401k Plan data: WOOD GROUP PSN, INC. 401(K) PLAN plan

WOOD GROUP PSN, INC. 401(K) PLAN 401k Plan overview

Plan Name	WOOD GROUP PSN, INC. 401(K) PLAN
Plan identification number	001

WOOD GROUP PSN, INC. 401(K) 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PSN USA HOLDINGS INC has sponsored the creation of one or more 401k plans.

Company Name: PSN USA HOLDINGS INC

Employer identification number (EIN): 261316887

Additional information about PSN USA HOLDINGS INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 4446330

More information about PSN USA HOLDINGS INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WOOD GROUP PSN, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2013-01-01 GLEN WALLOCH GLEN WALLOCH 2014-10-09
001 2012-01-01 GLEN WALLOCH GLEN WALLOCH 2013-10-25
001 2011-01-01 RODNEY SMITH RODNEY SMITH 2012-10-11
001 2010-01-01 ROD SMITH ROD SMITH 2011-10-17
001 2009-01-01 ROD SMITH
001 2008-01-01
001 2008-01-01

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2013-01-01	GLEN WALLOCH	GLEN WALLOCH	2014-10-09
001	2012-01-01	GLEN WALLOCH	GLEN WALLOCH	2013-10-25
001	2011-01-01	RODNEY SMITH	RODNEY SMITH	2012-10-11
001	2010-01-01	ROD SMITH	ROD SMITH	2011-10-17
001	2009-01-01	ROD SMITH
001	2008-01-01
001	2008-01-01

Plan Statistics for WOOD GROUP PSN, INC. 401(K) PLAN

401k plan membership statisitcs for WOOD GROUP PSN, INC. 401(K) PLAN

Measure Date Value
2013: WOOD GROUP PSN, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 1,067
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 581
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 161
Total of all active and inactive participants 2013-01-01 742
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 1
Total participants 2013-01-01 743
Number of participants with account balances 2013-01-01 467
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 57
2012: WOOD GROUP PSN, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 1,129
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 820
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 119
Total of all active and inactive participants 2012-01-01 939
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 2
Total participants 2012-01-01 941
Number of participants with account balances 2012-01-01 603
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 57
2011: WOOD GROUP PSN, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1,118
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 919
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 121
Total of all active and inactive participants 2011-01-01 1,040
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 2
Total participants 2011-01-01 1,042
Number of participants with account balances 2011-01-01 628
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 22
2010: WOOD GROUP PSN, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 1,243
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 1,181
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 140
Total of all active and inactive participants 2010-01-01 1,321
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 1
Total participants 2010-01-01 1,322
Number of participants with account balances 2010-01-01 632
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 122
2009: WOOD GROUP PSN, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 1,393
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 1,111
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 260
Total of all active and inactive participants 2009-01-01 1,371
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 1,371
Number of participants with account balances 2009-01-01 747
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 202

Measure	Date	Value
2013: WOOD GROUP PSN, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	1,067
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	581
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	161
Total of all active and inactive participants	2013-01-01	742
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	1
Total participants	2013-01-01	743
Number of participants with account balances	2013-01-01	467
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	57
2012: WOOD GROUP PSN, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	1,129
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	820
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	119
Total of all active and inactive participants	2012-01-01	939
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	2
Total participants	2012-01-01	941
Number of participants with account balances	2012-01-01	603
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	57
2011: WOOD GROUP PSN, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1,118
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	919
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	121
Total of all active and inactive participants	2011-01-01	1,040
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	2
Total participants	2011-01-01	1,042
Number of participants with account balances	2011-01-01	628
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	22
2010: WOOD GROUP PSN, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	1,243
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	1,181
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	140
Total of all active and inactive participants	2010-01-01	1,321
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	1
Total participants	2010-01-01	1,322
Number of participants with account balances	2010-01-01	632
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	122
2009: WOOD GROUP PSN, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	1,393
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	1,111
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	260
Total of all active and inactive participants	2009-01-01	1,371
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	1,371
Number of participants with account balances	2009-01-01	747
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	202

Financial Data on WOOD GROUP PSN, INC. 401(K) PLAN

Measure	Date	Value
2013 : WOOD GROUP PSN, INC. 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets	2013-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$71,698
Total unrealized appreciation/depreciation of assets	2013-12-31	$71,698
Total transfer of assets to this plan	2013-12-31	$245,171
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$8,723,758
Total loss/gain on sale of assets	2013-12-31	$36,076
Total of all expenses incurred	2013-12-31	$12,748,713
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$12,723,027
Expenses. Certain deemed distributions of participant loans	2013-12-31	$0
Value of total corrective distributions	2013-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$3,381,336
Value of total assets at end of year	2013-12-31	$32,400,376
Value of total assets at beginning of year	2013-12-31	$36,180,160
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$25,686
Total income from rents	2013-12-31	$0
Total interest from all sources	2013-12-31	$274,108
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$289,975
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$287,052
Administrative expenses professional fees incurred	2013-12-31	$0
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Amount of non-exempt transactions with any party-in-interest	2013-12-31	$0
Contributions received from participants	2013-12-31	$2,046,813
Participant contributions at end of year	2013-12-31	$1,014,755
Participant contributions at beginning of year	2013-12-31	$1,713,271
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$124,914
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2013-12-31	$262
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$0
Other income not declared elsewhere	2013-12-31	$185
Administrative expenses (other) incurred	2013-12-31	$0
Liabilities. Value of operating payables at beginning of year	2013-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$-4,024,955
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$32,400,376
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$36,180,160
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2013-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2013-12-31	$0
Investment advisory and management fees	2013-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$23,720,930
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$24,348,231
Interest on participant loans	2013-12-31	$69,366
Income. Interest from loans (other than to participants)	2013-12-31	$0
Interest earned on other investments	2013-12-31	$204,742
Income. Interest from US Government securities	2013-12-31	$0
Income. Interest from corporate debt instruments	2013-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$7,435,816
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$9,836,054
Expenses. Payments to insurance carriers foe the provision of benefits	2013-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$4,670,380
Net investment gain/loss from pooled separate accounts	2013-12-31	$0
Net investment gain or loss from common/collective trusts	2013-12-31	$0
Net gain/loss from 103.12 investment entities	2013-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$1,209,609
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$0
Income. Dividends from preferred stock	2013-12-31	$0
Income. Dividends from common stock	2013-12-31	$2,923
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$12,722,765
Contract administrator fees	2013-12-31	$25,686
Assets. Corporate common stocks other than exployer securities at end of year	2013-12-31	$228,875
Assets. Corporate common stocks other than exployer securities at beginning of year	2013-12-31	$282,604
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$0
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$165,954
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$129,878
Liabilities. Value of acquisition indebtedness at beginning of year	2013-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	WHITTLESEY & HADLEY, P.C.
Accountancy firm EIN	2013-12-31	060903326
2012 : WOOD GROUP PSN, INC. 401(K) PLAN 2012 401k financial data
Unrealized appreciation/depreciation of real estate assets	2012-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$1,888
Total unrealized appreciation/depreciation of assets	2012-12-31	$1,888
Total transfer of assets to this plan	2012-12-31	$0
Total transfer of assets from this plan	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$7,717,384
Total loss/gain on sale of assets	2012-12-31	$-4,622
Total of all expenses incurred	2012-12-31	$4,721,336
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$4,697,346
Expenses. Certain deemed distributions of participant loans	2012-12-31	$0
Value of total corrective distributions	2012-12-31	$6,285
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$4,362,315
Value of total assets at end of year	2012-12-31	$36,180,160
Value of total assets at beginning of year	2012-12-31	$33,184,112
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$17,705
Total income from rents	2012-12-31	$0
Total interest from all sources	2012-12-31	$299,975
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$382,918
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$379,709
Administrative expenses professional fees incurred	2012-12-31	$0
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Amount of non-exempt transactions with any party-in-interest	2012-12-31	$0
Contributions received from participants	2012-12-31	$2,713,812
Participant contributions at end of year	2012-12-31	$1,713,271
Participant contributions at beginning of year	2012-12-31	$1,481,787
Participant contributions at end of year	2012-12-31	$0
Participant contributions at beginning of year	2012-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$67,243
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2012-12-31	$1,895
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$0
