PRECO, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PRECO INC PROFIT SHARING/401(K) SAVINGS PLAN
Measure | Date | Value |
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2022 : PRECO INC PROFIT SHARING/401(K) SAVINGS PLAN 2022 401k financial data |
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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 | $2,715 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-5,482,925 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $2,081,102 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,001,202 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,906,417 |
Value of total assets at end of year | 2022-12-31 | $33,648,372 |
Value of total assets at beginning of year | 2022-12-31 | $41,209,684 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $79,900 |
Total interest from all sources | 2022-12-31 | $17,022 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $75,467 |
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 | $75,467 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $2,000,000 |
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 | $1,384,958 |
Participant contributions at end of year | 2022-12-31 | $290,821 |
Participant contributions at beginning of year | 2022-12-31 | $319,324 |
Participant contributions at end of year | 2022-12-31 | $628 |
Participant contributions at beginning of year | 2022-12-31 | $1,983 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $82,365 |
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 | $2,715 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $0 |
Other income not declared elsewhere | 2022-12-31 | $-10,634 |
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 | $-7,564,027 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $33,645,657 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $41,209,684 |
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 | $6,385,548 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $8,863,598 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $9,482,471 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $11,321,062 |
Interest on participant loans | 2022-12-31 | $10,540 |
Interest earned on other investments | 2022-12-31 | $6,482 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $17,376,108 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $20,578,947 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $112,796 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $121,057 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,906,234 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,969,652 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-3,595,311 |
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 | Yes |
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 | $439,094 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $3,713 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,001,202 |
Contract administrator fees | 2022-12-31 | $79,900 |
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 | BERGANKDV |
Accountancy firm EIN | 2022-12-31 | 411431613 |