PREMIUM INSPECTION & TESTING, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PREMIUM INSPECTION & TESTING, INC. 401K PLAN 401K PLAN
401k plan membership statisitcs for PREMIUM INSPECTION & TESTING, INC. 401K PLAN 401K PLAN
| Measure | Date | Value |
|---|
| 2019 : PREMIUM INSPECTION & TESTING, INC. 401K PLAN 401K PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $1,842,004 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,503,039 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,454,990 |
| Value of total corrective distributions | 2019-12-31 | $1,922 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $497,383 |
| Value of total assets at end of year | 2019-12-31 | $7,004,111 |
| Value of total assets at beginning of year | 2019-12-31 | $6,665,146 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $46,127 |
| Total interest from all sources | 2019-12-31 | $13,433 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $327,343 |
| Participant contributions at end of year | 2019-12-31 | $121,368 |
| Participant contributions at beginning of year | 2019-12-31 | $88,777 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $2,359 |
| Other income not declared elsewhere | 2019-12-31 | $343 |
| Administrative expenses (other) incurred | 2019-12-31 | $46,127 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $338,965 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $7,004,111 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $6,665,146 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $6,420,148 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $6,110,887 |
| Interest on participant loans | 2019-12-31 | $6,332 |
| Interest earned on other investments | 2019-12-31 | $7,101 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $462,595 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $465,482 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $1,330,845 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $167,681 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,454,990 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | POSTLETHWAITE & NETTERVILLE |
| Accountancy firm EIN | 2019-12-31 | 721202445 |
| 2018 : PREMIUM INSPECTION & TESTING, INC. 401K PLAN 401K PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $345,278 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,540,421 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,531,449 |
| Value of total corrective distributions | 2018-12-31 | $6,627 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $738,935 |
| Value of total assets at end of year | 2018-12-31 | $6,665,146 |
| Value of total assets at beginning of year | 2018-12-31 | $7,860,289 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,345 |
| Total interest from all sources | 2018-12-31 | $10,632 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $535,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $443,265 |
| Participant contributions at end of year | 2018-12-31 | $88,777 |
| Participant contributions at beginning of year | 2018-12-31 | $35,333 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $66,647 |
| Other income not declared elsewhere | 2018-12-31 | $143 |
| Administrative expenses (other) incurred | 2018-12-31 | $2,345 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,195,143 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $6,665,146 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $7,860,289 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $6,110,887 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $7,223,467 |
| Interest on participant loans | 2018-12-31 | $5,528 |
| Interest earned on other investments | 2018-12-31 | $5,104 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $465,482 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $601,489 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-404,432 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $229,023 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,531,449 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | POSTLETHWAITE & NETTERVILLE |
| Accountancy firm EIN | 2018-12-31 | 721202445 |
| 2017 : PREMIUM INSPECTION & TESTING, INC. 401K PLAN 401K PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,791,712 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $1,218,276 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,216,014 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $639,707 |
| Value of total assets at end of year | 2017-12-31 | $7,860,289 |
| Value of total assets at beginning of year | 2017-12-31 | $7,286,853 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,262 |
| Total interest from all sources | 2017-12-31 | $7,017 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $30,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $395,283 |
| Participant contributions at end of year | 2017-12-31 | $35,333 |
| Participant contributions at beginning of year | 2017-12-31 | $63,056 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $5,025 |
| Other income not declared elsewhere | 2017-12-31 | $839 |
| Administrative expenses (other) incurred | 2017-12-31 | $2,262 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $573,436 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $7,860,289 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $7,286,853 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $7,223,467 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $7,050,754 |
| Interest on participant loans | 2017-12-31 | $1,813 |
| Interest earned on other investments | 2017-12-31 | $5,204 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $601,489 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $173,043 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $1,144,149 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $239,399 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,216,014 |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | POSTLETHWAITE & NETTERVILLE |
| Accountancy firm EIN | 2017-12-31 | 721202445 |
