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PRESTON'S WESTERN WEAR INC. PROFIT SHARING PLAN 401k Plan overview

Plan NamePRESTON'S WESTERN WEAR INC. PROFIT SHARING PLAN
Plan identification number 002

PRESTON'S WESTERN WEAR INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PRESTONS WESTERN WEAR INC. has sponsored the creation of one or more 401k plans.

Company Name:PRESTONS WESTERN WEAR INC.
Employer identification number (EIN):205385742
NAIC Classification:444130
NAIC Description:Hardware Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRESTON'S WESTERN WEAR INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01DEBBIE PRESTON2024-05-02
0022022-01-01DEBBIE PRESTON2023-02-28
0022021-01-01DEBBIE PRESTON2022-10-14
0022020-01-01DEBBIE PRESTON2021-10-14

Financial Data on PRESTON'S WESTERN WEAR INC. PROFIT SHARING PLAN

Measure Date Value
2025 : PRESTON'S WESTERN WEAR INC. PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-2520235
Net assets as of the end of the plan year2025-03-250
Total assets as of the beginning of the plan year2025-03-2520178
Other income to plan in this plan year2025-03-2557
Plan net income in this plan year2025-03-25-20178
Net assets as of the end of the plan year2025-03-250
Net assets as of the beginning of the plan year2025-03-2520178
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-252242
2024 : PRESTON'S WESTERN WEAR INC. PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-020
Net assets as of the end of the plan year2024-05-0220178
Total assets as of the beginning of the plan year2024-05-0218810
Other income to plan in this plan year2024-05-021368
Plan net income in this plan year2024-05-021368
Net assets as of the end of the plan year2024-05-0220178
Net assets as of the beginning of the plan year2024-05-0218810

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