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BUILDSMART HOLDING COMPANY 401k Plan overview

Plan NameBUILDSMART HOLDING COMPANY
Plan identification number 001

BUILDSMART HOLDING COMPANY Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

BUILDSMART HOLDING COMPANY has sponsored the creation of one or more 401k plans.

Company Name:BUILDSMART HOLDING COMPANY
Employer identification number (EIN):471933577
NAIC Classification:238900

Additional information about BUILDSMART HOLDING COMPANY

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 1984489

More information about BUILDSMART HOLDING COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUILDSMART HOLDING COMPANY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01DARRELL P. STALLINGS
0012017-01-01DARRELL P. STALLINGS
0012016-01-01DARRELL P. STALLINGS
0012015-01-01DARRELL P. STALLINGS
0012014-09-25DARRELL P. STALLINGS

Plan Statistics for BUILDSMART HOLDING COMPANY

401k plan membership statisitcs for BUILDSMART HOLDING COMPANY

Measure Date Value
2023: BUILDSMART HOLDING COMPANY 2023 401k membership
Total participants, beginning-of-year2023-01-011
Total number of active participants reported on line 7a of the Form 55002023-01-011
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-011
Number of participants with account balances2023-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: BUILDSMART HOLDING COMPANY 2022 401k membership
Total participants, beginning-of-year2022-01-011
Total number of active participants reported on line 7a of the Form 55002022-01-011
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-011
Number of participants with account balances2022-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: BUILDSMART HOLDING COMPANY 2021 401k membership
Total participants, beginning-of-year2021-01-011
Total number of active participants reported on line 7a of the Form 55002021-01-011
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-011
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: BUILDSMART HOLDING COMPANY 2020 401k membership
Total participants, beginning-of-year2020-01-011
Total number of active participants reported on line 7a of the Form 55002020-01-011
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011
Number of participants with account balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: BUILDSMART HOLDING COMPANY 2019 401k membership
Total participants, beginning-of-year2019-01-011
Total number of active participants reported on line 7a of the Form 55002019-01-011
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: BUILDSMART HOLDING COMPANY 2018 401k membership
Total participants, beginning-of-year2018-01-011
Total number of active participants reported on line 7a of the Form 55002018-01-011
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-011
Number of participants with account balances2018-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: BUILDSMART HOLDING COMPANY 2017 401k membership
Total participants, beginning-of-year2017-01-011
Total number of active participants reported on line 7a of the Form 55002017-01-011
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-011
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: BUILDSMART HOLDING COMPANY 2016 401k membership
Total participants, beginning-of-year2016-01-011
Total number of active participants reported on line 7a of the Form 55002016-01-011
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-011
Number of participants with account balances2016-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: BUILDSMART HOLDING COMPANY 2015 401k membership
Total participants, beginning-of-year2015-01-011
Total number of active participants reported on line 7a of the Form 55002015-01-011
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 participants2015-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-011
Number of participants with account balances2015-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BUILDSMART HOLDING COMPANY 2014 401k membership
Total participants, beginning-of-year2014-09-251
Total number of active participants reported on line 7a of the Form 55002014-09-251
Number of retired or separated participants receiving benefits2014-09-250
Number of other retired or separated participants entitled to future benefits2014-09-250
Total of all active and inactive participants2014-09-251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-09-250
Total participants2014-09-251
Number of participants with account balances2014-09-251
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-09-250

Financial Data on BUILDSMART HOLDING COMPANY

Measure Date Value
2023 : BUILDSMART HOLDING COMPANY 2023 401k financial data
Total income from all sources2023-12-31$-14,005
Expenses. Total of all expenses incurred2023-12-31$4,000
Benefits paid (including direct rollovers)2023-12-31$4,000
Total plan assets at end of year2023-12-31$7,405
Total plan assets at beginning of year2023-12-31$25,410
Other income received2023-12-31$-14,005
Net income (gross income less expenses)2023-12-31$-18,005
Net plan assets at end of year (total assets less liabilities)2023-12-31$7,405
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$25,410
Assets. Value of employer securities2023-12-31$6,050
2022 : BUILDSMART HOLDING COMPANY 2022 401k financial data
Total income from all sources2022-12-31$-43,199
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$25,410
Total plan assets at beginning of year2022-12-31$68,609
Other income received2022-12-31$-43,199
Net income (gross income less expenses)2022-12-31$-43,199
Net plan assets at end of year (total assets less liabilities)2022-12-31$25,410
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$68,609
Assets. Value of employer securities2022-12-31$20,150
2021 : BUILDSMART HOLDING COMPANY 2021 401k financial data
Total income from all sources2021-12-31$-1,167
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$68,609
Total plan assets at beginning of year2021-12-31$69,776
Value of fidelity bond covering the plan2021-12-31$20,000
Other income received2021-12-31$-1,167
Net income (gross income less expenses)2021-12-31$-1,167
Net plan assets at end of year (total assets less liabilities)2021-12-31$68,609
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$69,776
Assets. Value of employer securities2021-12-31$63,419
2020 : BUILDSMART HOLDING COMPANY 2020 401k financial data
Total income from all sources2020-12-31$64,600
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$69,776
Total plan assets at beginning of year2020-12-31$5,176
Value of fidelity bond covering the plan2020-12-31$20,000
Other income received2020-12-31$64,600
Net income (gross income less expenses)2020-12-31$64,600
Net plan assets at end of year (total assets less liabilities)2020-12-31$69,776
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$5,176
Assets. Value of employer securities2020-12-31$64,586
2019 : BUILDSMART HOLDING COMPANY 2019 401k financial data
Total income from all sources2019-12-31$-121,293
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$5,176
Total plan assets at beginning of year2019-12-31$126,469
Value of fidelity bond covering the plan2019-12-31$20,000
Other income received2019-12-31$-121,293
Net income (gross income less expenses)2019-12-31$-121,293
Net plan assets at end of year (total assets less liabilities)2019-12-31$5,176
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$126,469
Assets. Value of employer securities2019-12-31$0
2018 : BUILDSMART HOLDING COMPANY 2018 401k financial data
Total income from all sources2018-12-31$61
Expenses. Total of all expenses incurred2018-12-31$0
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$126,469
Total plan assets at beginning of year2018-12-31$126,408
Value of fidelity bond covering the plan2018-12-31$20,000
Total contributions received or receivable from participants2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$61
Net income (gross income less expenses)2018-12-31$61
Net plan assets at end of year (total assets less liabilities)2018-12-31$126,469
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$126,408
Assets. Value of employer securities2018-12-31$121,386
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
2017 : BUILDSMART HOLDING COMPANY 2017 401k financial data
Total income from all sources2017-12-31$-33,665
Expenses. Total of all expenses incurred2017-12-31$0
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$126,408
Total plan assets at beginning of year2017-12-31$160,073
Value of fidelity bond covering the plan2017-12-31$20,000
Total contributions received or receivable from participants2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$-34,665
Net income (gross income less expenses)2017-12-31$-33,665
Net plan assets at end of year (total assets less liabilities)2017-12-31$126,408
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$160,073
Assets. Value of employer securities2017-12-31$121,386
Total contributions received or receivable from employer(s)2017-12-31$1,000
Value of certain deemed distributions of participant loans2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
2016 : BUILDSMART HOLDING COMPANY 2016 401k financial data
Total income from all sources2016-12-31$114,072
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$160,073
Total plan assets at beginning of year2016-12-31$46,001
Value of fidelity bond covering the plan2016-12-31$20,000
Total contributions received or receivable from participants2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$113,072
Net income (gross income less expenses)2016-12-31$114,072
Net plan assets at end of year (total assets less liabilities)2016-12-31$160,073
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$46,001
Assets. Value of employer securities2016-12-31$156,069
Total contributions received or receivable from employer(s)2016-12-31$1,000
Value of certain deemed distributions of participant loans2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : BUILDSMART HOLDING COMPANY 2015 401k financial data
Total income from all sources2015-12-31$-101,917
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$46,001
Total plan assets at beginning of year2015-12-31$147,918
Value of fidelity bond covering the plan2015-12-31$20,000
Total contributions received or receivable from participants2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$66,000
Other income received2015-12-31$-167,917
Net income (gross income less expenses)2015-12-31$-101,917
Net plan assets at end of year (total assets less liabilities)2015-12-31$46,001
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$147,918
Assets. Value of employer securities2015-12-31$43,000
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : BUILDSMART HOLDING COMPANY 2014 401k financial data
Total income from all sources2014-12-31$147,933
Expenses. Total of all expenses incurred2014-12-31$15
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$147,918
Value of fidelity bond covering the plan2014-12-31$20,000
Total contributions received or receivable from participants2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$148,052
Other income received2014-12-31$-119
Net income (gross income less expenses)2014-12-31$147,918
Net plan assets at end of year (total assets less liabilities)2014-12-31$147,918
Assets. Value of employer securities2014-12-31$147,918
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$15

Form 5500 Responses for BUILDSMART HOLDING COMPANY

2023: BUILDSMART HOLDING COMPANY 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: BUILDSMART HOLDING COMPANY 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: BUILDSMART HOLDING COMPANY 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 – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: BUILDSMART HOLDING COMPANY 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 – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: BUILDSMART HOLDING COMPANY 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: BUILDSMART HOLDING COMPANY 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: BUILDSMART HOLDING COMPANY 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: BUILDSMART HOLDING COMPANY 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: BUILDSMART HOLDING COMPANY 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BUILDSMART HOLDING COMPANY 2014 form 5500 responses
2014-09-25Type of plan entitySingle employer plan
2014-09-25First time form 5500 has been submittedYes
2014-09-25This return/report is a short plan year return/report (less than 12 months)Yes
2014-09-25Plan funding arrangement – TrustYes
2014-09-25Plan benefit arrangement - TrustYes

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