401k Plan data: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN plan

INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 401k Plan overview

Plan Name	INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN
Plan identification number	005

INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT 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.
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

INDEPENDENT ELECTRIC MACHINERY CO. has sponsored the creation of one or more 401k plans.

Company Name: INDEPENDENT ELECTRIC MACHINERY CO.

Employer identification number (EIN): 440294980

NAIC Classification: 811310
NAIC Description: Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
005 2023-01-01
005 2022-01-01
005 2021-01-01
005 2020-01-01
005 2019-01-01
005 2018-01-01
005 2017-01-01 JIM KOBILARCSIK 2018-09-24 JIM KOBILARCSIK 2018-09-24
005 2016-01-01 JIM KOBILARCSIK JIM KOBILARCSIK 2017-07-28
005 2015-01-01 JIM KOBILARCSIK JIM KOBILARCSIK 2016-10-05
005 2014-01-01 JIM KOBILARCSIK JIM KOBILARCSIK 2015-07-14
005 2013-01-01 JIM KOBILARCSIK 2014-07-23 JIM KOBILARCSIK 2014-07-23
005 2012-01-01 JIM KOBILARCSIK 2013-07-23 JIM KOBILARCSIK 2013-07-23
005 2011-01-01 JIM KOBILARCSIK 2012-07-25 JIM KOBILARCSIK 2012-07-25
005 2010-01-01 BERNARD FAVALORO 2011-06-28

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
005	2023-01-01
005	2022-01-01
005	2021-01-01
005	2020-01-01
005	2019-01-01
005	2018-01-01
005	2017-01-01	JIM KOBILARCSIK	2018-09-24	JIM KOBILARCSIK	2018-09-24
005	2016-01-01	JIM KOBILARCSIK		JIM KOBILARCSIK	2017-07-28
005	2015-01-01	JIM KOBILARCSIK		JIM KOBILARCSIK	2016-10-05
005	2014-01-01	JIM KOBILARCSIK		JIM KOBILARCSIK	2015-07-14
005	2013-01-01	JIM KOBILARCSIK	2014-07-23	JIM KOBILARCSIK	2014-07-23
005	2012-01-01	JIM KOBILARCSIK	2013-07-23	JIM KOBILARCSIK	2013-07-23
005	2011-01-01	JIM KOBILARCSIK	2012-07-25	JIM KOBILARCSIK	2012-07-25
005	2010-01-01	BERNARD FAVALORO	2011-06-28

Plan Statistics for INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN

401k plan membership statisitcs for INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN

Measure Date Value
2016: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 71
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 48
Number of retired or separated participants receiving benefits 2016-01-01 1
Number of other retired or separated participants entitled to future benefits 2016-01-01 3
Total of all active and inactive participants 2016-01-01 52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 52
Number of participants with account balances 2016-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 50
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 48
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 3
Total of all active and inactive participants 2015-01-01 51
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 51
Number of participants with account balances 2015-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 35
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 31
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 3
Total of all active and inactive participants 2014-01-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 34
Number of participants with account balances 2014-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2016: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	71
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	48
Number of retired or separated participants receiving benefits	2016-01-01	1
Number of other retired or separated participants entitled to future benefits	2016-01-01	3
Total of all active and inactive participants	2016-01-01	52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	52
Number of participants with account balances	2016-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	50
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	48
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	3
Total of all active and inactive participants	2015-01-01	51
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	51
Number of participants with account balances	2015-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	35
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	31
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	3
Total of all active and inactive participants	2014-01-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	34
Number of participants with account balances	2014-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN

Measure	Date	Value
2016 : INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$620,332
Expenses. Total of all expenses incurred	2016-12-31	$590,267
Benefits paid (including direct rollovers)	2016-12-31	$573,490
Total plan assets at end of year	2016-12-31	$3,452,841
Total plan assets at beginning of year	2016-12-31	$3,422,776
Value of fidelity bond covering the plan	2016-12-31	$400,000
Total contributions received or receivable from participants	2016-12-31	$153,793
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$382,328
Net income (gross income less expenses)	2016-12-31	$30,065
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$3,452,841
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$3,422,776
Total contributions received or receivable from employer(s)	2016-12-31	$84,211
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$16,337
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$440
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$180,971
Expenses. Total of all expenses incurred	2015-12-31	$775,883
Benefits paid (including direct rollovers)	2015-12-31	$773,379
Total plan assets at end of year	2015-12-31	$3,422,776
Total plan assets at beginning of year	2015-12-31	$4,017,688
Total contributions received or receivable from participants	2015-12-31	$171,841
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-84,124
Net income (gross income less expenses)	2015-12-31	$-594,912
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$3,422,776
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$4,017,688
Total contributions received or receivable from employer(s)	2015-12-31	$93,254
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$1,864
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$640
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$550,429
Expenses. Total of all expenses incurred	2014-12-31	$434,584
Benefits paid (including direct rollovers)	2014-12-31	$431,852
Total plan assets at end of year	2014-12-31	$4,017,688
Total plan assets at beginning of year	2014-12-31	$3,901,843
Total contributions received or receivable from participants	2014-12-31	$144,743
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$327,286
Net income (gross income less expenses)	2014-12-31	$115,845
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$4,017,688
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$3,901,843
Total contributions received or receivable from employer(s)	2014-12-31	$78,400
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$1,094
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$1,638
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0

Form 5500 Responses for INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN

2016: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: INDEPENDENT ELECTRIC EMPLOYEES' RETIREMENT PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

SF 7915

Policy instance

Insurance contract or identification number	SF 7915
Number of Individuals Covered	51
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

SF 7915

Policy instance

Insurance contract or identification number	SF 7915
Number of Individuals Covered	34
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	INDEPENDENT ELECTRIC MACHINERY CO.
Employer identification number (EIN):	440294980
NAIC Classification:	811310
NAIC Description:	Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance