Logo

WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameWAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN
Plan identification number 001

WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • 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

WAGSTAFF CRANE AND RIGGING, LLC has sponsored the creation of one or more 401k plans.

Company Name:WAGSTAFF CRANE AND RIGGING, LLC
Employer identification number (EIN):843986311
NAIC Classification:532400
NAIC Description: Commercial and Industrial Machinery and Equipment Rental and Leasing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01PETER MORSEON2024-06-21
0012022-01-01
0012021-01-01

Plan Statistics for WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01120
Total number of active participants reported on line 7a of the Form 55002022-01-01102
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0123
Total of all active and inactive participants2022-01-01125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01125
Number of participants with account balances2022-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01121
Total number of active participants reported on line 7a of the Form 55002021-01-0193
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0126
Total of all active and inactive participants2021-01-01119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01119
Number of participants with account balances2021-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012

Financial Data on WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
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$0
Total income from all sources (including contributions)2022-12-31$-1,002,392
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$277,613
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$178,424
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$732,665
Value of total assets at end of year2022-12-31$9,288,070
Value of total assets at beginning of year2022-12-31$10,568,075
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$99,189
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$185,178
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$185,178
Administrative expenses professional fees incurred2022-12-31$99,189
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$491,092
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$743
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$203
Total non interest bearing cash at end of year2022-12-31$32,249
Total non interest bearing cash at beginning of year2022-12-31$130
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,280,005
Value of net assets at end of year (total assets less liabilities)2022-12-31$9,288,070
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$10,568,075
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$9,114,328
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$10,416,105
Interest earned on other investments2022-12-31$349
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$141,493
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$120,677
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$120,677
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,920,235
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$241,573
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$30,217
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$178,424
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CRAIG, FITZSIMMONS & MEYER, LLP
Accountancy firm EIN2022-12-31112442493
2021 : WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
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$0
Total income from all sources (including contributions)2021-12-31$1,627,639
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$224,924
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$125,315
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$532,318
Value of total assets at end of year2021-12-31$10,568,075
Value of total assets at beginning of year2021-12-31$9,165,360
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$99,609
Total interest from all sources2021-12-31$203
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$173,416
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$173,416
Administrative expenses professional fees incurred2021-12-31$99,609
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$323,639
Participant contributions at end of year2021-12-31$743
Participant contributions at beginning of year2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$203
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$0
Total non interest bearing cash at end of year2021-12-31$130
Total non interest bearing cash at beginning of year2021-12-31$13,312
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,402,715
Value of net assets at end of year (total assets less liabilities)2021-12-31$10,568,075
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$9,165,360
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$10,416,105
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$8,564,046
Interest earned on other investments2021-12-31$203
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$120,677
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$113,503
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$113,503
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$921,702
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$208,679
Employer contributions (assets) at end of year2021-12-31$30,217
Employer contributions (assets) at beginning of year2021-12-31$474,499
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$125,315
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CRAIG, FITZSIMMONS & MEYER, LLP
Accountancy firm EIN2021-12-31112442493

Form 5500 Responses for WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN

2022: WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: WAGSTAFF CRANE AND RIGGING, LLC 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes

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

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1