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POWERWORKS ELECTRIC 401(K) PLAN 401k Plan overview

Plan NamePOWERWORKS ELECTRIC 401(K) PLAN
Plan identification number 001

POWERWORKS ELECTRIC 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
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

POWERWORKS ELECTRIC, LLC has sponsored the creation of one or more 401k plans.

Company Name:POWERWORKS ELECTRIC, LLC
Employer identification number (EIN):208800464
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Additional information about POWERWORKS ELECTRIC, LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 1246301

More information about POWERWORKS ELECTRIC, LLC

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DIANE ADAMS2024-10-15
0012022-01-01KYLE GRIMMER2023-10-09
0012021-01-01KYLE GRIMMER2022-10-06
0012020-01-01KYLE GRIMMER2021-10-04
0012019-01-01KYLE GRIMMER2020-10-14
0012018-01-01KYLE GRIMMER2019-10-15
0012017-01-01AL FIORE2018-10-15 AL FIORE2018-10-15
0012017-01-01ALFONSE FRANK FIORE2019-05-28
0012016-01-01AL FIORE2017-10-03 AL FIORE2017-10-03
0012015-01-01GAYLE DUNBAR2016-07-13 GAYLE DUNBAR2016-07-13
0012014-01-01GAYLE DUNBAR2015-05-29
0012013-01-01GAYLE DUNBAR2014-07-30 GAYLE DUNBAR2014-07-30
0012012-01-01GAYLE DUNBAR2013-05-19
0012011-01-01GAYLE DUNBAR2012-09-19
0012010-01-01GAYLE DUNBAR2011-10-13

Financial Data on POWERWORKS ELECTRIC 401(K) PLAN

Measure Date Value
2025 : POWERWORKS ELECTRIC 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-250
Total liabilities as of the end of the plan year2025-09-250
Total liabilities as of the beginning of the plan year2025-09-250
Total expenses incurred by plan in this plan year2025-09-25328954
Net assets as of the end of the plan year2025-09-253290356
Total assets as of the beginning of the plan year2025-09-252737855
Value of plan covered by a fidelity bond2025-09-25273786
Participant contributions to plan in this plan year2025-09-25254488
Value of participant loans at end of plan year2025-09-25107764
Other expenses paid from plan in this plan year2025-09-254625
Other contributions to plan in this plan year2025-09-2515470
Other income to plan in this plan year2025-09-25426474
Plan net income in this plan year2025-09-25552501
Net assets as of the end of the plan year2025-09-253290356
Net assets as of the beginning of the plan year2025-09-252737855
Employer contributions to plan in this plan year2025-09-25185023
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-250
2024 : POWERWORKS ELECTRIC 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-150
Total liabilities as of the beginning of the plan year2024-10-150
Total expenses incurred by plan in this plan year2024-10-15113920
Net assets as of the end of the plan year2024-10-152737855
Total assets as of the beginning of the plan year2024-10-152171127
Value of plan covered by a fidelity bond2024-10-15217200
Participant contributions to plan in this plan year2024-10-15229521
Value of participant loans at end of plan year2024-10-1559019
Other expenses paid from plan in this plan year2024-10-150
Other contributions to plan in this plan year2024-10-150
Other income to plan in this plan year2024-10-15353649
Plan net income in this plan year2024-10-15566728
Net assets as of the end of the plan year2024-10-152737855
Net assets as of the beginning of the plan year2024-10-152171127
Employer contributions to plan in this plan year2024-10-1597478
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-152370
2022 : POWERWORKS ELECTRIC 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-105,246
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$422,745
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$417,400
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$314,963
Value of total assets at end of year2022-12-31$2,171,127
Value of total assets at beginning of year2022-12-31$2,699,118
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$5,345
Total interest from all sources2022-12-31$3,979
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$253,063
Participant contributions at end of year2022-12-31$69,895
Participant contributions at beginning of year2022-12-31$56,320
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$0
Other income not declared elsewhere2022-12-31$51
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-527,991
Value of net assets at end of year (total assets less liabilities)2022-12-31$2,171,127
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$2,699,118
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in pooled separate accounts at end of year2022-12-31$2,091,544
Value of interest in pooled separate accounts at beginning of year2022-12-31$2,571,643
Interest on participant loans2022-12-31$3,979
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$9,688
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$71,155
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-424,239
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$61,900
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$417,400
Contract administrator fees2022-12-31$5,345
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Disclaimer
Accountancy firm name2022-12-31POWDERLY VUCHNICH PLLC
Accountancy firm EIN2022-12-31463705845
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$-105,246
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$422,745
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$417,400
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$314,963
Value of total assets at end of year2022-01-01$2,171,127
Value of total assets at beginning of year2022-01-01$2,699,118
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$5,345
Total interest from all sources2022-01-01$3,979
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$1,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$253,063
Participant contributions at end of year2022-01-01$69,895
Participant contributions at beginning of year2022-01-01$56,320
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$0
Other income not declared elsewhere2022-01-01$51
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-527,991
Value of net assets at end of year (total assets less liabilities)2022-01-01$2,171,127
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$2,699,118
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in pooled separate accounts at end of year2022-01-01$2,091,544
Value of interest in pooled separate accounts at beginning of year2022-01-01$2,571,643
Interest on participant loans2022-01-01$3,979
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$9,688
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$71,155
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-424,239
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$61,900
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$417,400
Contract administrator fees2022-01-01$5,345
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-013
Accountancy firm name2022-01-01POWDERLY VUCHNICH PLLC
Accountancy firm EIN2022-01-01463705845
2021 : POWERWORKS ELECTRIC 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$627,748
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$369,566
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$362,248
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$318,673
Value of total assets at end of year2021-12-31$2,699,118
Value of total assets at beginning of year2021-12-31$2,440,936
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$7,318
Total interest from all sources2021-12-31$2,935
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31No
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$263,338
Participant contributions at end of year2021-12-31$56,320
Participant contributions at beginning of year2021-12-31$63,373
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$14,485
Administrative expenses (other) incurred2021-12-31$1,498
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$258,182
Value of net assets at end of year (total assets less liabilities)2021-12-31$2,699,118
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$2,440,936
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$2,571,643
Value of interest in pooled separate accounts at beginning of year2021-12-31$2,303,388
Interest on participant loans2021-12-31$2,935
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$71,155
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$74,175
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$306,140
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$40,850
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$362,248
Contract administrator fees2021-12-31$5,820
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Disclaimer
Accountancy firm name2021-12-31POWDERLY VUCHNICH PLLC
Accountancy firm EIN2021-12-31463705845
2020 : POWERWORKS ELECTRIC 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$596,472
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$256,118
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$248,898
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$282,403
Value of total assets at end of year2020-12-31$2,440,936
Value of total assets at beginning of year2020-12-31$2,100,582
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$7,220
Total interest from all sources2020-12-31$3,085
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$282,403
Participant contributions at end of year2020-12-31$63,373
Participant contributions at beginning of year2020-12-31$53,589
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$0
Other income not declared elsewhere2020-12-31$-889
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$340,354
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,440,936
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,100,582
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$2,303,388
Value of interest in pooled separate accounts at beginning of year2020-12-31$2,027,947
Interest on participant loans2020-12-31$3,085
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$74,175
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$19,046
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$311,873
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$248,898
Contract administrator fees2020-12-31$7,220
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31POWDERLY VUCHNICH PLLC
Accountancy firm EIN2020-12-31463705845
2019 : POWERWORKS ELECTRIC 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$621,442
Total income from all sources (including contributions)2019-12-31$621,442
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$125,316
Total of all expenses incurred2019-12-31$125,316
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$122,998
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$122,998
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$320,186
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$320,186
Value of total assets at end of year2019-12-31$2,100,582
Value of total assets at end of year2019-12-31$2,100,582
Value of total assets at beginning of year2019-12-31$1,604,456
Value of total assets at beginning of year2019-12-31$1,604,456
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$2,318
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$2,318
Total interest from all sources2019-12-31$3,102
Total interest from all sources2019-12-31$3,102
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,357
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,357
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,357
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,357
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$246,686
Contributions received from participants2019-12-31$246,686
Participant contributions at end of year2019-12-31$53,589
Participant contributions at end of year2019-12-31$53,589
Participant contributions at beginning of year2019-12-31$43,200
Participant contributions at beginning of year2019-12-31$43,200
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$24,000
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$24,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$496,126
Value of net income/loss2019-12-31$496,126
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,100,582
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,100,582
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,604,456
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,604,456
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,027,947
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,027,947
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$1,561,256
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$1,561,256
Interest on participant loans2019-12-31$3,102
Interest on participant loans2019-12-31$3,102
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$19,046
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$19,046
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$296,797
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$296,797
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$49,500
Contributions received in cash from employer2019-12-31$49,500
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$122,998
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$122,998
Contract administrator fees2019-12-31$2,318
Contract administrator fees2019-12-31$2,318
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31POWDERLY VUCHNICH PLLC
Accountancy firm name2019-12-31POWDERLY VUCHNICH PLLC
Accountancy firm EIN2019-12-31463705845
Accountancy firm EIN2019-12-31463705845
2018 : POWERWORKS ELECTRIC 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$201,927
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$143,770
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$136,337
Expenses. Certain deemed distributions of participant loans2018-12-31$5,526
Value of total corrective distributions2018-12-31$382
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$280,743
Value of total assets at end of year2018-12-31$1,604,456
Value of total assets at beginning of year2018-12-31$1,546,299
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,525
Total interest from all sources2018-12-31$1,996
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$64,971
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$64,971
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$200,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$186,175
Participant contributions at end of year2018-12-31$43,200
Participant contributions at beginning of year2018-12-31$54,505
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$94,568
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$58,157
Value of net assets at end of year (total assets less liabilities)2018-12-31$1,604,456
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$1,546,299
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$1,561,256
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$1,491,794
Interest on participant loans2018-12-31$1,996
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-145,783
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$136,337
Contract administrator fees2018-12-31$1,525
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31POWDERLY VUCHNICH PLLC
Accountancy firm EIN2018-12-31463705845

Form 5500 Responses for POWERWORKS ELECTRIC 401(K) PLAN

2022: POWERWORKS ELECTRIC 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: POWERWORKS ELECTRIC 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: POWERWORKS ELECTRIC 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: POWERWORKS ELECTRIC 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: POWERWORKS ELECTRIC 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81C985
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81C985
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81C985
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81C985
Policy instance 1

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