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JM EQUIPMENT 401(K) PLAN 401k Plan overview

Plan NameJM EQUIPMENT 401(K) PLAN
Plan identification number 001

JM EQUIPMENT 401(K) 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.
  • 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

JM EQUIPMENT, INC. has sponsored the creation of one or more 401k plans.

Company Name:JM EQUIPMENT, INC.
Employer identification number (EIN):382875485
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JM EQUIPMENT 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SETH MERRELL2024-09-13
0012022-01-01SETH MERRELL2023-06-15
0012021-01-01SETH MERRELL2022-09-16
0012020-01-01SETH MERRELL2021-10-15
0012019-01-01SETH MERRELL2020-10-02
0012018-01-01SETH MERRELL2019-10-11
0012017-01-01SETH MERRELL2018-06-06

Financial Data on JM EQUIPMENT 401(K) PLAN

Measure Date Value
2025 : JM EQUIPMENT 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-0429254
Net assets as of the end of the plan year2025-09-04653813
Total assets as of the beginning of the plan year2025-09-04577263
Value of plan covered by a fidelity bond2025-09-0463702
Participant contributions to plan in this plan year2025-09-0417474
Other expenses paid from plan in this plan year2025-09-040
Other contributions to plan in this plan year2025-09-0410671
Other income to plan in this plan year2025-09-0463303
Plan net income in this plan year2025-09-0476550
Net assets as of the end of the plan year2025-09-04653813
Net assets as of the beginning of the plan year2025-09-04577263
Employer contributions to plan in this plan year2025-09-0414356
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-04300
2024 : JM EQUIPMENT 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-13115242
Net assets as of the end of the plan year2024-09-13577263
Total assets as of the beginning of the plan year2024-09-13578900
Value of plan covered by a fidelity bond2024-09-1363702
Participant contributions to plan in this plan year2024-09-1323584
Other expenses paid from plan in this plan year2024-09-130
Other contributions to plan in this plan year2024-09-130
Other income to plan in this plan year2024-09-1372293
Plan net income in this plan year2024-09-13-1637
Net assets as of the end of the plan year2024-09-13577263
Net assets as of the beginning of the plan year2024-09-13578900
Employer contributions to plan in this plan year2024-09-1317728
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-13200
2022 : JM EQUIPMENT 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-167966
Net assets as of the end of the plan year2022-09-16637019
Total assets as of the beginning of the plan year2022-09-16529660
Value of plan covered by a fidelity bond2022-09-1652966
Participant contributions to plan in this plan year2022-09-1632260
Other expenses paid from plan in this plan year2022-09-160
Other contributions to plan in this plan year2022-09-160
Other income to plan in this plan year2022-09-1663909
Plan net income in this plan year2022-09-16107359
Net assets as of the end of the plan year2022-09-16637019
Net assets as of the beginning of the plan year2022-09-16529660
Employer contributions to plan in this plan year2022-09-1619156
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-16145

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