| Plan Name | JRM CONSTRUCTION MANAGEMENT EMPLOYEE STOCK OWNERSHIP PLAN |
| Plan identification number | 004 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | JRM CONSTRUCTION MANAGEMENT |
| Employer identification number (EIN): | 208783504 |
| NAIC Classification: | 236110 |
Additional information about JRM CONSTRUCTION MANAGEMENT
| Jurisdiction of Incorporation: | New York Department of State |
| Incorporation Date: | 2007-04-03 |
| Company Identification Number: | 3498463 |
| Legal Registered Office Address: |
242 WEST 36TH STREET 11TH FLOOR NEW YORK United States of America (USA) 10018 |
More information about JRM CONSTRUCTION MANAGEMENT
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 004 | 2019-01-01 | ||||
| 004 | 2018-08-03 | JOSEPH ROMANO | 2019-09-26 | ||
| 004 | 2018-08-03 |
| Measure | Date | Value |
|---|---|---|
| 2019 : JRM CONSTRUCTION MANAGEMENT EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $37,117,118 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $37,117,118 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $122,834,457 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $125,048,565 |
| Expenses. Interest paid | 2019-12-31 | $6,325,140 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2019-12-31 | $6,325,140 |
| Total income from all sources (including contributions) | 2019-12-31 | $43,884,924 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $6,325,140 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $6,767,806 |
| Value of total assets at end of year | 2019-12-31 | $89,029,407 |
| Value of total assets at beginning of year | 2019-12-31 | $53,683,731 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $5,774,741 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $48,565 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $37,559,784 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $-33,805,050 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $-71,364,834 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $82,812,000 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $47,124,000 |
| Contributions received in cash from employer | 2019-12-31 | $6,767,806 |
| Employer contributions (assets) at end of year | 2019-12-31 | $6,217,407 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $6,559,731 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2019-12-31 | $117,059,716 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $125,000,000 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | GRASSI & CO., CPAS, P.C. |
| Accountancy firm EIN | 2019-12-31 | 113266576 |
| 2018 : JRM CONSTRUCTION MANAGEMENT EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-76,446,883 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-76,446,883 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $127,661,079 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Expenses. Interest paid | 2018-12-31 | $4,090,196 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2018-12-31 | $4,090,196 |
| Total income from all sources (including contributions) | 2018-12-31 | $-69,887,152 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $4,090,196 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $6,559,731 |
| Value of total assets at end of year | 2018-12-31 | $53,683,731 |
| Value of total assets at beginning of year | 2018-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $0 |
| Total interest from all sources | 2018-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $4,090,196 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-73,977,348 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $-73,977,348 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $47,124,000 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $0 |
| Contributions received in cash from employer | 2018-12-31 | $6,559,731 |
| Employer contributions (assets) at end of year | 2018-12-31 | $6,559,731 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2018-12-31 | $123,570,883 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $0 |
| 2019: JRM CONSTRUCTION MANAGEMENT EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses | ||
|---|---|---|
| 2019-01-01 | Type of plan entity | Single employer plan |
| 2019-01-01 | Submission has been amended | No |
| 2019-01-01 | This submission is the final filing | No |
| 2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2019-01-01 | Plan is a collectively bargained plan | No |
| 2019-01-01 | Plan funding arrangement – Trust | Yes |
| 2019-01-01 | Plan benefit arrangement - Trust | Yes |
| 2018: JRM CONSTRUCTION MANAGEMENT EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses | ||
| 2018-08-03 | Type of plan entity | Single employer plan |
| 2018-08-03 | First time form 5500 has been submitted | Yes |
| 2018-08-03 | Submission has been amended | No |
| 2018-08-03 | This submission is the final filing | No |
| 2018-08-03 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2018-08-03 | Plan is a collectively bargained plan | No |
| 2018-08-03 | Plan funding arrangement – Trust | Yes |
| 2018-08-03 | Plan benefit arrangement - Trust | Yes |