401k Plan data: CANOVA ELECTRIC 401(K) PLAN plan

CANOVA ELECTRIC 401(K) PLAN 401k Plan overview

Plan Name	CANOVA ELECTRIC 401(K) PLAN
Plan identification number	001

CANOVA ELECTRIC 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
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

CANOVA ELECTRICAL CONTRACTING, INC. has sponsored the creation of one or more 401k plans.

Company Name: CANOVA ELECTRICAL CONTRACTING, INC.

Employer identification number (EIN): 202547991

NAIC Classification: 238210
NAIC Description: Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CANOVA ELECTRIC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 AMANDA HOOVER
001 2016-01-01 AMANDA HOOVER
001 2015-01-01 AMANDA HOOVER
001 2014-01-01 AMANDA HOOVER
001 2013-01-01 AMANDA HOOVER
001 2012-01-01 JAMES CANOVA 2013-10-07 JAMES CANOVA 2013-10-07
001 2011-01-01 JAMES J. CANOVA 2012-09-25 JAMES J. CANOVA 2012-09-25
001 2010-01-01 JAMES J. CANOVA 2011-09-28 JAMES J. CANOVA 2011-09-28

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	AMANDA HOOVER
001	2016-01-01	AMANDA HOOVER
001	2015-01-01	AMANDA HOOVER
001	2014-01-01	AMANDA HOOVER
001	2013-01-01	AMANDA HOOVER
001	2012-01-01	JAMES CANOVA	2013-10-07	JAMES CANOVA	2013-10-07
001	2011-01-01	JAMES J. CANOVA	2012-09-25	JAMES J. CANOVA	2012-09-25
001	2010-01-01	JAMES J. CANOVA	2011-09-28	JAMES J. CANOVA	2011-09-28

Plan Statistics for CANOVA ELECTRIC 401(K) PLAN

401k plan membership statisitcs for CANOVA ELECTRIC 401(K) PLAN

Measure Date Value
2017: CANOVA ELECTRIC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 20
Number of other retired or separated participants entitled to future benefits 2017-01-01 3
Total of all active and inactive participants 2017-01-01 23
Total participants 2017-01-01 23
Number of participants with account balances 2017-01-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 3
2016: CANOVA ELECTRIC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 36
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 43
Total of all active and inactive participants 2016-01-01 43
Total participants 2016-01-01 43
Number of participants with account balances 2016-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 1
2015: CANOVA ELECTRIC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 31
Number of other retired or separated participants entitled to future benefits 2015-01-01 5
Total of all active and inactive participants 2015-01-01 36
Total participants 2015-01-01 36
Number of participants with account balances 2015-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 9
2014: CANOVA ELECTRIC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 58
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 48
Number of other retired or separated participants entitled to future benefits 2014-01-01 1
Total of all active and inactive participants 2014-01-01 49
Total participants 2014-01-01 49
Number of participants with account balances 2014-01-01 42
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 9
2013: CANOVA ELECTRIC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 50
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 58
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 58
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 58
Number of participants with account balances 2013-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2017: CANOVA ELECTRIC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	20
Number of other retired or separated participants entitled to future benefits	2017-01-01	3
Total of all active and inactive participants	2017-01-01	23
Total participants	2017-01-01	23
Number of participants with account balances	2017-01-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	3
2016: CANOVA ELECTRIC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	36
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	43
Total of all active and inactive participants	2016-01-01	43
Total participants	2016-01-01	43
Number of participants with account balances	2016-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	1
2015: CANOVA ELECTRIC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	31
Number of other retired or separated participants entitled to future benefits	2015-01-01	5
Total of all active and inactive participants	2015-01-01	36
Total participants	2015-01-01	36
Number of participants with account balances	2015-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	9
2014: CANOVA ELECTRIC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	58
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	48
Number of other retired or separated participants entitled to future benefits	2014-01-01	1
Total of all active and inactive participants	2014-01-01	49
Total participants	2014-01-01	49
Number of participants with account balances	2014-01-01	42
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	9
2013: CANOVA ELECTRIC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	50
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	58
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	58
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	58
Number of participants with account balances	2013-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on CANOVA ELECTRIC 401(K) PLAN

