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SUNBELT TRANSFORMER 401 (K) PLAN 401k Plan overview

Plan NameSUNBELT TRANSFORMER 401 (K) PLAN
Plan identification number 001

SUNBELT TRANSFORMER 401 (K) PLAN Benefits

401k Plan TypeDefined 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

SUNBELT TRANSFORMER, LTD. has sponsored the creation of one or more 401k plans.

Company Name:SUNBELT TRANSFORMER, LTD.
Employer identification number (EIN):800554373
NAIC Classification:335310

Additional information about SUNBELT TRANSFORMER, LTD.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2001-09-29
Company Identification Number: 0800016133
Legal Registered Office Address: 1922 S MARTIN LUTHER KING JR DR

TEMPLE
United States of America (USA)
76504

More information about SUNBELT TRANSFORMER, LTD.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUNBELT TRANSFORMER 401 (K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01JAMIE HYPES2022-04-18
0012021-01-01JAMIE HYPES2022-04-14
0012020-01-01JAMIE HYPES2021-10-12
0012020-01-01JAMIE HYPES2022-04-18
0012019-01-01JAMIE HYPES2020-10-12
0012019-01-01JAMIE HYPES2021-03-25
0012018-01-01JAMIE HYPES2019-10-09
0012018-01-01JAMIE HYPES2020-12-22
0012017-01-01
0012017-01-01
0012016-01-01
0012015-01-01DAN SWEENEY2016-07-28

Plan Statistics for SUNBELT TRANSFORMER 401 (K) PLAN

401k plan membership statisitcs for SUNBELT TRANSFORMER 401 (K) PLAN

Measure Date Value
2021: SUNBELT TRANSFORMER 401 (K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01197
Total number of active participants reported on line 7a of the Form 55002021-01-010
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 participants2021-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-010
Number of participants with account balances2021-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SUNBELT TRANSFORMER 401 (K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01213
Total number of active participants reported on line 7a of the Form 55002020-01-01115
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0181
Total of all active and inactive participants2020-01-01196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01197
Number of participants with account balances2020-01-01182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SUNBELT TRANSFORMER 401 (K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01217
Total number of active participants reported on line 7a of the Form 55002019-01-01137
Number of retired or separated participants receiving benefits2019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-0173
Total of all active and inactive participants2019-01-01212
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01213
Number of participants with account balances2019-01-01193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SUNBELT TRANSFORMER 401 (K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01180
Total number of active participants reported on line 7a of the Form 55002018-01-01159
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0156
Total of all active and inactive participants2018-01-01216
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01217
Number of participants with account balances2018-01-01198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SUNBELT TRANSFORMER 401 (K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01153
Total number of active participants reported on line 7a of the Form 55002017-01-01142
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-0137
Total of all active and inactive participants2017-01-01180
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01180
Number of participants with account balances2017-01-01158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-012
2016: SUNBELT TRANSFORMER 401 (K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01125
Total number of active participants reported on line 7a of the Form 55002016-01-01123
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-0129
Total of all active and inactive participants2016-01-01153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01153
Number of participants with account balances2016-01-01144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on SUNBELT TRANSFORMER 401 (K) PLAN

