Logo

GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 401k Plan overview

Plan NameGLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST
Plan identification number 001

GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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

GLOBE ELECTRIC, LLC has sponsored the creation of one or more 401k plans.

Company Name:GLOBE ELECTRIC, LLC
Employer identification number (EIN):510480824
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Additional information about GLOBE ELECTRIC, LLC

Jurisdiction of Incorporation: Connecticut Secretary of State
Incorporation Date:
Company Identification Number: 0758305

More information about GLOBE ELECTRIC, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MATTHEW MAROTTI2024-07-15
0012022-01-01LAWRENCE MAROTTI2023-06-26
0012021-01-01LAWRENCE MAROTTI2022-07-12
0012020-01-01LAWRENCE MAROTTI2021-07-19
0012019-01-01LAWRENCE MAROTTI2020-03-30
0012018-01-01LAWRENCE MAROTTI2019-04-09
0012017-01-01KATHERINE MAROTTI2018-07-24
0012016-01-01KATHERINE MAROTTI2017-04-17
0012015-01-01KATHERINE MAROTTI2016-07-06
0012014-01-01KATHERINE MAROTTI
0012014-01-01KATHERINE MAROTTI
0012013-01-01KATHERINE MAROTTI
0012012-01-01KATHERINE MAROTTI
0012011-01-01KATHERINE MAROTTI
0012009-01-01KATHERINE MAROTTI

Financial Data on GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST

Measure Date Value
2025 : GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2025 401k financial data
Total liabilities as of the end of the plan year2025-06-060
Total liabilities as of the beginning of the plan year2025-06-060
Total expenses incurred by plan in this plan year2025-06-06849387
Net assets as of the end of the plan year2025-06-06446455
Total assets as of the beginning of the plan year2025-06-061054951
Value of plan covered by a fidelity bond2025-06-06385000
Participant contributions to plan in this plan year2025-06-0632622
Value of participant loans at end of plan year2025-06-065644
Other contributions to plan in this plan year2025-06-0650300
Other income to plan in this plan year2025-06-06140423
Plan net income in this plan year2025-06-06-608496
Net assets as of the end of the plan year2025-06-06446455
Net assets as of the beginning of the plan year2025-06-061054951
Employer contributions to plan in this plan year2025-06-0617546
Fees paid to broker by Benefit Provider2025-06-062981
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-06360
2024 : GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2024 401k financial data
Total liabilities as of the end of the plan year2024-07-150
Total liabilities as of the beginning of the plan year2024-07-150
Net assets as of the end of the plan year2024-07-151054951
Total assets as of the beginning of the plan year2024-07-15823358
Value of plan covered by a fidelity bond2024-07-15385000
Participant contributions to plan in this plan year2024-07-1558370
Other income to plan in this plan year2024-07-15144226
Plan net income in this plan year2024-07-15231593
Net assets as of the end of the plan year2024-07-151054951
Net assets as of the beginning of the plan year2024-07-15823358
Employer contributions to plan in this plan year2024-07-1528997
Fees paid to broker by Benefit Provider2024-07-152673
2014 : GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$164,957
Expenses. Total of all expenses incurred2014-12-31$0
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$583,706
Total plan assets at beginning of year2014-12-31$418,749
Value of fidelity bond covering the plan2014-12-31$25,000
Total contributions received or receivable from participants2014-12-31$51,583
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$20,100
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$164,957
Net plan assets at end of year (total assets less liabilities)2014-12-31$583,706
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$418,749
Total contributions received or receivable from employer(s)2014-12-31$93,274
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
2013 : GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$128,806
Expenses. Total of all expenses incurred2013-12-31$916
Benefits paid (including direct rollovers)2013-12-31$916
Total plan assets at end of year2013-12-31$418,749
Total plan assets at beginning of year2013-12-31$290,859
Value of fidelity bond covering the plan2013-12-31$25,000
Total contributions received or receivable from participants2013-12-31$48,488
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$60,015
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$127,890
Net plan assets at end of year (total assets less liabilities)2013-12-31$418,749
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$290,859
Total contributions received or receivable from employer(s)2013-12-31$20,303
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
2012 : GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$85,538
Expenses. Total of all expenses incurred2012-12-31$10,672
Benefits paid (including direct rollovers)2012-12-31$10,672
Total plan assets at end of year2012-12-31$290,859
Total plan assets at beginning of year2012-12-31$215,993
Value of fidelity bond covering the plan2012-12-31$25,000
Total contributions received or receivable from participants2012-12-31$43,432
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$24,836
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$74,866
Net plan assets at end of year (total assets less liabilities)2012-12-31$290,859
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$215,993
Total contributions received or receivable from employer(s)2012-12-31$17,270
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$41,395
Expenses. Total of all expenses incurred2011-12-31$15,184
Benefits paid (including direct rollovers)2011-12-31$15,184
Total plan assets at end of year2011-12-31$215,993
Total plan assets at beginning of year2011-12-31$189,782
Value of fidelity bond covering the plan2011-12-31$25,000
Total contributions received or receivable from participants2011-12-31$38,106
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-11,045
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$26,211
Net plan assets at end of year (total assets less liabilities)2011-12-31$215,993
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$189,782
Total contributions received or receivable from employer(s)2011-12-31$14,334
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$61,728
Expenses. Total of all expenses incurred2010-12-31$9,987
Benefits paid (including direct rollovers)2010-12-31$9,987
Total plan assets at end of year2010-12-31$189,782
Total plan assets at beginning of year2010-12-31$138,041
Value of fidelity bond covering the plan2010-12-31$25,000
Total contributions received or receivable from participants2010-12-31$33,958
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$16,235
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$51,741
Net plan assets at end of year (total assets less liabilities)2010-12-31$189,782
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$138,041
Total contributions received or receivable from employer(s)2010-12-31$11,535
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST

2014: GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: GLOBE ELECTRIC, LLC 401(K) PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberGH3765
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberGH3765
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberGH3765
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberGH3765
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberGH3765
Policy instance 1

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

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1