401k Plan data: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN plan

PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 401k Plan overview

Plan Name	PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN
Plan identification number	001

PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PRECISION RATHOLE, INC. has sponsored the creation of one or more 401k plans.

Company Name: PRECISION RATHOLE, INC.

Employer identification number (EIN): 710843431

NAIC Classification: 238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION RATHOLE, INC. PROFIT SHARING 401(K) 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 DAVID MORRIS
001 2017-01-01 DAVID MORRIS
001 2016-01-01 DAVID MORRIS
001 2015-01-01 DAVID MORRIS
001 2014-01-01 DAVID MORRIS
001 2013-01-01 DAVID MORRIS
001 2012-01-01 DAVID MORRIS
001 2011-01-01 DAVID MORRIS
001 2009-01-01 DAVID MORRIS

Plan Statistics for PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN

401k plan membership statisitcs for PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2023: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 15
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 4
Total of all active and inactive participants 2023-01-01 20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 20
Number of participants with account balances 2023-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 24
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 17
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 4
Total of all active and inactive participants 2022-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 21
Number of participants with account balances 2022-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 28
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 18
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 6
Total of all active and inactive participants 2021-01-01 24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 24
Number of participants with account balances 2021-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 21
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 15
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 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 21
Number of participants with account balances 2020-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 17
Number of retired or separated participants receiving benefits 2019-01-01 4
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 21
Number of participants with account balances 2019-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 1
2018: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 13
Number of retired or separated participants receiving benefits 2018-01-01 4
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 17
Number of participants with account balances 2018-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 2
2017: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 21
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 17
Number of retired or separated participants receiving benefits 2017-01-01 5
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 22
Number of participants with account balances 2017-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 1
2016: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 31
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 19
Number of retired or separated participants receiving benefits 2016-01-01 2
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 21
Number of participants with account balances 2016-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 5
2015: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 38
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 29
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 2
Total of all active and inactive participants 2015-01-01 31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 31
Number of participants with account balances 2015-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 7
2014: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 47
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 36
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 2
Total of all active and inactive participants 2014-01-01 38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 38
Number of participants with account balances 2014-01-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 7
2013: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 53
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 45
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 2
Total of all active and inactive participants 2013-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 47
Number of participants with account balances 2013-01-01 47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 9
2012: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 39
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 52
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 1
Total of all active and inactive participants 2012-01-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 53
Number of participants with account balances 2012-01-01 53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 4
2011: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 36
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 3
Total of all active and inactive participants 2011-01-01 39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 39
Number of participants with account balances 2011-01-01 39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 3
2009: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 27
Number of retired or separated participants receiving benefits 2009-01-01 2
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 29
Number of participants with account balances 2009-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2023: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	15
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	4
Total of all active and inactive participants	2023-01-01	20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	20
Number of participants with account balances	2023-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	24
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	17
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	4
Total of all active and inactive participants	2022-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	21
Number of participants with account balances	2022-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	28
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	18
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	6
Total of all active and inactive participants	2021-01-01	24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	24
Number of participants with account balances	2021-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	21
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	15
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	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	21
Number of participants with account balances	2020-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	17
Number of retired or separated participants receiving benefits	2019-01-01	4
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	21
Number of participants with account balances	2019-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	1
2018: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	13
Number of retired or separated participants receiving benefits	2018-01-01	4
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	17
Number of participants with account balances	2018-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	2
2017: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	21
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	17
Number of retired or separated participants receiving benefits	2017-01-01	5
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	22
Number of participants with account balances	2017-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	1
2016: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	31
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	19
Number of retired or separated participants receiving benefits	2016-01-01	2
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	21
Number of participants with account balances	2016-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	5
2015: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	38
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	29
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	2
Total of all active and inactive participants	2015-01-01	31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	31
Number of participants with account balances	2015-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	7
2014: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	47
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	36
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	2
Total of all active and inactive participants	2014-01-01	38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	38
Number of participants with account balances	2014-01-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	7
2013: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	53
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	45
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	2
Total of all active and inactive participants	2013-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	47
Number of participants with account balances	2013-01-01	47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	9
2012: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	39
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	52
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	1
Total of all active and inactive participants	2012-01-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	53
Number of participants with account balances	2012-01-01	53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	4
2011: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	36
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	3
Total of all active and inactive participants	2011-01-01	39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	39
Number of participants with account balances	2011-01-01	39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	3
2009: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	27
Number of retired or separated participants receiving benefits	2009-01-01	2
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	29
Number of participants with account balances	2009-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN

Measure	Date	Value
2023 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2023 401k financial data
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$177,431
Expenses. Total of all expenses incurred	2023-12-31	$14,040
Benefits paid (including direct rollovers)	2023-12-31	$6,994
Total plan assets at end of year	2023-12-31	$1,304,311
Total plan assets at beginning of year	2023-12-31	$1,140,920
Value of fidelity bond covering the plan	2023-12-31	$120,000
Assets. Value of tangible personal property	2023-12-31	$68,695
Total contributions received or receivable from participants	2023-12-31	$20,039
Expenses. Other expenses not covered elsewhere	2023-12-31	$7,046
Other income received	2023-12-31	$140,863
Net income (gross income less expenses)	2023-12-31	$163,391
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$1,304,311
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$1,140,920
Total contributions received or receivable from employer(s)	2023-12-31	$16,529
2022 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$6
Total income from all sources	2022-12-31	$-74,231
Expenses. Total of all expenses incurred	2022-12-31	$167,384
Benefits paid (including direct rollovers)	2022-12-31	$161,028
Total plan assets at end of year	2022-12-31	$1,140,920
Total plan assets at beginning of year	2022-12-31	$1,382,541
Value of fidelity bond covering the plan	2022-12-31	$120,000
Assets. Value of tangible personal property	2022-12-31	$61,827
Total contributions received or receivable from participants	2022-12-31	$21,298
Expenses. Other expenses not covered elsewhere	2022-12-31	$6,356
Other income received	2022-12-31	$-112,793
Net income (gross income less expenses)	2022-12-31	$-241,615
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,140,920
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$1,382,535
Total contributions received or receivable from employer(s)	2022-12-31	$17,264
2021 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$6
Total plan liabilities at beginning of year	2021-12-31	$6,980
Total income from all sources	2021-12-31	$274,754
Expenses. Total of all expenses incurred	2021-12-31	$228,251
Benefits paid (including direct rollovers)	2021-12-31	$225,262
Total plan assets at end of year	2021-12-31	$1,382,541
Total plan assets at beginning of year	2021-12-31	$1,343,012
Value of fidelity bond covering the plan	2021-12-31	$120,000
Total contributions received or receivable from participants	2021-12-31	$27,957
Expenses. Other expenses not covered elsewhere	2021-12-31	$2,637
Other income received	2021-12-31	$225,236
Net income (gross income less expenses)	2021-12-31	$46,503
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$1,382,535
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$1,336,032
Total contributions received or receivable from employer(s)	2021-12-31	$21,561
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$352
2020 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$6,980
Total plan liabilities at beginning of year	2020-12-31	$536
Total income from all sources	2020-12-31	$206,887
Expenses. Total of all expenses incurred	2020-12-31	$29,991
Benefits paid (including direct rollovers)	2020-12-31	$29,684
Total plan assets at end of year	2020-12-31	$1,343,012
Total plan assets at beginning of year	2020-12-31	$1,159,672
Value of fidelity bond covering the plan	2020-12-31	$120,000
Total contributions received or receivable from participants	2020-12-31	$35,072
Expenses. Other expenses not covered elsewhere	2020-12-31	$125
Other income received	2020-12-31	$146,110
Net income (gross income less expenses)	2020-12-31	$176,896
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$1,336,032
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,159,136
Total contributions received or receivable from employer(s)	2020-12-31	$25,705
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$182
2019 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$536
Total plan liabilities at beginning of year	2019-12-31	$1,602
Total income from all sources	2019-12-31	$298,535
Expenses. Total of all expenses incurred	2019-12-31	$98,432
Benefits paid (including direct rollovers)	2019-12-31	$92,549
Total plan assets at end of year	2019-12-31	$1,159,672
Total plan assets at beginning of year	2019-12-31	$960,635
Value of fidelity bond covering the plan	2019-12-31	$120,000
Total contributions received or receivable from participants	2019-12-31	$41,754
Expenses. Other expenses not covered elsewhere	2019-12-31	$1,782
Other income received	2019-12-31	$227,416
Net income (gross income less expenses)	2019-12-31	$200,103
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,159,136
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$959,033
Total contributions received or receivable from employer(s)	2019-12-31	$29,365
