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THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameTHE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 001

THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Stock bonus
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • The employer maintaining this ESOP is an S Corporation
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

NEWPORT INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEWPORT INDUSTRIES, INC.
Employer identification number (EIN):271481214
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Additional information about NEWPORT INDUSTRIES, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1985-03-13
Company Identification Number: 0268054
Legal Registered Office Address: 2713 DECATUR ST
1707 WINDING RIDGE PL
RICHMOND
United States of America (USA)
23224

More information about NEWPORT INDUSTRIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JAMES SMITH2023-10-16
0012021-01-01JAMES SMITH2022-10-14
0012020-01-01JAMES SMITH2021-10-06
0012019-01-01JAMES SMITH2020-10-02
0012018-01-01JAMES SMITH2019-10-11
0012017-01-01
0012017-01-01
0012016-01-01JAMES SMITH JAMES SMITH2017-10-09
0012015-01-01JAMES SMITH JAMES SMITH2016-10-12
0012014-01-01ALLEN BONDI ALLEN BONDI2015-07-28
0012013-01-01ALLEN BONDI ALLEN BONDI2014-10-09
0012012-01-01ALLEN BONDI ALLEN BONDI2013-07-08
0012011-01-01ALLEN BONDI ALLEN BONDI2012-08-22
0012010-01-01ALLEN BONDI ALLEN BONDI2011-07-29

Plan Statistics for THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01150
Total number of active participants reported on line 7a of the Form 55002022-01-01121
Number of retired or separated participants receiving benefits2022-01-0117
Number of other retired or separated participants entitled to future benefits2022-01-019
Total of all active and inactive participants2022-01-01147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01147
Number of participants with account balances2022-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-017
2021: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01153
Total number of active participants reported on line 7a of the Form 55002021-01-01121
Number of retired or separated participants receiving benefits2021-01-0111
Number of other retired or separated participants entitled to future benefits2021-01-0114
Total of all active and inactive participants2021-01-01146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01146
Number of participants with account balances2021-01-01144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01145
Total number of active participants reported on line 7a of the Form 55002020-01-01117
Number of retired or separated participants receiving benefits2020-01-016
Number of other retired or separated participants entitled to future benefits2020-01-0126
Total of all active and inactive participants2020-01-01149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01149
Number of participants with account balances2020-01-01149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-011
2019: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01143
Total number of active participants reported on line 7a of the Form 55002019-01-01107
Number of retired or separated participants receiving benefits2019-01-019
Number of other retired or separated participants entitled to future benefits2019-01-0124
Total of all active and inactive participants2019-01-01140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-012
Total participants2019-01-01142
Number of participants with account balances2019-01-01142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-013
2018: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01131
Total number of active participants reported on line 7a of the Form 55002018-01-0195
Number of retired or separated participants receiving benefits2018-01-019
Number of other retired or separated participants entitled to future benefits2018-01-0129
Total of all active and inactive participants2018-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-012
Total participants2018-01-01135
Number of participants with account balances2018-01-01130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-019
2017: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01130
Total number of active participants reported on line 7a of the Form 55002017-01-0198
Number of retired or separated participants receiving benefits2017-01-016
Number of other retired or separated participants entitled to future benefits2017-01-0120
Total of all active and inactive participants2017-01-01124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-01126
Number of participants with account balances2017-01-01126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-014
2016: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01102
Total number of active participants reported on line 7a of the Form 55002016-01-0177
Number of retired or separated participants receiving benefits2016-01-014
Number of other retired or separated participants entitled to future benefits2016-01-0121
Total of all active and inactive participants2016-01-01102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-012
Total participants2016-01-01104
Number of participants with account balances2016-01-01104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0194
Total number of active participants reported on line 7a of the Form 55002015-01-0168
Number of retired or separated participants receiving benefits2015-01-018
Number of other retired or separated participants entitled to future benefits2015-01-0122
Total of all active and inactive participants2015-01-0198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-012
Total participants2015-01-01100
Number of participants with account balances2015-01-01100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-013
2014: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0192
Total number of active participants reported on line 7a of the Form 55002014-01-0165
Number of retired or separated participants receiving benefits2014-01-016
Number of other retired or separated participants entitled to future benefits2014-01-0122
Total of all active and inactive participants2014-01-0193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0193
Number of participants with account balances2014-01-0193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0191
Total number of active participants reported on line 7a of the Form 55002013-01-0161
Number of retired or separated participants receiving benefits2013-01-017
Number of other retired or separated participants entitled to future benefits2013-01-0120
Total of all active and inactive participants2013-01-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0188
Number of participants with account balances2013-01-0188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0192
Total number of active participants reported on line 7a of the Form 55002012-01-0166
