401k Plan data: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN plan

38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 401k Plan overview

Plan Name	38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN
Plan identification number	001

38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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

38 NORTH CONSTRUCTION GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name: 38 NORTH CONSTRUCTION GROUP, LLC

Employer identification number (EIN): 821082998

NAIC Classification: 236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 38 NORTH CONSTRUCTION GROUP, LLC 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
001 2021-01-01
001 2020-01-01
001 2019-01-01

Plan Statistics for 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN

401k plan membership statisitcs for 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN

Measure Date Value
2022: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 7
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 0
Total of all active and inactive participants 2022-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 7
Number of participants with account balances 2022-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 6
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 0
Total of all active and inactive participants 2021-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 7
Number of participants with account balances 2021-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 4
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 1
Total of all active and inactive participants 2020-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 1
Total participants 2020-01-01 6
Number of participants with account balances 2020-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 4
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 0
Total of all active and inactive participants 2019-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 4
Number of participants with account balances 2019-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2022: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	7
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	0
Total of all active and inactive participants	2022-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	7
Number of participants with account balances	2022-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	6
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	0
Total of all active and inactive participants	2021-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	7
Number of participants with account balances	2021-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	4
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	1
Total of all active and inactive participants	2020-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	1
Total participants	2020-01-01	6
Number of participants with account balances	2020-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	4
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	0
Total of all active and inactive participants	2019-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	4
Number of participants with account balances	2019-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN

Measure	Date	Value
2022 : 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-130,729
Expenses. Total of all expenses incurred	2022-12-31	$11,986
Benefits paid (including direct rollovers)	2022-12-31	$7,257
Total plan assets at end of year	2022-12-31	$659,033
Total plan assets at beginning of year	2022-12-31	$801,748
Value of fidelity bond covering the plan	2022-12-31	$70,000
Total contributions received or receivable from participants	2022-12-31	$9,633
Other income received	2022-12-31	$-158,378
Net income (gross income less expenses)	2022-12-31	$-142,715
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$659,033
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$801,748
Total contributions received or receivable from employer(s)	2022-12-31	$18,016
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$4,729
2021 : 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$175,591
Expenses. Total of all expenses incurred	2021-12-31	$21,324
Benefits paid (including direct rollovers)	2021-12-31	$10,414
Total plan assets at end of year	2021-12-31	$801,748
Total plan assets at beginning of year	2021-12-31	$647,481
Value of fidelity bond covering the plan	2021-12-31	$70,000
Total contributions received or receivable from participants	2021-12-31	$29,800
Other income received	2021-12-31	$138,623
Net income (gross income less expenses)	2021-12-31	$154,267
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$801,748
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$647,481
Total contributions received or receivable from employer(s)	2021-12-31	$7,168
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$10,910
2020 : 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$125,504
Expenses. Total of all expenses incurred	2020-12-31	$8,423
Total plan assets at end of year	2020-12-31	$647,481
Total plan assets at beginning of year	2020-12-31	$530,400
Value of fidelity bond covering the plan	2020-12-31	$70,000
Total contributions received or receivable from participants	2020-12-31	$29,937
Other income received	2020-12-31	$89,501
Net income (gross income less expenses)	2020-12-31	$117,081
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$647,481
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$530,400
Total contributions received or receivable from employer(s)	2020-12-31	$6,066
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$8,423
2019 : 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$530,400
Total plan assets at end of year	2019-12-31	$530,400
Total plan assets at beginning of year	2019-12-31	$0
Total contributions received or receivable from participants	2019-12-31	$43,329
Contributions received from other sources (not participants or employers)	2019-12-31	$436,530
Other income received	2019-12-31	$43,631
Net income (gross income less expenses)	2019-12-31	$530,400
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$530,400
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$0
Total contributions received or receivable from employer(s)	2019-12-31	$6,910

Form 5500 Responses for 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN

2022: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: 38 NORTH CONSTRUCTION GROUP, LLC 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	First time form 5500 has been submitted	Yes
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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

140324

Policy instance

Insurance contract or identification number	140324
Number of Individuals Covered	2
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 $343
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	343
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

140324

Policy instance

Insurance contract or identification number	140324
Number of Individuals Covered	3
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 $360
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	360
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

Policy instance

Number of Individuals Covered	4
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $2,869
Total amount of fees paid to insurance company	USD $762
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,869
Insurance broker organization code?	3
Amount paid for insurance broker fees	762

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

Policy contract number

Policy instance

Number of Individuals Covered	4
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $1,540
Total amount of fees paid to insurance company	USD $1,157
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	1157
Insurance broker organization code?	5
Commission paid to Insurance Broker	USD $798

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Company Name:	38 NORTH CONSTRUCTION GROUP, LLC
Employer identification number (EIN):	821082998
NAIC Classification:	236200