401k Plan data: ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN plan

ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN 401k Plan overview

Plan Name	ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN
Plan identification number	001

ELECTRIC MOTOR SHOP, INC. RETIREMENT 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ELECTRIC MOTOR SHOP, INC. has sponsored the creation of one or more 401k plans.

Company Name: ELECTRIC MOTOR SHOP, INC.

Employer identification number (EIN): 941536412

NAIC Classification: 423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 SUSAN CROSNO 2018-07-16 SUSAN CROSNO 2018-07-16
001 2016-01-01 SUSAN CROSNO 2018-07-27 SUSAN CROSNO 2018-07-27
001 2015-01-01 SUSAN CROSNO 2016-07-19 SUSAN CROSNO 2016-07-19
001 2014-01-01 SUSAN CROSNO 2015-05-29 SUSAN CROSNO 2015-05-29
001 2013-01-01 SUSAN CROSNO 2014-07-17 SUSAN CROSNO 2014-07-17
001 2012-01-01 SUSAN CROSNO 2013-03-05 SUSAN CROSNO 2013-03-05
001 2011-01-01 SUSAN CROSNO 2012-03-16 SUSAN CROSNO 2012-03-16
001 2010-01-01 SUSAN CROSNO 2011-02-16 SUSAN CROSNO 2011-02-16
001 2008-01-01 SUSAN CROSNO

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	SUSAN CROSNO	2018-07-16	SUSAN CROSNO	2018-07-16
001	2016-01-01	SUSAN CROSNO	2018-07-27	SUSAN CROSNO	2018-07-27
001	2015-01-01	SUSAN CROSNO	2016-07-19	SUSAN CROSNO	2016-07-19
001	2014-01-01	SUSAN CROSNO	2015-05-29	SUSAN CROSNO	2015-05-29
001	2013-01-01	SUSAN CROSNO	2014-07-17	SUSAN CROSNO	2014-07-17
001	2012-01-01	SUSAN CROSNO	2013-03-05	SUSAN CROSNO	2013-03-05
001	2011-01-01	SUSAN CROSNO	2012-03-16	SUSAN CROSNO	2012-03-16
001	2010-01-01	SUSAN CROSNO	2011-02-16	SUSAN CROSNO	2011-02-16
001	2008-01-01	SUSAN CROSNO

Plan Statistics for ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN

401k plan membership statisitcs for ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN

Measure Date Value
2008: ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN 2008 401k membership
Total participants, beginning-of-year 2008-01-01 99
Total number of active participants reported on line 7a of the Form 5500 2008-01-01 89
Number of other retired or separated participants entitled to future benefits 2008-01-01 11
Total of all active and inactive participants 2008-01-01 100
Total participants 2008-01-01 100
Number of participants with account balances 2008-01-01 76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2008-01-01 1

Measure	Date	Value
2008: ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN 2008 401k membership
Total participants, beginning-of-year	2008-01-01	99
Total number of active participants reported on line 7a of the Form 5500	2008-01-01	89
Number of other retired or separated participants entitled to future benefits	2008-01-01	11
Total of all active and inactive participants	2008-01-01	100
Total participants	2008-01-01	100
Number of participants with account balances	2008-01-01	76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2008-01-01	1

Financial Data on ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN

Measure	Date	Value
2008 : ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN 2008 401k financial data
Total income from all sources	2008-12-31	$-340,972
Expenses. Total of all expenses incurred	2008-12-31	$104,747
Benefits paid (including direct rollovers)	2008-12-31	$103,581
Total plan assets at end of year	2008-12-31	$2,561,697
Total plan assets at beginning of year	2008-12-31	$3,007,416
Value of fidelity bond covering the plan	2008-12-31	$100,000
Total contributions received or receivable from participants	2008-12-31	$241,365
Expenses. Other expenses not covered elsewhere	2008-12-31	$1,166
Other income received	2008-12-31	$-728,740
Net income (gross income less expenses)	2008-12-31	$-445,719
Net plan assets at end of year (total assets less liabilities)	2008-12-31	$2,561,697
Net plan assets at beginning of year (total assets less liabilities)	2008-12-31	$3,007,416
Assets. Value of participant loans	2008-12-31	$139,103
Total contributions received or receivable from employer(s)	2008-12-31	$146,403

Form 5500 Responses for ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN

2008: ELECTRIC MOTOR SHOP, INC. RETIREMENT PLAN 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	Yes
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No
2008-01-01	Plan funding arrangement – Insurance	Yes
2008-01-01	Plan funding arrangement – Trust	Yes
2008-01-01	Plan benefit arrangement – Insurance	Yes
2008-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

407792

Policy instance

Insurance contract or identification number	407792
Number of Individuals Covered	100
Insurance policy start date	2008-01-01
Insurance policy end date	2008-12-31
Total amount of commissions paid to insurance broker	USD $6,151
Total amount of fees paid to insurance company	USD $194
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	ELECTRIC MOTOR SHOP, INC.
Employer identification number (EIN):	941536412
NAIC Classification:	423600