401k Plan data: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN plan

EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 401k Plan overview

Plan Name	EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN
Plan identification number	001

EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

EASTERN SHORE ELECTRIC SERVICES has sponsored the creation of one or more 401k plans.

Company Name: EASTERN SHORE ELECTRIC SERVICES

Employer identification number (EIN): 331104845

NAIC Classification: 423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 GEORGE ELLIOTT
001 2011-01-01 GEORGE ELLIOTT
001 2009-01-01 GEORGE ELLIOTT
001 2009-01-01 GEORGE ELLIOTT

Plan id#	Filing Submission Date	Name of Administrator
001	2012-01-01	GEORGE ELLIOTT
001	2011-01-01	GEORGE ELLIOTT
001	2009-01-01	GEORGE ELLIOTT
001	2009-01-01	GEORGE ELLIOTT

Plan Statistics for EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN

401k plan membership statisitcs for EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN

Measure Date Value
2012: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 35
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Number of participants with account balances 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 120
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 35
Total of all active and inactive participants 2011-01-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 35
Number of participants with account balances 2011-01-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 55
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 78
Number of retired or separated participants receiving benefits 2009-01-01 5
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 84
Number of participants with account balances 2009-01-01 52

Measure	Date	Value
2012: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	35
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Number of participants with account balances	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	120
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	35
Total of all active and inactive participants	2011-01-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	35
Number of participants with account balances	2011-01-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	55
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	78
Number of retired or separated participants receiving benefits	2009-01-01	5
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	84
Number of participants with account balances	2009-01-01	52

Financial Data on EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN

Measure	Date	Value
2012 : EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-09-30	$18,744
Expenses. Total of all expenses incurred	2012-09-30	$372,593
Benefits paid (including direct rollovers)	2012-09-30	$362,017
Total plan assets at end of year	2012-09-30	$0
Total plan assets at beginning of year	2012-09-30	$353,849
Other income received	2012-09-30	$18,744
Net income (gross income less expenses)	2012-09-30	$-353,849
Net plan assets at end of year (total assets less liabilities)	2012-09-30	$0
Net plan assets at beginning of year (total assets less liabilities)	2012-09-30	$353,849
Expenses. Administrative service providers (salaries,fees and commissions)	2012-09-30	$10,576
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-09-30	$0
2011 : EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$27,608
Expenses. Total of all expenses incurred	2011-12-31	$232,777
Benefits paid (including direct rollovers)	2011-12-31	$204,205
Total plan assets at end of year	2011-12-31	$353,849
Total plan assets at beginning of year	2011-12-31	$559,018
Total contributions received or receivable from participants	2011-12-31	$24,639
Other income received	2011-12-31	$2,969
Net income (gross income less expenses)	2011-12-31	$-205,169
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$353,849
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$559,018
Assets. Value of participant loans	2011-12-31	$14,672
Value of certain deemed distributions of participant loans	2011-12-31	$10,804
Value of corrective distributions	2011-12-31	$5,431
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$12,337
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$197,344
Expenses. Total of all expenses incurred	2010-12-31	$97,058
Benefits paid (including direct rollovers)	2010-12-31	$85,091
Total plan assets at end of year	2010-12-31	$559,018
Total plan assets at beginning of year	2010-12-31	$458,732
Value of fidelity bond covering the plan	2010-12-31	$50,000
Total contributions received or receivable from participants	2010-12-31	$118,146
Expenses. Other expenses not covered elsewhere	2010-12-31	$11,232
Other income received	2010-12-31	$72,434
Net income (gross income less expenses)	2010-12-31	$100,286
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$559,018
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$458,732
Assets. Value of participant loans	2010-12-31	$21,095
Total contributions received or receivable from employer(s)	2010-12-31	$6,764
Value of certain deemed distributions of participant loans	2010-12-31	$735
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN

2012: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: EASTERN SHORE ELECTRIC SERVICES 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	EASTERN SHORE ELECTRIC SERVICES
Employer identification number (EIN):	331104845
NAIC Classification:	423600