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GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 401k Plan overview

Plan NameGROUNDWORKS OPERATIONS, LLC 401(K) PLAN
Plan identification number 001

GROUNDWORKS OPERATIONS, LLC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

GROUNDWORKS OPERATIONS, LLC has sponsored the creation of one or more 401k plans.

Company Name:GROUNDWORKS OPERATIONS, LLC
Employer identification number (EIN):812191541
NAIC Classification:238100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GROUNDWORKS OPERATIONS, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01GUY STELLO2021-10-14
0012019-01-01
0012019-01-01GUY STELLO2020-10-15
0012019-01-01
0012018-01-01GUY STELLO2019-10-14
0012017-01-01
0012017-01-01

Plan Statistics for GROUNDWORKS OPERATIONS, LLC 401(K) PLAN

401k plan membership statisitcs for GROUNDWORKS OPERATIONS, LLC 401(K) PLAN

Measure Date Value
2022: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-012,346
Total number of active participants reported on line 7a of the Form 55002022-01-012,351
Number of retired or separated participants receiving benefits2022-01-017
Number of other retired or separated participants entitled to future benefits2022-01-01148
Total of all active and inactive participants2022-01-012,506
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-012,506
Number of participants with account balances2022-01-011,153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0153
2021: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011,040
Total number of active participants reported on line 7a of the Form 55002021-01-011,808
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01340
Total of all active and inactive participants2021-01-012,148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-012,148
Number of participants with account balances2021-01-011,135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01943
Total number of active participants reported on line 7a of the Form 55002020-01-01969
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0171
Total of all active and inactive participants2020-01-011,040
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011,040
Number of participants with account balances2020-01-01440
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01436
Total number of active participants reported on line 7a of the Form 55002019-01-01803
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0155
Total of all active and inactive participants2019-01-01858
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01858
Number of participants with account balances2019-01-01327
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01323
Total number of active participants reported on line 7a of the Form 55002018-01-01390
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0136
Total of all active and inactive participants2018-01-01426
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01426
Number of participants with account balances2018-01-01197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0110
2017: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01254
Total number of active participants reported on line 7a of the Form 55002017-01-01290
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0131
Total of all active and inactive participants2017-01-01321
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01321
Number of participants with account balances2017-01-01145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-014

Financial Data on GROUNDWORKS OPERATIONS, LLC 401(K) PLAN

Measure Date Value
2022 : GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$1,011
Total income from all sources (including contributions)2022-12-31$4,949,967
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$3,216,373
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$3,038,446
Value of total corrective distributions2022-12-31$11,003
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$10,303,859
Value of total assets at end of year2022-12-31$31,128,739
Value of total assets at beginning of year2022-12-31$29,396,156
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$166,924
Total interest from all sources2022-12-31$34,974
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$660,043
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$660,043
Administrative expenses professional fees incurred2022-12-31$21,588
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$5,917,556
Participant contributions at end of year2022-12-31$1,084,725
Participant contributions at beginning of year2022-12-31$760,994
Participant contributions at end of year2022-12-31$209,952
Participant contributions at beginning of year2022-12-31$1,982
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,145,796
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$1,011
Other income not declared elsewhere2022-12-31$40,803
Total non interest bearing cash at end of year2022-12-31$10,298
Total non interest bearing cash at beginning of year2022-12-31$8,613
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$1,733,594
Value of net assets at end of year (total assets less liabilities)2022-12-31$31,128,739
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$29,395,145
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$29,701,088
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$28,624,567
Value of interest in pooled separate accounts at end of year2022-12-31$0
Value of interest in pooled separate accounts at beginning of year2022-12-31$0
Interest on participant loans2022-12-31$34,974
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-6,089,712
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31Yes
Contributions received in cash from employer2022-12-31$3,240,507
Employer contributions (assets) at end of year2022-12-31$122,676
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$3,038,446
Contract administrator fees2022-12-31$145,336
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31WELLS, COLEMAN & COMPANY, LLP
Accountancy firm EIN2022-12-31540593442
2021 : GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$7,498,975
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$19,095,235
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,581,713
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,464,896
Expenses. Certain deemed distributions of participant loans2021-12-31$8,994
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$16,137,154
Value of total assets at end of year2021-12-31$29,399,286
Value of total assets at beginning of year2021-12-31$11,885,764
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$107,823
Total interest from all sources2021-12-31$24,614
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$2,735,719
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$2,735,719
Administrative expenses professional fees incurred2021-12-31$11,838
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$4,282,120
Participant contributions at end of year2021-12-31$760,994
Participant contributions at beginning of year2021-12-31$221,457
Participant contributions at end of year2021-12-31$3,494
Participant contributions at beginning of year2021-12-31$682
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$9,278,115
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$1,011
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$0
Total non interest bearing cash at end of year2021-12-31$8,613
Total non interest bearing cash at beginning of year2021-12-31$1,820
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$17,513,522
Value of net assets at end of year (total assets less liabilities)2021-12-31$29,399,286
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$11,885,764
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$28,624,567
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$11,661,211
Value of interest in pooled separate accounts at end of year2021-12-31$0
Value of interest in pooled separate accounts at beginning of year2021-12-31$0
Interest on participant loans2021-12-31$24,614
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$197,748
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31Yes
Contributions received in cash from employer2021-12-31$2,576,919
Employer contributions (assets) at end of year2021-12-31$1,618
Employer contributions (assets) at beginning of year2021-12-31$594
Income. Dividends from common stock2021-12-31$2,735,719
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,464,896
Contract administrator fees2021-12-31$95,985
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31WELLS, COLEMAN & COMPANY, LLP
Accountancy firm EIN2021-12-31540593442
2020 : GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$5,495,725
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,297,944
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,212,796
Expenses. Certain deemed distributions of participant loans2020-12-31$28,629
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$4,046,783
Value of total assets at end of year2020-12-31$11,885,764
Value of total assets at beginning of year2020-12-31$7,687,983
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$56,519
Total interest from all sources2020-12-31$7,712
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$190,516
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$190,516
Administrative expenses professional fees incurred2020-12-31$1,750
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$2,247,195
Participant contributions at end of year2020-12-31$221,457
Participant contributions at beginning of year2020-12-31$93,014
Participant contributions at end of year2020-12-31$682
Participant contributions at beginning of year2020-12-31$580
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$484,193
Total non interest bearing cash at end of year2020-12-31$1,820
Total non interest bearing cash at beginning of year2020-12-31$1,555
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$4,197,781
Value of net assets at end of year (total assets less liabilities)2020-12-31$11,885,764
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$7,687,983
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$11,661,211
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$7,592,642
Value of interest in pooled separate accounts at end of year2020-12-31$0
Value of interest in pooled separate accounts at beginning of year2020-12-31$0
Interest on participant loans2020-12-31$7,712
Net investment gain/loss from pooled separate accounts2020-12-31$1,250,714
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31Yes
Contributions received in cash from employer2020-12-31$1,315,395
Employer contributions (assets) at end of year2020-12-31$594
Employer contributions (assets) at beginning of year2020-12-31$192
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,212,796
Contract administrator fees2020-12-31$54,769
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CHERRY BEKAERT, LLP
Accountancy firm EIN2020-12-31560574444
2019 : GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$4,475,024
Total income from all sources (including contributions)2019-12-31$4,475,024
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$339,586
Total of all expenses incurred2019-12-31$339,586
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$292,626
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$292,626
Expenses. Certain deemed distributions of participant loans2019-12-31$3,052
Expenses. Certain deemed distributions of participant loans2019-12-31$3,052
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,382,106
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,382,106
Value of total assets at end of year2019-12-31$7,687,983
Value of total assets at end of year2019-12-31$7,687,983
Value of total assets at beginning of year2019-12-31$3,552,545
Value of total assets at beginning of year2019-12-31$3,552,545
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$43,908
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$43,908
Total interest from all sources2019-12-31$4,449
Total interest from all sources2019-12-31$4,449
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,203,619
Contributions received from participants2019-12-31$1,203,619
Participant contributions at end of year2019-12-31$93,014
Participant contributions at end of year2019-12-31$93,014
Participant contributions at beginning of year2019-12-31$75,411
Participant contributions at beginning of year2019-12-31$75,411
Participant contributions at end of year2019-12-31$580
Participant contributions at end of year2019-12-31$580
Participant contributions at beginning of year2019-12-31$349
Participant contributions at beginning of year2019-12-31$349
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$1,475,340
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$1,475,340
Total non interest bearing cash at end of year2019-12-31$1,555
Total non interest bearing cash at end of year2019-12-31$1,555
Total non interest bearing cash at beginning of year2019-12-31$1,241
Total non interest bearing cash at beginning of year2019-12-31$1,241
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$4,135,438
Value of net income/loss2019-12-31$4,135,438
Value of net assets at end of year (total assets less liabilities)2019-12-31$7,687,983
Value of net assets at end of year (total assets less liabilities)2019-12-31$7,687,983
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,552,545
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,552,545
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$7,592,642
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$7,592,642
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,475,444
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,475,444
Value of interest in pooled separate accounts at end of year2019-12-31$0
Value of interest in pooled separate accounts at end of year2019-12-31$0
Value of interest in pooled separate accounts at beginning of year2019-12-31$0
Value of interest in pooled separate accounts at beginning of year2019-12-31$0
Interest on participant loans2019-12-31$4,449
Interest on participant loans2019-12-31$4,449
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,088,469
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,088,469
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31Yes
Contributions received in cash from employer2019-12-31$703,147
Contributions received in cash from employer2019-12-31$703,147
Employer contributions (assets) at end of year2019-12-31$192
Employer contributions (assets) at end of year2019-12-31$192
Employer contributions (assets) at beginning of year2019-12-31$100
Employer contributions (assets) at beginning of year2019-12-31$100
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$292,626
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$292,626
Contract administrator fees2019-12-31$43,908
Contract administrator fees2019-12-31$43,908
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CHERRY BEKAERT, LLP
Accountancy firm name2019-12-31CHERRY BEKAERT, LLP
Accountancy firm EIN2019-12-31560574444
Accountancy firm EIN2019-12-31560574444
2018 : GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
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$906,443
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$473,941
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$438,237
Expenses. Certain deemed distributions of participant loans2018-12-31$5,386
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,141,002
Value of total assets at end of year2018-12-31$3,552,546
Value of total assets at beginning of year2018-12-31$3,120,044
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$30,318
Total interest from all sources2018-12-31$3,284
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$686,230
Participant contributions at end of year2018-12-31$75,411
Participant contributions at beginning of year2018-12-31$56,376
Participant contributions at end of year2018-12-31$349
Participant contributions at beginning of year2018-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$76,894
Total non interest bearing cash at end of year2018-12-31$1,241
Total non interest bearing cash at beginning of year2018-12-31$834
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$432,502
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,552,546
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,120,044
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$3,475,445
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$3,060,804
Value of interest in pooled separate accounts at end of year2018-12-31$0
Value of interest in pooled separate accounts at beginning of year2018-12-31$0
Interest on participant loans2018-12-31$3,284
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-237,843
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$377,878
Employer contributions (assets) at end of year2018-12-31$100
Employer contributions (assets) at beginning of year2018-12-31$2,030
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$438,237
Contract administrator fees2018-12-31$30,318
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CHERRY BEKAERT, LLP
Accountancy firm EIN2018-12-31560574444
2017 : GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,099,375
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$245,243
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$221,670
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$634,534
Value of total assets at end of year2017-12-31$3,120,044
Value of total assets at beginning of year2017-12-31$2,265,912
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$23,573
Total interest from all sources2017-12-31$1,369
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$408,595
Participant contributions at end of year2017-12-31$56,376
Participant contributions at beginning of year2017-12-31$23,149
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$16,334
Total non interest bearing cash at end of year2017-12-31$834
Total non interest bearing cash at beginning of year2017-12-31$1,204
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$854,132
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,120,044
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$2,265,912
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$3,060,804
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$278
Value of interest in pooled separate accounts at end of year2017-12-31$0
Value of interest in pooled separate accounts at beginning of year2017-12-31$2,241,281
Interest on participant loans2017-12-31$1,369
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$463,472
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31Yes
Contributions received in cash from employer2017-12-31$209,605
Employer contributions (assets) at end of year2017-12-31$2,030
Employer contributions (assets) at beginning of year2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$221,670
Contract administrator fees2017-12-31$23,573
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CHERRY BEKAERT, LLP
Accountancy firm EIN2017-12-31560574444

