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PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NamePRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN
Plan identification number 001

PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING 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.
  • 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

PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS has sponsored the creation of one or more 401k plans.

Company Name:PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS
Employer identification number (EIN):273096713
NAIC Classification:332400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01TOM VANTHOURNOUT
0012016-01-01TOM VANTHOURNOUT
0012015-01-01TOM VANTHOURNOUT
0012014-01-01MELANIE DUNCAN
0012013-01-01AMANDA WYKE
0012012-01-01JANE MORROW
0012011-01-01JANE MORROW

Plan Statistics for PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN

Measure Date Value
2017: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0161
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
2016: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0155
Total number of active participants reported on line 7a of the Form 55002016-01-0149
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0112
Total of all active and inactive participants2016-01-0161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0161
Number of participants with account balances2016-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0154
Total number of active participants reported on line 7a of the Form 55002015-01-0143
Number of other retired or separated participants entitled to future benefits2015-01-0112
Total of all active and inactive participants2015-01-0155
Total participants2015-01-0155
Number of participants with account balances2015-01-0124
2014: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0153
Total number of active participants reported on line 7a of the Form 55002014-01-0144
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0110
Total of all active and inactive participants2014-01-0154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0154
Number of participants with account balances2014-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0166
Total number of active participants reported on line 7a of the Form 55002013-01-0139
Number of other retired or separated participants entitled to future benefits2013-01-0114
Total of all active and inactive participants2013-01-0153
Total participants2013-01-0153
Number of participants with account balances2013-01-0128
2012: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0180
Total number of active participants reported on line 7a of the Form 55002012-01-0152
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0114
Total of all active and inactive participants2012-01-0166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0166
Number of participants with account balances2012-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0164
Total number of active participants reported on line 7a of the Form 55002011-01-0157
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0114
Total of all active and inactive participants2011-01-0171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0171
Number of participants with account balances2011-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN

Measure Date Value
2017 : PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan2017-02-28$-1,163,694
Total plan liabilities at end of year2017-02-28$0
Total plan liabilities at beginning of year2017-02-28$0
Total income from all sources2017-02-28$60,534
Expenses. Total of all expenses incurred2017-02-28$0
Benefits paid (including direct rollovers)2017-02-28$0
Total plan assets at end of year2017-02-28$0
Total plan assets at beginning of year2017-02-28$1,103,160
Value of fidelity bond covering the plan2017-02-28$500,000
Total contributions received or receivable from participants2017-02-28$3,529
Expenses. Other expenses not covered elsewhere2017-02-28$0
Contributions received from other sources (not participants or employers)2017-02-28$0
Other income received2017-02-28$57,005
Noncash contributions received2017-02-28$0
Net income (gross income less expenses)2017-02-28$60,534
Net plan assets at end of year (total assets less liabilities)2017-02-28$0
Net plan assets at beginning of year (total assets less liabilities)2017-02-28$1,103,160
Assets. Value of participant loans2017-02-28$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022017-02-28$0
Total contributions received or receivable from employer(s)2017-02-28$0
Value of certain deemed distributions of participant loans2017-02-28$0
Value of corrective distributions2017-02-28$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-02-28$0
2016 : PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$118,782
Expenses. Total of all expenses incurred2016-12-31$6,491
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$1,103,160
Total plan assets at beginning of year2016-12-31$990,869
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$54,855
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$62,850
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$112,291
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,103,160
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$990,869
Assets. Value of participant loans2016-12-31$14,260
Total contributions received or receivable from employer(s)2016-12-31$1,077
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$6,341
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$150
2015 : PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$97,323
Expenses. Total of all expenses incurred2015-12-31$370,015
Benefits paid (including direct rollovers)2015-12-31$370,570
Total plan assets at end of year2015-12-31$990,869
Total plan assets at beginning of year2015-12-31$1,263,561
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$63,197
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$2,148
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-272,692
Net plan assets at end of year (total assets less liabilities)2015-12-31$990,869
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,263,561
Assets. Value of participant loans2015-12-31$13,630
Total contributions received or receivable from employer(s)2015-12-31$31,978
Value of certain deemed distributions of participant loans2015-12-31$-805
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$250
2014 : PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$186,603
Expenses. Total of all expenses incurred2014-12-31$533,176
Benefits paid (including direct rollovers)2014-12-31$528,194
Total plan assets at end of year2014-12-31$1,263,561
Total plan assets at beginning of year2014-12-31$1,610,134
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$72,048
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$71,224
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$-346,573
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,263,561
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,610,134
Assets. Value of participant loans2014-12-31$23,039
Total contributions received or receivable from employer(s)2014-12-31$43,331
Value of certain deemed distributions of participant loans2014-12-31$4,782
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$200
2013 : PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$390,473
Expenses. Total of all expenses incurred2013-12-31$295,953
Benefits paid (including direct rollovers)2013-12-31$295,352
Total plan assets at end of year2013-12-31$1,610,134
Total plan assets at beginning of year2013-12-31$1,515,614
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$87,869
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$249,860
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$94,520
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,610,134
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,515,614
Assets. Value of participant loans2013-12-31$36,384
Total contributions received or receivable from employer(s)2013-12-31$52,744
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$601
2012 : PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$293,788
Expenses. Total of all expenses incurred2012-12-31$110,707
Benefits paid (including direct rollovers)2012-12-31$110,132
Total plan assets at end of year2012-12-31$1,515,614
Total plan assets at beginning of year2012-12-31$1,332,533
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$78,746
Contributions received from other sources (not participants or employers)2012-12-31$32,199
Other income received2012-12-31$134,967
Net income (gross income less expenses)2012-12-31$183,081
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,515,614
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,332,533
Assets. Value of participant loans2012-12-31$68,567
Total contributions received or receivable from employer(s)2012-12-31$47,876
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$575
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$94,344
Expenses. Total of all expenses incurred2011-12-31$86,764
Benefits paid (including direct rollovers)2011-12-31$86,089
Total plan assets at end of year2011-12-31$1,332,533
Total plan assets at beginning of year2011-12-31$1,324,953
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$71,810
Other income received2011-12-31$-21,040
Net income (gross income less expenses)2011-12-31$7,580
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,332,533
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,324,953
Assets. Value of participant loans2011-12-31$24,982
Total contributions received or receivable from employer(s)2011-12-31$43,574
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$675
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$231,602
Expenses. Total of all expenses incurred2010-12-31$59,321
Benefits paid (including direct rollovers)2010-12-31$57,946
Total plan assets at end of year2010-12-31$1,324,953
Total plan assets at beginning of year2010-12-31$1,152,672
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$65,143
Other income received2010-12-31$132,042
Net income (gross income less expenses)2010-12-31$172,281
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,324,953
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,152,672
Assets. Value of participant loans2010-12-31$26,540
Total contributions received or receivable from employer(s)2010-12-31$34,417
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$1,375
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 MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN

2017: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01First time form 5500 has been submittedYes
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: PRECISION MANUFACTURING, LLC DBA PRECISION BOILERS, INC.401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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