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BARNARD ELEVATOR, INC. 401(K) PLAN 401k Plan overview

Plan NameBARNARD ELEVATOR, INC. 401(K) PLAN
Plan identification number 001

BARNARD ELEVATOR, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • 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

BARNARD ELEVATOR, INC. has sponsored the creation of one or more 401k plans.

Company Name:BARNARD ELEVATOR, INC.
Employer identification number (EIN):371345392
NAIC Classification:238290
NAIC Description:Other Building Equipment Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BARNARD ELEVATOR, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01MIKE BARNARD2015-07-27

Financial Data on BARNARD ELEVATOR, INC. 401(K) PLAN

Measure Date Value
2025 : BARNARD ELEVATOR, INC. 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-07-270
Total expenses incurred by plan in this plan year2025-07-270
Net assets as of the end of the plan year2025-07-271797186
Total assets as of the beginning of the plan year2025-07-271468292
Value of plan covered by a fidelity bond2025-07-27150000
Participant contributions to plan in this plan year2025-07-2725457
Other income to plan in this plan year2025-07-27169517
Plan net income in this plan year2025-07-27328894
Net assets as of the end of the plan year2025-07-271797186
Net assets as of the beginning of the plan year2025-07-271468292
Employer contributions to plan in this plan year2025-07-27133920
2024 : BARNARD ELEVATOR, INC. 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-07-300
Total liabilities as of the beginning of the plan year2024-07-300
Total expenses incurred by plan in this plan year2024-07-300
Net assets as of the end of the plan year2024-07-301468292
Total assets as of the beginning of the plan year2024-07-301148684
Value of plan covered by a fidelity bond2024-07-30150000
Participant contributions to plan in this plan year2024-07-3026306
Other income to plan in this plan year2024-07-30159852
Plan net income in this plan year2024-07-30319608
Net assets as of the end of the plan year2024-07-301468292
Net assets as of the beginning of the plan year2024-07-301148684
Employer contributions to plan in this plan year2024-07-30133450
2022 : BARNARD ELEVATOR, INC. 401(K) PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-06-240
Total liabilities as of the beginning of the plan year2022-06-240
Total expenses incurred by plan in this plan year2022-06-240
Net assets as of the end of the plan year2022-06-241152524
Total assets as of the beginning of the plan year2022-06-24882797
Value of plan covered by a fidelity bond2022-06-2420000
Participant contributions to plan in this plan year2022-06-2426882
Other contributions to plan in this plan year2022-06-240
Other income to plan in this plan year2022-06-24119030
Plan net income in this plan year2022-06-24269727
Net assets as of the end of the plan year2022-06-241152524
Net assets as of the beginning of the plan year2022-06-24882797
Employer contributions to plan in this plan year2022-06-24123815

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