Logo

PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NamePRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 003

PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Stock bonus
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation

401k Sponsoring company profile

PRECISION MACHINE, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRECISION MACHINE, INC.
Employer identification number (EIN):611119474
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01RANDY WARMATH RANDY WARMATH2018-07-02
0032016-01-01RANDY WARMATH RANDY WARMATH2017-05-30
0032015-01-01RANDY WARMATH RANDY WARMATH2016-05-06
0032014-01-01RANDY WARMATH
0032013-01-01RANDY WARMATH
0032012-01-01RANDY WARMATH

Plan Statistics for PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2020: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0191
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-010
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0192
Total number of active participants reported on line 7a of the Form 55002019-01-0170
Number of retired or separated participants receiving benefits2019-01-013
Number of other retired or separated participants entitled to future benefits2019-01-0116
Total of all active and inactive participants2019-01-0189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-012
Total participants2019-01-0191
Number of participants with account balances2019-01-0191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0192
Total number of active participants reported on line 7a of the Form 55002018-01-0171
Number of retired or separated participants receiving benefits2018-01-013
Number of other retired or separated participants entitled to future benefits2018-01-0117
Total of all active and inactive participants2018-01-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-0192
Number of participants with account balances2018-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0192
Total number of active participants reported on line 7a of the Form 55002017-01-0171
Number of retired or separated participants receiving benefits2017-01-013
Number of other retired or separated participants entitled to future benefits2017-01-0118
Total of all active and inactive participants2017-01-0192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0192
Number of participants with account balances2017-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0187
Total number of active participants reported on line 7a of the Form 55002016-01-0166
Number of retired or separated participants receiving benefits2016-01-013
Number of other retired or separated participants entitled to future benefits2016-01-0114
Total of all active and inactive participants2016-01-0183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0183
Number of participants with account balances2016-01-0183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-016
2015: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0184
Total number of active participants reported on line 7a of the Form 55002015-01-0168
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0112
Total of all active and inactive participants2015-01-0180
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0180
Number of participants with account balances2015-01-0180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0183
Total number of active participants reported on line 7a of the Form 55002014-01-0169
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0111
Total of all active and inactive participants2014-01-0180
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0180
Number of participants with account balances2014-01-0180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-015
2013: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0177
Total number of active participants reported on line 7a of the Form 55002013-01-0172
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0176
Number of participants with account balances2013-01-0176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-013
2012: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0164
Total number of active participants reported on line 7a of the Form 55002012-01-0164
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0164
Number of participants with account balances2012-01-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010

