401k Plan data: MARS ELECTRIC COMPANY 401K SAVINGS PLAN plan

MARS ELECTRIC COMPANY 401K SAVINGS PLAN 401k Plan overview

Plan Name	MARS ELECTRIC COMPANY 401K SAVINGS PLAN
Plan identification number	001

MARS ELECTRIC COMPANY 401K SAVINGS 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.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

MARS ELECTRIC COMPANY has sponsored the creation of one or more 401k plans.

Company Name: MARS ELECTRIC COMPANY

Employer identification number (EIN): 340837654

NAIC Classification: 453990

Additional information about MARS ELECTRIC COMPANY

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division

Incorporation Date: 1956-02-25

Company Identification Number: 253326

Legal Registered Office Address: 2411 BRENTWOOD RD
-
BEACHWOOD
United States of America (USA)
44122

More information about MARS ELECTRIC COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARS ELECTRIC COMPANY 401K SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 ELIZABETH DONALDSON 2019-10-11
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01
001 2013-01-01 MARK DORIS 2014-07-30
001 2012-01-01 DANIEL NITOWSKY 2013-04-05
001 2011-01-01 DANIEL NITOWSKY 2012-05-31
001 2010-01-01 DANIEL NITOWSKY 2011-01-26

Plan Statistics for MARS ELECTRIC COMPANY 401K SAVINGS PLAN

401k plan membership statisitcs for MARS ELECTRIC COMPANY 401K SAVINGS PLAN

Measure Date Value
2022: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 215
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 200
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 21
Total of all active and inactive participants 2022-01-01 221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 222
Number of participants with account balances 2022-01-01 218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 201
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 183
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 16
Total of all active and inactive participants 2021-01-01 199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 199
Number of participants with account balances 2021-01-01 193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 191
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 168
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 13
Total of all active and inactive participants 2020-01-01 181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 181
Number of participants with account balances 2020-01-01 178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 166
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 166
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 11
Total of all active and inactive participants 2019-01-01 177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 177
Number of participants with account balances 2019-01-01 154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 153
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 162
Number of retired or separated participants receiving benefits 2018-01-01 17
Total of all active and inactive participants 2018-01-01 179
Total participants 2018-01-01 179
Number of participants with account balances 2018-01-01 148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 141
Number of other retired or separated participants entitled to future benefits 2017-01-01 12
Total of all active and inactive participants 2017-01-01 153
Total participants 2017-01-01 153
Number of participants with account balances 2017-01-01 132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 116
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 129
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 7
Total of all active and inactive participants 2016-01-01 136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 1
Total participants 2016-01-01 137
Number of participants with account balances 2016-01-01 118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2022: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	215
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	200
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	21
Total of all active and inactive participants	2022-01-01	221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	222
Number of participants with account balances	2022-01-01	218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	201
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	183
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	16
Total of all active and inactive participants	2021-01-01	199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	199
Number of participants with account balances	2021-01-01	193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	191
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	168
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	13
Total of all active and inactive participants	2020-01-01	181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	181
Number of participants with account balances	2020-01-01	178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	166
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	166
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	11
Total of all active and inactive participants	2019-01-01	177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	177
Number of participants with account balances	2019-01-01	154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	153
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	162
Number of retired or separated participants receiving benefits	2018-01-01	17
Total of all active and inactive participants	2018-01-01	179
Total participants	2018-01-01	179
Number of participants with account balances	2018-01-01	148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	141
Number of other retired or separated participants entitled to future benefits	2017-01-01	12
Total of all active and inactive participants	2017-01-01	153
Total participants	2017-01-01	153
Number of participants with account balances	2017-01-01	132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	116
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	129
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	7
Total of all active and inactive participants	2016-01-01	136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	1
Total participants	2016-01-01	137
Number of participants with account balances	2016-01-01	118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on MARS ELECTRIC COMPANY 401K SAVINGS PLAN

