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PRECIOUS METALS INVESTMENT CO. 401K PLAN 401k Plan overview

Plan NamePRECIOUS METALS INVESTMENT CO. 401K PLAN
Plan identification number 001

PRECIOUS METALS INVESTMENT CO. 401K 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.
  • 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

PRECIOUS METALS INVESTMENT CO. has sponsored the creation of one or more 401k plans.

Company Name:PRECIOUS METALS INVESTMENT CO.
Employer identification number (EIN):461179471

Additional information about PRECIOUS METALS INVESTMENT CO.

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 2012-10-11
Company Identification Number: 2142817
Legal Registered Office Address: 572 E. BROAD STREET, #325
-
PATASKALA
United States of America (USA)
43062

More information about PRECIOUS METALS INVESTMENT CO.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECIOUS METALS INVESTMENT CO. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-10-12ARIC WILLIAM LAWRENCE ARIC WILLIAM LAWRENCE2014-04-15

Plan Statistics for PRECIOUS METALS INVESTMENT CO. 401K PLAN

401k plan membership statisitcs for PRECIOUS METALS INVESTMENT CO. 401K PLAN

Measure Date Value
2012: PRECIOUS METALS INVESTMENT CO. 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-10-120
Total number of active participants reported on line 7a of the Form 55002012-10-121
Number of retired or separated participants receiving benefits2012-10-120
Number of other retired or separated participants entitled to future benefits2012-10-120
Total of all active and inactive participants2012-10-121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-10-120
Total participants2012-10-121
Number of participants with account balances2012-10-121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-10-120

Financial Data on PRECIOUS METALS INVESTMENT CO. 401K PLAN

Measure Date Value
2013 : PRECIOUS METALS INVESTMENT CO. 401K PLAN 2013 401k financial data
Transfers to/from the plan2013-06-30$0
Total plan liabilities at end of year2013-06-30$0
Total plan liabilities at beginning of year2013-06-30$0
Total income from all sources2013-06-30$18,916
Expenses. Total of all expenses incurred2013-06-30$0
Benefits paid (including direct rollovers)2013-06-30$0
Total plan assets at end of year2013-06-30$18,916
Total plan assets at beginning of year2013-06-30$0
Value of fidelity bond covering the plan2013-06-30$10,000
Total contributions received or receivable from participants2013-06-30$0
Expenses. Other expenses not covered elsewhere2013-06-30$0
Contributions received from other sources (not participants or employers)2013-06-30$50,723
Other income received2013-06-30$-31,807
Noncash contributions received2013-06-30$0
Net income (gross income less expenses)2013-06-30$18,916
Net plan assets at end of year (total assets less liabilities)2013-06-30$18,916
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$0
Assets. Value of employer securities2013-06-30$18,916
Total contributions received or receivable from employer(s)2013-06-30$0
Value of certain deemed distributions of participant loans2013-06-30$0
Value of corrective distributions2013-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-06-30$0

Form 5500 Responses for PRECIOUS METALS INVESTMENT CO. 401K PLAN

2012: PRECIOUS METALS INVESTMENT CO. 401K PLAN 2012 form 5500 responses
2012-10-12Type of plan entitySingle employer plan
2012-10-12First time form 5500 has been submittedYes
2012-10-12Submission has been amendedNo
2012-10-12This submission is the final filingNo
2012-10-12This return/report is a short plan year return/report (less than 12 months)Yes
2012-10-12Plan is a collectively bargained planNo
2012-10-12Plan funding arrangement – TrustYes
2012-10-12Plan benefit arrangement - TrustYes

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