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CRITERION CRITICAL SYSTEMS, INC 401(K) PLAN 401k Plan overview

Plan NameCRITERION CRITICAL SYSTEMS, INC 401(K) PLAN
Plan identification number 001

CRITERION CRITICAL SYSTEMS, INC 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

CRITERION CRITICAL SYSTEMS, INC has sponsored the creation of one or more 401k plans.

Company Name:CRITERION CRITICAL SYSTEMS, INC
Employer identification number (EIN):813483040
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CRITERION CRITICAL SYSTEMS, INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NELSON LUHRSEN2024-05-15
0012022-01-01NELSON G LUHRSEN2023-03-29
0012021-01-01NELSON LUHRSEN2022-05-09
0012020-01-01NELSON LUHRSEN2021-04-05
0012019-01-01NELSON LUHRSEN2020-04-10
0012018-01-01NELSON LUHRSEN
0012017-01-01NELSON LUHRSEN2018-06-15

Financial Data on CRITERION CRITICAL SYSTEMS, INC 401(K) PLAN

Measure Date Value
2025 : CRITERION CRITICAL SYSTEMS, INC 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-151186
Total liabilities as of the beginning of the plan year2025-10-150
Total expenses incurred by plan in this plan year2025-10-15339358
Net assets as of the end of the plan year2025-10-151508474
Total assets as of the beginning of the plan year2025-10-151279705
Value of plan covered by a fidelity bond2025-10-1535000
Participant contributions to plan in this plan year2025-10-15203704
Value of participant loans at end of plan year2025-10-1537278
Other contributions to plan in this plan year2025-10-1527213
Other income to plan in this plan year2025-10-15249082
Plan net income in this plan year2025-10-15227583
Net assets as of the end of the plan year2025-10-151507288
Net assets as of the beginning of the plan year2025-10-151279705
Employer contributions to plan in this plan year2025-10-1586942
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-1514493
2024 : CRITERION CRITICAL SYSTEMS, INC 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-150
Total liabilities as of the end of the plan year2024-05-150
Total liabilities as of the beginning of the plan year2024-05-150
Total expenses incurred by plan in this plan year2024-05-1526665
Net assets as of the end of the plan year2024-05-151279704
Total assets as of the beginning of the plan year2024-05-15782697
Value of plan covered by a fidelity bond2024-05-1578270
Participant contributions to plan in this plan year2024-05-15160936
Value of participant loans at end of plan year2024-05-1536855
Other expenses paid from plan in this plan year2024-05-150
Other contributions to plan in this plan year2024-05-157440
Other income to plan in this plan year2024-05-15184263
Plan net income in this plan year2024-05-15497007
Net assets as of the end of the plan year2024-05-151279704
Net assets as of the beginning of the plan year2024-05-15782697
Employer contributions to plan in this plan year2024-05-15171033
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-1514531
2018 : CRITERION CRITICAL SYSTEMS, INC 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$105,940
Expenses. Total of all expenses incurred2018-12-31$736
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$116,688
Total plan assets at beginning of year2018-12-31$11,484
Value of fidelity bond covering the plan2018-12-31$20,000
Total contributions received or receivable from participants2018-12-31$28,662
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$66,502
Net income (gross income less expenses)2018-12-31$105,204
Net plan assets at end of year (total assets less liabilities)2018-12-31$116,688
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$11,484
Assets. Value of participant loans2018-12-31$1,898
Total contributions received or receivable from employer(s)2018-12-31$10,776
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$736

Form 5500 Responses for CRITERION CRITICAL SYSTEMS, INC 401(K) PLAN

2018: CRITERION CRITICAL SYSTEMS, INC 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 – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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