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PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN 401k Plan overview

Plan NamePRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN
Plan identification number 001

PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT 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
  • 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.
  • Plan covering Self-Employed individuals.
  • 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 CAMERA, L.P. has sponsored the creation of one or more 401k plans.

Company Name:PRECISION CAMERA, L.P.
Employer identification number (EIN):742193272
NAIC Classification:443142
NAIC Description:Electronics Stores

Additional information about PRECISION CAMERA, L.P.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2001-07-14
Company Identification Number: 0015370010
Legal Registered Office Address: 2703 ROCKINGHAM DR

AUSTIN
United States of America (USA)
78704

More information about PRECISION CAMERA, L.P.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01ROSEMARY SULLIVAN2018-07-18 ROSEMARY SULLIVAN2018-07-18
0012016-01-01ROSEMARY SULLIVAN2017-07-05 ROSEMARY SULLIVAN2017-07-05
0012015-01-01ROSEMARY SULLIVAN2016-08-18 ROSEMARY SULLIVAN2016-08-18
0012014-01-01ROSEMARY SULLIVAN2015-05-19
0012013-01-01ROSEMARY SULLIVAN2014-05-14
0012012-01-01ROSEMARY SULLIVAN2013-06-19
0012011-01-01ROSEMARY SULLIVAN2012-05-15
0012010-01-01ROSEMARY SULLIVAN

Plan Statistics for PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN

401k plan membership statisitcs for PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN

Measure Date Value
2010: PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0137
Total number of active participants reported on line 7a of the Form 55002010-01-0135
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-013
Total of all active and inactive participants2010-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0138
Number of participants with account balances2010-01-0138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011

Financial Data on PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN

Measure Date Value
2010 : PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$837,631
Expenses. Total of all expenses incurred2010-12-31$112,546
Benefits paid (including direct rollovers)2010-12-31$60,259
Total plan assets at end of year2010-12-31$2,397,432
Total plan assets at beginning of year2010-12-31$1,672,347
Value of fidelity bond covering the plan2010-12-31$150,000
Total contributions received or receivable from participants2010-12-31$93,596
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$297,863
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$725,085
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,397,432
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,672,347
Assets. Value of participant loans2010-12-31$41,130
Total contributions received or receivable from employer(s)2010-12-31$446,172
Value of certain deemed distributions of participant loans2010-12-31$52,287
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN

2010: PRECISION CAMERA, L.P. SAFE HARBOR RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number94865
Policy instance 1
Insurance contract or identification number94865
Number of Individuals Covered34
Insurance policy start date2010-01-13
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $19,830
Total amount of fees paid to insurance companyUSD $6,296
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $19,830
Insurance broker organization code?4
Amount paid for insurance broker fees6296
Additional information about fees paid to insurance brokerSALES/ADMINISTRATION
Insurance broker nameJULY BUSINESS SERVICES

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