401k Plan data: KRAMER MECHANICAL 401(K) PLAN plan

KRAMER MECHANICAL 401(K) PLAN 401k Plan overview

Plan Name	KRAMER MECHANICAL 401(K) PLAN
Plan identification number	001

KRAMER MECHANICAL 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

KRAMER MECHANICAL PLUMBING AND HEATING INC. has sponsored the creation of one or more 401k plans.

Company Name: KRAMER MECHANICAL PLUMBING AND HEATING INC.

Employer identification number (EIN): 411857185

NAIC Classification: 238220
NAIC Description: Plumbing, Heating, and Air-Conditioning Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KRAMER MECHANICAL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01 MATT KRAMER 2022-06-17
001 2020-01-01 MATT KRAMER 2021-07-23
001 2019-01-01 MATT KRAMER 2020-10-01
001 2018-01-01 MATT KRAMER 2019-06-20

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01	MATT KRAMER	2022-06-17
001	2020-01-01	MATT KRAMER	2021-07-23
001	2019-01-01	MATT KRAMER	2020-10-01
001	2018-01-01	MATT KRAMER	2019-06-20

Plan Statistics for KRAMER MECHANICAL 401(K) PLAN

401k plan membership statisitcs for KRAMER MECHANICAL 401(K) PLAN

Measure Date Value
2023: KRAMER MECHANICAL 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 27
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 4
Total of all active and inactive participants 2023-01-01 31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 31
Number of participants with account balances 2023-01-01 31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: KRAMER MECHANICAL 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 31
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 27
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 7
Total of all active and inactive participants 2022-01-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 34
Number of participants with account balances 2022-01-01 33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0

Measure	Date	Value
2023: KRAMER MECHANICAL 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	27
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	4
Total of all active and inactive participants	2023-01-01	31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	31
Number of participants with account balances	2023-01-01	31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: KRAMER MECHANICAL 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	31
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	27
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	7
Total of all active and inactive participants	2022-01-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	34
Number of participants with account balances	2022-01-01	33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0

Financial Data on KRAMER MECHANICAL 401(K) PLAN

Measure	Date	Value
2023 : KRAMER MECHANICAL 401(K) PLAN 2023 401k financial data
Transfers to/from the plan	2023-12-31	$0
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$787,183
Expenses. Total of all expenses incurred	2023-12-31	$84,251
Benefits paid (including direct rollovers)	2023-12-31	$74,478
Total plan assets at end of year	2023-12-31	$2,361,813
Total plan assets at beginning of year	2023-12-31	$1,658,881
Value of fidelity bond covering the plan	2023-12-31	$200,000
Assets. Value of tangible personal property	2023-12-31	$0
Total contributions received or receivable from participants	2023-12-31	$313,615
Assets. Value of loans (other than to participants)	2023-12-31	$0
Expenses. Other expenses not covered elsewhere	2023-12-31	$0
Contributions received from other sources (not participants or employers)	2023-12-31	$3,800
Other income received	2023-12-31	$354,514
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$702,932
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$2,361,813
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$1,658,881
Assets. Value of participant loans	2023-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2023-12-31	$0
Assets. Value of real-estate (other than employer real property)	2023-12-31	$0
Assets. Value of employer securities	2023-12-31	$0
Assets. Value of employer real property	2023-12-31	$0
Total contributions received or receivable from employer(s)	2023-12-31	$115,254
Value of certain deemed distributions of participant loans	2023-12-31	$0
Value of corrective distributions	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$9,773
2022 : KRAMER MECHANICAL 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$80,675
Expenses. Total of all expenses incurred	2022-12-31	$26,791
Benefits paid (including direct rollovers)	2022-12-31	$25,737
Total plan assets at end of year	2022-12-31	$1,658,881
Total plan assets at beginning of year	2022-12-31	$1,604,997
Value of fidelity bond covering the plan	2022-12-31	$200,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$265,325
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$22,633
Other income received	2022-12-31	$-301,164
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$53,884
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,658,881
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$1,604,997
Assets. Value of participant loans	2022-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$93,881
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$1,054

Form 5500 Responses for KRAMER MECHANICAL 401(K) PLAN

2023: KRAMER MECHANICAL 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	This submission is the final filing	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: KRAMER MECHANICAL 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

UNION CENTRAL LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 80837 )

Policy contract number

336941

Policy instance

Insurance contract or identification number	336941
Number of Individuals Covered	0
Insurance policy start date	2022-01-01
Insurance policy end date	2022-10-16
Total amount of commissions paid to insurance broker	USD $6,461
Are there contracts with allocated funds for individual policies?	0
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?	No
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
Amount paid for insurance broker fees	6461

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Company Name:	KRAMER MECHANICAL PLUMBING AND HEATING INC.
Employer identification number (EIN):	411857185
NAIC Classification:	238220
NAIC Description:	Plumbing, Heating, and Air-Conditioning Contractors