401k Plan data: TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN plan

TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	002

TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

TURMAN CONSTRUCTION COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: TURMAN CONSTRUCTION COMPANY, INC.

Employer identification number (EIN): 952306357

NAIC Classification: 237990
NAIC Description: Other Heavy and Civil Engineering Construction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01
002 2016-01-01
002 2015-01-01 JEFF TURMAN 2016-10-10 JEFF TURMAN 2016-10-10
002 2014-01-01 JEFF TURMAN 2015-07-31 JEFF TURMAN 2015-07-31
002 2013-01-01 JEFF TURMAN 2014-07-30 JEFF TURMAN 2014-07-30
002 2012-01-01 JEFF TURMAN JEFF TURMAN 2013-07-22
002 2011-01-01 JEFF TURMAN 2012-07-11 JEFF TURMAN 2012-07-11
002 2010-01-01 JEFF TURMAN 2011-06-27 JEFF TURMAN 2011-06-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01
002	2016-01-01
002	2015-01-01	JEFF TURMAN	2016-10-10	JEFF TURMAN	2016-10-10
002	2014-01-01	JEFF TURMAN	2015-07-31	JEFF TURMAN	2015-07-31
002	2013-01-01	JEFF TURMAN	2014-07-30	JEFF TURMAN	2014-07-30
002	2012-01-01	JEFF TURMAN		JEFF TURMAN	2013-07-22
002	2011-01-01	JEFF TURMAN	2012-07-11	JEFF TURMAN	2012-07-11
002	2010-01-01	JEFF TURMAN	2011-06-27	JEFF TURMAN	2011-06-27

Plan Statistics for TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2012: TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 24
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 22
Number of other retired or separated participants entitled to future benefits 2012-01-01 2
Total of all active and inactive participants 2012-01-01 24
Total participants 2012-01-01 24
Number of participants with account balances 2012-01-01 20

Measure	Date	Value
2012: TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	24
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	22
Number of other retired or separated participants entitled to future benefits	2012-01-01	2
Total of all active and inactive participants	2012-01-01	24
Total participants	2012-01-01	24
Number of participants with account balances	2012-01-01	20

Financial Data on TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2012 : TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$172,789
Expenses. Total of all expenses incurred	2012-12-31	$1,197,909
Benefits paid (including direct rollovers)	2012-12-31	$1,172,370
Total plan assets at end of year	2012-12-31	$934,878
Total plan assets at beginning of year	2012-12-31	$1,959,998
Value of fidelity bond covering the plan	2012-12-31	$250,000
Total contributions received or receivable from participants	2012-12-31	$53,939
Assets. Value of loans (other than to participants)	2012-12-31	$16,683
Expenses. Other expenses not covered elsewhere	2012-12-31	$15,083
Other income received	2012-12-31	$118,850
Net income (gross income less expenses)	2012-12-31	$-1,025,120
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$934,878
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,959,998
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$10,456

Form 5500 Responses for TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN

2012: TURMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	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

54672

Policy instance

Insurance contract or identification number	54672
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $5,654
Total amount of fees paid to insurance company	USD $300
Amount paid for insurance broker fees	300
Additional information about fees paid to insurance broker	DISTRIBUTIONS
Insurance broker organization code?	5
Commission paid to Insurance Broker	USD $3,093
Insurance broker name	PSI INSURANCE SERVICES, INC.

TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67121 )

Policy contract number

65001759

Policy instance

Insurance contract or identification number	65001759
Number of Individuals Covered	2
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	Yes

Potentially related plans

TURMAN CONSTRUCTION LLC SAVINGS AND PROFIT SHARING PLAN [EIN = 261621615]

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Company Name:	TURMAN CONSTRUCTION COMPANY, INC.
Employer identification number (EIN):	952306357
NAIC Classification:	237990
NAIC Description:	Other Heavy and Civil Engineering Construction