401k Plan data: SKRAPITS CONCRETE, INC. 401(K) PLAN plan

SKRAPITS CONCRETE, INC. 401(K) PLAN 401k Plan overview

Plan Name	SKRAPITS CONCRETE, INC. 401(K) PLAN
Plan identification number	002

SKRAPITS CONCRETE, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.

401k Sponsoring company profile

SKRAPITS CONCRETE, INC. has sponsored the creation of one or more 401k plans.

Company Name: SKRAPITS CONCRETE, INC.

Employer identification number (EIN): 231738685

NAIC Classification: 236110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SKRAPITS CONCRETE, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 MAGDALINA OSZTROSITS 2023-07-31
002 2021-01-01 MAGDALINA OSZTROSITS 2022-07-19 MAGDALINA OSZTROSITS 2022-07-19
002 2020-01-01 MAGDALINA OSZTROSITS 2021-10-11
002 2019-01-01 MAGGIE OSZTROSITS 2020-10-22
002 2018-01-01 MAGGIE OSZTROSITS 2019-07-23
002 2017-01-01 MAGGIE OSZTROSITS 2018-07-12
002 2016-01-01 MAGGIE OSZTROSITS 2017-06-08
002 2015-01-01 MAGGIE OSZTROSITS 2016-06-15
002 2014-01-01 MAGGIE OSZTROSITS
002 2013-01-01 MAGGIE OSZTROSITS MAGGIE OSZTROSITS 2014-07-08

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	MAGDALINA OSZTROSITS	2023-07-31
002	2021-01-01	MAGDALINA OSZTROSITS	2022-07-19	MAGDALINA OSZTROSITS	2022-07-19
002	2020-01-01	MAGDALINA OSZTROSITS	2021-10-11
002	2019-01-01	MAGGIE OSZTROSITS	2020-10-22
002	2018-01-01	MAGGIE OSZTROSITS	2019-07-23
002	2017-01-01	MAGGIE OSZTROSITS	2018-07-12
002	2016-01-01	MAGGIE OSZTROSITS	2017-06-08
002	2015-01-01	MAGGIE OSZTROSITS	2016-06-15
002	2014-01-01	MAGGIE OSZTROSITS
002	2013-01-01	MAGGIE OSZTROSITS		MAGGIE OSZTROSITS	2014-07-08

Plan Statistics for SKRAPITS CONCRETE, INC. 401(K) PLAN

401k plan membership statisitcs for SKRAPITS CONCRETE, INC. 401(K) PLAN

Measure Date Value
2014: SKRAPITS CONCRETE, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 21
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 12
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 9
Total of all active and inactive participants 2014-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 21
Number of participants with account balances 2014-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1
2013: SKRAPITS CONCRETE, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 21
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 4
Total of all active and inactive participants 2013-01-01 25
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 25
Number of participants with account balances 2013-01-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2014: SKRAPITS CONCRETE, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	21
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	12
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	9
Total of all active and inactive participants	2014-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	21
Number of participants with account balances	2014-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1
2013: SKRAPITS CONCRETE, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	21
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	4
Total of all active and inactive participants	2013-01-01	25
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	25
Number of participants with account balances	2013-01-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on SKRAPITS CONCRETE, INC. 401(K) PLAN

Measure	Date	Value
2014 : SKRAPITS CONCRETE, INC. 401(K) PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total income from all sources	2014-12-31	$59,498
Expenses. Total of all expenses incurred	2014-12-31	$212,474
Benefits paid (including direct rollovers)	2014-12-31	$212,202
Total plan assets at end of year	2014-12-31	$1,627,719
Total plan assets at beginning of year	2014-12-31	$1,780,695
Total contributions received or receivable from participants	2014-12-31	$7,781
Expenses. Other expenses not covered elsewhere	2014-12-31	$272
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$51,717
Net income (gross income less expenses)	2014-12-31	$-152,976
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,627,719
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,780,695
Assets. Value of participant loans	2014-12-31	$328,775
Total contributions received or receivable from employer(s)	2014-12-31	$0
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2014-12-31	$0
Minimum employer required contribution for this plan year	2014-12-31	$0
Amount contributed by the employer to the plan for this plan year	2014-12-31	$0
2013 : SKRAPITS CONCRETE, INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total income from all sources	2013-12-31	$227,233
Expenses. Total of all expenses incurred	2013-12-31	$32,186
Benefits paid (including direct rollovers)	2013-12-31	$31,910
Total plan assets at end of year	2013-12-31	$1,780,695
Total plan assets at beginning of year	2013-12-31	$1,585,648
Total contributions received or receivable from participants	2013-12-31	$7,370
Expenses. Other expenses not covered elsewhere	2013-12-31	$276
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$219,863
Net income (gross income less expenses)	2013-12-31	$195,047
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,780,695
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,585,648
Assets. Value of participant loans	2013-12-31	$329,151
Total contributions received or receivable from employer(s)	2013-12-31	$0
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2013-12-31	$0
Minimum employer required contribution for this plan year	2013-12-31	$0
Amount contributed by the employer to the plan for this plan year	2013-12-31	$0

Form 5500 Responses for SKRAPITS CONCRETE, INC. 401(K) PLAN

2014: SKRAPITS CONCRETE, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2013: SKRAPITS CONCRETE, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

GA-022189

Policy instance

Insurance contract or identification number	GA-022189
Number of Individuals Covered	19
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $3,549
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,651
Insurance broker organization code?	3
Insurance broker name	WELLS FARGO WEALTH BROKERAGE INS

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

GA-022189

Policy instance

Insurance contract or identification number	GA-022189
Number of Individuals Covered	20
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Total amount of commissions paid to insurance broker	USD $3,272
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $3,272
Insurance broker organization code?	3
Insurance broker name	WELLS FARGO WEALTH BRKG INS AGY

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

Company Name:	SKRAPITS CONCRETE, INC.
Employer identification number (EIN):	231738685
NAIC Classification:	236110