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KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 401k Plan overview

Plan NameKNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN
Plan identification number 501

KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

KNIGHT CONST. & SUPPLY, INC. has sponsored the creation of one or more 401k plans.

Company Name:KNIGHT CONST. & SUPPLY, INC.
Employer identification number (EIN):910882900
NAIC Classification:236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012023-01-01
5012023-01-01
5012023-01-01ERIK WAKELING
5012023-01-01ERIK WAKELING
5012022-01-01ERIK WAKELING2023-08-21
5012021-01-01ERIK WAKELING2022-10-06
5012020-01-01
5012019-01-01
5012018-01-01
5012017-01-01
5012016-01-01

Financial Data on KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN

Measure Date Value
2023 : KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$139,500
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$1,634,958
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$1,654,754
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$1,583,563
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,634,958
Value of total assets at end of year2023-12-31$1,023,286
Value of total assets at beginning of year2023-12-31$903,582
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$71,191
Total interest from all sources2023-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000,000
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$339,067
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2023-12-31$139,500
Administrative expenses (other) incurred2023-12-31$24,803
Total non interest bearing cash at end of year2023-12-31$1,023,286
Total non interest bearing cash at beginning of year2023-12-31$903,582
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$-19,796
Value of net assets at end of year (total assets less liabilities)2023-12-31$883,786
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$903,582
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2023-12-31$369,333
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$1,295,891
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$1,074,730
Contract administrator fees2023-12-31$46,388
Liabilities. Value of benefit claims payable at end of year2023-12-31$139,500
Did the plan have assets held for investment2023-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31MOSS ADAMS LLP
Accountancy firm EIN2023-12-31910189318
Total unrealized appreciation/depreciation of assets2023-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$139,500
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total income from all sources (including contributions)2023-01-01$1,634,958
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$1,654,754
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$1,583,563
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$1,634,958
Value of total assets at end of year2023-01-01$1,023,286
Value of total assets at beginning of year2023-01-01$903,582
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$71,191
Total interest from all sources2023-01-01$0
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$1,000,000
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$339,067
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2023-01-01$139,500
Administrative expenses (other) incurred2023-01-01$24,803
Total non interest bearing cash at end of year2023-01-01$1,023,286
Total non interest bearing cash at beginning of year2023-01-01$903,582
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$-19,796
Value of net assets at end of year (total assets less liabilities)2023-01-01$883,786
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$903,582
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Expenses. Payments to insurance carriers foe the provision of benefits2023-01-01$369,333
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$1,295,891
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$1,074,730
Contract administrator fees2023-01-01$46,388
Liabilities. Value of benefit claims payable at end of year2023-01-01$139,500
Did the plan have assets held for investment2023-01-01No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01MOSS ADAMS LLP
Accountancy firm EIN2023-01-01910189318
2022 : KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2022 401k financial data
Total income from all sources2022-12-31$1,135,164
Expenses. Total of all expenses incurred2022-12-31$1,039,648
Benefits paid (including direct rollovers)2022-12-31$1,023,911
Total plan assets at end of year2022-12-31$903,582
Total plan assets at beginning of year2022-12-31$808,066
Value of fidelity bond covering the plan2022-12-31$650,000
Total contributions received or receivable from participants2022-12-31$219,544
Net income (gross income less expenses)2022-12-31$95,516
Net plan assets at end of year (total assets less liabilities)2022-12-31$903,582
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$808,066
Total contributions received or receivable from employer(s)2022-12-31$915,620
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$15,737
2021 : KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2021 401k financial data
Total income from all sources2021-12-31$1,131,206
Expenses. Total of all expenses incurred2021-12-31$924,971
Benefits paid (including direct rollovers)2021-12-31$924,971
Total plan assets at end of year2021-12-31$808,066
Total plan assets at beginning of year2021-12-31$601,831
Value of fidelity bond covering the plan2021-12-31$650,000
Total contributions received or receivable from participants2021-12-31$246,470
Net income (gross income less expenses)2021-12-31$206,235
Net plan assets at end of year (total assets less liabilities)2021-12-31$808,066
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$601,831
Total contributions received or receivable from employer(s)2021-12-31$884,736
2020 : KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2020 401k financial data
Total income from all sources2020-12-31$1,173,840
Expenses. Total of all expenses incurred2020-12-31$956,972
Benefits paid (including direct rollovers)2020-12-31$956,972
Total plan assets at end of year2020-12-31$601,831
Total plan assets at beginning of year2020-12-31$384,963
Value of fidelity bond covering the plan2020-12-31$650,000
Total contributions received or receivable from participants2020-12-31$299,587
Net income (gross income less expenses)2020-12-31$216,868
Net plan assets at end of year (total assets less liabilities)2020-12-31$601,831
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$384,963
Total contributions received or receivable from employer(s)2020-12-31$874,253
2019 : KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2019 401k financial data
Total income from all sources2019-12-31$1,178,031
Expenses. Total of all expenses incurred2019-12-31$966,500
Benefits paid (including direct rollovers)2019-12-31$966,500
Total plan assets at end of year2019-12-31$384,962
Total plan assets at beginning of year2019-12-31$173,431
Value of fidelity bond covering the plan2019-12-31$650,000
Total contributions received or receivable from participants2019-12-31$292,377
Net income (gross income less expenses)2019-12-31$211,531
Net plan assets at end of year (total assets less liabilities)2019-12-31$384,962
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$173,431
Total contributions received or receivable from employer(s)2019-12-31$885,654

