Logo

POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN 401k Plan overview

Plan NamePOWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN
Plan identification number 002

POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

POWER ELECTONICS INTERNATIONAL, INC has sponsored the creation of one or more 401k plans.

Company Name:POWER ELECTONICS INTERNATIONAL, INC
Employer identification number (EIN):362738435
NAIC Classification:335900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-08-01MICHAEL HABISOHN2024-03-20
0022021-08-01MATTHEW SCHUCK2023-02-20
0022020-08-01MATTHEW SCHUCK2022-04-26
0022019-08-01MATTHEW SCHUCK2021-02-23
0022018-08-01MATTHEW SCHUCK2020-02-21
0022017-08-01MATTHEW SCHUCK2019-02-05
0022016-08-01MATTHEW SCHUCK2018-01-25
0022015-08-01MATTHEW SCHUCK2016-10-20 MATTHEW SCHUCK2016-10-20
0022014-08-01MATTHEW SCHUCK2015-10-06 MATTHEW SCHUCK2015-10-06
0022013-08-01MATTHEW SCHUCK2014-12-08 MATTHEW SCHUCK2014-12-08
0022012-08-01MATTHEW SCHUCK2013-12-19
0022011-08-01MATTHEW SCHUCK
0022009-08-01MATTHEW SCHUCK

Plan Statistics for POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN

401k plan membership statisitcs for POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN

Measure Date Value
2011: POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-08-0140
Total number of active participants reported on line 7a of the Form 55002011-08-0139
Number of retired or separated participants receiving benefits2011-08-010
Total of all active and inactive participants2011-08-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-08-010
Total participants2011-08-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-08-010
2009: POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-08-0141
Total number of active participants reported on line 7a of the Form 55002009-08-0141
Number of retired or separated participants receiving benefits2009-08-010
Number of other retired or separated participants entitled to future benefits2009-08-010
Total of all active and inactive participants2009-08-0141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-08-010
Total participants2009-08-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-08-010

Financial Data on POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN

Measure Date Value
2012 : POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year2012-07-31$0
Total plan liabilities at beginning of year2012-07-31$0
Total income from all sources2012-07-31$55,687
Expenses. Total of all expenses incurred2012-07-31$43,000
Benefits paid (including direct rollovers)2012-07-31$43,000
Total plan assets at end of year2012-07-31$3,256,661
Total plan assets at beginning of year2012-07-31$3,243,974
Value of fidelity bond covering the plan2012-07-31$500,000
Expenses. Other expenses not covered elsewhere2012-07-31$0
Other income received2012-07-31$-259,830
Net income (gross income less expenses)2012-07-31$12,687
Net plan assets at end of year (total assets less liabilities)2012-07-31$3,256,661
Net plan assets at beginning of year (total assets less liabilities)2012-07-31$3,243,974
Assets. Value of participant loans2012-07-31$155,479
Total contributions received or receivable from employer(s)2012-07-31$315,517
Expenses. Administrative service providers (salaries,fees and commissions)2012-07-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-07-31$0
2011 : POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-07-31$0
Total plan liabilities at beginning of year2011-07-31$0
Total income from all sources2011-07-31$769,754
Total plan assets at end of year2011-07-31$3,243,974
Total plan assets at beginning of year2011-07-31$2,474,220
Value of fidelity bond covering the plan2011-07-31$500,000
Total contributions received or receivable from participants2011-07-31$46,490
Other income received2011-07-31$430,030
Net income (gross income less expenses)2011-07-31$769,754
Net plan assets at end of year (total assets less liabilities)2011-07-31$3,243,974
Net plan assets at beginning of year (total assets less liabilities)2011-07-31$2,474,220
Assets. Value of participant loans2011-07-31$168,163
Total contributions received or receivable from employer(s)2011-07-31$293,234
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-07-31$0
2010 : POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-07-31$0

Form 5500 Responses for POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN

2011: POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN 2011 form 5500 responses
2011-08-01Type of plan entitySingle employer plan
2011-08-01Submission has been amendedNo
2011-08-01This submission is the final filingNo
2011-08-01This return/report is a short plan year return/report (less than 12 months)No
2011-08-01Plan is a collectively bargained planNo
2011-08-01Plan funding arrangement – TrustYes
2011-08-01Plan benefit arrangement - TrustYes
2009: POWER ELECTONICS INTERNATIONAL, INC PROFIT SHARING PLAN 2009 form 5500 responses
2009-08-01Type of plan entitySingle employer plan
2009-08-01Submission has been amendedNo
2009-08-01This submission is the final filingNo
2009-08-01This return/report is a short plan year return/report (less than 12 months)No
2009-08-01Plan is a collectively bargained planNo
2009-08-01Plan funding arrangement – TrustYes
2009-08-01Plan benefit arrangement - TrustYes

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1