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PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NamePRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST
Plan identification number 001

PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

PRESSED FOR TIME PRINTING INC has sponsored the creation of one or more 401k plans.

Company Name:PRESSED FOR TIME PRINTING INC
Employer identification number (EIN):043040967
NAIC Classification:323100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOSEPH ARTHUR2024-08-29
0012022-01-01JOSEPH ARTHUR2023-03-21
0012021-01-01JOSEPH ARTHUR2022-04-28
0012020-01-01JOSEPH ARTHUR2021-04-26
0012019-01-01JOSEPH ARTHUR2020-04-15
0012018-01-01JOSEPH ARTHUR2019-06-24
0012017-01-01JOSEPH ARTHUR2018-06-15
0012016-01-01JOSEPH ARTHUR2017-06-16
0012015-01-01JOSEPH ARTHUR2016-03-14
0012014-01-01JOSEPH ARTHUR2015-07-28
0012013-01-01JOSEPH ARTHUR2014-01-28
0012012-01-01JOSEPH ARTHUR2013-02-13
0012011-01-01JOSEPH ARTHUR2012-07-25
0012009-01-01JOSEPH ARTHUR

Financial Data on PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST

Measure Date Value
2025 : PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-092681295
Net assets as of the end of the plan year2025-10-091629
Total assets as of the beginning of the plan year2025-10-092326551
Value of plan covered by a fidelity bond2025-10-09250000
Participant contributions to plan in this plan year2025-10-096130
Other income to plan in this plan year2025-10-09348271
Plan net income in this plan year2025-10-09-2324922
Net assets as of the end of the plan year2025-10-091629
Net assets as of the beginning of the plan year2025-10-092326551
Employer contributions to plan in this plan year2025-10-091972
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-09319
2024 : PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-2914250
Net assets as of the end of the plan year2024-08-292326551
Total assets as of the beginning of the plan year2024-08-291880981
Value of plan covered by a fidelity bond2024-08-29250000
Participant contributions to plan in this plan year2024-08-2936138
Other expenses paid from plan in this plan year2024-08-29527
Other income to plan in this plan year2024-08-29414648
Plan net income in this plan year2024-08-29445570
Net assets as of the end of the plan year2024-08-292326551
Net assets as of the beginning of the plan year2024-08-291880981
Employer contributions to plan in this plan year2024-08-299034
2022 : PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-04-28358
Net assets as of the end of the plan year2022-04-282424442
Total assets as of the beginning of the plan year2022-04-282047057
Value of plan covered by a fidelity bond2022-04-28340000
Participant contributions to plan in this plan year2022-04-2834872
Other income to plan in this plan year2022-04-28334153
Plan net income in this plan year2022-04-28377385
Net assets as of the end of the plan year2022-04-282424442
Net assets as of the beginning of the plan year2022-04-282047057
Employer contributions to plan in this plan year2022-04-288718
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-28358
2010 : PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST 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$136,117
Expenses. Total of all expenses incurred2010-12-31$0
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$673,564
Total plan assets at beginning of year2010-12-31$537,447
Value of fidelity bond covering the plan2010-12-31$0
Assets. Value of tangible personal property2010-12-31$0
Total contributions received or receivable from participants2010-12-31$43,069
Assets. Value of loans (other than to participants)2010-12-31$0
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$72,280
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$136,117
Net plan assets at end of year (total assets less liabilities)2010-12-31$673,564
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$537,447
Assets. Value of participant loans2010-12-31$0
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2010-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2010-12-31$0
Assets. Value of assets in partnership/joint-venture interests2010-12-31$0
Assets. Value of real-estate (other than employer real property)2010-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022010-12-31$0
Assets. Value of employer securities2010-12-31$0
Assets. Value of employer real property2010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$20,768
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
2009 : PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST 2009 401k financial data
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2009-12-310
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST

2009: PRESSED FOR TIME PRINTING INC PROFIT SHARING PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number32465
Policy instance 1

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