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FADDIS CONCRETE PRODUCTS 401(K) PLAN 401k Plan overview

Plan NameFADDIS CONCRETE PRODUCTS 401(K) PLAN
Plan identification number 001

FADDIS CONCRETE PRODUCTS 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.
  • 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

HESSIAN CO. LTD TA FADDIS CONCRETE PRODUCTS has sponsored the creation of one or more 401k plans.

Company Name:HESSIAN CO. LTD TA FADDIS CONCRETE PRODUCTS
Employer identification number (EIN):232564014
NAIC Classification:327300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FADDIS CONCRETE PRODUCTS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01ALBERT TRIBUNO ALBERT TRIBUNO2018-09-27
0012016-01-01ALBERT TRIBUNO ALBERT TRIBUNO2017-10-12
0012015-01-01ALBERT TRIBUNO ALBERT TRIBUNO2016-10-17
0012009-01-01ALBERT TRIBUNO

Plan Statistics for FADDIS CONCRETE PRODUCTS 401(K) PLAN

401k plan membership statisitcs for FADDIS CONCRETE PRODUCTS 401(K) PLAN

Measure Date Value
2020: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01192
Total number of active participants reported on line 7a of the Form 55002020-01-01170
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-0121
Total of all active and inactive participants2020-01-01192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01193
Number of participants with account balances2020-01-01158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0147
2019: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01161
Total number of active participants reported on line 7a of the Form 55002019-01-01154
Number of retired or separated participants receiving benefits2019-01-0112
Number of other retired or separated participants entitled to future benefits2019-01-0125
Total of all active and inactive participants2019-01-01191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01191
Number of participants with account balances2019-01-01144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0133
2018: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01165
Total number of active participants reported on line 7a of the Form 55002018-01-01147
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-0112
Total of all active and inactive participants2018-01-01161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01161
Number of participants with account balances2018-01-01100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0118
2017: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01156
Total number of active participants reported on line 7a of the Form 55002017-01-01129
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-017
Total of all active and inactive participants2017-01-01137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01137
Number of participants with account balances2017-01-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0111
2016: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01145
Total number of active participants reported on line 7a of the Form 55002016-01-01121
Number of retired or separated participants receiving benefits2016-01-012
Number of other retired or separated participants entitled to future benefits2016-01-0110
Total of all active and inactive participants2016-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01133
Number of participants with account balances2016-01-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-017
2015: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01165
Total number of active participants reported on line 7a of the Form 55002015-01-01147
Number of retired or separated participants receiving benefits2015-01-012
Number of other retired or separated participants entitled to future benefits2015-01-017
Total of all active and inactive participants2015-01-01156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01156
Number of participants with account balances2015-01-0176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0111
2009: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01112
Total number of active participants reported on line 7a of the Form 55002009-01-010
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-010
Number of participants with account balances2009-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on FADDIS CONCRETE PRODUCTS 401(K) PLAN

Measure Date Value
2020 : FADDIS CONCRETE PRODUCTS 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$26,284
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$12,747
Total income from all sources (including contributions)2020-12-31$794,465
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$143,750
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$105,487
Value of total corrective distributions2020-12-31$20,586
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$524,589
Value of total assets at end of year2020-12-31$2,213,578
Value of total assets at beginning of year2020-12-31$1,549,326
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$17,677
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$32,886
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$32,886
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 period2020-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$390,841
Participant contributions at end of year2020-12-31$11,555
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Liabilities. Value of operating payables at end of year2020-12-31$2,803
Liabilities. Value of operating payables at beginning of year2020-12-31$1,932
Total non interest bearing cash at end of year2020-12-31$10,142
Total non interest bearing cash at beginning of year2020-12-31$3,867
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$650,715
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,187,294
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,536,579
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
Investment advisory and management fees2020-12-31$8,948
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,109,793
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$1,493,398
Value of interest in common/collective trusts at end of year2020-12-31$77,038
Value of interest in common/collective trusts at beginning of year2020-12-31$52,061
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$235,564
Net investment gain or loss from common/collective trusts2020-12-31$1,426
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$133,748
Employer contributions (assets) at end of year2020-12-31$5,050
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$105,487
Contract administrator fees2020-12-31$8,729
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Liabilities. Value of benefit claims payable at end of year2020-12-31$23,481
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$10,815
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 name2020-12-31HERBIN & COMPANY, INC.
Accountancy firm EIN2020-12-31232415973
2019 : FADDIS CONCRETE PRODUCTS 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$12,747
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$12,747
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$22,701
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$22,701
Total income from all sources (including contributions)2019-12-31$639,389
Total income from all sources (including contributions)2019-12-31$639,389
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$66,611
Total of all expenses incurred2019-12-31$66,611
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$43,431
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$43,431
Value of total corrective distributions2019-12-31$10,815
Value of total corrective distributions2019-12-31$10,815
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$415,024
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$415,024
Value of total assets at end of year2019-12-31$1,549,326
Value of total assets at end of year2019-12-31$1,549,326
Value of total assets at beginning of year2019-12-31$986,502
Value of total assets at beginning of year2019-12-31$986,502
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$12,365
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$12,365
Total interest from all sources2019-12-31$0
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$34,884
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$34,884
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$34,884
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$34,884
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$154,000
Value of fidelity bond cover2019-12-31$154,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
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$299,283
Contributions received from participants2019-12-31$299,283
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$7,196
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$7,196
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$3
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$3
Liabilities. Value of operating payables at end of year2019-12-31$1,932
Liabilities. Value of operating payables at end of year2019-12-31$1,932
Total non interest bearing cash at end of year2019-12-31$3,867
Total non interest bearing cash at end of year2019-12-31$3,867
Total non interest bearing cash at beginning of year2019-12-31$2,330
Total non interest bearing cash at beginning of year2019-12-31$2,330
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$572,778
Value of net income/loss2019-12-31$572,778
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,536,579
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,536,579
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$963,801
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$963,801
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
Investment advisory and management fees2019-12-31$7,863
Investment advisory and management fees2019-12-31$7,863
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,493,398
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,493,398
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$943,711
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$943,711
Value of interest in common/collective trusts at end of year2019-12-31$52,061
Value of interest in common/collective trusts at beginning of year2019-12-31$40,458
Value of interest in common/collective trusts at beginning of year2019-12-31$40,458
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$188,189
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$188,189
Net investment gain or loss from common/collective trusts2019-12-31$1,292
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$108,545
Contributions received in cash from employer2019-12-31$108,545
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$43,431
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$43,431
Contract administrator fees2019-12-31$4,502
Contract administrator fees2019-12-31$4,502
Liabilities. Value of benefit claims payable at end of year2019-12-31$10,815
Liabilities. Value of benefit claims payable at end of year2019-12-31$10,815
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$22,701
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$22,701
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 name2019-12-31HERBIN & COMPANY, INC.
Accountancy firm name2019-12-31HERBIN & COMPANY, INC.
Accountancy firm EIN2019-12-31232415973
Accountancy firm EIN2019-12-31232415973
2018 : FADDIS CONCRETE PRODUCTS 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$22,701
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$10,231
Total income from all sources (including contributions)2018-12-31$492,262
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$147,722
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$118,429
Value of total corrective distributions2018-12-31$22,701
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$549,797
Value of total assets at end of year2018-12-31$986,502
Value of total assets at beginning of year2018-12-31$629,492
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$6,592
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$20,246
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$20,246
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$97,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$236,153
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$239,302
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$3
Liabilities. Value of operating payables at beginning of year2018-12-31$1,121
Total non interest bearing cash at end of year2018-12-31$2,330
Total non interest bearing cash at beginning of year2018-12-31$12,960
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$344,540
Value of net assets at end of year (total assets less liabilities)2018-12-31$963,801
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$619,261
