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THE THOMAS EDISON GROUP 401K 401k Plan overview

Plan NameTHE THOMAS EDISON GROUP 401K
Plan identification number 001

THE THOMAS EDISON GROUP 401K 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.
  • 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

THE THOMAS EDISON GROUP INC has sponsored the creation of one or more 401k plans.

Company Name:THE THOMAS EDISON GROUP INC
Employer identification number (EIN):811951079
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE THOMAS EDISON GROUP 401K

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SHIRLEY HORNER2024-09-04
0012022-11-01SHIRLEY HORNER2023-08-31

Plan Statistics for THE THOMAS EDISON GROUP 401K

401k plan membership statisitcs for THE THOMAS EDISON GROUP 401K

Measure Date Value
2025: THE THOMAS EDISON GROUP 401K 2025 401k membership
Total number of particpants at beginning of year2025-07-2219
Total number of particpants at end of year2025-07-2210
Number of Participants With Account Balances2025-07-2210
2024: THE THOMAS EDISON GROUP 401K 2024 401k membership
Total number of particpants at beginning of year2024-09-0410
Total number of particpants at end of year2024-09-0416
Number of Participants With Account Balances2024-09-0414

Financial Data on THE THOMAS EDISON GROUP 401K

Measure Date Value
2025 : THE THOMAS EDISON GROUP 401K 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-2215102
Net assets as of the end of the plan year2025-07-2211950
Total assets as of the beginning of the plan year2025-07-2216290
Value of plan covered by a fidelity bond2025-07-222000
Participant contributions to plan in this plan year2025-07-228631
Other income to plan in this plan year2025-07-222131
Plan net income in this plan year2025-07-22-4340
Net assets as of the end of the plan year2025-07-2211950
Net assets as of the beginning of the plan year2025-07-2216290
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-22923
2024 : THE THOMAS EDISON GROUP 401K 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-041094
Net assets as of the end of the plan year2024-09-0416290
Value of plan covered by a fidelity bond2024-09-041000
Participant contributions to plan in this plan year2024-09-0415987
Other income to plan in this plan year2024-09-041397
Plan net income in this plan year2024-09-0416290
Net assets as of the end of the plan year2024-09-0416290
Net assets as of the beginning of the plan year2024-09-040
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-04110

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