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M & D ELECTRICAL SOLUTIONS LLC 401K PLAN 401k Plan overview

Plan NameM & D ELECTRICAL SOLUTIONS LLC 401K PLAN
Plan identification number 001

M & D ELECTRICAL SOLUTIONS LLC 401K 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.
  • 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

M & D ELECTRICAL SOLUTIONS LLC has sponsored the creation of one or more 401k plans.

Company Name:M & D ELECTRICAL SOLUTIONS LLC
Employer identification number (EIN):455347248
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan M & D ELECTRICAL SOLUTIONS LLC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NICK RICE2024-09-04
0012022-01-01SHIRLEY HORNER2023-08-09
0012021-08-01SHIRLEY HORNER2022-09-16

Plan Statistics for M & D ELECTRICAL SOLUTIONS LLC 401K PLAN

401k plan membership statisitcs for M & D ELECTRICAL SOLUTIONS LLC 401K PLAN

Measure Date Value
2025: M & D ELECTRICAL SOLUTIONS LLC 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-1811
Total number of particpants at end of year2025-07-1811
Number of Participants With Account Balances2025-07-1810
2024: M & D ELECTRICAL SOLUTIONS LLC 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-0410
Total number of particpants at end of year2024-09-0411
Number of Participants With Account Balances2024-09-049
2022: M & D ELECTRICAL SOLUTIONS LLC 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-165
Total number of particpants at end of year2022-09-167
Number of Participants With Account Balances2022-09-166

Financial Data on M & D ELECTRICAL SOLUTIONS LLC 401K PLAN

Measure Date Value
2025 : M & D ELECTRICAL SOLUTIONS LLC 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-182367
Net assets as of the end of the plan year2025-07-18287756
Total assets as of the beginning of the plan year2025-07-18209141
Value of plan covered by a fidelity bond2025-07-1821000
Participant contributions to plan in this plan year2025-07-1839077
Other income to plan in this plan year2025-07-1823493
Plan net income in this plan year2025-07-1878615
Net assets as of the end of the plan year2025-07-18287756
Net assets as of the beginning of the plan year2025-07-18209141
Employer contributions to plan in this plan year2025-07-1818412
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-182367
2024 : M & D ELECTRICAL SOLUTIONS LLC 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-044478
Net assets as of the end of the plan year2024-09-04209141
Total assets as of the beginning of the plan year2024-09-04131285
Value of plan covered by a fidelity bond2024-09-0414000
Participant contributions to plan in this plan year2024-09-0436378
Other income to plan in this plan year2024-09-0427305
Plan net income in this plan year2024-09-0477856
Net assets as of the end of the plan year2024-09-04209141
Net assets as of the beginning of the plan year2024-09-04131285
Employer contributions to plan in this plan year2024-09-0418651
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-041594
2022 : M & D ELECTRICAL SOLUTIONS LLC 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-16107
Net assets as of the end of the plan year2022-09-1649455
Value of plan covered by a fidelity bond2022-09-161000
Participant contributions to plan in this plan year2022-09-168585
Other contributions to plan in this plan year2022-09-1635000
Other income to plan in this plan year2022-09-161000
Plan net income in this plan year2022-09-1649455
Net assets as of the end of the plan year2022-09-1649455
Net assets as of the beginning of the plan year2022-09-160
Employer contributions to plan in this plan year2022-09-164977
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-16107

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