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TIME'S UP TERMITE, INC. 401(K) PLAN 401k Plan overview

Plan NameTIME'S UP TERMITE, INC. 401(K) PLAN
Plan identification number 001

TIME'S UP TERMITE, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

TIME'S UP TERMITE, INC. DBA SCHAFER CONSTRUCTION has sponsored the creation of one or more 401k plans.

Company Name:TIME'S UP TERMITE, INC. DBA SCHAFER CONSTRUCTION
Employer identification number (EIN):200879318
NAIC Classification:561710
NAIC Description:Exterminating and Pest Control Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TIME'S UP TERMITE, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01PETER GRIESMAIER2023-03-14
0012021-01-01PETER GRIESMAIER2022-03-01
0012020-01-01PETER GRIESMAIER2021-03-04
0012019-01-01PETER GRIESMAIER2020-06-16
0012018-01-01PETER GRIESMAIER2019-06-27
0012017-01-01PETER GRIESMAIER2018-06-26
0012016-01-01PETER GRIESMAIER2017-07-12
0012015-01-01PETER GRIESMAIER2016-07-28

Financial Data on TIME'S UP TERMITE, INC. 401(K) PLAN

Measure Date Value
2025 : TIME'S UP TERMITE, INC. 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-02-180
Total liabilities as of the beginning of the plan year2025-02-180
Total expenses incurred by plan in this plan year2025-02-1825858
Net assets as of the end of the plan year2025-02-181174373
Total assets as of the beginning of the plan year2025-02-18989624
Value of plan covered by a fidelity bond2025-02-1880000
Participant contributions to plan in this plan year2025-02-1859833
Other expenses paid from plan in this plan year2025-02-18170
Other contributions to plan in this plan year2025-02-180
Other income to plan in this plan year2025-02-18112490
Plan net income in this plan year2025-02-18184749
Net assets as of the end of the plan year2025-02-181174373
Net assets as of the beginning of the plan year2025-02-18989624
Employer contributions to plan in this plan year2025-02-1838284
2024 : TIME'S UP TERMITE, INC. 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-03-200
Total liabilities as of the end of the plan year2024-03-200
Total liabilities as of the beginning of the plan year2024-03-200
Total expenses incurred by plan in this plan year2024-03-20280
Net assets as of the end of the plan year2024-03-20989624
Total assets as of the beginning of the plan year2024-03-20768559
Value of plan covered by a fidelity bond2024-03-2080000
Participant contributions to plan in this plan year2024-03-2061908
Other expenses paid from plan in this plan year2024-03-200
Other contributions to plan in this plan year2024-03-200
Other income to plan in this plan year2024-03-20120573
Plan net income in this plan year2024-03-20221065
Net assets as of the end of the plan year2024-03-20989624
Net assets as of the beginning of the plan year2024-03-20768559
Employer contributions to plan in this plan year2024-03-2038864
Expensese paid to adminstrative service provicers from plan in this plan year2024-03-20280
2022 : TIME'S UP TERMITE, INC. 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-03-030
Total expenses incurred by plan in this plan year2022-03-0324250
Net assets as of the end of the plan year2022-03-03785523
Total assets as of the beginning of the plan year2022-03-03593211
Value of plan covered by a fidelity bond2022-03-0380000
Participant contributions to plan in this plan year2022-03-0392781
Other income to plan in this plan year2022-03-0382785
Plan net income in this plan year2022-03-03192312
Net assets as of the end of the plan year2022-03-03785523
Net assets as of the beginning of the plan year2022-03-03593211
Employer contributions to plan in this plan year2022-03-0340996
Expensese paid to adminstrative service provicers from plan in this plan year2022-03-03350

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