Logo

PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NamePRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 002

PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING 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.
  • Plan covering Self-Employed individuals.
  • 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

PRODUCTION CUTTING SERVICES has sponsored the creation of one or more 401k plans.

Company Name:PRODUCTION CUTTING SERVICES
Employer identification number (EIN):363398053
NAIC Classification:331200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01PLAN SPONSOR2024-10-01
0022022-01-01PLAN SPONSOR2023-10-04
0022021-01-01PLAN SPONSOR2022-09-13
0022020-01-01PLAN SPONSOR2021-07-26
0022019-01-01PLAN SPONSOR2020-08-19
0022018-01-01PLAN SPONSOR2019-06-21
0022017-01-01PLAN SPONSOR2018-06-25
0022016-01-01PLAN SPONSOR2017-07-26
0022015-01-01BETH COVEMAKER2016-06-24
0022014-01-01BETH A COVEMAKER WILLIAM H DUY2015-07-10
0022013-01-01BETH COVEMAKER WILLIAM DUY2014-07-07
0022012-01-01BETH COVEMAKER WILLIAM DUY2013-06-07
0022011-01-01BETH COVEMAKER WILLIAM DUY2012-07-11
0022009-01-01WILLIAM H DUY BETH COVEMAKER2010-09-29

Financial Data on PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-220
Total liabilities as of the end of the plan year2025-07-220
Total liabilities as of the beginning of the plan year2025-07-220
Total expenses incurred by plan in this plan year2025-07-22366082
Net assets as of the end of the plan year2025-07-222795254
Total assets as of the beginning of the plan year2025-07-222504862
Value of plan covered by a fidelity bond2025-07-22400000
Participant contributions to plan in this plan year2025-07-2286337
Value of participant loans at end of plan year2025-07-2248749
Other expenses paid from plan in this plan year2025-07-220
Other contributions to plan in this plan year2025-07-220
Other income to plan in this plan year2025-07-22559162
Plan net income in this plan year2025-07-22290392
Net assets as of the end of the plan year2025-07-222795254
Net assets as of the beginning of the plan year2025-07-222504862
Employer contributions to plan in this plan year2025-07-2210975
Fees paid to broker by Benefit Provider2025-07-22189
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2219024
2024 : PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-010
Total liabilities as of the end of the plan year2024-10-010
Total liabilities as of the beginning of the plan year2024-10-010
Total expenses incurred by plan in this plan year2024-10-0127912
Net assets as of the end of the plan year2024-10-012504862
Total assets as of the beginning of the plan year2024-10-011934797
Value of plan covered by a fidelity bond2024-10-01400000
Participant contributions to plan in this plan year2024-10-0196545
Value of participant loans at end of plan year2024-10-0129896
Other expenses paid from plan in this plan year2024-10-010
Other contributions to plan in this plan year2024-10-010
Other income to plan in this plan year2024-10-01490010
Plan net income in this plan year2024-10-01570065
Net assets as of the end of the plan year2024-10-012504862
Net assets as of the beginning of the plan year2024-10-011934797
Employer contributions to plan in this plan year2024-10-0111422
Fees paid to broker by Benefit Provider2024-10-01207
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0115657
2014 : PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$519
Total income from all sources2014-12-31$366,740
Expenses. Total of all expenses incurred2014-12-31$263,872
Benefits paid (including direct rollovers)2014-12-31$259,749
Total plan assets at end of year2014-12-31$2,344,845
Total plan assets at beginning of year2014-12-31$2,241,458
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$170,730
Expenses. Other expenses not covered elsewhere2014-12-31$1,221
Contributions received from other sources (not participants or employers)2014-12-31$6,625
Other income received2014-12-31$129,177
Net income (gross income less expenses)2014-12-31$102,868
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,344,845
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,241,458
Assets. Value of participant loans2014-12-31$56,067
Total contributions received or receivable from employer(s)2014-12-31$60,208
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$2,902
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$31
Total income from all sources2013-12-31$492,157
Expenses. Total of all expenses incurred2013-12-31$53,614
Benefits paid (including direct rollovers)2013-12-31$52,822
Total plan assets at end of year2013-12-31$2,241,458
Total plan assets at beginning of year2013-12-31$1,802,884
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$154,820
Expenses. Other expenses not covered elsewhere2013-12-31$792
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$264,976
Net income (gross income less expenses)2013-12-31$438,543
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,241,458
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,802,884
Assets. Value of participant loans2013-12-31$66,500
Total contributions received or receivable from employer(s)2013-12-31$72,361
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$-1,203
Total income from all sources2012-12-31$383,014
Expenses. Total of all expenses incurred2012-12-31$4,082
Benefits paid (including direct rollovers)2012-12-31$3,246
Total plan assets at end of year2012-12-31$1,802,884
Total plan assets at beginning of year2012-12-31$1,425,155
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$135,655
Expenses. Other expenses not covered elsewhere2012-12-31$836
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$188,547
Net income (gross income less expenses)2012-12-31$378,932
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,802,884
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,425,155
Assets. Value of participant loans2012-12-31$69,049
Total contributions received or receivable from employer(s)2012-12-31$58,812
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$127,943
Expenses. Total of all expenses incurred2011-12-31$33,563
Benefits paid (including direct rollovers)2011-12-31$32,558
Total plan assets at end of year2011-12-31$1,425,155
Total plan assets at beginning of year2011-12-31$1,330,775
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$124,096
Expenses. Other expenses not covered elsewhere2011-12-31$647
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-47,707
Net income (gross income less expenses)2011-12-31$94,380
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,425,155
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,330,775
Assets. Value of participant loans2011-12-31$67,487
Total contributions received or receivable from employer(s)2011-12-31$51,554
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$358
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$306,560
Expenses. Total of all expenses incurred2010-12-31$25,629
Benefits paid (including direct rollovers)2010-12-31$24,777
Total plan assets at end of year2010-12-31$1,330,775
Total plan assets at beginning of year2010-12-31$1,049,844
Value of fidelity bond covering the plan2010-12-31$110,000
Total contributions received or receivable from participants2010-12-31$111,357
Expenses. Other expenses not covered elsewhere2010-12-31$613
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$138,521
Net income (gross income less expenses)2010-12-31$280,931
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,330,775
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,049,844
Assets. Value of participant loans2010-12-31$42,564
Total contributions received or receivable from employer(s)2010-12-31$56,682
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$239
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN

2014: PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: PRODUCTION CUTTING SERVICES, INC. 401(K) PROFIT SHARING 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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-814443
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-814443
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-814443
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-814443
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-814443
Policy instance 1

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1