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PERMALOC CORPORATION 401k Plan overview

Plan NamePERMALOC CORPORATION
Plan identification number 001

PERMALOC CORPORATION 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

PERMALOC CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:PERMALOC CORPORATION
Employer identification number (EIN):382527852
NAIC Classification:561730
NAIC Description:Landscaping Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERMALOC CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NICK RICE2024-09-01
0012022-01-01SHIRLEY HORNER2023-07-13
0012021-01-01SHIRLEY HORNER2022-09-22

Financial Data on PERMALOC CORPORATION

Measure Date Value
2025 : PERMALOC CORPORATION 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-0139200
Net assets as of the end of the plan year2025-07-01629403
Total assets as of the beginning of the plan year2025-07-01382002
Value of plan covered by a fidelity bond2025-07-0139000
Participant contributions to plan in this plan year2025-07-01160853
Value of participant loans at end of plan year2025-07-0113308
Other income to plan in this plan year2025-07-0178372
Plan net income in this plan year2025-07-01247401
Net assets as of the end of the plan year2025-07-01629403
Net assets as of the beginning of the plan year2025-07-01382002
Employer contributions to plan in this plan year2025-07-0147376
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-013465
2024 : PERMALOC CORPORATION 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-0138046
Net assets as of the end of the plan year2024-09-01382002
Total assets as of the beginning of the plan year2024-09-01177342
Value of plan covered by a fidelity bond2024-09-0118000
Participant contributions to plan in this plan year2024-09-01133018
Value of participant loans at end of plan year2024-09-018208
Other contributions to plan in this plan year2024-09-013099
Other income to plan in this plan year2024-09-0155836
Plan net income in this plan year2024-09-01204660
Net assets as of the end of the plan year2024-09-01382002
Net assets as of the beginning of the plan year2024-09-01177342
Employer contributions to plan in this plan year2024-09-0150753
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-012650

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