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A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST 401k Plan overview

Plan NameA & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST
Plan identification number 002

A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.
  • 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

A & B ELECTRIC COMPANY INC has sponsored the creation of one or more 401k plans.

Company Name:A & B ELECTRIC COMPANY INC
Employer identification number (EIN):996072575
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01
0022013-01-01
0022012-01-01CATHY CRAWFORD2013-05-28
0022011-01-01CATHY CRAWFORD2012-06-28
0022010-01-01DAN SWEENEY2011-06-22

Plan Statistics for A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST

401k plan membership statisitcs for A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST

Measure Date Value
2025: A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year2025-10-1314
Total number of particpants at end of year2025-10-1315
Number of Participants With Account Balances2025-10-1311
2024: A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year2024-06-1720
Total number of particpants at end of year2024-06-1714
Number of Participants With Account Balances2024-06-1710
2022: A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year2022-02-0722
Total number of particpants at end of year2022-02-0721
Number of Participants With Account Balances2022-02-0717

Financial Data on A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST

Measure Date Value
2025 : A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-139188
Net assets as of the end of the plan year2025-10-131199798
Total assets as of the beginning of the plan year2025-10-131020495
Value of plan covered by a fidelity bond2025-10-13200000
Participant contributions to plan in this plan year2025-10-130
Other expenses paid from plan in this plan year2025-10-130
Other income to plan in this plan year2025-10-1390718
Plan net income in this plan year2025-10-13179303
Net assets as of the end of the plan year2025-10-131199798
Net assets as of the beginning of the plan year2025-10-131020495
Value of funding deficiency2025-10-1397773
Value of employer contributions paid2025-10-130
Employer contributions to plan in this plan year2025-10-1397773
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-139188
2024 : A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-17258224
Net assets as of the end of the plan year2024-06-171020495
Total assets as of the beginning of the plan year2024-06-171122862
Value of plan covered by a fidelity bond2024-06-17200000
Participant contributions to plan in this plan year2024-06-170
Other expenses paid from plan in this plan year2024-06-170
Other income to plan in this plan year2024-06-17137148
Plan net income in this plan year2024-06-17-102367
Net assets as of the end of the plan year2024-06-171020495
Net assets as of the beginning of the plan year2024-06-171122862
Value of funding deficiency2024-06-170
Value of employer contributions paid2024-06-1718709
Employer contributions to plan in this plan year2024-06-1718709
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-179005
2022 : A & B ELECTRIC COMPANY INC DAVIS-BACON PENSION PLAN AND TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-02-0739564
Net assets as of the end of the plan year2022-02-071521654
Total assets as of the beginning of the plan year2022-02-071319931
Value of plan covered by a fidelity bond2022-02-07100000
Participant contributions to plan in this plan year2022-02-070
Other expenses paid from plan in this plan year2022-02-070
Other income to plan in this plan year2022-02-07189862
Plan net income in this plan year2022-02-07201723
Net assets as of the end of the plan year2022-02-071521654
Net assets as of the beginning of the plan year2022-02-071319931
Value of funding deficiency2022-02-070
Value of employer contributions paid2022-02-0751425
Employer contributions to plan in this plan year2022-02-0751425
Expensese paid to adminstrative service provicers from plan in this plan year2022-02-0711480

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