PETROCHEM INSPECTION SERVICES, INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2020 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-12-31 | $126,278 |
| Total of all expenses incurred | 2020-12-31 | $11,823,964 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $11,745,368 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $177,622 |
| Value of total assets at end of year | 2020-12-31 | $1,556 |
| Value of total assets at beginning of year | 2020-12-31 | $11,699,242 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $78,596 |
| Total interest from all sources | 2020-12-31 | $12,248 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $130,832 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $278,691 |
| Administrative expenses (other) incurred | 2020-12-31 | $78,596 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $-11,697,686 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,556 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $11,699,242 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $1,541 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $9,650,249 |
| Interest on participant loans | 2020-12-31 | $3,901 |
| Interest earned on other investments | 2020-12-31 | $8,347 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $15 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $1,770,302 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $-63,592 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $46,790 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $11,745,368 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | COHNREZNICK, LLP |
| Accountancy firm EIN | 2020-12-31 | 221478099 |
| 2019 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2019 401k financial data |
|---|
| Total income from all sources (including contributions) | 2019-12-31 | $3,202,731 |
| Total income from all sources (including contributions) | 2019-12-31 | $3,202,731 |
| Total of all expenses incurred | 2019-12-31 | $3,820,542 |
| Total of all expenses incurred | 2019-12-31 | $3,820,542 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $3,575,626 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $3,575,626 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $212,651 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $212,651 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $884,041 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $884,041 |
| Value of total assets at end of year | 2019-12-31 | $11,699,242 |
| Value of total assets at end of year | 2019-12-31 | $11,699,242 |
| Value of total assets at beginning of year | 2019-12-31 | $12,317,053 |
| Value of total assets at beginning of year | 2019-12-31 | $12,317,053 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $32,265 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $32,265 |
| Total interest from all sources | 2019-12-31 | $29,873 |
| Total interest from all sources | 2019-12-31 | $29,873 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $602,315 |
| Contributions received from participants | 2019-12-31 | $602,315 |
| Participant contributions at end of year | 2019-12-31 | $278,691 |
| Participant contributions at end of year | 2019-12-31 | $278,691 |
| Participant contributions at beginning of year | 2019-12-31 | $449,861 |
| Participant contributions at beginning of year | 2019-12-31 | $449,861 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $59,711 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $-617,811 |
| Value of net income/loss | 2019-12-31 | $-617,811 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $11,699,242 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $11,699,242 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $12,317,053 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $12,317,053 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $9,650,249 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $9,650,249 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $11,425,152 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $11,425,152 |
| Interest on participant loans | 2019-12-31 | $14,414 |
| Interest on participant loans | 2019-12-31 | $14,414 |
| Interest earned on other investments | 2019-12-31 | $15,459 |
| Interest earned on other investments | 2019-12-31 | $15,459 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $1,770,302 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $1,770,302 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $442,040 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $442,040 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $2,288,817 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $2,288,817 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $222,015 |
| Contributions received in cash from employer | 2019-12-31 | $222,015 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $3,575,626 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $3,575,626 |
| Contract administrator fees | 2019-12-31 | $32,265 |
| Contract administrator fees | 2019-12-31 | $32,265 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | COHNREZNICK, LLP |
| Accountancy firm name | 2019-12-31 | COHNREZNICK, LLP |
| Accountancy firm EIN | 2019-12-31 | 221478099 |
| Accountancy firm EIN | 2019-12-31 | 221478099 |
| 2018 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2018 401k financial data |
|---|
| Total income from all sources (including contributions) | 2018-12-31 | $1,015,777 |
| Total of all expenses incurred | 2018-12-31 | $2,461,851 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $2,286,946 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $80,484 |
| Value of total corrective distributions | 2018-12-31 | $80,782 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,532,604 |
| Value of total assets at end of year | 2018-12-31 | $12,317,053 |
| Value of total assets at beginning of year | 2018-12-31 | $13,763,127 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $13,639 |
| Total interest from all sources | 2018-12-31 | $43,439 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $1,500 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $1,073,649 |
| Participant contributions at end of year | 2018-12-31 | $449,861 |
| Participant contributions at beginning of year | 2018-12-31 | $416,058 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $150,042 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,446,074 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $12,317,053 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $13,763,127 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $11,425,152 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $11,728,167 |
| Interest on participant loans | 2018-12-31 | $20,952 |
| Interest earned on other investments | 2018-12-31 | $22,487 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $442,040 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $1,618,902 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-560,266 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $308,913 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,286,946 |
| Contract administrator fees | 2018-12-31 | $12,139 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2018-12-31 | 221478099 |
| 2017 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2017 401k financial data |
|---|
| Total income from all sources (including contributions) | 2017-12-31 | $4,284,613 |
| Total of all expenses incurred | 2017-12-31 | $1,921,221 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,683,776 |
| Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $137,631 |
| Value of total corrective distributions | 2017-12-31 | $87,847 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $2,151,958 |
| Value of total assets at end of year | 2017-12-31 | $13,763,127 |
| Value of total assets at beginning of year | 2017-12-31 | $11,399,735 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $11,967 |
