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SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN 401k Plan overview

Plan NameSOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN
Plan identification number 001

SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING 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.
  • 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.

401k Sponsoring company profile

SOUTH SHORE ELECTRIC, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUTH SHORE ELECTRIC, INC.
Employer identification number (EIN):113161194
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Additional information about SOUTH SHORE ELECTRIC, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1993-05-17
Company Identification Number: 1727383
Legal Registered Office Address: 1775 NEWBRIDGE ROAD
Nassau
NORTH BELLMORE
United States of America (USA)
11710

More information about SOUTH SHORE ELECTRIC, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JODI MILLER2024-05-13 JODI MILLER2024-05-13
0012022-01-01JODI MILLER2023-07-27 JODI MILLER2023-07-27
0012021-01-01JODI MILLER2022-07-22 JODI MILLER2022-07-22
0012020-01-01JODI MILLER2021-08-16 JODI MILLER2021-08-16
0012019-01-01JODI MILLER2020-09-14 JODI MILLER2020-09-14
0012018-01-01JODI MILLER2019-08-22 JODI MILLER2019-08-22
0012017-01-01JODI MILLER2018-06-23 JODI MILLER2018-06-23
0012016-01-01JODI MILLER2017-06-30 JODI MILLER2017-06-30
0012015-01-01JODI MILLER2016-06-05 JODI MILLER2016-06-05
0012014-01-01JODI MILLER2015-09-18 JODI MILLER2015-09-18
0012013-01-01JODI MILLER2014-05-24 JODI MILLER2014-05-24
0012012-01-01JODI MILLER2013-08-30 JODI MILLER2013-08-30
0012011-01-01JODI MILLER2012-08-01 JODI MILLER2012-08-01
0012010-01-01JODI MILLER2011-10-24 JODI MILLER2011-10-24

Plan Statistics for SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN

401k plan membership statisitcs for SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN

Measure Date Value
2025: SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-212
Total number of particpants at end of year2025-06-212
Number of Participants With Account Balances2025-06-212
2024: SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-132
Total number of particpants at end of year2024-05-132
Number of Participants With Account Balances2024-05-132

Financial Data on SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN

Measure Date Value
2025 : SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN 2025 401k financial data
Net assets as of the end of the plan year2025-06-21114509
Total assets as of the beginning of the plan year2025-06-2193419
Value of plan covered by a fidelity bond2025-06-2120000
Participant contributions to plan in this plan year2025-06-213404
Other income to plan in this plan year2025-06-2115186
Plan net income in this plan year2025-06-2121090
Net assets as of the end of the plan year2025-06-21114509
Net assets as of the beginning of the plan year2025-06-2193419
Employer contributions to plan in this plan year2025-06-212500
2024 : SOUTH SHORE ELECTRIC, INC. 401 (K) PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-05-130
Net assets as of the end of the plan year2024-05-1393419
Total assets as of the beginning of the plan year2024-05-1380275
Value of plan covered by a fidelity bond2024-05-1320000
Participant contributions to plan in this plan year2024-05-133355
Other income to plan in this plan year2024-05-139789
Plan net income in this plan year2024-05-1313144
Net assets as of the end of the plan year2024-05-1393419
Net assets as of the beginning of the plan year2024-05-1380275

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