401k Plan data: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V plan

BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 401k Plan overview

Plan Name	BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V
Plan identification number	005

BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

BAKER ELECTRIC & RENEWABLES LLC has sponsored the creation of one or more 401k plans.

Company Name: BAKER ELECTRIC & RENEWABLES LLC

Employer identification number (EIN): 951853701

NAIC Classification: 238210
NAIC Description: Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
005 2022-01-01
005 2021-01-01
005 2020-01-01
005 2020-01-01
005 2019-01-01
005 2019-01-01
005 2018-01-01 BRIAN MILIATE 2019-03-29
005 2017-01-01 BRIAN MILIATE 2018-08-29

Plan Statistics for BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V

401k plan membership statisitcs for BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V

Measure Date Value
2022: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2022 401k membership
Total participants, beginning-of-year 2022-01-01 494
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 288
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 52
Total of all active and inactive participants 2022-01-01 340
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 340
Number of participants with account balances 2022-01-01 286
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 28
2021: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2021 401k membership
Total participants, beginning-of-year 2021-01-01 469
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 268
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 217
Total of all active and inactive participants 2021-01-01 485
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 485
Number of participants with account balances 2021-01-01 409
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 23
2020: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2020 401k membership
Total participants, beginning-of-year 2020-01-01 503
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 472
Number of retired or separated participants receiving benefits 2020-01-01 5
Number of other retired or separated participants entitled to future benefits 2020-01-01 109
Total of all active and inactive participants 2020-01-01 586
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 586
Number of participants with account balances 2020-01-01 424
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 68
2019: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2019 401k membership
Total participants, beginning-of-year 2019-01-01 364
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 428
Number of retired or separated participants receiving benefits 2019-01-01 3
Number of other retired or separated participants entitled to future benefits 2019-01-01 39
Total of all active and inactive participants 2019-01-01 470
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 470
Number of participants with account balances 2019-01-01 316
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 17

Measure	Date	Value
2022: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2022 401k membership
Total participants, beginning-of-year	2022-01-01	494
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	288
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	52
Total of all active and inactive participants	2022-01-01	340
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	340
Number of participants with account balances	2022-01-01	286
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	28
2021: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2021 401k membership
Total participants, beginning-of-year	2021-01-01	469
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	268
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	217
Total of all active and inactive participants	2021-01-01	485
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	485
Number of participants with account balances	2021-01-01	409
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	23
2020: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2020 401k membership
Total participants, beginning-of-year	2020-01-01	503
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	472
Number of retired or separated participants receiving benefits	2020-01-01	5
Number of other retired or separated participants entitled to future benefits	2020-01-01	109
Total of all active and inactive participants	2020-01-01	586
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	586
Number of participants with account balances	2020-01-01	424
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	68
2019: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2019 401k membership
Total participants, beginning-of-year	2019-01-01	364
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	428
Number of retired or separated participants receiving benefits	2019-01-01	3
Number of other retired or separated participants entitled to future benefits	2019-01-01	39
Total of all active and inactive participants	2019-01-01	470
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	470
Number of participants with account balances	2019-01-01	316
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	17

Financial Data on BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V

Measure	Date	Value
2022 : BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$2,905
Total transfer of assets from this plan	2022-12-31	$4,252,478
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-308,241
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,628,606
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,230,406
Value of total corrective distributions	2022-12-31	$310,806
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,219,901
Value of total assets at end of year	2022-12-31	$12,122,354
Value of total assets at beginning of year	2022-12-31	$18,308,774
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$87,394
Total interest from all sources	2022-12-31	$6,183
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$22,733
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$22,733
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$1,581,404
Participant contributions at end of year	2022-12-31	$217,384
Participant contributions at beginning of year	2022-12-31	$109,939
Participant contributions at beginning of year	2022-12-31	$22,641
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$305,561
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-1,936,847
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$12,122,354
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$18,308,774
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$1,977,573
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$83,039
Value of interest in pooled separate accounts at end of year	2022-12-31	$5,018
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$50
Interest on participant loans	2022-12-31	$4,560
Interest earned on other investments	2022-12-31	$1,623
Value of interest in common/collective trusts at end of year	2022-12-31	$9,455,727
Value of interest in common/collective trusts at beginning of year	2022-12-31	$17,813,654
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$133,716
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$27,523
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-505,268
Net investment gain/loss from pooled separate accounts	2022-12-31	$-58
Net investment gain or loss from common/collective trusts	2022-12-31	$-2,051,732
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$332,936
Employer contributions (assets) at end of year	2022-12-31	$332,936
Employer contributions (assets) at beginning of year	2022-12-31	$251,928
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,230,406
Contract administrator fees	2022-12-31	$87,394
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MOSS ADAMS
Accountancy firm EIN	2022-12-31	910189318
2021 : BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	2021-12-31	$225,230
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$25,861
Total income from all sources (including contributions)	2021-12-31	$3,765,400
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$914,923
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$914,836
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$2,068,606
Value of total assets at end of year	2021-12-31	$18,308,774
Value of total assets at beginning of year	2021-12-31	$15,484,158
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$87
Total interest from all sources	2021-12-31	$11,051
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$1,816,678
Participant contributions at end of year	2021-12-31	$109,939
Participant contributions at beginning of year	2021-12-31	$107,891
Participant contributions at end of year	2021-12-31	$22,641
Participant contributions at beginning of year	2021-12-31	$65,843
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$25,861
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$2,850,477
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$18,308,774
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$15,458,297
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$83,039
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$14,311,049
Value of interest in pooled separate accounts at end of year	2021-12-31	$50
Interest on participant loans	2021-12-31	$5,605
Interest earned on other investments	2021-12-31	$5,446
Value of interest in common/collective trusts at end of year	2021-12-31	$17,813,654
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$27,523
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$617,592
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,701,980
Net investment gain or loss from common/collective trusts	2021-12-31	$-16,237
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$251,928
Employer contributions (assets) at end of year	2021-12-31	$251,928
Employer contributions (assets) at beginning of year	2021-12-31	$381,783
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$914,836
Contract administrator fees	2021-12-31	$87
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	2021-12-31	Yes
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	PENSION ASSURANCE LLP
Accountancy firm EIN	2021-12-31	300840934
2020 : BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$25,861
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$3,056
Total income from all sources (including contributions)	2020-12-31	$4,593,014
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$776,454
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$750,113
Expenses. Certain deemed distributions of participant loans	2020-12-31	$1,223
Value of total corrective distributions	2020-12-31	$3,103
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,570,106
Value of total assets at end of year	2020-12-31	$15,484,158
Value of total assets at beginning of year	2020-12-31	$11,644,793
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$22,015
Total interest from all sources	2020-12-31	$5,184
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$22,015
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
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	$1,820,765
Participant contributions at end of year	2020-12-31	$107,891
Participant contributions at beginning of year	2020-12-31	$108,805
Participant contributions at end of year	2020-12-31	$65,843
Participant contributions at beginning of year	2020-12-31	$4,756
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$365,082
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$25,861
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$3,056
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	$3,816,560
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$15,458,297
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$11,641,737
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	$14,311,049
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$11,117,176
Interest on participant loans	2020-12-31	$5,184
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$617,592
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$119,826
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$2,017,724
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	Yes
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	$384,259
Employer contributions (assets) at end of year	2020-12-31	$381,783
Employer contributions (assets) at beginning of year	2020-12-31	$294,230
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$750,113
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	Unqualified
Accountancy firm name	2020-12-31	PENSION ASSURANCE LLP
Accountancy firm EIN	2020-12-31	300840934
2019 : BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$7,179,943
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$3,056
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$213
Total income from all sources (including contributions)	2019-12-31	$3,942,805
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$497,349
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$425,250
Expenses. Certain deemed distributions of participant loans	2019-12-31	$56,502
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,070,961
Value of total assets at end of year	2019-12-31	$11,644,479
Value of total assets at beginning of year	2019-12-31	$1,016,237
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$15,597
Total interest from all sources	2019-12-31	$5,979
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	$6,447
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$1,435,781
Participant contributions at end of year	2019-12-31	$108,805
Participant contributions at beginning of year	2019-12-31	$11,781
Participant contributions at end of year	2019-12-31	$5,476
Participant contributions at beginning of year	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$341,984
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$3,056
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$213
Administrative expenses (other) incurred	2019-12-31	$9,150
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	$3,445,456
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$11,641,423
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,016,024
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 registered invesment companies (eg mutual funds) at end of year	2019-12-31	$11,237,002
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$971,824
Interest on participant loans	2019-12-31	$5,979
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$119,826
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,865,865
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	Yes
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	$293,196
Employer contributions (assets) at end of year	2019-12-31	$293,196
Employer contributions (assets) at beginning of year	2019-12-31	$32,632
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$425,250
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	PENSION ASSURANCE LLP
Accountancy firm EIN	2019-12-31	300840934

Form 5500 Responses for BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V

2022: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
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: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
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: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
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: BAKER ELECTRIC 401(K) RETIREMENT SAVINGS PLAN V 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	Yes
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
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

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

537932

Policy instance

Insurance contract or identification number	537932
Number of Individuals Covered	340
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 $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

467968

Policy instance

Insurance contract or identification number	467968
Number of Individuals Covered	340
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 $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

537932

Policy instance

Insurance contract or identification number	537932
Number of Individuals Covered	485
Insurance policy start date	2021-12-01
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 $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

467968

Policy instance

Insurance contract or identification number	467968
Number of Individuals Covered	485
Insurance policy start date	2021-12-01
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 $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

361-80042

Policy instance

Insurance contract or identification number	361-80042
Number of Individuals Covered	424
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $2,585
Total amount of fees paid to insurance company	USD $0
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $2,585
Insurance broker organization code?	3

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

361-80042

Policy instance

Insurance contract or identification number	361-80042
Number of Individuals Covered	316
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $634
Total amount of fees paid to insurance company	USD $0
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $634
Insurance broker organization code?	3

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	BAKER ELECTRIC & RENEWABLES LLC
Employer identification number (EIN):	951853701
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors