401k Plan data: JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN plan

JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	002

JARMER ELECTRIC, INC. 401(K) PROFIT SHARING 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 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

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

Company Name: JARMER ELECTRIC, INC.

Employer identification number (EIN): 930694887

NAIC Classification: 238210
NAIC Description: Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-10-01 STEVEN SA 2024-12-19
002 2022-10-01
002 2021-10-01
002 2020-10-01 TIMOTHY JARMER 2022-02-01
002 2019-10-01
002 2017-10-01 STUART JARMER 2018-10-26
002 2014-10-01 STUART JARMER 2015-10-27
002 2012-10-01 STUART JARMER 2014-04-09
002 2011-10-01 STUART JARMER 2013-06-14
002 2010-10-01 STUART JARMER 2012-04-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-10-01	STEVEN SA	2024-12-19
002	2022-10-01
002	2021-10-01
002	2020-10-01	TIMOTHY JARMER	2022-02-01
002	2019-10-01
002	2017-10-01	STUART JARMER	2018-10-26
002	2014-10-01	STUART JARMER	2015-10-27
002	2012-10-01	STUART JARMER	2014-04-09
002	2011-10-01	STUART JARMER	2013-06-14
002	2010-10-01	STUART JARMER	2012-04-06

Plan Statistics for JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2024: JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-12-19 18
Total number of particpants at end of year 2024-12-19 16
Number of Participants With Account Balances 2024-12-19 16

Measure	Date	Value
2024: JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-12-19	18
Total number of particpants at end of year	2024-12-19	16
Number of Participants With Account Balances	2024-12-19	16

Financial Data on JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2024 : JARMER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-12-19	2304195
Net assets as of the end of the plan year	2024-12-19	1380257
Total assets as of the beginning of the plan year	2024-12-19	2973132
Value of plan covered by a fidelity bond	2024-12-19	370000
Participant contributions to plan in this plan year	2024-12-19	125227
Other contributions to plan in this plan year	2024-12-19	0
Other income to plan in this plan year	2024-12-19	560473
Plan net income in this plan year	2024-12-19	-1592875
Net assets as of the end of the plan year	2024-12-19	1380257
Net assets as of the beginning of the plan year	2024-12-19	2973132
Employer contributions to plan in this plan year	2024-12-19	25620
Expensese paid to adminstrative service provicers from plan in this plan year	2024-12-19	18214

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Company Name:	JARMER ELECTRIC, INC.
Employer identification number (EIN):	930694887
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors