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T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN 401k Plan overview

Plan NameT & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN
Plan identification number 001

T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

T & M ELECTRIC OF CLAY COUNTY, INC. has sponsored the creation of one or more 401k plans.

Company Name:T & M ELECTRIC OF CLAY COUNTY, INC.
Employer identification number (EIN):592052695
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TINA L. BURT2024-04-15 JAMES E. LINTON2024-04-17
0012022-01-01TINA L. BURT2023-06-08 JAMES E. LINTON2023-06-08
0012021-01-01TINA L. BURT2022-06-16 JAMES E. LINTON2022-06-16
0012020-01-01TINA L. BURT2021-06-04 JAMES E. LINTON2021-06-04
0012019-01-01JAMES E. LINTON2020-04-28
0012018-01-01JAMES E. LINTON2019-05-18
0012017-01-01JAMES E. LINTON2018-05-07
0012016-01-01JAMES LINTON2017-02-15 JAMES LINTON2017-02-15
0012015-01-01JAMES LINTON2016-03-09 JAMES LINTON2016-03-09
0012013-01-01JAMES LINTON2014-02-19 JAMES LINTON2014-02-19
0012012-01-01JAMES LINTON2013-01-31 JAMES LINTON2013-01-31
0012011-01-01JAMES LINTON2012-01-23 JAMES LINTON2012-01-23
0012010-01-01JAMES LINTON2011-03-23 JAMES LINTON2011-03-23

Plan Statistics for T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN

401k plan membership statisitcs for T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN

Measure Date Value
2025: T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-1385
Total number of particpants at end of year2025-06-1388
Number of Participants With Account Balances2025-06-1346
2024: T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-04-1784
Total number of particpants at end of year2024-04-1779
Number of Participants With Account Balances2024-04-1743

Financial Data on T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN

Measure Date Value
2025 : T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-06-130
Total expenses incurred by plan in this plan year2025-06-13701217
Net assets as of the end of the plan year2025-06-135953747
Total assets as of the beginning of the plan year2025-06-135570643
Value of plan covered by a fidelity bond2025-06-13500000
Participant contributions to plan in this plan year2025-06-13241054
Value of participant loans at end of plan year2025-06-1339516
Other income to plan in this plan year2025-06-13741616
Plan net income in this plan year2025-06-13383104
Net assets as of the end of the plan year2025-06-135953747
Net assets as of the beginning of the plan year2025-06-135570643
Employer contributions to plan in this plan year2025-06-13101651
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-1368297
2024 : T & M ELECTRIC, INC. 401(K) AND PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-17215772
Net assets as of the end of the plan year2024-04-175570643
Total assets as of the beginning of the plan year2024-04-174888953
Value of plan covered by a fidelity bond2024-04-17500000
Participant contributions to plan in this plan year2024-04-17200042
Value of participant loans at end of plan year2024-04-1749889
Other income to plan in this plan year2024-04-17613469
Plan net income in this plan year2024-04-17681690
Net assets as of the end of the plan year2024-04-175570643
Net assets as of the beginning of the plan year2024-04-174888953
Employer contributions to plan in this plan year2024-04-1783951
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-1758301

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