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PRECISION TOWERS, LLC 401(K) PLAN 401k Plan overview

Plan NamePRECISION TOWERS, LLC 401(K) PLAN
Plan identification number 001

PRECISION TOWERS, LLC 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PRECISION TOWERS, LLC has sponsored the creation of one or more 401k plans.

Company Name:PRECISION TOWERS, LLC
Employer identification number (EIN):571115381
NAIC Classification:517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION TOWERS, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JENNIFER DIAS2024-07-16
0012022-01-01JENNIFER DIAS2023-07-19
0012021-01-01JENNIFER DIAS2022-07-31
0012020-01-01JENNIFER DIAS2021-07-16
0012019-01-01JENNIFER DIAS2020-07-15
0012018-01-01JENNIFER DIAS2019-08-30
0012017-01-01JENNIFER DIAS2018-08-09
0012016-01-01JENNIFER DIAS2017-06-28
0012015-01-01
0012014-01-01JENNIFER DIAS2015-07-22
0012013-01-01FRANK HARRISON2014-07-25
0012012-01-01JENNIFER DIAS2013-05-29
0012011-01-01JENNIFER DIAS2012-05-11
0012010-01-01JENNIFER DIAS2011-07-27

Plan Statistics for PRECISION TOWERS, LLC 401(K) PLAN

401k plan membership statisitcs for PRECISION TOWERS, LLC 401(K) PLAN

Measure Date Value
2025: PRECISION TOWERS, LLC 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-132
Total number of particpants at end of year2025-07-132
Number of Participants With Account Balances2025-07-132
2024: PRECISION TOWERS, LLC 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-163
Total number of particpants at end of year2024-07-163
Number of Participants With Account Balances2024-07-162

Financial Data on PRECISION TOWERS, LLC 401(K) PLAN

Measure Date Value
2025 : PRECISION TOWERS, LLC 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-130
Net assets as of the end of the plan year2025-07-131232571
Total assets as of the beginning of the plan year2025-07-131079270
Value of plan covered by a fidelity bond2025-07-1350000
Participant contributions to plan in this plan year2025-07-130
Other expenses paid from plan in this plan year2025-07-130
Other contributions to plan in this plan year2025-07-130
Other income to plan in this plan year2025-07-13153301
Plan net income in this plan year2025-07-13153301
Net assets as of the end of the plan year2025-07-131232571
Net assets as of the beginning of the plan year2025-07-131079270
Employer contributions to plan in this plan year2025-07-130
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-130
2024 : PRECISION TOWERS, LLC 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-160
Net assets as of the end of the plan year2024-07-161079270
Total assets as of the beginning of the plan year2024-07-16910962
Value of plan covered by a fidelity bond2024-07-1650000
Participant contributions to plan in this plan year2024-07-160
Other expenses paid from plan in this plan year2024-07-160
Other contributions to plan in this plan year2024-07-160
Other income to plan in this plan year2024-07-16168308
Plan net income in this plan year2024-07-16168308
Net assets as of the end of the plan year2024-07-161079270
Net assets as of the beginning of the plan year2024-07-16910962
Employer contributions to plan in this plan year2024-07-160
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-160

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