Form 5500 Responses for GROUNDWORKS OPERATIONS, LLC 401(K) PLAN

2022: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: GROUNDWORKS OPERATIONS, LLC 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number125834
Policy instance 1
Insurance contract or identification number125834
Number of Individuals Covered0
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $31,248
Total amount of fees paid to insurance companyUSD $3,127
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $31,248
Insurance broker organization code?3
Amount paid for insurance broker fees3127
Additional information about fees paid to insurance brokerPLAN ADMINISTRATION
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number125834
Policy instance 1
Insurance contract or identification number125834
Number of Individuals Covered395
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $21,781
Total amount of fees paid to insurance companyUSD $5,473
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $20,175
Insurance broker organization code?3
Amount paid for insurance broker fees5473
Additional information about fees paid to insurance brokerPLAN ADMINISTRATION
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number125834
Policy instance 1
Insurance contract or identification number125834
Number of Individuals Covered235
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $15,414
Total amount of fees paid to insurance companyUSD $1,773
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $15,414
Insurance broker organization code?3
Amount paid for insurance broker fees1773
Additional information about fees paid to insurance brokerPLAN ADMINISTRATION
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number125834
Policy instance 1
Insurance contract or identification number125834
Number of Individuals Covered181
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $4,954
Total amount of fees paid to insurance companyUSD $10,615
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,954
Insurance broker organization code?3
Amount paid for insurance broker fees10615
Additional information about fees paid to insurance brokerPLAN ADMINISTRATION
Insurance broker nameBDO USA, LLP

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