Number of retired or separated participants receiving benefits2012-01-016
Number of other retired or separated participants entitled to future benefits2012-01-0119
Total of all active and inactive participants2012-01-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0191
Number of participants with account balances2012-01-0191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0193
Total number of active participants reported on line 7a of the Form 55002011-01-0166
Number of retired or separated participants receiving benefits2011-01-016
Number of other retired or separated participants entitled to future benefits2011-01-0119
Total of all active and inactive participants2011-01-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0191
Number of participants with account balances2011-01-0191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0192
Total number of active participants reported on line 7a of the Form 55002010-01-0166
Number of retired or separated participants receiving benefits2010-01-018
Number of other retired or separated participants entitled to future benefits2010-01-0118
Total of all active and inactive participants2010-01-0192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0192
Number of participants with account balances2010-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012

Financial Data on THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$2,305,386
Total unrealized appreciation/depreciation of assets2022-12-31$2,305,386
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$1,672
Total income from all sources (including contributions)2022-12-31$5,124,235
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$7,640,921
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$7,640,860
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,493,391
Value of total assets at end of year2022-12-31$51,269,268
Value of total assets at beginning of year2022-12-31$53,787,626
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$61
Total interest from all sources2022-12-31$5,432
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,328,242
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
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$28,396
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$753,403
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$18,881
Administrative expenses (other) incurred2022-12-31$61
Total non interest bearing cash at end of year2022-12-31$777,665
Total non interest bearing cash at beginning of year2022-12-31$51,341
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,516,686
Value of net assets at end of year (total assets less liabilities)2022-12-31$51,269,268
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$53,785,954
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 registered invesment companies (eg mutual funds) at end of year2022-12-31$164,126
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$1,514,871
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$2,684,769
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$2,684,769
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$5,432
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-8,216
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
Assets. Invements in employer securities at end of year2022-12-31$46,594,208
Assets. Invements in employer securities at beginning of year2022-12-31$49,420,255
Contributions received in cash from employer2022-12-31$1,464,995
Employer contributions (assets) at end of year2022-12-31$1,464,995
Employer contributions (assets) at beginning of year2022-12-31$1,612,380
Income. Dividends from common stock2022-12-31$1,328,242
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$7,640,860
Liabilities. Value of benefit claims payable at end of year2022-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$1,672
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 name2022-12-31CLIFTONLARSONALLEN, LLP
Accountancy firm EIN2022-12-31410746749
2021 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$12,834,161
Total unrealized appreciation/depreciation of assets2021-12-31$12,834,161
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$1,672
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Expenses. Interest paid2021-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022021-12-31$0
Total income from all sources (including contributions)2021-12-31$15,230,784
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$5,112,920
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$5,112,920
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,612,380
Value of total assets at end of year2021-12-31$53,787,626
Value of total assets at beginning of year2021-12-31$43,668,090
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$0
Total interest from all sources2021-12-31$693
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$783,550
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 bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
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$0
Funding deficiency by the employer to the plan for this plan year2021-12-31$-1,576,032
Minimum employer required contribution for this plan year2021-12-31$36,268
Amount contributed by the employer to the plan for this plan year2021-12-31$1,612,300
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$18,881
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$150,359
Total non interest bearing cash at end of year2021-12-31$51,341
Total non interest bearing cash at beginning of year2021-12-31$478,586
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$10,117,864
Value of net assets at end of year (total assets less liabilities)2021-12-31$53,785,954
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$43,668,090
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 bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$2,684,769
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$688,209
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$688,209
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$693
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$0
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
Assets. Invements in employer securities at end of year2021-12-31$49,420,255
Assets. Invements in employer securities at beginning of year2021-12-31$40,950,936
Contributions received in cash from employer2021-12-31$1,612,380
Employer contributions (assets) at end of year2021-12-31$1,612,380
Employer contributions (assets) at beginning of year2021-12-31$1,400,000
Income. Dividends from common stock2021-12-31$783,550
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$5,112,920
Liabilities. Value of benefit claims payable at end of year2021-12-31$1,672
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$0
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 name2021-12-31CLIFTONLARSONALLEN, LLP
Accountancy firm EIN2021-12-31410746749
2020 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$7,956,667
Total unrealized appreciation/depreciation of assets2020-12-31$7,956,667
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$10,134,075
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$3,363,776
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,363,776
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,600,000
Value of total assets at end of year2020-12-31$43,668,090
Value of total assets at beginning of year2020-12-31$36,897,791
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$0
Total interest from all sources2020-12-31$6,811
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$570,597
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$1,000,000
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$0
Funding deficiency by the employer to the plan for this plan year2020-12-31$-1,515,315
Minimum employer required contribution for this plan year2020-12-31$84,685
Amount contributed by the employer to the plan for this plan year2020-12-31$1,600,000
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$150,359
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$808,346
Total non interest bearing cash at end of year2020-12-31$478,586
Total non interest bearing cash at beginning of year2020-12-31$1,821,644
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$6,770,299
Value of net assets at end of year (total assets less liabilities)2020-12-31$43,668,090
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$36,897,791
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 bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$688,209
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$173,530
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$173,530
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$6,811
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
Assets. Invements in employer securities at end of year2020-12-31$40,950,936
Assets. Invements in employer securities at beginning of year2020-12-31$32,994,271
Contributions received in cash from employer2020-12-31$1,600,000
Employer contributions (assets) at end of year2020-12-31$1,400,000
Employer contributions (assets) at beginning of year2020-12-31$1,100,000
Income. Dividends from common stock2020-12-31$570,597
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$3,363,776
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 plan2020-12-31Unqualified
Accountancy firm name2020-12-31CLIFTONLARSONALLEN, LLP
Accountancy firm EIN2020-12-31410746749
2019 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$3,846,247
Total unrealized appreciation/depreciation of assets2019-12-31$3,846,247
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
Expenses. Interest paid2019-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$0
Total income from all sources (including contributions)2019-12-31$8,565,435
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$3,099,052
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,099,037
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,100,024
Value of total assets at end of year2019-12-31$36,897,791
Value of total assets at beginning of year2019-12-31$31,431,408
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$15
Total interest from all sources2019-12-31$13,574
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$3,587,367
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Funding deficiency by the employer to the plan for this plan year2019-12-31$-1,027,042
Minimum employer required contribution for this plan year2019-12-31$72,982
Amount contributed by the employer to the plan for this plan year2019-12-31$1,100,024
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$808,346
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Administrative expenses (other) incurred2019-12-31$15
Total non interest bearing cash at end of year2019-12-31$1,821,644
Total non interest bearing cash at beginning of year2019-12-31$89,330
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
Value of net income/loss2019-12-31$5,466,383
Value of net assets at end of year (total assets less liabilities)2019-12-31$36,897,791
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$31,431,408
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 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$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$500,839
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$173,530
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$1,693,239
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$1,693,239
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$13,574
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$18,223
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$32,994,271
Assets. Invements in employer securities at beginning of year2019-12-31$29,076,300
Contributions received in cash from employer2019-12-31$1,100,024
Employer contributions (assets) at end of year2019-12-31$1,100,000
Employer contributions (assets) at beginning of year2019-12-31$71,700
Income. Dividends from common stock2019-12-31$3,587,367
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,099,037
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31CLIFTONLARSONALLEN, LLP
Accountancy firm EIN2019-12-31410746749
2018 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-2,576,517
Total unrealized appreciation/depreciation of assets2018-12-31$-2,576,517
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$21,396
Total income from all sources (including contributions)2018-12-31$-1,205,576
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$4,035,257
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$4,035,227
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,056,728
Value of total assets at end of year2018-12-31$31,431,408
Value of total assets at beginning of year2018-12-31$36,693,637
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$30
Total interest from all sources2018-12-31$12,917
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$313,628
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
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$0
Funding deficiency by the employer to the plan for this plan year2018-12-31$-985,027
Minimum employer required contribution for this plan year2018-12-31$71,700
Amount contributed by the employer to the plan for this plan year2018-12-31$1,056,727
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$1,943,468
Administrative expenses (other) incurred2018-12-31$30
Total non interest bearing cash at end of year2018-12-31$89,330
Total non interest bearing cash at beginning of year2018-12-31$38,534
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-5,240,833
Value of net assets at end of year (total assets less liabilities)2018-12-31$31,431,408
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$36,672,241
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$500,839
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,893,170
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$1,693,239
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$165,352
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$165,352
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$12,917
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-12,332
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
Assets. Invements in employer securities at end of year2018-12-31$29,076,300
Assets. Invements in employer securities at beginning of year2018-12-31$30,879,548
Contributions received in cash from employer2018-12-31$1,056,728
Employer contributions (assets) at end of year2018-12-31$71,700
Employer contributions (assets) at beginning of year2018-12-31$773,565
Income. Dividends from common stock2018-12-31$313,628
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$4,035,227
Liabilities. Value of benefit claims payable at end of year2018-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$21,396
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)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31CLIFTONLARSONALLEN, LLP
Accountancy firm EIN2018-12-31410746749
2017 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$2,509,028
Total unrealized appreciation/depreciation of assets2017-12-31$2,509,028
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$21,396
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$7,299,438
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$2,659,782
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,659,742
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$773,565
Value of total assets at end of year2017-12-31$36,693,637
Value of total assets at beginning of year2017-12-31$32,032,585
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$40
Total interest from all sources2017-12-31$1,748
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$3,992,256
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Funding deficiency by the employer to the plan for this plan year2017-12-31$-637,433
Minimum employer required contribution for this plan year2017-12-31$136,793
Amount contributed by the employer to the plan for this plan year2017-12-31$774,226
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$1,943,468
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$1,371,897
Administrative expenses (other) incurred2017-12-31$40
Total non interest bearing cash at end of year2017-12-31$38,534
Total non interest bearing cash at beginning of year2017-12-31$2,104,523
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$4,639,656
Value of net assets at end of year (total assets less liabilities)2017-12-31$36,672,241
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$32,032,585
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$2,893,170
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$165,352
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$185,644
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$185,644
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$1,748
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$22,841
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
Assets. Invements in employer securities at end of year2017-12-31$30,879,548
Assets. Invements in employer securities at beginning of year2017-12-31$27,780,095
Contributions received in cash from employer2017-12-31$773,565
Employer contributions (assets) at end of year2017-12-31$773,565
Employer contributions (assets) at beginning of year2017-12-31$590,426
Income. Dividends from common stock2017-12-31$3,992,256
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,659,742
Liabilities. Value of benefit claims payable at end of year2017-12-31$21,396
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$0
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)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31CLIFTONLARSONALLEN, LLP
Accountancy firm EIN2017-12-31410746749
2016 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$8,049,185
Expenses. Total of all expenses incurred2016-12-31$2,264,947
Benefits paid (including direct rollovers)2016-12-31$2,264,947
Total plan assets at end of year2016-12-31$32,032,585
Total plan assets at beginning of year2016-12-31$26,248,347
Value of fidelity bond covering the plan2016-12-31$1,000,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$7,458,759
Noncash contributions received2016-12-31$590,426
Net income (gross income less expenses)2016-12-31$5,784,238
Net plan assets at end of year (total assets less liabilities)2016-12-31$32,032,585
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$26,248,347
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2016-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2016-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-12-31$0
Assets. Value of employer securities2016-12-31$27,780,095
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Funding deficiency by the employer to the plan for this plan year2016-12-31$-547,203
Minimum employer required contribution for this plan year2016-12-31$43,223
Amount contributed by the employer to the plan for this plan year2016-12-31$590,426
2015 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$6,665,634
Expenses. Total of all expenses incurred2015-12-31$2,159,414
Benefits paid (including direct rollovers)2015-12-31$2,159,414
Total plan assets at end of year2015-12-31$26,248,347
Total plan assets at beginning of year2015-12-31$21,742,127
Value of fidelity bond covering the plan2015-12-31$1,000,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$5,783,489
Noncash contributions received2015-12-31$443,145
Net income (gross income less expenses)2015-12-31$4,506,220
Net plan assets at end of year (total assets less liabilities)2015-12-31$26,248,347
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$21,742,127
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2015-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2015-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-12-31$0
Assets. Value of employer securities2015-12-31$23,546,009
Total contributions received or receivable from employer(s)2015-12-31$439,000
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Funding deficiency by the employer to the plan for this plan year2015-12-31$-414,653
Minimum employer required contribution for this plan year2015-12-31$28,492
Amount contributed by the employer to the plan for this plan year2015-12-31$443,145
2014 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$4,843,049
Expenses. Total of all expenses incurred2014-12-31$2,157,763
Benefits paid (including direct rollovers)2014-12-31$2,157,763
Total plan assets at end of year2014-12-31$21,742,127
Total plan assets at beginning of year2014-12-31$19,056,841
Value of fidelity bond covering the plan2014-12-31$1,000,000
Total contributions received or receivable from participants2014-12-31$0
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$4,486,399
Noncash contributions received2014-12-31$356,650
Net income (gross income less expenses)2014-12-31$2,685,286
Net plan assets at end of year (total assets less liabilities)2014-12-31$21,742,127
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$19,056,841
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2014-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2014-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$0
Assets. Value of employer securities2014-12-31$19,784,700
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$826,781
Funding deficiency by the employer to the plan for this plan year2014-12-31$-342,858
Minimum employer required contribution for this plan year2014-12-31$13,792
Amount contributed by the employer to the plan for this plan year2014-12-31$356,650
2013 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$5,957,184
Expenses. Total of all expenses incurred2013-12-31$2,224,756
Benefits paid (including direct rollovers)2013-12-31$2,224,756
Total plan assets at end of year2013-12-31$19,056,841
Total plan assets at beginning of year2013-12-31$15,324,413
Value of fidelity bond covering the plan2013-12-31$1,000,000
Total contributions received or receivable from participants2013-12-31$0
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$5,437,174
Noncash contributions received2013-12-31$520,010
Net income (gross income less expenses)2013-12-31$3,732,428
Net plan assets at end of year (total assets less liabilities)2013-12-31$19,056,841
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$15,324,413
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2013-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2013-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022013-12-31$0
Assets. Value of employer securities2013-12-31$17,247,057
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$14,350
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$5,800
Amount contributed by the employer to the plan for this plan year2013-12-31$5,800
2012 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$4,230,685
Expenses. Total of all expenses incurred2012-12-31$1,840,384
Benefits paid (including direct rollovers)2012-12-31$1,840,384
Total plan assets at end of year2012-12-31$15,324,413
Total plan assets at beginning of year2012-12-31$12,934,112
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$0
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$3,886,859
Noncash contributions received2012-12-31$343,826
Net income (gross income less expenses)2012-12-31$2,390,301
Net plan assets at end of year (total assets less liabilities)2012-12-31$15,324,413
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$12,934,112
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2012-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2012-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022012-12-31$0
Assets. Value of employer securities2012-12-31$13,853,634
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$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$8,860
Amount contributed by the employer to the plan for this plan year2012-12-31$8,860
2011 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$3,135,147
Expenses. Total of all expenses incurred2011-12-31$1,681,360
Benefits paid (including direct rollovers)2011-12-31$1,681,360
Total plan assets at end of year2011-12-31$12,934,112
Total plan assets at beginning of year2011-12-31$11,480,325
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$0
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$2,769,362
Noncash contributions received2011-12-31$365,785
Net income (gross income less expenses)2011-12-31$1,453,787
Net plan assets at end of year (total assets less liabilities)2011-12-31$12,934,112
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$11,480,325
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2011-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2011-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022011-12-31$0
Assets. Value of employer securities2011-12-31$11,460,488
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$1,593,984
Funding deficiency by the employer to the plan for this plan year2011-12-31$-352,838
Minimum employer required contribution for this plan year2011-12-31$10,086
Amount contributed by the employer to the plan for this plan year2011-12-31$362,924
2010 : THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$-2,692,882
Expenses. Total of all expenses incurred2010-12-31$1,461,227
Benefits paid (including direct rollovers)2010-12-31$1,461,227
Total plan assets at end of year2010-12-31$11,480,325
Total plan assets at beginning of year2010-12-31$15,634,434
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$-2,712,832
Noncash contributions received2010-12-31$19,950
Net income (gross income less expenses)2010-12-31$-4,154,109
Net plan assets at end of year (total assets less liabilities)2010-12-31$11,480,325
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$15,634,434
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2010-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2010-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022010-12-31$0
Assets. Value of employer securities2010-12-31$11,397,309
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$1,339,494
Funding deficiency by the employer to the plan for this plan year2010-12-31$-10,314
Minimum employer required contribution for this plan year2010-12-31$9,636
Amount contributed by the employer to the plan for this plan year2010-12-31$19,950

Form 5500 Responses for THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN

2022: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP 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 – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP 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 – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP 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: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP 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: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP 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: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP 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: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
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: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
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
2014: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
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 – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE KELSO-BURNETT CO EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes

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