401k Plan data: AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN plan

AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN 401k Plan overview

Plan Name	AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN
Plan identification number	001

AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
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

AMERICAN SOLAR ELECTRIC, INC. has sponsored the creation of one or more 401k plans.

Company Name: AMERICAN SOLAR ELECTRIC, INC.

Employer identification number (EIN): 861014949

NAIC Classification: 237100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2018-01-01
001 2017-01-01
001 2017-01-01
001 2016-01-01
001 2015-01-01 ANGIE TERRILL 2016-10-13 ANGIE TERRILL 2016-10-13
001 2014-01-01 ANGIE TERRILL 2016-10-13 ANGIE TERRILL 2016-10-13
001 2013-01-01 JOY SEITZ 2014-07-25 JOY SEITZ 2014-07-25
001 2012-01-01 SEAN SEITZ 2013-07-24 SEAN SEITZ 2013-07-24
001 2011-01-01 SEAN SEITZ SEAN SEITZ 2012-10-12
001 2010-01-01 WILLIAM HERNDON JR 2011-10-17 WILLIAM HERNDON JR 2011-10-17
001 2009-01-01 SEAN SEITZ

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2018-01-01
001	2017-01-01
001	2017-01-01
001	2016-01-01
001	2015-01-01	ANGIE TERRILL	2016-10-13	ANGIE TERRILL	2016-10-13
001	2014-01-01	ANGIE TERRILL	2016-10-13	ANGIE TERRILL	2016-10-13
001	2013-01-01	JOY SEITZ	2014-07-25	JOY SEITZ	2014-07-25
001	2012-01-01	SEAN SEITZ	2013-07-24	SEAN SEITZ	2013-07-24
001	2011-01-01	SEAN SEITZ		SEAN SEITZ	2012-10-12
001	2010-01-01	WILLIAM HERNDON JR	2011-10-17	WILLIAM HERNDON JR	2011-10-17
001	2009-01-01	SEAN SEITZ

Plan Statistics for AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN

401k plan membership statisitcs for AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN

Measure Date Value
2011: AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 127
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 58
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 30
Total of all active and inactive participants 2011-01-01 88
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 88
Number of participants with account balances 2011-01-01 57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 33
2009: AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 72
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 72
Number of other retired or separated participants entitled to future benefits 2009-01-01 8
Total of all active and inactive participants 2009-01-01 80
Total participants 2009-01-01 80
Number of participants with account balances 2009-01-01 47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 5

Measure	Date	Value
2011: AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	127
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	58
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	30
Total of all active and inactive participants	2011-01-01	88
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	88
Number of participants with account balances	2011-01-01	57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	33
2009: AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	72
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	72
Number of other retired or separated participants entitled to future benefits	2009-01-01	8
Total of all active and inactive participants	2009-01-01	80
Total participants	2009-01-01	80
Number of participants with account balances	2009-01-01	47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	5

Financial Data on AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN

Measure	Date	Value
2011 : AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$0
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$99,296
Total loss/gain on sale of assets	2011-12-31	$9,331
Total of all expenses incurred	2011-12-31	$223,252
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$208,674
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$104,572
Value of total assets at end of year	2011-12-31	$567,884
Value of total assets at beginning of year	2011-12-31	$691,840
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$14,578
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$75,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$99,476
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-123,956
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$567,884
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$691,840
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$14,578
Value of interest in common/collective trusts at end of year	2011-12-31	$567,884
Value of interest in common/collective trusts at beginning of year	2011-12-31	$691,840
Net investment gain or loss from common/collective trusts	2011-12-31	$-14,607
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$5,096
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$208,674
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$9,331
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	MORRISON & ASSOCIATES CPA S, PLLC
Accountancy firm EIN	2011-12-31	201726469

Form 5500 Responses for AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN

2011: AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: AMERICAN SOLAR ELECTRIC, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	AMERICAN SOLAR ELECTRIC, INC.
Employer identification number (EIN):	861014949
NAIC Classification:	237100