MARTEL CONSTRUCTION, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MARTEL CONSTRUCTION 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : MARTEL CONSTRUCTION 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,577,708 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $770,793 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $720,775 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $7,698 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,426,962 |
| Value of total assets at end of year | 2023-12-31 | $9,259,717 |
| Value of total assets at beginning of year | 2023-12-31 | $7,452,802 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $42,320 |
| Total interest from all sources | 2023-12-31 | $12,635 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $197,362 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,150,895 |
| Participant contributions at end of year | 2023-12-31 | $244,893 |
| Participant contributions at beginning of year | 2023-12-31 | $163,367 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $1,170 |
| Administrative expenses (other) incurred | 2023-12-31 | $42,320 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,806,915 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $9,259,717 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $7,452,802 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $7,633,679 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $5,516,247 |
| Interest on participant loans | 2023-12-31 | $12,635 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $1,281,145 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $1,773,188 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $902,918 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $37,831 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $274,897 |
| Employer contributions (assets) at end of year | 2023-12-31 | $100,000 |
| Income. Dividends from common stock | 2023-12-31 | $197,362 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $720,775 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | JCCS BENEFIT CONSULTING GROUP |
| Accountancy firm EIN | 2023-12-31 | 810348775 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $2,577,708 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $770,793 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $720,775 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $7,698 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,426,962 |
| Value of total assets at end of year | 2023-01-01 | $9,259,717 |
| Value of total assets at beginning of year | 2023-01-01 | $7,452,802 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $42,320 |
| Total interest from all sources | 2023-01-01 | $12,635 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $197,362 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,150,895 |
| Participant contributions at end of year | 2023-01-01 | $244,893 |
| Participant contributions at beginning of year | 2023-01-01 | $163,367 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $1,170 |
| Administrative expenses (other) incurred | 2023-01-01 | $42,320 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $1,806,915 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $9,259,717 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $7,452,802 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $7,633,679 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $5,516,247 |
| Interest on participant loans | 2023-01-01 | $12,635 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $1,281,145 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $1,773,188 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $902,918 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $37,831 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $274,897 |
| Employer contributions (assets) at end of year | 2023-01-01 | $100,000 |
| Income. Dividends from common stock | 2023-01-01 | $197,362 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $720,775 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | JCCS BENEFIT CONSULTING GROUP |
| Accountancy firm EIN | 2023-01-01 | 810348775 |
| 2022 : MARTEL CONSTRUCTION 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $249,260 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $418,195 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $377,586 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $4,900 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,203,851 |
| Value of total assets at end of year | 2022-12-31 | $7,452,802 |
| Value of total assets at beginning of year | 2022-12-31 | $7,621,737 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $35,709 |
| Total interest from all sources | 2022-12-31 | $10,491 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $236,756 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $920,344 |
| Participant contributions at end of year | 2022-12-31 | $163,367 |
| Participant contributions at beginning of year | 2022-12-31 | $260,777 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $143,858 |
| Administrative expenses (other) incurred | 2022-12-31 | $35,709 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-168,935 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,452,802 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,621,737 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $5,516,247 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $5,576,621 |
| Interest on participant loans | 2022-12-31 | $10,491 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $1,773,188 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,784,339 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,199,973 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,865 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $139,649 |
| Income. Dividends from common stock | 2022-12-31 | $236,756 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $377,586 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | JCCS BENEFIT CONSULTING GROUP |
| Accountancy firm EIN | 2022-12-31 | 810348775 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $249,260 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $418,195 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $377,586 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $4,900 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,203,851 |
| Value of total assets at end of year | 2022-01-01 | $7,452,802 |
| Value of total assets at beginning of year | 2022-01-01 | $7,621,737 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $35,709 |
| Total interest from all sources | 2022-01-01 | $10,491 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $236,756 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $920,344 |
| Participant contributions at end of year | 2022-01-01 | $163,367 |
| Participant contributions at beginning of year | 2022-01-01 | $260,777 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $143,858 |
| Administrative expenses (other) incurred | 2022-01-01 | $35,709 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-168,935 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $7,452,802 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $7,621,737 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $5,516,247 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $5,576,621 |
| Interest on participant loans | 2022-01-01 | $10,491 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $1,773,188 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $1,784,339 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,199,973 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-1,865 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $139,649 |
| Income. Dividends from common stock | 2022-01-01 | $236,756 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $377,586 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | JCCS BENEFIT CONSULTING GROUP |
| Accountancy firm EIN | 2022-01-01 | 810348775 |
