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EL PASO ELECTRIC LLC 401k Plan overview

Plan NameEL PASO ELECTRIC LLC
Plan identification number 001

EL PASO ELECTRIC LLC 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

EL PASO ELECTRIC LLC has sponsored the creation of one or more 401k plans.

Company Name:EL PASO ELECTRIC LLC
Employer identification number (EIN):371551293
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EL PASO ELECTRIC LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01SHIRLEY HORNER2024-12-18
0012023-01-01SHIRLEY HORNER2024-07-03
0012022-01-01SHIRLEY HORNER2023-07-07

Financial Data on EL PASO ELECTRIC LLC

Measure Date Value
2024 : EL PASO ELECTRIC LLC 2024 401k financial data
Total transfers to/from plan in this plan year2024-12-18-31328
Total expenses incurred by plan in this plan year2024-12-180
Net assets as of the end of the plan year2024-12-180
Total assets as of the beginning of the plan year2024-12-1817885
Value of plan covered by a fidelity bond2024-12-182000
Participant contributions to plan in this plan year2024-12-1810649
Other income to plan in this plan year2024-12-182794
Plan net income in this plan year2024-12-1813443
Net assets as of the end of the plan year2024-12-180
Net assets as of the beginning of the plan year2024-12-1817885
Total expenses incurred by plan in this plan year2024-07-031959
Net assets as of the end of the plan year2024-07-0317885
Total assets as of the beginning of the plan year2024-07-03360
Value of plan covered by a fidelity bond2024-07-031000
Participant contributions to plan in this plan year2024-07-0317859
Other income to plan in this plan year2024-07-031625
Plan net income in this plan year2024-07-0317525
Net assets as of the end of the plan year2024-07-0317885
Net assets as of the beginning of the plan year2024-07-03360
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-03275

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