Measure	Date	Value
2022 : MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-2,001,834
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$2,824,771
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$2,760,930
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,518,098
Value of total assets at end of year	2022-12-31	$16,163,847
Value of total assets at beginning of year	2022-12-31	$20,990,452
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$63,841
Total interest from all sources	2022-12-31	$11,309
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$188,351
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$188,351
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$943,708
Participant contributions at end of year	2022-12-31	$261,842
Participant contributions at beginning of year	2022-12-31	$217,644
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$88,812
Other income not declared elsewhere	2022-12-31	$65,501
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-4,826,605
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$16,163,847
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$20,990,452
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$13,913,846
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$18,841,875
Interest on participant loans	2022-12-31	$11,309
Value of interest in common/collective trusts at end of year	2022-12-31	$1,502,581
Value of interest in common/collective trusts at beginning of year	2022-12-31	$1,524,336
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-3,672,045
Net investment gain or loss from common/collective trusts	2022-12-31	$-113,048
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$485,578
Employer contributions (assets) at end of year	2022-12-31	$485,578
Employer contributions (assets) at beginning of year	2022-12-31	$406,597
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$2,760,930
Contract administrator fees	2022-12-31	$63,841
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	CIUNI & PANICHI, INC.
Accountancy firm EIN	2022-12-31	341322309
2021 : MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$4,094,261
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,104,242
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,029,304
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,354,653
Value of total assets at end of year	2021-12-31	$20,990,452
Value of total assets at beginning of year	2021-12-31	$18,000,433
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$74,938
Total interest from all sources	2021-12-31	$8,087
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$181,305
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$181,305
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$845,155
Participant contributions at end of year	2021-12-31	$217,644
Participant contributions at beginning of year	2021-12-31	$166,834
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$102,901
Other income not declared elsewhere	2021-12-31	$75,153
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$2,990,019
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$20,990,452
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$18,000,433
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$18,841,875
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$16,022,755
Interest on participant loans	2021-12-31	$8,087
Value of interest in common/collective trusts at end of year	2021-12-31	$1,524,336
Value of interest in common/collective trusts at beginning of year	2021-12-31	$1,434,066
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$2,491,190
Net investment gain or loss from common/collective trusts	2021-12-31	$-16,127
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$406,597
Employer contributions (assets) at end of year	2021-12-31	$406,597
Employer contributions (assets) at beginning of year	2021-12-31	$376,778
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,029,304
Contract administrator fees	2021-12-31	$74,938
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	BDO USA, LLP
Accountancy firm EIN	2021-12-31	135381590
2020 : MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets	2020-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$0
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$4,307,021
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,892,649
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,819,388
Expenses. Certain deemed distributions of participant loans	2020-12-31	$0
Value of total corrective distributions	2020-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,588,551
Value of total assets at end of year	2020-12-31	$18,000,433
Value of total assets at beginning of year	2020-12-31	$15,586,061
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$73,261
Total income from rents	2020-12-31	$0
Total interest from all sources	2020-12-31	$11,294
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$162,756
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$162,756
Administrative expenses professional fees incurred	2020-12-31	$0
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Amount of non-exempt transactions with any party-in-interest	2020-12-31	$0
Contributions received from participants	2020-12-31	$784,649
Participant contributions at end of year	2020-12-31	$166,834
Participant contributions at beginning of year	2020-12-31	$227,557
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$427,124
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$0
Other income not declared elsewhere	2020-12-31	$58,615
Administrative expenses (other) incurred	2020-12-31	$0
Liabilities. Value of operating payables at beginning of year	2020-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,414,372
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$18,000,433
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$15,586,061
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2020-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2020-12-31	$0
Investment advisory and management fees	2020-12-31	$13,134
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$16,022,755
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$14,039,606
