401k Plan data: BROWNING CONTRACTORS 401(K) PLAN plan

BROWNING CONTRACTORS 401(K) PLAN 401k Plan overview

Plan Name	BROWNING CONTRACTORS 401(K) PLAN
Plan identification number	001

BROWNING CONTRACTORS 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
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

BROWNING CONTRACTORS, INC. has sponsored the creation of one or more 401k plans.

Company Name: BROWNING CONTRACTORS, INC.

Employer identification number (EIN): 770518158

NAIC Classification: 237210
NAIC Description: Land Subdivision

Additional information about BROWNING CONTRACTORS, INC.

Jurisdiction of Incorporation: Alabama Secretary of State

Incorporation Date: 1991-08-14

Company Identification Number: 144-857

Legal Registered Office Address: 921-B AIRPORT DR ALEXANDER CITY,

United States of America (USA)
35010

More information about BROWNING CONTRACTORS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BROWNING CONTRACTORS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 CYNTHIA CANTU 2023-10-10 CYNTHIA CANTU 2023-10-10
001 2021-01-01 BROWNING CONTRACTORS 2022-10-03 BROWNING CONTRACTORS 2022-10-03
001 2020-01-01 CYNTHIA CANTU 2021-10-11 CYNTHIA CANTU 2021-10-11
001 2019-01-01 CYNTHIA CANTU 2020-10-13 CYNTHIA CANTU 2020-10-13
001 2018-01-01 CYNTHIA CANTU 2019-10-08 CYNTHIA CANTU 2019-10-08
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01
001 2013-01-01
001 2012-01-01 CYNTHIA CANTU 2013-06-11 CYNTHIA CANTU 2013-06-11
001 2011-01-01 CYNTHIA CANTU 2012-08-27 CYNTHIA CANTU 2012-08-27
001 2010-12-01 CYNTHIA CANTU 2011-08-22 CYNTHIA CANTU 2011-08-22
001 2008-12-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	CYNTHIA CANTU	2023-10-10	CYNTHIA CANTU	2023-10-10
001	2021-01-01	BROWNING CONTRACTORS	2022-10-03	BROWNING CONTRACTORS	2022-10-03
001	2020-01-01	CYNTHIA CANTU	2021-10-11	CYNTHIA CANTU	2021-10-11
001	2019-01-01	CYNTHIA CANTU	2020-10-13	CYNTHIA CANTU	2020-10-13
001	2018-01-01	CYNTHIA CANTU	2019-10-08	CYNTHIA CANTU	2019-10-08
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01
001	2013-01-01
001	2012-01-01	CYNTHIA CANTU	2013-06-11	CYNTHIA CANTU	2013-06-11
001	2011-01-01	CYNTHIA CANTU	2012-08-27	CYNTHIA CANTU	2012-08-27
001	2010-12-01	CYNTHIA CANTU	2011-08-22	CYNTHIA CANTU	2011-08-22
001	2008-12-01

Plan Statistics for BROWNING CONTRACTORS 401(K) PLAN

401k plan membership statisitcs for BROWNING CONTRACTORS 401(K) PLAN

Measure Date Value
2022: BROWNING CONTRACTORS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 210
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 185
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 17
Total of all active and inactive participants 2022-01-01 202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 202
Number of participants with account balances 2022-01-01 98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 8
2021: BROWNING CONTRACTORS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 179
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 196
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 9
Total of all active and inactive participants 2021-01-01 205
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 206
Number of participants with account balances 2021-01-01 88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 5
2020: BROWNING CONTRACTORS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 162
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 171
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 5
Total of all active and inactive participants 2020-01-01 176
Total participants 2020-01-01 176
Number of participants with account balances 2020-01-01 79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 4
2019: BROWNING CONTRACTORS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 145
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 149
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 4
Total of all active and inactive participants 2019-01-01 153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 153
Number of participants with account balances 2019-01-01 68
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 3
2018: BROWNING CONTRACTORS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 144
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 144
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 4
Total of all active and inactive participants 2018-01-01 148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 148
Number of participants with account balances 2018-01-01 62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 7
2017: BROWNING CONTRACTORS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 121
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 133
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 4
Total of all active and inactive participants 2017-01-01 137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 137
Number of participants with account balances 2017-01-01 56
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 3

