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

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

PRECISION SURVEYS 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.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

PRECISION SURVEYS has sponsored the creation of one or more 401k plans.

Company Name:PRECISION SURVEYS
Employer identification number (EIN):850435071
NAIC Classification:541600

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CAROL CISNEROS2024-06-26
0012022-01-01CAROL CISNEROS2023-06-22
0012021-01-01LARRY MEDRANO2022-07-13
0012020-01-01CAROL CISNEROS2021-07-13
0012019-01-01LARRY MEDRANO2020-06-30
0012018-01-01LARRY MEDRANO2019-07-09
0012017-01-01PRECISION SURVEYS INC2018-07-10
0012016-01-01PRECISION SURVEYS INC2017-07-25
0012015-01-01LARRY MEDRANO2016-07-08
0012014-01-01LARRY MEDRANO2015-07-07 LARRY MEDRANO2015-07-07
0012013-01-01LARRY MEDRANO2014-07-15 LARRY MEDRANO2014-07-15
0012012-01-01LARRY MEDRANO2013-07-11 LARRY MEDRANO2013-07-11
0012011-01-01LARRY MEDRANO2012-06-28
0012010-01-01LARRY MEDRANO2011-06-22
0012009-01-01LARRY MEDRANO
0012008-01-01LARRY MEDRANO

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

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

Measure Date Value
2025: PRECISION SURVEYS INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-0130
Total number of particpants at end of year2025-07-0129
Number of Participants With Account Balances2025-07-0114
2024: PRECISION SURVEYS INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-2626
Total number of particpants at end of year2024-06-2630
Number of Participants With Account Balances2024-06-2616
2009: PRECISION SURVEYS INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0111
Total number of active participants reported on line 7a of the Form 55002009-01-0113
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0115
Number of participants with account balances2009-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
2008: PRECISION SURVEYS INC. 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-0111
Total number of active participants reported on line 7a of the Form 55002008-01-0110
Number of retired or separated participants receiving benefits2008-01-010
Number of other retired or separated participants entitled to future benefits2008-01-011
Total of all active and inactive participants2008-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-0111
Number of participants with account balances2008-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-010
Number of employers contributing to the scheme2008-01-010

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

Measure Date Value
2025 : PRECISION SURVEYS INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-018963
Net assets as of the end of the plan year2025-07-01794442
Total assets as of the beginning of the plan year2025-07-01608727
Value of plan covered by a fidelity bond2025-07-0124000
Participant contributions to plan in this plan year2025-07-01104994
Value of participant loans at end of plan year2025-07-010
Other contributions to plan in this plan year2025-07-016930
Other income to plan in this plan year2025-07-0182754
Plan net income in this plan year2025-07-01185715
Net assets as of the end of the plan year2025-07-01794442
Net assets as of the beginning of the plan year2025-07-01608727
Employer contributions to plan in this plan year2025-07-010
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-011926
2024 : PRECISION SURVEYS INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-26131667
Net assets as of the end of the plan year2024-06-26608727
Total assets as of the beginning of the plan year2024-06-26547285
Value of plan covered by a fidelity bond2024-06-2624000
Participant contributions to plan in this plan year2024-06-26107821
Value of participant loans at end of plan year2024-06-260
Other contributions to plan in this plan year2024-06-260
Other income to plan in this plan year2024-06-2685288
Plan net income in this plan year2024-06-2661442
Net assets as of the end of the plan year2024-06-26608727
Net assets as of the beginning of the plan year2024-06-26547285
Employer contributions to plan in this plan year2024-06-260
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-261858
2008 : PRECISION SURVEYS INC. 401(K) PLAN 2008 401k financial data
Total income from all sources2008-12-31$34,008
Expenses. Total of all expenses incurred2008-12-31$3,737
Benefits paid (including direct rollovers)2008-12-31$3,637
Total plan assets at end of year2008-12-31$96,302
Total plan assets at beginning of year2008-12-31$66,031
Value of fidelity bond covering the plan2008-12-31$7,000
Total contributions received or receivable from participants2008-12-31$49,011
Contributions received from other sources (not participants or employers)2008-12-31$699
Other income received2008-12-31$-42,869
Net income (gross income less expenses)2008-12-31$30,271
Net plan assets at end of year (total assets less liabilities)2008-12-31$96,302
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$66,031
Total contributions received or receivable from employer(s)2008-12-31$27,167
Expenses. Administrative service providers (salaries,fees and commissions)2008-12-31$100
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2008-12-31$0

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

2009: PRECISION SURVEYS INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingYes
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes
2008: PRECISION SURVEYS INC. 401(K) PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingYes
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – InsuranceYes
2008-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

SUNAMERICA ANNUITY AND LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60941 )
Policy contract numberP35A7Q00240
Policy instance 1

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