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SPEER AIR 401(K) PLAN 401k Plan overview

Plan NameSPEER AIR 401(K) PLAN
Plan identification number 001

SPEER AIR 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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

SPEER AIR CONDITIONING, INC has sponsored the creation of one or more 401k plans.

Company Name:SPEER AIR CONDITIONING, INC
Employer identification number (EIN):221809807
NAIC Classification:238220
NAIC Description:Plumbing, Heating, and Air-Conditioning Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPEER AIR 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01R.. CRAIG THORSON2024-06-07
0012022-01-01R.. CRAIG THORSON2023-09-20
0012021-01-01R. CRAIG THORSON2022-05-11
0012020-01-01ROBERT C THORSON2021-06-15 ROBERT C THORSON2021-06-15
0012019-01-01ROBERT CRAIG THORSON2020-06-30 ROBERT CRAIG THORSON2020-06-30
0012018-01-01ROBERT C. THOROSN2019-07-09 ROBERT C. THORSON2019-07-09
0012017-01-01ROBERT CRAIG THORSON2018-10-10 R. CRAIG THORSON2018-10-10
0012016-01-01ROBERT CRAIG THORSON2017-05-31 ROBERT CRAIG THORSON2017-05-31
0012015-01-01R. CRAIG THORSON2016-07-29 R. CRAIG THORSON2016-07-29
0012014-01-01ROBERT THORSON
0012013-01-01ROBERT THORSON
0012012-01-01ROBERT THORSON
0012011-01-01ROBERT THORSON
0012009-01-01ROBERT THORSON ROBERT THORSON2010-08-19

Plan Statistics for SPEER AIR 401(K) PLAN

401k plan membership statisitcs for SPEER AIR 401(K) PLAN

Measure Date Value
2025: SPEER AIR 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-0630
Total number of particpants at end of year2025-10-0644
Number of Participants With Account Balances2025-10-0633
2024: SPEER AIR 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-0739
Total number of particpants at end of year2024-06-0737
Number of Participants With Account Balances2024-06-0728
2022: SPEER AIR 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-05-1128
Total number of particpants at end of year2022-05-1139
Number of Participants With Account Balances2022-05-1130
2014: SPEER AIR 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0127
Total number of active participants reported on line 7a of the Form 55002014-01-0116
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0110
Total of all active and inactive participants2014-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0126
Number of participants with account balances2014-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SPEER AIR 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0127
Total number of active participants reported on line 7a of the Form 55002013-01-0116
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0111
Total of all active and inactive participants2013-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0127
Number of participants with account balances2013-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-015
2012: SPEER AIR 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0127
Total number of active participants reported on line 7a of the Form 55002012-01-0118
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-019
Total of all active and inactive participants2012-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0127
Number of participants with account balances2012-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-015
2011: SPEER AIR 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0126
Total number of active participants reported on line 7a of the Form 55002011-01-0119
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0125
Number of participants with account balances2011-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: SPEER AIR 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0124
Total number of active participants reported on line 7a of the Form 55002009-01-0116
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-017
Total of all active and inactive participants2009-01-0123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0123
Number of participants with account balances2009-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SPEER AIR 401(K) PLAN

