SUMMIT CONSTRUCTORS INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SUMMIT CONSTRUCTORS, INC. 401K RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2024 : SUMMIT CONSTRUCTORS, INC. 401K RETIREMENT PLAN 2024 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2024-10-01 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-10-01 | 0 |
| Total expenses incurred by plan in this plan year | 2024-10-01 | 1834069 |
| Net assets as of the end of the plan year | 2024-10-01 | 1241848 |
| Total assets as of the beginning of the plan year | 2024-10-01 | 2631611 |
| Value of plan covered by a fidelity bond | 2024-10-01 | 150000 |
| Participant contributions to plan in this plan year | 2024-10-01 | 140930 |
| Other income to plan in this plan year | 2024-10-01 | 278357 |
| Plan net income in this plan year | 2024-10-01 | -1389763 |
| Net assets as of the end of the plan year | 2024-10-01 | 1241848 |
| Net assets as of the beginning of the plan year | 2024-10-01 | 2631611 |
| Employer contributions to plan in this plan year | 2024-10-01 | 25019 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-10-01 | 13140 |
| 2022 : SUMMIT CONSTRUCTORS, INC. 401K RETIREMENT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $21,154 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $28,683 |
| Total income from all sources (including contributions) | 2022-12-31 | $-258,899 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $161,948 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $126,401 |
| Value of total corrective distributions | 2022-12-31 | $21,154 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $196,818 |
| Value of total assets at end of year | 2022-12-31 | $2,652,765 |
| Value of total assets at beginning of year | 2022-12-31 | $3,081,141 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $14,393 |
| Total interest from all sources | 2022-12-31 | $494 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $190,545 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $190,545 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $170,434 |
| Participant contributions at end of year | 2022-12-31 | $8,625 |
| Participant contributions at beginning of year | 2022-12-31 | $5,588 |
| Participant contributions at end of year | 2022-12-31 | $3,144 |
| Participant contributions at beginning of year | 2022-12-31 | $2,905 |
| Administrative expenses (other) incurred | 2022-12-31 | $14,393 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-420,847 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,631,611 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,052,458 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,637,871 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $3,069,593 |
| Interest on participant loans | 2022-12-31 | $273 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $2,550 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $2,538 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $2,538 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $221 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-646,756 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $26,384 |
| Employer contributions (assets) at end of year | 2022-12-31 | $575 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $517 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $126,401 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $21,154 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $28,683 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | FRAZIER & DEETER, LLC |
| Accountancy firm EIN | 2022-12-31 | 581433845 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $21,154 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $28,683 |
| Total income from all sources (including contributions) | 2022-01-01 | $-258,899 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $161,948 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $126,401 |
| Value of total corrective distributions | 2022-01-01 | $21,154 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $196,818 |
| Value of total assets at end of year | 2022-01-01 | $2,652,765 |
| Value of total assets at beginning of year | 2022-01-01 | $3,081,141 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $14,393 |
| Total interest from all sources | 2022-01-01 | $494 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $190,545 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $190,545 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $170,434 |
| Participant contributions at end of year | 2022-01-01 | $8,625 |
| Participant contributions at beginning of year | 2022-01-01 | $5,588 |
| Participant contributions at end of year | 2022-01-01 | $3,144 |
| Participant contributions at beginning of year | 2022-01-01 | $2,905 |
| Administrative expenses (other) incurred | 2022-01-01 | $14,393 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-420,847 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $2,631,611 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $3,052,458 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $2,637,871 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $3,069,593 |
| Interest on participant loans | 2022-01-01 | $273 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $2,550 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $221 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-646,756 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $26,384 |
| Employer contributions (assets) at end of year | 2022-01-01 | $575 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $517 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $126,401 |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-01 | $21,154 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-01 | $28,683 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | FRAZIER & DEETER, LLC |
| Accountancy firm EIN | 2022-01-01 | 581433845 |
| 2021 : SUMMIT CONSTRUCTORS, INC. 401K RETIREMENT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $28,683 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $31,689 |
| Total income from all sources (including contributions) | 2021-12-31 | $782,777 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $99,856 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $57,908 |
| Value of total corrective distributions | 2021-12-31 | $28,683 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $473,872 |
| Value of total assets at end of year | 2021-12-31 | $3,081,141 |
| Value of total assets at beginning of year | 2021-12-31 | $2,401,226 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $13,265 |
| Total interest from all sources | 2021-12-31 | $284 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $264,462 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $264,462 |
| 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 | $143,137 |
| Participant contributions at end of year | 2021-12-31 | $5,588 |
| Participant contributions at beginning of year | 2021-12-31 | $6,333 |
| Participant contributions at end of year | 2021-12-31 | $2,905 |
| Participant contributions at beginning of year | 2021-12-31 | $2,135 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $303,997 |
| Administrative expenses (other) incurred | 2021-12-31 | $13,265 |
| 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 | $682,921 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,052,458 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,369,537 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $3,069,593 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,391,130 |
