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SCHNEIDER ELECTRIC COMPANY 401K PLAN 401k Plan overview

Plan NameSCHNEIDER ELECTRIC COMPANY 401K PLAN
Plan identification number 002

SCHNEIDER ELECTRIC COMPANY 401K 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.
  • 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.
  • Plan covering Self-Employed individuals.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SCHNEIDER ELECTRIC OF ST. LOUIS, LLC has sponsored the creation of one or more 401k plans.

Company Name:SCHNEIDER ELECTRIC OF ST. LOUIS, LLC
Employer identification number (EIN):462932068
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SCHNEIDER ELECTRIC COMPANY 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01VINCENT THOMAS2024-01-26
0022022-01-01VINCENT THOMAS2023-05-25
0022021-01-01VINCENT THOMAS2022-11-15
0022020-01-01VINCENT THOMAS2021-07-29
0022019-01-01VINCENT THOMAS2020-09-23
0022018-01-01VINCENT THOMAS2019-10-10
0022017-01-01JAMIE LANCASTER2018-07-10
0022016-01-01JAMIE LANCASTER2017-04-10
0022015-01-01JAMIE LANCASTER2016-07-02
0022014-01-01JAMIE LANCASTER2015-06-23
0022013-01-01JAMIE LANCASTER2014-07-25

Financial Data on SCHNEIDER ELECTRIC COMPANY 401K PLAN

Measure Date Value
2024 : SCHNEIDER ELECTRIC COMPANY 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-01-26-399052
Total expenses incurred by plan in this plan year2024-01-26236378
Net assets as of the end of the plan year2024-01-260
Total assets as of the beginning of the plan year2024-01-26614633
Value of plan covered by a fidelity bond2024-01-26125000
Value of participant loans at end of plan year2024-01-260
Other expenses paid from plan in this plan year2024-01-261990
Other income to plan in this plan year2024-01-2620797
Plan net income in this plan year2024-01-26-215581
Net assets as of the end of the plan year2024-01-260
Net assets as of the beginning of the plan year2024-01-26614633
2022 : SCHNEIDER ELECTRIC COMPANY 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-11-1512578
Net assets as of the end of the plan year2022-11-15737329
Total assets as of the beginning of the plan year2022-11-15599190
Value of plan covered by a fidelity bond2022-11-15125000
Participant contributions to plan in this plan year2022-11-1558333
Value of participant loans at end of plan year2022-11-1511839
Other expenses paid from plan in this plan year2022-11-152220
Other income to plan in this plan year2022-11-1564522
Plan net income in this plan year2022-11-15138139
Net assets as of the end of the plan year2022-11-15737329
Net assets as of the beginning of the plan year2022-11-15599190
Employer contributions to plan in this plan year2022-11-1527862
Fees paid to broker by Benefit Provider2022-11-15157

Potentially related plans

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