Interest on participant loans	2020-12-31	$11,294
Income. Interest from loans (other than to participants)	2020-12-31	$0
Interest earned on other investments	2020-12-31	$0
Income. Interest from US Government securities	2020-12-31	$0
Income. Interest from corporate debt instruments	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$1,434,066
Value of interest in common/collective trusts at beginning of year	2020-12-31	$942,817
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$2,425,339
Net investment gain/loss from pooled separate accounts	2020-12-31	$0
Net investment gain or loss from common/collective trusts	2020-12-31	$60,466
Net gain/loss from 103.12 investment entities	2020-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$376,778
Employer contributions (assets) at end of year	2020-12-31	$376,778
Employer contributions (assets) at beginning of year	2020-12-31	$376,081
Income. Dividends from preferred stock	2020-12-31	$0
Income. Dividends from common stock	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,819,388
Contract administrator fees	2020-12-31	$60,127
Liabilities. Value of benefit claims payable at beginning of year	2020-12-31	$0
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$0
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	BDO USA, LLP
Accountancy firm EIN	2020-12-31	135381590
2019 : MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets	2019-12-31	$0
Unrealized appreciation/depreciation of real estate assets	2019-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$18,295
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$18,295
Expenses. Interest paid	2019-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2019-12-31	$0
Expenses. Interest paid	2019-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$4,123,133
Total income from all sources (including contributions)	2019-12-31	$4,123,133
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,581,339
Total of all expenses incurred	2019-12-31	$1,581,339
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,476,145
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,476,145
Expenses. Certain deemed distributions of participant loans	2019-12-31	$36,877
Expenses. Certain deemed distributions of participant loans	2019-12-31	$36,877
Value of total corrective distributions	2019-12-31	$0
Value of total corrective distributions	2019-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,110,873
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,110,873
Value of total assets at end of year	2019-12-31	$15,586,061
Value of total assets at beginning of year	2019-12-31	$13,062,562
Value of total assets at beginning of year	2019-12-31	$13,062,562
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$68,317
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$68,317
Total income from rents	2019-12-31	$0
Total income from rents	2019-12-31	$0
Total interest from all sources	2019-12-31	$13,561
Total interest from all sources	2019-12-31	$13,561
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$41,973
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$41,973
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$41,973
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$41,973
Administrative expenses professional fees incurred	2019-12-31	$0
Administrative expenses professional fees incurred	2019-12-31	$0
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Amount of non-exempt transactions with any party-in-interest	2019-12-31	$0
Amount of non-exempt transactions with any party-in-interest	2019-12-31	$0
Contributions received from participants	2019-12-31	$734,792
Contributions received from participants	2019-12-31	$734,792
Participant contributions at end of year	2019-12-31	$227,557
Participant contributions at end of year	2019-12-31	$227,557
Participant contributions at beginning of year	2019-12-31	$248,573
Participant contributions at beginning of year	2019-12-31	$248,573
Participant contributions at end of year	2019-12-31	$0
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$44,500
Participant contributions at beginning of year	2019-12-31	$44,500
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2019-12-31	$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2019-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$0
Other income not declared elsewhere	2019-12-31	$68,083
Other income not declared elsewhere	2019-12-31	$68,083
Administrative expenses (other) incurred	2019-12-31	$0
Administrative expenses (other) incurred	2019-12-31	$0
Liabilities. Value of operating payables at beginning of year	2019-12-31	$18,295
Liabilities. Value of operating payables at beginning of year	2019-12-31	$18,295
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Income. Non cash contributions	2019-12-31	$0
Income. Non cash contributions	2019-12-31	$0
Value of net income/loss	2019-12-31	$2,541,794
Value of net income/loss	2019-12-31	$2,541,794
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$15,586,061
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$15,586,061
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$13,044,267
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$13,044,267
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2019-12-31	$0
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2019-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2019-12-31	$0
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2019-12-31	$0
Investment advisory and management fees	2019-12-31	$0
Investment advisory and management fees	2019-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$14,039,606
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$14,039,606
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$11,432,870
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$11,432,870
Interest on participant loans	2019-12-31	$13,561
Interest on participant loans	2019-12-31	$13,561
Income. Interest from loans (other than to participants)	2019-12-31	$0
Income. Interest from loans (other than to participants)	2019-12-31	$0
Interest earned on other investments	2019-12-31	$0
Interest earned on other investments	2019-12-31	$0
