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HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameHEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN
Plan identification number 001

HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)

401k Sponsoring company profile

HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS TRUST FUND has sponsored the creation of one or more 401k plans.

Company Name:HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS TRUST FUND
Employer identification number (EIN):932682845
NAIC Classification:238220
NAIC Description:Plumbing, Heating, and Air-Conditioning Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-07-01

Plan Statistics for HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN

Measure Date Value
2023: HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN 2023 401k membership
Total participants, beginning-of-year2023-07-010
Total number of active participants reported on line 7a of the Form 55002023-07-01248
Number of retired or separated participants receiving benefits2023-07-010
Number of other retired or separated participants entitled to future benefits2023-07-010
Total of all active and inactive participants2023-07-01248
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-07-010
Total participants2023-07-01248
Number of participants with account balances2023-07-01248
Number of employers contributing to the scheme2023-07-0122

Financial Data on HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN

Measure Date Value
2023 : HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN 2023 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$20,982
Total income from all sources (including contributions)2023-12-31$190,575
Total of all expenses incurred2023-12-31$30,182
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$190,487
Value of total assets at end of year2023-12-31$181,375
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$30,182
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 bond2023-12-31No
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Other income not declared elsewhere2023-12-31$88
Administrative expenses (other) incurred2023-12-31$986
Liabilities. Value of operating payables at end of year2023-12-31$20,982
Total non interest bearing cash at end of year2023-12-31$144,298
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$160,393
Value of net assets at end of year (total assets less liabilities)2023-12-31$160,393
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
Investment advisory and management fees2023-12-31$10,417
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$190,487
Employer contributions (assets) at end of year2023-12-31$32,910
Contract administrator fees2023-12-31$8,750
Assets. Value of buildings and other operty used in plan operation at end of year2023-12-31$4,167
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 name2023-12-31BENDA, GRACE, STULZ & CO., P.C.
Accountancy firm EIN2023-12-31382284921

Form 5500 Responses for HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN

2023: HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN 2023 form 5500 responses
2023-07-01Type of plan entityMulti-employer plan
2023-07-01First time form 5500 has been submittedYes
2023-07-01Submission has been amendedYes
2023-07-01This return/report is a short plan year return/report (less than 12 months)Yes
2023-07-01Plan is a collectively bargained planYes
2023-07-01Plan funding arrangement – TrustYes
2023-07-01Plan benefit arrangement - TrustYes

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