BURFORD'S CONSTRUCTION, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BURFORD'S CONSTRUCTION, LLC 401(K) PLAN
Measure | Date | Value |
---|
2021: BURFORD'S CONSTRUCTION, LLC 401(K) PLAN 2021 401k membership |
---|
Total participants, beginning-of-year | 2021-01-01 | 143 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 126 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 11 |
Total of all active and inactive participants | 2021-01-01 | 137 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 137 |
Number of participants with account balances | 2021-01-01 | 57 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2019: BURFORD'S CONSTRUCTION, LLC 401(K) PLAN 2019 401k membership |
---|
Total participants, beginning-of-year | 2019-01-01 | 22 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 23 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 8 |
Total of all active and inactive participants | 2019-01-01 | 31 |
Total participants | 2019-01-01 | 31 |
Number of participants with account balances | 2019-01-01 | 29 |
Measure | Date | Value |
---|
2021 : BURFORD'S CONSTRUCTION, LLC 401(K) PLAN 2021 401k financial data |
---|
Total income from all sources (including contributions) | 2021-12-31 | $537,475 |
Total of all expenses incurred | 2021-12-31 | $66,842 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $58,153 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $415,064 |
Value of total assets at end of year | 2021-12-31 | $1,046,896 |
Value of total assets at beginning of year | 2021-12-31 | $576,263 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $8,689 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $150,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $255,767 |
Participant contributions at end of year | 2021-12-31 | $230 |
Participant contributions at beginning of year | 2021-12-31 | $6,667 |
Total non interest bearing cash at end of year | 2021-12-31 | $3,312 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $2,843 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $470,633 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,046,896 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $576,263 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $8,689 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $1,043,021 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $562,114 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $122,411 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $159,297 |
Employer contributions (assets) at end of year | 2021-12-31 | $333 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $4,639 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $58,153 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Disclaimer |
Accountancy firm name | 2021-12-31 | PEARCE, BEVILL, LEESBURG, MOORE, P. |
Accountancy firm EIN | 2021-12-31 | 630813240 |
2019 : BURFORD'S CONSTRUCTION, LLC 401(K) PLAN 2019 401k financial data |
---|
Total income from all sources | 2019-12-31 | $237,039 |
Expenses. Total of all expenses incurred | 2019-12-31 | $100,066 |
Benefits paid (including direct rollovers) | 2019-12-31 | $97,041 |
Total plan assets at end of year | 2019-12-31 | $294,000 |
Total plan assets at beginning of year | 2019-12-31 | $157,027 |
Value of fidelity bond covering the plan | 2019-12-31 | $16,000 |
Total contributions received or receivable from participants | 2019-12-31 | $100,657 |
Contributions received from other sources (not participants or employers) | 2019-12-31 | $20,455 |
Other income received | 2019-12-31 | $36,655 |
Net income (gross income less expenses) | 2019-12-31 | $136,973 |
Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $294,000 |
Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $157,027 |
Total contributions received or receivable from employer(s) | 2019-12-31 | $79,272 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2019-12-31 | $3,025 |