| Interest on participant loans | 2021-12-31 | $284 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $2,538 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $1,262 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $1,262 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $44,159 |
| 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 | No |
| 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 | $26,738 |
| Employer contributions (assets) at end of year | 2021-12-31 | $517 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $366 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $57,908 |
| Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $28,683 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $31,689 |
| 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 | Unqualified |
| Accountancy firm name | 2021-12-31 | FRAZIER & DEETER, LLC |
| Accountancy firm EIN | 2021-12-31 | 581433845 |
| 2020 : SUMMIT CONSTRUCTORS, INC. 401K RETIREMENT PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $31,689 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $34,040 |
| Total income from all sources (including contributions) | 2020-12-31 | $394,965 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $54,164 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $12,440 |
| Value of total corrective distributions | 2020-12-31 | $31,689 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $115,202 |
| Value of total assets at end of year | 2020-12-31 | $2,401,226 |
| Value of total assets at beginning of year | 2020-12-31 | $2,062,776 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $10,035 |
| Total interest from all sources | 2020-12-31 | $329 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $123,401 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $123,401 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $97,231 |
| Participant contributions at end of year | 2020-12-31 | $6,333 |
| Participant contributions at beginning of year | 2020-12-31 | $8,038 |
| Participant contributions at end of year | 2020-12-31 | $2,135 |
| Participant contributions at beginning of year | 2020-12-31 | $1,695 |
| Administrative expenses (other) incurred | 2020-12-31 | $10,035 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $340,801 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,369,537 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,028,736 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $2,391,130 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,052,068 |
| Interest on participant loans | 2020-12-31 | $329 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $1,262 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $656 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $656 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $156,033 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $17,971 |
| Employer contributions (assets) at end of year | 2020-12-31 | $366 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $319 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $12,440 |
| Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $31,689 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $34,040 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | FRAZIER & DEETER, LLC |
| Accountancy firm EIN | 2020-12-31 | 581433845 |
| 2019 : SUMMIT CONSTRUCTORS, INC. 401K RETIREMENT PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $34,040 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $667 |
| Expenses. Interest paid | 2019-12-31 | $9,136 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2019-12-31 | $9,136 |
| Total income from all sources (including contributions) | 2019-12-31 | $439,938 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $48,372 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $5,196 |
| Value of total corrective distributions | 2019-12-31 | $34,040 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $106,016 |
| Value of total assets at end of year | 2019-12-31 | $2,062,776 |
| Value of total assets at beginning of year | 2019-12-31 | $1,637,837 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $484 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $109,099 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $109,099 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $85,881 |
| Participant contributions at end of year | 2019-12-31 | $8,038 |
| Participant contributions at beginning of year | 2019-12-31 | $9,734 |
| Participant contributions at end of year | 2019-12-31 | $1,695 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $391,566 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,028,736 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,637,170 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $2,052,068 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,619,502 |
| Interest on participant loans | 2019-12-31 | $449 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $656 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $8,601 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $8,601 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $35 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $224,339 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $20,135 |
| Employer contributions (assets) at end of year | 2019-12-31 | $319 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $5,196 |
| Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $34,040 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $667 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | FRAZIER & DEETER, LLC |
| Accountancy firm EIN | 2019-12-31 | 581433845 |
| 2018 : SUMMIT CONSTRUCTORS, INC. 401K RETIREMENT PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $667 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $-27,903 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $50,354 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $21,068 |
| Value of total corrective distributions | 2018-12-31 | $20,503 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $68,858 |
| Value of total assets at end of year | 2018-12-31 | $1,637,837 |
| Value of total assets at beginning of year | 2018-12-31 | $1,715,427 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $8,783 |
| Total interest from all sources | 2018-12-31 | $378 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $134,875 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $134,875 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $56,886 |
| Participant contributions at end of year | 2018-12-31 | $9,734 |
| Participant contributions at beginning of year | 2018-12-31 | $0 |
| Administrative expenses (other) incurred | 2018-12-31 | $8,783 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-78,257 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,637,170 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,715,427 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $1,619,502 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,711,356 |
| Interest on participant loans | 2018-12-31 | $262 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $8,601 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $4,071 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $4,071 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $116 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-232,014 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $11,972 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $21,068 |
| Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $667 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | FRAZIER & DEETER, LLC |
| Accountancy firm EIN | 2018-12-31 | 581433845 |
