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PRESTO ENGINEERING INC. 401K PLAN 401k Plan overview

Plan NamePRESTO ENGINEERING INC. 401K PLAN
Plan identification number 001

PRESTO ENGINEERING INC. 401K 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) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

PRESTO ENGINEERING INC. has sponsored the creation of one or more 401k plans.

Company Name:PRESTO ENGINEERING INC.
Employer identification number (EIN):204749406
NAIC Classification:334410

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRESTO ENGINEERING INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHRISTIAN KAPPNER2024-10-28
0012022-01-01CHRISTIAN KAPPNER2024-04-02
0012021-01-01MICHEL VILLEMAIN2023-01-10
0012021-01-01MICHEL VILLEMAIN2023-02-10
0012020-01-01MICHEL VILLEMAIN2021-06-29
0012019-01-01MICHEL VILLEMAIN2020-10-15
0012018-01-01MICHEL VILLEMAIN2019-06-04
0012017-01-01MICHEL VILLEMAIN2018-06-25
0012016-01-01MICHEL VILLEMAIN2017-10-02
0012015-01-01JACK SEXTON2016-06-14
0012014-01-01JACK SEXTON2015-06-12
0012013-01-01JACK SEXTON2014-06-26
0012012-01-01JACK SEXTON2013-09-04
0012011-01-01MICHEL VILLEMAIN2012-06-15
0012010-01-01AUGUSTIN KAPELLA2011-07-29
0012009-01-01MICHEL VILLEMAIN

Plan Statistics for PRESTO ENGINEERING INC. 401K PLAN

401k plan membership statisitcs for PRESTO ENGINEERING INC. 401K PLAN

Measure Date Value
2025: PRESTO ENGINEERING INC. 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-0913
Total number of particpants at end of year2025-07-0914
Number of Participants With Account Balances2025-07-0912
2024: PRESTO ENGINEERING INC. 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-2816
Total number of particpants at end of year2024-10-2813
Number of Participants With Account Balances2024-10-2812
2023: PRESTO ENGINEERING INC. 401K PLAN 2023 401k membership
Total number of particpants at beginning of year2023-02-1018
Total number of particpants at end of year2023-02-1016
Number of Participants With Account Balances2023-02-1014
2009: PRESTO ENGINEERING INC. 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0118
Total number of active participants reported on line 7a of the Form 55002009-01-0115
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0116
Number of participants with account balances2009-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on PRESTO ENGINEERING INC. 401K PLAN

Measure Date Value
2025 : PRESTO ENGINEERING INC. 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-0933322
Net assets as of the end of the plan year2025-07-091385912
Total assets as of the beginning of the plan year2025-07-091261446
Value of plan covered by a fidelity bond2025-07-09127000
Participant contributions to plan in this plan year2025-07-0935852
Value of participant loans at end of plan year2025-07-090
Other income to plan in this plan year2025-07-09121936
Plan net income in this plan year2025-07-09124466
Net assets as of the end of the plan year2025-07-091385912
Net assets as of the beginning of the plan year2025-07-091261446
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-09180
2024 : PRESTO ENGINEERING INC. 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-28985044
Net assets as of the end of the plan year2024-10-281261446
Total assets as of the beginning of the plan year2024-10-281910736
Value of plan covered by a fidelity bond2024-10-28192000
Participant contributions to plan in this plan year2024-10-2870729
Value of participant loans at end of plan year2024-10-280
Other income to plan in this plan year2024-10-28265025
Plan net income in this plan year2024-10-28-649290
Net assets as of the end of the plan year2024-10-281261446
Net assets as of the beginning of the plan year2024-10-281910736
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-28110
2023 : PRESTO ENGINEERING INC. 401K PLAN 2023 401k financial data
Total expenses incurred by plan in this plan year2023-02-1094183
Net assets as of the end of the plan year2023-02-102175432
Total assets as of the beginning of the plan year2023-02-101861182
Value of plan covered by a fidelity bond2023-02-10187000
Participant contributions to plan in this plan year2023-02-1071380
Value of participant loans at end of plan year2023-02-100
Other income to plan in this plan year2023-02-10321053
Plan net income in this plan year2023-02-10314250
Net assets as of the end of the plan year2023-02-102175432
Net assets as of the beginning of the plan year2023-02-101861182
Employer contributions to plan in this plan year2023-02-1016000
Expensese paid to adminstrative service provicers from plan in this plan year2023-02-10747
2009 : PRESTO ENGINEERING INC. 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for PRESTO ENGINEERING INC. 401K PLAN

2009: PRESTO ENGINEERING INC. 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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