Form 5500 Responses for KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN

2023: KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan funding arrangement – General assets of the sponsorYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2023-01-01Plan benefit arrangement – General assets of the sponsorYes
2022: KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes
2021: KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan funding arrangement – General assets of the sponsorYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2021-01-01Plan benefit arrangement – General assets of the sponsorYes
2020: KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT 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 – TrustYes
2020-01-01Plan funding arrangement – General assets of the sponsorYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2020-01-01Plan benefit arrangement – General assets of the sponsorYes
2019: KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT 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 – TrustYes
2019-01-01Plan funding arrangement – General assets of the sponsorYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2019-01-01Plan benefit arrangement – General assets of the sponsorYes
2018: KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT 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 – General assets of the sponsorYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement – General assets of the sponsorYes
2017: KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT 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 – General assets of the sponsorYes
2017-01-01Plan benefit arrangement – General assets of the sponsorYes
2016: KNIGHT CONSTRUCTION & SUPPLY, INC. EMPLOYEE BENEFIT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – General assets of the sponsorYes
2016-01-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0BHZW
Policy instance 2
Insurance contract or identification numberGLUG0BHZW
Number of Individuals Covered124
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $7,639
Total amount of fees paid to insurance companyUSD $6,543
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 BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, ACCIDENT
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 $74,461
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
SYMETRA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68608 )
Policy contract number16-016019-000
Policy instance 1
Insurance contract or identification number16-016019-000
Number of Individuals Covered116
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of fees paid to insurance companyUSD $22,991
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 $285,007
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0BHZW
Policy instance 3
Insurance contract or identification numberGLUG0BHZW
Number of Individuals Covered128
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $8,190
Total amount of fees paid to insurance companyUSD $3,312
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $75,833
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberKM05956340
Policy instance 2
Insurance contract or identification numberKM05956340
Number of Individuals Covered298
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $3,337
Total amount of fees paid to insurance companyUSD $59
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $94,586
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
SIRIUS AMERICA INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38776 )
Policy contract numberVSL1051
Policy instance 1
Insurance contract or identification numberVSL1051
Number of Individuals Covered118
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Welfare Benefit Premiums Paid to CarrierUSD $285,322
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0BHZW
Policy instance 3
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberKM05956340
Policy instance 2
BERKLEY LIFE & HEALTH INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract numberERL L2110153300
Policy instance 1
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0BHZW
Policy instance 2
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5956340
Policy instance 1
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0BHZW
Policy instance 2
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5956340
Policy instance 1
DELTA DENTAL OF WASHINGTON (National Association of Insurance Commissioners NAIC id number: 47341 )
Policy contract number12740
Policy instance 2
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberG000BHZW
Policy instance 1

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