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PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NamePERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

PERFORMANCE INSULATION AND ENERGY SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:PERFORMANCE INSULATION AND ENERGY SERVICES, INC.
Employer identification number (EIN):462325577
NAIC Classification:238300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ERISA FIDUCIARY SERVICES2024-05-03
0012022-01-01ERISA FIDUCIARY SERVICES2023-04-07
0012021-01-01ERISA FIDUCIARY SERVICES2022-04-19
0012020-01-01ERISA FIDUCIARY SERVICES2021-04-16
0012020-01-01
0012019-01-01PETER LOEUNG2020-07-23
0012018-01-01PETER LOEUNG2019-06-07
0012017-01-01PETER LOEUNG2018-10-11

Financial Data on PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-080
Total liabilities as of the end of the plan year2025-04-080
Total liabilities as of the beginning of the plan year2025-04-080
Total expenses incurred by plan in this plan year2025-04-08202086
Net assets as of the end of the plan year2025-04-08918658
Total assets as of the beginning of the plan year2025-04-08753733
Value of plan covered by a fidelity bond2025-04-0875373
Participant contributions to plan in this plan year2025-04-08180252
Value of participant loans at end of plan year2025-04-0817561
Other expenses paid from plan in this plan year2025-04-080
Other contributions to plan in this plan year2025-04-080
Other income to plan in this plan year2025-04-08101613
Plan net income in this plan year2025-04-08164925
Net assets as of the end of the plan year2025-04-08918658
Net assets as of the beginning of the plan year2025-04-08753733
Employer contributions to plan in this plan year2025-04-0885146
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-0818805
2024 : PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-030
Total liabilities as of the end of the plan year2024-05-030
Total liabilities as of the beginning of the plan year2024-05-030
Total expenses incurred by plan in this plan year2024-05-0335411
Net assets as of the end of the plan year2024-05-03753733
Total assets as of the beginning of the plan year2024-05-03437768
Value of plan covered by a fidelity bond2024-05-0343777
Participant contributions to plan in this plan year2024-05-03157455
Value of participant loans at end of plan year2024-05-0314807
Other expenses paid from plan in this plan year2024-05-030
Other contributions to plan in this plan year2024-05-030
Other income to plan in this plan year2024-05-03107175
Plan net income in this plan year2024-05-03315965
Net assets as of the end of the plan year2024-05-03753733
Net assets as of the beginning of the plan year2024-05-03437768
Employer contributions to plan in this plan year2024-05-0386746
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-0315599
2022 : PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total transfers to/from plan in this plan year2022-04-190
Total liabilities as of the end of the plan year2022-04-190
Total liabilities as of the beginning of the plan year2022-04-190
Total expenses incurred by plan in this plan year2022-04-1936240
Net assets as of the end of the plan year2022-04-19294033
Total assets as of the beginning of the plan year2022-04-19154356
Value of plan covered by a fidelity bond2022-04-1920000
Participant contributions to plan in this plan year2022-04-19111388
Other expenses paid from plan in this plan year2022-04-190
Other contributions to plan in this plan year2022-04-190
Other income to plan in this plan year2022-04-1930551
Plan net income in this plan year2022-04-19139677
Net assets as of the end of the plan year2022-04-19294033
Net assets as of the beginning of the plan year2022-04-19154356
Employer contributions to plan in this plan year2022-04-1933978
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-1913007
2020 : PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$154,924
Expenses. Total of all expenses incurred2020-12-31$568
Benefits paid (including direct rollovers)2020-12-31$0
Total plan assets at end of year2020-12-31$154,356
Total plan assets at beginning of year2020-12-31$0
Value of fidelity bond covering the plan2020-12-31$20,000
Total contributions received or receivable from participants2020-12-31$59,139
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$95,785
Net income (gross income less expenses)2020-12-31$154,356
Net plan assets at end of year (total assets less liabilities)2020-12-31$154,356
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$0
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$568

Form 5500 Responses for PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST

2020: PERFORMANCE INSULATION & ENERG 401(K) PROFIT SHARING PLAN & TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes

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