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PRECISION MILLWRIGHT AND MACHINE, INC. 401(K) PLAN 401k Plan overview

Plan NamePRECISION MILLWRIGHT AND MACHINE, INC. 401(K) PLAN
Plan identification number 001

PRECISION MILLWRIGHT AND MACHINE, INC. 401(K) 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.

401k Sponsoring company profile

PRECISION MILLWRIGHT AND MACHINE, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRECISION MILLWRIGHT AND MACHINE, INC.
Employer identification number (EIN):363927257
NAIC Classification:484120
NAIC Description: General Freight Trucking, Long-Distance

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION MILLWRIGHT AND MACHINE, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01CHRISTINA ARTISUK2021-07-29
0012019-01-01JOHN ANSAY2020-06-05
0012018-01-01JOHN ANSAY2019-09-05
0012017-01-01JOHN ANSAY2018-07-23
0012016-01-01JOHN ANSAY2017-06-09
0012015-01-01JOHN ANSAY2016-07-06

Financial Data on PRECISION MILLWRIGHT AND MACHINE, INC. 401(K) PLAN

Measure Date Value
2025 : PRECISION MILLWRIGHT AND MACHINE, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-2080878
Net assets as of the end of the plan year2025-05-20848588
Total assets as of the beginning of the plan year2025-05-20704966
Value of plan covered by a fidelity bond2025-05-2025000
Participant contributions to plan in this plan year2025-05-2065735
Other income to plan in this plan year2025-05-20114627
Plan net income in this plan year2025-05-20143622
Net assets as of the end of the plan year2025-05-20848588
Net assets as of the beginning of the plan year2025-05-20704966
Employer contributions to plan in this plan year2025-05-2044138
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-209444
2024 : PRECISION MILLWRIGHT AND MACHINE, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-096566
Net assets as of the end of the plan year2024-07-09704966
Total assets as of the beginning of the plan year2024-07-09507421
Value of plan covered by a fidelity bond2024-07-0925000
Participant contributions to plan in this plan year2024-07-0967225
Other expenses paid from plan in this plan year2024-07-096566
Other contributions to plan in this plan year2024-07-0979266
Other income to plan in this plan year2024-07-0914397
Plan net income in this plan year2024-07-09197545
Net assets as of the end of the plan year2024-07-09704966
Net assets as of the beginning of the plan year2024-07-09507421
Employer contributions to plan in this plan year2024-07-0943223
2022 : PRECISION MILLWRIGHT AND MACHINE, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-2010927
Net assets as of the end of the plan year2022-09-20528320
Value of plan covered by a fidelity bond2022-09-2025000
Participant contributions to plan in this plan year2022-09-2030757
Other contributions to plan in this plan year2022-09-20474662
Other income to plan in this plan year2022-09-206538
Plan net income in this plan year2022-09-20528320
Net assets as of the end of the plan year2022-09-20528320
Net assets as of the beginning of the plan year2022-09-200
Employer contributions to plan in this plan year2022-09-2027290
Fees paid to broker by Benefit Provider2022-09-201070
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-201079

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