PALMER ELECTRIC, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PALMER ELECTRIC, INC. PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2025 : PALMER ELECTRIC, INC. PROFIT SHARING PLAN 2025 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2025-06-09 | 0 |
| Total liabilities as of the end of the plan year | 2025-06-09 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-06-09 | 0 |
| Total expenses incurred by plan in this plan year | 2025-06-09 | 31513 |
| Net assets as of the end of the plan year | 2025-06-09 | 4583261 |
| Total assets as of the beginning of the plan year | 2025-06-09 | 3943417 |
| Value of plan covered by a fidelity bond | 2025-06-09 | 352000 |
| Participant contributions to plan in this plan year | 2025-06-09 | 0 |
| Other expenses paid from plan in this plan year | 2025-06-09 | 0 |
| Other contributions to plan in this plan year | 2025-06-09 | 0 |
| Other income to plan in this plan year | 2025-06-09 | 367260 |
| Plan net income in this plan year | 2025-06-09 | 639844 |
| Net assets as of the end of the plan year | 2025-06-09 | 4583261 |
| Net assets as of the beginning of the plan year | 2025-06-09 | 3943417 |
| Employer contributions to plan in this plan year | 2025-06-09 | 304097 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-06-09 | 24185 |
| 2024 : PALMER ELECTRIC, INC. PROFIT SHARING PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-06-13 | 0 |
| Total liabilities as of the end of the plan year | 2024-06-13 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-06-13 | 0 |
| Total expenses incurred by plan in this plan year | 2024-06-13 | 28073 |
| Net assets as of the end of the plan year | 2024-06-13 | 3943417 |
| Total assets as of the beginning of the plan year | 2024-06-13 | 3535291 |
| Value of plan covered by a fidelity bond | 2024-06-13 | 352000 |
| Participant contributions to plan in this plan year | 2024-06-13 | 0 |
| Other expenses paid from plan in this plan year | 2024-06-13 | 0 |
| Other contributions to plan in this plan year | 2024-06-13 | 0 |
| Other income to plan in this plan year | 2024-06-13 | 436199 |
| Plan net income in this plan year | 2024-06-13 | 408126 |
| Net assets as of the end of the plan year | 2024-06-13 | 3943417 |
| Net assets as of the beginning of the plan year | 2024-06-13 | 3535291 |
| Employer contributions to plan in this plan year | 2024-06-13 | 0 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-06-13 | 21534 |
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