401k Plan data: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN plan

PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 401k Plan overview

Plan Name	PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN
Plan identification number	001

PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) 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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PALACIOS MARINE & INDUSTRIAL COATINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name: PALACIOS MARINE & INDUSTRIAL COATINGS, INC.

Employer identification number (EIN): 550831222

NAIC Classification: 236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2018-01-01
001 2017-01-01
001 2017-01-01
001 2016-01-01
001 2016-01-01
001 2015-01-01
001 2015-01-01
001 2014-01-01 BRINKLEY RICHARDSON
001 2013-01-01 BRINKLEY RICHARDSON

Plan Statistics for PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN

401k plan membership statisitcs for PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN

Measure Date Value
2022: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 630
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 761
Number of retired or separated participants receiving benefits 2022-01-01 2
Number of other retired or separated participants entitled to future benefits 2022-01-01 16
Total of all active and inactive participants 2022-01-01 779
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 779
Number of participants with account balances 2022-01-01 128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 10
2021: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 500
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 437
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 16
Total of all active and inactive participants 2021-01-01 453
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 453
Number of participants with account balances 2021-01-01 101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 7
2020: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 405
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 377
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 9
Total of all active and inactive participants 2020-01-01 386
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 386
Number of participants with account balances 2020-01-01 75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 3
2019: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 413
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 324
Number of retired or separated participants receiving benefits 2019-01-01 2
Number of other retired or separated participants entitled to future benefits 2019-01-01 11
Total of all active and inactive participants 2019-01-01 337
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 337
Number of participants with account balances 2019-01-01 60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 2
2018: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 398
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 272
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 24
Total of all active and inactive participants 2018-01-01 296
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 296
Number of participants with account balances 2018-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 6
2017: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 381
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 307
Number of other retired or separated participants entitled to future benefits 2017-01-01 15
Total of all active and inactive participants 2017-01-01 322
Total participants 2017-01-01 322
Number of participants with account balances 2017-01-01 65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 5
2016: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 404
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 393
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 16
Total of all active and inactive participants 2016-01-01 409
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 409
Number of participants with account balances 2016-01-01 63
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 10
2015: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 388
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 417
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 25
Total of all active and inactive participants 2015-01-01 442
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 442
Number of participants with account balances 2015-01-01 97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 13
2014: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 429
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 281
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 20
Total of all active and inactive participants 2014-01-01 301
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 301
Number of participants with account balances 2014-01-01 79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 14
2013: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 163
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 604
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 10
Total of all active and inactive participants 2013-01-01 614
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 614
Number of participants with account balances 2013-01-01 84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 10

Measure	Date	Value
2022: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	630
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	761
Number of retired or separated participants receiving benefits	2022-01-01	2
Number of other retired or separated participants entitled to future benefits	2022-01-01	16
Total of all active and inactive participants	2022-01-01	779
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	779
Number of participants with account balances	2022-01-01	128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	10
2021: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	500
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	437
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	16
Total of all active and inactive participants	2021-01-01	453
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	453
Number of participants with account balances	2021-01-01	101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	7
2020: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	405
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	377
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	9
Total of all active and inactive participants	2020-01-01	386
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	386
Number of participants with account balances	2020-01-01	75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	3
2019: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	413
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	324
Number of retired or separated participants receiving benefits	2019-01-01	2
Number of other retired or separated participants entitled to future benefits	2019-01-01	11
Total of all active and inactive participants	2019-01-01	337
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	337
Number of participants with account balances	2019-01-01	60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	2
2018: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	398
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	272
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	24
Total of all active and inactive participants	2018-01-01	296
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	296
Number of participants with account balances	2018-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	6
2017: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	381
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	307
Number of other retired or separated participants entitled to future benefits	2017-01-01	15
Total of all active and inactive participants	2017-01-01	322
Total participants	2017-01-01	322
Number of participants with account balances	2017-01-01	65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	5
2016: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	404
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	393
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	16
Total of all active and inactive participants	2016-01-01	409
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	409
Number of participants with account balances	2016-01-01	63
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	10
2015: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	388
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	417
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	25
Total of all active and inactive participants	2015-01-01	442
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	442
Number of participants with account balances	2015-01-01	97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	13
2014: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	429
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	281
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	20
Total of all active and inactive participants	2014-01-01	301
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	301
Number of participants with account balances	2014-01-01	79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	14
2013: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	163
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	604
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	10
Total of all active and inactive participants	2013-01-01	614
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	614
Number of participants with account balances	2013-01-01	84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	10

Financial Data on PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN

Measure	Date	Value
2022 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$88,865
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$97,773
Total income from all sources (including contributions)	2022-12-31	$333,734
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$220,964
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$126,959
Value of total corrective distributions	2022-12-31	$88,865
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$756,945
Value of total assets at end of year	2022-12-31	$2,839,987
Value of total assets at beginning of year	2022-12-31	$2,736,125
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$5,140
Total interest from all sources	2022-12-31	$7,312
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$110,699
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$110,699
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$284,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$571,227
Participant contributions at end of year	2022-12-31	$171,879
Participant contributions at beginning of year	2022-12-31	$151,627
Participant contributions at end of year	2022-12-31	$490
Participant contributions at beginning of year	2022-12-31	$147
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$23,823
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$88,865
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$97,773
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$112,770
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$2,751,122
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$2,638,352
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$2,667,356
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$2,580,510
Interest on participant loans	2022-12-31	$7,312
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$82
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$3,771
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$3,771
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-541,222
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$161,895
Employer contributions (assets) at end of year	2022-12-31	$180
Employer contributions (assets) at beginning of year	2022-12-31	$70
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$126,959
Contract administrator fees	2022-12-31	$5,140
Liabilities. Value of benefit claims payable at end of year	2022-12-31	$0
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	CROWE LLP
Accountancy firm EIN	2022-12-31	350921680
2021 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$97,773
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$27,220
Total income from all sources (including contributions)	2021-12-31	$775,813
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$278,962
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$274,179
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$455,977
Value of total assets at end of year	2021-12-31	$2,736,125
Value of total assets at beginning of year	2021-12-31	$2,168,721
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$4,783
Total interest from all sources	2021-12-31	$6,850
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$109,765
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$109,765
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$350,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$306,159
Participant contributions at end of year	2021-12-31	$151,627
Participant contributions at beginning of year	2021-12-31	$133,133
Participant contributions at end of year	2021-12-31	$147
Participant contributions at beginning of year	2021-12-31	$250
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$17,032
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$27,220
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$496,851
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$2,638,352
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$2,141,501
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$2,580,510
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$2,035,233
Interest on participant loans	2021-12-31	$6,850
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$3,771
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$203,221
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$132,786
Employer contributions (assets) at end of year	2021-12-31	$70
Employer contributions (assets) at beginning of year	2021-12-31	$105
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$274,179
Contract administrator fees	2021-12-31	$4,783
Liabilities. Value of benefit claims payable at end of year	2021-12-31	$97,773
Liabilities. Value of benefit claims payable at beginning of year	2021-12-31	$0
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	CROWE LLP
Accountancy firm EIN	2021-12-31	350921680
2020 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$27,220
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$22,097
Total income from all sources (including contributions)	2020-12-31	$756,485
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$109,622
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$104,962
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$495,793
Value of total assets at end of year	2020-12-31	$2,168,721
Value of total assets at beginning of year	2020-12-31	$1,516,735
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$4,660
Total interest from all sources	2020-12-31	$5,238
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$48,818
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$200,000
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	$231,818
Participant contributions at end of year	2020-12-31	$133,133
Participant contributions at beginning of year	2020-12-31	$65,465
Participant contributions at end of year	2020-12-31	$250
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$176,079
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$27,220
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$22,097
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	$646,863
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$2,141,501
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$1,494,638
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 registered invesment companies (eg mutual funds) at end of year	2020-12-31	$2,035,233
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$1,451,270
Interest on participant loans	2020-12-31	$5,238
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$206,636
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	Yes
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	$87,896
Employer contributions (assets) at end of year	2020-12-31	$105
Employer contributions (assets) at beginning of year	2020-12-31	$0
Income. Dividends from common stock	2020-12-31	$48,818
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$104,962
Contract administrator fees	2020-12-31	$4,660
Liabilities. Value of benefit claims payable at end of year	2020-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2020-12-31	$0
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	BRIGGS & VESELKA, CO.
Accountancy firm EIN	2020-12-31	741769118
2019 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$22,097
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$96,750
Total income from all sources (including contributions)	2019-12-31	$492,304
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$82,970
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$77,693
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$237,573
Value of total assets at end of year	2019-12-31	$1,516,735
