PRECISION MATERIALS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC
| Measure | Date | Value |
|---|
| 2024 : GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2024 401k financial data |
|---|
| Total plan liabilities at end of year | 2024-01-01 | $57,342 |
| Total plan liabilities at beginning of year | 2024-01-01 | $52,803 |
| Total income from all sources | 2024-01-01 | $691,840 |
| Expenses. Total of all expenses incurred | 2024-01-01 | $598,396 |
| Benefits paid (including direct rollovers) | 2024-01-01 | $356,114 |
| Total plan assets at end of year | 2024-01-01 | $144,116 |
| Total plan assets at beginning of year | 2024-01-01 | $46,133 |
| Value of fidelity bond covering the plan | 2024-01-01 | $500,000 |
| Total contributions received or receivable from participants | 2024-01-01 | $17,783 |
| Expenses. Other expenses not covered elsewhere | 2024-01-01 | $219,727 |
| Contributions received from other sources (not participants or employers) | 2024-01-01 | $0 |
| Other income received | 2024-01-01 | $2,463 |
| Net income (gross income less expenses) | 2024-01-01 | $93,444 |
| Net plan assets at end of year (total assets less liabilities) | 2024-01-01 | $86,774 |
| Net plan assets at beginning of year (total assets less liabilities) | 2024-01-01 | $-6,670 |
| Total contributions received or receivable from employer(s) | 2024-01-01 | $671,594 |
| Value of corrective distributions | 2024-01-01 | $12,915 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2024-01-01 | $9,640 |
| 2023 : GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-12-31 | $52,803 |
| Total plan liabilities at beginning of year | 2023-12-31 | $268,396 |
| Total income from all sources | 2023-12-31 | $715,879 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $579,850 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $322,905 |
| Total plan assets at end of year | 2023-12-31 | $46,133 |
| Total plan assets at beginning of year | 2023-12-31 | $125,697 |
| Value of fidelity bond covering the plan | 2023-12-31 | $5,000 |
| Total contributions received or receivable from participants | 2023-12-31 | $17,793 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $222,613 |
| Contributions received from other sources (not participants or employers) | 2023-12-31 | $0 |
| Other income received | 2023-12-31 | $1,433 |
| Net income (gross income less expenses) | 2023-12-31 | $136,029 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $-6,670 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $-142,699 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $696,653 |
| Value of corrective distributions | 2023-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $34,332 |
| 2022 : GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-12-31 | $268,396 |
| Total plan liabilities at beginning of year | 2022-12-31 | $160,624 |
| Total income from all sources | 2022-12-31 | $633,984 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $616,059 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $362,648 |
| Total plan assets at end of year | 2022-12-31 | $125,697 |
| Total plan assets at beginning of year | 2022-12-31 | $0 |
| Value of fidelity bond covering the plan | 2022-12-31 | $5,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $5,716 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $222,874 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $0 |
| Noncash contributions received | 2022-12-31 | $0 |
| Net income (gross income less expenses) | 2022-12-31 | $17,925 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $-142,699 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $-160,624 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $628,268 |
| Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of corrective distributions | 2022-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $30,537 |
| 2021 : GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2021 401k financial data |
|---|
| Total plan liabilities at end of year | 2021-12-31 | $160,624 |
| Total plan liabilities at beginning of year | 2021-12-31 | $21,629 |
| Total income from all sources | 2021-12-31 | $485,113 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $625,711 |
| Benefits paid (including direct rollovers) | 2021-12-31 | $384,051 |
| Total plan assets at end of year | 2021-12-31 | $0 |
| Total plan assets at beginning of year | 2021-12-31 | $1,603 |
| Value of fidelity bond covering the plan | 2021-12-31 | $5,000 |
| Total contributions received or receivable from participants | 2021-12-31 | $40,389 |
| Expenses. Other expenses not covered elsewhere | 2021-12-31 | $206,802 |
| Contributions received from other sources (not participants or employers) | 2021-12-31 | $2,998 |
| Net income (gross income less expenses) | 2021-12-31 | $-140,598 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $-160,624 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $-20,026 |
