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BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 401k Plan overview

Plan NameBEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST
Plan identification number 001

BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

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

Company Name:BEAR ELECTRIC, INC.
Employer identification number (EIN):930700558
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Additional information about BEAR ELECTRIC, INC.

Jurisdiction of Incorporation: Oregon Secretary of State Corporations Division
Incorporation Date: 1978-01-18
Company Identification Number: 12611117
Legal Registered Office Address: 20985 BUTTEVILLE RD NE

DONALD
United States of America (USA)
97020

More information about BEAR ELECTRIC, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01STEPHEN SHEPHERD2024-10-02
0012022-01-01STEPHEN SHEPHERD2023-06-07
0012021-01-01STEPHEN SHEPHERD2022-05-16
0012020-01-01STEPHEN SHEPHERD2021-07-30
0012018-01-01STEPHEN SHEPHERD2019-03-14
0012017-01-01STEPHEN SHEPHERD2018-06-15
0012016-01-01STEPHEN SHEPHERD2017-05-24
0012015-01-01STEPHEN SHEPHERD2016-09-08
0012015-01-01STEPHEN SHEPHERD2016-08-02
0012014-01-01STEPHEN SHEPHERD2016-06-29
0012014-01-01CARL REDMAN2015-10-12
0012013-01-01STEPHEN SHEPHERD
0012012-01-01CARL REDMAN
0012011-01-01CARL REDMAN
0012009-01-01SHEILA LEMONS SHEILA LEMONS2010-10-05
0012009-01-01STEPHEN SHEPHERD

Plan Statistics for BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST

401k plan membership statisitcs for BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST

Measure Date Value
2025: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year2025-09-29100
Total number of particpants at end of year2025-09-29103
Number of Participants With Account Balances2025-09-2994
2024: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year2024-10-0297
Total number of particpants at end of year2024-10-0299
Number of Participants With Account Balances2024-10-0293
2022: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year2022-05-1687
Total number of particpants at end of year2022-05-1685
Number of Participants With Account Balances2022-05-1663
2013: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0149
Total number of active participants reported on line 7a of the Form 55002013-01-0148
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-016
Total of all active and inactive participants2013-01-0154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0154
Number of participants with account balances2013-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-0148
Total number of active participants reported on line 7a of the Form 55002012-01-0144
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-015
Total of all active and inactive participants2012-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0149
Number of participants with account balances2012-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0145
Total number of active participants reported on line 7a of the Form 55002011-01-0144
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0148
Number of participants with account balances2011-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2009: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0180
Total number of active participants reported on line 7a of the Form 55002009-01-0159
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 participants2009-01-0174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0174
Number of participants with account balances2009-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST

Measure Date Value
2025 : BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2025 401k financial data
Total liabilities as of the end of the plan year2025-09-2947
Total liabilities as of the beginning of the plan year2025-09-295393
Total expenses incurred by plan in this plan year2025-09-29902689
Net assets as of the end of the plan year2025-09-295979151
Total assets as of the beginning of the plan year2025-09-295545848
Value of plan covered by a fidelity bond2025-09-29500000
Participant contributions to plan in this plan year2025-09-29480231
Value of participant loans at end of plan year2025-09-2973108
Other income to plan in this plan year2025-09-29656273
Plan net income in this plan year2025-09-29438649
Net assets as of the end of the plan year2025-09-295979104
Net assets as of the beginning of the plan year2025-09-295540455
Employer contributions to plan in this plan year2025-09-29204834
Fees paid to broker by Benefit Provider2025-09-2914965
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-292125
2024 : BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-025393
Total liabilities as of the beginning of the plan year2024-10-0211685
Total expenses incurred by plan in this plan year2024-10-021385818
Net assets as of the end of the plan year2024-10-025545848
Total assets as of the beginning of the plan year2024-10-025385684
Value of plan covered by a fidelity bond2024-10-02500000
Participant contributions to plan in this plan year2024-10-02453142
Value of participant loans at end of plan year2024-10-0274848
Other contributions to plan in this plan year2024-10-025463
Other income to plan in this plan year2024-10-02749085
Plan net income in this plan year2024-10-02166456
Net assets as of the end of the plan year2024-10-025540455
Net assets as of the beginning of the plan year2024-10-025373999
Value of contributions failed to transmitted timely2024-10-02171
Employer contributions to plan in this plan year2024-10-02344584
Fees paid to broker by Benefit Provider2024-10-0217618
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-022075
2022 : BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2022 401k financial data
Total liabilities as of the end of the plan year2022-05-166818
Total liabilities as of the beginning of the plan year2022-05-162661
Total expenses incurred by plan in this plan year2022-05-1642951
Net assets as of the end of the plan year2022-05-165893950
Total assets as of the beginning of the plan year2022-05-164910297
Value of plan covered by a fidelity bond2022-05-16190000
Participant contributions to plan in this plan year2022-05-16331555
Value of participant loans at end of plan year2022-05-1632127
Other income to plan in this plan year2022-05-16555872
Plan net income in this plan year2022-05-16979496
Net assets as of the end of the plan year2022-05-165887132
Net assets as of the beginning of the plan year2022-05-164907636
Employer contributions to plan in this plan year2022-05-16135020
Fees paid to broker by Benefit Provider2022-05-1616088
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-167690
2013 : BEAR ELECTRIC, INC. EMPLOYEES' 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 income from all sources2013-12-31$331,832
Expenses. Total of all expenses incurred2013-12-31$31,484
Benefits paid (including direct rollovers)2013-12-31$31,221
Total plan assets at end of year2013-12-31$2,020,231
Total plan assets at beginning of year2013-12-31$1,719,883
Value of fidelity bond covering the plan2013-12-31$190,000
Total contributions received or receivable from participants2013-12-31$71,146
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$5,302
Other income received2013-12-31$245,665
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$300,348
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,020,231
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,719,883
Assets. Value of participant loans2013-12-31$43,984
Total contributions received or receivable from employer(s)2013-12-31$9,719
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$263
2012 : BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2012 401k financial data
Total income from all sources2012-12-31$267,683
Expenses. Total of all expenses incurred2012-12-31$259,730
Benefits paid (including direct rollovers)2012-12-31$259,670
Total plan assets at end of year2012-12-31$1,719,883
Total plan assets at beginning of year2012-12-31$1,711,930
Total contributions received or receivable from participants2012-12-31$74,038
Other income received2012-12-31$177,753
Net income (gross income less expenses)2012-12-31$7,953
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,719,883
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,711,930
Assets. Value of participant loans2012-12-31$55,078
Total contributions received or receivable from employer(s)2012-12-31$15,892
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$60
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2011 401k financial data
Total income from all sources2011-12-31$48,710
Expenses. Total of all expenses incurred2011-12-31$409,856
Benefits paid (including direct rollovers)2011-12-31$401,220
Total plan assets at end of year2011-12-31$1,711,930
Total plan assets at beginning of year2011-12-31$2,073,076
Total contributions received or receivable from participants2011-12-31$89,495
Other income received2011-12-31$-58,766
Net income (gross income less expenses)2011-12-31$-361,146
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,711,930
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,073,076
Assets. Value of participant loans2011-12-31$69,223
Total contributions received or receivable from employer(s)2011-12-31$17,981
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$8,636
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 2010 401k financial data
Total income from all sources2010-12-31$428,158
Expenses. Total of all expenses incurred2010-12-31$150,251
Benefits paid (including direct rollovers)2010-12-31$136,043
Total plan assets at end of year2010-12-31$2,073,076
Total plan assets at beginning of year2010-12-31$1,795,169
Value of fidelity bond covering the plan2010-12-31$190,000
Total contributions received or receivable from participants2010-12-31$132,436
Contributions received from other sources (not participants or employers)2010-12-31$8,000
Other income received2010-12-31$262,142
Net income (gross income less expenses)2010-12-31$277,907
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,073,076
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,795,169
Total contributions received or receivable from employer(s)2010-12-31$25,580
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$14,208
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : BEAR ELECTRIC, INC. EMPLOYEES' 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 BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST

2013: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND 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 funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 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 funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: BEAR ELECTRIC, INC. EMPLOYEES' 401(K) PLAN AND TRUST 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

COUNTRY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66419 )
Policy contract number20063
Policy instance 1
COUNTRY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66419 )
Policy contract number20063
Policy instance 1

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