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MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameMARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Stock bonus
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • The employer maintaining this ESOP is an S Corporation

401k Sponsoring company profile

MARRS ELECTRIC LLC, INCLUDING MARRS ELECTRIC INC OF ARKANSAS has sponsored the creation of one or more 401k plans.

Company Name:MARRS ELECTRIC LLC, INCLUDING MARRS ELECTRIC INC OF ARKANSAS
Employer identification number (EIN):731124827
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-11-01MICHAEL MARRS
0022015-11-01MICHAEL MARRS
0022014-11-01MICHAEL MARRS MICHAEL MARRS2016-03-11
0022013-11-01MICHAEL MARRS
0022012-11-01MICHAEL MARRS
0022011-11-01MICHAEL MARRS
0022010-11-01MICHAEL MARRS
0022009-11-01MICHAEL MARRS

Plan Statistics for MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2016: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-11-0125
Total number of active participants reported on line 7a of the Form 55002016-11-010
Number of retired or separated participants receiving benefits2016-11-010
Number of other retired or separated participants entitled to future benefits2016-11-010
Total of all active and inactive participants2016-11-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-11-010
Total participants2016-11-010
Number of participants with account balances2016-11-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-11-010
2015: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-11-01127
Total number of active participants reported on line 7a of the Form 55002015-11-0122
Number of retired or separated participants receiving benefits2015-11-010
Number of other retired or separated participants entitled to future benefits2015-11-013
Total of all active and inactive participants2015-11-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-11-010
Total participants2015-11-0125
Number of participants with account balances2015-11-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-11-010
2014: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-11-01119
Total number of active participants reported on line 7a of the Form 55002014-11-01109
Number of retired or separated participants receiving benefits2014-11-015
Number of other retired or separated participants entitled to future benefits2014-11-0112
Total of all active and inactive participants2014-11-01126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-11-011
Total participants2014-11-01127
Number of participants with account balances2014-11-01127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-11-013
2013: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-11-01120
Total number of active participants reported on line 7a of the Form 55002013-11-0197
Number of retired or separated participants receiving benefits2013-11-015
Number of other retired or separated participants entitled to future benefits2013-11-0115
Total of all active and inactive participants2013-11-01117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-11-011
Total participants2013-11-01118
Number of participants with account balances2013-11-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-11-018
2012: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-11-01111
Total number of active participants reported on line 7a of the Form 55002012-11-0189
Number of retired or separated participants receiving benefits2012-11-017
Number of other retired or separated participants entitled to future benefits2012-11-0112
Total of all active and inactive participants2012-11-01108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-11-011
Total participants2012-11-01109
Number of participants with account balances2012-11-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-11-015
2011: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-11-01119
Total number of active participants reported on line 7a of the Form 55002011-11-0185
Number of retired or separated participants receiving benefits2011-11-016
Number of other retired or separated participants entitled to future benefits2011-11-0111
Total of all active and inactive participants2011-11-01102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-11-011
Total participants2011-11-01103
Number of participants with account balances2011-11-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-11-016
2010: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year2010-11-01107
Total number of active participants reported on line 7a of the Form 55002010-11-0179
Number of retired or separated participants receiving benefits2010-11-0124
Number of other retired or separated participants entitled to future benefits2010-11-019
Total of all active and inactive participants2010-11-01112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-11-010
Total participants2010-11-01112
Number of participants with account balances2010-11-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-11-012
2009: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year2009-11-01105
Total number of active participants reported on line 7a of the Form 55002009-11-0165
Number of retired or separated participants receiving benefits2009-11-0119
Number of other retired or separated participants entitled to future benefits2009-11-0122
Total of all active and inactive participants2009-11-01106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-11-010
Total participants2009-11-01106
Number of participants with account balances2009-11-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-11-015

Financial Data on MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2017 : MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total income from all sources2017-01-31$0
Expenses. Total of all expenses incurred2017-01-31$58
Benefits paid (including direct rollovers)2017-01-31$58
Total plan assets at end of year2017-01-31$0
Total plan assets at beginning of year2017-01-31$58
Value of fidelity bond covering the plan2017-01-31$1,000,000
Net income (gross income less expenses)2017-01-31$-58
Net plan assets at end of year (total assets less liabilities)2017-01-31$0
Net plan assets at beginning of year (total assets less liabilities)2017-01-31$58
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-01-31$0
2016 : MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-10-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-10-31$11,457
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-10-31$442
Total income from all sources (including contributions)2016-10-31$443,540
Total loss/gain on sale of assets2016-10-31$0
Total of all expenses incurred2016-10-31$5,263,248
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-10-31$5,263,248
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-10-31$0
Value of total assets at end of year2016-10-31$11,515
Value of total assets at beginning of year2016-10-31$4,820,208
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-10-31$0
Total interest from all sources2016-10-31$18,290
Total dividends received (eg from common stock, registered investment company shares)2016-10-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-10-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-10-31$0
Was this plan covered by a fidelity bond2016-10-31Yes
Value of fidelity bond cover2016-10-31$1,000,000
If this is an individual account plan, was there a blackout period2016-10-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-10-31$2,124,350
Were there any nonexempt tranactions with any party-in-interest2016-10-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-10-31$2,833
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-10-31$1,066
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-10-31$11,457
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-10-31$442
Other income not declared elsewhere2016-10-31$425,250
Total non interest bearing cash at end of year2016-10-31$8,682
Total non interest bearing cash at beginning of year2016-10-31$144,076
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-10-31No
Value of net income/loss2016-10-31$-4,819,708
Value of net assets at end of year (total assets less liabilities)2016-10-31$58
Value of net assets at beginning of year (total assets less liabilities)2016-10-31$4,819,766
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-10-31No
Were any leases to which the plan was party in default or uncollectible2016-10-31No
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-10-31$543,474
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-10-31$543,474
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-10-31$18,290
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-10-31No
Was there a failure to transmit to the plan any participant contributions2016-10-31No
Has the plan failed to provide any benefit when due under the plan2016-10-31No
Assets. Invements in employer securities at beginning of year2016-10-31$2,124,360
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-10-31$5,263,248
Asset. Corporate debt instrument debt (other) at beginning of year2016-10-31$1,613,645
Assets. Corporate common stocks other than exployer securities at beginning of year2016-10-31$393,587
Did the plan have assets held for investment2016-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-10-31No
Opinion of an independent qualified public accountant for this plan2016-10-31Unqualified
Accountancy firm name2016-10-31BKD
Accountancy firm EIN2016-10-31440160260
2015 : MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Total plan liabilities at end of year2015-10-31$442
Total plan liabilities at beginning of year2015-10-31$1,542
Total income from all sources2015-10-31$660,518
Expenses. Total of all expenses incurred2015-10-31$182,352
Benefits paid (including direct rollovers)2015-10-31$182,352
Total plan assets at end of year2015-10-31$4,820,208
Total plan assets at beginning of year2015-10-31$4,343,142
Value of fidelity bond covering the plan2015-10-31$1,000,000
Other income received2015-10-31$660,518
Net income (gross income less expenses)2015-10-31$478,166
Net plan assets at end of year (total assets less liabilities)2015-10-31$4,819,766
Net plan assets at beginning of year (total assets less liabilities)2015-10-31$4,341,600
Assets. Value of employer securities2015-10-31$2,124,360
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-10-31$0
2014 : MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Total plan liabilities at end of year2014-10-31$1,542
Total plan liabilities at beginning of year2014-10-31$1,530
Total income from all sources2014-10-31$794,598
Expenses. Total of all expenses incurred2014-10-31$239,347
Benefits paid (including direct rollovers)2014-10-31$224,305
Total plan assets at end of year2014-10-31$4,343,142
Total plan assets at beginning of year2014-10-31$3,787,879
Value of fidelity bond covering the plan2014-10-31$1,000,000
Expenses. Other expenses not covered elsewhere2014-10-31$15,042
Other income received2014-10-31$794,598
Net income (gross income less expenses)2014-10-31$555,251
Net plan assets at end of year (total assets less liabilities)2014-10-31$4,341,600
Net plan assets at beginning of year (total assets less liabilities)2014-10-31$3,786,349
Assets. Value of employer securities2014-10-31$2,051,280
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-10-31$0
2013 : MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Total plan liabilities at end of year2013-10-31$1,530
Total plan liabilities at beginning of year2013-10-31$6,823
Total income from all sources2013-10-31$851,449
Expenses. Total of all expenses incurred2013-10-31$224,490
Benefits paid (including direct rollovers)2013-10-31$224,490
Total plan assets at end of year2013-10-31$3,787,879
Total plan assets at beginning of year2013-10-31$3,166,213
Value of fidelity bond covering the plan2013-10-31$1,000,000
Other income received2013-10-31$851,449
Net income (gross income less expenses)2013-10-31$626,959
Net plan assets at end of year (total assets less liabilities)2013-10-31$3,786,349
Net plan assets at beginning of year (total assets less liabilities)2013-10-31$3,159,390
Assets. Value of employer securities2013-10-31$1,711,080
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-10-31$0
2012 : MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Total plan liabilities at end of year2012-10-31$6,823
Total plan liabilities at beginning of year2012-10-31$0
Total income from all sources2012-10-31$1,213,441
Expenses. Total of all expenses incurred2012-10-31$389,619
Benefits paid (including direct rollovers)2012-10-31$366,655
Total plan assets at end of year2012-10-31$3,166,213
Total plan assets at beginning of year2012-10-31$2,335,568
Value of fidelity bond covering the plan2012-10-31$235,000
Expenses. Other expenses not covered elsewhere2012-10-31$22,964
Other income received2012-10-31$1,213,441
Net income (gross income less expenses)2012-10-31$823,822
Net plan assets at end of year (total assets less liabilities)2012-10-31$3,159,390
Net plan assets at beginning of year (total assets less liabilities)2012-10-31$2,335,568
Assets. Value of employer securities2012-10-31$1,673,280
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-10-31$0
2011 : MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Total plan liabilities at beginning of year2011-10-31$328
Total income from all sources2011-10-31$456,320
Expenses. Total of all expenses incurred2011-10-31$165,464
Benefits paid (including direct rollovers)2011-10-31$152,764
Total plan assets at end of year2011-10-31$2,335,568
Total plan assets at beginning of year2011-10-31$2,045,040
Value of fidelity bond covering the plan2011-10-31$205,000
Other income received2011-10-31$456,320
Net income (gross income less expenses)2011-10-31$290,856
Net plan assets at end of year (total assets less liabilities)2011-10-31$2,335,568
Net plan assets at beginning of year (total assets less liabilities)2011-10-31$2,044,712
Assets. Value of employer securities2011-10-31$1,411,200
Expenses. Administrative service providers (salaries,fees and commissions)2011-10-31$12,700
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-10-31$0
2010 : MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-10-31$0

Form 5500 Responses for MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2016: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-11-01Type of plan entitySingle employer plan
2016-11-01Submission has been amendedNo
2016-11-01This submission is the final filingYes
2016-11-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-11-01Plan is a collectively bargained planNo
2016-11-01Plan funding arrangement – TrustYes
2016-11-01Plan benefit arrangement - TrustYes
2015: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-11-01Type of plan entitySingle employer plan
2015-11-01Submission has been amendedNo
2015-11-01This submission is the final filingNo
2015-11-01This return/report is a short plan year return/report (less than 12 months)No
2015-11-01Plan is a collectively bargained planNo
2015-11-01Plan funding arrangement – TrustYes
2015-11-01Plan benefit arrangement - TrustYes
2014: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-11-01Type of plan entitySingle employer plan
2014-11-01Submission has been amendedNo
2014-11-01This submission is the final filingNo
2014-11-01This return/report is a short plan year return/report (less than 12 months)No
2014-11-01Plan is a collectively bargained planNo
2014-11-01Plan funding arrangement – TrustYes
2014-11-01Plan benefit arrangement - TrustYes
2013: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-11-01Type of plan entitySingle employer plan
2013-11-01Submission has been amendedNo
2013-11-01This submission is the final filingNo
2013-11-01This return/report is a short plan year return/report (less than 12 months)No
2013-11-01Plan is a collectively bargained planNo
2013-11-01Plan funding arrangement – TrustYes
2013-11-01Plan benefit arrangement - TrustYes
2012: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-11-01Type of plan entitySingle employer plan
2012-11-01Submission has been amendedNo
2012-11-01This submission is the final filingNo
2012-11-01This return/report is a short plan year return/report (less than 12 months)No
2012-11-01Plan is a collectively bargained planNo
2012-11-01Plan funding arrangement – TrustYes
2012-11-01Plan benefit arrangement - TrustYes
2011: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-11-01Type of plan entitySingle employer plan
2011-11-01Submission has been amendedNo
2011-11-01This submission is the final filingNo
2011-11-01This return/report is a short plan year return/report (less than 12 months)No
2011-11-01Plan is a collectively bargained planNo
2011-11-01Plan funding arrangement – TrustYes
2011-11-01Plan benefit arrangement - TrustYes
2010: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-11-01Type of plan entitySingle employer plan
2010-11-01Submission has been amendedNo
2010-11-01This submission is the final filingNo
2010-11-01This return/report is a short plan year return/report (less than 12 months)No
2010-11-01Plan is a collectively bargained planNo
2010-11-01Plan funding arrangement – TrustYes
2010-11-01Plan benefit arrangement - TrustYes
2009: MARRS ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-11-01Type of plan entitySingle employer plan
2009-11-01Submission has been amendedNo
2009-11-01This submission is the final filingNo
2009-11-01This return/report is a short plan year return/report (less than 12 months)No
2009-11-01Plan is a collectively bargained planNo
2009-11-01Plan funding arrangement – TrustYes
2009-11-01Plan benefit arrangement - TrustYes

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