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CGI ELECTRIC 401(K) PLAN 401k Plan overview

Plan NameCGI ELECTRIC 401(K) PLAN
Plan identification number 001

CGI ELECTRIC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.

401k Sponsoring company profile

CONTRACTORS GROUP INC. DBA CGI ELECTRIC has sponsored the creation of one or more 401k plans.

Company Name:CONTRACTORS GROUP INC. DBA CGI ELECTRIC
Employer identification number (EIN):161709028
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CGI ELECTRIC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01
0012021-01-01
0012021-01-01STEVE CATHEY
0012020-01-01
0012020-01-01
0012019-01-01BARBARA GILMORE2020-10-12
0012019-01-01BARBARA GILMORE2020-12-03
0012018-01-01STEVE CATHEY2019-03-11
0012017-01-01STEVE CATHEY2018-06-29
0012016-01-01CONNIE CATHEY
0012015-01-01CONNIE CATHEY
0012014-01-01CONNIE CATHEY
0012013-01-01CONNIE CATHEY
0012012-01-01CONNIE CATHEY CONNIE CATHEY2013-10-01
0012011-01-01CONNIE CATHEY
0012009-01-01CONNIE CATHEY
0012009-01-01 CONNIE CATHEY2010-10-14

Financial Data on CGI ELECTRIC 401(K) PLAN

Measure Date Value
2021 : CGI ELECTRIC 401(K) 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$327,337
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$128,948
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$126,716
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$207,825
Value of total assets at end of year2021-12-31$1,150,147
Value of total assets at beginning of year2021-12-31$951,758
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,232
Total interest from all sources2021-12-31$220
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 year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$200,000
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$148,155
Participant contributions at end of year2021-12-31$11,053
Participant contributions at beginning of year2021-12-31$4,225
Participant contributions at end of year2021-12-31$81
Participant contributions at beginning of year2021-12-31$2,248
Administrative expenses (other) incurred2021-12-31$2,232
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$198,389
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,150,147
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$951,758
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$1,107,889
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$926,386
Interest on participant loans2021-12-31$220
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$31,084
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$17,878
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$119,292
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 contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$59,670
Employer contributions (assets) at end of year2021-12-31$40
Employer contributions (assets) at beginning of year2021-12-31$1,021
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$126,716
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 name2021-12-31RODEFER MOSS & CO, PLLC
Accountancy firm EIN2021-12-31621690032
2020 : CGI ELECTRIC 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$368,846
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$55,227
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$55,227
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$253,460
Value of total assets at end of year2020-12-31$951,882
Value of total assets at beginning of year2020-12-31$638,263
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$0
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Administrative expenses professional fees incurred2020-12-31$7,082
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$200,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$155,225
Participant contributions at end of year2020-12-31$4,225
Participant contributions at beginning of year2020-12-31$9,434
Participant contributions at end of year2020-12-31$2,109
Participant contributions at beginning of year2020-12-31$19
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$37,990
Other income not declared elsewhere2020-12-31$348
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$313,619
Value of net assets at end of year (total assets less liabilities)2020-12-31$951,882
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$638,263
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$930,834
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$627,947
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$17,878
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$10,260
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$115,386
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$60,245
Employer contributions (assets) at end of year2020-12-31$1,061
Employer contributions (assets) at beginning of year2020-12-31$37
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$55,227
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31RODEFER MOSS & CO, PLLC
Accountancy firm EIN2020-12-31621690032
2016 : CGI ELECTRIC 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$63,178
Expenses. Total of all expenses incurred2016-12-31$21,950
Benefits paid (including direct rollovers)2016-12-31$19,487
Total plan assets at end of year2016-12-31$247,486
Total plan assets at beginning of year2016-12-31$206,258
Value of fidelity bond covering the plan2016-12-31$50,000
Total contributions received or receivable from participants2016-12-31$45,680
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$17,498
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$41,228
Net plan assets at end of year (total assets less liabilities)2016-12-31$247,486
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$206,258
Assets. Value of participant loans2016-12-31$3,112
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$2,463
