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I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameI E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST 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

IEC CHESAPEAKE, INC has sponsored the creation of one or more 401k plans.

Company Name:IEC CHESAPEAKE, INC
Employer identification number (EIN):521798121
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CAREY WALKER2024-04-15
0012022-01-01CAREY WALKER2023-04-05
0012021-01-01CAREY WALKER2022-04-04
0012021-01-01CAREY L WALKER2022-04-04
0012020-01-01CAREY WALKER2021-04-15
0012019-01-01CAREY WALKER2020-04-09
0012018-01-01CAREY WALKER2019-05-13
0012017-01-01CAREY WALKER2018-05-09
0012016-01-01CAREY WALKER2017-06-09
0012015-01-01CAREY WALKER2016-05-20
0012014-01-01CAREY WALKER2015-06-04
0012013-01-01CAREY WALKER2014-06-05
0012012-01-01IEC CHESAPEAKE, INC
0012011-01-01GRANT SHMELZER2012-06-01 GRANT SHMELZER2012-06-01
0012010-01-01GRANT SHMELZER2011-06-14 GRANT SHMELZER2011-06-14

Financial Data on I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2025 : I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-030
Total liabilities as of the end of the plan year2025-04-030
Total liabilities as of the beginning of the plan year2025-04-030
Total expenses incurred by plan in this plan year2025-04-0311354
Net assets as of the end of the plan year2025-04-03838966
Total assets as of the beginning of the plan year2025-04-03640772
Value of plan covered by a fidelity bond2025-04-03100000
Participant contributions to plan in this plan year2025-04-0374336
Other expenses paid from plan in this plan year2025-04-030
Other contributions to plan in this plan year2025-04-030
Other income to plan in this plan year2025-04-03103589
Plan net income in this plan year2025-04-03198194
Net assets as of the end of the plan year2025-04-03838966
Net assets as of the beginning of the plan year2025-04-03640772
Employer contributions to plan in this plan year2025-04-0331623
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-034105
2024 : I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-150
Total liabilities as of the end of the plan year2024-04-150
Total liabilities as of the beginning of the plan year2024-04-150
Total expenses incurred by plan in this plan year2024-04-1547126
Net assets as of the end of the plan year2024-04-15640772
Total assets as of the beginning of the plan year2024-04-15517321
Value of plan covered by a fidelity bond2024-04-15100000
Participant contributions to plan in this plan year2024-04-1558223
Other expenses paid from plan in this plan year2024-04-150
Other contributions to plan in this plan year2024-04-150
Other income to plan in this plan year2024-04-1594191
Plan net income in this plan year2024-04-15123451
Net assets as of the end of the plan year2024-04-15640772
Net assets as of the beginning of the plan year2024-04-15517321
Employer contributions to plan in this plan year2024-04-1518163
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-152757
2022 : I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST 2022 401k financial data
Total transfers to/from plan in this plan year2022-04-040
Total liabilities as of the end of the plan year2022-04-040
Total liabilities as of the beginning of the plan year2022-04-040
Total expenses incurred by plan in this plan year2022-04-042139
Net assets as of the end of the plan year2022-04-04564958
Total assets as of the beginning of the plan year2022-04-04423476
Value of plan covered by a fidelity bond2022-04-04100000
Participant contributions to plan in this plan year2022-04-0446598
Other expenses paid from plan in this plan year2022-04-040
Other contributions to plan in this plan year2022-04-040
Other income to plan in this plan year2022-04-0482542
Plan net income in this plan year2022-04-04141482
Net assets as of the end of the plan year2022-04-04564958
Net assets as of the beginning of the plan year2022-04-04423476
Employer contributions to plan in this plan year2022-04-0414481
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-042139
2012 : I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$65,749
Expenses. Total of all expenses incurred2012-12-31$7,579
Benefits paid (including direct rollovers)2012-12-31$6,894
Total plan assets at end of year2012-12-31$111,656
Total plan assets at beginning of year2012-12-31$53,486
Value of fidelity bond covering the plan2012-12-31$100,000
Total contributions received or receivable from participants2012-12-31$4,939
Expenses. Other expenses not covered elsewhere2012-12-31$0
Other income received2012-12-31$51,335
Net income (gross income less expenses)2012-12-31$58,170
Net plan assets at end of year (total assets less liabilities)2012-12-31$111,656
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$53,486
Assets. Value of participant loans2012-12-31$1,146
Total contributions received or receivable from employer(s)2012-12-31$9,475
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$685
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0

Form 5500 Responses for I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST

2012: I E C CHESAPEAKE INC 401 K PROFIT SHARING PLAN TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes

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