SCOTT & REID GENERAL CONTRACTORS, INC. has sponsored the creation of one or more 401k plans.
Additional information about SCOTT & REID GENERAL CONTRACTORS, INC.
Submission information for form 5500 for 401k plan SCOTT & REID GENERAL CONTRACTORS, INC. 401(K) PLAN
401k plan membership statisitcs for SCOTT & REID GENERAL CONTRACTORS, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2022 : SCOTT & REID GENERAL CONTRACTORS, INC. 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $-1,022,131 |
| Total of all expenses incurred | 2022-12-31 | $874,995 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $825,300 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $890,735 |
| Value of total assets at end of year | 2022-12-31 | $6,788,352 |
| Value of total assets at beginning of year | 2022-12-31 | $8,685,478 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $49,695 |
| Total interest from all sources | 2022-12-31 | $1,996 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| 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 | $0 |
| 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 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $746,552 |
| Participant contributions at end of year | 2022-12-31 | $35,208 |
| Participant contributions at beginning of year | 2022-12-31 | $41,006 |
| Participant contributions at end of year | 2022-12-31 | $30,148 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $89,211 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
| Total non interest bearing cash at end of year | 2022-12-31 | $12,302 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $29,971 |
| 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 | $-1,897,126 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,788,352 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,685,478 |
| 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 | $5,584,984 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $8,614,501 |
| Interest on participant loans | 2022-12-31 | $1,996 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $1,122,695 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,914,862 |
| 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 | No |
| 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 | $54,972 |
| Employer contributions (assets) at end of year | 2022-12-31 | $3,015 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $825,300 |
| Contract administrator fees | 2022-12-31 | $49,695 |
| 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 | 2022-12-31 | Yes |
| 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 | PRICE KUBECKA, PLLC |
| Accountancy firm EIN | 2022-12-31 | 752783674 |
| 2021 : SCOTT & REID GENERAL CONTRACTORS, INC. 401(K) PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $1,936,683 |
| Total of all expenses incurred | 2021-12-31 | $603,996 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $534,883 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $0 |
| Value of total corrective distributions | 2021-12-31 | $6,957 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $926,174 |
| Value of total assets at end of year | 2021-12-31 | $8,685,478 |
| Value of total assets at beginning of year | 2021-12-31 | $7,352,791 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $62,156 |
| Total interest from all sources | 2021-12-31 | $2,854 |
| 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 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $0 |
| 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 | No |
| 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 | $666,879 |
| Participant contributions at end of year | 2021-12-31 | $41,006 |
| Participant contributions at beginning of year | 2021-12-31 | $36,635 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $193,014 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $0 |
| Total non interest bearing cash at end of year | 2021-12-31 | $29,971 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $26,947 |
| 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 | $1,332,687 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,685,478 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $7,352,791 |
| 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 pooled separate accounts at end of year | 2021-12-31 | $8,614,501 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $7,289,209 |
| Interest on participant loans | 2021-12-31 | $2,854 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,007,655 |
| 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 | No |
| 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 | $66,281 |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $534,883 |
| Contract administrator fees | 2021-12-31 | $62,156 |
| 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 | PRICEKUBECKA, PLLC |
| Accountancy firm EIN | 2021-12-31 | 752783674 |
| 2020 : SCOTT & REID GENERAL CONTRACTORS, INC. 401(K) PLAN 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-12-31 | $1,811,742 |
| Total of all expenses incurred | 2020-12-31 | $1,480,114 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,417,829 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $10,205 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $671,359 |
| Value of total assets at end of year | 2020-12-31 | $7,352,791 |
| Value of total assets at beginning of year | 2020-12-31 | $7,021,163 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $52,080 |
| Total interest from all sources | 2020-12-31 | $3,306 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
| 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 | $584,025 |
| Participant contributions at end of year | 2020-12-31 | $36,635 |
| Participant contributions at beginning of year | 2020-12-31 | $60,406 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $28,281 |
| Total non interest bearing cash at end of year | 2020-12-31 | $26,947 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $21,614 |
| 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 | $331,628 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $7,352,791 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $7,021,163 |
| 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 pooled separate accounts at end of year | 2020-12-31 | $7,289,209 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $6,939,143 |
| Interest on participant loans | 2020-12-31 | $3,306 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,137,077 |
| 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 | No |
| 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 | $59,053 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,417,829 |
| Contract administrator fees | 2020-12-31 | $52,080 |
| 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 | PRICEKUBECKA, PLLC |
| Accountancy firm EIN | 2020-12-31 | 752783674 |
