PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN 401k Plan overview
| Plan Name | PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN |
| Plan identification number | 001 |
PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN Benefits
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits | - Profit-sharing
- 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.
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401k Sponsoring company profile
PRECISION POINT MANAGEMENT GROUP, INC. has sponsored the creation of one or more 401k plans.
Additional information about PRECISION POINT MANAGEMENT GROUP, INC.
| Jurisdiction of Incorporation: | Wyoming Corporations Division |
| Incorporation Date: | 2017-02-21 |
| Company Identification Number: | 000743231 |
| Legal Registered Office Address: |
1718 Capitol Ave
Cheyenne
United States of America (USA)
82001
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More information about PRECISION POINT MANAGEMENT GROUP, INC.
Form 5500 Filing Information
Submission information for form 5500 for 401k plan PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|
| 001 | 2020-10-01 | | | | |
| 001 | 2017-03-01 | | | | |
Plan Statistics for PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN
401k plan membership statisitcs for PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2017: PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN 2017 401k membership |
|---|
| Total participants, beginning-of-year | 2017-03-01 | 0 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-03-01 | 4 |
| Number of retired or separated participants receiving benefits | 2017-03-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2017-03-01 | 0 |
| Total of all active and inactive participants | 2017-03-01 | 4 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-03-01 | 0 |
| Total participants | 2017-03-01 | 4 |
| Number of participants with account balances | 2017-03-01 | 1 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-03-01 | 0 |
Financial Data on PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2017 : PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN 2017 401k financial data |
|---|
| Total income from all sources | 2017-09-30 | $34,404 |
| Total plan assets at end of year | 2017-09-30 | $34,404 |
| Contributions received from other sources (not participants or employers) | 2017-09-30 | $34,394 |
| Other income received | 2017-09-30 | $10 |
| Net income (gross income less expenses) | 2017-09-30 | $34,404 |
| Net plan assets at end of year (total assets less liabilities) | 2017-09-30 | $34,404 |
Form 5500 Responses for PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN
| 2017: PRECISION POINT MANAGEMENT GROUP, INC. PROFIT SHARING PLAN 2017 form 5500 responses |
|---|
| 2017-03-01 | Type of plan entity | Single employer plan |
| 2017-03-01 | First time form 5500 has been submitted | Yes |
| 2017-03-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2017-03-01 | Plan funding arrangement – Trust | Yes |
| 2017-03-01 | Plan benefit arrangement - Trust | Yes |
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