SOUTH PLAINS IMPLEMENT, LTD has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2021 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-07-31 | $3,513,795 |
| Total of all expenses incurred | 2021-07-31 | $3,513,795 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-07-31 | $3,352,410 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-07-31 | $3,513,795 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-07-31 | $161,385 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-07-31 | No |
| Was this plan covered by a fidelity bond | 2021-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-07-31 | No |
| Contributions received from participants | 2021-07-31 | $655,555 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-07-31 | $1,202,318 |
| Administrative expenses (other) incurred | 2021-07-31 | $80,692 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-07-31 | No |
| Value of net income/loss | 2021-07-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-07-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-07-31 | $669,075 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-07-31 | No |
| Contributions received in cash from employer | 2021-07-31 | $1,655,922 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-07-31 | $2,683,335 |
| Contract administrator fees | 2021-07-31 | $80,693 |
| Did the plan have assets held for investment | 2021-07-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-07-31 | Yes |
| 2020 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-07-31 | $2,400,466 |
| Total of all expenses incurred | 2020-07-31 | $2,400,466 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-07-31 | $2,182,873 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-07-31 | $2,400,466 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-07-31 | $217,593 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-07-31 | No |
| Was this plan covered by a fidelity bond | 2020-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-07-31 | No |
| Contributions received from participants | 2020-07-31 | $670,204 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-07-31 | $155,808 |
| Administrative expenses (other) incurred | 2020-07-31 | $132,560 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-07-31 | No |
| Value of net income/loss | 2020-07-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-07-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-07-31 | $620,304 |
| Was there a failure to transmit to the plan any participant contributions | 2020-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-07-31 | No |
| Contributions received in cash from employer | 2020-07-31 | $1,574,454 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-07-31 | $1,562,569 |
| Contract administrator fees | 2020-07-31 | $85,033 |
| Did the plan have assets held for investment | 2020-07-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-07-31 | Yes |
| 2019 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2019 401k financial data |
|---|
| Total income from all sources (including contributions) | 2019-07-31 | $3,207,690 |
| Total of all expenses incurred | 2019-07-31 | $3,207,690 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-07-31 | $3,004,436 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-07-31 | $3,207,690 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-07-31 | $203,254 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-07-31 | No |
| Was this plan covered by a fidelity bond | 2019-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-07-31 | No |
| Contributions received from participants | 2019-07-31 | $621,850 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-07-31 | $295,983 |
| Administrative expenses (other) incurred | 2019-07-31 | $117,666 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-07-31 | No |
| Value of net income/loss | 2019-07-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-07-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-07-31 | $556,573 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-07-31 | No |
| Contributions received in cash from employer | 2019-07-31 | $2,289,857 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-07-31 | $2,447,863 |
| Contract administrator fees | 2019-07-31 | $85,588 |
| Did the plan have assets held for investment | 2019-07-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-07-31 | Yes |
| 2018 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2018 401k financial data |
|---|
| Total income from all sources (including contributions) | 2018-07-31 | $1,764,564 |
| Total of all expenses incurred | 2018-07-31 | $1,764,564 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-07-31 | $1,607,583 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-07-31 | $1,764,564 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-07-31 | $156,981 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-07-31 | No |
| Was this plan covered by a fidelity bond | 2018-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-07-31 | No |
| Contributions received from participants | 2018-07-31 | $554,985 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-07-31 | $4,358 |
| Administrative expenses (other) incurred | 2018-07-31 | $79,006 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-07-31 | No |
| Value of net income/loss | 2018-07-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-07-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-07-31 | $561,844 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-07-31 | No |
| Contributions received in cash from employer | 2018-07-31 | $1,205,221 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-07-31 | $1,045,739 |
| Contract administrator fees | 2018-07-31 | $77,975 |
| Did the plan have assets held for investment | 2018-07-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-07-31 | Yes |
| 2017 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2017 401k financial data |
|---|
| Total income from all sources (including contributions) | 2017-07-31 | $1,008,123 |
| Total of all expenses incurred | 2017-07-31 | $1,008,123 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-07-31 | $896,285 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-07-31 | $1,008,123 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-07-31 | $111,838 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-07-31 | No |
| Was this plan covered by a fidelity bond | 2017-07-31 | No |
| If this is an individual account plan, was there a blackout period | 2017-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-07-31 | No |
| Contributions received from participants | 2017-07-31 | $140,533 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-07-31 | $61,095 |
| Administrative expenses (other) incurred | 2017-07-31 | $39,582 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-07-31 | No |
| Value of net income/loss | 2017-07-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-07-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-07-31 | $295,725 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-07-31 | No |
| Contributions received in cash from employer | 2017-07-31 | $806,495 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-07-31 | $600,560 |
| Contract administrator fees | 2017-07-31 | $72,256 |
| Did the plan have assets held for investment | 2017-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-07-31 | Yes |
| 2016 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2016 401k financial data |
|---|
| Total income from all sources (including contributions) | 2016-07-31 | $1,439,187 |
