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PERFORMANCE MICRO RETIREMENT PLAN 401k Plan overview

Plan NamePERFORMANCE MICRO RETIREMENT PLAN
Plan identification number 001

PERFORMANCE MICRO RETIREMENT PLAN 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.
  • 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

PERFORMANCE MICRO TOOL, INC. has sponsored the creation of one or more 401k plans.

Company Name:PERFORMANCE MICRO TOOL, INC.
Employer identification number (EIN):391999117
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERFORMANCE MICRO RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DAN KVISTAD2024-07-25
0012022-01-01DAN KVISTAD2023-07-14
0012021-01-01DAN KVISTAD2022-06-14
0012020-01-01DAN KVISTAD2021-09-23
0012019-01-01DAN KVISTAD2020-07-10
0012018-01-01DAVE BURTON2019-05-26
0012017-01-01DAVE BURTON2018-07-27
0012016-01-01DAVE BURTON2017-06-28

Financial Data on PERFORMANCE MICRO RETIREMENT PLAN

Measure Date Value
2025 : PERFORMANCE MICRO RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-020
Net assets as of the end of the plan year2025-06-022095672
Total assets as of the beginning of the plan year2025-06-021628969
Value of plan covered by a fidelity bond2025-06-02163000
Participant contributions to plan in this plan year2025-06-0276605
Value of participant loans at end of plan year2025-06-021433
Other income to plan in this plan year2025-06-02390098
Plan net income in this plan year2025-06-02466703
Net assets as of the end of the plan year2025-06-022095672
Net assets as of the beginning of the plan year2025-06-021628969
2024 : PERFORMANCE MICRO RETIREMENT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-2558073
Net assets as of the end of the plan year2024-07-251628969
Total assets as of the beginning of the plan year2024-07-251252078
Value of plan covered by a fidelity bond2024-07-25126000
Participant contributions to plan in this plan year2024-07-2573359
Value of participant loans at end of plan year2024-07-255410
Other income to plan in this plan year2024-07-25361605
Plan net income in this plan year2024-07-25376891
Net assets as of the end of the plan year2024-07-251628969
Net assets as of the beginning of the plan year2024-07-251252078
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-25110
2022 : PERFORMANCE MICRO RETIREMENT PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-14250
Net assets as of the end of the plan year2022-06-141541633
Total assets as of the beginning of the plan year2022-06-141210590
Value of plan covered by a fidelity bond2022-06-14122000
Participant contributions to plan in this plan year2022-06-1466247
Value of participant loans at end of plan year2022-06-1414730
Other income to plan in this plan year2022-06-14265046
Plan net income in this plan year2022-06-14331043
Net assets as of the end of the plan year2022-06-141541633
Net assets as of the beginning of the plan year2022-06-141210590
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-14250

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