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CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameCULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN
Plan identification number 001

CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
  • 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.
  • 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

CULY CONSTRUCTION & EXCAVATING, INC . has sponsored the creation of one or more 401k plans.

Company Name:CULY CONSTRUCTION & EXCAVATING, INC .
Employer identification number (EIN):351626214
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01BRANDY WARREN BRANDY WARREN2016-10-13
0012014-01-01BRANDY WARREN
0012013-01-01BRANDY WAREN2014-06-25 BRANDY WARREN2014-06-25
0012012-01-01RONALD CULY2013-07-17 RONALD CULY2013-07-17
0012011-01-01RON CULY2012-10-11 RON CULY2012-10-11
0012010-01-01SHERRY OVERMYER2011-07-13 SHERRY OVERMYER2011-07-13

Plan Statistics for CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2015: CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01187
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01196
Total number of active participants reported on line 7a of the Form 55002014-01-01150
Number of retired or separated participants receiving benefits2014-01-0111
Number of other retired or separated participants entitled to future benefits2014-01-0127
Total of all active and inactive participants2014-01-01188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01188
Number of participants with account balances2014-01-01186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2015 : CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$373,267
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$1,822,705
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,804,905
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$396,000
Value of total assets at end of year2015-12-31$0
Value of total assets at beginning of year2015-12-31$1,449,438
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$17,800
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31Yes
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$130,078
Participant contributions at beginning of year2015-12-31$9
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$1,789
Administrative expenses (other) incurred2015-12-31$10,761
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-1,449,438
Value of net assets at end of year (total assets less liabilities)2015-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$1,449,438
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$0
Value of interest in pooled separate accounts at beginning of year2015-12-31$1,121,684
Net investment gain/loss from pooled separate accounts2015-12-31$-22,733
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$264,133
Employer contributions (assets) at beginning of year2015-12-31$327,745
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,804,905
Contract administrator fees2015-12-31$7,039
Did the plan have assets held for investment2015-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31WHITINGER & COMPANY, LLC
Accountancy firm EIN2015-12-31350905017
2014 : CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$586,459
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$186,005
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$173,304
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$528,399
Value of total assets at end of year2014-12-31$1,449,438
Value of total assets at beginning of year2014-12-31$1,048,984
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$12,701
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$174,463
Participant contributions at end of year2014-12-31$9
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$26,191
Administrative expenses (other) incurred2014-12-31$4,869
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$400,454
Value of net assets at end of year (total assets less liabilities)2014-12-31$1,449,438
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$1,048,984
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in pooled separate accounts at end of year2014-12-31$1,121,684
Value of interest in pooled separate accounts at beginning of year2014-12-31$757,253
Net investment gain/loss from pooled separate accounts2014-12-31$58,060
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$327,745
Employer contributions (assets) at end of year2014-12-31$327,745
Employer contributions (assets) at beginning of year2014-12-31$291,731
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$173,304
Contract administrator fees2014-12-31$7,832
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31WHITINGER & COMPANY, LLC
Accountancy firm EIN2014-12-31350905017

Form 5500 Responses for CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS PLAN

2015: CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS 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 filingYes
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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: CULY CONSTRUCTION & EXCAVATING, INC. RETIREMENT SAVINGS 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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number108539
Policy instance 1
Insurance contract or identification number108539
Number of Individuals Covered0
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $6,087
Total amount of fees paid to insurance companyUSD $11,516
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $6,087
Insurance broker organization code?3
Amount paid for insurance broker fees11516
Additional information about fees paid to insurance brokerSALES/MKTG/FEES
Insurance broker nameASCENSUS CONSULTING
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number108539
Policy instance 1
Insurance contract or identification number108539
Number of Individuals Covered186
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $4,292
Total amount of fees paid to insurance companyUSD $5,407
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $4,292
Insurance broker organization code?3
Amount paid for insurance broker fees5407
Additional information about fees paid to insurance brokerSALES/MKTG/FEES
Insurance broker nameASCENSUS CONSULTING

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