Income. Interest from US Government securities	2019-12-31	$0
Income. Interest from corporate debt instruments	2019-12-31	$0
Income. Interest from corporate debt instruments	2019-12-31	$0
Value of interest in common/collective trusts at end of year	2019-12-31	$942,817
Value of interest in common/collective trusts at end of year	2019-12-31	$942,817
Value of interest in common/collective trusts at beginning of year	2019-12-31	$0
Value of interest in common/collective trusts at beginning of year	2019-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$18,295
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$18,295
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$18,295
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$18,295
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$1,014,298
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$1,014,298
Expenses. Payments to insurance carriers foe the provision of benefits	2019-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2019-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,874,472
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,874,472
Net investment gain/loss from pooled separate accounts	2019-12-31	$0
Net investment gain/loss from pooled separate accounts	2019-12-31	$0
Net investment gain or loss from common/collective trusts	2019-12-31	$14,171
Net investment gain or loss from common/collective trusts	2019-12-31	$14,171
Net gain/loss from 103.12 investment entities	2019-12-31	$0
Net gain/loss from 103.12 investment entities	2019-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$376,081
Contributions received in cash from employer	2019-12-31	$376,081
Employer contributions (assets) at end of year	2019-12-31	$376,081
Employer contributions (assets) at end of year	2019-12-31	$376,081
Employer contributions (assets) at beginning of year	2019-12-31	$304,026
Employer contributions (assets) at beginning of year	2019-12-31	$304,026
Income. Dividends from preferred stock	2019-12-31	$0
Income. Dividends from preferred stock	2019-12-31	$0
Income. Dividends from common stock	2019-12-31	$0
Income. Dividends from common stock	2019-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,476,145
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,476,145
Contract administrator fees	2019-12-31	$68,317
Contract administrator fees	2019-12-31	$68,317
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Liabilities. Value of benefit claims payable at beginning of year	2019-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2019-12-31	$0
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Aggregate proceeds on sale of assets	2019-12-31	$0
Aggregate proceeds on sale of assets	2019-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2019-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2019-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2019-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2019-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BDO USA, LLP
Accountancy firm name	2019-12-31	BDO USA, LLP
Accountancy firm EIN	2019-12-31	135381590
Accountancy firm EIN	2019-12-31	135381590
2018 : MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$18,295
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$200
Total income from all sources (including contributions)	2018-12-31	$320,553
Total of all expenses incurred	2018-12-31	$1,082,193
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$1,010,945
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$964,539
Value of total assets at end of year	2018-12-31	$13,062,562
Value of total assets at beginning of year	2018-12-31	$13,806,107
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$71,248
Total interest from all sources	2018-12-31	$10,645
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$593,929
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$593,929
Administrative expenses professional fees incurred	2018-12-31	$17,307
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$582,397
Participant contributions at end of year	2018-12-31	$248,573
Participant contributions at beginning of year	2018-12-31	$248,277
Participant contributions at end of year	2018-12-31	$44,500
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$76,645
Other income not declared elsewhere	2018-12-31	$76,725
Administrative expenses (other) incurred	2018-12-31	$8,249
Liabilities. Value of operating payables at end of year	2018-12-31	$18,295
Liabilities. Value of operating payables at beginning of year	2018-12-31	$200
Total non interest bearing cash at end of year	2018-12-31	$0
Total non interest bearing cash at beginning of year	2018-12-31	$16,171
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-761,640
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$13,044,267
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$13,805,907
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$24,986
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$11,432,870
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$12,746,181
Interest on participant loans	2018-12-31	$10,507
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$18,295
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$27,871
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$27,871
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$138
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$1,014,298
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$474,709
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-1,325,285
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$305,497
Employer contributions (assets) at end of year	2018-12-31	$304,026
Employer contributions (assets) at beginning of year	2018-12-31	$292,898
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$1,010,945
Contract administrator fees	2018-12-31	$20,706
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BDO USA, LLP
Accountancy firm EIN	2018-12-31	135381590
2017 : MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$200
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$800
Total income from all sources (including contributions)	2017-12-31	$2,992,655
Total of all expenses incurred	2017-12-31	$1,536,046