Measure	Date	Value
2017 : CANOVA ELECTRIC 401(K) PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$274,392
Expenses. Total of all expenses incurred	2017-12-31	$565,684
Benefits paid (including direct rollovers)	2017-12-31	$562,744
Total plan assets at end of year	2017-12-31	$791,933
Total plan assets at beginning of year	2017-12-31	$1,083,225
Value of fidelity bond covering the plan	2017-12-31	$100,000
Total contributions received or receivable from participants	2017-12-31	$57,530
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$206,801
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$-291,292
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$791,933
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,083,225
Assets. Value of participant loans	2017-12-31	$7,903
Total contributions received or receivable from employer(s)	2017-12-31	$10,061
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$2,940
2016 : CANOVA ELECTRIC 401(K) PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$151,449
Expenses. Total of all expenses incurred	2016-12-31	$27,118
Benefits paid (including direct rollovers)	2016-12-31	$23,867
Total plan assets at end of year	2016-12-31	$1,083,225
Total plan assets at beginning of year	2016-12-31	$958,894
Value of fidelity bond covering the plan	2016-12-31	$100,000
Total contributions received or receivable from participants	2016-12-31	$62,614
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$78,005
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$124,331
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,083,225
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$958,894
Assets. Value of participant loans	2016-12-31	$6,182
Total contributions received or receivable from employer(s)	2016-12-31	$10,830
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$3,251
2015 : CANOVA ELECTRIC 401(K) PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$91,671
Expenses. Total of all expenses incurred	2015-12-31	$182,935
Benefits paid (including direct rollovers)	2015-12-31	$168,817
Total plan assets at end of year	2015-12-31	$958,894
Total plan assets at beginning of year	2015-12-31	$1,050,158
Value of fidelity bond covering the plan	2015-12-31	$100,000
Total contributions received or receivable from participants	2015-12-31	$54,119
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-13,238
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$-91,264
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$958,894
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,050,158
Assets. Value of participant loans	2015-12-31	$11,601
Total contributions received or receivable from employer(s)	2015-12-31	$50,790
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$8,359
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$5,759
2014 : CANOVA ELECTRIC 401(K) PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$240,690
Expenses. Total of all expenses incurred	2014-12-31	$266,738
Benefits paid (including direct rollovers)	2014-12-31	$261,498
Total plan assets at end of year	2014-12-31	$1,050,158
Total plan assets at beginning of year	2014-12-31	$1,076,206
Value of fidelity bond covering the plan	2014-12-31	$100,000
Total contributions received or receivable from participants	2014-12-31	$75,516
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$79,566
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$-26,048
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,050,158
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,076,206
Assets. Value of participant loans	2014-12-31	$50,853
Total contributions received or receivable from employer(s)	2014-12-31	$85,608
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$5,240
2013 : CANOVA ELECTRIC 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$1,145
Expenses. Total of all expenses incurred	2013-12-31	$0
Benefits paid (including direct rollovers)	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$1,076,206
Total plan assets at beginning of year	2013-12-31	$1,075,061
Value of fidelity bond covering the plan	2013-12-31	$100,000
Total contributions received or receivable from participants	2013-12-31	$3,074
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$-3,428
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$1,145
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,076,206
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,075,061
Total contributions received or receivable from employer(s)	2013-12-31	$1,499
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0

Form 5500 Responses for CANOVA ELECTRIC 401(K) PLAN

2017: CANOVA ELECTRIC 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: CANOVA ELECTRIC 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: CANOVA ELECTRIC 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: CANOVA ELECTRIC 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: CANOVA ELECTRIC 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )

Policy contract number

PHU526

Policy instance

Insurance contract or identification number	PHU526
Number of Individuals Covered	0
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Total amount of commissions paid to insurance broker	USD $2,770
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	2770
Insurance broker organization code?	3
Insurance broker name	WELLS FARGO ADVISORS INS. AGENCY

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Company Name:	CANOVA ELECTRICAL CONTRACTING, INC.
Employer identification number (EIN):	202547991
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors