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PETERSON CHEMICALS, INC. 401(K) PLAN 401k Plan overview

Plan NamePETERSON CHEMICALS, INC. 401(K) PLAN
Plan identification number 001

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

401k Sponsoring company profile

ELITE COMFORT SOLUTIONS, LLC has sponsored the creation of one or more 401k plans.

Company Name:ELITE COMFORT SOLUTIONS, LLC
Employer identification number (EIN):811226830
NAIC Classification:339900

Additional information about ELITE COMFORT SOLUTIONS, LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 2186915

More information about ELITE COMFORT SOLUTIONS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PETERSON CHEMICALS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012018-01-01
0012017-01-01SCOTT BECK2018-07-25
0012017-01-01RITA PRUSCINO
0012017-01-01SCOTT BECK2018-07-20
0012016-06-01CRYSTAL COOPER
0012016-01-01MARK CRAWFORD2017-10-13

Plan Statistics for PETERSON CHEMICALS, INC. 401(K) PLAN

401k plan membership statisitcs for PETERSON CHEMICALS, INC. 401(K) PLAN

Measure Date Value
2022: PETERSON CHEMICALS, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011,154
Total number of active participants reported on line 7a of the Form 55002022-01-011,017
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-01122
Total of all active and inactive participants2022-01-011,139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-015
Total participants2022-01-011,144
Number of participants with account balances2022-01-01520
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: PETERSON CHEMICALS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01927
Total number of active participants reported on line 7a of the Form 55002021-01-011,047
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01103
Total of all active and inactive participants2021-01-011,150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-014
Total participants2021-01-011,154
Number of participants with account balances2021-01-01480
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: PETERSON CHEMICALS, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01975
Total number of active participants reported on line 7a of the Form 55002020-01-01848
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0177
Total of all active and inactive participants2020-01-01925
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-012
Total participants2020-01-01927
Number of participants with account balances2020-01-01433
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: PETERSON CHEMICALS, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01808
Total number of active participants reported on line 7a of the Form 55002019-01-01926
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0149
Total of all active and inactive participants2019-01-01975
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01975
Number of participants with account balances2019-01-01407
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: PETERSON CHEMICALS, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01674
Total number of active participants reported on line 7a of the Form 55002018-01-01769
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0139
Total of all active and inactive participants2018-01-01808
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01808
Number of participants with account balances2018-01-01320
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: PETERSON CHEMICALS, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01377
Total number of active participants reported on line 7a of the Form 55002017-01-01657
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0117
Total of all active and inactive participants2017-01-01674
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01674
Number of participants with account balances2017-01-01205
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: PETERSON CHEMICALS, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-06-01377
Total number of active participants reported on line 7a of the Form 55002016-06-01374
Number of retired or separated participants receiving benefits2016-06-010
Number of other retired or separated participants entitled to future benefits2016-06-013
Total of all active and inactive participants2016-06-01377
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-06-010
Total participants2016-06-01377
Number of participants with account balances2016-06-01138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-06-010