Measure	Date	Value
2022: BROWNING CONTRACTORS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	210
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	185
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	17
Total of all active and inactive participants	2022-01-01	202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	202
Number of participants with account balances	2022-01-01	98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	8
2021: BROWNING CONTRACTORS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	179
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	196
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	9
Total of all active and inactive participants	2021-01-01	205
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	206
Number of participants with account balances	2021-01-01	88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	5
2020: BROWNING CONTRACTORS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	162
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	171
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	5
Total of all active and inactive participants	2020-01-01	176
Total participants	2020-01-01	176
Number of participants with account balances	2020-01-01	79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	4
2019: BROWNING CONTRACTORS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	145
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	149
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	4
Total of all active and inactive participants	2019-01-01	153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	153
Number of participants with account balances	2019-01-01	68
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	3
2018: BROWNING CONTRACTORS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	144
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	144
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	4
Total of all active and inactive participants	2018-01-01	148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	148
Number of participants with account balances	2018-01-01	62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	7
2017: BROWNING CONTRACTORS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	121
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	133
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	4
Total of all active and inactive participants	2017-01-01	137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	137
Number of participants with account balances	2017-01-01	56
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	3

Financial Data on BROWNING CONTRACTORS 401(K) PLAN

Measure	Date	Value
2022 : BROWNING CONTRACTORS 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-91,757
Total of all expenses incurred	2022-12-31	$824,522
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$793,665
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$576,962
Value of total assets at end of year	2022-12-31	$3,333,547
Value of total assets at beginning of year	2022-12-31	$4,249,826
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$30,857
Total interest from all sources	2022-12-31	$9,179
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$425,000
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	$375,813
Participant contributions at end of year	2022-12-31	$115,082
Participant contributions at beginning of year	2022-12-31	$197,542
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	$-916,279
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$3,333,547
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$4,249,826
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
Investment advisory and management fees	2022-12-31	$30,857
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$3,031,860
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$3,879,465
Interest on participant loans	2022-12-31	$9,179
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$6,211
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$6,965
Net investment gain/loss from pooled separate accounts	2022-12-31	$-677,898
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	Yes
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	$201,149
Employer contributions (assets) at end of year	2022-12-31	$180,394
Employer contributions (assets) at beginning of year	2022-12-31	$165,854
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$793,665
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	FINCH ROWLAND SHOOPMAN
Accountancy firm EIN	2022-12-31	770183229
2021 : BROWNING CONTRACTORS 401(K) PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$960,401
Total of all expenses incurred	2021-12-31	$46,312
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$13,932
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$510,519
Value of total assets at end of year	2021-12-31	$4,249,826
Value of total assets at beginning of year	2021-12-31	$3,335,737
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$32,380
Total interest from all sources	2021-12-31	$8,667
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	$425,000
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	$323,170
Participant contributions at end of year	2021-12-31	$197,542
Participant contributions at beginning of year	2021-12-31	$130,464
Participant contributions at beginning of year	2021-12-31	$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	2021-12-31	No
Value of net income/loss	2021-12-31	$914,089
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$4,249,826
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$3,335,737
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	$32,380
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$3,879,465
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,064,056
Interest on participant loans	2021-12-31	$8,667
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$6,965
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$3,196
Net investment gain/loss from pooled separate accounts	2021-12-31	$441,215
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	$187,349
Employer contributions (assets) at end of year	2021-12-31	$165,854
Employer contributions (assets) at beginning of year	2021-12-31	$138,021
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$13,932
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	FINCH ROWLAND SHOOPMAN
Accountancy firm EIN	2021-12-31	770183229
2020 : BROWNING CONTRACTORS 401(K) PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$1,050,910
Total of all expenses incurred	2020-12-31	$40,407
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$19,130
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$605,037
Value of total assets at end of year	2020-12-31	$3,335,737
Value of total assets at beginning of year	2020-12-31	$2,325,234
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$21,277
Total interest from all sources	2020-12-31	$9,226
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$335,000
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	$241,346
Participant contributions at end of year	2020-12-31	$130,464
Participant contributions at beginning of year	2020-12-31	$125,971
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$205,589
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	$1,010,503
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$3,335,737
