401k Plan data: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN plan

PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 401k Plan overview

Plan Name	PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN
Plan identification number	001

PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

PREFERRED INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: PREFERRED INDUSTRIES, INC.

Employer identification number (EIN): 382153788

NAIC Classification: 333510

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 ALEXANDER MORTON
001 2016-01-01 ALEXANDER MORTON
001 2015-01-01 ALEXANDER L. MORTON 2016-10-17 ALEXANDER L. MORTON 2016-10-17
001 2014-01-01 ALEXANDER L. MORTON 2015-10-15
001 2013-01-01 ALEXANDER L. MORTON 2014-07-14
001 2012-01-01 ALEX MORTON 2013-07-30
001 2011-01-01 ALEXANDER L. MORTON 2012-08-09 ALEXANDER L. MORTON 2012-08-09
001 2010-01-01 ALEX L. MORTON 2011-07-26

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	ALEXANDER MORTON
001	2016-01-01	ALEXANDER MORTON
001	2015-01-01	ALEXANDER L. MORTON	2016-10-17	ALEXANDER L. MORTON	2016-10-17
001	2014-01-01	ALEXANDER L. MORTON	2015-10-15
001	2013-01-01	ALEXANDER L. MORTON	2014-07-14
001	2012-01-01	ALEX MORTON	2013-07-30
001	2011-01-01	ALEXANDER L. MORTON	2012-08-09	ALEXANDER L. MORTON	2012-08-09
001	2010-01-01	ALEX L. MORTON	2011-07-26

Plan Statistics for PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN

401k plan membership statisitcs for PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN

Measure Date Value
2023: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 38
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 33
Number of retired or separated participants receiving benefits 2023-01-01 1
Number of other retired or separated participants entitled to future benefits 2023-01-01 5
Total of all active and inactive participants 2023-01-01 39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 39
Number of participants with account balances 2023-01-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 38
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 29
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 8
Total of all active and inactive participants 2022-01-01 38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 38
Number of participants with account balances 2022-01-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 42
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 31
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 6
Total of all active and inactive participants 2021-01-01 38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 38
Number of participants with account balances 2021-01-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1
2020: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 39
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 36
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 6
Total of all active and inactive participants 2020-01-01 42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 42
Number of participants with account balances 2020-01-01 39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 42
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 36
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 3
Total of all active and inactive participants 2019-01-01 39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 39
Number of participants with account balances 2019-01-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 42
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 38
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 4
Total of all active and inactive participants 2018-01-01 42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 42
Number of participants with account balances 2018-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 42
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 40
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 2
Total of all active and inactive participants 2017-01-01 42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 42
Number of participants with account balances 2017-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 39
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 39
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 3
Total of all active and inactive participants 2016-01-01 42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 42
Number of participants with account balances 2016-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2023: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	38
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	33
Number of retired or separated participants receiving benefits	2023-01-01	1
Number of other retired or separated participants entitled to future benefits	2023-01-01	5
Total of all active and inactive participants	2023-01-01	39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	39
Number of participants with account balances	2023-01-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	38
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	29
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	8
Total of all active and inactive participants	2022-01-01	38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	38
Number of participants with account balances	2022-01-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	42
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	31
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	6
Total of all active and inactive participants	2021-01-01	38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	38
Number of participants with account balances	2021-01-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1
2020: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	39
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	36
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	6
Total of all active and inactive participants	2020-01-01	42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	42
Number of participants with account balances	2020-01-01	39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	42
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	36
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	3
Total of all active and inactive participants	2019-01-01	39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	39
Number of participants with account balances	2019-01-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	42
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	38
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	4
Total of all active and inactive participants	2018-01-01	42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	42
Number of participants with account balances	2018-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	42
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	40
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	2
Total of all active and inactive participants	2017-01-01	42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	42
Number of participants with account balances	2017-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	39
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	39
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	3
Total of all active and inactive participants	2016-01-01	42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	42
Number of participants with account balances	2016-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN

Measure	Date	Value
2023 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2023 401k financial data
Transfers to/from the plan	2023-12-31	$0
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$1,066,083
Expenses. Total of all expenses incurred	2023-12-31	$574,565
Benefits paid (including direct rollovers)	2023-12-31	$549,997
Total plan assets at end of year	2023-12-31	$5,044,092
Total plan assets at beginning of year	2023-12-31	$4,552,574
Value of fidelity bond covering the plan	2023-12-31	$500,000
Assets. Value of tangible personal property	2023-12-31	$0
Total contributions received or receivable from participants	2023-12-31	$80,713
Assets. Value of loans (other than to participants)	2023-12-31	$0
Expenses. Other expenses not covered elsewhere	2023-12-31	$0
Contributions received from other sources (not participants or employers)	2023-12-31	$0
Other income received	2023-12-31	$773,827
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$491,518
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$5,044,092
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$4,552,574
Assets. Value of participant loans	2023-12-31	$86,627
Assets. Value of assets in partnership/joint-venture interests	2023-12-31	$0
Assets. Value of real-estate (other than employer real property)	2023-12-31	$0
Assets. Value of employer securities	2023-12-31	$0
Assets. Value of employer real property	2023-12-31	$0
Total contributions received or receivable from employer(s)	2023-12-31	$211,543
Value of certain deemed distributions of participant loans	2023-12-31	$0
Value of corrective distributions	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$24,568
2022 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-396,632
Expenses. Total of all expenses incurred	2022-12-31	$272,224
Benefits paid (including direct rollovers)	2022-12-31	$246,776
Total plan assets at end of year	2022-12-31	$4,552,574
Total plan assets at beginning of year	2022-12-31	$5,221,430
Value of fidelity bond covering the plan	2022-12-31	$500,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$78,637
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$100,000
Other income received	2022-12-31	$-797,719
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-668,856
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$4,552,574
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$5,221,430
Assets. Value of participant loans	2022-12-31	$96,632
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$222,450
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$25,448
2021 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$816,988
Expenses. Total of all expenses incurred	2021-12-31	$1,020,687
Benefits paid (including direct rollovers)	2021-12-31	$995,021
Total plan assets at end of year	2021-12-31	$5,221,430
Total plan assets at beginning of year	2021-12-31	$5,425,129
Value of fidelity bond covering the plan	2021-12-31	$500,000
Assets. Value of tangible personal property	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$76,380
Assets. Value of loans (other than to participants)	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$513,718
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$-203,699
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$5,221,430
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$5,425,129
Assets. Value of participant loans	2021-12-31	$133,695
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$0
Assets. Value of real-estate (other than employer real property)	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$0
Assets. Value of employer real property	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$226,890
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$25,666
2020 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$1,090,762
Expenses. Total of all expenses incurred	2020-12-31	$325,984
Benefits paid (including direct rollovers)	2020-12-31	$301,419
Total plan assets at end of year	2020-12-31	$5,425,129
Total plan assets at beginning of year	2020-12-31	$4,660,351
Value of fidelity bond covering the plan	2020-12-31	$500,000
Assets. Value of tangible personal property	2020-12-31	$0
Total contributions received or receivable from participants	2020-12-31	$86,049
Assets. Value of loans (other than to participants)	2020-12-31	$0
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$745,293
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$764,778
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$5,425,129
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$4,660,351
Assets. Value of participant loans	2020-12-31	$129,067
Assets. Value of assets in partnership/joint-venture interests	2020-12-31	$0
Assets. Value of real-estate (other than employer real property)	2020-12-31	$0
Assets. Value of employer securities	2020-12-31	$0
Assets. Value of employer real property	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$259,420
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$24,565
2019 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$985,794
Expenses. Total of all expenses incurred	2019-12-31	$1,188,384
Benefits paid (including direct rollovers)	2019-12-31	$1,163,337
Total plan assets at end of year	2019-12-31	$4,660,351
Total plan assets at beginning of year	2019-12-31	$4,862,941
Value of fidelity bond covering the plan	2019-12-31	$500,000
Total contributions received or receivable from participants	2019-12-31	$118,663
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$607,855
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$-202,590
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$4,660,351
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$4,862,941
Assets. Value of participant loans	2019-12-31	$122,480
Total contributions received or receivable from employer(s)	2019-12-31	$259,276
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$25,047
2018 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$272,609
Expenses. Total of all expenses incurred	2018-12-31	$146,718
Benefits paid (including direct rollovers)	2018-12-31	$119,039
Total plan assets at end of year	2018-12-31	$4,862,941
Total plan assets at beginning of year	2018-12-31	$4,737,050
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$96,238
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-99,804
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$125,891
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$4,862,941
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$4,737,050
Assets. Value of participant loans	2018-12-31	$59,223
Total contributions received or receivable from employer(s)	2018-12-31	$276,175
Value of certain deemed distributions of participant loans	2018-12-31	$2,765
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$24,914
2017 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$657,207
Expenses. Total of all expenses incurred	2017-12-31	$63,768
Benefits paid (including direct rollovers)	2017-12-31	$42,014
Total plan assets at end of year	2017-12-31	$4,737,050
Total plan assets at beginning of year	2017-12-31	$4,143,611
Value of fidelity bond covering the plan	2017-12-31	$500,000
Total contributions received or receivable from participants	2017-12-31	$97,247
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$327,761
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$593,439
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$4,737,050
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$4,143,611
Assets. Value of participant loans	2017-12-31	$49,486
Total contributions received or receivable from employer(s)	2017-12-31	$232,199
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$21,754
2016 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$270,540
Expenses. Total of all expenses incurred	2016-12-31	$411,364
Benefits paid (including direct rollovers)	2016-12-31	$406,269
Total plan assets at end of year	2016-12-31	$4,143,611
Total plan assets at beginning of year	2016-12-31	$4,284,435
Value of fidelity bond covering the plan	2016-12-31	$500,000
Total contributions received or receivable from participants	2016-12-31	$86,045
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$31,266
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$-140,824
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$4,143,611
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$4,284,435
Assets. Value of participant loans	2016-12-31	$73,212
Total contributions received or receivable from employer(s)	2016-12-31	$153,229
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$5,095
2008 : PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2008 401k financial data
Transfers to/from the plan	2008-12-31	$0
Total income from all sources	2008-12-31	$-488,465
Expenses. Total of all expenses incurred	2008-12-31	$402,087
Benefits paid (including direct rollovers)	2008-12-31	$402,023
Total plan assets at end of year	2008-12-31	$2,637,411
Total plan assets at beginning of year	2008-12-31	$3,527,963
Value of fidelity bond covering the plan	2008-12-31	$440,000
Total contributions received or receivable from participants	2008-12-31	$69,656
Expenses. Other expenses not covered elsewhere	2008-12-31	$64
Contributions received from other sources (not participants or employers)	2008-12-31	$0
Other income received	2008-12-31	$-747,877
Noncash contributions received	2008-12-31	$0
Net income (gross income less expenses)	2008-12-31	$-890,552
Net plan assets at end of year (total assets less liabilities)	2008-12-31	$2,637,411
Net plan assets at beginning of year (total assets less liabilities)	2008-12-31	$3,527,963
Assets. Value of participant loans	2008-12-31	$108,393
Total contributions received or receivable from employer(s)	2008-12-31	$189,756
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2008-12-31	$0

Form 5500 Responses for PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN

2023: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	This submission is the final filing	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PREFERRED INDUSTRIES, INC EMPLOYEES' 401K PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PREFERRED INDUSTRIES, INC.
Employer identification number (EIN):	382153788
NAIC Classification:	333510