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

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

PRECISION, INC. 401(K) 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PRECISION PULLEY & IDLER has sponsored the creation of one or more 401k plans.

Company Name:PRECISION PULLEY & IDLER
Employer identification number (EIN):421089098
NAIC Classification:339900

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-10-01
0012021-10-01
0012020-10-01
0012020-10-01
0012019-10-01
0012019-10-01
0012018-10-01
0012017-10-01
0012017-10-01
0012016-10-01LESLIE JOHNSTON LESLIE JOHNSTON2018-07-05
0012015-10-01PLAN SPONSOR
0012014-10-01GREG STRAVERS
0012013-10-01GREG STRAVERS GREG STRAVERS2015-07-13
0012012-10-01GREG STRAVERS GREG STRAVERS2014-07-09
0012011-10-01GREG STRAVERS GREG STRAVERS2013-07-12
0012010-10-01GREG STRAVERS
0012009-10-01GREG STRAVERS
0012008-10-01

Plan Statistics for PRECISION, INC. 401(K) PLAN

401k plan membership statisitcs for PRECISION, INC. 401(K) PLAN

Measure Date Value
2021: PRECISION, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-10-01866
Total number of active participants reported on line 7a of the Form 55002021-10-01775
Number of retired or separated participants receiving benefits2021-10-011
Number of other retired or separated participants entitled to future benefits2021-10-01110
Total of all active and inactive participants2021-10-01886
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-10-014
Total participants2021-10-01890
Number of participants with account balances2021-10-01842
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-10-010
2020: PRECISION, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-10-01890
Total number of active participants reported on line 7a of the Form 55002020-10-01696
Number of retired or separated participants receiving benefits2020-10-011
Number of other retired or separated participants entitled to future benefits2020-10-01144
Total of all active and inactive participants2020-10-01841
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-10-012
Total participants2020-10-01843
Number of participants with account balances2020-10-01792
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-10-010
2019: PRECISION, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-10-01969
Total number of active participants reported on line 7a of the Form 55002019-10-01821
Number of retired or separated participants receiving benefits2019-10-011
Number of other retired or separated participants entitled to future benefits2019-10-0161
Total of all active and inactive participants2019-10-01883
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-10-012
Total participants2019-10-01885
Number of participants with account balances2019-10-01832
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-10-010
2018: PRECISION, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-10-01760
Total number of active participants reported on line 7a of the Form 55002018-10-01909
Number of retired or separated participants receiving benefits2018-10-011
Number of other retired or separated participants entitled to future benefits2018-10-0146
Total of all active and inactive participants2018-10-01956
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-10-011
Total participants2018-10-01957
Number of participants with account balances2018-10-01891
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-10-010
2017: PRECISION, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-10-01685
Total number of active participants reported on line 7a of the Form 55002017-10-01700
Number of retired or separated participants receiving benefits2017-10-010
Number of other retired or separated participants entitled to future benefits2017-10-0143
Total of all active and inactive participants2017-10-01743
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-10-011
Total participants2017-10-01744
Number of participants with account balances2017-10-01690
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-10-010
2016: PRECISION, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-10-01658
Total number of active participants reported on line 7a of the Form 55002016-10-01574
Number of retired or separated participants receiving benefits2016-10-010
Number of other retired or separated participants entitled to future benefits2016-10-0135
Total of all active and inactive participants2016-10-01609
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-10-010
Total participants2016-10-01609
Number of participants with account balances2016-10-01569
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-10-010
2015: PRECISION, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-10-01615
Total number of active participants reported on line 7a of the Form 55002015-10-01570
Number of retired or separated participants receiving benefits2015-10-012
Number of other retired or separated participants entitled to future benefits2015-10-0186
Total of all active and inactive participants2015-10-01658
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-10-010
Total participants2015-10-01658
Number of participants with account balances2015-10-01613
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-10-0148
2014: PRECISION, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-10-01487
Total number of active participants reported on line 7a of the Form 55002014-10-01540
Number of retired or separated participants receiving benefits2014-10-012
Number of other retired or separated participants entitled to future benefits2014-10-0166
Total of all active and inactive participants2014-10-01608
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-10-010
Total participants2014-10-01608
Number of participants with account balances2014-10-01567
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-10-0148
2013: PRECISION, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-10-01462
Total number of active participants reported on line 7a of the Form 55002013-10-01440
Number of retired or separated participants receiving benefits2013-10-010
Number of other retired or separated participants entitled to future benefits2013-10-0138
Total of all active and inactive participants2013-10-01478
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-10-018
Total participants2013-10-01486
Number of participants with account balances2013-10-01458
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-10-010
2012: PRECISION, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-10-01450
Total number of active participants reported on line 7a of the Form 55002012-10-01410
Number of retired or separated participants receiving benefits2012-10-010
Number of other retired or separated participants entitled to future benefits2012-10-0142
Total of all active and inactive participants2012-10-01452
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-10-017
Total participants2012-10-01459
Number of participants with account balances2012-10-01451
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-10-010
2011: PRECISION, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-10-01410
Total number of active participants reported on line 7a of the Form 55002011-10-01399
Number of retired or separated participants receiving benefits2011-10-010
Number of other retired or separated participants entitled to future benefits2011-10-0135
Total of all active and inactive participants2011-10-01434
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-10-018
Total participants2011-10-01442
Number of participants with account balances2011-10-01311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-10-012
2010: PRECISION, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-10-01383
Total number of active participants reported on line 7a of the Form 55002010-10-01361
Number of retired or separated participants receiving benefits2010-10-010
Number of other retired or separated participants entitled to future benefits2010-10-0139
Total of all active and inactive participants2010-10-01400
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-10-014
Total participants2010-10-01404
Number of participants with account balances2010-10-01398
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-10-011
2009: PRECISION, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-10-01393
Total number of active participants reported on line 7a of the Form 55002009-10-01347
Number of retired or separated participants receiving benefits2009-10-011
Number of other retired or separated participants entitled to future benefits2009-10-0134
Total of all active and inactive participants2009-10-01382
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-010
Total participants2009-10-01382
Number of participants with account balances2009-10-01374
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-012

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

Measure Date Value
2022 : PRECISION, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-09-30$0
Total income from all sources (including contributions)2022-09-30$-4,205,984
Total loss/gain on sale of assets2022-09-30$0
Total of all expenses incurred2022-09-30$4,999,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-09-30$4,833,674
Value of total corrective distributions2022-09-30$22,408
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-09-30$3,548,065
Value of total assets at end of year2022-09-30$37,724,886
Value of total assets at beginning of year2022-09-30$46,930,136
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-09-30$143,184
Total interest from all sources2022-09-30$75,991
Total dividends received (eg from common stock, registered investment company shares)2022-09-30$478,131
