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Plan Name | EMI 401(K) PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | ELECTRO-MECHANICAL INDUSTRIES, INC. |
Employer identification number (EIN): | 760626218 |
NAIC Classification: | 335900 |
Additional information about ELECTRO-MECHANICAL INDUSTRIES, INC.
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 1976-02-10 |
Company Identification Number: | 0164518 |
Legal Registered Office Address: |
806 NORTH HENRY STREET ALEXANDRIA United States of America (USA) 22314 |
More information about ELECTRO-MECHANICAL INDUSTRIES, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | ||||
001 | 2021-01-01 | ||||
001 | 2020-01-01 | ||||
001 | 2019-01-01 | ||||
001 | 2018-01-01 | ||||
001 | 2017-01-01 | ||||
001 | 2016-01-01 | ||||
001 | 2015-01-01 | MICHELE JOHNSON | 2016-07-27 | ||
001 | 2014-01-01 | MICHELE JOHNSON | 2015-07-01 |
Measure | Date | Value |
---|---|---|
2022: EMI 401(K) PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 142 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 110 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 19 |
Total of all active and inactive participants | 2022-01-01 | 129 |
Total participants | 2022-01-01 | 129 |
Number of participants with account balances | 2022-01-01 | 67 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2022 : EMI 401(K) PLAN 2022 401k financial data | ||
Total income from all sources (including contributions) | 2022-12-31 | $-267,853 |
Total of all expenses incurred | 2022-12-31 | $458,289 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $438,885 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $248,651 |
Value of total assets at end of year | 2022-12-31 | $2,679,510 |
Value of total assets at beginning of year | 2022-12-31 | $3,405,652 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $19,404 |
Total interest from all sources | 2022-12-31 | $391 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $280,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $157,804 |
Participant contributions at end of year | 2022-12-31 | $3,994 |
Participant contributions at beginning of year | 2022-12-31 | $13,116 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-726,142 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,679,510 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,405,652 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $19,404 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,675,516 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $3,392,536 |
Interest on participant loans | 2022-12-31 | $391 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-516,895 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $90,847 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $438,885 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | Yes |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | PRICEKUBECKA, PLLC |
Accountancy firm EIN | 2022-12-31 | 752783674 |
2022: EMI 401(K) PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Plan funding arrangement – Insurance | Yes |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |