401k Plan data: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN plan

WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 401k Plan overview

Plan Name	WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN
Plan identification number	002

WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING 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

WATSON ELECTRIC COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: WATSON ELECTRIC COMPANY, INC.

Employer identification number (EIN): 560813450

NAIC Classification: 238210
NAIC Description: Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01 KATHY KISER
002 2016-01-01 KATHY KISER
002 2015-01-01 KATHY KISER
002 2014-01-01 KATHY KISER
002 2013-01-01 KATHY KISER
002 2012-01-01 KATHY KISER 2013-07-02
002 2011-01-01 KATHY KISER 2012-09-10
002 2010-01-01 KATHY KISER 2011-10-14

Plan Statistics for WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN

401k plan membership statisitcs for WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN

Measure Date Value
2022: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 79
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 79
Number of other retired or separated participants entitled to future benefits 2022-01-01 13
Total of all active and inactive participants 2022-01-01 92
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 93
Number of participants with account balances 2022-01-01 87
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 1
2021: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 76
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 65
Number of other retired or separated participants entitled to future benefits 2021-01-01 13
Total of all active and inactive participants 2021-01-01 78
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 79
Number of participants with account balances 2021-01-01 70
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1
2020: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 65
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 64
Number of other retired or separated participants entitled to future benefits 2020-01-01 11
Total of all active and inactive participants 2020-01-01 75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 1
Total participants 2020-01-01 76
Number of participants with account balances 2020-01-01 72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 1
2019: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 66
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 53
Number of other retired or separated participants entitled to future benefits 2019-01-01 11
Total of all active and inactive participants 2019-01-01 64
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 1
Total participants 2019-01-01 65
Number of participants with account balances 2019-01-01 62
2018: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 60
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 55
Number of other retired or separated participants entitled to future benefits 2018-01-01 11
Total of all active and inactive participants 2018-01-01 66
Total participants 2018-01-01 66
Number of participants with account balances 2018-01-01 63
2017: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 63
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 49
Number of other retired or separated participants entitled to future benefits 2017-01-01 11
Total of all active and inactive participants 2017-01-01 60
Total participants 2017-01-01 60
Number of participants with account balances 2017-01-01 56
2016: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 62
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 52
Number of other retired or separated participants entitled to future benefits 2016-01-01 11
Total of all active and inactive participants 2016-01-01 63
Total participants 2016-01-01 63
Number of participants with account balances 2016-01-01 59
2015: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 65
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 51
Number of other retired or separated participants entitled to future benefits 2015-01-01 11
Total of all active and inactive participants 2015-01-01 62
Total participants 2015-01-01 62
Number of participants with account balances 2015-01-01 59
2014: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 68
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 54
Number of other retired or separated participants entitled to future benefits 2014-01-01 11
Total of all active and inactive participants 2014-01-01 65
Total participants 2014-01-01 65
Number of participants with account balances 2014-01-01 62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1
2013: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 67
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 56
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 12
Total of all active and inactive participants 2013-01-01 68
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 68
Number of participants with account balances 2013-01-01 63
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2022: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	79
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	79
Number of other retired or separated participants entitled to future benefits	2022-01-01	13
Total of all active and inactive participants	2022-01-01	92
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	93
Number of participants with account balances	2022-01-01	87
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	1
2021: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	76
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	65
Number of other retired or separated participants entitled to future benefits	2021-01-01	13
Total of all active and inactive participants	2021-01-01	78
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	79
Number of participants with account balances	2021-01-01	70
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1
2020: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	65
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	64
Number of other retired or separated participants entitled to future benefits	2020-01-01	11
Total of all active and inactive participants	2020-01-01	75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	1
Total participants	2020-01-01	76
Number of participants with account balances	2020-01-01	72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	1
2019: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	66
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	53
Number of other retired or separated participants entitled to future benefits	2019-01-01	11
Total of all active and inactive participants	2019-01-01	64
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	1
Total participants	2019-01-01	65
Number of participants with account balances	2019-01-01	62
2018: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	60
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	55
Number of other retired or separated participants entitled to future benefits	2018-01-01	11
Total of all active and inactive participants	2018-01-01	66
Total participants	2018-01-01	66
Number of participants with account balances	2018-01-01	63
2017: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	63
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	49
Number of other retired or separated participants entitled to future benefits	2017-01-01	11
Total of all active and inactive participants	2017-01-01	60
Total participants	2017-01-01	60
Number of participants with account balances	2017-01-01	56
2016: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	62
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	52
Number of other retired or separated participants entitled to future benefits	2016-01-01	11
Total of all active and inactive participants	2016-01-01	63
Total participants	2016-01-01	63
Number of participants with account balances	2016-01-01	59
2015: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	65
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	51
Number of other retired or separated participants entitled to future benefits	2015-01-01	11
Total of all active and inactive participants	2015-01-01	62
Total participants	2015-01-01	62
Number of participants with account balances	2015-01-01	59
2014: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	68
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	54
Number of other retired or separated participants entitled to future benefits	2014-01-01	11
Total of all active and inactive participants	2014-01-01	65
Total participants	2014-01-01	65
Number of participants with account balances	2014-01-01	62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1
2013: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	67
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	56
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	12
Total of all active and inactive participants	2013-01-01	68
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	68
Number of participants with account balances	2013-01-01	63
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN

Measure	Date	Value
2022 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-449,907
Expenses. Total of all expenses incurred	2022-12-31	$47,397
Benefits paid (including direct rollovers)	2022-12-31	$46,781
Total plan assets at end of year	2022-12-31	$3,933,799
Total plan assets at beginning of year	2022-12-31	$4,431,103
Value of fidelity bond covering the plan	2022-12-31	$475,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$114,697
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-644,783
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-497,304
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$3,933,799
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$4,431,103
Assets. Value of participant loans	2022-12-31	$35,745
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$80,179
Value of certain deemed distributions of participant loans	2022-12-31	$47
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$569
2021 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$618,813
Expenses. Total of all expenses incurred	2021-12-31	$33,209
Benefits paid (including direct rollovers)	2021-12-31	$32,815
Total plan assets at end of year	2021-12-31	$4,431,103
Total plan assets at beginning of year	2021-12-31	$3,845,499
Value of fidelity bond covering the plan	2021-12-31	$475,000
Total contributions received or receivable from participants	2021-12-31	$146,678
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$383,301
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$585,604
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$4,431,103
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$3,845,499
Assets. Value of participant loans	2021-12-31	$45,737
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$88,834
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$394
2020 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$648,713
Expenses. Total of all expenses incurred	2020-12-31	$88,703
Benefits paid (including direct rollovers)	2020-12-31	$82,479
Total plan assets at end of year	2020-12-31	$3,845,499
Total plan assets at beginning of year	2020-12-31	$3,285,489
Value of fidelity bond covering the plan	2020-12-31	$150,000
Total contributions received or receivable from participants	2020-12-31	$119,911
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$456,947
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$560,010
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$3,845,499
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$3,285,489
Assets. Value of participant loans	2020-12-31	$36,839
Total contributions received or receivable from employer(s)	2020-12-31	$71,855
Value of certain deemed distributions of participant loans	2020-12-31	$5,880
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$344
2019 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$694,249
Expenses. Total of all expenses incurred	2019-12-31	$33,372
Benefits paid (including direct rollovers)	2019-12-31	$32,078
Total plan assets at end of year	2019-12-31	$3,285,489
Total plan assets at beginning of year	2019-12-31	$2,624,612
Value of fidelity bond covering the plan	2019-12-31	$150,000
Total contributions received or receivable from participants	2019-12-31	$130,300
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$490,777
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$660,877
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$3,285,489
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,624,612
Assets. Value of participant loans	2019-12-31	$55,434
Total contributions received or receivable from employer(s)	2019-12-31	$73,172
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$1,294
2018 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$76,509
Expenses. Total of all expenses incurred	2018-12-31	$56,768
Benefits paid (including direct rollovers)	2018-12-31	$54,667
Total plan assets at end of year	2018-12-31	$2,624,612
Total plan assets at beginning of year	2018-12-31	$2,604,871
Value of fidelity bond covering the plan	2018-12-31	$150,000
Total contributions received or receivable from participants	2018-12-31	$138,531
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-134,243
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$19,741
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,624,612
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,604,871
Assets. Value of participant loans	2018-12-31	$49,718
Total contributions received or receivable from employer(s)	2018-12-31	$72,221
Value of certain deemed distributions of participant loans	2018-12-31	$-5,668
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$7,769
2017 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$497,306
Expenses. Total of all expenses incurred	2017-12-31	$178,660
Benefits paid (including direct rollovers)	2017-12-31	$171,486
Total plan assets at end of year	2017-12-31	$2,604,871
Total plan assets at beginning of year	2017-12-31	$2,286,225
Value of fidelity bond covering the plan	2017-12-31	$150,000
Total contributions received or receivable from participants	2017-12-31	$120,789