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2022-09-30$478,131
Was this plan covered by a fidelity bond2022-09-30Yes
Value of fidelity bond cover2022-09-30$1,000,000
If this is an individual account plan, was there a blackout period2022-09-30No
Were there any nonexempt tranactions with any party-in-interest2022-09-30No
Contributions received from participants2022-09-30$2,267,099
Participant contributions at end of year2022-09-30$762,134
Participant contributions at beginning of year2022-09-30$814,194
Participant contributions at end of year2022-09-30$148,811
Income. Received or receivable in cash from other sources (including rollovers)2022-09-30$1,280,966
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-09-30$9,533
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Value of net income/loss2022-09-30$-9,205,250
Value of net assets at end of year (total assets less liabilities)2022-09-30$37,724,886
Value of net assets at beginning of year (total assets less liabilities)2022-09-30$46,930,136
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-09-30No
Were any leases to which the plan was party in default or uncollectible2022-09-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-09-30$33,598,137
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-09-30$42,654,941
Value of interest in pooled separate accounts at end of year2022-09-30$537,805
Value of interest in pooled separate accounts at beginning of year2022-09-30$753,571
Interest on participant loans2022-09-30$33,631
Interest earned on other investments2022-09-30$42,360
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-09-30$2,677,999
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-09-30$2,707,430
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-09-30$-8,216,723
Net investment gain/loss from pooled separate accounts2022-09-30$-91,448
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-09-30No
Was there a failure to transmit to the plan any participant contributions2022-09-30Yes
Has the plan failed to provide any benefit when due under the plan2022-09-30No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-09-30$4,824,141
Contract administrator fees2022-09-30$143,184
Did the plan have assets held for investment2022-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-09-30No
Opinion of an independent qualified public accountant for this plan2022-09-30Unqualified
Accountancy firm name2022-09-30RSM US LLP
Accountancy firm EIN2022-09-30420714325
2021 : PRECISION, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$0
Total income from all sources (including contributions)2021-09-30$13,404,129
Total loss/gain on sale of assets2021-09-30$0
Total of all expenses incurred2021-09-30$7,134,314
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-09-30$6,933,932
Value of total corrective distributions2021-09-30$48,547
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-09-30$4,712,970
Value of total assets at end of year2021-09-30$46,930,136
Value of total assets at beginning of year2021-09-30$40,660,321
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-09-30$151,835
Total interest from all sources2021-09-30$78,487
Total dividends received (eg from common stock, registered investment company shares)2021-09-30$507,197
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2021-09-30$507,197
Was this plan covered by a fidelity bond2021-09-30Yes
Value of fidelity bond cover2021-09-30$1,000,000
If this is an individual account plan, was there a blackout period2021-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-09-30$0
Were there any nonexempt tranactions with any party-in-interest2021-09-30No
Contributions received from participants2021-09-30$2,360,307
Participant contributions at end of year2021-09-30$814,194
Participant contributions at beginning of year2021-09-30$761,519
Income. Received or receivable in cash from other sources (including rollovers)2021-09-30$2,352,663
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-09-30$4,785
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Value of net income/loss2021-09-30$6,269,815
Value of net assets at end of year (total assets less liabilities)2021-09-30$46,930,136
Value of net assets at beginning of year (total assets less liabilities)2021-09-30$40,660,321
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-09-30No
Were any leases to which the plan was party in default or uncollectible2021-09-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-09-30$42,654,941
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-09-30$36,482,922
Value of interest in pooled separate accounts at end of year2021-09-30$753,571
Value of interest in pooled separate accounts at beginning of year2021-09-30$580,665
Interest on participant loans2021-09-30$40,361
Interest earned on other investments2021-09-30$38,126
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-09-30$2,707,430
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-09-30$2,835,215
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-09-30$7,980,008
Net investment gain/loss from pooled separate accounts2021-09-30$125,467
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-09-30No
Was there a failure to transmit to the plan any participant contributions2021-09-30No
Has the plan failed to provide any benefit when due under the plan2021-09-30No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-09-30$6,929,147
Contract administrator fees2021-09-30$151,835
Did the plan have assets held for investment2021-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-09-30No
Opinion of an independent qualified public accountant for this plan2021-09-30Disclaimer
Accountancy firm name2021-09-30RSM US LLP
Accountancy firm EIN2021-09-30420714325
2020 : PRECISION, INC. 401(K) PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-09-30$0
Total unrealized appreciation/depreciation of assets2020-09-30$0
Total transfer of assets to this plan2020-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$0
Total income from all sources (including contributions)2020-09-30$8,605,294
Total loss/gain on sale of assets2020-09-30$0
Total of all expenses incurred2020-09-30$3,483,487
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-09-30$3,280,204
Expenses. Certain deemed distributions of participant loans2020-09-30$0
Value of total corrective distributions2020-09-30$80,805
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-09-30$4,521,808
Value of total assets at end of year2020-09-30$40,660,321
Value of total assets at beginning of year2020-09-30$35,538,514
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-09-30$122,478
Total income from rents2020-09-30$0
Total interest from all sources2020-09-30$84,951
Total dividends received (eg from common stock, registered investment company shares)2020-09-30$524,232
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2020-09-30$524,232
Administrative expenses professional fees incurred2020-09-30$0
Was this plan covered by a fidelity bond2020-09-30Yes
Value of fidelity bond cover2020-09-30$1,000,000
If this is an individual account plan, was there a blackout period2020-09-30No
Were there any nonexempt tranactions with any party-in-interest2020-09-30No
Amount of non-exempt transactions with any party-in-interest2020-09-30$0
Contributions received from participants2020-09-30$2,125,917
Participant contributions at end of year2020-09-30$761,519
Participant contributions at beginning of year2020-09-30$902,177
Participant contributions at end of year2020-09-30$0
Participant contributions at beginning of year2020-09-30$53,789
Income. Received or receivable in cash from other sources (including rollovers)2020-09-30$2,395,891
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-09-30$0
Other income not declared elsewhere2020-09-30$-18,292
Administrative expenses (other) incurred2020-09-30$0
Liabilities. Value of operating payables at beginning of year2020-09-30$0
Total non interest bearing cash at end of year2020-09-30$0
Total non interest bearing cash at beginning of year2020-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Value of net income/loss2020-09-30$5,121,807
Value of net assets at end of year (total assets less liabilities)2020-09-30$40,660,321
Value of net assets at beginning of year (total assets less liabilities)2020-09-30$35,538,514
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2020-09-30No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2020-09-30$0
Were any leases to which the plan was party in default or uncollectible2020-09-30No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2020-09-30$0
Investment advisory and management fees2020-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-09-30$36,482,922
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-09-30$32,491,671
Value of interest in pooled separate accounts at end of year2020-09-30$580,665
Value of interest in pooled separate accounts at beginning of year2020-09-30$749,104
Interest on participant loans2020-09-30$46,167
Income. Interest from loans (other than to participants)2020-09-30$0
Interest earned on other investments2020-09-30$38,784
Income. Interest from US Government securities2020-09-30$0
Income. Interest from corporate debt instruments2020-09-30$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-09-30$2,835,215
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-09-30$1,341,773
Expenses. Payments to insurance carriers foe the provision of benefits2020-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-09-30$3,524,471
Net investment gain/loss from pooled separate accounts2020-09-30$-31,876
Net investment gain or loss from common/collective trusts2020-09-30$0
Net gain/loss from 103.12 investment entities2020-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-09-30No
Was there a failure to transmit to the plan any participant contributions2020-09-30Yes
Has the plan failed to provide any benefit when due under the plan2020-09-30No
Contributions received in cash from employer2020-09-30$0
Employer contributions (assets) at end of year2020-09-30$0
Employer contributions (assets) at beginning of year2020-09-30$0
Income. Dividends from preferred stock2020-09-30$0
Income. Dividends from common stock2020-09-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-09-30$3,280,204
Contract administrator fees2020-09-30$122,478
Liabilities. Value of benefit claims payable at beginning of year2020-09-30$0
Did the plan have assets held for investment2020-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-09-30No
Aggregate proceeds on sale of assets2020-09-30$0
Aggregate carrying amount (costs) on sale of assets2020-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-09-30Yes
Opinion of an independent qualified public accountant for this plan2020-09-30Disclaimer
Accountancy firm name2020-09-30RSM US LLP
Accountancy firm EIN2020-09-30420714325
2019 : PRECISION, INC. 401(K) PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-09-30$0
Total unrealized appreciation/depreciation of assets2019-09-30$0
Total transfer of assets to this plan2019-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-09-30$0
Total income from all sources (including contributions)2019-09-30$8,406,294
Total loss/gain on sale of assets2019-09-30$0
Total of all expenses incurred2019-09-30$3,033,684
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-09-30$2,910,256
Expenses. Certain deemed distributions of participant loans2019-09-30$0
Value of total corrective distributions2019-09-30$25,208
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-09-30$7,556,163
Value of total assets at end of year2019-09-30$35,538,514
Value of total assets at beginning of year2019-09-30$30,165,904
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-09-30$98,220
Total income from rents2019-09-30$0
Total interest from all sources2019-09-30$61,036
Total dividends received (eg from common stock, registered investment company shares)2019-09-30$398,078
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2019-09-30$398,078
Administrative expenses professional fees incurred2019-09-30$0
Was this plan covered by a fidelity bond2019-09-30Yes
Value of fidelity bond cover2019-09-30$1,000,000
If this is an individual account plan, was there a blackout period2019-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-09-30$0
Were there any nonexempt tranactions with any party-in-interest2019-09-30No
Amount of non-exempt transactions with any party-in-interest2019-09-30$0
Contributions received from participants2019-09-30$1,821,605
Participant contributions at end of year2019-09-30$902,177
Participant contributions at beginning of year2019-09-30$752,500
Participant contributions at end of year2019-09-30$53,789
Participant contributions at beginning of year2019-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2019-09-30$5,734,558
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-09-30$0
Other income not declared elsewhere2019-09-30$0
Administrative expenses (other) incurred2019-09-30$0
Liabilities. Value of operating payables at beginning of year2019-09-30$0
Total non interest bearing cash at end of year2019-09-30$0
Total non interest bearing cash at beginning of year2019-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-09-30No
Value of net income/loss2019-09-30$5,372,610
Value of net assets at end of year (total assets less liabilities)2019-09-30$35,538,514
Value of net assets at beginning of year (total assets less liabilities)2019-09-30$30,165,904
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2019-09-30No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2019-09-30$0
Were any leases to which the plan was party in default or uncollectible2019-09-30No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-09-30$0
Investment advisory and management fees2019-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-09-30$32,491,671
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-09-30$27,915,055
Value of interest in pooled separate accounts at end of year2019-09-30$749,104
Value of interest in pooled separate accounts at beginning of year2019-09-30$244,413
Interest on participant loans2019-09-30$40,867
Income. Interest from loans (other than to participants)2019-09-30$0
Interest earned on other investments2019-09-30$20,169
Income. Interest from US Government securities2019-09-30$0
Income. Interest from corporate debt instruments2019-09-30$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-09-30$1,341,773
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-09-30$1,253,936
Expenses. Payments to insurance carriers foe the provision of benefits2019-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-09-30$347,986
Net investment gain/loss from pooled separate accounts2019-09-30$43,031
Net investment gain or loss from common/collective trusts2019-09-30$0
Net gain/loss from 103.12 investment entities2019-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-09-30No
Was there a failure to transmit to the plan any participant contributions2019-09-30Yes
Has the plan failed to provide any benefit when due under the plan2019-09-30No
Contributions received in cash from employer2019-09-30$0
Employer contributions (assets) at end of year2019-09-30$0
Employer contributions (assets) at beginning of year2019-09-30$0
Income. Dividends from preferred stock2019-09-30$0
Income. Dividends from common stock2019-09-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-09-30$2,910,256
Contract administrator fees2019-09-30$98,220
Liabilities. Value of benefit claims payable at beginning of year2019-09-30$0
Did the plan have assets held for investment2019-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-09-30No
Aggregate proceeds on sale of assets2019-09-30$0
Aggregate carrying amount (costs) on sale of assets2019-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-09-30Yes
Opinion of an independent qualified public accountant for this plan2019-09-30Disclaimer
Accountancy firm name2019-09-30RSM US LLP
Accountancy firm EIN2019-09-30420714325
2018 : PRECISION, INC. 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2018-09-30$0
Total unrealized appreciation/depreciation of assets2018-09-30$0
Total transfer of assets to this plan2018-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-09-30$0
Expenses. Interest paid2018-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-09-30$0
Total income from all sources (including contributions)2018-09-30$4,856,734
Total loss/gain on sale of assets2018-09-30$0
Total of all expenses incurred2018-09-30$1,692,699
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-09-30$1,568,918
Expenses. Certain deemed distributions of participant loans2018-09-30$0
Value of total corrective distributions2018-09-30$30,347
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-09-30$2,081,405
Value of total assets at end of year2018-09-30$30,165,904
Value of total assets at beginning of year2018-09-30$27,001,869
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-09-30$93,434
Total income from rents2018-09-30$0
Total interest from all sources2018-09-30$55,773
Total dividends received (eg from common stock, registered investment company shares)2018-09-30$333,715
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2018-09-30$333,715
Administrative expenses professional fees incurred2018-09-30$0
Was this plan covered by a fidelity bond2018-09-30Yes
Value of fidelity bond cover2018-09-30$1,000,000
If this is an individual account plan, was there a blackout period2018-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-09-30$0
Were there any nonexempt tranactions with any party-in-interest2018-09-30No
Amount of non-exempt transactions with any party-in-interest2018-09-30$0
Contributions received from participants2018-09-30$1,624,780
Participant contributions at end of year2018-09-30$752,500
Participant contributions at beginning of year2018-09-30$831,098
Participant contributions at end of year2018-09-30$0
Participant contributions at beginning of year2018-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2018-09-30$456,625
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-09-30$0
Other income not declared elsewhere2018-09-30$0
Administrative expenses (other) incurred2018-09-30$0
Liabilities. Value of operating payables at beginning of year2018-09-30$0
Total non interest bearing cash at end of year2018-09-30$0
Total non interest bearing cash at beginning of year2018-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-09-30No
Income. Non cash contributions2018-09-30$0
Value of net income/loss2018-09-30$3,164,035
Value of net assets at end of year (total assets less liabilities)2018-09-30$30,165,904
Value of net assets at beginning of year (total assets less liabilities)2018-09-30$27,001,869
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2018-09-30No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2018-09-30$0
Were any leases to which the plan was party in default or uncollectible2018-09-30No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2018-09-30$0
Investment advisory and management fees2018-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-09-30$27,915,055
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-09-30$24,728,771
Value of interest in pooled separate accounts at end of year2018-09-30$244,413
Value of interest in pooled separate accounts at beginning of year2018-09-30$208,154
Interest on participant loans2018-09-30$34,692
Income. Interest from loans (other than to participants)2018-09-30$0
Interest earned on other investments2018-09-30$21,081
Income. Interest from US Government securities2018-09-30$0
Income. Interest from corporate debt instruments2018-09-30$0
Value of interest in common/collective trusts at end of year2018-09-30$0
Value of interest in common/collective trusts at beginning of year2018-09-30$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-09-30$1,253,936
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-09-30$1,233,846
Expenses. Payments to insurance carriers foe the provision of benefits2018-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-09-30$2,378,099
Net investment gain/loss from pooled separate accounts2018-09-30$7,742
Net investment gain or loss from common/collective trusts2018-09-30$0
Net gain/loss from 103.12 investment entities2018-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-09-30No
Was there a failure to transmit to the plan any participant contributions2018-09-30Yes
Has the plan failed to provide any benefit when due under the plan2018-09-30No
Contributions received in cash from employer2018-09-30$0
Employer contributions (assets) at end of year2018-09-30$0
Employer contributions (assets) at beginning of year2018-09-30$0
Income. Dividends from preferred stock2018-09-30$0
Income. Dividends from common stock2018-09-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-09-30$1,568,918
Contract administrator fees2018-09-30$93,434
Liabilities. Value of benefit claims payable at beginning of year2018-09-30$0
Did the plan have assets held for investment2018-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-09-30No
Aggregate proceeds on sale of assets2018-09-30$0
Aggregate carrying amount (costs) on sale of assets2018-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2018-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-09-30Yes
Opinion of an independent qualified public accountant for this plan2018-09-30Disclaimer
Accountancy firm name2018-09-30RSM US LLP
Accountancy firm EIN2018-09-30420714325
2017 : PRECISION, INC. 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2017-09-30$0
Total unrealized appreciation/depreciation of assets2017-09-30$0
Total transfer of assets to this plan2017-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-09-30$0
Expenses. Interest paid2017-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-09-30$0
Total income from all sources (including contributions)2017-09-30$7,064,566
Total loss/gain on sale of assets2017-09-30$0
Total of all expenses incurred2017-09-30$1,659,136
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-09-30$1,528,618
Expenses. Certain deemed distributions of participant loans2017-09-30$0
Value of total corrective distributions2017-09-30$53,165
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-09-30$3,970,004
Value of total assets at end of year2017-09-30$27,001,869
Value of total assets at beginning of year2017-09-30$21,596,439
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-09-30$77,353
Total income from rents2017-09-30$0
Total interest from all sources2017-09-30$41,815
Total dividends received (eg from common stock, registered investment company shares)2017-09-30$266,317
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2017-09-30$266,317
Administrative expenses professional fees incurred2017-09-30$0
Was this plan covered by a fidelity bond2017-09-30Yes
Value of fidelity bond cover2017-09-30$1,000,000
If this is an individual account plan, was there a blackout period2017-09-30Yes
Were there any nonexempt tranactions with any party-in-interest2017-09-30No
Amount of non-exempt transactions with any party-in-interest2017-09-30$0
Contributions received from participants2017-09-30$1,216,204
Participant contributions at end of year2017-09-30$831,098
Participant contributions at beginning of year2017-09-30$741,470
Participant contributions at end of year2017-09-30$0
Participant contributions at beginning of year2017-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2017-09-30$2,753,800
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-09-30$16
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-09-30$0
Other income not declared elsewhere2017-09-30$142
Administrative expenses (other) incurred2017-09-30$0
Liabilities. Value of operating payables at beginning of year2017-09-30$0
Total non interest bearing cash at end of year2017-09-30$0
Total non interest bearing cash at beginning of year2017-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-09-30No
Income. Non cash contributions2017-09-30$0
Value of net income/loss2017-09-30$5,405,430
Value of net assets at end of year (total assets less liabilities)2017-09-30$27,001,869
Value of net assets at beginning of year (total assets less liabilities)2017-09-30$21,596,439
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2017-09-30No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2017-09-30$0
Were any leases to which the plan was party in default or uncollectible2017-09-30No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2017-09-30$0
Investment advisory and management fees2017-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-09-30$24,728,771
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-09-30$19,526,999
Value of interest in pooled separate accounts at end of year2017-09-30$208,154
Value of interest in pooled separate accounts at beginning of year2017-09-30$0
Interest on participant loans2017-09-30$34,787
Income. Interest from loans (other than to participants)2017-09-30$0
Interest earned on other investments2017-09-30$7,028
Income. Interest from US Government securities2017-09-30$0
Income. Interest from corporate debt instruments2017-09-30$0
Value of interest in common/collective trusts at end of year2017-09-30$0
Value of interest in common/collective trusts at beginning of year2017-09-30$958,090
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-09-30$1,233,846
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-09-30$369,880
Expenses. Payments to insurance carriers foe the provision of benefits2017-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-09-30$2,770,408
Net investment gain/loss from pooled separate accounts2017-09-30$11,797
Net investment gain or loss from common/collective trusts2017-09-30$4,083
Net gain/loss from 103.12 investment entities2017-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-09-30No
Was there a failure to transmit to the plan any participant contributions2017-09-30Yes
Has the plan failed to provide any benefit when due under the plan2017-09-30No
Contributions received in cash from employer2017-09-30$0
Employer contributions (assets) at end of year2017-09-30$0
Employer contributions (assets) at beginning of year2017-09-30$0
Income. Dividends from preferred stock2017-09-30$0
Income. Dividends from common stock2017-09-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-09-30$1,528,602
Contract administrator fees2017-09-30$77,353
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-09-30Yes
Liabilities. Value of benefit claims payable at beginning of year2017-09-30$0
Did the plan have assets held for investment2017-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-09-30No
Aggregate proceeds on sale of assets2017-09-30$0
Aggregate carrying amount (costs) on sale of assets2017-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2017-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-09-30Yes
Opinion of an independent qualified public accountant for this plan2017-09-30Disclaimer
Accountancy firm name2017-09-30RSM US LLP
Accountancy firm EIN2017-09-30420714325
2016 : PRECISION, INC. 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-09-30$0
Total unrealized appreciation/depreciation of assets2016-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-09-30$0
Expenses. Interest paid2016-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-09-30$0
Total income from all sources (including contributions)2016-09-30$3,291,598
Total loss/gain on sale of assets2016-09-30$0
Total of all expenses incurred2016-09-30$1,989,007
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-09-30$1,906,867
Expenses. Certain deemed distributions of participant loans2016-09-30$0
Value of total corrective distributions2016-09-30$48,855
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-09-30$1,115,355
Value of total assets at end of year2016-09-30$21,596,439
Value of total assets at beginning of year2016-09-30$20,293,848
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-09-30$33,285
Total income from rents2016-09-30$0
Total interest from all sources2016-09-30$35,330
Total dividends received (eg from common stock, registered investment company shares)2016-09-30$971,975
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2016-09-30$971,975
Assets. Real estate other than employer real property at end of year2016-09-30$0
Assets. Real estate other than employer real property at beginning of year2016-09-30$0
Administrative expenses professional fees incurred2016-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2016-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2016-09-30$0
Was this plan covered by a fidelity bond2016-09-30Yes
Value of fidelity bond cover2016-09-30$1,000,000
If this is an individual account plan, was there a blackout period2016-09-30Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-09-30$0
Were there any nonexempt tranactions with any party-in-interest2016-09-30No
Contributions received from participants2016-09-30$1,115,355
Participant contributions at end of year2016-09-30$741,470
Participant contributions at beginning of year2016-09-30$818,482
Participant contributions at end of year2016-09-30$0
Participant contributions at beginning of year2016-09-30$0
Assets. Other investments not covered elsewhere at end of year2016-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2016-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2016-09-30$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-09-30$0
Assets. Loans (other than to participants) at end of year2016-09-30$0
Assets. Loans (other than to participants) at beginning of year2016-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-09-30$0
Other income not declared elsewhere2016-09-30$0
Administrative expenses (other) incurred2016-09-30$0
Total non interest bearing cash at end of year2016-09-30$0
Total non interest bearing cash at beginning of year2016-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-09-30No
Income. Non cash contributions2016-09-30$0
Value of net income/loss2016-09-30$1,302,591
Value of net assets at end of year (total assets less liabilities)2016-09-30$21,596,439
Value of net assets at beginning of year (total assets less liabilities)2016-09-30$20,293,848
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2016-09-30No
Were any leases to which the plan was party in default or uncollectible2016-09-30No
Assets. partnership/joint venture interests at end of year2016-09-30$0
Assets. partnership/joint venture interests at beginning of year2016-09-30$0
Investment advisory and management fees2016-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-09-30$19,526,999
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-09-30$17,941,289
Interest on participant loans2016-09-30$29,736
Income. Interest from loans (other than to participants)2016-09-30$0
Interest earned on other investments2016-09-30$5,594
Income. Interest from US Government securities2016-09-30$0
Income. Interest from corporate debt instruments2016-09-30$0
Value of interest in master investment trust accounts at end of year2016-09-30$0
Value of interest in master investment trust accounts at beginning of year2016-09-30$0
Value of interest in common/collective trusts at end of year2016-09-30$958,090
Value of interest in common/collective trusts at beginning of year2016-09-30$1,038,978
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-09-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-09-30$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-09-30$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-09-30$0
Assets. Value of investments in 103.12 investment entities at end of year2016-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2016-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-09-30$369,880
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-09-30$495,099
Expenses. Payments to insurance carriers foe the provision of benefits2016-09-30$0
Asset value of US Government securities at end of year2016-09-30$0
Asset value of US Government securities at beginning of year2016-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-09-30$1,162,258
Net investment gain/loss from pooled separate accounts2016-09-30$0
Net investment gain or loss from common/collective trusts2016-09-30$6,680
Net gain/loss from 103.12 investment entities2016-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-09-30No
Was there a failure to transmit to the plan any participant contributions2016-09-30No
Has the plan failed to provide any benefit when due under the plan2016-09-30No
Assets. Invements in employer securities at end of year2016-09-30$0
Assets. Invements in employer securities at beginning of year2016-09-30$0
Assets. Value of employer real property at end of year2016-09-30$0
Assets. Value of employer real property at beginning of year2016-09-30$0
Contributions received in cash from employer2016-09-30$0
Employer contributions (assets) at end of year2016-09-30$0
Employer contributions (assets) at beginning of year2016-09-30$0
Income. Dividends from preferred stock2016-09-30$0
Income. Dividends from common stock2016-09-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-09-30$1,906,867
Asset. Corporate debt instrument preferred debt at end of year2016-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2016-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2016-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2016-09-30$0
Contract administrator fees2016-09-30$33,285
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-09-30Yes
Assets. Corporate common stocks other than exployer securities at end of year2016-09-30$0
Assets. Corporate common stocks other than exployer securities at beginning of year2016-09-30$0
Liabilities. Value of benefit claims payable at end of year2016-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2016-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2016-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2016-09-30$0
Did the plan have assets held for investment2016-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-09-30No
Aggregate proceeds on sale of assets2016-09-30$0
Aggregate carrying amount (costs) on sale of assets2016-09-30$0
Liabilities. Value of acquisition indebtedness at end of year2016-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2016-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-09-30Yes
Opinion of an independent qualified public accountant for this plan2016-09-30Disclaimer
Accountancy firm name2016-09-30MCGLADREY
Accountancy firm EIN2016-09-30420714325
2015 : PRECISION, INC. 401(K) PLAN 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets2015-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2015-09-30$0
Total unrealized appreciation/depreciation of assets2015-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-09-30$0
Expenses. Interest paid2015-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022015-09-30$0
Total income from all sources (including contributions)2015-09-30$1,454,172
Total loss/gain on sale of assets2015-09-30$0
Total of all expenses incurred2015-09-30$1,909,809
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-09-30$1,867,189
Expenses. Certain deemed distributions of participant loans2015-09-30$2,101
Value of total corrective distributions2015-09-30$34,235
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-09-30$1,774,203
Value of total assets at end of year2015-09-30$20,293,848
Value of total assets at beginning of year2015-09-30$20,749,485
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-09-30$6,284
Total income from rents2015-09-30$0
Total interest from all sources2015-09-30$32,477
Total dividends received (eg from common stock, registered investment company shares)2015-09-30$783,785
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2015-09-30$783,785
Assets. Real estate other than employer real property at end of year2015-09-30$0
Assets. Real estate other than employer real property at beginning of year2015-09-30$0
Administrative expenses professional fees incurred2015-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2015-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2015-09-30$0
Was this plan covered by a fidelity bond2015-09-30Yes
Value of fidelity bond cover2015-09-30$1,000,000
If this is an individual account plan, was there a blackout period2015-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-09-30$0
Were there any nonexempt tranactions with any party-in-interest2015-09-30No
Contributions received from participants2015-09-30$1,014,116
Participant contributions at end of year2015-09-30$818,482
Participant contributions at beginning of year2015-09-30$733,230
Participant contributions at end of year2015-09-30$0
Participant contributions at beginning of year2015-09-30$0
Assets. Other investments not covered elsewhere at end of year2015-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2015-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2015-09-30$760,087
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-09-30$0
Assets. Loans (other than to participants) at end of year2015-09-30$0
Assets. Loans (other than to participants) at beginning of year2015-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-09-30$0
Other income not declared elsewhere2015-09-30$-259,540
Administrative expenses (other) incurred2015-09-30$0
Total non interest bearing cash at end of year2015-09-30$0
Total non interest bearing cash at beginning of year2015-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-09-30No
Income. Non cash contributions2015-09-30$0
Value of net income/loss2015-09-30$-455,637
Value of net assets at end of year (total assets less liabilities)2015-09-30$20,293,848
Value of net assets at beginning of year (total assets less liabilities)2015-09-30$20,749,485
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2015-09-30No
Were any leases to which the plan was party in default or uncollectible2015-09-30No
Assets. partnership/joint venture interests at end of year2015-09-30$0
Assets. partnership/joint venture interests at beginning of year2015-09-30$0
Investment advisory and management fees2015-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-09-30$17,941,289
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-09-30$18,459,843
Value of interest in pooled separate accounts at end of year2015-09-30$0
Value of interest in pooled separate accounts at beginning of year2015-09-30$0
Interest on participant loans2015-09-30$30,126
Income. Interest from loans (other than to participants)2015-09-30$0
Interest earned on other investments2015-09-30$2,351
Income. Interest from US Government securities2015-09-30$0
Income. Interest from corporate debt instruments2015-09-30$0
Value of interest in master investment trust accounts at end of year2015-09-30$0
Value of interest in master investment trust accounts at beginning of year2015-09-30$0
Value of interest in common/collective trusts at end of year2015-09-30$1,038,978
Value of interest in common/collective trusts at beginning of year2015-09-30$1,556,412
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-09-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-09-30$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-09-30$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-09-30$0
Assets. Value of investments in 103.12 investment entities at end of year2015-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2015-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-09-30$495,099
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-09-30$0
Expenses. Payments to insurance carriers foe the provision of benefits2015-09-30$0
Asset value of US Government securities at end of year2015-09-30$0
Asset value of US Government securities at beginning of year2015-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-09-30$-883,462
Net investment gain/loss from pooled separate accounts2015-09-30$0
Net investment gain or loss from common/collective trusts2015-09-30$6,709
Net gain/loss from 103.12 investment entities2015-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-09-30No
Was there a failure to transmit to the plan any participant contributions2015-09-30No
Has the plan failed to provide any benefit when due under the plan2015-09-30No
Assets. Invements in employer securities at end of year2015-09-30$0
Assets. Invements in employer securities at beginning of year2015-09-30$0
Assets. Value of employer real property at end of year2015-09-30$0
Assets. Value of employer real property at beginning of year2015-09-30$0
Contributions received in cash from employer2015-09-30$0
Employer contributions (assets) at end of year2015-09-30$0
Employer contributions (assets) at beginning of year2015-09-30$0
Income. Dividends from preferred stock2015-09-30$0
Income. Dividends from common stock2015-09-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-09-30$1,867,189
Asset. Corporate debt instrument preferred debt at end of year2015-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2015-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2015-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2015-09-30$0
Contract administrator fees2015-09-30$6,284
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2015-09-30$0
Assets. Corporate common stocks other than exployer securities at beginning of year2015-09-30$0
Liabilities. Value of benefit claims payable at end of year2015-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2015-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2015-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2015-09-30$0
Did the plan have assets held for investment2015-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-09-30No
Aggregate proceeds on sale of assets2015-09-30$0
Aggregate carrying amount (costs) on sale of assets2015-09-30$0
Liabilities. Value of acquisition indebtedness at end of year2015-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2015-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-09-30Yes
Opinion of an independent qualified public accountant for this plan2015-09-30Disclaimer
Accountancy firm name2015-09-30MCGLADREY, LLP
Accountancy firm EIN2015-09-30420714325
2014 : PRECISION, INC. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-09-30$0
Total income from all sources (including contributions)2014-09-30$2,984,968
Total loss/gain on sale of assets2014-09-30$0
Total of all expenses incurred2014-09-30$4,040,390
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-09-30$3,978,534
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-09-30$1,105,703
Value of total assets at end of year2014-09-30$20,749,485
Value of total assets at beginning of year2014-09-30$21,804,907
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-09-30$61,856
Total interest from all sources2014-09-30$31,158
Total dividends received (eg from common stock, registered investment company shares)2014-09-30$228,908
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2014-09-30$228,908
Was this plan covered by a fidelity bond2014-09-30Yes
Value of fidelity bond cover2014-09-30$2,000,000
If this is an individual account plan, was there a blackout period2014-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-09-30$0
Were there any nonexempt tranactions with any party-in-interest2014-09-30No
Contributions received from participants2014-09-30$846,032
Participant contributions at end of year2014-09-30$733,230
Participant contributions at beginning of year2014-09-30$693,106
Income. Received or receivable in cash from other sources (including rollovers)2014-09-30$257,945
Other income not declared elsewhere2014-09-30$260
Administrative expenses (other) incurred2014-09-30$61,856
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-09-30No
Value of net income/loss2014-09-30$-1,055,422
Value of net assets at end of year (total assets less liabilities)2014-09-30$20,749,485
Value of net assets at beginning of year (total assets less liabilities)2014-09-30$21,804,907
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2014-09-30No
Were any leases to which the plan was party in default or uncollectible2014-09-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-09-30$18,459,843
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-09-30$18,833,737
Interest on participant loans2014-09-30$31,158
Value of interest in common/collective trusts at end of year2014-09-30$1,556,412
Value of interest in common/collective trusts at beginning of year2014-09-30$2,278,064
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-09-30$1,582,937
Net investment gain or loss from common/collective trusts2014-09-30$36,002
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-09-30No
Was there a failure to transmit to the plan any participant contributions2014-09-30No
Has the plan failed to provide any benefit when due under the plan2014-09-30No
Contributions received in cash from employer2014-09-30$1,726
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-09-30$3,978,534
Did the plan have assets held for investment2014-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-09-30Yes
Opinion of an independent qualified public accountant for this plan2014-09-30Disclaimer
Accountancy firm name2014-09-30MCGLADREY, LLP
Accountancy firm EIN2014-09-30420714325
2013 : PRECISION, INC. 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-09-30$0
Total income from all sources (including contributions)2013-09-30$3,463,783
Total loss/gain on sale of assets2013-09-30$0
Total of all expenses incurred2013-09-30$752,467
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-09-30$697,707
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-09-30$820,807
Value of total assets at end of year2013-09-30$21,804,907
Value of total assets at beginning of year2013-09-30$19,093,591
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-09-30$54,760
Total interest from all sources2013-09-30$24,888
Total dividends received (eg from common stock, registered investment company shares)2013-09-30$221,812
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2013-09-30$221,812
Was this plan covered by a fidelity bond2013-09-30Yes
Value of fidelity bond cover2013-09-30$2,000,000
If this is an individual account plan, was there a blackout period2013-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-09-30$0
Were there any nonexempt tranactions with any party-in-interest2013-09-30No
Contributions received from participants2013-09-30$811,175
Participant contributions at end of year2013-09-30$693,106
Participant contributions at beginning of year2013-09-30$648,913
Income. Received or receivable in cash from other sources (including rollovers)2013-09-30$9,632
Administrative expenses (other) incurred2013-09-30$54,760
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-09-30No
Value of net income/loss2013-09-30$2,711,316
Value of net assets at end of year (total assets less liabilities)2013-09-30$21,804,907
Value of net assets at beginning of year (total assets less liabilities)2013-09-30$19,093,591
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2013-09-30No
Were any leases to which the plan was party in default or uncollectible2013-09-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-09-30$18,833,737
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-09-30$15,704,958
Interest on participant loans2013-09-30$24,888
Value of interest in common/collective trusts at end of year2013-09-30$2,278,064
Value of interest in common/collective trusts at beginning of year2013-09-30$2,739,720
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-09-30$2,324,586
Net investment gain or loss from common/collective trusts2013-09-30$71,690
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-09-30No
Was there a failure to transmit to the plan any participant contributions2013-09-30No
Has the plan failed to provide any benefit when due under the plan2013-09-30No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-09-30$697,707
Did the plan have assets held for investment2013-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-09-30Yes
Opinion of an independent qualified public accountant for this plan2013-09-30Disclaimer
Accountancy firm name2013-09-30MCGOWEN HURST CLARK & SMITH, P.C.
Accountancy firm EIN2013-09-30421140447
2012 : PRECISION, INC. 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-09-30$0
Total income from all sources (including contributions)2012-09-30$3,455,678
Total loss/gain on sale of assets2012-09-30$0
Total of all expenses incurred2012-09-30$564,947
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-09-30$497,344
Value of total corrective distributions2012-09-30$16,929
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-09-30$786,196
Value of total assets at end of year2012-09-30$19,093,591
Value of total assets at beginning of year2012-09-30$16,202,860
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-09-30$50,674
Total interest from all sources2012-09-30$28,177
Total dividends received (eg from common stock, registered investment company shares)2012-09-30$202,548
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2012-09-30$202,548
Was this plan covered by a fidelity bond2012-09-30Yes
Value of fidelity bond cover2012-09-30$1,500,000
If this is an individual account plan, was there a blackout period2012-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-09-30$0
Were there any nonexempt tranactions with any party-in-interest2012-09-30No
Contributions received from participants2012-09-30$766,304
Participant contributions at end of year2012-09-30$648,913
Participant contributions at beginning of year2012-09-30$625,996
Income. Received or receivable in cash from other sources (including rollovers)2012-09-30$19,892
Administrative expenses (other) incurred2012-09-30$50,674
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-09-30No
Value of net income/loss2012-09-30$2,890,731
Value of net assets at end of year (total assets less liabilities)2012-09-30$19,093,591
Value of net assets at beginning of year (total assets less liabilities)2012-09-30$16,202,860
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2012-09-30No
Were any leases to which the plan was party in default or uncollectible2012-09-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-09-30$15,704,958
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-09-30$12,892,209
Interest on participant loans2012-09-30$28,177
Value of interest in common/collective trusts at end of year2012-09-30$2,739,720
Value of interest in common/collective trusts at beginning of year2012-09-30$2,684,655
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-09-30$2,376,689
Net investment gain or loss from common/collective trusts2012-09-30$62,068
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-09-30No
Was there a failure to transmit to the plan any participant contributions2012-09-30No
Has the plan failed to provide any benefit when due under the plan2012-09-30No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-09-30$497,344
Did the plan have assets held for investment2012-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-09-30Yes
Opinion of an independent qualified public accountant for this plan2012-09-30Disclaimer
Accountancy firm name2012-09-30MCGOWEN HURST CLARK & SMITH, P.C.
Accountancy firm EIN2012-09-30421140447
2011 : PRECISION, INC. 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-09-30$0
Total income from all sources (including contributions)2011-09-30$508,641
Total loss/gain on sale of assets2011-09-30$0
Total of all expenses incurred2011-09-30$1,143,113
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-09-30$1,075,052
Value of total corrective distributions2011-09-30$29,215
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-09-30$736,921
Value of total assets at end of year2011-09-30$16,202,860
Value of total assets at beginning of year2011-09-30$16,837,332
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-09-30$38,846
Total interest from all sources2011-09-30$23,700
Total dividends received (eg from common stock, registered investment company shares)2011-09-30$203,641
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2011-09-30$203,641
Was this plan covered by a fidelity bond2011-09-30Yes
Value of fidelity bond cover2011-09-30$1,500,000
If this is an individual account plan, was there a blackout period2011-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-30$0
Were there any nonexempt tranactions with any party-in-interest2011-09-30No
Contributions received from participants2011-09-30$736,921
Participant contributions at end of year2011-09-30$625,996
Participant contributions at beginning of year2011-09-30$412,539
Participant contributions at beginning of year2011-09-30$7,197
Other income not declared elsewhere2011-09-30$38,517
Administrative expenses (other) incurred2011-09-30$38,846
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-09-30No
Value of net income/loss2011-09-30$-634,472
Value of net assets at end of year (total assets less liabilities)2011-09-30$16,202,860
Value of net assets at beginning of year (total assets less liabilities)2011-09-30$16,837,332
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2011-09-30No
Were any leases to which the plan was party in default or uncollectible2011-09-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-09-30$12,892,209
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-09-30$13,624,917
Interest on participant loans2011-09-30$23,700
Value of interest in common/collective trusts at end of year2011-09-30$2,684,655
Value of interest in common/collective trusts at beginning of year2011-09-30$2,792,679
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-09-30$-543,142
Net investment gain or loss from common/collective trusts2011-09-30$49,004
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-09-30No
Was there a failure to transmit to the plan any participant contributions2011-09-30No
Has the plan failed to provide any benefit when due under the plan2011-09-30No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-09-30$1,075,052
Did the plan have assets held for investment2011-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-09-30Yes
Opinion of an independent qualified public accountant for this plan2011-09-30Disclaimer
Accountancy firm name2011-09-30MCGOWEN HURST CLARK & SMITH, P.C.
Accountancy firm EIN2011-09-30421140447
2010 : PRECISION, INC. 401(K) PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-09-30$0

Form 5500 Responses for PRECISION, INC. 401(K) PLAN

2021: PRECISION, INC. 401(K) PLAN 2021 form 5500 responses
2021-10-01Type of plan entitySingle employer plan
2021-10-01Submission has been amendedYes
2021-10-01This submission is the final filingNo
2021-10-01This return/report is a short plan year return/report (less than 12 months)No
2021-10-01Plan is a collectively bargained planNo
2021-10-01Plan funding arrangement – InsuranceYes
2021-10-01Plan funding arrangement – TrustYes
2021-10-01Plan benefit arrangement – InsuranceYes
2021-10-01Plan benefit arrangement - TrustYes
2020: PRECISION, INC. 401(K) PLAN 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Submission has been amendedYes
2020-10-01This submission is the final filingNo
2020-10-01This return/report is a short plan year return/report (less than 12 months)No
2020-10-01Plan is a collectively bargained planNo
2020-10-01Plan funding arrangement – InsuranceYes
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement – InsuranceYes
2020-10-01Plan benefit arrangement - TrustYes
2019: PRECISION, INC. 401(K) PLAN 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01Submission has been amendedYes
2019-10-01This submission is the final filingNo
2019-10-01This return/report is a short plan year return/report (less than 12 months)No
2019-10-01Plan is a collectively bargained planNo
2019-10-01Plan funding arrangement – InsuranceYes
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement – InsuranceYes
2019-10-01Plan benefit arrangement - TrustYes
2018: PRECISION, INC. 401(K) PLAN 2018 form 5500 responses
2018-10-01Type of plan entitySingle employer plan
2018-10-01This submission is the final filingNo
2018-10-01This return/report is a short plan year return/report (less than 12 months)No
2018-10-01Plan is a collectively bargained planNo
2018-10-01Plan funding arrangement – InsuranceYes
2018-10-01Plan funding arrangement – TrustYes
2018-10-01Plan benefit arrangement – InsuranceYes
2018-10-01Plan benefit arrangement - TrustYes
2017: PRECISION, INC. 401(K) PLAN 2017 form 5500 responses
2017-10-01Type of plan entitySingle employer plan
2017-10-01Submission has been amendedYes
2017-10-01This submission is the final filingNo
2017-10-01This return/report is a short plan year return/report (less than 12 months)No
2017-10-01Plan is a collectively bargained planNo
2017-10-01Plan funding arrangement – InsuranceYes
2017-10-01Plan funding arrangement – TrustYes
2017-10-01Plan benefit arrangement – InsuranceYes
2017-10-01Plan benefit arrangement - TrustYes
2016: PRECISION, INC. 401(K) PLAN 2016 form 5500 responses
2016-10-01Type of plan entitySingle employer plan
2016-10-01This submission is the final filingNo
2016-10-01This return/report is a short plan year return/report (less than 12 months)No
2016-10-01Plan is a collectively bargained planNo
2016-10-01Plan funding arrangement – InsuranceYes
2016-10-01Plan funding arrangement – TrustYes
2016-10-01Plan benefit arrangement – InsuranceYes
2016-10-01Plan benefit arrangement - TrustYes
2015: PRECISION, INC. 401(K) PLAN 2015 form 5500 responses
2015-10-01Type of plan entitySingle employer plan
2015-10-01Submission has been amendedNo
2015-10-01This submission is the final filingNo
2015-10-01This return/report is a short plan year return/report (less than 12 months)No
2015-10-01Plan is a collectively bargained planNo
2015-10-01Plan funding arrangement – InsuranceYes
2015-10-01Plan funding arrangement – TrustYes
2015-10-01Plan benefit arrangement – InsuranceYes
2015-10-01Plan benefit arrangement - TrustYes
2014: PRECISION, INC. 401(K) PLAN 2014 form 5500 responses
2014-10-01Type of plan entitySingle employer plan
2014-10-01Submission has been amendedNo
2014-10-01This submission is the final filingNo
2014-10-01This return/report is a short plan year return/report (less than 12 months)No
2014-10-01Plan is a collectively bargained planNo
2014-10-01Plan funding arrangement – InsuranceYes
2014-10-01Plan funding arrangement – TrustYes
2014-10-01Plan benefit arrangement – InsuranceYes
2014-10-01Plan benefit arrangement - TrustYes
2013: PRECISION, INC. 401(K) PLAN 2013 form 5500 responses
2013-10-01Type of plan entitySingle employer plan
2013-10-01Submission has been amendedNo
2013-10-01This submission is the final filingNo
2013-10-01This return/report is a short plan year return/report (less than 12 months)No
2013-10-01Plan is a collectively bargained planNo
2013-10-01Plan funding arrangement – TrustYes
2013-10-01Plan benefit arrangement - TrustYes
2012: PRECISION, INC. 401(K) PLAN 2012 form 5500 responses
2012-10-01Type of plan entitySingle employer plan
2012-10-01Submission has been amendedNo
2012-10-01This submission is the final filingNo
2012-10-01This return/report is a short plan year return/report (less than 12 months)No
2012-10-01Plan is a collectively bargained planNo
2012-10-01Plan funding arrangement – TrustYes
2012-10-01Plan benefit arrangement - TrustYes
2011: PRECISION, INC. 401(K) PLAN 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Submission has been amendedNo
2011-10-01This submission is the final filingNo
2011-10-01This return/report is a short plan year return/report (less than 12 months)No
2011-10-01Plan is a collectively bargained planNo
2011-10-01Plan funding arrangement – TrustYes
2011-10-01Plan benefit arrangement - TrustYes
2010: PRECISION, INC. 401(K) PLAN 2010 form 5500 responses
2010-10-01Type of plan entitySingle employer plan
2010-10-01Submission has been amendedNo
2010-10-01This submission is the final filingNo
2010-10-01This return/report is a short plan year return/report (less than 12 months)No
2010-10-01Plan is a collectively bargained planNo
2010-10-01Plan funding arrangement – TrustYes
2010-10-01Plan benefit arrangement - TrustYes
2009: PRECISION, INC. 401(K) PLAN 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Submission has been amendedNo
2009-10-01This submission is the final filingNo
2009-10-01This return/report is a short plan year return/report (less than 12 months)No
2009-10-01Plan is a collectively bargained planNo
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes
2008: PRECISION, INC. 401(K) PLAN 2008 form 5500 responses
2008-10-01Type of plan entitySingle employer plan
2008-10-01Submission has been amendedNo
2008-10-01This submission is the final filingNo
2008-10-01This return/report is a short plan year return/report (less than 12 months)No
2008-10-01Plan is a collectively bargained planNo

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number717983
Policy instance 2
Insurance contract or identification number717983
Number of Individuals Covered890
Insurance policy start date2021-10-01
Insurance policy end date2022-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered890
Insurance policy start date2021-10-01
Insurance policy end date2022-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number717983
Policy instance 2
Insurance contract or identification number717983
Number of Individuals Covered843
Insurance policy start date2020-10-01
Insurance policy end date2021-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered843
Insurance policy start date2020-10-01
Insurance policy end date2021-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number717983
Policy instance 2
Insurance contract or identification number717983
Number of Individuals Covered885
Insurance policy start date2019-10-01
Insurance policy end date2020-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered885
Insurance policy start date2019-10-01
Insurance policy end date2020-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number717983
Policy instance 2
Insurance contract or identification number717983
Number of Individuals Covered957
Insurance policy start date2018-10-01
Insurance policy end date2019-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered957
Insurance policy start date2018-10-01
Insurance policy end date2019-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered744
Insurance policy start date2017-10-01
Insurance policy end date2018-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number717983
Policy instance 2
Insurance contract or identification number717983
Number of Individuals Covered744
Insurance policy start date2017-10-01
Insurance policy end date2018-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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