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EMPLOYEE BENEFIT PLAN OF BROWN'S ELECTRICAL SUPPLY CO., INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF BROWN'S ELECTRICAL SUPPLY CO., INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF BROWN'S ELECTRICAL SUPPLY CO., INC. 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.
  • 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

BROWN S ELECTRICAL SUPPLY CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:BROWN S ELECTRICAL SUPPLY CO., INC.
Employer identification number (EIN):920074068
NAIC Classification:423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF BROWN'S ELECTRICAL SUPPLY CO., INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LEON BROWN2024-06-28
0012022-01-01LEON BROWN2023-10-10
0012021-01-01LEON BROWN2022-07-08
0012020-01-01LEON BROWN2021-07-20
0012019-01-01LEON BROWN2020-07-13
0012018-01-01LEON BROWN2019-06-26
0012017-01-01LEON BROWN2018-06-25 LEON BROWN2018-06-25
0012016-01-01LEON BROWN2017-07-26 LEON BROWN2017-07-26
0012015-01-01LEON BROWN2016-07-29 LEON BROWN2016-07-29
0012014-01-01LEON BROWN2015-07-30 LEON BROWN2015-07-30
0012013-01-01LEON BROWN2015-01-08 LEON BROWN2015-01-08
0012012-01-01LEON BROWN2015-01-08 LEON BROWN2015-01-08
0012011-01-01LEON BROWN2015-01-08 LEON BROWN2015-01-08
0012010-01-01LEON BROWN, JR.2011-06-22 LEON BROWN, JR.2011-06-22

Financial Data on EMPLOYEE BENEFIT PLAN OF BROWN'S ELECTRICAL SUPPLY CO., INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF BROWN'S ELECTRICAL SUPPLY CO., INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-110
Total liabilities as of the end of the plan year2025-07-110
Total liabilities as of the beginning of the plan year2025-07-110
Total expenses incurred by plan in this plan year2025-07-11264052
Net assets as of the end of the plan year2025-07-114007105
Total assets as of the beginning of the plan year2025-07-113636160
Value of plan covered by a fidelity bond2025-07-11500000
Participant contributions to plan in this plan year2025-07-1195891
Value of participant loans at end of plan year2025-07-1139620
Other expenses paid from plan in this plan year2025-07-110
Other contributions to plan in this plan year2025-07-110
Other income to plan in this plan year2025-07-11488956
Plan net income in this plan year2025-07-11370945
Net assets as of the end of the plan year2025-07-114007105
Net assets as of the beginning of the plan year2025-07-113636160
Employer contributions to plan in this plan year2025-07-1150150
Fees paid to broker by Benefit Provider2025-07-11140
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-11435
2024 : EMPLOYEE BENEFIT PLAN OF BROWN'S ELECTRICAL SUPPLY CO., INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-280
Total liabilities as of the end of the plan year2024-06-280
Total liabilities as of the beginning of the plan year2024-06-280
Total expenses incurred by plan in this plan year2024-06-28354845
Net assets as of the end of the plan year2024-06-283636160
Total assets as of the beginning of the plan year2024-06-283426076
Value of plan covered by a fidelity bond2024-06-28500000
Participant contributions to plan in this plan year2024-06-2891779
Value of participant loans at end of plan year2024-06-2823423
Other expenses paid from plan in this plan year2024-06-28227
Other contributions to plan in this plan year2024-06-2810357
Other income to plan in this plan year2024-06-28415596
Plan net income in this plan year2024-06-28210084
Net assets as of the end of the plan year2024-06-283636160
Net assets as of the beginning of the plan year2024-06-283426076
Employer contributions to plan in this plan year2024-06-2847197
Fees paid to broker by Benefit Provider2024-06-28448
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-280
2022 : EMPLOYEE BENEFIT PLAN OF BROWN'S ELECTRICAL SUPPLY CO., INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-080
Total liabilities as of the end of the plan year2022-07-080
Total liabilities as of the beginning of the plan year2022-07-080
Total expenses incurred by plan in this plan year2022-07-08107642
Net assets as of the end of the plan year2022-07-084147334
Total assets as of the beginning of the plan year2022-07-083519124
Value of plan covered by a fidelity bond2022-07-08400000
Participant contributions to plan in this plan year2022-07-0896878
Value of participant loans at end of plan year2022-07-08125666
Other expenses paid from plan in this plan year2022-07-08613
Other contributions to plan in this plan year2022-07-087302
Other income to plan in this plan year2022-07-08583568
Plan net income in this plan year2022-07-08628210
Net assets as of the end of the plan year2022-07-084147334
Net assets as of the beginning of the plan year2022-07-083519124
Employer contributions to plan in this plan year2022-07-0848104
Fees paid to broker by Benefit Provider2022-07-08293

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