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THE CONTRACTORS RETIREMENT PLAN 401k Plan overview

Plan NameTHE CONTRACTORS RETIREMENT PLAN
Plan identification number 001

THE CONTRACTORS RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

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

Company Name:MJC ELECTRIC, INC.
Employer identification number (EIN):330774039
NAIC Classification:238900

Additional information about MJC ELECTRIC, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1984-02-16
Company Identification Number: 895423
Legal Registered Office Address: 93 HARBOR LANE
Suffolk
BAY SHORE
United States of America (USA)
11706

More information about MJC ELECTRIC, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE CONTRACTORS RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARI SHUMATE-HARDICK2024-06-17 MARI SHUMATE-HARDICK2024-06-17
0012022-01-01MARI SHUMATE-HARDICK2023-05-18 MARI SHUMATE-HARDICK2023-05-18
0012021-01-01MARI SHUMATE-HARDICK2022-06-23 MARI SHUMATE-HARDICK2022-06-23
0012020-01-01MARI SHUMATE-HARDICK2021-05-21 MARI SHUMATE-HARDICK2021-05-21
0012019-01-01MARI SHUMATE-HARDICK2020-07-08 MARI SHUMATE-HARDICK2020-07-08
0012018-01-01MARI SHUMATE-HARDICK2019-06-24 MARI SHUMATE-HARDICK2019-06-24
0012017-01-01MARI SHUMATE-HARDICK2018-06-06 MARI SHUMATE-HARDICK2018-06-06
0012016-01-01MARI SHUMATE-HARDICK2017-07-07
0012015-01-01MARI SHUMATE-HARDICK2016-06-23

Financial Data on THE CONTRACTORS RETIREMENT PLAN

Measure Date Value
2025 : THE CONTRACTORS RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-1459841
Net assets as of the end of the plan year2025-07-14377248
Total assets as of the beginning of the plan year2025-07-14371918
Value of plan covered by a fidelity bond2025-07-1440000
Value of participant loans at end of plan year2025-07-1423499
Other contributions to plan in this plan year2025-07-141612
Other income to plan in this plan year2025-07-1423983
Plan net income in this plan year2025-07-145330
Net assets as of the end of the plan year2025-07-14377248
Net assets as of the beginning of the plan year2025-07-14371918
Employer contributions to plan in this plan year2025-07-1439576
2024 : THE CONTRACTORS RETIREMENT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-170
Total liabilities as of the end of the plan year2024-06-170
Total liabilities as of the beginning of the plan year2024-06-170
Total expenses incurred by plan in this plan year2024-06-178532
Net assets as of the end of the plan year2024-06-17371918
Total assets as of the beginning of the plan year2024-06-17292684
Value of plan covered by a fidelity bond2024-06-1730000
Participant contributions to plan in this plan year2024-06-170
Value of participant loans at end of plan year2024-06-1724188
Other expenses paid from plan in this plan year2024-06-170
Other contributions to plan in this plan year2024-06-170
Other income to plan in this plan year2024-06-1749779
Plan net income in this plan year2024-06-1779234
Net assets as of the end of the plan year2024-06-17371918
Net assets as of the beginning of the plan year2024-06-17292684
Employer contributions to plan in this plan year2024-06-1737987
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-170

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