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J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 401k Plan overview

Plan NameJ&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST
Plan identification number 004

J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.
  • 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

J & M ELECTRIC, INC. has sponsored the creation of one or more 401k plans.

Company Name:J & M ELECTRIC, INC.
Employer identification number (EIN):911081223
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Additional information about J & M ELECTRIC, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 1979-12-10
Company Identification Number: 600342115
Legal Registered Office Address: 500 S LASCO LN STE 224

MOSES LAKE
United States of America (USA)
988370000

More information about J & M ELECTRIC, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042023-01-01
0042022-01-01
0042021-01-01
0042020-01-01
0042019-01-01
0042018-01-01
0042017-01-01
0042016-01-01CLAYTON LYNCH DON SWARTZ2017-04-13
0042015-01-01CLAYTON LYNCH DON SWARTZ2016-07-11
0042014-01-01CLAYTON LYNCH DON SWARTZ2015-07-01
0042013-01-01CLAYTON LYNCH DON SWARTZ2014-10-09
0042012-01-01CLAYTON LYNCH DON SWARTZ2013-09-25
0042011-01-01CLAYTON LYNCH DON SWARTZ2012-10-09

Plan Statistics for J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST

401k plan membership statisitcs for J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST

Measure Date Value
2016: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-019
Total number of active participants reported on line 7a of the Form 55002016-01-017
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-015
Total of all active and inactive participants2016-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0112
Number of participants with account balances2016-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-017
Total number of active participants reported on line 7a of the Form 55002015-01-013
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-016
Total of all active and inactive participants2015-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-019
Number of participants with account balances2015-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-018
Total number of active participants reported on line 7a of the Form 55002014-01-012
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-015
Total of all active and inactive participants2014-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-017
Number of participants with account balances2014-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-018
Total number of active participants reported on line 7a of the Form 55002013-01-018
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-018
Number of participants with account balances2013-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-019
Total number of active participants reported on line 7a of the Form 55002012-01-018
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-018
Number of participants with account balances2012-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0110
Total number of active participants reported on line 7a of the Form 55002011-01-019
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-019
Number of participants with account balances2011-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST

Measure Date Value
2016 : J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2016 401k financial data
Total income from all sources2016-12-31$15,178
Expenses. Total of all expenses incurred2016-12-31$37
Total plan assets at end of year2016-12-31$72,020
Total plan assets at beginning of year2016-12-31$56,879
Other income received2016-12-31$4,272
Net income (gross income less expenses)2016-12-31$15,141
Net plan assets at end of year (total assets less liabilities)2016-12-31$72,020
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$56,879
Total contributions received or receivable from employer(s)2016-12-31$10,906
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$37
2015 : J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2015 401k financial data
Total income from all sources2015-12-31$3,934
Expenses. Total of all expenses incurred2015-12-31$28
Total plan assets at end of year2015-12-31$56,879
Total plan assets at beginning of year2015-12-31$52,973
Other income received2015-12-31$-86
Net income (gross income less expenses)2015-12-31$3,906
Net plan assets at end of year (total assets less liabilities)2015-12-31$56,879
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$52,973
Total contributions received or receivable from employer(s)2015-12-31$4,020
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$28
2014 : J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2014 401k financial data
Total income from all sources2014-12-31$2,963
Expenses. Total of all expenses incurred2014-12-31$7,117
Benefits paid (including direct rollovers)2014-12-31$7,054
Total plan assets at end of year2014-12-31$52,973
Total plan assets at beginning of year2014-12-31$57,127
Other income received2014-12-31$2,963
Net income (gross income less expenses)2014-12-31$-4,154
Net plan assets at end of year (total assets less liabilities)2014-12-31$52,973
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$57,127
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$63
2013 : J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2013 401k financial data
Total income from all sources2013-12-31$9,068
Expenses. Total of all expenses incurred2013-12-31$74
Total plan assets at end of year2013-12-31$57,127
Total plan assets at beginning of year2013-12-31$48,133
Other income received2013-12-31$9,068
Net income (gross income less expenses)2013-12-31$8,994
Net plan assets at end of year (total assets less liabilities)2013-12-31$57,127
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$48,133
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$74
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2012 401k financial data
Total income from all sources2012-12-31$9,258
Expenses. Total of all expenses incurred2012-12-31$2,884
Benefits paid (including direct rollovers)2012-12-31$2,815
Total plan assets at end of year2012-12-31$48,133
Total plan assets at beginning of year2012-12-31$41,759
Other income received2012-12-31$4,780
Net income (gross income less expenses)2012-12-31$6,374
Net plan assets at end of year (total assets less liabilities)2012-12-31$48,133
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$41,759
Total contributions received or receivable from employer(s)2012-12-31$4,478
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$69
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$4,478
Amount contributed by the employer to the plan for this plan year2012-12-31$4,478
2011 : J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2011 401k financial data
Total income from all sources2011-12-31$6,566
Expenses. Total of all expenses incurred2011-12-31$1,877
Benefits paid (including direct rollovers)2011-12-31$1,823
Total plan assets at end of year2011-12-31$41,759
Total plan assets at beginning of year2011-12-31$37,070
Other income received2011-12-31$-1,038
Net income (gross income less expenses)2011-12-31$4,689
Net plan assets at end of year (total assets less liabilities)2011-12-31$41,759
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$37,070
Total contributions received or receivable from employer(s)2011-12-31$7,604
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$54
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$7,604
Amount contributed by the employer to the plan for this plan year2011-12-31$7,604
2010 : J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2010 401k financial data
Total income from all sources2010-12-31$10,562
Expenses. Total of all expenses incurred2010-12-31$23,605
Benefits paid (including direct rollovers)2010-12-31$23,573
Total plan assets at end of year2010-12-31$37,070
Total plan assets at beginning of year2010-12-31$50,113
Other income received2010-12-31$5,068
Net income (gross income less expenses)2010-12-31$-13,043
Net plan assets at end of year (total assets less liabilities)2010-12-31$37,070
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$50,113
Total contributions received or receivable from employer(s)2010-12-31$5,494
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$32
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$5,494
Amount contributed by the employer to the plan for this plan year2010-12-31$5,494

Form 5500 Responses for J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST

2016: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: J&M ELECTRIC, INC. DAVIS-BACON PENSION PLAN & TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number79204
Policy instance 1
Insurance contract or identification number79204
Number of Individuals Covered10
Insurance policy start date2016-01-01
Insurance policy end date2016-12-31
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractALLOCATED FULLY INSURED ANNUITY
Additional information about fees paid to insurance broker3
Insurance broker namePAUL SASICH
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number79204
Policy instance 1
Insurance contract or identification number79204
Number of Individuals Covered10
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractALLOCATED FULLY INSURED ANNUITY
Additional information about fees paid to insurance broker3
Insurance broker namePAUL SASICH
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number79204
Policy instance 1
Insurance contract or identification number79204
Number of Individuals Covered10
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractALLOCATED FULLY INSURED ANNUITY
Additional information about fees paid to insurance broker3
Insurance broker namePAUL SASICH
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number79204
Policy instance 1
Insurance contract or identification number79204
Number of Individuals Covered10
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractALLOCATED FULLY INSURED ANNUITY
Additional information about fees paid to insurance broker3
Insurance broker namePAUL SASICH
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number79204
Policy instance 1
Insurance contract or identification number79204
Number of Individuals Covered10
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractALLOCATED FULLY INSURED ANNUITY
Additional information about fees paid to insurance broker3
Insurance broker namePAUL SASICH
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number79204
Policy instance 1
Insurance contract or identification number79204
Number of Individuals Covered10
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractALLOCATED FULLY INSURED ANNUITY
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number79204
Policy instance 1
Insurance contract or identification number79204
Number of Individuals Covered16
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractALLOCATED FULLY INSURED ANNUITY
Insurance broker organization code?3
Insurance broker namePAUL SASICH

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