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PRECISION VALVE CORPORATION PENSION PLAN 401k Plan overview

Plan NamePRECISION VALVE CORPORATION PENSION PLAN
Plan identification number 001

PRECISION VALVE CORPORATION PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

PRECISION VALVE CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:PRECISION VALVE CORPORATION
Employer identification number (EIN):131725893
NAIC Classification:326100

Additional information about PRECISION VALVE CORPORATION

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1949-09-06
Company Identification Number: 63490
Legal Registered Office Address: 80 STATE STREET
Westchester
ALBANY
United States of America (USA)
12207

More information about PRECISION VALVE CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION VALVE CORPORATION PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-06-01ALBERT MARIANI, JR. ALBERT MARIANI, JR.2014-03-12
0012011-06-01ALBERT MARIANI, JR. ALBERT MARIANI, JR.2013-03-13
0012010-06-01ALBERT MARIANI JR. ALBERT MARIANI, JR.2012-03-12
0012009-06-01ALBERT MARIANI, JR. ALBERT MARIANI, JR.2011-03-10

Plan Statistics for PRECISION VALVE CORPORATION PENSION PLAN

401k plan membership statisitcs for PRECISION VALVE CORPORATION PENSION PLAN

Measure Date Value
2012: PRECISION VALVE CORPORATION PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-06-01241
Total number of active participants reported on line 7a of the Form 55002012-06-0163
Number of retired or separated participants receiving benefits2012-06-0122
Number of other retired or separated participants entitled to future benefits2012-06-01143
Total of all active and inactive participants2012-06-01228
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-06-014
Total participants2012-06-01232
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-06-010
2011: PRECISION VALVE CORPORATION PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-06-01245
Total number of active participants reported on line 7a of the Form 55002011-06-0169
Number of retired or separated participants receiving benefits2011-06-0120
Number of other retired or separated participants entitled to future benefits2011-06-01149
Total of all active and inactive participants2011-06-01238
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-06-013
Total participants2011-06-01241
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-06-010
2010: PRECISION VALVE CORPORATION PENSION PLAN 2010 401k membership
Total participants, beginning-of-year2010-06-01246
Total number of active participants reported on line 7a of the Form 55002010-06-0179
Number of retired or separated participants receiving benefits2010-06-0117
Number of other retired or separated participants entitled to future benefits2010-06-01145
Total of all active and inactive participants2010-06-01241
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-06-014
Total participants2010-06-01245
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-06-010
2009: PRECISION VALVE CORPORATION PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-06-01259
Total number of active participants reported on line 7a of the Form 55002009-06-0183
Number of retired or separated participants receiving benefits2009-06-0117
Number of other retired or separated participants entitled to future benefits2009-06-01143
Total of all active and inactive participants2009-06-01243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-06-013
Total participants2009-06-01246
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-06-010

Financial Data on PRECISION VALVE CORPORATION PENSION PLAN

Measure Date Value
2013 : PRECISION VALVE CORPORATION PENSION PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-05-31$463,647
Total unrealized appreciation/depreciation of assets2013-05-31$463,647
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-05-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-05-31$0
Total income from all sources (including contributions)2013-05-31$572,202
Total loss/gain on sale of assets2013-05-31$-36,021
Total of all expenses incurred2013-05-31$524,069
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-05-31$494,197
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-05-31$46,415
Value of total assets at end of year2013-05-31$3,947,894
Value of total assets at beginning of year2013-05-31$3,899,761
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-05-31$29,872
Total interest from all sources2013-05-31$36,363
Total dividends received (eg from common stock, registered investment company shares)2013-05-31$61,798
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-05-31No
Was this plan covered by a fidelity bond2013-05-31Yes
Value of fidelity bond cover2013-05-31$5,000,000
Were there any nonexempt tranactions with any party-in-interest2013-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-05-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-05-31$0
Total non interest bearing cash at beginning of year2013-05-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-05-31No
Value of net income/loss2013-05-31$48,133
Value of net assets at end of year (total assets less liabilities)2013-05-31$3,947,894
Value of net assets at beginning of year (total assets less liabilities)2013-05-31$3,899,761
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-05-31No
Were any leases to which the plan was party in default or uncollectible2013-05-31No
Investment advisory and management fees2013-05-31$29,872
Interest earned on other investments2013-05-31$18,653
Income. Interest from US Government securities2013-05-31$1,813
Income. Interest from corporate debt instruments2013-05-31$15,897
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-05-31$645,244
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-05-31$645,661
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-05-31$645,661
Asset value of US Government securities at end of year2013-05-31$0
Asset value of US Government securities at beginning of year2013-05-31$502,360
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-05-31Yes
Was there a failure to transmit to the plan any participant contributions2013-05-31No
Has the plan failed to provide any benefit when due under the plan2013-05-31No
Contributions received in cash from employer2013-05-31$46,415
Employer contributions (assets) at end of year2013-05-31$36,108
Employer contributions (assets) at beginning of year2013-05-31$0
Income. Dividends from common stock2013-05-31$61,798
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-05-31$494,197
Asset. Corporate debt instrument debt (other) at end of year2013-05-31$907,020
Asset. Corporate debt instrument debt (other) at beginning of year2013-05-31$1,057,931
Assets. Corporate common stocks other than exployer securities at end of year2013-05-31$2,359,522
Assets. Corporate common stocks other than exployer securities at beginning of year2013-05-31$1,693,809
Did the plan have assets held for investment2013-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-05-31No
Aggregate proceeds on sale of assets2013-05-31$1,614,834
Aggregate carrying amount (costs) on sale of assets2013-05-31$1,650,855
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-05-31Yes
Opinion of an independent qualified public accountant for this plan2013-05-31Disclaimer
Accountancy firm name2013-05-31CARON & BLETZER PLLC
Accountancy firm EIN2013-05-31043499945
2012 : PRECISION VALVE CORPORATION PENSION PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-05-31$-105,028
Total unrealized appreciation/depreciation of assets2012-05-31$-105,028
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-05-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-05-31$0
Total income from all sources (including contributions)2012-05-31$-51,468
Total loss/gain on sale of assets2012-05-31$1,488
Total of all expenses incurred2012-05-31$309,524
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-05-31$259,663
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-05-31$0
Value of total assets at end of year2012-05-31$3,899,761
Value of total assets at beginning of year2012-05-31$4,260,753
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-05-31$49,861
Total interest from all sources2012-05-31$20,641
Total dividends received (eg from common stock, registered investment company shares)2012-05-31$31,431
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-05-31No
Was this plan covered by a fidelity bond2012-05-31Yes
Value of fidelity bond cover2012-05-31$5,000,000
Were there any nonexempt tranactions with any party-in-interest2012-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-05-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-05-31$0
Administrative expenses (other) incurred2012-05-31$18,979
Total non interest bearing cash at end of year2012-05-31$0
Total non interest bearing cash at beginning of year2012-05-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-05-31No
Value of net income/loss2012-05-31$-360,992
Value of net assets at end of year (total assets less liabilities)2012-05-31$3,899,761
Value of net assets at beginning of year (total assets less liabilities)2012-05-31$4,260,753
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-05-31No
Were any leases to which the plan was party in default or uncollectible2012-05-31No
Investment advisory and management fees2012-05-31$30,882
Interest earned on other investments2012-05-31$160
Income. Interest from US Government securities2012-05-31$2,699
Income. Interest from corporate debt instruments2012-05-31$17,782
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-05-31$645,661
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-05-31$1,832,149
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-05-31$1,832,149
Asset value of US Government securities at end of year2012-05-31$502,360
Asset value of US Government securities at beginning of year2012-05-31$750,514
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-05-31Yes
Was there a failure to transmit to the plan any participant contributions2012-05-31No
Has the plan failed to provide any benefit when due under the plan2012-05-31No
Contributions received in cash from employer2012-05-31$0
Employer contributions (assets) at end of year2012-05-31$0
Employer contributions (assets) at beginning of year2012-05-31$0
Income. Dividends from common stock2012-05-31$31,431
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-05-31$259,663
Asset. Corporate debt instrument debt (other) at end of year2012-05-31$1,057,931
Asset. Corporate debt instrument debt (other) at beginning of year2012-05-31$946,466
Assets. Corporate common stocks other than exployer securities at end of year2012-05-31$1,693,809
Assets. Corporate common stocks other than exployer securities at beginning of year2012-05-31$731,624
Did the plan have assets held for investment2012-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-05-31No
Aggregate proceeds on sale of assets2012-05-31$1,819,332
Aggregate carrying amount (costs) on sale of assets2012-05-31$1,817,844
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-05-31Yes
Opinion of an independent qualified public accountant for this plan2012-05-31Disclaimer
Accountancy firm name2012-05-31CARON & BLETZER PLLC
Accountancy firm EIN2012-05-31043499945
2011 : PRECISION VALVE CORPORATION PENSION PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-05-31$169,418
Total unrealized appreciation/depreciation of assets2011-05-31$169,418
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-05-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-05-31$0
Total income from all sources (including contributions)2011-05-31$204,926
Total loss/gain on sale of assets2011-05-31$-15,648
Total of all expenses incurred2011-05-31$295,585
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-05-31$264,072
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-05-31$0
Value of total assets at end of year2011-05-31$4,260,753
Value of total assets at beginning of year2011-05-31$4,351,412
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-05-31$31,513
Total interest from all sources2011-05-31$25,969
Total dividends received (eg from common stock, registered investment company shares)2011-05-31$25,187
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-05-31No
Was this plan covered by a fidelity bond2011-05-31Yes
Value of fidelity bond cover2011-05-31$5,000,000
Were there any nonexempt tranactions with any party-in-interest2011-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-05-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-05-31$0
Total non interest bearing cash at end of year2011-05-31$0
Total non interest bearing cash at beginning of year2011-05-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-05-31No
Value of net income/loss2011-05-31$-90,659
Value of net assets at end of year (total assets less liabilities)2011-05-31$4,260,753
Value of net assets at beginning of year (total assets less liabilities)2011-05-31$4,351,412
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-05-31No
Were any leases to which the plan was party in default or uncollectible2011-05-31No
Investment advisory and management fees2011-05-31$31,513
Interest earned on other investments2011-05-31$160
Income. Interest from US Government securities2011-05-31$3,980
Income. Interest from corporate debt instruments2011-05-31$21,829
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-05-31$1,832,149
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-05-31$1,933,682
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-05-31$1,933,682
Asset value of US Government securities at end of year2011-05-31$750,514
Asset value of US Government securities at beginning of year2011-05-31$1,301,208
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-05-31Yes
Was there a failure to transmit to the plan any participant contributions2011-05-31No
Has the plan failed to provide any benefit when due under the plan2011-05-31No
Contributions received in cash from employer2011-05-31$0
Employer contributions (assets) at end of year2011-05-31$0
Employer contributions (assets) at beginning of year2011-05-31$0
Income. Dividends from common stock2011-05-31$25,187
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-05-31$264,072
Asset. Corporate debt instrument debt (other) at end of year2011-05-31$946,466
Asset. Corporate debt instrument debt (other) at beginning of year2011-05-31$451,350
Assets. Corporate common stocks other than exployer securities at end of year2011-05-31$731,624
Assets. Corporate common stocks other than exployer securities at beginning of year2011-05-31$665,172
Did the plan have assets held for investment2011-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-05-31No
Aggregate proceeds on sale of assets2011-05-31$2,919,903
Aggregate carrying amount (costs) on sale of assets2011-05-31$2,935,551
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-05-31Yes
Opinion of an independent qualified public accountant for this plan2011-05-31Disclaimer
Accountancy firm name2011-05-31CARON & BLETZER PLLC
Accountancy firm EIN2011-05-31043499945

Form 5500 Responses for PRECISION VALVE CORPORATION PENSION PLAN

2012: PRECISION VALVE CORPORATION PENSION PLAN 2012 form 5500 responses
2012-06-01Type of plan entitySingle employer plan
2012-06-01Submission has been amendedNo
2012-06-01This submission is the final filingNo
2012-06-01This return/report is a short plan year return/report (less than 12 months)No
2012-06-01Plan is a collectively bargained planNo
2012-06-01Plan funding arrangement – TrustYes
2012-06-01Plan benefit arrangement - TrustYes
2011: PRECISION VALVE CORPORATION PENSION PLAN 2011 form 5500 responses
2011-06-01Type of plan entitySingle employer plan
2011-06-01Submission has been amendedNo
2011-06-01This submission is the final filingNo
2011-06-01This return/report is a short plan year return/report (less than 12 months)No
2011-06-01Plan is a collectively bargained planNo
2011-06-01Plan funding arrangement – TrustYes
2011-06-01Plan benefit arrangement - TrustYes
2010: PRECISION VALVE CORPORATION PENSION PLAN 2010 form 5500 responses
2010-06-01Type of plan entitySingle employer plan
2010-06-01Submission has been amendedYes
2010-06-01This submission is the final filingNo
2010-06-01This return/report is a short plan year return/report (less than 12 months)No
2010-06-01Plan is a collectively bargained planNo
2010-06-01Plan funding arrangement – TrustYes
2010-06-01Plan benefit arrangement - TrustYes
2009: PRECISION VALVE CORPORATION PENSION PLAN 2009 form 5500 responses
2009-06-01Type of plan entitySingle employer plan
2009-06-01Submission has been amendedNo
2009-06-01This submission is the final filingNo
2009-06-01This return/report is a short plan year return/report (less than 12 months)No
2009-06-01Plan is a collectively bargained planNo
2009-06-01Plan funding arrangement – TrustYes
2009-06-01Plan benefit arrangement - TrustYes

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