401k Plan data: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST plan

GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name	GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST
Plan identification number	002

GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Life insurance

401k Sponsoring company profile

GILL-SIMPSON INC. has sponsored the creation of one or more 401k plans.

Company Name: GILL-SIMPSON INC.

Employer identification number (EIN): 520327180

NAIC Classification: 238210
NAIC Description: Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2015-01-01 CHRIS ODELL 2015-09-15
002 2014-01-01 CHRIS ODELL
002 2013-01-01 CHRIS ODELL
002 2012-01-01 MYRON BLOOM
002 2011-01-01 MYRON BLOOM
002 2009-01-01 MYRON BLOOM

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2015-01-01	CHRIS ODELL	2015-09-15
002	2014-01-01	CHRIS ODELL
002	2013-01-01	CHRIS ODELL
002	2012-01-01	MYRON BLOOM
002	2011-01-01	MYRON BLOOM
002	2009-01-01	MYRON BLOOM

Plan Statistics for GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST

Measure Date Value
2014: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 70
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 1
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 28
Total of all active and inactive participants 2014-01-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 29
Number of participants with account balances 2014-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1
2013: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 81
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 43
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 27
Total of all active and inactive participants 2013-01-01 70
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 70
Number of participants with account balances 2013-01-01 61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 5
2012: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year 2012-01-01 81
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 62
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 19
Total of all active and inactive participants 2012-01-01 81
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 81
Number of participants with account balances 2012-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 3
2011: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 74
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 70
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 10
Total of all active and inactive participants 2011-01-01 80
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 80
Number of participants with account balances 2011-01-01 74
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 3
2009: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 61
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 56
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 6
Total of all active and inactive participants 2009-01-01 62
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 63
Number of participants with account balances 2009-01-01 59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 2

Measure	Date	Value
2014: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	70
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	1
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	28
Total of all active and inactive participants	2014-01-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	29
Number of participants with account balances	2014-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1
2013: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	81
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	43
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	27
Total of all active and inactive participants	2013-01-01	70
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	70
Number of participants with account balances	2013-01-01	61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	5
2012: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year	2012-01-01	81
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	62
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	19
Total of all active and inactive participants	2012-01-01	81
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	81
Number of participants with account balances	2012-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	3
2011: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	74
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	70
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	10
Total of all active and inactive participants	2011-01-01	80
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	80
Number of participants with account balances	2011-01-01	74
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	3
2009: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	61
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	56
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	6
Total of all active and inactive participants	2009-01-01	62
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	63
Number of participants with account balances	2009-01-01	59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	2

Financial Data on GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST

Measure	Date	Value
2014 : GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2014 401k financial data
Total income from all sources	2014-12-31	$243,661
Expenses. Total of all expenses incurred	2014-12-31	$3,730,635
Benefits paid (including direct rollovers)	2014-12-31	$3,722,464
Total plan assets at end of year	2014-12-31	$3,396,729
Total plan assets at beginning of year	2014-12-31	$6,883,703
Total contributions received or receivable from participants	2014-12-31	$37,349
Other income received	2014-12-31	$185,989
Net income (gross income less expenses)	2014-12-31	$-3,486,974
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$3,396,729
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$6,883,703
Assets. Value of participant loans	2014-12-31	$36,914
Total contributions received or receivable from employer(s)	2014-12-31	$20,323
Value of corrective distributions	2014-12-31	$41
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$8,130
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2013 401k financial data
Total income from all sources	2013-12-31	$1,705,854
Expenses. Total of all expenses incurred	2013-12-31	$1,596,864
Benefits paid (including direct rollovers)	2013-12-31	$1,594,398
Total plan assets at end of year	2013-12-31	$6,883,703
Total plan assets at beginning of year	2013-12-31	$6,774,713
Total contributions received or receivable from participants	2013-12-31	$277,728
Expenses. Other expenses not covered elsewhere	2013-12-31	$227
Contributions received from other sources (not participants or employers)	2013-12-31	$1,388
Other income received	2013-12-31	$1,323,415
Net income (gross income less expenses)	2013-12-31	$108,990
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$6,883,703
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$6,774,713
Assets. Value of participant loans	2013-12-31	$95,057
Total contributions received or receivable from employer(s)	2013-12-31	$103,323
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$2,239
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2012 401k financial data
Total income from all sources	2012-12-31	$1,315,145
Expenses. Total of all expenses incurred	2012-12-31	$1,431,396
Benefits paid (including direct rollovers)	2012-12-31	$1,430,361
Total plan assets at end of year	2012-12-31	$6,774,713
Total plan assets at beginning of year	2012-12-31	$6,890,964
Total contributions received or receivable from participants	2012-12-31	$335,680
Other income received	2012-12-31	$818,967
Net income (gross income less expenses)	2012-12-31	$-116,251
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$6,774,713
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$6,890,964
Assets. Value of participant loans	2012-12-31	$97,328
Total contributions received or receivable from employer(s)	2012-12-31	$160,498
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$1,035
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2011 401k financial data
Total income from all sources	2011-12-31	$349,334
Expenses. Total of all expenses incurred	2011-12-31	$142,545
Benefits paid (including direct rollovers)	2011-12-31	$140,183
Total plan assets at end of year	2011-12-31	$6,890,964
Total plan assets at beginning of year	2011-12-31	$6,684,175
Value of fidelity bond covering the plan	2011-12-31	$500,000
Total contributions received or receivable from participants	2011-12-31	$387,106
Contributions received from other sources (not participants or employers)	2011-12-31	$69,143
Other income received	2011-12-31	$-305,561
Net income (gross income less expenses)	2011-12-31	$206,789
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$6,890,964
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$6,684,175
Assets. Value of participant loans	2011-12-31	$149,706
Total contributions received or receivable from employer(s)	2011-12-31	$198,646
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$2,362
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2010 401k financial data
Total income from all sources	2010-12-31	$1,660,654
Expenses. Total of all expenses incurred	2010-12-31	$584,924
Benefits paid (including direct rollovers)	2010-12-31	$583,077
Total plan assets at end of year	2010-12-31	$6,684,175
Total plan assets at beginning of year	2010-12-31	$5,608,445
Value of fidelity bond covering the plan	2010-12-31	$500,000
Total contributions received or receivable from participants	2010-12-31	$318,722
Expenses. Other expenses not covered elsewhere	2010-12-31	$952
Other income received	2010-12-31	$653,077
Net income (gross income less expenses)	2010-12-31	$1,075,730
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$6,684,175
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$5,608,445
Assets. Value of participant loans	2010-12-31	$103,598
Total contributions received or receivable from employer(s)	2010-12-31	$688,855
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$895

Form 5500 Responses for GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST

2014: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 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
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 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
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: GILL-SIMPSON, INC. PROFIT SHARING PLAN & TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	GILL-SIMPSON INC.
Employer identification number (EIN):	520327180
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors