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PRECISION COMPONENTS AND MACHINE, INC. 401(K) PLA 401k Plan overview

Plan NamePRECISION COMPONENTS AND MACHINE, INC. 401(K) PLA
Plan identification number 001

PRECISION COMPONENTS AND MACHINE, INC. 401(K) PLA Benefits

401k Plan TypeDefined 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

PRECISION COMPONENTS AND MACHINE, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRECISION COMPONENTS AND MACHINE, INC.
Employer identification number (EIN):311469888
NAIC Classification:333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION COMPONENTS AND MACHINE, INC. 401(K) PLA

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012017-01-01
0012016-01-01
0012015-01-01STEPHANIE BLACK2016-10-12
0012014-01-01STEPHANIE BLACK2015-10-02
0012013-01-01STEVEN A. CHATTERTON2014-10-09
0012012-01-01STEVEN A. CHATTERON2014-03-13
0012011-01-01STEVEN A. CHATTERON2012-10-04
0012010-01-01STEVEN A. CHATTERON2011-10-05

Financial Data on PRECISION COMPONENTS AND MACHINE, INC. 401(K) PLA

Measure Date Value
2025 : PRECISION COMPONENTS AND MACHINE, INC. 401(K) PLA 2025 401k financial data
Total liabilities as of the end of the plan year2025-07-170
Total liabilities as of the beginning of the plan year2025-07-170
Total expenses incurred by plan in this plan year2025-07-1724108
Net assets as of the end of the plan year2025-07-171634660
Total assets as of the beginning of the plan year2025-07-171379696
Value of plan covered by a fidelity bond2025-07-17100000
Participant contributions to plan in this plan year2025-07-1741426
Other income to plan in this plan year2025-07-17177854
Plan net income in this plan year2025-07-17254964
Net assets as of the end of the plan year2025-07-171634660
Net assets as of the beginning of the plan year2025-07-171379696
Employer contributions to plan in this plan year2025-07-1759792
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-17615
Total expenses incurred by plan in this plan year2025-03-252527
Net assets as of the end of the plan year2025-03-251379696
Total assets as of the beginning of the plan year2025-03-251138972
Value of plan covered by a fidelity bond2025-03-25100000
Participant contributions to plan in this plan year2025-03-2557166
Other income to plan in this plan year2025-03-25186085
Plan net income in this plan year2025-03-25240724
Net assets as of the end of the plan year2025-03-251379696
Net assets as of the beginning of the plan year2025-03-251138972
Fees paid to broker by Benefit Provider2025-03-25125

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