2015 : CGI ELECTRIC 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$34,838
Expenses. Total of all expenses incurred2015-12-31$7,737
Benefits paid (including direct rollovers)2015-12-31$5,588
Total plan assets at end of year2015-12-31$206,258
Total plan assets at beginning of year2015-12-31$179,157
Value of fidelity bond covering the plan2015-12-31$50,000
Total contributions received or receivable from participants2015-12-31$35,433
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-595
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$27,101
Net plan assets at end of year (total assets less liabilities)2015-12-31$206,258
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$179,157
Assets. Value of participant loans2015-12-31$4,287
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$2,149
2014 : CGI ELECTRIC 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$36,004
Expenses. Total of all expenses incurred2014-12-31$15,415
Benefits paid (including direct rollovers)2014-12-31$13,505
Total plan assets at end of year2014-12-31$179,157
Total plan assets at beginning of year2014-12-31$158,568
Value of fidelity bond covering the plan2014-12-31$50,000
Total contributions received or receivable from participants2014-12-31$27,035
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$8,969
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$20,589
Net plan assets at end of year (total assets less liabilities)2014-12-31$179,157
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$158,568
Assets. Value of participant loans2014-12-31$5,434
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$1,910
2013 : CGI ELECTRIC 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$42,215
Expenses. Total of all expenses incurred2013-12-31$13,855
Benefits paid (including direct rollovers)2013-12-31$11,987
Total plan assets at end of year2013-12-31$158,568
Total plan assets at beginning of year2013-12-31$130,208
Value of fidelity bond covering the plan2013-12-31$50,000
Total contributions received or receivable from participants2013-12-31$18,984
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$23,231
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$28,360
Net plan assets at end of year (total assets less liabilities)2013-12-31$158,568
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$130,208
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$1,868
2012 : CGI ELECTRIC 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$30,305
Expenses. Total of all expenses incurred2012-12-31$1,893
Benefits paid (including direct rollovers)2012-12-31$190
Total plan assets at end of year2012-12-31$130,208
Total plan assets at beginning of year2012-12-31$101,796
Value of fidelity bond covering the plan2012-12-31$50,000
Total contributions received or receivable from participants2012-12-31$16,715
Other income received2012-12-31$13,590
Net income (gross income less expenses)2012-12-31$28,412
Net plan assets at end of year (total assets less liabilities)2012-12-31$130,208
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$101,796
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$1,703
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : CGI ELECTRIC 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$10,880
Expenses. Total of all expenses incurred2011-12-31$10,316
Benefits paid (including direct rollovers)2011-12-31$7,690
Total plan assets at end of year2011-12-31$101,796
Total plan assets at beginning of year2011-12-31$101,232
Value of fidelity bond covering the plan2011-12-31$50,000
Total contributions received or receivable from participants2011-12-31$13,924
Other income received2011-12-31$-3,044
Net income (gross income less expenses)2011-12-31$564
Net plan assets at end of year (total assets less liabilities)2011-12-31$101,796
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$101,232
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$2,626
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : CGI ELECTRIC 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$40,089
Expenses. Total of all expenses incurred2010-12-31$5,815
Benefits paid (including direct rollovers)2010-12-31$4,135
Total plan assets at end of year2010-12-31$101,232
Total plan assets at beginning of year2010-12-31$66,958
Value of fidelity bond covering the plan2010-12-31$50,000
Total contributions received or receivable from participants2010-12-31$28,691
Other income received2010-12-31$11,350
Net income (gross income less expenses)2010-12-31$34,274
Net plan assets at end of year (total assets less liabilities)2010-12-31$101,232
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$66,958
Total contributions received or receivable from employer(s)2010-12-31$48
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$1,680
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : CGI ELECTRIC 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for CGI ELECTRIC 401(K) PLAN

2021: CGI ELECTRIC 401(K) 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 – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: CGI ELECTRIC 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2016: CGI ELECTRIC 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: CGI ELECTRIC 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: CGI ELECTRIC 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: CGI ELECTRIC 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: CGI ELECTRIC 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CGI ELECTRIC 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: CGI ELECTRIC 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberGA-842225
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberGA-842225
Policy instance 1

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