401k Plan data: JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN plan

JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	002

JET INDUSTRIAL ELECTRONICS, 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.
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

JET INDUSTRIAL ELECTRONICS INC has sponsored the creation of one or more 401k plans.

Company Name: JET INDUSTRIAL ELECTRONICS INC

Employer identification number (EIN): 222238383

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 JET INDUSTRIAL ELECTRONICS, 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 2016-01-01 JOHN C BOYCE 2017-10-10
002 2015-01-01 JOHN C BOYCE 2016-10-04
002 2014-01-01 JOHN C BOYCE 2015-10-06
002 2013-01-01 JOHN C BOYCE 2014-10-13
002 2012-01-01 SHERYL GUSS 2013-10-08
002 2011-01-01 JOHN C BOYCE

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2016-01-01	JOHN C BOYCE	2017-10-10
002	2015-01-01	JOHN C BOYCE	2016-10-04
002	2014-01-01	JOHN C BOYCE	2015-10-06
002	2013-01-01	JOHN C BOYCE	2014-10-13
002	2012-01-01	SHERYL GUSS	2013-10-08
002	2011-01-01	JOHN C BOYCE

Plan Statistics for JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2011: JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 11
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 5
Total of all active and inactive participants 2011-01-01 16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 16
Number of participants with account balances 2011-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 2

Measure	Date	Value
2011: JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	11
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	5
Total of all active and inactive participants	2011-01-01	16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	16
Number of participants with account balances	2011-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	2

Financial Data on JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2011 : JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$107,222
Expenses. Total of all expenses incurred	2011-12-31	$0
Benefits paid (including direct rollovers)	2011-12-31	$0
Total plan assets at end of year	2011-12-31	$966,878
Total plan assets at beginning of year	2011-12-31	$859,656
Total contributions received or receivable from participants	2011-12-31	$74,014
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$-31,104
Net income (gross income less expenses)	2011-12-31	$107,222
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$966,878
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$859,656
Total contributions received or receivable from employer(s)	2011-12-31	$64,312
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$0
2010 : JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$122,756
Expenses. Total of all expenses incurred	2010-12-31	$102,385
Benefits paid (including direct rollovers)	2010-12-31	$102,385
Total plan assets at end of year	2010-12-31	$859,656
Total plan assets at beginning of year	2010-12-31	$839,285
Total contributions received or receivable from participants	2010-12-31	$61,170
Other income received	2010-12-31	$33,564
Net income (gross income less expenses)	2010-12-31	$20,371
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$859,656
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$839,285
Total contributions received or receivable from employer(s)	2010-12-31	$28,022
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0

Form 5500 Responses for JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING PLAN

2011: JET INDUSTRIAL ELECTRONICS, INC. 401(K) PROFIT SHARING 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

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Company Name:	JET INDUSTRIAL ELECTRONICS INC
Employer identification number (EIN):	222238383
NAIC Classification:	811310
NAIC Description:	Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance