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NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN 401k Plan overview

Plan NameNEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN
Plan identification number 001

NEW ENGLAND MARINE MONITORING, INC. 401(K) 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • 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

NEW ENGLAND MARINE MONITORING, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEW ENGLAND MARINE MONITORING, INC.
Employer identification number (EIN):842136886
NAIC Classification:114110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01PAMELA CROMBIE2024-07-15
0012022-01-01PAMELA CROMBIE2023-08-31

Plan Statistics for NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN

401k plan membership statisitcs for NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN

Measure Date Value
2025: NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-100
Total number of particpants at end of year2025-10-1020
Number of Participants With Account Balances2025-10-1020
2024: NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-158
Total number of particpants at end of year2024-07-1510
Number of Participants With Account Balances2024-07-158

Financial Data on NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN

Measure Date Value
2025 : NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-100
Total liabilities as of the end of the plan year2025-10-100
Total liabilities as of the beginning of the plan year2025-10-100
Total expenses incurred by plan in this plan year2025-10-10596
Net assets as of the end of the plan year2025-10-10232681
Total assets as of the beginning of the plan year2025-10-1086423
Value of plan covered by a fidelity bond2025-10-100
Participant contributions to plan in this plan year2025-10-1039874
Value of participant loans at end of plan year2025-10-100
Other expenses paid from plan in this plan year2025-10-100
Other contributions to plan in this plan year2025-10-1061791
Other income to plan in this plan year2025-10-1011931
Plan net income in this plan year2025-10-10146258
Net assets as of the end of the plan year2025-10-10232681
Net assets as of the beginning of the plan year2025-10-1086423
Employer contributions to plan in this plan year2025-10-1033258
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-10596
2024 : NEW ENGLAND MARINE MONITORING, INC. 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-150
Total liabilities as of the end of the plan year2024-07-150
Total liabilities as of the beginning of the plan year2024-07-150
Total expenses incurred by plan in this plan year2024-07-1511849
Net assets as of the end of the plan year2024-07-1586423
Total assets as of the beginning of the plan year2024-07-1563148
Participant contributions to plan in this plan year2024-07-1513185
Other expenses paid from plan in this plan year2024-07-150
Other contributions to plan in this plan year2024-07-150
Other income to plan in this plan year2024-07-1512135
Plan net income in this plan year2024-07-1523275
Net assets as of the end of the plan year2024-07-1586423
Net assets as of the beginning of the plan year2024-07-1563148
Employer contributions to plan in this plan year2024-07-159804
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-15460

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