Value of total assets at beginning of year	2019-12-31	$1,182,054
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$5,277
Total interest from all sources	2019-12-31	$5,309
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$50,755
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$50,755
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$150,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$178,128
Participant contributions at end of year	2019-12-31	$65,465
Participant contributions at beginning of year	2019-12-31	$66,903
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$3,651
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$22,097
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$96,750
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	$409,334
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$1,494,638
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,085,304
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 leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$1,451,270
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,110,358
Interest on participant loans	2019-12-31	$5,309
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$198,667
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
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	$59,445
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at beginning of year	2019-12-31	$1,142
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$77,693
Contract administrator fees	2019-12-31	$5,277
Liabilities. Value of benefit claims payable at end of year	2019-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2019-12-31	$0
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
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
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BRIGGS & VESELKA, CO.
Accountancy firm EIN	2019-12-31	741769118
2018 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$96,750
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$56,253
Total income from all sources (including contributions)	2018-12-31	$183,998
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$207,143
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$202,938
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$255,274
Value of total assets at end of year	2018-12-31	$1,182,054
Value of total assets at beginning of year	2018-12-31	$1,164,702
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$4,205
Total interest from all sources	2018-12-31	$3,534
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$120,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$162,312
Participant contributions at end of year	2018-12-31	$66,903
Participant contributions at beginning of year	2018-12-31	$46,276
Participant contributions at end of year	2018-12-31	$3,651
Participant contributions at beginning of year	2018-12-31	$7,715
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$32,142
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$96,750
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$56,253
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	$-23,145
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$1,085,304
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$1,108,449
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 registered invesment companies (eg mutual funds) at end of year	2018-12-31	$1,110,358
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$1,108,094
Interest on participant loans	2018-12-31	$3,534
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-74,810
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	$60,820
Employer contributions (assets) at end of year	2018-12-31	$1,142
Employer contributions (assets) at beginning of year	2018-12-31	$2,617
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$202,938
Contract administrator fees	2018-12-31	$4,205
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	BRIGGS & VESELKA, CO.
Accountancy firm EIN	2018-12-31	741769118
2017 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$56,253
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$59,530
Total income from all sources (including contributions)	2017-12-31	$368,204
Total of all expenses incurred	2017-12-31	$72,658
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$13,281
Value of total corrective distributions	2017-12-31	$56,253
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$200,723
Value of total assets at end of year	2017-12-31	$1,164,702
Value of total assets at beginning of year	2017-12-31	$872,433
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$3,124
Total interest from all sources	2017-12-31	$2,405
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
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	$120,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$135,303
Participant contributions at end of year	2017-12-31	$46,276
Participant contributions at beginning of year	2017-12-31	$44,860
Participant contributions at end of year	2017-12-31	$7,715
Participant contributions at beginning of year	2017-12-31	$4,450
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$56,253
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$59,530
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	$295,546
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$1,108,449
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$812,903
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 registered invesment companies (eg mutual funds) at end of year	2017-12-31	$1,108,094
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$823,123
Interest on participant loans	2017-12-31	$2,405
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$165,076
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	$65,420
Employer contributions (assets) at end of year	2017-12-31	$2,617
Employer contributions (assets) at beginning of year	2017-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$13,281
Contract administrator fees	2017-12-31	$3,124
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.
Accountancy firm EIN	2017-12-31	741769118
2016 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$1,232
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$59,530
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$55,322
Total income from all sources (including contributions)	2016-12-31	$228,361
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$150,803
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$85,630
Value of total corrective distributions	2016-12-31	$59,530
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$172,987
Value of total assets at end of year	2016-12-31	$872,433
Value of total assets at beginning of year	2016-12-31	$791,899
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$5,643
Total interest from all sources	2016-12-31	$1,625
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
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	$120,000
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	$139,821
Participant contributions at end of year	2016-12-31	$44,860
Participant contributions at beginning of year	2016-12-31	$33,216
Participant contributions at end of year	2016-12-31	$4,450
Participant contributions at beginning of year	2016-12-31	$3,236
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$157
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$59,530
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-12-31	$55,322
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	$77,558
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$812,903
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$736,577
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
Investment advisory and management fees	2016-12-31	$5,643
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$823,123
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$754,363
Interest on participant loans	2016-12-31	$1,625
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$53,749
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	Yes
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	$33,009
Employer contributions (assets) at beginning of year	2016-12-31	$1,084
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$85,630
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.
Accountancy firm EIN	2016-12-31	741769118
2015 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total transfer of assets from this plan	2015-12-31	$239,692
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$55,322
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$447,313
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$102,978
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$43,785
Value of total corrective distributions	2015-12-31	$55,322
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$447,178
Value of total assets at end of year	2015-12-31	$791,899
Value of total assets at beginning of year	2015-12-31	$631,934
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$3,871
Total interest from all sources	2015-12-31	$1,008
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
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
If this is an individual account plan, was there a blackout period	2015-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$195,843
Participant contributions at end of year	2015-12-31	$33,216
Participant contributions at beginning of year	2015-12-31	$12,462
Participant contributions at end of year	2015-12-31	$3,236
Participant contributions at beginning of year	2015-12-31	$2,764
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$173,665
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$55,322
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	$344,335
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$736,577
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$631,934
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
Investment advisory and management fees	2015-12-31	$3,871
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$754,363
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$615,913
Interest on participant loans	2015-12-31	$1,008
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-873
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	Yes
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	$77,670
Employer contributions (assets) at end of year	2015-12-31	$1,084
Employer contributions (assets) at beginning of year	2015-12-31	$795
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$43,785
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.
Accountancy firm EIN	2015-12-31	741769118
2014 : PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2014 401k financial data
Total income from all sources (including contributions)	2014-12-31	$333,663
Total of all expenses incurred	2014-12-31	$25,881
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$22,212
Value of total corrective distributions	2014-12-31	$1,749
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$302,870
Value of total assets at end of year	2014-12-31	$631,934
Value of total assets at beginning of year	2014-12-31	$324,152
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$1,920
Total interest from all sources	2014-12-31	$57
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	No
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$217,198
Participant contributions at end of year	2014-12-31	$12,462
Participant contributions at end of year	2014-12-31	$2,764
Participant contributions at beginning of year	2014-12-31	$1,684
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$4,690
Total non interest bearing cash at end of year	2014-12-31	$0
Total non interest bearing cash at beginning of year	2014-12-31	$0
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	$307,782
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$631,934
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$324,152
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	$615,913
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$321,915
Interest on participant loans	2014-12-31	$57
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$30,736
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	$80,982
Employer contributions (assets) at end of year	2014-12-31	$795
Employer contributions (assets) at beginning of year	2014-12-31	$553
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$22,212
Contract administrator fees	2014-12-31	$1,920
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	MARCUM, LLP
Accountancy firm EIN	2014-12-31	111986323
2013 : PALACIOS MARINE AND INDUSTRIAL COATINGS 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	$325,640
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$3,725
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$3,545
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$304,716
Value of total assets at end of year	2013-12-31	$321,915
Value of total assets at beginning of year	2013-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$180
Total interest from all sources	2013-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	No
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	$111,070
Participant contributions at end of year	2013-12-31	$1,684
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$156,191
Total non interest bearing cash at end of year	2013-12-31	$1,262
Total non interest bearing cash at beginning of year	2013-12-31	$0
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	$321,915
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$321,915
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$0
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	$320,653
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$20,924
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	$37,455
Employer contributions (assets) at end of year	2013-12-31	$553
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$3,545
Contract administrator fees	2013-12-31	$180
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	KLINGLE, TEINERT & HENKE, PLLC
Accountancy firm EIN	2013-12-31	263442461

Form 5500 Responses for PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN

2022: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	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: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	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: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	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: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) 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: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	Yes
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: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	Yes
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: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) 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
2015: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	Yes
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PALACIOS MARINE AND INDUSTRIAL COATINGS 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	Yes
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PALACIOS MARINE & INDUSTRIAL COATINGS, INC.
Employer identification number (EIN):	550831222
NAIC Classification:	236200