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ELEVATOR WORKS 401K PLAN 401k Plan overview

Plan NameELEVATOR WORKS 401K PLAN
Plan identification number 001

ELEVATOR WORKS 401K 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name:ELEVATOR WORKS INC
Employer identification number (EIN):411957092
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELEVATOR WORKS 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOSHUA PFARR2024-01-16 JOSHUA PFARR2024-01-16
0012022-01-01GLEN PFARR2023-03-16 GLEN PFARR2023-03-16
0012021-01-01CHRISTINE PFARR2022-03-22 CHRISTINE PFARR2022-03-22
0012020-01-01GLEN PFARR2021-04-09 GLEN PFARR2021-04-09
0012020-01-01GLEN PFARR2021-07-23 GLEN PFARR2021-07-23
0012018-01-01CHRISTINE PFARR2019-05-17 CHRISTINE PFARR2019-05-17
0012017-01-01
0012016-01-01
0012015-01-01
0012015-01-01
0012014-01-01CHRIS PFARR2015-07-30

Plan Statistics for ELEVATOR WORKS 401K PLAN

401k plan membership statisitcs for ELEVATOR WORKS 401K PLAN

Measure Date Value
2025: ELEVATOR WORKS 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-02-0721
Total number of particpants at end of year2025-02-0719
Number of Participants With Account Balances2025-02-0719
2024: ELEVATOR WORKS 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-01-1620
Total number of particpants at end of year2024-01-1620
Number of Participants With Account Balances2024-01-1620
2022: ELEVATOR WORKS 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-03-2217
Total number of particpants at end of year2022-03-2217
Number of Participants With Account Balances2022-03-2217

Financial Data on ELEVATOR WORKS 401K PLAN

Measure Date Value
2025 : ELEVATOR WORKS 401K PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-02-070
Total expenses incurred by plan in this plan year2025-02-072914
Net assets as of the end of the plan year2025-02-072259397
Total assets as of the beginning of the plan year2025-02-071779002
Value of plan covered by a fidelity bond2025-02-07200000
Participant contributions to plan in this plan year2025-02-0779179
Other income to plan in this plan year2025-02-07207547
Plan net income in this plan year2025-02-07480395
Net assets as of the end of the plan year2025-02-072259397
Net assets as of the beginning of the plan year2025-02-071779002
Employer contributions to plan in this plan year2025-02-07196583
Expensese paid to adminstrative service provicers from plan in this plan year2025-02-07200
2024 : ELEVATOR WORKS 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-01-1676248
Net assets as of the end of the plan year2024-01-161779002
Total assets as of the beginning of the plan year2024-01-161454213
Value of plan covered by a fidelity bond2024-01-16200000
Participant contributions to plan in this plan year2024-01-1667889
Other contributions to plan in this plan year2024-01-162581
Other income to plan in this plan year2024-01-16213383
Plan net income in this plan year2024-01-16324789
Net assets as of the end of the plan year2024-01-161779002
Net assets as of the beginning of the plan year2024-01-161454213
Employer contributions to plan in this plan year2024-01-16117184
Expensese paid to adminstrative service provicers from plan in this plan year2024-01-16100
2022 : ELEVATOR WORKS 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-03-2299062
Net assets as of the end of the plan year2022-03-221879947
Total assets as of the beginning of the plan year2022-03-221576940
Value of plan covered by a fidelity bond2022-03-22157694
Participant contributions to plan in this plan year2022-03-2277725
Other income to plan in this plan year2022-03-22202403
Plan net income in this plan year2022-03-22303007
Net assets as of the end of the plan year2022-03-221879947
Net assets as of the beginning of the plan year2022-03-221576940
Employer contributions to plan in this plan year2022-03-22121941
Expensese paid to adminstrative service provicers from plan in this plan year2022-03-22300

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