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$4,101
2018 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$1,602
Total plan liabilities at beginning of year	2018-12-31	$603
Total income from all sources	2018-12-31	$4,535
Expenses. Total of all expenses incurred	2018-12-31	$64,145
Benefits paid (including direct rollovers)	2018-12-31	$59,412
Total plan assets at end of year	2018-12-31	$960,635
Total plan assets at beginning of year	2018-12-31	$1,019,246
Value of fidelity bond covering the plan	2018-12-31	$120,000
Total contributions received or receivable from participants	2018-12-31	$28,485
Expenses. Other expenses not covered elsewhere	2018-12-31	$1,167
Other income received	2018-12-31	$-43,921
Net income (gross income less expenses)	2018-12-31	$-59,610
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$959,033
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$1,018,643
Total contributions received or receivable from employer(s)	2018-12-31	$19,971
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$3,566
2017 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2017 401k financial data
Total plan liabilities at end of year	2017-12-31	$603
Total plan liabilities at beginning of year	2017-12-31	$469
Total income from all sources	2017-12-31	$224,942
Expenses. Total of all expenses incurred	2017-12-31	$45,529
Benefits paid (including direct rollovers)	2017-12-31	$45,311
Total plan assets at end of year	2017-12-31	$1,019,246
Total plan assets at beginning of year	2017-12-31	$839,699
Value of fidelity bond covering the plan	2017-12-31	$100,000
Total contributions received or receivable from participants	2017-12-31	$56,393
Expenses. Other expenses not covered elsewhere	2017-12-31	$200
Other income received	2017-12-31	$137,104
Net income (gross income less expenses)	2017-12-31	$179,413
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,018,643
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$839,230
Total contributions received or receivable from employer(s)	2017-12-31	$31,445
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$18
2016 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2016 401k financial data
Total plan liabilities at end of year	2016-12-31	$469
Total plan liabilities at beginning of year	2016-12-31	$8
Total income from all sources	2016-12-31	$135,862
Expenses. Total of all expenses incurred	2016-12-31	$135,277
Benefits paid (including direct rollovers)	2016-12-31	$128,885
Total plan assets at end of year	2016-12-31	$839,699
Total plan assets at beginning of year	2016-12-31	$838,653
Value of fidelity bond covering the plan	2016-12-31	$100,000
Total contributions received or receivable from participants	2016-12-31	$35,826
Expenses. Other expenses not covered elsewhere	2016-12-31	$4,815
Other income received	2016-12-31	$77,670
Net income (gross income less expenses)	2016-12-31	$585
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$839,230
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$838,645
Total contributions received or receivable from employer(s)	2016-12-31	$22,366
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$1,577
2015 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$8
Total plan liabilities at beginning of year	2015-12-31	$4
Total income from all sources	2015-12-31	$91,227
Expenses. Total of all expenses incurred	2015-12-31	$58,395
Benefits paid (including direct rollovers)	2015-12-31	$53,312
Total plan assets at end of year	2015-12-31	$838,653
Total plan assets at beginning of year	2015-12-31	$805,817
Value of fidelity bond covering the plan	2015-12-31	$100,000
Total contributions received or receivable from participants	2015-12-31	$51,613
Expenses. Other expenses not covered elsewhere	2015-12-31	$4,929
Other income received	2015-12-31	$-554
Net income (gross income less expenses)	2015-12-31	$32,832
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$838,645
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$805,813
Total contributions received or receivable from employer(s)	2015-12-31	$40,168
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$154
2014 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$4
Total plan liabilities at beginning of year	2014-12-31	$4,963
Total income from all sources	2014-12-31	$185,251
Expenses. Total of all expenses incurred	2014-12-31	$128,653
Benefits paid (including direct rollovers)	2014-12-31	$123,762
Total plan assets at end of year	2014-12-31	$805,817
Total plan assets at beginning of year	2014-12-31	$754,178
Value of fidelity bond covering the plan	2014-12-31	$100,000
Total contributions received or receivable from participants	2014-12-31	$69,611
Expenses. Other expenses not covered elsewhere	2014-12-31	$4,671
Other income received	2014-12-31	$63,791
Net income (gross income less expenses)	2014-12-31	$56,598
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$805,813
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$749,215
Total contributions received or receivable from employer(s)	2014-12-31	$51,849
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$220
2013 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$4,963
Total plan liabilities at beginning of year	2013-12-31	$3,243
Total income from all sources	2013-12-31	$224,194
Expenses. Total of all expenses incurred	2013-12-31	$96,348
Benefits paid (including direct rollovers)	2013-12-31	$91,064
Total plan assets at end of year	2013-12-31	$754,178
Total plan assets at beginning of year	2013-12-31	$624,612
Value of fidelity bond covering the plan	2013-12-31	$250,000
Total contributions received or receivable from participants	2013-12-31	$64,176
Expenses. Other expenses not covered elsewhere	2013-12-31	$5,083
Other income received	2013-12-31	$119,380
Net income (gross income less expenses)	2013-12-31	$127,846
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$749,215
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$621,369
Total contributions received or receivable from employer(s)	2013-12-31	$40,638
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$201
2012 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$3,243
Total plan liabilities at beginning of year	2012-12-31	$2,309
Total income from all sources	2012-12-31	$176,160
Expenses. Total of all expenses incurred	2012-12-31	$76,119
Benefits paid (including direct rollovers)	2012-12-31	$72,928
Total plan assets at end of year	2012-12-31	$624,612
Total plan assets at beginning of year	2012-12-31	$523,637
Value of fidelity bond covering the plan	2012-12-31	$250,000
Total contributions received or receivable from participants	2012-12-31	$40,998
Expenses. Other expenses not covered elsewhere	2012-12-31	$1,255
Other income received	2012-12-31	$56,884
Net income (gross income less expenses)	2012-12-31	$100,041
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$621,369
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$521,328
Total contributions received or receivable from employer(s)	2012-12-31	$78,278
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$1,936
2011 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$2,309
Total plan liabilities at beginning of year	2011-12-31	$1,062
Total income from all sources	2011-12-31	$122,331
Expenses. Total of all expenses incurred	2011-12-31	$81,314
Benefits paid (including direct rollovers)	2011-12-31	$77,647
Total plan assets at end of year	2011-12-31	$523,637
Total plan assets at beginning of year	2011-12-31	$481,373
Value of fidelity bond covering the plan	2011-12-31	$250,000
Total contributions received or receivable from participants	2011-12-31	$48,525
Expenses. Other expenses not covered elsewhere	2011-12-31	$1,570
Other income received	2011-12-31	$-1,691
Net income (gross income less expenses)	2011-12-31	$41,017
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$521,328
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$480,311
Total contributions received or receivable from employer(s)	2011-12-31	$75,497
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$2,097
2010 : PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$1,062
Total plan liabilities at beginning of year	2010-12-31	$756
Total income from all sources	2010-12-31	$203,584
Expenses. Total of all expenses incurred	2010-12-31	$65,702
Benefits paid (including direct rollovers)	2010-12-31	$63,375
Total plan assets at end of year	2010-12-31	$481,373
Total plan assets at beginning of year	2010-12-31	$343,185
Value of fidelity bond covering the plan	2010-12-31	$250,000
Total contributions received or receivable from participants	2010-12-31	$71,256
Expenses. Other expenses not covered elsewhere	2010-12-31	$766
Other income received	2010-12-31	$47,125
Net income (gross income less expenses)	2010-12-31	$137,882
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$480,311
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$342,429
Total contributions received or receivable from employer(s)	2010-12-31	$85,203
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$1,561

Form 5500 Responses for PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN

2023: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	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: PRECISION RATHOLE, INC. PROFIT SHARING 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: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: PRECISION RATHOLE, INC. PROFIT SHARING 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PRECISION RATHOLE, INC.
Employer identification number (EIN):	710843431
NAIC Classification:	238900