| Total contributions received or receivable from employer(s) | 2021-12-31 | $441,726 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $34,858 |
| 2020 : GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2020 401k financial data |
|---|
| Total plan liabilities at end of year | 2020-12-31 | $21,629 |
| Total plan liabilities at beginning of year | 2020-12-31 | $0 |
| Total income from all sources | 2020-12-31 | $423,576 |
| Expenses. Total of all expenses incurred | 2020-12-31 | $460,524 |
| Benefits paid (including direct rollovers) | 2020-12-31 | $255,238 |
| Total plan assets at end of year | 2020-12-31 | $1,603 |
| Total plan assets at beginning of year | 2020-12-31 | $16,922 |
| Total contributions received or receivable from participants | 2020-12-31 | $1,692 |
| Expenses. Other expenses not covered elsewhere | 2020-12-31 | $171,889 |
| Contributions received from other sources (not participants or employers) | 2020-12-31 | $407,658 |
| Net income (gross income less expenses) | 2020-12-31 | $-36,948 |
| Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $-20,026 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $16,922 |
| Total contributions received or receivable from employer(s) | 2020-12-31 | $14,226 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $33,397 |
| 2019 : GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2019 401k financial data |
|---|
| Total income from all sources | 2019-12-31 | $32,650 |
| Expenses. Total of all expenses incurred | 2019-12-31 | $15,728 |
| Total plan assets at end of year | 2019-12-31 | $16,922 |
| Total plan assets at beginning of year | 2019-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2019-12-31 | $15,728 |
| Net income (gross income less expenses) | 2019-12-31 | $16,922 |
| Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $16,922 |
| Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2019-12-31 | $32,650 |
| 2023: GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | Submission has been amended | No |
| 2023-01-01 | This submission is the final filing | No |
| 2023-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2023-01-01 | Plan is a collectively bargained plan | No |
| 2023-01-01 | Plan funding arrangement – Insurance | Yes |
| 2023-01-01 | Plan funding arrangement – Trust | Yes |
| 2023-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2023-01-01 | Plan benefit arrangement - Trust | Yes |
| 2022: GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2022 form 5500 responses |
|---|
| 2022-01-01 | Type of plan entity | Single employer plan |
| 2022-01-01 | Submission has been amended | No |
| 2022-01-01 | This submission is the final filing | No |
| 2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-01-01 | Plan is a collectively bargained plan | No |
| 2022-01-01 | Plan funding arrangement – Insurance | Yes |
| 2022-01-01 | Plan funding arrangement – Trust | Yes |
| 2022-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2022-01-01 | Plan benefit arrangement - Trust | Yes |
| 2021: GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2021 form 5500 responses |
|---|
| 2021-01-01 | Type of plan entity | Single employer plan |
| 2021-01-01 | Submission has been amended | No |
| 2021-01-01 | This submission is the final filing | No |
| 2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-01-01 | Plan is a collectively bargained plan | No |
| 2021-01-01 | Plan funding arrangement – Insurance | Yes |
| 2021-01-01 | Plan funding arrangement – Trust | Yes |
| 2021-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2021-01-01 | Plan benefit arrangement - Trust | Yes |
| 2020: GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2020 form 5500 responses |
|---|
| 2020-01-01 | Type of plan entity | Single employer plan |
| 2020-01-01 | Submission has been amended | No |
| 2020-01-01 | This submission is the final filing | No |
| 2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2020-01-01 | Plan is a collectively bargained plan | No |
| 2020-01-01 | Plan funding arrangement – Insurance | Yes |
| 2020-01-01 | Plan funding arrangement – Trust | Yes |
| 2020-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2020-01-01 | Plan benefit arrangement - Trust | Yes |
| 2019: GROUP HEALTH PLAN FOR EMPLOYEES OF PRECISION MATERIALS, LLC 2019 form 5500 responses |
|---|
| 2019-12-01 | Type of plan entity | Single employer plan |
| 2019-12-01 | First time form 5500 has been submitted | Yes |
| 2019-12-01 | Submission has been amended | No |
| 2019-12-01 | This submission is the final filing | No |
| 2019-12-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2019-12-01 | Plan is a collectively bargained plan | No |
| 2019-12-01 | Plan funding arrangement – Insurance | Yes |
| 2019-12-01 | Plan funding arrangement – Trust | Yes |
| 2019-12-01 | Plan benefit arrangement – Insurance | Yes |
| 2019-12-01 | Plan benefit arrangement - Trust | Yes |