Financial Data on PETERSON CHEMICALS, INC. 401(K) PLAN

Measure Date Value
2022 : PETERSON CHEMICALS, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$28,809
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,619,933
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,609,903
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,618,028
Value of total assets at end of year2022-12-31$15,334,368
Value of total assets at beginning of year2022-12-31$16,925,492
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$10,030
Total interest from all sources2022-12-31$19,286
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$798,399
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$798,399
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$15,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,634,606
Participant contributions at end of year2022-12-31$483,319
Participant contributions at beginning of year2022-12-31$552,173
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$97,725
Administrative expenses (other) incurred2022-12-31$10,030
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,591,124
Value of net assets at end of year (total assets less liabilities)2022-12-31$15,334,368
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$16,925,492
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$13,025,453
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$15,143,633
Interest on participant loans2022-12-31$18,936
Value of interest in common/collective trusts at end of year2022-12-31$1,824,856
Value of interest in common/collective trusts at beginning of year2022-12-31$1,229,297
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$740
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$389
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$389
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$350
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-3,433,638
Net investment gain or loss from common/collective trusts2022-12-31$26,734
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$885,697
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,609,903
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Disclaimer
Accountancy firm name2022-12-31SZYMKOWIAK & ASSOCIATES CPAS, PC
Accountancy firm EIN2022-12-31161600045
2021 : PETERSON CHEMICALS, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$4,274,430
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,963,814
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,944,874
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,376,137
Value of total assets at end of year2021-12-31$16,925,492
Value of total assets at beginning of year2021-12-31$14,614,876
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$18,940
Total interest from all sources2021-12-31$17,607
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,194,142
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,194,142
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$15,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,513,984
Participant contributions at end of year2021-12-31$552,173
Participant contributions at beginning of year2021-12-31$340,575
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$37,647
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$17,763
Administrative expenses (other) incurred2021-12-31$18,940
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,310,616
Value of net assets at end of year (total assets less liabilities)2021-12-31$16,925,492
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$14,614,876
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$15,143,633
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$12,332,329
Interest on participant loans2021-12-31$17,607
Value of interest in common/collective trusts at end of year2021-12-31$1,229,297
Value of interest in common/collective trusts at beginning of year2021-12-31$1,871,887
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$389
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$11,529
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$11,529
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$686,544
Net investment gain or loss from common/collective trusts2021-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$844,390
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$20,909
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,944,874
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31SZYMKOWIAK & ASSOCIATES CPAS, PC
Accountancy firm EIN2021-12-31161600045
2020 : PETERSON CHEMICALS, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$4,536,709
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,770,358
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,764,478
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,784,631
Value of total assets at end of year2020-12-31$14,614,876
Value of total assets at beginning of year2020-12-31$11,848,525
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$5,880
Total interest from all sources2020-12-31$15,031
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$608,948
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$608,948
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$15,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,459,345
Participant contributions at end of year2020-12-31$340,575
Participant contributions at beginning of year2020-12-31$313,664
Participant contributions at end of year2020-12-31$37,647
Participant contributions at beginning of year2020-12-31$34,636
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$505,757
Administrative expenses (other) incurred2020-12-31$5,880
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$2,766,351
Value of net assets at end of year (total assets less liabilities)2020-12-31$14,614,876
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$11,848,525
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$12,332,329
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$10,146,897
Interest on participant loans2020-12-31$15,023
Value of interest in common/collective trusts at end of year2020-12-31$1,871,887
Value of interest in common/collective trusts at beginning of year2020-12-31$1,331,226
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$11,529
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$26
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$26
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$8
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,095,549
Net investment gain or loss from common/collective trusts2020-12-31$32,550
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$819,529
Employer contributions (assets) at end of year2020-12-31$20,909
Employer contributions (assets) at beginning of year2020-12-31$22,076
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,764,478
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31SZYMKOWIAK & ASSOCIATES CPAS, PC
Accountancy firm EIN2020-12-31161600045
2019 : PETERSON CHEMICALS, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at 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 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$4,066,439
Total income from all sources (including contributions)2019-12-31$4,066,439
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$573,182
Total of all expenses incurred2019-12-31$573,182
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$566,943
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$566,943
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,265,901
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,265,901
Value of total assets at end of year2019-12-31$11,848,525
Value of total assets at end of year2019-12-31$11,848,525
Value of total assets at beginning of year2019-12-31$8,355,268
Value of total assets at beginning of year2019-12-31$8,355,268
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$6,239
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$6,239
Total interest from all sources2019-12-31$12,656
Total interest from all sources2019-12-31$12,656
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$505,609
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$505,609
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$505,609
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$505,609
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$15,000,000
Value of fidelity bond cover2019-12-31$15,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,327,399
Contributions received from participants2019-12-31$1,327,399
Participant contributions at end of year2019-12-31$313,664
Participant contributions at end of year2019-12-31$313,664
Participant contributions at beginning of year2019-12-31$289,694
Participant contributions at beginning of year2019-12-31$289,694
Participant contributions at end of year2019-12-31$34,636
Participant contributions at end of year2019-12-31$34,636
Participant contributions at beginning of year2019-12-31$4,460
Participant contributions at beginning of year2019-12-31$4,460
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$182,645
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$182,645
Administrative expenses (other) incurred2019-12-31$6,239
Administrative expenses (other) incurred2019-12-31$6,239
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,493,257
Value of net income/loss2019-12-31$3,493,257
Value of net assets at end of year (total assets less liabilities)2019-12-31$11,848,525
Value of net assets at end of year (total assets less liabilities)2019-12-31$11,848,525
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$8,355,268
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$10,146,897
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$10,146,897
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,431,919
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,431,919
Interest on participant loans2019-12-31$12,656
Interest on participant loans2019-12-31$12,656
Value of interest in common/collective trusts at end of year2019-12-31$1,331,226
Value of interest in common/collective trusts at end of year2019-12-31$1,331,226
Value of interest in common/collective trusts at beginning of year2019-12-31$626,254
Value of interest in common/collective trusts at beginning of year2019-12-31$626,254
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$26
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$26
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$26
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$26
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$26
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$26
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,265,698
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,265,698
Net investment gain or loss from common/collective trusts2019-12-31$16,575
Net investment gain or loss from common/collective trusts2019-12-31$16,575
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$755,857
Contributions received in cash from employer2019-12-31$755,857
Employer contributions (assets) at end of year2019-12-31$22,076
Employer contributions (assets) at end of year2019-12-31$22,076
Employer contributions (assets) at beginning of year2019-12-31$2,915
Employer contributions (assets) at beginning of year2019-12-31$2,915
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$566,943
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$566,943
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31SZYMKOWIAK & ASSOCIATES CPAS, PC
Accountancy firm name2019-12-31SZYMKOWIAK & ASSOCIATES CPAS, PC
Accountancy firm EIN2019-12-31161600045
Accountancy firm EIN2019-12-31161600045
2018 : PETERSON CHEMICALS, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$1,296,926
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$1,597,647
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$607,745
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$603,840
Value of total corrective distributions2018-12-31$255
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$2,101,789
Value of total assets at end of year2018-12-31$8,355,268
Value of total assets at beginning of year2018-12-31$6,068,440
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$3,650
Total interest from all sources2018-12-31$10,947
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$580,008
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$580,008
Was this plan covered by a fidelity bond2018-12-31No
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,145,429
Participant contributions at end of year2018-12-31$289,694
Participant contributions at beginning of year2018-12-31$235,086
Participant contributions at end of year2018-12-31$4,460
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$352,327
Administrative expenses (other) incurred2018-12-31$3,650
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$989,902
Value of net assets at end of year (total assets less liabilities)2018-12-31$8,355,268
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$6,068,440
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$7,431,919
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$5,313,951
Interest on participant loans2018-12-31$10,921
Value of interest in common/collective trusts at end of year2018-12-31$626,254
Value of interest in common/collective trusts at beginning of year2018-12-31$519,403
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$26
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$26
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,105,985
Net investment gain or loss from common/collective trusts2018-12-31$10,888
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$604,033
Employer contributions (assets) at end of year2018-12-31$2,915
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$603,840
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31SZYMKOWIAK & ASSOCIATES CPAS, PC
Accountancy firm EIN2018-12-31161600045
2017 : PETERSON CHEMICALS, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$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$1,782,467
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$86,415
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$85,315
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,012,369
Value of total assets at end of year2017-12-31$6,068,440
Value of total assets at beginning of year2017-12-31$4,372,388
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,100
Total interest from all sources2017-12-31$11,388
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$203,414
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$203,414
Was this plan covered by a fidelity bond2017-12-31No
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$628,195
Participant contributions at end of year2017-12-31$235,086
Participant contributions at beginning of year2017-12-31$342,495
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$56,711
Administrative expenses (other) incurred2017-12-31$1,100
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,696,052
Value of net assets at end of year (total assets less liabilities)2017-12-31$6,068,440
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$4,372,388
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$5,313,951
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$3,642,583
Interest on participant loans2017-12-31$11,388
Value of interest in common/collective trusts at end of year2017-12-31$519,403
Value of interest in common/collective trusts at beginning of year2017-12-31$387,310
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$547,999
Net investment gain or loss from common/collective trusts2017-12-31$7,297
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$327,463
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$85,315
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31SZYMKOWIAK & ASSOCIATES CPAS, PC
Accountancy firm EIN2017-12-31161600045
2016 : PETERSON CHEMICALS, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$4,372,888
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$500
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$2,010,715
Value of total assets at end of year2016-12-31$4,372,388
Value of total assets at beginning of year2016-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$500
Total interest from all sources2016-12-31$8,903
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$138,906
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$138,906
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$226,821
Participant contributions at end of year2016-12-31$342,495
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$1,650,948
Other income not declared elsewhere2016-12-31$2,284,952
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$4,372,388
Value of net assets at end of year (total assets less liabilities)2016-12-31$4,372,388
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$500
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$3,642,583
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$0
Interest on participant loans2016-12-31$8,903
Value of interest in common/collective trusts at end of year2016-12-31$387,310
Value of interest in common/collective trusts at beginning of year2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$-72,938
Net investment gain or loss from common/collective trusts2016-12-31$2,350
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$132,946
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No

Form 5500 Responses for PETERSON CHEMICALS, INC. 401(K) PLAN

2022: PETERSON CHEMICALS, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PETERSON CHEMICALS, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PETERSON CHEMICALS, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PETERSON CHEMICALS, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PETERSON CHEMICALS, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedYes
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PETERSON CHEMICALS, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PETERSON CHEMICALS, INC. 401(K) PLAN 2016 form 5500 responses
2016-06-01Type of plan entitySingle employer plan
2016-06-01First time form 5500 has been submittedYes
2016-06-01Submission has been amendedNo
2016-06-01This submission is the final filingNo
2016-06-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-06-01Plan is a collectively bargained planNo
2016-06-01Plan funding arrangement – TrustYes
2016-06-01Plan benefit arrangement - TrustYes

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