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POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN 401k Plan overview

Plan NamePOWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN
Plan identification number 001

POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

POWER & INDUSTRIAL AIR SYSTEMS INC has sponsored the creation of one or more 401k plans.

Company Name:POWER & INDUSTRIAL AIR SYSTEMS INC
Employer identification number (EIN):260003434
NAIC Classification:423800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01KEVIN MAYDICK2023-03-14 KEVIN MAYDICK2023-03-14
0012021-01-01KEVIN MAYDICK2022-02-27 KEVIN MAYDICK2022-02-27
0012020-01-01KEVIN MAYDICK2021-02-21 KEVIN MAYDICK2021-02-21
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01KEVIN MAYDICK2013-02-24
0012011-01-01KEVIN J MAYDICK KEVIN J MAYDICK2012-04-18
0012009-01-01KEVIN J MAYDICK KEVIN J MAYDICK2010-02-15

Plan Statistics for POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN

401k plan membership statisitcs for POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN

Measure Date Value
2011: POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-014
Total number of active participants reported on line 7a of the Form 55002011-01-014
Total of all active and inactive participants2011-01-014
Total participants2011-01-014
Number of participants with account balances2011-01-014
2009: POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-014
Total number of active participants reported on line 7a of the Form 55002009-01-014
Total of all active and inactive participants2009-01-014
Total participants2009-01-014
Number of participants with account balances2009-01-014

Financial Data on POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN

Measure Date Value
2011 : POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$147,937
Total plan assets at end of year2011-12-31$1,990,981
Total plan assets at beginning of year2011-12-31$1,843,044
Value of fidelity bond covering the plan2011-12-31$250,000
Other income received2011-12-31$45,417
Net income (gross income less expenses)2011-12-31$147,937
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,990,981
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,843,044
Total contributions received or receivable from employer(s)2011-12-31$102,520
2010 : POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$337,022
Expenses. Total of all expenses incurred2010-12-31$3
Total plan assets at end of year2010-12-31$1,843,044
Total plan assets at beginning of year2010-12-31$1,506,025
Value of fidelity bond covering the plan2010-12-31$250,000
Other income received2010-12-31$235,174
Net income (gross income less expenses)2010-12-31$337,019
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,843,044
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,506,025
Total contributions received or receivable from employer(s)2010-12-31$101,848
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$3

Form 5500 Responses for POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN

2011: POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: POWER & INDUSTRIAL AIR SYSTEMS INC PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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