Other income not declared elsewhere	2012-12-31	$1,685
Administrative expenses (other) incurred	2012-12-31	$0
Liabilities. Value of operating payables at beginning of year	2012-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$2,996,048
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$36,180,160
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$33,184,112
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2012-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2012-12-31	$0
Investment advisory and management fees	2012-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$24,348,231
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$21,528,834
Interest on participant loans	2012-12-31	$84,326
Income. Interest from loans (other than to participants)	2012-12-31	$0
Interest earned on other investments	2012-12-31	$215,649
Income. Interest from US Government securities	2012-12-31	$0
Income. Interest from corporate debt instruments	2012-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$9,836,054
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$9,813,015
Expenses. Payments to insurance carriers foe the provision of benefits	2012-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$2,673,225
Net investment gain/loss from pooled separate accounts	2012-12-31	$0
Net investment gain or loss from common/collective trusts	2012-12-31	$0
Net gain/loss from 103.12 investment entities	2012-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$1,581,260
Employer contributions (assets) at end of year	2012-12-31	$0
Employer contributions (assets) at beginning of year	2012-12-31	$0
Income. Dividends from preferred stock	2012-12-31	$0
Income. Dividends from common stock	2012-12-31	$3,209
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$4,695,451
Contract administrator fees	2012-12-31	$17,705
Assets. Corporate common stocks other than exployer securities at end of year	2012-12-31	$282,604
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-12-31	$360,476
Liabilities. Value of benefit claims payable at beginning of year	2012-12-31	$0
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$79,587
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$84,209
Liabilities. Value of acquisition indebtedness at beginning of year	2012-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	WHITTLESEY & HADLEY, P.C.
Accountancy firm EIN	2012-12-31	060903326
2011 : WOOD GROUP PSN, INC. 401(K) PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets	2011-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-65,966
Total unrealized appreciation/depreciation of assets	2011-12-31	$-65,966
Total transfer of assets to this plan	2011-12-31	$8,089
Total transfer of assets from this plan	2011-12-31	$10,038
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$4,394,072
Total loss/gain on sale of assets	2011-12-31	$6,965
Total of all expenses incurred	2011-12-31	$4,365,276
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$4,341,778
Expenses. Certain deemed distributions of participant loans	2011-12-31	$0
Value of total corrective distributions	2011-12-31	$10,267
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$4,493,539
Value of total assets at end of year	2011-12-31	$33,184,112
Value of total assets at beginning of year	2011-12-31	$33,157,265
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$13,231
Total income from rents	2011-12-31	$0
Total interest from all sources	2011-12-31	$317,932
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$321,456
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$317,171
Administrative expenses professional fees incurred	2011-12-31	$0
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Amount of non-exempt transactions with any party-in-interest	2011-12-31	$0
Contributions received from participants	2011-12-31	$2,720,480
Participant contributions at end of year	2011-12-31	$1,481,787
Participant contributions at beginning of year	2011-12-31	$1,417,678
Participant contributions at end of year	2011-12-31	$0
Participant contributions at beginning of year	2011-12-31	$4,461
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$123,032
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2011-12-31	$72
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$0
Other income not declared elsewhere	2011-12-31	$7,825
Administrative expenses (other) incurred	2011-12-31	$0
Liabilities. Value of operating payables at beginning of year	2011-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$28,796
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$33,184,112
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$33,157,265
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2011-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2011-12-31	$0
Investment advisory and management fees	2011-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$21,528,834
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$23,285,000
Interest on participant loans	2011-12-31	$80,632
Income. Interest from loans (other than to participants)	2011-12-31	$0
Interest earned on other investments	2011-12-31	$237,300
Income. Interest from US Government securities	2011-12-31	$0
Income. Interest from corporate debt instruments	2011-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$9,813,015
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$7,900,045
Expenses. Payments to insurance carriers foe the provision of benefits	2011-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-687,679
Net investment gain/loss from pooled separate accounts	2011-12-31	$0
Net investment gain or loss from common/collective trusts	2011-12-31	$0
Net gain/loss from 103.12 investment entities	2011-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$1,650,027
Employer contributions (assets) at end of year	2011-12-31	$0
Employer contributions (assets) at beginning of year	2011-12-31	$3,351
Income. Dividends from preferred stock	2011-12-31	$0
Income. Dividends from common stock	2011-12-31	$4,285
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$4,341,706
Contract administrator fees	2011-12-31	$13,231
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$360,476
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$546,730
Liabilities. Value of benefit claims payable at beginning of year	2011-12-31	$0
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$132,152
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$125,187
Liabilities. Value of acquisition indebtedness at beginning of year	2011-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	WHITTLESEY & HADLEY, P.C.
Accountancy firm EIN	2011-12-31	060903326
2010 : WOOD GROUP PSN, INC. 401(K) PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets	2010-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$143,387
Total unrealized appreciation/depreciation of assets	2010-12-31	$143,387
Total transfer of assets to this plan	2010-12-31	$0
Total transfer of assets from this plan	2010-12-31	$234,505
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$8,430,257
Total loss/gain on sale of assets	2010-12-31	$10,219
Total of all expenses incurred	2010-12-31	$8,486,325
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$8,460,318
Expenses. Certain deemed distributions of participant loans	2010-12-31	$0
Value of total corrective distributions	2010-12-31	$11,702
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$4,677,914
Value of total assets at end of year	2010-12-31	$33,157,265
Value of total assets at beginning of year	2010-12-31	$33,447,838
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$14,305
Total income from rents	2010-12-31	$0
Total interest from all sources	2010-12-31	$310,621
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$303,760
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$297,838
Administrative expenses professional fees incurred	2010-12-31	$0
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Amount of non-exempt transactions with any party-in-interest	2010-12-31	$0
Contributions received from participants	2010-12-31	$2,658,852
Participant contributions at end of year	2010-12-31	$1,417,678
Participant contributions at beginning of year	2010-12-31	$1,543,721
Participant contributions at end of year	2010-12-31	$4,461
Participant contributions at beginning of year	2010-12-31	$110,008
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$330,457
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2010-12-31	$4,382
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$0
Other income not declared elsewhere	2010-12-31	$15
Administrative expenses (other) incurred	2010-12-31	$0
Liabilities. Value of operating payables at beginning of year	2010-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$-56,068
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$33,157,265
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$33,447,838
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2010-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2010-12-31	$0
Investment advisory and management fees	2010-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$23,285,000
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$22,831,957
Interest on participant loans	2010-12-31	$81,955
Income. Interest from loans (other than to participants)	2010-12-31	$0
Interest earned on other investments	2010-12-31	$228,666
Income. Interest from US Government securities	2010-12-31	$0
Income. Interest from corporate debt instruments	2010-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$7,900,045
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$8,231,221
Expenses. Payments to insurance carriers foe the provision of benefits	2010-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$2,984,341
Net investment gain/loss from pooled separate accounts	2010-12-31	$0
Net investment gain or loss from common/collective trusts	2010-12-31	$0
Net gain/loss from 103.12 investment entities	2010-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Assets. Invements in employer securities at end of year	2010-12-31	$546,730
Assets. Invements in employer securities at beginning of year	2010-12-31	$619,641
Contributions received in cash from employer	2010-12-31	$1,688,605
Employer contributions (assets) at end of year	2010-12-31	$3,351
Employer contributions (assets) at beginning of year	2010-12-31	$111,290
Income. Dividends from preferred stock	2010-12-31	$0
Income. Dividends from common stock	2010-12-31	$5,922
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$8,455,936
Contract administrator fees	2010-12-31	$14,305
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$0
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$233,133
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$222,914
Liabilities. Value of acquisition indebtedness at beginning of year	2010-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	WHITTLESEY & HADLEY, P.C.
Accountancy firm EIN	2010-12-31	060903326
2009 : WOOD GROUP PSN, INC. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for WOOD GROUP PSN, INC. 401(K) PLAN

2013: WOOD GROUP PSN, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
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 – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: WOOD GROUP PSN, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	Yes
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: WOOD GROUP PSN, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: WOOD GROUP PSN, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: WOOD GROUP PSN, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes
2008: WOOD GROUP PSN, INC. 401(K) PLAN 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	No
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

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Company Name:	PSN USA HOLDINGS INC
Employer identification number (EIN):	261316887

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	4446330