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ANCHOR ELECTRIC 401(K) PLAN 401k Plan overview

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

ANCHOR ELECTRIC 401(K) PLAN 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.
  • 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

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

Company Name:ANCHOR ELECTRIC
Employer identification number (EIN):920094423
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01
0012017-01-01WILLIAM SHATTENBERG2018-05-10
0012016-01-01WILLIAM SHATTENBERG2017-07-14
0012015-01-01WILLIAM SHATTENBERG2016-07-11
0012014-01-01WILLIAM SHATTENBERG2015-10-06
0012013-01-01WILLIAM SHATTENBERG WILLIAM SHATTENBERG2014-10-14
0012012-01-01JOSIE WILLIAMS JOSIE WILLIAMS2013-07-03
0012011-01-01WILLIAM SHATTENBERG
0012010-01-01WILLIAM SHATTENBERG
0012009-01-01WILLIAM SHATTENBERG

Plan Statistics for ANCHOR ELECTRIC 401(K) PLAN

401k plan membership statisitcs for ANCHOR ELECTRIC 401(K) PLAN

Measure Date Value
2013: ANCHOR ELECTRIC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0128
Total number of active participants reported on line 7a of the Form 55002013-01-0112
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0110
Total of all active and inactive participants2013-01-0122
Total participants2013-01-0122
Number of participants with account balances2013-01-0122
2012: ANCHOR ELECTRIC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0128
Total number of active participants reported on line 7a of the Form 55002012-01-0112
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0110
Total of all active and inactive participants2012-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0122
Number of participants with account balances2012-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: ANCHOR ELECTRIC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0130
Total number of active participants reported on line 7a of the Form 55002011-01-0112
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0116
Total of all active and inactive participants2011-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0128
Number of participants with account balances2011-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: ANCHOR ELECTRIC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0131
Total number of active participants reported on line 7a of the Form 55002010-01-0113
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0117
Total of all active and inactive participants2010-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0130
Number of participants with account balances2010-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: ANCHOR ELECTRIC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0125
Total number of active participants reported on line 7a of the Form 55002009-01-0116
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0115
Total of all active and inactive participants2009-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0131
Number of participants with account balances2009-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on ANCHOR ELECTRIC 401(K) PLAN

Measure Date Value
2013 : ANCHOR ELECTRIC 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$312,034
Expenses. Total of all expenses incurred2013-12-31$73,724
Benefits paid (including direct rollovers)2013-12-31$73,724
Total plan assets at end of year2013-12-31$1,250,025
Total plan assets at beginning of year2013-12-31$1,011,715
Value of fidelity bond covering the plan2013-12-31$90,000
Total contributions received or receivable from participants2013-12-31$22,705
Contributions received from other sources (not participants or employers)2013-12-31$19,000
Other income received2013-12-31$156,427
Net income (gross income less expenses)2013-12-31$238,310
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,250,025
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,011,715
Assets. Value of participant loans2013-12-31$16,404
Total contributions received or receivable from employer(s)2013-12-31$113,902
2012 : ANCHOR ELECTRIC 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$244,602
Expenses. Total of all expenses incurred2012-12-31$135,140
Benefits paid (including direct rollovers)2012-12-31$120,663
Total plan assets at end of year2012-12-31$1,011,715
Total plan assets at beginning of year2012-12-31$902,253
Value of fidelity bond covering the plan2012-12-31$90,000
Total contributions received or receivable from participants2012-12-31$15,165
Other income received2012-12-31$114,906
Net income (gross income less expenses)2012-12-31$109,462
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,011,715
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$902,253
Total contributions received or receivable from employer(s)2012-12-31$114,531
Value of certain deemed distributions of participant loans2012-12-31$14,477
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : ANCHOR ELECTRIC 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$61,470
Expenses. Total of all expenses incurred2011-12-31$137,749
Benefits paid (including direct rollovers)2011-12-31$130,395
Total plan assets at end of year2011-12-31$902,253
Total plan assets at beginning of year2011-12-31$978,532
Value of fidelity bond covering the plan2011-12-31$90,000
Total contributions received or receivable from participants2011-12-31$6,298
Other income received2011-12-31$-46,971
Net income (gross income less expenses)2011-12-31$-76,279
Net plan assets at end of year (total assets less liabilities)2011-12-31$902,253
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$978,532
Assets. Value of participant loans2011-12-31$16,096
Total contributions received or receivable from employer(s)2011-12-31$102,143
Value of certain deemed distributions of participant loans2011-12-31$7,354
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : ANCHOR ELECTRIC 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$233,475
Expenses. Total of all expenses incurred2010-12-31$21,956
Benefits paid (including direct rollovers)2010-12-31$21,956
Total plan assets at end of year2010-12-31$978,532
Total plan assets at beginning of year2010-12-31$767,013
Value of fidelity bond covering the plan2010-12-31$90,000
Total contributions received or receivable from participants2010-12-31$15,085
Other income received2010-12-31$82,998
Net income (gross income less expenses)2010-12-31$211,519
Net plan assets at end of year (total assets less liabilities)2010-12-31$978,532
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$767,013
Assets. Value of participant loans2010-12-31$17,331
Total contributions received or receivable from employer(s)2010-12-31$135,392
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : ANCHOR ELECTRIC 401(K) PLAN 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 ANCHOR ELECTRIC 401(K) PLAN

2013: ANCHOR ELECTRIC 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
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: ANCHOR ELECTRIC 401(K) PLAN 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: ANCHOR ELECTRIC 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: ANCHOR ELECTRIC 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: ANCHOR ELECTRIC 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
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

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number106090
Policy instance 1
Insurance contract or identification number106090
Number of Individuals Covered23
Insurance policy start date2013-05-20
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $6,306
Total amount of fees paid to insurance companyUSD $950
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $5,336
Insurance broker organization code?3
Amount paid for insurance broker fees950
Insurance broker nameSTRATEGIC RETIREMENT PLAN DYNAMICS,
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number106090
Policy instance 1
Insurance contract or identification number106090
Number of Individuals Covered25
Insurance policy start date2012-05-20
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $2,292
Total amount of fees paid to insurance companyUSD $2,041
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $2,292
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameSTRATEGIC RETIREMENT PLAN DYNAMICS,
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number788-00291
Policy instance 2
Insurance contract or identification number788-00291
Number of Individuals Covered18
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $2,736
Total amount of fees paid to insurance companyUSD $684
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $2,736
Amount paid for insurance broker fees684
Insurance broker organization code?3
Insurance broker nameKMS FINANCIAL SERVICES, INC.
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number788-000291
Policy instance 1
Insurance contract or identification number788-000291
Number of Individuals Covered30
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $5,271
Total amount of fees paid to insurance companyUSD $1,318
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number788-00291
Policy instance 1
Insurance contract or identification number788-00291
Number of Individuals Covered29
Insurance policy start date2010-01-01
Insurance policy end date2010-12-06
Total amount of commissions paid to insurance brokerUSD $4,450
Total amount of fees paid to insurance companyUSD $1,113
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Amount paid for insurance broker fees1113
Additional information about fees paid to insurance brokerTHIRD PARTY ADMINISTRATOR
Insurance broker organization code?5
Commission paid to Insurance BrokerUSD $4,450
Insurance broker nameKMS FINANCIAL SERVICES, INC.
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number788-00291
Policy instance 2
Insurance contract or identification number788-00291
Number of Individuals Covered29
Insurance policy start date2010-12-07
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $471
Total amount of fees paid to insurance companyUSD $118
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $471
Amount paid for insurance broker fees118
Insurance broker organization code?4
Insurance broker nameKMS FINANCIAL SERVICES, INC.

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