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
Investment advisory and management fees2018-12-31$2,855
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$943,711
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$593,765
Value of interest in common/collective trusts at end of year2018-12-31$40,458
Value of interest in common/collective trusts at beginning of year2018-12-31$22,759
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-78,619
Net investment gain or loss from common/collective trusts2018-12-31$838
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$74,342
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$8
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$118,429
Contract administrator fees2018-12-31$3,737
Liabilities. Value of benefit claims payable at end of year2018-12-31$22,701
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$9,110
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 name2018-12-31HERBEIN & COMPANY, INC.
Accountancy firm EIN2018-12-31232415973
2017 : FADDIS CONCRETE PRODUCTS 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$10,231
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$262,298
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$56,838
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$41,278
Value of total corrective distributions2017-12-31$9,110
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$186,230
Value of total assets at end of year2017-12-31$629,492
Value of total assets at beginning of year2017-12-31$413,801
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$6,450
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$11,683
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$11,683
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$50,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$133,645
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Liabilities. Value of operating payables at end of year2017-12-31$1,121
Total non interest bearing cash at end of year2017-12-31$12,960
Total non interest bearing cash at beginning of year2017-12-31$5,080
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$205,460
Value of net assets at end of year (total assets less liabilities)2017-12-31$619,261
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$413,801
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$3,231
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$593,765
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$389,873
Value of interest in common/collective trusts at end of year2017-12-31$22,759
Value of interest in common/collective trusts at beginning of year2017-12-31$17,336
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$63,860
Net investment gain or loss from common/collective trusts2017-12-31$525
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$52,585
Employer contributions (assets) at end of year2017-12-31$8
Employer contributions (assets) at beginning of year2017-12-31$1,512
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$41,278
Contract administrator fees2017-12-31$3,219
Liabilities. Value of benefit claims payable at end of year2017-12-31$9,110
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31HERBEIN & COMPANY, INC.
Accountancy firm EIN2017-12-31232415973
2016 : FADDIS CONCRETE PRODUCTS 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$2,397
Total income from all sources (including contributions)2016-12-31$239,931
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$38,571
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$36,728
Value of total corrective distributions2016-12-31$-2,397
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$213,264
Value of total assets at end of year2016-12-31$413,801
Value of total assets at beginning of year2016-12-31$214,838
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$4,240
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$8,088
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$8,088
Administrative expenses professional fees incurred2016-12-31$1,385
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$50,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$153,564
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Total non interest bearing cash at end of year2016-12-31$5,080
Total non interest bearing cash at beginning of year2016-12-31$624
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$201,360
Value of net assets at end of year (total assets less liabilities)2016-12-31$413,801
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$212,441
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$389,873
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$192,280
Value of interest in common/collective trusts at end of year2016-12-31$17,336
Value of interest in common/collective trusts at beginning of year2016-12-31$12,312
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$18,238
Net investment gain or loss from common/collective trusts2016-12-31$341
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$59,700
Employer contributions (assets) at end of year2016-12-31$1,512
Employer contributions (assets) at beginning of year2016-12-31$9,622
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$36,728
Contract administrator fees2016-12-31$2,855
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$2,397
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31HERBEIN & COMPANY, INC.
Accountancy firm EIN2016-12-31232415973
2015 : FADDIS CONCRETE PRODUCTS 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$2,397
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$220,334
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$7,893
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$3,265
Value of total corrective distributions2015-12-31$2,397
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$225,513
Value of total assets at end of year2015-12-31$214,838
Value of total assets at beginning of year2015-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$2,231
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$5,202
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$5,202
Administrative expenses professional fees incurred2015-12-31$1,816
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$50,000
If this is an individual account plan, was there a blackout period2015-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$135,273
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$25,705
Total non interest bearing cash at end of year2015-12-31$624
Total non interest bearing cash at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$212,441
Value of net assets at end of year (total assets less liabilities)2015-12-31$212,441
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$415
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$192,280
Value of interest in common/collective trusts at end of year2015-12-31$12,312
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-10,381
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$64,535
Employer contributions (assets) at end of year2015-12-31$9,622
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$3,265
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31Yes
Liabilities. Value of benefit claims payable at end of year2015-12-31$2,397
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31HERBEIN & COMPANY, INC.
Accountancy firm EIN2015-12-31232415973
2009 : FADDIS CONCRETE PRODUCTS 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-10-30$0

Form 5500 Responses for FADDIS CONCRETE PRODUCTS 401(K) PLAN

2020: FADDIS CONCRETE PRODUCTS 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 – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: FADDIS CONCRETE PRODUCTS 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 – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: FADDIS CONCRETE PRODUCTS 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
2017: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: FADDIS CONCRETE PRODUCTS 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01First time form 5500 has been submittedYes
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2009: FADDIS CONCRETE PRODUCTS 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 filingYes
2009-01-01This return/report is a short plan year return/report (less than 12 months)Yes
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
2009-01-01Plan benefit arrangement - TrustYes

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