Financial Data on PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2020 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total income from all sources2020-03-26$0
Expenses. Total of all expenses incurred2020-03-26$520,225
Benefits paid (including direct rollovers)2020-03-26$520,225
Total plan assets at end of year2020-03-26$0
Total plan assets at beginning of year2020-03-26$520,225
Value of fidelity bond covering the plan2020-03-26$500,000
Net income (gross income less expenses)2020-03-26$-520,225
Net plan assets at end of year (total assets less liabilities)2020-03-26$0
Net plan assets at beginning of year (total assets less liabilities)2020-03-26$520,225
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-03-26$0
2019 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total income from all sources2019-12-31$368,630
Expenses. Total of all expenses incurred2019-12-31$859,302
Benefits paid (including direct rollovers)2019-12-31$820,563
Total plan assets at end of year2019-12-31$520,225
Total plan assets at beginning of year2019-12-31$1,010,897
Value of fidelity bond covering the plan2019-12-31$500,000
Expenses. Other expenses not covered elsewhere2019-12-31$38,739
Other income received2019-12-31$368,630
Net income (gross income less expenses)2019-12-31$-490,672
Net plan assets at end of year (total assets less liabilities)2019-12-31$520,225
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,010,897
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total income from all sources2018-12-31$190,333
Expenses. Total of all expenses incurred2018-12-31$4,649,858
Benefits paid (including direct rollovers)2018-12-31$4,649,858
Total plan assets at end of year2018-12-31$1,010,897
Total plan assets at beginning of year2018-12-31$5,470,422
Value of fidelity bond covering the plan2018-12-31$500,000
Other income received2018-12-31$190,333
Net income (gross income less expenses)2018-12-31$-4,459,525
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,010,897
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$5,470,422
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total plan liabilities at beginning of year2017-12-31$4,317,133
Total income from all sources2017-12-31$5,490,356
Expenses. Total of all expenses incurred2017-12-31$225,503
Benefits paid (including direct rollovers)2017-12-31$1,057
Total plan assets at end of year2017-12-31$5,470,422
Total plan assets at beginning of year2017-12-31$4,522,702
Value of fidelity bond covering the plan2017-12-31$500,000
Expenses. Other expenses not covered elsewhere2017-12-31$224,446
Other income received2017-12-31$4,821,036
Net income (gross income less expenses)2017-12-31$5,264,853
Net plan assets at end of year (total assets less liabilities)2017-12-31$5,470,422
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$205,569
Total contributions received or receivable from employer(s)2017-12-31$669,320
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$4,317,133
Total plan liabilities at beginning of year2016-12-31$4,733,877
Total income from all sources2016-12-31$1,034,219
Expenses. Total of all expenses incurred2016-12-31$290,504
Benefits paid (including direct rollovers)2016-12-31$17,524
Total plan assets at end of year2016-12-31$4,522,702
Total plan assets at beginning of year2016-12-31$4,195,731
Value of fidelity bond covering the plan2016-12-31$500,000
Expenses. Other expenses not covered elsewhere2016-12-31$272,980
Other income received2016-12-31$327,495
Net income (gross income less expenses)2016-12-31$743,715
Net plan assets at end of year (total assets less liabilities)2016-12-31$205,569
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$-538,146
Assets. Value of employer securities2016-12-31$3,830,000
Total contributions received or receivable from employer(s)2016-12-31$706,724
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$4,733,877
Total plan liabilities at beginning of year2015-12-31$5,124,269
Total income from all sources2015-12-31$1,359,224
Expenses. Total of all expenses incurred2015-12-31$314,695
Benefits paid (including direct rollovers)2015-12-31$15,363
Total plan assets at end of year2015-12-31$4,195,731
Total plan assets at beginning of year2015-12-31$3,541,594
Value of fidelity bond covering the plan2015-12-31$500,000
Expenses. Other expenses not covered elsewhere2015-12-31$299,332
Other income received2015-12-31$652,500
Net income (gross income less expenses)2015-12-31$1,044,529
Net plan assets at end of year (total assets less liabilities)2015-12-31$-538,146
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$-1,582,675
Assets. Value of employer securities2015-12-31$3,502,500
Total contributions received or receivable from employer(s)2015-12-31$706,724
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$5,124,269
Total plan liabilities at beginning of year2014-12-31$5,489,976
Total income from all sources2014-12-31$792,222
Expenses. Total of all expenses incurred2014-12-31$328,145
Benefits paid (including direct rollovers)2014-12-31$4,128
Total plan assets at end of year2014-12-31$3,541,594
Total plan assets at beginning of year2014-12-31$3,443,224
Value of fidelity bond covering the plan2014-12-31$500,000
Expenses. Other expenses not covered elsewhere2014-12-31$324,017
Other income received2014-12-31$97,498
Net income (gross income less expenses)2014-12-31$464,077
Net plan assets at end of year (total assets less liabilities)2014-12-31$-1,582,675
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$-2,046,752
Assets. Value of employer securities2014-12-31$2,850,000
Total contributions received or receivable from employer(s)2014-12-31$694,724
2013 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$5,489,976
Total plan liabilities at beginning of year2013-12-31$5,832,558
Total income from all sources2013-12-31$887,223
Expenses. Total of all expenses incurred2013-12-31$347,141
Total plan assets at end of year2013-12-31$3,443,224
Total plan assets at beginning of year2013-12-31$3,245,724
Value of fidelity bond covering the plan2013-12-31$500,000
Expenses. Other expenses not covered elsewhere2013-12-31$347,141
Other income received2013-12-31$197,499
Net income (gross income less expenses)2013-12-31$540,082
Net plan assets at end of year (total assets less liabilities)2013-12-31$-2,046,752
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$-2,586,834
Assets. Value of employer securities2013-12-31$2,752,500
Total contributions received or receivable from employer(s)2013-12-31$689,724
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$5,832,558
Total income from all sources2012-12-31$-2,306,276
Expenses. Total of all expenses incurred2012-12-31$280,558
Total plan assets at end of year2012-12-31$3,245,724
Total plan assets at beginning of year2012-12-31$0
Value of fidelity bond covering the plan2012-12-31$500,000
Expenses. Other expenses not covered elsewhere2012-12-31$280,558
Other income received2012-12-31$-2,997,000
Net income (gross income less expenses)2012-12-31$-2,586,834
Net plan assets at end of year (total assets less liabilities)2012-12-31$-2,586,834
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Assets. Value of employer securities2012-12-31$2,555,000
Total contributions received or receivable from employer(s)2012-12-31$690,724

Form 5500 Responses for PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2020: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: PRECISION MACHINE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01First time form 5500 has been submittedYes
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1