Measure Date Value
2025 : SPEER AIR 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-06284350
Net assets as of the end of the plan year2025-10-062036729
Total assets as of the beginning of the plan year2025-10-061932111
Value of plan covered by a fidelity bond2025-10-06193000
Participant contributions to plan in this plan year2025-10-06129506
Value of participant loans at end of plan year2025-10-062669
Other income to plan in this plan year2025-10-06249544
Plan net income in this plan year2025-10-06104618
Net assets as of the end of the plan year2025-10-062036729
Net assets as of the beginning of the plan year2025-10-061932111
Employer contributions to plan in this plan year2025-10-069918
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-065084
2024 : SPEER AIR 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-070
Total liabilities as of the end of the plan year2024-06-070
Total liabilities as of the beginning of the plan year2024-06-070
Total expenses incurred by plan in this plan year2024-06-0732460
Net assets as of the end of the plan year2024-06-071932111
Total assets as of the beginning of the plan year2024-06-071564436
Value of plan covered by a fidelity bond2024-06-07200000
Participant contributions to plan in this plan year2024-06-07115877
Other expenses paid from plan in this plan year2024-06-070
Other contributions to plan in this plan year2024-06-070
Other income to plan in this plan year2024-06-07273457
Plan net income in this plan year2024-06-07367675
Net assets as of the end of the plan year2024-06-071932111
Net assets as of the beginning of the plan year2024-06-071564436
Employer contributions to plan in this plan year2024-06-0710801
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-07100
2022 : SPEER AIR 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-05-110
Total expenses incurred by plan in this plan year2022-05-110
Net assets as of the end of the plan year2022-05-112409025
Total assets as of the beginning of the plan year2022-05-111973937
Value of plan covered by a fidelity bond2022-05-11100000
Participant contributions to plan in this plan year2022-05-11149429
Other expenses paid from plan in this plan year2022-05-110
Other contributions to plan in this plan year2022-05-110
Other income to plan in this plan year2022-05-11271424
Plan net income in this plan year2022-05-11435088
Net assets as of the end of the plan year2022-05-112409025
Net assets as of the beginning of the plan year2022-05-111973937
Employer contributions to plan in this plan year2022-05-1114235
2014 : SPEER AIR 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total income from all sources2014-12-31$167,363
Expenses. Total of all expenses incurred2014-12-31$246,027
Benefits paid (including direct rollovers)2014-12-31$246,027
Total plan assets at end of year2014-12-31$1,146,097
Total plan assets at beginning of year2014-12-31$1,224,761
Value of fidelity bond covering the plan2014-12-31$100,000
Total contributions received or receivable from participants2014-12-31$83,845
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$75,133
Net income (gross income less expenses)2014-12-31$-78,664
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,146,097
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,224,761
Assets. Value of participant loans2014-12-31$0
Total contributions received or receivable from employer(s)2014-12-31$8,385
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : SPEER AIR 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total income from all sources2013-12-31$326,803
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$1,224,761
Total plan assets at beginning of year2013-12-31$897,958
Value of fidelity bond covering the plan2013-12-31$100,000
Total contributions received or receivable from participants2013-12-31$78,421
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$240,543
Net income (gross income less expenses)2013-12-31$326,803
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,224,761
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$897,958
Assets. Value of participant loans2013-12-31$0
Total contributions received or receivable from employer(s)2013-12-31$7,839
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
2012 : SPEER AIR 401(K) PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total income from all sources2012-12-31$190,198
Expenses. Total of all expenses incurred2012-12-31$35,969
Benefits paid (including direct rollovers)2012-12-31$35,969
Total plan assets at end of year2012-12-31$897,958
Total plan assets at beginning of year2012-12-31$743,729
Value of fidelity bond covering the plan2012-12-31$100,000
Total contributions received or receivable from participants2012-12-31$63,302
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$120,566
Net income (gross income less expenses)2012-12-31$154,229
Net plan assets at end of year (total assets less liabilities)2012-12-31$897,958
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$743,729
Assets. Value of participant loans2012-12-31$7,620
Total contributions received or receivable from employer(s)2012-12-31$6,330
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : SPEER AIR 401(K) PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$8,552
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$743,729
Total plan assets at beginning of year2011-12-31$735,177
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$58,667
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-55,982
Net income (gross income less expenses)2011-12-31$8,552
Net plan assets at end of year (total assets less liabilities)2011-12-31$743,729
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$735,177
Assets. Value of participant loans2011-12-31$10,000
Total contributions received or receivable from employer(s)2011-12-31$5,867
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
2010 : SPEER AIR 401(K) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$112,609
Expenses. Total of all expenses incurred2010-12-31$32,107
Benefits paid (including direct rollovers)2010-12-31$32,107
Total plan assets at end of year2010-12-31$735,177
Total plan assets at beginning of year2010-12-31$654,675
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$45,419
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$62,643
Net income (gross income less expenses)2010-12-31$80,502
Net plan assets at end of year (total assets less liabilities)2010-12-31$735,177
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$654,675
Assets. Value of participant loans2010-12-31$10,000
Total contributions received or receivable from employer(s)2010-12-31$4,547
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : SPEER AIR 401(K) PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for SPEER AIR 401(K) PLAN

2014: SPEER AIR 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: SPEER AIR 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: SPEER AIR 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: SPEER AIR 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: SPEER AIR 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-024717
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-024717
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-024717
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-024717
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-024717
Policy instance 1

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