Measure Date Value
2021 : SUNBELT TRANSFORMER 401 (K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-02-01$0
Total transfer of assets from this plan2021-02-01$10,414,404
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-02-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-02-01$0
Total income from all sources (including contributions)2021-02-01$-41,357
Total loss/gain on sale of assets2021-02-01$0
Total of all expenses incurred2021-02-01$163,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-02-01$162,569
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-02-01$24,902
Value of total assets at end of year2021-02-01$0
Value of total assets at beginning of year2021-02-01$10,618,915
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-02-01$585
Total interest from all sources2021-02-01$1,383
Total dividends received (eg from common stock, registered investment company shares)2021-02-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-02-01Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2021-02-01$0
Was this plan covered by a fidelity bond2021-02-01No
If this is an individual account plan, was there a blackout period2021-02-01No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-02-01$0
Were there any nonexempt tranactions with any party-in-interest2021-02-01No
Contributions received from participants2021-02-01$15,238
Participant contributions at beginning of year2021-02-01$218,491
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-02-01No
Value of net income/loss2021-02-01$-204,511
Value of net assets at end of year (total assets less liabilities)2021-02-01$0
Value of net assets at beginning of year (total assets less liabilities)2021-02-01$10,618,915
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-02-01No
Were any loans by the plan or fixed income obligations due to the plan in default2021-02-01No
Were any leases to which the plan was party in default or uncollectible2021-02-01No
Value of interest in pooled separate accounts at beginning of year2021-02-01$9,705,355
Interest on participant loans2021-02-01$469
Interest earned on other investments2021-02-01$914
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-02-01$695,069
Net investment gain/loss from pooled separate accounts2021-02-01$-67,642
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-02-01No
Was there a failure to transmit to the plan any participant contributions2021-02-01No
Has the plan failed to provide any benefit when due under the plan2021-02-01No
Contributions received in cash from employer2021-02-01$9,664
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-02-01$162,569
Contract administrator fees2021-02-01$585
Did the plan have assets held for investment2021-02-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-02-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-02-01Yes
Opinion of an independent qualified public accountant for this plan2021-02-01Disclaimer
Accountancy firm name2021-02-01ERICKSON DEMEL & ASSOCIATES, PLLC
Accountancy firm EIN2021-02-01871577252
2020 : SUNBELT TRANSFORMER 401 (K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$38,572
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$2,515,482
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$2,095,041
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$2,085,426
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$848,424
Value of total assets at end of year2020-12-31$10,618,915
Value of total assets at beginning of year2020-12-31$10,159,902
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$9,615
Total interest from all sources2020-12-31$39,612
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31No
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$579,913
Participant contributions at end of year2020-12-31$218,491
Participant contributions at beginning of year2020-12-31$242,959
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$25,237
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$420,441
Value of net assets at end of year (total assets less liabilities)2020-12-31$10,618,915
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$10,159,902
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$9,705,355
Value of interest in pooled separate accounts at beginning of year2020-12-31$8,390,364
Interest on participant loans2020-12-31$14,469
Interest earned on other investments2020-12-31$25,143
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$695,069
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$1,501,342
Net investment gain/loss from pooled separate accounts2020-12-31$1,627,446
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$268,511
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,085,426
Contract administrator fees2020-12-31$9,615
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31ERICKSON DEMEL & ASSOCIATES, PLLC
Accountancy firm EIN2020-12-31871577252
2019 : SUNBELT TRANSFORMER 401 (K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$3,139,758
Total income from all sources (including contributions)2019-12-31$3,139,758
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$673,381
Total of all expenses incurred2019-12-31$673,381
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$664,445
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$664,445
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,441,490
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,441,490
Value of total assets at end of year2019-12-31$10,159,902
Value of total assets at end of year2019-12-31$10,159,902
Value of total assets at beginning of year2019-12-31$7,693,525
Value of total assets at beginning of year2019-12-31$7,693,525
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$8,936
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$8,936
Total interest from all sources2019-12-31$33,771
Total interest from all sources2019-12-31$33,771
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31No
Was this plan covered by a fidelity bond2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$555,039
Contributions received from participants2019-12-31$555,039
Participant contributions at end of year2019-12-31$242,959
Participant contributions at end of year2019-12-31$242,959
Participant contributions at beginning of year2019-12-31$233,183
Participant contributions at beginning of year2019-12-31$233,183
Assets. Other investments not covered elsewhere at end of year2019-12-31$25,237
Assets. Other investments not covered elsewhere at end of year2019-12-31$25,237
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$24,241
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$24,241
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$70,087
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$70,087
Other income not declared elsewhere2019-12-31$1,058
Other income not declared elsewhere2019-12-31$1,058
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$2,466,377
Value of net income/loss2019-12-31$2,466,377
Value of net assets at end of year (total assets less liabilities)2019-12-31$10,159,902
Value of net assets at end of year (total assets less liabilities)2019-12-31$10,159,902
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$7,693,525
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$7,693,525
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$8,390,364
Value of interest in pooled separate accounts at end of year2019-12-31$8,390,364
Value of interest in pooled separate accounts at beginning of year2019-12-31$6,037,711
Value of interest in pooled separate accounts at beginning of year2019-12-31$6,037,711
Interest on participant loans2019-12-31$12,530
Interest on participant loans2019-12-31$12,530
Interest earned on other investments2019-12-31$21,241
Interest earned on other investments2019-12-31$21,241
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,501,342
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,501,342
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,398,390
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,398,390
Net investment gain/loss from pooled separate accounts2019-12-31$1,663,439
Net investment gain/loss from pooled separate accounts2019-12-31$1,663,439
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$816,364
Contributions received in cash from employer2019-12-31$816,364
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$664,445
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$664,445
Contract administrator fees2019-12-31$8,936
Contract administrator fees2019-12-31$8,936