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$2,325,234
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
Investment advisory and management fees	2020-12-31	$21,277
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,064,056
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$2,082,562
Interest on participant loans	2020-12-31	$9,226
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$3,196
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$7,983
Net investment gain/loss from pooled separate accounts	2020-12-31	$436,647
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	$158,102
Employer contributions (assets) at end of year	2020-12-31	$138,021
Employer contributions (assets) at beginning of year	2020-12-31	$108,718
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$19,130
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	FINCH ROWLAND SHOOPMAN
Accountancy firm EIN	2020-12-31	770183229
2019 : BROWNING CONTRACTORS 401(K) PLAN 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$680,406
Total of all expenses incurred	2019-12-31	$224,270
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$205,579
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$339,045
Value of total assets at end of year	2019-12-31	$2,325,234
Value of total assets at beginning of year	2019-12-31	$1,869,098
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$18,691
Total interest from all sources	2019-12-31	$4,811
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$250,000
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	$208,598
Participant contributions at end of year	2019-12-31	$125,971
Participant contributions at beginning of year	2019-12-31	$11,082
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$27,181
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	$456,136
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$2,325,234
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,869,098
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
Investment advisory and management fees	2019-12-31	$18,691
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$2,082,562
Value of interest in pooled separate accounts at beginning of year	2019-12-31	$1,396,739
Interest on participant loans	2019-12-31	$4,811
Income. Interest from loans (other than to participants)	2019-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$7,983
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$321,930
Net investment gain/loss from pooled separate accounts	2019-12-31	$336,550
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	Yes
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	$130,447
Employer contributions (assets) at end of year	2019-12-31	$108,718
Employer contributions (assets) at beginning of year	2019-12-31	$112,166
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$205,579
Contract administrator fees	2019-12-31	$0
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	FINCH ROWLAND SHOOPMAN
Accountancy firm EIN	2019-12-31	770183229
2018 : BROWNING CONTRACTORS 401(K) PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$313,516
Total of all expenses incurred	2018-12-31	$89,022
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$81,012
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$367,249
Value of total assets at end of year	2018-12-31	$1,869,098
Value of total assets at beginning of year	2018-12-31	$1,644,604
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$8,010
Total interest from all sources	2018-12-31	$2,944
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$190,000
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	$227,000
Participant contributions at end of year	2018-12-31	$11,082
Participant contributions at beginning of year	2018-12-31	$8,298
Participant contributions at end of year	2018-12-31	$27,181
Participant contributions at beginning of year	2018-12-31	$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2018-12-31	$160
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$1,555
Other income not declared elsewhere	2018-12-31	$-573
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	$224,494
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$1,869,098
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$1,644,604
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 pooled separate accounts at end of year	2018-12-31	$1,396,739
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$1,328,119
Interest on participant loans	2018-12-31	$449
Income. Interest from loans (other than to participants)	2018-12-31	$0
Interest earned on other investments	2018-12-31	$2,495
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$321,930
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$203,328
Net investment gain/loss from pooled separate accounts	2018-12-31	$-56,104
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	Yes
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	$140,249
Employer contributions (assets) at end of year	2018-12-31	$112,166
Employer contributions (assets) at beginning of year	2018-12-31	$103,304
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$80,852
Contract administrator fees	2018-12-31	$8,010
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	FINCH ROWLAND SHOOPMAN
Accountancy firm EIN	2018-12-31	770183229
2017 : BROWNING CONTRACTORS 401(K) PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$452,487
Total of all expenses incurred	2017-12-31	$106,398
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$99,989
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$326,514
Value of total assets at end of year	2017-12-31	$1,644,604
Value of total assets at beginning of year	2017-12-31	$1,298,515
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$6,409
Total interest from all sources	2017-12-31	$1,235
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$165,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$174,055
Participant contributions at end of year	2017-12-31	$8,298
Participant contributions at beginning of year	2017-12-31	$16,526
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$6,203
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$19,998
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$1,555
Other income not declared elsewhere	2017-12-31	$-4,219
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$346,089
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$1,644,604
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$1,298,515
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in pooled separate accounts at end of year	2017-12-31	$1,328,119
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$1,112,478
Interest on participant loans	2017-12-31	$445
Interest earned on other investments	2017-12-31	$790
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$203,328
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$105,937
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$0
Net investment gain/loss from pooled separate accounts	2017-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$132,461
Employer contributions (assets) at end of year	2017-12-31	$103,304
Employer contributions (assets) at beginning of year	2017-12-31	$57,371
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$99,989
Contract administrator fees	2017-12-31	$6,409
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	FINCH ROWLAND SHOOPMAN
Accountancy firm EIN	2017-12-31	770183229

Form 5500 Responses for BROWNING CONTRACTORS 401(K) PLAN

2022: BROWNING CONTRACTORS 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: BROWNING CONTRACTORS 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: BROWNING CONTRACTORS 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: BROWNING CONTRACTORS 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: BROWNING CONTRACTORS 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: BROWNING CONTRACTORS 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2008: BROWNING CONTRACTORS 401(K) PLAN 2008 form 5500 responses
2008-12-01	Type of plan entity	Single employer plan
2008-12-01	Submission has been amended	No
2008-12-01	This submission is the final filing	No
2008-12-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-12-01	Plan is a collectively bargained plan	No

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

139915

Policy instance

Insurance contract or identification number	139915
Number of Individuals Covered	97
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $1,767
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Amount paid for insurance broker fees	1767
Insurance broker organization code?	5

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

139915

Policy instance

Insurance contract or identification number	139915
Number of Individuals Covered	90
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $1,823
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Amount paid for insurance broker fees	1823
Insurance broker organization code?	5

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

139915

Policy instance

Insurance contract or identification number	139915
Number of Individuals Covered	81
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $3,625
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Amount paid for insurance broker fees	3625
Insurance broker organization code?	5

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

5-22122

Policy instance

Insurance contract or identification number	5-22122
Number of Individuals Covered	0
Insurance policy start date	2019-01-01
Insurance policy end date	2019-07-08
Total amount of commissions paid to insurance broker	USD $6,895
Total amount of fees paid to insurance company	USD $453
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $6,895
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

139915

Policy instance

Insurance contract or identification number	139915
Number of Individuals Covered	70
Insurance policy start date	2019-07-09
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $6,526
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	6526
Insurance broker organization code?	5

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

5-22122

Policy instance

Insurance contract or identification number	5-22122
Number of Individuals Covered	75
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $8,319
Total amount of fees paid to insurance company	USD $832
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $8,319
Insurance broker organization code?	3
Amount paid for insurance broker fees	832

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

5-22122

Policy instance

Insurance contract or identification number	5-22122
Number of Individuals Covered	68
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $6,557
Total amount of fees paid to insurance company	USD $656
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $6,557
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker name	RETIREMENT PLAN CONSULTANTS

Potentially related plans

BROWNING CONTRACTORS, INC. 401(K) PLAN [EIN = 621494820]

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Company Name:	BROWNING CONTRACTORS, INC.
Employer identification number (EIN):	770518158
NAIC Classification:	237210
NAIC Description:	Land Subdivision

Jurisdiction of Incorporation:	Alabama Secretary of State
Incorporation Date:	1991-08-14
Company Identification Number:	144-857
Legal Registered Office Address:	921-B AIRPORT DR ALEXANDER CITY, United States of America (USA) 35010