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,482,239
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$777,932
Value of total assets at end of year	2017-12-31	$13,806,107
Value of total assets at beginning of year	2017-12-31	$12,350,098
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$53,807
Total interest from all sources	2017-12-31	$12,386
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$683,195
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$683,195
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$485,034
Participant contributions at end of year	2017-12-31	$248,277
Participant contributions at beginning of year	2017-12-31	$266,885
Other income not declared elsewhere	2017-12-31	$56,577
Administrative expenses (other) incurred	2017-12-31	$6,822
Liabilities. Value of operating payables at end of year	2017-12-31	$200
Liabilities. Value of operating payables at beginning of year	2017-12-31	$800
Total non interest bearing cash at end of year	2017-12-31	$16,171
Total non interest bearing cash at beginning of year	2017-12-31	$14,213
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$1,456,609
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$13,805,907
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$12,349,298
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$23,671
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$12,746,181
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$10,964,953
Interest on participant loans	2017-12-31	$12,386
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$27,871
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$342,490
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$342,490
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$474,709
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$518,416
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,462,565
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$292,898
Employer contributions (assets) at end of year	2017-12-31	$292,898
Employer contributions (assets) at beginning of year	2017-12-31	$243,141
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,482,239
Contract administrator fees	2017-12-31	$23,314
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BDO USA, LLP
Accountancy firm EIN	2017-12-31	135381590
2016 : MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$800
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$734
Total income from all sources (including contributions)	2016-12-31	$1,843,668
Total of all expenses incurred	2016-12-31	$304,805
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$258,899
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$940,107
Value of total assets at end of year	2016-12-31	$12,350,098
Value of total assets at beginning of year	2016-12-31	$10,811,169
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$45,906
Total interest from all sources	2016-12-31	$12,675
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$278,533
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$278,533
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$455,831
Participant contributions at end of year	2016-12-31	$266,885
Participant contributions at beginning of year	2016-12-31	$298,300
Other income not declared elsewhere	2016-12-31	$39,761
Administrative expenses (other) incurred	2016-12-31	$6,090
Liabilities. Value of operating payables at end of year	2016-12-31	$800
Liabilities. Value of operating payables at beginning of year	2016-12-31	$734
Total non interest bearing cash at end of year	2016-12-31	$14,213
Total non interest bearing cash at beginning of year	2016-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,538,863
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$12,349,298
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$10,810,435
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Investment advisory and management fees	2016-12-31	$22,403
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$10,964,953
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$9,749,403
Interest on participant loans	2016-12-31	$12,230
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$342,490
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$340,434
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$340,434
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$445
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2016-12-31	$518,416
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2016-12-31	$423,032
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$572,592
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$484,276
Employer contributions (assets) at end of year	2016-12-31	$243,141
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$258,899
Contract administrator fees	2016-12-31	$17,413
Did the plan have assets held for investment	2016-12-31	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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BDO USA, LLP
Accountancy firm EIN	2016-12-31	135381590

Form 5500 Responses for MARS ELECTRIC COMPANY 401K SAVINGS PLAN

2022: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: MARS ELECTRIC COMPANY 401K SAVINGS PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

809599

Policy instance

Insurance contract or identification number	809599
Number of Individuals Covered	95
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

809599

Policy instance

Insurance contract or identification number	809599
Number of Individuals Covered	95
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

809599

Policy instance

Insurance contract or identification number	809599
Number of Individuals Covered	86
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

MARS ELECTRIC 401(K) RETIREMENT PLAN [EIN = 753044990]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	MARS ELECTRIC COMPANY
Employer identification number (EIN):	340837654
NAIC Classification:	453990

Jurisdiction of Incorporation:	Ohio Secretary of State Business Services Division
Incorporation Date:	1956-02-25
Company Identification Number:	253326
Legal Registered Office Address:	2411 BRENTWOOD RD - BEACHWOOD United States of America (USA) 44122