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GREAT LAKES ENGINEERING PROFIT SHARING 401k Plan overview

Plan NameGREAT LAKES ENGINEERING PROFIT SHARING
Plan identification number 001

GREAT LAKES ENGINEERING PROFIT SHARING 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.
  • 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 ENGINEERING GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name:GREAT LAKES ENGINEERING GROUP, LLC
Employer identification number (EIN):383526743
NAIC Classification:541330
NAIC Description:Engineering Services

Additional information about GREAT LAKES ENGINEERING GROUP, LLC

Jurisdiction of Incorporation: Michigan Department of Licensing & Regulatory Affairs
Incorporation Date:
Company Identification Number: B50518

More information about GREAT LAKES ENGINEERING GROUP, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREAT LAKES ENGINEERING PROFIT SHARING

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ROSS BECKER2024-08-27
0012022-01-01ROSS BECKER2023-08-11
0012021-01-01ROSS BECKER2022-09-19
0012020-01-01ROSS BECKER2021-10-04
0012019-01-01AMY TRAHEY2020-10-13
0012018-01-01
0012017-01-01AMY TRAHEY2018-10-11
0012016-01-01AMY TRAHEY2017-10-12
0012015-01-01AMY TRAHEY2016-10-14
0012014-01-01AMY TRAHEY2015-07-15 AMY TRAHEY2015-07-15
0012013-01-01AMY TRAHEY2014-07-03 AMY TRAHEY2014-07-03
0012012-01-01AMY L TRAHEY2013-09-11 AMY L TRAHEY2013-09-11
0012011-01-01AMY TRAHEY2012-08-13 AMY TRAHEY2012-08-13
0012010-01-01AMY TRAHEY2011-07-19 AMY TRAHEY2011-07-19

Plan Statistics for GREAT LAKES ENGINEERING PROFIT SHARING

401k plan membership statisitcs for GREAT LAKES ENGINEERING PROFIT SHARING

Measure Date Value
2025: GREAT LAKES ENGINEERING PROFIT SHARING 2025 401k membership
Total number of particpants at beginning of year2025-09-0954
Total number of particpants at end of year2025-09-0949
Number of Participants With Account Balances2025-09-0949
2024: GREAT LAKES ENGINEERING PROFIT SHARING 2024 401k membership
Total number of particpants at beginning of year2024-08-2754
Total number of particpants at end of year2024-08-2753
Number of Participants With Account Balances2024-08-2752

Financial Data on GREAT LAKES ENGINEERING PROFIT SHARING

Measure Date Value
2025 : GREAT LAKES ENGINEERING PROFIT SHARING 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-09330880
Net assets as of the end of the plan year2025-09-098851618
Total assets as of the beginning of the plan year2025-09-097273640
Value of plan covered by a fidelity bond2025-09-09500000
Participant contributions to plan in this plan year2025-09-09434367
Value of participant loans at end of plan year2025-09-09124023
Other income to plan in this plan year2025-09-09965836
Plan net income in this plan year2025-09-091577978
Net assets as of the end of the plan year2025-09-098851618
Net assets as of the beginning of the plan year2025-09-097273640
Employer contributions to plan in this plan year2025-09-09508655
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-0917368
2024 : GREAT LAKES ENGINEERING PROFIT SHARING 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-08-270
Total expenses incurred by plan in this plan year2024-08-27100022
Net assets as of the end of the plan year2024-08-277273640
Total assets as of the beginning of the plan year2024-08-275409831
Value of plan covered by a fidelity bond2024-08-27500000
Participant contributions to plan in this plan year2024-08-27408517
Value of participant loans at end of plan year2024-08-27116706
Other contributions to plan in this plan year2024-08-275112
Other income to plan in this plan year2024-08-271053615
Plan net income in this plan year2024-08-271863809
Net assets as of the end of the plan year2024-08-277273640
Net assets as of the beginning of the plan year2024-08-275409831
Employer contributions to plan in this plan year2024-08-27496587
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-2714728

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