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$308,264
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$318,646
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,604,871
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,286,225
Assets. Value of participant loans	2017-12-31	$34,202
Total contributions received or receivable from employer(s)	2017-12-31	$68,253
Value of certain deemed distributions of participant loans	2017-12-31	$5,668
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$1,506
2016 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$291,696
Expenses. Total of all expenses incurred	2016-12-31	$31,784
Benefits paid (including direct rollovers)	2016-12-31	$27,627
Total plan assets at end of year	2016-12-31	$2,286,225
Total plan assets at beginning of year	2016-12-31	$2,026,313
Value of fidelity bond covering the plan	2016-12-31	$150,000
Total contributions received or receivable from participants	2016-12-31	$95,804
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$13,307
Other income received	2016-12-31	$119,863
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$259,912
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,286,225
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,026,313
Assets. Value of participant loans	2016-12-31	$60,073
Total contributions received or receivable from employer(s)	2016-12-31	$62,722
Value of certain deemed distributions of participant loans	2016-12-31	$2,544
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$1,613
2015 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$126,792
Expenses. Total of all expenses incurred	2015-12-31	$220,495
Benefits paid (including direct rollovers)	2015-12-31	$219,320
Total plan assets at end of year	2015-12-31	$2,026,313
Total plan assets at beginning of year	2015-12-31	$2,120,016
Value of fidelity bond covering the plan	2015-12-31	$150,000
Total contributions received or receivable from participants	2015-12-31	$85,373
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	$-14,978
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$-93,703
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,026,313
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$2,120,016
Assets. Value of participant loans	2015-12-31	$33,452
Total contributions received or receivable from employer(s)	2015-12-31	$56,397
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$1,175
2014 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$236,237
Expenses. Total of all expenses incurred	2014-12-31	$119,513
Benefits paid (including direct rollovers)	2014-12-31	$112,358
Total plan assets at end of year	2014-12-31	$2,120,016
Total plan assets at beginning of year	2014-12-31	$2,003,292
Value of fidelity bond covering the plan	2014-12-31	$150,000
Total contributions received or receivable from participants	2014-12-31	$96,127
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	$74,297
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$116,724
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,120,016
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$2,003,292
Assets. Value of participant loans	2014-12-31	$84,465
Total contributions received or receivable from employer(s)	2014-12-31	$65,813
Value of certain deemed distributions of participant loans	2014-12-31	$6,292
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$863
2013 : WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$274,801
Expenses. Total of all expenses incurred	2013-12-31	$57,367
Benefits paid (including direct rollovers)	2013-12-31	$56,923
Total plan assets at end of year	2013-12-31	$2,003,292
Total plan assets at beginning of year	2013-12-31	$1,785,858
Value of fidelity bond covering the plan	2013-12-31	$150,000
Total contributions received or receivable from participants	2013-12-31	$69,779
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$157,960
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$217,434
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,003,292
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,785,858
Assets. Value of participant loans	2013-12-31	$67,695
Total contributions received or receivable from employer(s)	2013-12-31	$47,062
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$444

Form 5500 Responses for WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN

2022: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING 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 – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND PROFIT SHARING 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 – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND 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 – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: WATSON ELECTRIC COMPANY INC. SALARY DEFERRAL AND 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 – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	WATSON ELECTRIC COMPANY, INC.
Employer identification number (EIN):	560813450
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors