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BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501) 401k Plan overview

Plan NameBERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501)
Plan identification number 501

BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501) Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Dental
  • Vision

401k Sponsoring company profile

BERG CONSTRUCTION LLC has sponsored the creation of one or more 401k plans.

Company Name:BERG CONSTRUCTION LLC
Employer identification number (EIN):841651786
NAIC Classification:236200

Additional information about BERG CONSTRUCTION LLC

Jurisdiction of Incorporation: COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE
Incorporation Date:
Company Identification Number: 3223863

More information about BERG CONSTRUCTION LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501)

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-07-01
5012021-07-01

Plan Statistics for BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501)

401k plan membership statisitcs for BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501)

Measure Date Value
2022: BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501) 2022 401k membership
Total participants, beginning-of-year2022-07-0158
Total number of active participants reported on line 7a of the Form 55002022-07-0161
Number of retired or separated participants receiving benefits2022-07-011
Number of other retired or separated participants entitled to future benefits2022-07-010
Total of all active and inactive participants2022-07-0162
2021: BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501) 2021 401k membership
Total participants, beginning-of-year2021-07-0157
Total number of active participants reported on line 7a of the Form 55002021-07-0158
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-010
Total of all active and inactive participants2021-07-0158

Financial Data on BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501)

Measure Date Value
2023 : BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501) 2023 401k financial data
Total plan liabilities at end of year2023-06-30$50,591
Total plan liabilities at beginning of year2023-06-30$45,847
Total income from all sources2023-06-30$607,593
Expenses. Total of all expenses incurred2023-06-30$568,197
Benefits paid (including direct rollovers)2023-06-30$327,386
Total plan assets at end of year2023-06-30$49,900
Total plan assets at beginning of year2023-06-30$5,760
Value of fidelity bond covering the plan2023-06-30$200,000
Total contributions received or receivable from participants2023-06-30$161,617
Expenses. Other expenses not covered elsewhere2023-06-30$236,192
Contributions received from other sources (not participants or employers)2023-06-30$15,522
Other income received2023-06-30$374
Net income (gross income less expenses)2023-06-30$39,396
Net plan assets at end of year (total assets less liabilities)2023-06-30$-691
Net plan assets at beginning of year (total assets less liabilities)2023-06-30$-40,087
Total contributions received or receivable from employer(s)2023-06-30$430,080
Value of corrective distributions2023-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-06-30$4,619
2022 : BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501) 2022 401k financial data
Total plan liabilities at end of year2022-06-30$45,847
Total plan liabilities at beginning of year2022-06-30$0
Total income from all sources2022-06-30$453,327
Expenses. Total of all expenses incurred2022-06-30$493,414
Benefits paid (including direct rollovers)2022-06-30$304,633
Total plan assets at end of year2022-06-30$5,760
Total plan assets at beginning of year2022-06-30$0
Value of fidelity bond covering the plan2022-06-30$200,000
Total contributions received or receivable from participants2022-06-30$106,669
Expenses. Other expenses not covered elsewhere2022-06-30$181,587
Other income received2022-06-30$75
Net income (gross income less expenses)2022-06-30$-40,087
Net plan assets at end of year (total assets less liabilities)2022-06-30$-40,087
Net plan assets at beginning of year (total assets less liabilities)2022-06-30$0
Total contributions received or receivable from employer(s)2022-06-30$346,583
Expenses. Administrative service providers (salaries,fees and commissions)2022-06-30$7,194

Form 5500 Responses for BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501)

2022: BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501) 2022 form 5500 responses
2022-07-01Type of plan entitySingle employer plan
2022-07-01Submission has been amendedNo
2022-07-01This submission is the final filingNo
2022-07-01This return/report is a short plan year return/report (less than 12 months)No
2022-07-01Plan is a collectively bargained planNo
2022-07-01Plan funding arrangement – InsuranceYes
2022-07-01Plan funding arrangement – TrustYes
2022-07-01Plan benefit arrangement – InsuranceYes
2022-07-01Plan benefit arrangement - TrustYes
2021: BERG CONSTRUCTION LLC EMPLOYEE BENEFIT PLAN (501) 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01First time form 5500 has been submittedYes
2021-07-01Submission has been amendedNo
2021-07-01This submission is the final filingNo
2021-07-01This return/report is a short plan year return/report (less than 12 months)No
2021-07-01Plan is a collectively bargained planNo
2021-07-01Plan funding arrangement – InsuranceYes
2021-07-01Plan funding arrangement – TrustYes
2021-07-01Plan benefit arrangement – InsuranceYes
2021-07-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number954070
Policy instance 1
Insurance contract or identification number954070
Number of Individuals Covered52
Insurance policy start date2022-07-01
Insurance policy end date2023-06-30
Total amount of commissions paid to insurance brokerUSD $10,003
Total amount of fees paid to insurance companyUSD $2,056
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 BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACC INS; CANCER; CHILD & SPOUSE CRIT ILL, VOL LF, VOL AD&D; CRIT ILL; VOL AD&D; VOL LF; VOL LTD; VOL STD
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $73,232
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,003
Amount paid for insurance broker fees2056
Additional information about fees paid to insurance brokerBONUS
Insurance broker organization code?3
EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number31000255
Policy instance 2
Insurance contract or identification number31000255
Number of Individuals Covered62
Insurance policy start date2022-07-01
Insurance policy end date2023-06-30
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
Welfare Benefit Premiums Paid to CarrierUSD $143,601
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
DELTA DENTAL OF PENNSYLVANIA (National Association of Insurance Commissioners NAIC id number: 54798 )
Policy contract number10840
Policy instance 1
Insurance contract or identification number10840
Number of Individuals Covered0
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
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 BenefitYes
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
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
NVA VISION (National Association of Insurance Commissioners NAIC id number: 11686 )
Policy contract number000000
Policy instance 2
Insurance contract or identification number000000
Number of Individuals Covered0
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
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 BenefitYes
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
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number31000255
Policy instance 3
Insurance contract or identification number31000255
Number of Individuals Covered58
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
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
Welfare Benefit Premiums Paid to CarrierUSD $144,557
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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