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MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameMORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN
Plan identification number 001

MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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

MORVENT'S ONE HOUR HEATING & AIR CONDITIONING has sponsored the creation of one or more 401k plans.

Company Name:MORVENT'S ONE HOUR HEATING & AIR CONDITIONING
Employer identification number (EIN):233077903
NAIC Classification:238220
NAIC Description:Plumbing, Heating, and Air-Conditioning Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01MARCO GIANCROCE2023-10-16 MARCO GIANCROCE2023-10-16
0012021-01-01MARCO GIANCROCE2022-10-14 MARCO GIANCROCE2022-10-14
0012020-01-01
0012019-01-01
0012018-01-01MARCO GIANCROCE2019-10-01 MARCO GIANCROCE2019-10-01
0012017-01-01MARCO GIANCROCE2018-07-16
0012016-01-01MARCO GIANCROCE2017-10-11
0012015-01-01MARCO GIANCROCE2016-09-30 MARCO GIANCROCE2016-09-30
0012014-01-01MARCO GIANCROCE2015-07-01
0012013-01-01MARCO GIANCROCE2014-06-13
0012012-01-01MARCO GIANCROCE2013-03-26
0012011-01-01MARCO GIANCROCE2012-02-22
0012010-01-01MARCO GIANCROCE2011-02-25

Financial Data on MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-150
Total liabilities as of the end of the plan year2025-05-150
Total liabilities as of the beginning of the plan year2025-05-150
Total expenses incurred by plan in this plan year2025-05-153894062
Net assets as of the end of the plan year2025-05-150
Total assets as of the beginning of the plan year2025-05-153143673
Value of plan covered by a fidelity bond2025-05-1575000
Participant contributions to plan in this plan year2025-05-15240961
Other expenses paid from plan in this plan year2025-05-150
Other contributions to plan in this plan year2025-05-1585151
Other income to plan in this plan year2025-05-15308125
Plan net income in this plan year2025-05-15-3143673
Net assets as of the end of the plan year2025-05-150
Net assets as of the beginning of the plan year2025-05-153143673
Value of contributions failed to transmitted timely2025-05-15210142
Employer contributions to plan in this plan year2025-05-15116152
Fees paid to broker by Benefit Provider2025-05-151169
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-1529795
2022 : MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$12,439
Total income from all sources (including contributions)2022-12-31$219,506
Total of all expenses incurred2022-12-31$90,366
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$57,732
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$693,265
Value of total assets at end of year2022-12-31$3,143,673
Value of total assets at beginning of year2022-12-31$3,026,972
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$32,634
Total interest from all sources2022-12-31$6,715
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$975
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$75,000
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$419,968
Participant contributions at end of year2022-12-31$145,785
Participant contributions at beginning of year2022-12-31$172,453
Participant contributions at end of year2022-12-31$23,057
Participant contributions at beginning of year2022-12-31$8,466
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$66,363
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$6,492
Total non interest bearing cash at end of year2022-12-31$5,809
Total non interest bearing cash at beginning of year2022-12-31$8,172
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$129,140
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,143,673
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,014,533
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
Investment advisory and management fees2022-12-31$13,866
Value of interest in pooled separate accounts at end of year2022-12-31$2,957,318
Value of interest in pooled separate accounts at beginning of year2022-12-31$2,833,878
Interest on participant loans2022-12-31$6,715
Net investment gain/loss from pooled separate accounts2022-12-31$-480,474
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 contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$206,934
Employer contributions (assets) at end of year2022-12-31$11,704
Employer contributions (assets) at beginning of year2022-12-31$4,003
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$57,732
Contract administrator fees2022-12-31$17,793
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$5,947
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 plan2022-12-31Unqualified
Accountancy firm name2022-12-31BELFINT, LYONS & SHUMAN, P.A.
Accountancy firm EIN2022-12-31510232399
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$12,439
Total income from all sources (including contributions)2022-01-01$219,506
Total of all expenses incurred2022-01-01$90,366
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$57,732
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$693,265
Value of total assets at end of year2022-01-01$3,143,673
Value of total assets at beginning of year2022-01-01$3,026,972
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$32,634
Total interest from all sources2022-01-01$6,715
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Administrative expenses professional fees incurred2022-01-01$975
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$75,000
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$419,968
Participant contributions at end of year2022-01-01$145,785
Participant contributions at beginning of year2022-01-01$172,453
Participant contributions at end of year2022-01-01$23,057
Participant contributions at beginning of year2022-01-01$8,466
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$66,363
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-01-01$6,492
Total non interest bearing cash at end of year2022-01-01$5,809
Total non interest bearing cash at beginning of year2022-01-01$8,172
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$129,140
Value of net assets at end of year (total assets less liabilities)2022-01-01$3,143,673
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$3,014,533
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
Investment advisory and management fees2022-01-01$13,866
Value of interest in pooled separate accounts at end of year2022-01-01$2,957,318
Value of interest in pooled separate accounts at beginning of year2022-01-01$2,833,878
Interest on participant loans2022-01-01$6,715
Net investment gain/loss from pooled separate accounts2022-01-01$-480,474
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 contributions2022-01-01Yes
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$206,934
Employer contributions (assets) at end of year2022-01-01$11,704
Employer contributions (assets) at beginning of year2022-01-01$4,003
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$57,732
Contract administrator fees2022-01-01$17,793
Liabilities. Value of benefit claims payable at beginning of year2022-01-01$5,947
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 plan2022-01-011
Accountancy firm name2022-01-01BELFINT, LYONS & SHUMAN, P.A.
Accountancy firm EIN2022-01-01510232399
2021 : MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$12,439
Total income from all sources (including contributions)2021-12-31$2,091,176
Total of all expenses incurred2021-12-31$480,820
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$450,798
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,778,084
Value of total assets at end of year2021-12-31$3,026,972
Value of total assets at beginning of year2021-12-31$1,404,177
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$30,022
Total interest from all sources2021-12-31$6,638
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$1,275
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$65,000
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$395,416
Participant contributions at end of year2021-12-31$172,453
Participant contributions at beginning of year2021-12-31$147,388
Participant contributions at end of year2021-12-31$8,466
Participant contributions at beginning of year2021-12-31$13,719
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$1,185,670
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$6,492
Total non interest bearing cash at end of year2021-12-31$8,172
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,610,356
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,014,533
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,404,177
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
Investment advisory and management fees2021-12-31$11,908
Value of interest in pooled separate accounts at end of year2021-12-31$2,833,878
Value of interest in pooled separate accounts at beginning of year2021-12-31$1,236,178
Interest on participant loans2021-12-31$6,638
Net investment gain/loss from pooled separate accounts2021-12-31$306,454
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 contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$196,998
Employer contributions (assets) at end of year2021-12-31$4,003
Employer contributions (assets) at beginning of year2021-12-31$6,892
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$450,798
Contract administrator fees2021-12-31$16,839
Liabilities. Value of benefit claims payable at end of year2021-12-31$5,947
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 plan2021-12-31Unqualified
Accountancy firm name2021-12-31BELFINT, LYONS & SHUMAN, P.A.
Accountancy firm EIN2021-12-31510232399

Form 5500 Responses for MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN

2022: MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING 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: MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING 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

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number35587
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number35587
Policy instance 1

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