Civic Intelligence
Filing

Devries Construction Profit Sharing 401K Plan

Devries Construction • EIN 38-2201159 • Plan year 2003

Filing Insights

Participants

Down

19 → 17

-2 • -10.53%

Assets

Up

$197,227 → $346,749

$149,522 • 75.81%

Investment Management Fee

-

Admin expenses - • Total expenses $1,302

Filing Details

Context
Net investment result
$149,522
Pension payor EIN
95-6817943

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
201010$0$1,534-
Devries Construction Profit Sharing 401K Plan-0$0$1,534-
2009112$362,796$8,923$744iApproximate average salary by contribution assumption: employee only about $18,590 at 4% or $12,393 at 6%; with 50% employer match about $12,393 at 4% or $8,262 at 6%; with 100% employer match about $9,295 at 4% or $6,197 at 6%.
Devries Construction Profit Sharing 401K Plan-12$362,796$8,923$744iApproximate average salary by contribution assumption: employee only about $18,590 at 4% or $12,393 at 6%; with 50% employer match about $12,393 at 4% or $8,262 at 6%; with 100% employer match about $9,295 at 4% or $6,197 at 6%.
2008115$0$0-
Devries Construction Profit Sharing 401K Plan-15---
2007115$0$0-
Devries Construction Profit Sharing 401K Plan-15---
2006121$541,784$44,474$2,118iApproximate average salary by contribution assumption: employee only about $52,945 at 4% or $35,297 at 6%; with 50% employer match about $35,297 at 4% or $23,531 at 6%; with 100% employer match about $26,473 at 4% or $17,648 at 6%.
Devries Construction Profit Sharing 401K Plan-21$541,784$44,474$2,118iApproximate average salary by contribution assumption: employee only about $52,945 at 4% or $35,297 at 6%; with 50% employer match about $35,297 at 4% or $23,531 at 6%; with 100% employer match about $26,473 at 4% or $17,648 at 6%.
2005117$436,721$38,680$2,275iApproximate average salary by contribution assumption: employee only about $56,882 at 4% or $37,922 at 6%; with 50% employer match about $37,922 at 4% or $25,281 at 6%; with 100% employer match about $28,441 at 4% or $18,961 at 6%.
Devries Construction Profit Sharing 401K Plan-17$436,721$38,680$2,275iApproximate average salary by contribution assumption: employee only about $56,882 at 4% or $37,922 at 6%; with 50% employer match about $37,922 at 4% or $25,281 at 6%; with 100% employer match about $28,441 at 4% or $18,961 at 6%.
2004120$406,549$40,028$2,001iApproximate average salary by contribution assumption: employee only about $50,035 at 4% or $33,357 at 6%; with 50% employer match about $33,357 at 4% or $22,238 at 6%; with 100% employer match about $25,018 at 4% or $16,678 at 6%.
Devries Construction Profit Sharing 401K Plan-20$406,549$40,028$2,001iApproximate average salary by contribution assumption: employee only about $50,035 at 4% or $33,357 at 6%; with 50% employer match about $33,357 at 4% or $22,238 at 6%; with 100% employer match about $25,018 at 4% or $16,678 at 6%.
2003117$346,749$94,464$5,557iApproximate average salary by contribution assumption: employee only about $138,918 at 4% or $92,612 at 6%; with 50% employer match about $92,612 at 4% or $61,741 at 6%; with 100% employer match about $69,459 at 4% or $46,306 at 6%.
Devries Construction Profit Sharing 401K PlanCurrent17$346,749$94,464$5,557iApproximate average salary by contribution assumption: employee only about $138,918 at 4% or $92,612 at 6%; with 50% employer match about $92,612 at 4% or $61,741 at 6%; with 100% employer match about $69,459 at 4% or $46,306 at 6%.
2002118$197,227$36,981$2,055iApproximate average salary by contribution assumption: employee only about $51,363 at 4% or $34,242 at 6%; with 50% employer match about $34,242 at 4% or $22,828 at 6%; with 100% employer match about $25,681 at 4% or $17,121 at 6%.
Devries Construction Profit Sharing 401K Plan-18$197,227$36,981$2,055iApproximate average salary by contribution assumption: employee only about $51,363 at 4% or $34,242 at 6%; with 50% employer match about $34,242 at 4% or $22,828 at 6%; with 100% employer match about $25,681 at 4% or $17,121 at 6%.
2001117$0$0-
Devries Construction Profit Sharing 401K Plan-17---
2000122$0$0-
Devries Construction Profit Sharing 401K Plan-22---
1999119$175,437$83,979$4,420iApproximate average salary by contribution assumption: employee only about $110,499 at 4% or $73,666 at 6%; with 50% employer match about $73,666 at 4% or $49,111 at 6%; with 100% employer match about $55,249 at 4% or $36,833 at 6%.
Devries Construction Profit Sharing 401K Plan-19$175,437$83,979$4,420iApproximate average salary by contribution assumption: employee only about $110,499 at 4% or $73,666 at 6%; with 50% employer match about $73,666 at 4% or $49,111 at 6%; with 100% employer match about $55,249 at 4% or $36,833 at 6%.
Schedule Details

Schedule A

Row 1
Filing Id
84037233070054
Form Id
50039343
Page Id
2
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
3010374233070050002
Ins Broker 01 Name
DAVID MUILENBERG
Ins Broker 01 Street Addr
971 SPAULDING SE, SUITE A
Ins Broker 01 City
GRAND RAPIDS
Ins Broker 01 State
MI
Ins Broker 01 ZIP Code
49546
Ins Broker Comm Pd 01 Amount
$1,362
Ins Broker Fees Pd 01 Amount
$0
Ins Broker 01 Code
3
Row 2
Ins Carrier Name: NEW ENGLAND LIFE INSURANCE COMPANY
Filing Id
84037233070054
Form Id
50039343
Schedule A EIN
38-2201159
Schedule A Plan Num
001
Schedule A Plan Year Begin Date
2003-01-01
Schedule A Tax Period
20031231
Ins Carrier Name
NEW ENGLAND LIFE INSURANCE COMPANY
Ins Carrier EIN
04-2708937
Ins Carrier Naic Code
91626
Ins Contract Num
GA-20108
Ins Prsn Covered End of year Count
0
Ins Policy From Date
2003-01-01
Ins Policy To Date
2003-03-31
Ins Broker Comm Total Amount
$1,362
Ins Broker Fees Total Amount
$0
Pension End of year Gen Account Amount
$0
Pension End of year Sep Account Amount
$0
Pension Prem Paid Total Amount
$0
Pension Unpaid Premium Amount
$0
Pension Contract Cost Amount
$0
Pension End Prev Bal Amount
$0
Pension Contribution Dep Amount
$0
Pension Divnd Cr Dep Amount
$0
Pension Interest Cr Dur Yr Amount
$0
Pension Transfer From Amount
$0
Pension Other Amount
$0
Pension Total Additions Amount
$0
Pension Total Bal Addn Amount
$0
Pension Bnfts Dsbrsd Amount
$0
Pension Admin Chrg Amount
$0
Pension Transfer To Amount
$0
Pension Oth Ded Amount
$0
Pension Total Ded Amount
$0
Pension End of year Bal Amount
$0
Wlfr Premium Rcvd Amount
$0
Wlfr Unpaid Due Amount
$0
Wlfr Reserve Amount
$0
Wlfr Total Earned Prem Amount
$0
Wlfr Claims Paid Amount
$0
Wlfr Incr Reserve Amount
$0
Wlfr Incurred Claim Amount
$0
Wlfr Claims Chrgd Amount
$0
Wlfr Ret Commissions Amount
$0
Wlfr Ret Admin Amount
$0
Wlfr Ret Oth Cost Amount
$0
Wlfr Ret Oth Expense Amount
$0
Wlfr Ret Taxes Amount
$0
Wlfr Ret Charges Amount
$0
Wlfr Ret Oth Chrgs Amount
$0
Wlfr Ret Total Amount
$0
Wlfr Refund Amount
$0
Wlfr Held Bnfts Amount
$0
Wlfr Claims Reserve Amount
$0
Wlfr Oth Reserve Amount
$0
Wlfr Divnds Due Amount
$0
Wlfr Total Charges Paid Amount
$0
Wlfr Acquis Cost Amount
$0

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$346,749$149,522 change

Balance Sheet

Beginning and end of plan year.

Total assets$197,227$346,749Increase +$149,522 (75.81%)
Total liabilities$0$0No change $0
Net assets$197,227$346,749Increase +$149,522 (75.81%)

Contributions

Employer contributions$12,346
Participant contributions$54,213
Other contributions$27,905

Income & Expenses

Total income$150,824
Total expenses$1,302
Net income$149,522
Source fields
Schedule I source fields
Filing Id
84037233070054
Schedule I EIN
38-2201159
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2003-01-01
Schedule I Tax Period
20031231
Small plan total assets at beginning of year
$197,227
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$197,227
Small plan total assets at end of year
$346,749
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$346,749
Small plan employer contributions
$12,346
Small plan participant contributions
$54,213
Small Oth Contribution Rcvd Amount
$27,905
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$56,360
Small plan total income
$150,824
Small plan total benefit distributions
$1,302
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$1,302
Small plan net income or loss
$149,522
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
No
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$100,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN95-6817943

Transfers

Distributed property value$0
Schedule R source fields
Payor 95-6817943
Filing Id
84037233070054
Schedule R EIN
38-2201159
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2003-01-01
Schedule R Tax Period
20031231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
95-6817943
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0