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PMI RETIREMENT PLAN 401k Plan overview

Plan NamePMI RETIREMENT PLAN
Plan identification number 003

PMI RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

PERRYMAN MECHANICAL, INC. has sponsored the creation of one or more 401k plans.

Company Name:PERRYMAN MECHANICAL, INC.
Employer identification number (EIN):680071141
NAIC Classification:238220
NAIC Description:Plumbing, Heating, and Air-Conditioning Contractors

Additional information about PERRYMAN MECHANICAL, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 1985-10-01
Company Identification Number: C1287132
Legal Registered Office Address: 514 Glide Avenue

West Sacramento
United States of America (USA)
95691

More information about PERRYMAN MECHANICAL, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PMI RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032021-10-01
0032020-10-01
0032019-10-01
0032018-10-01SCOTT PERRYMAN2020-07-10
0032017-10-01SCOTT PERRYMAN2019-07-10
0032016-10-01SCOTT PERRYMAN2018-07-05
0032015-10-01SCOTT PERRYMAN2017-04-25
0032014-10-01SCOTT PERRYMAN2016-06-20
0032013-10-01SCOTT PERRYMAN2015-04-28
0032012-10-01SCOTT PERRYMAN2014-03-07
0032011-10-01SCOTT PERRYMAN
0032010-10-01SCOTT PERRYMAN
0032009-10-01SCOTT PERRYMAN

Plan Statistics for PMI RETIREMENT PLAN

401k plan membership statisitcs for PMI RETIREMENT PLAN

Measure Date Value
2020: PMI RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-10-01114
Total number of active participants reported on line 7a of the Form 55002020-10-0128
Number of retired or separated participants receiving benefits2020-10-010
Number of other retired or separated participants entitled to future benefits2020-10-0132
Total of all active and inactive participants2020-10-0160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-10-010
Total participants2020-10-0160
Number of participants with account balances2020-10-0158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-10-010
2019: PMI RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-10-01128
Total number of active participants reported on line 7a of the Form 55002019-10-0137
Number of retired or separated participants receiving benefits2019-10-010
Number of other retired or separated participants entitled to future benefits2019-10-0181
Total of all active and inactive participants2019-10-01118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-10-010
Total participants2019-10-01118
Number of participants with account balances2019-10-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-10-010
2011: PMI RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-10-0146
Total number of active participants reported on line 7a of the Form 55002011-10-0132
Number of retired or separated participants receiving benefits2011-10-015
Total of all active and inactive participants2011-10-0137
Total participants2011-10-0137
Number of participants with account balances2011-10-0124
2010: PMI RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-10-0146
Total number of active participants reported on line 7a of the Form 55002010-10-0138
Number of retired or separated participants receiving benefits2010-10-014
Total of all active and inactive participants2010-10-0142
Total participants2010-10-0142
Number of participants with account balances2010-10-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-10-010
2009: PMI RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-10-0163
Total number of active participants reported on line 7a of the Form 55002009-10-0143
Number of retired or separated participants receiving benefits2009-10-010
Number of other retired or separated participants entitled to future benefits2009-10-018
Total of all active and inactive participants2009-10-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-010
Total participants2009-10-0151
Number of participants with account balances2009-10-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-012

Financial Data on PMI RETIREMENT PLAN

Measure Date Value
2021 : PMI RETIREMENT PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-09-30$796,676
Total of all expenses incurred2021-09-30$1,004,369
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-09-30$996,669
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-09-30$172,494
Value of total assets at end of year2021-09-30$3,212,575
Value of total assets at beginning of year2021-09-30$3,420,268
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-09-30$7,700
Total interest from all sources2021-09-30$623
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-09-30No
Was this plan covered by a fidelity bond2021-09-30Yes
Value of fidelity bond cover2021-09-30$750,000
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$52,432
Participant contributions at end of year2021-09-30$23,377
Participant contributions at beginning of year2021-09-30$11,063
Participant contributions at end of year2021-09-30$665
Participant contributions at beginning of year2021-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2021-09-30$23,732
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Income. Non cash contributions2021-09-30$0
Value of net income/loss2021-09-30$-207,693
Value of net assets at end of year (total assets less liabilities)2021-09-30$3,212,575
Value of net assets at beginning of year (total assets less liabilities)2021-09-30$3,420,268
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$3,186,487
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-09-30$3,400,635
Interest on participant loans2021-09-30$623
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-09-30$623,559
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
Contributions received in cash from employer2021-09-30$96,330
Employer contributions (assets) at end of year2021-09-30$2,046
Employer contributions (assets) at beginning of year2021-09-30$8,570
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-09-30$996,669
Contract administrator fees2021-09-30$7,700
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 name2021-09-30CLIFTONLARSONALLEN LLP
Accountancy firm EIN2021-09-30410744649
2020 : PMI RETIREMENT PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-09-30$590,831
Total of all expenses incurred2020-09-30$184,225
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-09-30$180,593
Expenses. Certain deemed distributions of participant loans2020-09-30$3,632
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-09-30$360,538
Value of total assets at end of year2020-09-30$3,420,268
Value of total assets at beginning of year2020-09-30$3,013,662
Total interest from all sources2020-09-30$594
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-09-30No
Was this plan covered by a fidelity bond2020-09-30Yes
Value of fidelity bond cover2020-09-30$750,000
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
Contributions received from participants2020-09-30$72,544
Participant contributions at end of year2020-09-30$11,063
Participant contributions at beginning of year2020-09-30$12,380
Participant contributions at end of year2020-09-30$0
Participant contributions at beginning of year2020-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)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
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$406,606
Value of net assets at end of year (total assets less liabilities)2020-09-30$3,420,268
Value of net assets at beginning of year (total assets less liabilities)2020-09-30$3,013,662
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
Were any leases to which the plan was party in default or uncollectible2020-09-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-09-30$3,400,635
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-09-30$2,924,171
Interest on participant loans2020-09-30$594
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-09-30$229,699
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 contributions2020-09-30No
Has the plan failed to provide any benefit when due under the plan2020-09-30No
Contributions received in cash from employer2020-09-30$287,994
Employer contributions (assets) at end of year2020-09-30$8,570
Employer contributions (assets) at beginning of year2020-09-30$77,111
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-09-30$180,593
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
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 name2020-09-30CLIFTONLARSONALLEN LLP
Accountancy firm EIN2020-09-30410744649
2012 : PMI RETIREMENT PLAN 2012 401k financial data
Total plan liabilities at beginning of year2012-09-30$1,126
Total income from all sources2012-09-30$395,460
Expenses. Total of all expenses incurred2012-09-30$727,053
Benefits paid (including direct rollovers)2012-09-30$721,501
Total plan assets at end of year2012-09-30$1,786,886
Total plan assets at beginning of year2012-09-30$2,119,605
Value of fidelity bond covering the plan2012-09-30$250,000
Total contributions received or receivable from participants2012-09-30$44,323
Other income received2012-09-30$310,244
Net income (gross income less expenses)2012-09-30$-331,593
Net plan assets at end of year (total assets less liabilities)2012-09-30$1,786,886
Net plan assets at beginning of year (total assets less liabilities)2012-09-30$2,118,479
Total contributions received or receivable from employer(s)2012-09-30$40,893
Expenses. Administrative service providers (salaries,fees and commissions)2012-09-30$5,552
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-09-30$0
2011 : PMI RETIREMENT PLAN 2011 401k financial data
Total plan liabilities at end of year2011-09-30$1,126
Total plan liabilities at beginning of year2011-09-30$1,126
Total income from all sources2011-09-30$246,693
Expenses. Total of all expenses incurred2011-09-30$400,575
Benefits paid (including direct rollovers)2011-09-30$396,155
Total plan assets at end of year2011-09-30$2,233,120
Total plan assets at beginning of year2011-09-30$2,387,002
Value of fidelity bond covering the plan2011-09-30$250,000
Total contributions received or receivable from participants2011-09-30$55,169
Other income received2011-09-30$87,287
Net income (gross income less expenses)2011-09-30$-153,882
Net plan assets at end of year (total assets less liabilities)2011-09-30$2,231,994
Net plan assets at beginning of year (total assets less liabilities)2011-09-30$2,385,876
Total contributions received or receivable from employer(s)2011-09-30$104,237
Expenses. Administrative service providers (salaries,fees and commissions)2011-09-30$4,420
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-30$0
2010 : PMI RETIREMENT 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 PMI RETIREMENT PLAN

2020: PMI RETIREMENT PLAN 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement - TrustYes
2019: PMI RETIREMENT PLAN 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement - TrustYes
2011: PMI RETIREMENT PLAN 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Plan funding arrangement – InsuranceYes
2011-10-01Plan funding arrangement – TrustYes
2011-10-01Plan benefit arrangement – InsuranceYes
2011-10-01Plan benefit arrangement - TrustYes
2010: PMI RETIREMENT PLAN 2010 form 5500 responses
2010-10-01Type of plan entitySingle employer plan
2010-10-01Submission has been amendedYes
2010-10-01Plan funding arrangement – InsuranceYes
2010-10-01Plan funding arrangement – TrustYes
2010-10-01Plan benefit arrangement – InsuranceYes
2010-10-01Plan benefit arrangement - TrustYes
2009: PMI RETIREMENT PLAN 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Plan funding arrangement – InsuranceYes
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement – InsuranceYes
2009-10-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PACIFIC LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67466 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered4
Insurance policy start date2011-10-01
Insurance policy end date2012-09-30
Total amount of commissions paid to insurance brokerUSD $547
Total amount of fees paid to insurance companyUSD $120
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberVARIOUS
Policy instance 2
Insurance contract or identification numberVARIOUS
Number of Individuals Covered0
Insurance policy start date2011-10-01
Insurance policy end date2012-09-30
Total amount of commissions paid to insurance brokerUSD $3,969
Total amount of fees paid to insurance companyUSD $24
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
PACIFIC LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67466 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered4
Insurance policy start date2010-10-01
Insurance policy end date2011-09-30
Total amount of commissions paid to insurance brokerUSD $535
Total amount of fees paid to insurance companyUSD $120
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberVARIOUS
Policy instance 2
Insurance contract or identification numberVARIOUS
Number of Individuals Covered21
Insurance policy start date2010-10-01
Insurance policy end date2011-09-30
Total amount of commissions paid to insurance brokerUSD $2,603
Total amount of fees paid to insurance companyUSD $35
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

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