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BONDI ELECTRIC 401(K) PLAN 401k Plan overview

Plan NameBONDI ELECTRIC 401(K) PLAN
Plan identification number 001

BONDI ELECTRIC 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.
  • 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

BONDI ELECTRIC, INC. has sponsored the creation of one or more 401k plans.

Company Name:BONDI ELECTRIC, INC.
Employer identification number (EIN):474560809
NAIC Classification:335900

Additional information about BONDI ELECTRIC, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2015-06-15
Company Identification Number: 4774299
Legal Registered Office Address: 2221 NIAGARA FALLS BLVD
Niagara
NIAGARA FALLS
United States of America (USA)
14304

More information about BONDI ELECTRIC, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BONDI ELECTRIC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01GENE BONDI2024-04-03 GENE BONDI2024-04-03
0012022-01-01GENE BONDI2023-04-10 GENE BONDI2023-04-10
0012021-01-01GENE BONDI2022-05-16 GENE BONDI2022-05-16

Financial Data on BONDI ELECTRIC 401(K) PLAN

Measure Date Value
2025 : BONDI ELECTRIC 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-150
Total liabilities as of the beginning of the plan year2025-07-150
Total expenses incurred by plan in this plan year2025-07-15100
Net assets as of the end of the plan year2025-07-15196252
Total assets as of the beginning of the plan year2025-07-15125277
Value of plan covered by a fidelity bond2025-07-15500000
Participant contributions to plan in this plan year2025-07-1530833
Other expenses paid from plan in this plan year2025-07-150
Other income to plan in this plan year2025-07-1530220
Plan net income in this plan year2025-07-1570975
Net assets as of the end of the plan year2025-07-15196252
Net assets as of the beginning of the plan year2025-07-15125277
Employer contributions to plan in this plan year2025-07-1510022
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-15100
2024 : BONDI ELECTRIC 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-030
Total liabilities as of the end of the plan year2024-04-030
Total liabilities as of the beginning of the plan year2024-04-030
Total expenses incurred by plan in this plan year2024-04-03100
Net assets as of the end of the plan year2024-04-03125277
Total assets as of the beginning of the plan year2024-04-0367908
Value of plan covered by a fidelity bond2024-04-036791
Participant contributions to plan in this plan year2024-04-0327158
Other expenses paid from plan in this plan year2024-04-030
Other contributions to plan in this plan year2024-04-030
Other income to plan in this plan year2024-04-0320338
Plan net income in this plan year2024-04-0357369
Net assets as of the end of the plan year2024-04-03125277
Net assets as of the beginning of the plan year2024-04-0367908
Value of contributions failed to transmitted timely2024-04-031255
Employer contributions to plan in this plan year2024-04-039973
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-03100
2022 : BONDI ELECTRIC 401(K) PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-05-160
Total liabilities as of the beginning of the plan year2022-05-160
Total expenses incurred by plan in this plan year2022-05-1640
Net assets as of the end of the plan year2022-05-1632626
Total assets as of the beginning of the plan year2022-05-160
Participant contributions to plan in this plan year2022-05-1624137
Other contributions to plan in this plan year2022-05-160
Other income to plan in this plan year2022-05-161068
Plan net income in this plan year2022-05-1632626
Net assets as of the end of the plan year2022-05-1632626
Net assets as of the beginning of the plan year2022-05-160
Employer contributions to plan in this plan year2022-05-167461
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-1640

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