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PRECISION FLIGHT CONTROLS INC 401K PROFIT SHARING PLAN 401k Plan overview

Plan NamePRECISION FLIGHT CONTROLS INC 401K PROFIT SHARING PLAN
Plan identification number 002

PRECISION FLIGHT CONTROLS INC 401K PROFIT SHARING 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
  • 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.
  • 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 FLIGHT CONTROLS INC has sponsored the creation of one or more 401k plans.

Company Name:PRECISION FLIGHT CONTROLS INC
Employer identification number (EIN):680359546
NAIC Classification:334610

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION FLIGHT CONTROLS INC 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01

Financial Data on PRECISION FLIGHT CONTROLS INC 401K PROFIT SHARING PLAN

Measure Date Value
2025 : PRECISION FLIGHT CONTROLS INC 401K PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-09-190
Total liabilities as of the beginning of the plan year2025-09-190
Total expenses incurred by plan in this plan year2025-09-19711
Net assets as of the end of the plan year2025-09-19106568
Total assets as of the beginning of the plan year2025-09-1947378
Participant contributions to plan in this plan year2025-09-1928913
Other income to plan in this plan year2025-09-1911422
Plan net income in this plan year2025-09-1959190
Net assets as of the end of the plan year2025-09-19106568
Net assets as of the beginning of the plan year2025-09-1947378
Employer contributions to plan in this plan year2025-09-1919566
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-19711
2024 : PRECISION FLIGHT CONTROLS INC 401K PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-110
Total liabilities as of the beginning of the plan year2024-10-110
Total expenses incurred by plan in this plan year2024-10-11295
Net assets as of the end of the plan year2024-10-1147378
Total assets as of the beginning of the plan year2024-10-110
Participant contributions to plan in this plan year2024-10-1125058
Other income to plan in this plan year2024-10-114084
Plan net income in this plan year2024-10-1147378
Net assets as of the end of the plan year2024-10-1147378
Net assets as of the beginning of the plan year2024-10-110
Employer contributions to plan in this plan year2024-10-1118531
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-11295

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