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H & M ELECTRIC, INC. 401(K) PLAN 401k Plan overview

Plan NameH & M ELECTRIC, INC. 401(K) PLAN
Plan identification number 001

H & M ELECTRIC, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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

H & M ELECTRIC, INC. has sponsored the creation of one or more 401k plans.

Company Name:H & M ELECTRIC, INC.
Employer identification number (EIN):911597099
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Additional information about H & M ELECTRIC, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 1993-04-26
Company Identification Number: 601461695
Legal Registered Office Address: 1500 RAILROAD AVE

BELLINGHAM
United States of America (USA)
982250000

More information about H & M ELECTRIC, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan H & M ELECTRIC, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOSEPH MCCANN2024-10-01
0012022-01-01JOSEPH MCCANN2023-07-21
0012021-01-01JOSEPH MCCANN2022-10-06
0012020-01-01JOSEPH MCCANN2021-05-04
0012019-01-01JOSEPH MCCANN2020-10-06
0012018-01-01JOSEPH MCCANN2019-04-17
0012017-01-01JOSEPH MCCANN2018-07-09
0012016-01-01JOSEPH MCCANN2017-03-24
0012015-01-01JOSEPH MCCANN2016-06-15
0012014-01-01JOSEPH MCCANN2015-04-09
0012013-01-01JOSEPTH MCCANN2014-06-09
0012012-01-01JOSEPTH MCCANN2013-09-12
0012011-01-01JOSEPH MCCANN2012-05-31
0012010-01-01JOSEPH MCCANN2011-10-11

Financial Data on H & M ELECTRIC, INC. 401(K) PLAN

Measure Date Value
2025 : H & M ELECTRIC, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-291140773
Net assets as of the end of the plan year2025-09-29120176
Total assets as of the beginning of the plan year2025-09-291170677
Participant contributions to plan in this plan year2025-09-2915050
Other contributions to plan in this plan year2025-09-290
Other income to plan in this plan year2025-09-2968880
Plan net income in this plan year2025-09-29-1050501
Net assets as of the end of the plan year2025-09-29120176
Net assets as of the beginning of the plan year2025-09-291170677
Employer contributions to plan in this plan year2025-09-296342
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-299727
2024 : H & M ELECTRIC, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-0135785
Net assets as of the end of the plan year2024-10-011170677
Total assets as of the beginning of the plan year2024-10-011002545
Value of plan covered by a fidelity bond2024-10-0125000
Participant contributions to plan in this plan year2024-10-0154629
Other contributions to plan in this plan year2024-10-010
Other income to plan in this plan year2024-10-01134313
Plan net income in this plan year2024-10-01168132
Net assets as of the end of the plan year2024-10-011170677
Net assets as of the beginning of the plan year2024-10-011002545
Employer contributions to plan in this plan year2024-10-0114975
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0111008
2022 : H & M ELECTRIC, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-06110766
Net assets as of the end of the plan year2022-10-061071841
Total assets as of the beginning of the plan year2022-10-061017533
Value of plan covered by a fidelity bond2022-10-0625000
Participant contributions to plan in this plan year2022-10-0647687
Other contributions to plan in this plan year2022-10-060
Other income to plan in this plan year2022-10-0693295
Plan net income in this plan year2022-10-0654308
Net assets as of the end of the plan year2022-10-061071841
Net assets as of the beginning of the plan year2022-10-061017533
Employer contributions to plan in this plan year2022-10-0624092
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-0610955

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