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  5. BEST PRACTICE ENERGY LLC.

BEST PRACTICE ENERGY LLC.

Headquarter

Company Details

Name: BEST PRACTICE ENERGY LLC.
Jurisdiction: Rhode Island
Entity type: Domestic Limited Liability Company
Status: Dissolved
Date of Organization in Rhode Island: 15 Sep 2010 (15 years ago)
Date of Dissolution: 25 Sep 2023 (2 years ago)
Date of Status Change: 25 Sep 2023 (2 years ago)
Identification Number: 000551201
ZIP code: 02892
County: Washington County
Principal Address: 24 TUPELO DRIVE SUITE H3, WEST KINGSTON, RI, 02892, USA
Mailing Address: 24 SALT POND ROAD SUITE H3, WAKEFIELD, RI, 02879, USA
Purpose: ENERGY BROKER

Industry & Business Activity

NAICS

221122 Electric Power Distribution

This U.S. industry comprises electric power establishments primarily engaged in either (1) operating electric power distribution systems (i.e., consisting of lines, poles, meters, and wiring) or (2) operating as electric power brokers or agents that arrange the sale of electricity via power distribution systems operated by others. Learn more at the U.S. Census Bureau

Companies doing Electric power distribution

Links between entities

Type Company Name Company Number State
Headquarter of BEST PRACTICE ENERGY LLC., CONNECTICUT 1188974 CONNECTICUT
Headquarter of BEST PRACTICE ENERGY LLC., ILLINOIS LLC_06380859 ILLINOIS

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
BEST PRACTICE ENERGY LLC 401(K) PLAN 2022 273468695 2023-05-25 BEST PRACTICE ENERGY LLC 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 541600
Sponsor’s telephone number 4015942300
Plan sponsor’s address 24 SALT POND ROAD, SUITE H3, WAKEFIELD, RI, 02879

Signature of
Role Plan administrator
Date 2023-05-25
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-05-25
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
BEST PRACTICE ENERGY LLC 401(K) PLAN 2022 273468695 2023-07-31 BEST PRACTICE ENERGY LLC 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 541600
Sponsor’s telephone number 4015942300
Plan sponsor’s address 24 SALT POND ROAD, SUITE H3, WAKEFIELD, RI, 02879

Signature of
Role Plan administrator
Date 2023-07-31
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-07-31
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
BEST PRACTICE ENERGY LLC 401(K) PLAN 2021 273468695 2022-04-19 BEST PRACTICE ENERGY LLC 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 541600
Sponsor’s telephone number 4015942300
Plan sponsor’s address 24 SALT POND ROAD, SUITE H3, WAKEFIELD, RI, 02879

Signature of
Role Plan administrator
Date 2022-04-19
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-04-19
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
BEST PRACTICE ENERGY LLC 401(K) PLAN 2020 273468695 2021-07-22 BEST PRACTICE ENERGY LLC 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 541600
Sponsor’s telephone number 4015942300
Plan sponsor’s address 24 SALT POND ROAD, SUITE H3, WAKEFIELD, RI, 02879

Signature of
Role Plan administrator
Date 2021-07-22
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-07-22
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
BEST PRACTICE ENERGY LLC 401(K) PLAN 2019 273468695 2020-04-28 BEST PRACTICE ENERGY LLC 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 541600
Sponsor’s telephone number 4015942300
Plan sponsor’s address 24 SALT POND ROAD, SUITE H3, WAKEFIELD, RI, 02879

Signature of
Role Plan administrator
Date 2020-04-28
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-04-28
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
BEST PRACTICE ENERGY LLC 401(K) PLAN 2018 273468695 2019-09-23 BEST PRACTICE ENERGY LLC 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 541600
Sponsor’s telephone number 4015942300
Plan sponsor’s address 24 SALT POND ROAD, SUITE H3, WAKEFIELD, RI, 02879

Signature of
Role Plan administrator
Date 2019-09-23
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-09-23
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
BEST PRACTICE ENERGY LLC 401(K) PLAN 2017 273468695 2018-10-02 BEST PRACTICE ENERGY LLC 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 541600
Sponsor’s telephone number 4015942300
Plan sponsor’s address 24 SALT POND ROAD, SUITE H3, WAKEFIELD, RI, 02879

Signature of
Role Plan administrator
Date 2018-10-02
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-10-02
Name of individual signing JEFFREY KREYSSIG
Valid signature Filed with authorized/valid electronic signature
BEST PRACTICE ENERGY LLC 401(K) PLAN 2016 273468695 2017-10-02 BEST PRACTICE ENERGY LLC 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 541600
Sponsor’s telephone number 4015942300
Plan sponsor’s address 24 SALT POND ROAD, SUITE H3, WAKEFIELD, RI, 02879

Signature of
Role Plan administrator
Date 2017-10-02
Name of individual signing BRAYN YAGOOBIAN
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-10-02
Name of individual signing BRAYN YAGOOBIAN
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
VICTORIA BARTLETT Agent 24 SALT POND ROAD SUITE H3, WAKEFIELD, RI, 02879, USA

Filings

Number Name File Date
202341881980 Articles of Dissolution 2023-09-25
202340741780 Certificate of Correction 2023-09-05
202327278320 Annual Report 2023-02-02
202211445740 Annual Report 2022-02-23
202107041850 Annual Report 2021-12-13
202106217850 Revocation Notice For Failure to File An Annual Report 2021-12-03
202064129770 Annual Report 2020-10-14
201925861800 Annual Report 2019-10-28
201925068920 Statement of Change of Registered/Resident Agent 2019-10-23
201878469450 Annual Report 2018-09-28

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4397677100 2020-04-13 0165 PPP 24 SALT POND RD, WAKEFIELD, RI, 02879-4304
Loan Status Date 2021-04-09
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 332426
Loan Approval Amount (current) 332426
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65777
Servicing Lender Name The Washington Trust Company of Westerly
Servicing Lender Address 23 Broad St, WESTERLY, RI, 02891-1879
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address WAKEFIELD, WASHINGTON, RI, 02879-4304
Project Congressional District RI-02
Number of Employees 20
NAICS code 221122
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 65777
Originating Lender Name The Washington Trust Company of Westerly
Originating Lender Address WESTERLY, RI
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 335464
Forgiveness Paid Date 2021-03-23

Related by officers

VICTORIA BARTLETT

BKB PROPERTIES LLC

Related by address

24 SALT POND ROAD SUITE H3, WAKEFIELD, RI, 02879, USA

BKB PROPERTIES LLC Collaborative Energy Options, Inc.

Date of last update: 14 Oct 2024

Sources: Rhode Island Department of State

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