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PRECISION METAL 401(K) PLAN 401k Plan overview

Plan NamePRECISION METAL 401(K) PLAN
Plan identification number 002

PRECISION METAL 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.
  • 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 METAL INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRECISION METAL INDUSTRIES, INC.
Employer identification number (EIN):710348991
NAIC Classification:332900

Additional information about PRECISION METAL INDUSTRIES, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1996-04-26
Company Identification Number: P96000036253
Legal Registered Office Address: 1408 S.W. 8TH STREET

POMPANO BEACH

33069

More information about PRECISION METAL INDUSTRIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION METAL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022007-01-01JULIE HOGUE

Plan Statistics for PRECISION METAL 401(K) PLAN

401k plan membership statisitcs for PRECISION METAL 401(K) PLAN

Measure Date Value
2007: PRECISION METAL 401(K) PLAN 2007 401k membership
Total participants, beginning-of-year2007-01-0116
Total number of active participants reported on line 7a of the Form 55002007-01-0112
Number of other retired or separated participants entitled to future benefits2007-01-012
Total of all active and inactive participants2007-01-0114
Total participants2007-01-0114
Number of participants with account balances2007-01-019

Form 5500 Responses for PRECISION METAL 401(K) PLAN

2007: PRECISION METAL 401(K) PLAN 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo
2007-01-01Plan funding arrangement – InsuranceYes
2007-01-01Plan funding arrangement – TrustYes
2007-01-01Plan benefit arrangement – InsuranceYes
2007-01-01Plan benefit arrangement - TrustYes

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