BEST ELECTRIC, AIR CONDITIONING has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BEST ELECTRIC, AIR CONDITIONING & PLUMBING, LLC 401(K) PLAN
401k plan membership statisitcs for BEST ELECTRIC, AIR CONDITIONING & PLUMBING, LLC 401(K) PLAN
Measure | Date | Value |
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2020 : BEST ELECTRIC, AIR CONDITIONING & PLUMBING, LLC 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets from this plan | 2020-12-31 | $2,226,070 |
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 | $272 |
Total income from all sources (including contributions) | 2020-12-31 | $970,384 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $467,302 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $457,564 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $657,202 |
Value of total assets at end of year | 2020-12-31 | $139 |
Value of total assets at beginning of year | 2020-12-31 | $1,723,399 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $9,738 |
Total interest from all sources | 2020-12-31 | $4,365 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $37,524 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $37,524 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $173,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $404,022 |
Participant contributions at beginning of year | 2020-12-31 | $151,239 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $272 |
Administrative expenses (other) incurred | 2020-12-31 | $9,738 |
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 | $503,082 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $139 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,723,127 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $55 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $1,572,160 |
Interest on participant loans | 2020-12-31 | $4,365 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $84 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $270,600 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $693 |
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 | $253,180 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $457,564 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
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 | TUSCAN AND COMPANY, P.A. |
Accountancy firm EIN | 2020-12-31 | 260254161 |
2019 : BEST ELECTRIC, AIR CONDITIONING & PLUMBING, LLC 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $272 |
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 | $902,637 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $518,428 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $503,865 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $597,577 |
Value of total assets at end of year | 2019-12-31 | $1,723,399 |
Value of total assets at beginning of year | 2019-12-31 | $1,338,918 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $14,563 |
Total interest from all sources | 2019-12-31 | $6,812 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $970 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $100,000 |
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 | $354,101 |
Participant contributions at end of year | 2019-12-31 | $151,239 |
Participant contributions at beginning of year | 2019-12-31 | $65,185 |
Participant contributions at beginning of year | 2019-12-31 | $21 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $32,609 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $272 |
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 | $384,209 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $1,723,127 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,338,918 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $1,572,160 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $1,273,712 |
Interest on participant loans | 2019-12-31 | $6,812 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $298,248 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $210,867 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $503,865 |
Contract administrator fees | 2019-12-31 | $13,593 |
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 | TUSCAN AND COMPANY, P.A. |
Accountancy firm EIN | 2019-12-31 | 260254161 |
2018 : BEST ELECTRIC, AIR CONDITIONING & PLUMBING, LLC 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $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 | $398,392 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $91,487 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $80,750 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $462,339 |
Value of total assets at end of year | 2018-12-31 | $1,338,918 |
Value of total assets at beginning of year | 2018-12-31 | $1,032,013 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $10,737 |
Total interest from all sources | 2018-12-31 | $2,696 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $590 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $100,000 |
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 | $294,458 |
Participant contributions at end of year | 2018-12-31 | $65,185 |
Participant contributions at beginning of year | 2018-12-31 | $50,207 |
Participant contributions at end of year | 2018-12-31 | $21 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $951 |
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 | $306,905 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,338,918 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,032,013 |
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 | $1,273,712 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $981,806 |
Interest on participant loans | 2018-12-31 | $2,696 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-66,643 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $166,930 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $80,750 |
Contract administrator fees | 2018-12-31 | $10,147 |
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 | TUSCAN AND COMPANY, P.A. |
Accountancy firm EIN | 2018-12-31 | 260254161 |