401k Plan data: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN plan

ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 401k Plan overview

Plan Name	ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN
Plan identification number	001

ELECTRIC COMPONENT SALES, INC. 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

Company Name: ELECTRIC COMPONENT SALES, INC.

Employer identification number (EIN): 410983150

NAIC Classification: 423990
NAIC Description: Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 DAVID GARTNER 2023-10-16 DAVID GARTNER 2023-10-16
001 2021-01-01 DAVID J GARTNER 2022-07-11 DAVID J GARTNER 2022-07-11
001 2020-01-01 DAVID GARTNER 2021-06-17 DAVID GARTNER 2021-06-17
001 2019-01-01 DAVID GARTNER 2020-06-18 DAVID GARTNER 2020-06-18
001 2018-01-01 DAVID J GARTNER 2019-09-30 DAVID J GARTNER 2019-09-30
001 2017-01-01 DAVID J GARTNER 2018-07-30 DAVID J GARTNER 2018-07-30
001 2016-01-01 DAVID GARTNER 2017-10-06 DAVID GARTNER 2017-10-06
001 2016-01-01 DAVID GARTNER 2017-06-13 DAVID GARTNER 2017-06-13
001 2015-01-01 DAVID GARTNER 2016-09-11 DAVID GARTNER 2016-09-11
001 2015-01-01 DAVID JAY GARTNER 2017-10-10 DAVID JAY GARTNER 2017-10-10
001 2014-01-01 DAVID GARTNER DAVID GARTNER 2015-09-16
001 2013-01-01 DAVID GARTNER DAVID GARTNER 2014-07-16
001 2009-01-01 DAVID GARTNER DAVID GARTNER 2014-07-28

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	DAVID GARTNER	2023-10-16	DAVID GARTNER	2023-10-16
001	2021-01-01	DAVID J GARTNER	2022-07-11	DAVID J GARTNER	2022-07-11
001	2020-01-01	DAVID GARTNER	2021-06-17	DAVID GARTNER	2021-06-17
001	2019-01-01	DAVID GARTNER	2020-06-18	DAVID GARTNER	2020-06-18
001	2018-01-01	DAVID J GARTNER	2019-09-30	DAVID J GARTNER	2019-09-30
001	2017-01-01	DAVID J GARTNER	2018-07-30	DAVID J GARTNER	2018-07-30
001	2016-01-01	DAVID GARTNER	2017-10-06	DAVID GARTNER	2017-10-06
001	2016-01-01	DAVID GARTNER	2017-06-13	DAVID GARTNER	2017-06-13
001	2015-01-01	DAVID GARTNER	2016-09-11	DAVID GARTNER	2016-09-11
001	2015-01-01	DAVID JAY GARTNER	2017-10-10	DAVID JAY GARTNER	2017-10-10
001	2014-01-01	DAVID GARTNER		DAVID GARTNER	2015-09-16
001	2013-01-01	DAVID GARTNER		DAVID GARTNER	2014-07-16
001	2009-01-01	DAVID GARTNER		DAVID GARTNER	2014-07-28

Plan Statistics for ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN

Measure Date Value
2014: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 12
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 2
Total of all active and inactive participants 2014-01-01 14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 14
Number of participants with account balances 2014-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 16
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 13
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 2
Total of all active and inactive participants 2013-01-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 15
Number of participants with account balances 2013-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2009: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 17
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 18
Number of participants with account balances 2009-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2014: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	12
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	2
Total of all active and inactive participants	2014-01-01	14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	14
Number of participants with account balances	2014-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	16
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	13
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	2
Total of all active and inactive participants	2013-01-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	15
Number of participants with account balances	2013-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2009: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	17
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	18
Number of participants with account balances	2009-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN

Measure	Date	Value
2014 : ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$384,853
Expenses. Total of all expenses incurred	2014-12-31	$368,289
Benefits paid (including direct rollovers)	2014-12-31	$364,834
Total plan assets at end of year	2014-12-31	$3,374,825
Total plan assets at beginning of year	2014-12-31	$3,358,261
Value of fidelity bond covering the plan	2014-12-31	$500,000
Total contributions received or receivable from participants	2014-12-31	$49,687
Other income received	2014-12-31	$269,992
Net income (gross income less expenses)	2014-12-31	$16,564
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$3,374,825
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$3,358,261
Total contributions received or receivable from employer(s)	2014-12-31	$65,174
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$3,455
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$808,259
Expenses. Total of all expenses incurred	2013-12-31	$118,658
Benefits paid (including direct rollovers)	2013-12-31	$114,923
Total plan assets at end of year	2013-12-31	$3,358,261
Total plan assets at beginning of year	2013-12-31	$2,668,660
Value of fidelity bond covering the plan	2013-12-31	$500,000
Total contributions received or receivable from participants	2013-12-31	$71,589
Other income received	2013-12-31	$604,585
Net income (gross income less expenses)	2013-12-31	$689,601
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$3,358,261
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$2,668,660
Total contributions received or receivable from employer(s)	2013-12-31	$132,085
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$3,735
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2009 : ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2009 401k financial data
Total income from all sources	2009-12-31	$573,886
Expenses. Total of all expenses incurred	2009-12-31	$536,905
Benefits paid (including direct rollovers)	2009-12-31	$536,865
Total plan assets at end of year	2009-12-31	$2,937,693
Total plan assets at beginning of year	2009-12-31	$2,900,712
Value of fidelity bond covering the plan	2009-12-31	$477,500
Total contributions received or receivable from participants	2009-12-31	$56,218
Other income received	2009-12-31	$230,368
Net income (gross income less expenses)	2009-12-31	$36,981
Net plan assets at end of year (total assets less liabilities)	2009-12-31	$2,937,693
Net plan assets at beginning of year (total assets less liabilities)	2009-12-31	$2,900,712
Total contributions received or receivable from employer(s)	2009-12-31	$287,300
Expenses. Administrative service providers (salaries,fees and commissions)	2009-12-31	$40

Form 5500 Responses for ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN

2014: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING 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
2013: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2009: ELECTRIC COMPONENT SALES, INC. PROFIT SHARING 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 – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )

Policy contract number

67235

Policy instance

Insurance contract or identification number	67235
Number of Individuals Covered	12
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $12,578
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
Commission paid to Insurance Broker	USD $12,578
Additional information about fees paid to insurance broker	CONSULTING INVESTMENT ADVISORY
Insurance broker organization code?	3
Insurance broker name	RBC WEALTH MANAGEEMENT

MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )

Policy contract number

67235

Policy instance

Insurance contract or identification number	67235
Number of Individuals Covered	15
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $11,010
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
Amount paid for insurance broker fees	11010
Additional information about fees paid to insurance broker	CONSULTING INVESTMENT ADVISORY
Insurance broker organization code?	3
Insurance broker name	MIKE BEASLEY

MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )

Policy contract number

67235

Policy instance

Insurance contract or identification number	67235
Number of Individuals Covered	18
Insurance policy start date	2009-01-01
Insurance policy end date	2009-12-31
Total amount of commissions paid to insurance broker	USD $5,817
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
Commission paid to Insurance Broker	USD $5,817
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Insurance broker name	THOMAS A SCHULENBERG

Potentially related plans

ELECTRIC COMPONENT SALES, INC. PROFIT SHARING PLAN [EIN = 410893150]

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Company Name:	ELECTRIC COMPONENT SALES, INC.
Employer identification number (EIN):	410983150
NAIC Classification:	423990
NAIC Description:	Other Miscellaneous Durable Goods Merchant Wholesalers