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PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NamePAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 002

PAVEMENT RECYCLING SYSTEMS, INC. 401(K) 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.
  • 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

PRS HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRS HOLDINGS, INC.
Employer identification number (EIN):330353433
NAIC Classification:237310
NAIC Description:Highway, Street, and Bridge Construction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01NATHAN BEYLER2018-10-08
0022016-01-01STEVE CONCANNON2017-10-11 NATHAN BEYLER2017-10-11
0022015-01-01BERNARD P. HALE2016-10-17
0022014-01-01BERNARD P. HALE2015-10-14
0022013-01-01BERNARD P. HALE2014-10-03
0022012-01-01BERNARD P. HALE2013-06-13
0022011-01-01BERNARD P. HALE2012-10-23
0022010-01-01BERNARD P. HALE2011-10-14

Plan Statistics for PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01265
Total number of active participants reported on line 7a of the Form 55002022-01-01299
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0170
Total of all active and inactive participants2022-01-01369
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01369
Number of participants with account balances2022-01-01252
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0112
2021: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01291
Total number of active participants reported on line 7a of the Form 55002021-01-01177
Number of retired or separated participants receiving benefits2021-01-0111
Number of other retired or separated participants entitled to future benefits2021-01-0175
Total of all active and inactive participants2021-01-01263
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-012
Total participants2021-01-01265
Number of participants with account balances2021-01-01256
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0113
2020: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01332
Total number of active participants reported on line 7a of the Form 55002020-01-01214
Number of retired or separated participants receiving benefits2020-01-0110
Number of other retired or separated participants entitled to future benefits2020-01-0144
Total of all active and inactive participants2020-01-01268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01269
Number of participants with account balances2020-01-01227
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0116
2019: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01211
Total number of active participants reported on line 7a of the Form 55002019-01-01153
Number of retired or separated participants receiving benefits2019-01-0131
Number of other retired or separated participants entitled to future benefits2019-01-0128
Total of all active and inactive participants2019-01-01212
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01213
Number of participants with account balances2019-01-01160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-018
2018: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01176
Total number of active participants reported on line 7a of the Form 55002018-01-01186
Number of retired or separated participants receiving benefits2018-01-0115
Number of other retired or separated participants entitled to future benefits2018-01-01220
Total of all active and inactive participants2018-01-01421
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01421
Number of participants with account balances2018-01-01183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0126

Financial Data on PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING 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$0
Total income from all sources (including contributions)2022-12-31$-313,503
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,524,680
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,438,842
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,327,690
Value of total assets at end of year2022-12-31$16,119,907
Value of total assets at beginning of year2022-12-31$17,958,090
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$85,838
Total interest from all sources2022-12-31$8,677
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$583,698
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$583,698
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
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$575,776
Participant contributions at end of year2022-12-31$142,924
Participant contributions at beginning of year2022-12-31$204,531
Participant contributions at end of year2022-12-31$7,464
Participant contributions at beginning of year2022-12-31$7,092
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$41,572
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,838,183
Value of net assets at end of year (total assets less liabilities)2022-12-31$16,119,907
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$17,958,090
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
Investment advisory and management fees2022-12-31$56,816
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$13,611,666
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$15,606,791
Interest on participant loans2022-12-31$8,022
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$647,511
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$461,056
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$461,056
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$655
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-3,233,568
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 contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,710,342
Employer contributions (assets) at end of year2022-12-31$1,710,342
Employer contributions (assets) at beginning of year2022-12-31$1,678,620
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,438,842
Contract administrator fees2022-12-31$29,022
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 plan2022-12-31Unqualified
Accountancy firm name2022-12-31WRIGHT FORD YOUNG & CO.
Accountancy firm EIN2022-12-31953288054
2021 : PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$4,243,191
Total of all expenses incurred2021-12-31$1,273,871
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,194,632
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,291,553
Value of total assets at end of year2021-12-31$17,958,090
Value of total assets at beginning of year2021-12-31$14,988,770
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$79,239
Total interest from all sources2021-12-31$12,336
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$669,129
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$669,129
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$544,951
Participant contributions at end of year2021-12-31$204,531
Participant contributions at beginning of year2021-12-31$268,499
Participant contributions at end of year2021-12-31$7,092
Participant contributions at beginning of year2021-12-31$8,524
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$105,918
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$2,969,320
Value of net assets at end of year (total assets less liabilities)2021-12-31$17,958,090
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$14,988,770
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
Investment advisory and management fees2021-12-31$79,239
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$15,606,791
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$12,784,918
Interest on participant loans2021-12-31$12,336
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$461,056
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$528,254
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$528,254
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,270,173
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 contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$1,640,684
Employer contributions (assets) at end of year2021-12-31$1,678,620
Employer contributions (assets) at beginning of year2021-12-31$1,398,575
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,194,632
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 name2021-12-31WRIGHT FORD YOUNG & CO.
Accountancy firm EIN2021-12-31953288054
2020 : PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$4,104,641
Total of all expenses incurred2020-12-31$1,128,764
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,067,905
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,096,120
Value of total assets at end of year2020-12-31$14,988,770
Value of total assets at beginning of year2020-12-31$12,012,893
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$60,859
Total interest from all sources2020-12-31$16,357
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$362,164
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$362,164
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$499,155
Participant contributions at end of year2020-12-31$268,499
Participant contributions at beginning of year2020-12-31$282,743
Participant contributions at end of year2020-12-31$8,524
Participant contributions at beginning of year2020-12-31$47,955
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$31,988
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$2,975,877
Value of net assets at end of year (total assets less liabilities)2020-12-31$14,988,770
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$12,012,893
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
Investment advisory and management fees2020-12-31$60,859
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$12,784,918
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$9,736,304
Interest on participant loans2020-12-31$16,357
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$528,254
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$539,797
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$539,797
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,630,000
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$1,564,977
Employer contributions (assets) at end of year2020-12-31$1,398,575
Employer contributions (assets) at beginning of year2020-12-31$1,406,094
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,067,905
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 name2020-12-31WRIGHT FORD YOUNG & CO.
Accountancy firm EIN2020-12-31953288054
2019 : PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$3,788,198
Total income from all sources (including contributions)2019-12-31$3,788,198
Total of all expenses incurred2019-12-31$746,780
Total of all expenses incurred2019-12-31$746,780
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$712,569
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$712,569
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,134,225
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,134,225
Value of total assets at end of year2019-12-31$12,012,893
Value of total assets at end of year2019-12-31$12,012,893
Value of total assets at beginning of year2019-12-31$8,971,475
Value of total assets at beginning of year2019-12-31$8,971,475
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$34,211
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$34,211
Total interest from all sources2019-12-31$15,555
Total interest from all sources2019-12-31$15,555
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$295,795
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$295,795
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$295,795
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$295,795
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$500,000
Value of fidelity bond cover2019-12-31$500,000
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
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$380,815
Contributions received from participants2019-12-31$380,815
Participant contributions at end of year2019-12-31$282,743
Participant contributions at end of year2019-12-31$282,743
Participant contributions at beginning of year2019-12-31$223,446
Participant contributions at beginning of year2019-12-31$223,446
Participant contributions at end of year2019-12-31$47,955
Participant contributions at end of year2019-12-31$47,955
Participant contributions at beginning of year2019-12-31$10,604
Participant contributions at beginning of year2019-12-31$10,604
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$347,317
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$347,317
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$3,041,418
Value of net income/loss2019-12-31$3,041,418
Value of net assets at end of year (total assets less liabilities)2019-12-31$12,012,893
Value of net assets at end of year (total assets less liabilities)2019-12-31$12,012,893
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$8,971,475
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$8,971,475
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
Investment advisory and management fees2019-12-31$34,211
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$9,736,304
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$9,736,304
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,062,322
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,062,322
Interest on participant loans2019-12-31$15,555
Interest on participant loans2019-12-31$15,555
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$539,797
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$539,797
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$750,454
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$750,454
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$750,454
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$750,454
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,342,623
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,342,623
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$1,406,093
Contributions received in cash from employer2019-12-31$1,406,093
Employer contributions (assets) at end of year2019-12-31$1,406,094
Employer contributions (assets) at end of year2019-12-31$1,406,094
Employer contributions (assets) at beginning of year2019-12-31$924,649
Employer contributions (assets) at beginning of year2019-12-31$924,649
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$712,569
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$712,569
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 name2019-12-31WRIGHT FORD YOUNG & CO.
Accountancy firm name2019-12-31WRIGHT FORD YOUNG & CO.
Accountancy firm EIN2019-12-31953288054
Accountancy firm EIN2019-12-31953288054
2018 : PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$1,847,787
Total of all expenses incurred2018-12-31$208,704
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$143,545
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$2,276,323
Value of total assets at end of year2018-12-31$8,971,475
Value of total assets at beginning of year2018-12-31$7,332,392
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$65,159
Total interest from all sources2018-12-31$8,975
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$251,341
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$251,341
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$166,099
Participant contributions at end of year2018-12-31$223,446
Participant contributions at beginning of year2018-12-31$236,875
Participant contributions at end of year2018-12-31$10,604
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$328,942
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$1,639,083
Value of net assets at end of year (total assets less liabilities)2018-12-31$8,971,475
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$7,332,392
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
Investment advisory and management fees2018-12-31$65,159
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$7,062,322
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$6,935,592
Interest on participant loans2018-12-31$8,975
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$750,454
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$159,925
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$159,925
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-688,852
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 contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$1,781,282
Employer contributions (assets) at end of year2018-12-31$924,649
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$143,545
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 name2018-12-31WRIGHT FORD YOUNG & CO.
Accountancy firm EIN2018-12-31953288054

Form 5500 Responses for PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

2022: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
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: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PAVEMENT RECYCLING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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