| Total interest from all sources | 2017-12-31 | $37,225 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $1,151,274 |
| Participant contributions at end of year | 2017-12-31 | $416,058 |
| Participant contributions at beginning of year | 2017-12-31 | $463,775 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $672,077 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $2,363,392 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $13,763,127 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $11,399,735 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $11,728,167 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $9,748,871 |
| Interest on participant loans | 2017-12-31 | $19,986 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $17,239 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $1,618,902 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $1,187,089 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $2,095,430 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $328,607 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,683,776 |
| Contract administrator fees | 2017-12-31 | $11,967 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | BRIGGS & VESELKA CO, PC |
| Accountancy firm EIN | 2017-12-31 | 741769118 |
| 2016 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2016 401k financial data |
|---|
| Total income from all sources (including contributions) | 2016-12-31 | $2,370,111 |
| Total of all expenses incurred | 2016-12-31 | $710,984 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $660,376 |
| Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $40,158 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,696,882 |
| Value of total assets at end of year | 2016-12-31 | $11,399,735 |
| Value of total assets at beginning of year | 2016-12-31 | $9,740,608 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $10,450 |
| Total interest from all sources | 2016-12-31 | $29,431 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $1,114,932 |
| Participant contributions at end of year | 2016-12-31 | $463,775 |
| Participant contributions at beginning of year | 2016-12-31 | $377,229 |
| Participant contributions at beginning of year | 2016-12-31 | $28,568 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $254,996 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $1,659,127 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $11,399,735 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $9,740,608 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $9,748,871 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $8,240,751 |
| Interest on participant loans | 2016-12-31 | $16,783 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $12,648 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $1,187,089 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $1,085,734 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $643,798 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $326,954 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $8,326 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $660,376 |
| Contract administrator fees | 2016-12-31 | $10,450 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | BRIGGS & VESELKA CO, PC |
| Accountancy firm EIN | 2016-12-31 | 741769118 |
| 2015 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2015 401k financial data |
|---|
| Total income from all sources (including contributions) | 2015-12-31 | $1,682,112 |
| Total of all expenses incurred | 2015-12-31 | $1,590,593 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,499,044 |
| Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $69,992 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,673,939 |
| Value of total assets at end of year | 2015-12-31 | $9,740,608 |
| Value of total assets at beginning of year | 2015-12-31 | $9,649,089 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $21,557 |
| Total interest from all sources | 2015-12-31 | $15,731 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $1,195,917 |
| Participant contributions at end of year | 2015-12-31 | $377,229 |
| Participant contributions at beginning of year | 2015-12-31 | $351,026 |
| Participant contributions at end of year | 2015-12-31 | $28,568 |
| Participant contributions at beginning of year | 2015-12-31 | $36,496 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $212,016 |
| Administrative expenses (other) incurred | 2015-12-31 | $21,557 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $91,519 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $9,740,608 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $9,649,089 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $8,390,762 |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $8,240,751 |
| Interest on participant loans | 2015-12-31 | $13,518 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $860,191 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $860,191 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $2,213 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $1,085,734 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-7,558 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $266,006 |
| Employer contributions (assets) at end of year | 2015-12-31 | $8,326 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $10,614 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,499,044 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | Yes |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | BRIGGS & VESELKA CO, PC |
| Accountancy firm EIN | 2015-12-31 | 741769118 |
| 2014 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $2,215,241 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $2,599,783 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $2,478,317 |
| Value of total corrective distributions | 2014-12-31 | $101,166 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,605,461 |
| Value of total assets at end of year | 2014-12-31 | $9,649,089 |
| Value of total assets at beginning of year | 2014-12-31 | $10,033,631 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $20,300 |
| Total interest from all sources | 2014-12-31 | $16,070 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $84,147 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $84,147 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $1,276,676 |
| Participant contributions at end of year | 2014-12-31 | $351,026 |
| Participant contributions at beginning of year | 2014-12-31 | $315,594 |
| Participant contributions at end of year | 2014-12-31 | $36,496 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $42,199 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $-384,542 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $9,649,089 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $10,033,631 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $8,390,762 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $8,873,814 |
| Interest on participant loans | 2014-12-31 | $15,770 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $860,191 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $844,223 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $844,223 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $300 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $509,563 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $286,586 |
| Employer contributions (assets) at end of year | 2014-12-31 | $10,614 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $2,478,317 |
| Contract administrator fees | 2014-12-31 | $20,300 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | BRIGGS & VESELKA CO, PC |
| Accountancy firm EIN | 2014-12-31 | 741769118 |
| 2013 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $3,585,657 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $956,583 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $916,272 |
| Value of total corrective distributions | 2013-12-31 | $8,556 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,841,107 |
| Value of total assets at end of year | 2013-12-31 | $10,033,631 |
| Value of total assets at beginning of year | 2013-12-31 | $7,404,557 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $31,755 |
| Total interest from all sources | 2013-12-31 | $17,461 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $86,416 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $86,416 |
| Administrative expenses professional fees incurred | 2013-12-31 | $11,230 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $1,237,286 |
| Participant contributions at end of year | 2013-12-31 | $315,594 |
| Participant contributions at beginning of year | 2013-12-31 | $258,841 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $291,720 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $2,629,074 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $10,033,631 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $7,404,557 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $8,873,814 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $6,227,787 |
| Interest on participant loans | 2013-12-31 | $17,011 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $844,223 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $917,929 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $917,929 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $450 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $1,640,673 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $312,101 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $916,272 |
| Contract administrator fees | 2013-12-31 | $20,525 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | BRIGGS & VESELKA CO, PC |
| Accountancy firm EIN | 2013-12-31 | 741769118 |
| 2012 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $2,236,809 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $1,165,453 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,135,742 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,368,922 |
| Value of total assets at end of year | 2012-12-31 | $7,404,557 |
| Value of total assets at beginning of year | 2012-12-31 | $6,333,201 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $29,711 |
| Total interest from all sources | 2012-12-31 | $22,237 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $75,639 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $75,639 |
| Administrative expenses professional fees incurred | 2012-12-31 | $11,259 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $1,048,458 |
| Participant contributions at end of year | 2012-12-31 | $258,841 |
| Participant contributions at beginning of year | 2012-12-31 | $360,686 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $32,711 |
| Administrative expenses (other) incurred | 2012-12-31 | $6 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $1,071,356 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $7,404,557 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $6,333,201 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $6,227,787 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $5,231,874 |
| Interest on participant loans | 2012-12-31 | $22,210 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $917,929 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $740,641 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $740,641 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $27 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $770,011 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $287,753 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,135,742 |
| Contract administrator fees | 2012-12-31 | $18,446 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | BRIGGS & VESELKA CO, PC |
| Accountancy firm EIN | 2012-12-31 | 741769118 |
| 2011 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $1,408,166 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $1,479,103 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,447,274 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,604,039 |
| Value of total assets at end of year | 2011-12-31 | $6,333,201 |
| Value of total assets at beginning of year | 2011-12-31 | $6,404,138 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $31,829 |
| Total interest from all sources | 2011-12-31 | $29,991 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $76,290 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $76,290 |
| Administrative expenses professional fees incurred | 2011-12-31 | $11,335 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $1,154,176 |
| Participant contributions at end of year | 2011-12-31 | $360,686 |
| Participant contributions at beginning of year | 2011-12-31 | $284,327 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $165,309 |
| Administrative expenses (other) incurred | 2011-12-31 | $8 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-70,937 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $6,333,201 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,404,138 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $5,231,874 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $5,461,685 |
| Interest on participant loans | 2011-12-31 | $29,991 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $740,641 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $658,126 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $658,126 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-302,154 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $284,554 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,447,274 |
| Contract administrator fees | 2011-12-31 | $20,486 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | BRIGGS & VESELKA CO, PC |
| Accountancy firm EIN | 2011-12-31 | 741769118 |
| 2010 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $2,248,043 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $845,323 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $811,845 |
| Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $4,472 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,636,417 |
| Value of total assets at end of year | 2010-12-31 | $6,404,138 |
| Value of total assets at beginning of year | 2010-12-31 | $5,001,418 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $29,006 |
| Total interest from all sources | 2010-12-31 | $21,118 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $70,528 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $70,528 |
| Administrative expenses professional fees incurred | 2010-12-31 | $11,000 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $1,147,101 |
| Participant contributions at end of year | 2010-12-31 | $284,327 |
| Participant contributions at beginning of year | 2010-12-31 | $253,171 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $254,986 |
| Administrative expenses (other) incurred | 2010-12-31 | $3 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $1,402,720 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,404,138 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $5,001,418 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $5,461,685 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $4,259,945 |
| Interest on participant loans | 2010-12-31 | $20,654 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $658,126 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $488,302 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $488,302 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $464 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $519,980 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $234,330 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $811,845 |
| Contract administrator fees | 2010-12-31 | $18,003 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | BRIGGS & VESELKA CO, PC |
| Accountancy firm EIN | 2010-12-31 | 741769118 |
| 2009 : PETROCHEM INSPECTION SERVICES, INC. 401(K) PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
