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GREAT LAKES ELECTRICAL SERVICE 401k Plan overview

Plan NameGREAT LAKES ELECTRICAL SERVICE
Plan identification number 001

GREAT LAKES ELECTRICAL SERVICE 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.
  • 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.

401k Sponsoring company profile

GREAT LAKES ELECTRICAL SERVICE has sponsored the creation of one or more 401k plans.

Company Name:GREAT LAKES ELECTRICAL SERVICE
Employer identification number (EIN):260452092
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREAT LAKES ELECTRICAL SERVICE

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DAVE FRIEDMAN2025-01-13
0012022-01-01DAVE FRIEDMAN2023-06-08
0012021-02-01DAVE FRIEDMAN2023-06-08

Financial Data on GREAT LAKES ELECTRICAL SERVICE

Measure Date Value
2025 : GREAT LAKES ELECTRICAL SERVICE 2025 401k financial data
Total transfers to/from plan in this plan year2025-01-13-39526
Total expenses incurred by plan in this plan year2025-01-136178
Net assets as of the end of the plan year2025-01-130
Total assets as of the beginning of the plan year2025-01-1330731
Value of plan covered by a fidelity bond2025-01-134000
Participant contributions to plan in this plan year2025-01-136011
Other income to plan in this plan year2025-01-135321
Plan net income in this plan year2025-01-138795
Net assets as of the end of the plan year2025-01-130
Net assets as of the beginning of the plan year2025-01-1330731
Employer contributions to plan in this plan year2025-01-133641
Expensese paid to adminstrative service provicers from plan in this plan year2025-01-13151
2023 : GREAT LAKES ELECTRICAL SERVICE 2023 401k financial data
Total expenses incurred by plan in this plan year2023-06-0824
Net assets as of the end of the plan year2023-06-0818143
Value of plan covered by a fidelity bond2023-06-081000
Participant contributions to plan in this plan year2023-06-0810372
Other income to plan in this plan year2023-06-08661
Plan net income in this plan year2023-06-0818143
Net assets as of the end of the plan year2023-06-0818143
Net assets as of the beginning of the plan year2023-06-080
Employer contributions to plan in this plan year2023-06-087134
Expensese paid to adminstrative service provicers from plan in this plan year2023-06-0824

Potentially related plans

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