BYERS ELECTRICAL CONSTRUCTION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BYERS ELECTRICAL CONSTRUCTION 401(K) PLAN
| Measure | Date | Value |
|---|
| 2025 : BYERS ELECTRICAL CONSTRUCTION 401(K) PLAN 2025 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2025-07-08 | 0 |
| Total liabilities as of the end of the plan year | 2025-07-08 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-07-08 | 0 |
| Total expenses incurred by plan in this plan year | 2025-07-08 | 871942 |
| Net assets as of the end of the plan year | 2025-07-08 | 6726431 |
| Total assets as of the beginning of the plan year | 2025-07-08 | 5758047 |
| Value of plan covered by a fidelity bond | 2025-07-08 | 500000 |
| Participant contributions to plan in this plan year | 2025-07-08 | 654029 |
| Value of participant loans at end of plan year | 2025-07-08 | 114908 |
| Other expenses paid from plan in this plan year | 2025-07-08 | 0 |
| Other contributions to plan in this plan year | 2025-07-08 | 0 |
| Other income to plan in this plan year | 2025-07-08 | 864246 |
| Plan net income in this plan year | 2025-07-08 | 968384 |
| Net assets as of the end of the plan year | 2025-07-08 | 6726431 |
| Net assets as of the beginning of the plan year | 2025-07-08 | 5758047 |
| Employer contributions to plan in this plan year | 2025-07-08 | 322051 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-07-08 | 45746 |
| 2024 : BYERS ELECTRICAL CONSTRUCTION 401(K) PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-09-27 | 0 |
| Total liabilities as of the end of the plan year | 2024-09-27 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-09-27 | 0 |
| Total expenses incurred by plan in this plan year | 2024-09-27 | 448565 |
| Net assets as of the end of the plan year | 2024-09-27 | 5758047 |
| Total assets as of the beginning of the plan year | 2024-09-27 | 4558116 |
| Value of plan covered by a fidelity bond | 2024-09-27 | 500000 |
| Participant contributions to plan in this plan year | 2024-09-27 | 519013 |
| Value of participant loans at end of plan year | 2024-09-27 | 88115 |
| Other expenses paid from plan in this plan year | 2024-09-27 | 0 |
| Other contributions to plan in this plan year | 2024-09-27 | 21168 |
| Other income to plan in this plan year | 2024-09-27 | 838217 |
| Plan net income in this plan year | 2024-09-27 | 1199931 |
| Net assets as of the end of the plan year | 2024-09-27 | 5758047 |
| Net assets as of the beginning of the plan year | 2024-09-27 | 4558116 |
| Value of contributions failed to transmitted timely | 2024-09-27 | 8100 |
| Employer contributions to plan in this plan year | 2024-09-27 | 270098 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-09-27 | 29218 |
| 2022 : BYERS ELECTRICAL CONSTRUCTION 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $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 | $-144,958 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $150,896 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $123,947 |
| Value of total corrective distributions | 2022-12-31 | $1,132 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $602,275 |
| Value of total assets at end of year | 2022-12-31 | $4,558,116 |
| Value of total assets at beginning of year | 2022-12-31 | $4,853,970 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $25,817 |
| Total interest from all sources | 2022-12-31 | $4,580 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $89,824 |
| 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 | $89,824 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $384,291 |
| Participant contributions at end of year | 2022-12-31 | $125,576 |
| Participant contributions at beginning of year | 2022-12-31 | $113,422 |
| Participant contributions at end of year | 2022-12-31 | $5,910 |
| Participant contributions at beginning of year | 2022-12-31 | $33,783 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $15,642 |
| Other income not declared elsewhere | 2022-12-31 | $1,725 |
| 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 | $-295,854 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,558,116 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,853,970 |
| 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 | $4,415,964 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $4,677,664 |
| Interest on participant loans | 2022-12-31 | $4,483 |
| Interest earned on other investments | 2022-12-31 | $97 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $7,381 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $12,228 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-843,362 |
| 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 | Yes |
| 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 | $202,342 |
| Employer contributions (assets) at end of year | 2022-12-31 | $3,285 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $16,873 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $123,947 |
| Contract administrator fees | 2022-12-31 | $25,817 |
| 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 | MARTINI & MARTINI, CPA, PA |
| Accountancy firm EIN | 2022-12-31 | 222417800 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-144,958 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $150,896 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $123,947 |
| Value of total corrective distributions | 2022-01-01 | $1,132 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $602,275 |
| Value of total assets at end of year | 2022-01-01 | $4,558,116 |
| Value of total assets at beginning of year | 2022-01-01 | $4,853,970 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $25,817 |
| Total interest from all sources | 2022-01-01 | $4,580 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $89,824 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $89,824 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $384,291 |
| Participant contributions at end of year | 2022-01-01 | $125,576 |
| Participant contributions at beginning of year | 2022-01-01 | $113,422 |
| Participant contributions at end of year | 2022-01-01 | $5,910 |
| Participant contributions at beginning of year | 2022-01-01 | $33,783 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $15,642 |
| Other income not declared elsewhere | 2022-01-01 | $1,725 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-295,854 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $4,558,116 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $4,853,970 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $4,415,964 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $4,677,664 |
| Interest on participant loans | 2022-01-01 | $4,483 |
| Interest earned on other investments | 2022-01-01 | $97 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $7,381 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $12,228 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-843,362 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $202,342 |
| Employer contributions (assets) at end of year | 2022-01-01 | $3,285 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $16,873 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $123,947 |
| Contract administrator fees | 2022-01-01 | $25,817 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | MARTINI & MARTINI, CPA, PA |
| Accountancy firm EIN | 2022-01-01 | 222417800 |
| 2021 : BYERS ELECTRICAL CONSTRUCTION 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $1,172,637 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,197,481 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,171,619 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $508,279 |
| Value of total assets at end of year | 2021-12-31 | $4,853,970 |
| Value of total assets at beginning of year | 2021-12-31 | $4,878,814 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $25,862 |
| Total interest from all sources | 2021-12-31 | $3,564 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $82,752 |
| 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 | $82,752 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $350,000 |
| 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 | $341,689 |
| Participant contributions at end of year | 2021-12-31 | $113,422 |
| Participant contributions at beginning of year | 2021-12-31 | $63,773 |
| Participant contributions at end of year | 2021-12-31 | $33,783 |
| Participant contributions at beginning of year | 2021-12-31 | $27,041 |
| 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 | $-24,844 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,853,970 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,878,814 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $4,677,664 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $4,757,192 |
| Interest on participant loans | 2021-12-31 | $3,411 |
| Interest earned on other investments | 2021-12-31 | $153 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $12,228 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $16,807 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $578,042 |
| 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 | $166,590 |
| Employer contributions (assets) at end of year | 2021-12-31 | $16,873 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $14,001 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,171,619 |
| Contract administrator fees | 2021-12-31 | $25,862 |
| 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 | MARTINI & MARTINI, CPA, PA |
| Accountancy firm EIN | 2021-12-31 | 222417800 |
