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ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN 401k Plan overview

Plan NameENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN
Plan identification number 001

ENGINEERED EQUIPMENT SAVINGS INCENTIVE 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.
  • 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.
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • 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.
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

ENGINEERED EQUIPMENT INC. has sponsored the creation of one or more 401k plans.

Company Name:ENGINEERED EQUIPMENT INC.
Employer identification number (EIN):731603343
NAIC Classification:238220
NAIC Description:Plumbing, Heating, and Air-Conditioning Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01MARK BRADSHAW2022-07-15
0012020-01-01MARK BRADSHAW2021-07-29
0012019-01-01MARK BRADSHAW2020-07-16
0012018-01-01MARK BRADSHAW2019-06-27
0012017-01-01MARK BRADSHAW2018-07-19
0012016-01-01MARK BRADSHAW2017-07-18
0012016-01-01MARK BRADSHAW2018-07-19
0012015-01-01MARK BRADSHAW2016-06-15
0012014-01-01MARK BRADSHAW2015-06-23
0012013-01-01MARK BRADSHAW2014-08-11
0012012-01-01MARK BRADSHAW2013-07-16
0012011-01-01MARK BRADSHAW2012-09-24
0012010-01-01MARK BRADSHAW2011-06-14

Plan Statistics for ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN

401k plan membership statisitcs for ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN

Measure Date Value
2022: ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0146
Total number of active participants reported on line 7a of the Form 55002022-01-0139
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0139
Number of participants with account balances2022-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011

Financial Data on ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN

Measure Date Value
2023 : ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$683
Total plan liabilities at beginning of year2023-12-31$7,351,249
Total income from all sources2023-12-31$7,672,144
Expenses. Total of all expenses incurred2023-12-31$173,435
Benefits paid (including direct rollovers)2023-12-31$0
Total plan assets at end of year2023-12-31$13,053,134
Total plan assets at beginning of year2023-12-31$12,904,991
Value of fidelity bond covering the plan2023-12-31$1,000,000
Total contributions received or receivable from participants2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$173,435
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$7,672,144
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$7,498,709
Net plan assets at end of year (total assets less liabilities)2023-12-31$13,052,451
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$5,553,742
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2023-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2023-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022023-12-31$0
Assets. Value of employer securities2023-12-31$0
Total contributions received or receivable from employer(s)2023-12-31$0
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$0
2022 : ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$7,351,249
Total plan liabilities at beginning of year2022-12-31$7,676,002
Total income from all sources2022-12-31$1,456,167
Expenses. Total of all expenses incurred2022-12-31$367,106
Benefits paid (including direct rollovers)2022-12-31$185,807
Total plan assets at end of year2022-12-31$12,904,991
Total plan assets at beginning of year2022-12-31$12,140,683
Value of fidelity bond covering the plan2022-12-31$1,000,000
Total contributions received or receivable from participants2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$181,299
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$940,694
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$1,089,061
Net plan assets at end of year (total assets less liabilities)2022-12-31$5,553,742
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$4,464,681
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2022-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2022-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022022-12-31$0
Assets. Value of employer securities2022-12-31$12,540,000
Total contributions received or receivable from employer(s)2022-12-31$515,473
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$0

Form 5500 Responses for ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN

2022: ENGINEERED EQUIPMENT SAVINGS INCENTIVE PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes

Potentially related plans

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