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31ERICKSON DEMEL & CO., PLLC
Accountancy firm name2019-12-31ERICKSON DEMEL & CO., PLLC
Accountancy firm EIN2019-12-31464064364
Accountancy firm EIN2019-12-31464064364
2018 : SUNBELT TRANSFORMER 401 (K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$844,957
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$1,059,427
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,052,759
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,122,420
Value of total assets at end of year2018-12-31$7,693,525
Value of total assets at beginning of year2018-12-31$7,907,995
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$6,668
Total interest from all sources2018-12-31$34,890
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$692,768
Participant contributions at end of year2018-12-31$233,183
Participant contributions at beginning of year2018-12-31$196,798
Assets. Other investments not covered elsewhere at end of year2018-12-31$24,241
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$29,310
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$81,264
Other income not declared elsewhere2018-12-31$-5,018
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-214,470
Value of net assets at end of year (total assets less liabilities)2018-12-31$7,693,525
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$7,907,995
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$6,037,711
Value of interest in pooled separate accounts at beginning of year2018-12-31$6,328,092
Interest on participant loans2018-12-31$11,323
Interest earned on other investments2018-12-31$23,567
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$1,398,390
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$1,353,795
Net investment gain/loss from pooled separate accounts2018-12-31$-307,335
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$348,388
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,052,759
Contract administrator fees2018-12-31$6,668
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31ERICKSON DEMEL & CO., PLLC
Accountancy firm EIN2018-12-31464064364
2017 : SUNBELT TRANSFORMER 401 (K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,989,112
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$982,389
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$976,958
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$920,009
Value of total assets at end of year2017-12-31$7,907,995
Value of total assets at beginning of year2017-12-31$6,901,272
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$5,431
Total interest from all sources2017-12-31$25,927
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$565,230
Participant contributions at end of year2017-12-31$196,798
Participant contributions at beginning of year2017-12-31$239,139
Assets. Other investments not covered elsewhere at end of year2017-12-31$29,310
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$31,934
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$20,553
Other income not declared elsewhere2017-12-31$-2,574
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,006,723
Value of net assets at end of year (total assets less liabilities)2017-12-31$7,907,995
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$6,901,272
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$6,328,092
Value of interest in pooled separate accounts at beginning of year2017-12-31$5,342,208
Interest on participant loans2017-12-31$10,114
Interest earned on other investments2017-12-31$15,813
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$1,353,795
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$1,287,991
Net investment gain/loss from pooled separate accounts2017-12-31$1,045,750
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$334,226
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$976,958
Contract administrator fees2017-12-31$5,431
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ERICKSON DEMEL & CO., PLLC
Accountancy firm EIN2017-12-31464064364
2016 : SUNBELT TRANSFORMER 401 (K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,303,082
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$308,225
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$304,024
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$777,770
Value of total assets at end of year2016-12-31$6,901,272
Value of total assets at beginning of year2016-12-31$5,906,415
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$4,201
Total interest from all sources2016-12-31$29,142
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$537,599
Participant contributions at end of year2016-12-31$239,139
Participant contributions at beginning of year2016-12-31$252,420
Assets. Other investments not covered elsewhere at end of year2016-12-31$31,934
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$96,869
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$25,382
Other income not declared elsewhere2016-12-31$13,261
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$994,857
Value of net assets at end of year (total assets less liabilities)2016-12-31$6,901,272
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$5,906,415
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$5,342,208
Value of interest in pooled separate accounts at beginning of year2016-12-31$4,321,012
Interest on participant loans2016-12-31$11,258
Interest earned on other investments2016-12-31$17,884
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$1,287,991
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$1,236,114
Net investment gain/loss from pooled separate accounts2016-12-31$482,909
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$214,789
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$304,024
Contract administrator fees2016-12-31$4,201
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31ERICKSON DEMEL & CO., PLLC
Accountancy firm EIN2016-12-31464064364

Form 5500 Responses for SUNBELT TRANSFORMER 401 (K) PLAN

2021: SUNBELT TRANSFORMER 401 (K) PLAN 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 filingYes
2021-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SUNBELT TRANSFORMER 401 (K) PLAN 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 – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SUNBELT TRANSFORMER 401 (K) PLAN 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 – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SUNBELT TRANSFORMER 401 (K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SUNBELT TRANSFORMER 401 (K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SUNBELT TRANSFORMER 401 (K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number807522
Policy instance 1
Insurance contract or identification number807522
Insurance policy start date2021-01-01
Insurance policy end date2021-02-01
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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 Administration1
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
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number807522
Policy instance 1
Insurance contract or identification number807522
Number of Individuals Covered197
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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 Administration1
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
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number807522
Policy instance 1
Insurance contract or identification number807522
Number of Individuals Covered213
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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 Administration1
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
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number807522
Policy instance 1
Insurance contract or identification number807522
Number of Individuals Covered217
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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 Administration1
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
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number807522
Policy instance 1
Insurance contract or identification number807522
Number of Individuals Covered180
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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 Administration1
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
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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