| Total of all expenses incurred | 2016-07-31 | $1,439,187 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-07-31 | $1,327,895 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-07-31 | $1,439,187 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-07-31 | $111,292 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-07-31 | No |
| Was this plan covered by a fidelity bond | 2016-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-07-31 | No |
| Contributions received from participants | 2016-07-31 | $202,762 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-07-31 | $376,632 |
| Administrative expenses (other) incurred | 2016-07-31 | $43,293 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-07-31 | No |
| Value of net income/loss | 2016-07-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-07-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-07-31 | $338,202 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-07-31 | No |
| Contributions received in cash from employer | 2016-07-31 | $859,793 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-07-31 | $989,693 |
| Contract administrator fees | 2016-07-31 | $67,999 |
| Did the plan have assets held for investment | 2016-07-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-07-31 | Yes |
| 2015 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2015 401k financial data |
|---|
| Total income from all sources | 2015-07-31 | $831,851 |
| Expenses. Total of all expenses incurred | 2015-07-31 | $831,851 |
| Benefits paid (including direct rollovers) | 2015-07-31 | $422,378 |
| Total contributions received or receivable from participants | 2015-07-31 | $174,055 |
| Contributions received from other sources (not participants or employers) | 2015-07-31 | $9,109 |
| Net income (gross income less expenses) | 2015-07-31 | $0 |
| Total contributions received or receivable from employer(s) | 2015-07-31 | $648,687 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2015-07-31 | $409,473 |
| 2013 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2013 401k financial data |
|---|
| Total income from all sources | 2013-07-31 | $852,083 |
| Expenses. Total of all expenses incurred | 2013-07-31 | $852,083 |
| Benefits paid (including direct rollovers) | 2013-07-31 | $515,207 |
| Total contributions received or receivable from participants | 2013-07-31 | $97,470 |
| Contributions received from other sources (not participants or employers) | 2013-07-31 | $146,533 |
| Net income (gross income less expenses) | 2013-07-31 | $0 |
| Total contributions received or receivable from employer(s) | 2013-07-31 | $608,080 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2013-07-31 | $336,876 |
| 2012 : SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2012 401k financial data |
|---|
| Total income from all sources | 2012-07-31 | $566,178 |
| Expenses. Total of all expenses incurred | 2012-07-31 | $566,178 |
| Benefits paid (including direct rollovers) | 2012-07-31 | $418,733 |
| Total contributions received or receivable from participants | 2012-07-31 | $45,810 |
| Contributions received from other sources (not participants or employers) | 2012-07-31 | $122,879 |
| Net income (gross income less expenses) | 2012-07-31 | $0 |
| Total contributions received or receivable from employer(s) | 2012-07-31 | $397,489 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2012-07-31 | $147,445 |
| 2021: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2021 form 5500 responses |
|---|
| 2021-08-01 | Type of plan entity | Single employer plan |
| 2021-08-01 | Submission has been amended | No |
| 2021-08-01 | This submission is the final filing | Yes |
| 2021-08-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-08-01 | Plan is a collectively bargained plan | No |
| 2021-08-01 | Plan funding arrangement – Insurance | Yes |
| 2021-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2021-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2021-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2020: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2020 form 5500 responses |
|---|
| 2020-08-01 | Type of plan entity | Single employer plan |
| 2020-08-01 | Plan funding arrangement – Insurance | Yes |
| 2020-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2020-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2020-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2019: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2019 form 5500 responses |
|---|
| 2019-08-01 | Type of plan entity | Single employer plan |
| 2019-08-01 | Plan funding arrangement – Insurance | Yes |
| 2019-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2019-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2019-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2018: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2018 form 5500 responses |
|---|
| 2018-08-01 | Type of plan entity | Single employer plan |
| 2018-08-01 | Plan funding arrangement – Insurance | Yes |
| 2018-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2018-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2018-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2017: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2017 form 5500 responses |
|---|
| 2017-08-01 | Type of plan entity | Single employer plan |
| 2017-08-01 | Plan funding arrangement – Insurance | Yes |
| 2017-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2017-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2017-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2016: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2016 form 5500 responses |
|---|
| 2016-08-01 | Type of plan entity | Single employer plan |
| 2016-08-01 | Plan funding arrangement – Insurance | Yes |
| 2016-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2016-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2016-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2015: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2015 form 5500 responses |
|---|
| 2015-08-01 | Type of plan entity | Single employer plan |
| 2015-08-01 | Plan funding arrangement – Insurance | Yes |
| 2015-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2015-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2015-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2014: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2014 form 5500 responses |
|---|
| 2014-08-01 | Type of plan entity | Single employer plan |
| 2014-08-01 | Plan funding arrangement – Insurance | Yes |
| 2014-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2014-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2014-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2012: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2012 form 5500 responses |
|---|
| 2012-08-01 | Type of plan entity | Single employer plan |
| 2012-08-01 | Plan funding arrangement – Insurance | Yes |
| 2012-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2012-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2012-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2011: SOUTH PLAINS IMPLEMENT, LTD. HEALTH BENEFIT PLAN 2011 form 5500 responses |
|---|
| 2011-08-01 | Type of plan entity | Single employer plan |
| 2011-08-01 | Plan funding arrangement – Insurance | Yes |
| 2011-08-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2011-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2011-08-01 | Plan benefit arrangement – General assets of the sponsor | Yes |