Civic Intelligence
Filing

PLATINUM SERVICES, INC. RETIREMENT PLAN

PLATINUM SERVICES, INC. • EIN 04-2530708 • Holbrook, MA • Plan year 2005

Company ProfileSource Archive
275 Centre St Ste 14Holbrook, MA 02343-1079
Filing Insights

Participants

Down

15 → 5

-10 • -66.67%

Assets

Up

$72,733 → $84,935

$12,202 • 16.78%

Investment Management Fee

-

Admin expenses - • Total expenses $5,679

Filing Details

Context
Net investment result
$12,202
Pension payor EIN
57-1198022

Status Flags

Fidelity bond in place

No

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2025163$479,228$375,065$5,953iApproximate average salary by contribution assumption: employee only about $148,835 at 4% or $99,224 at 6%; with 50% employer match about $99,224 at 4% or $66,149 at 6%; with 100% employer match about $74,418 at 4% or $49,612 at 6%.
PLATINUM ELECTRICAL SERVICES I 401(K) PROFIT SHARING PLAN & TRUST-63$479,228$375,065$5,953iApproximate average salary by contribution assumption: employee only about $148,835 at 4% or $99,224 at 6%; with 50% employer match about $99,224 at 4% or $66,149 at 6%; with 100% employer match about $74,418 at 4% or $49,612 at 6%.
2024148$118,899$90,974$1,895iApproximate average salary by contribution assumption: employee only about $47,382 at 4% or $31,588 at 6%; with 50% employer match about $31,588 at 4% or $21,059 at 6%; with 100% employer match about $23,691 at 4% or $15,794 at 6%.
PLATINUM ELECTRICAL SERVICES I 401(K) PROFIT SHARING PLAN & TRUST-48$118,899$90,974$1,895iApproximate average salary by contribution assumption: employee only about $47,382 at 4% or $31,588 at 6%; with 50% employer match about $31,588 at 4% or $21,059 at 6%; with 100% employer match about $23,691 at 4% or $15,794 at 6%.
2023140$21,093$19,640$491iApproximate average salary by contribution assumption: employee only about $12,275 at 4% or $8,183 at 6%; with 50% employer match about $8,183 at 4% or $5,456 at 6%; with 100% employer match about $6,138 at 4% or $4,092 at 6%.
PLATINUM ELECTRICAL 401(K) PLAN-40$21,093$19,640$491iApproximate average salary by contribution assumption: employee only about $12,275 at 4% or $8,183 at 6%; with 50% employer match about $8,183 at 4% or $5,456 at 6%; with 100% employer match about $6,138 at 4% or $4,092 at 6%.
200613$46,085$0-
PLATINUM SERVICES, INC. RETIREMENT PLAN-3$46,085--
200515$84,935$12,177$2,435iApproximate average salary by contribution assumption: employee only about $60,885 at 4% or $40,590 at 6%; with 50% employer match about $40,590 at 4% or $27,060 at 6%; with 100% employer match about $30,443 at 4% or $20,295 at 6%.
PLATINUM SERVICES, INC. RETIREMENT PLANCurrent5$84,935$12,177$2,435iApproximate average salary by contribution assumption: employee only about $60,885 at 4% or $40,590 at 6%; with 50% employer match about $40,590 at 4% or $27,060 at 6%; with 100% employer match about $30,443 at 4% or $20,295 at 6%.
200419$72,733$8,046$894iApproximate average salary by contribution assumption: employee only about $22,350 at 4% or $14,900 at 6%; with 50% employer match about $14,900 at 4% or $9,933 at 6%; with 100% employer match about $11,175 at 4% or $7,450 at 6%.
PLATINUM SERVICES, INC. RETIREMENT PLAN-9$72,733$8,046$894iApproximate average salary by contribution assumption: employee only about $22,350 at 4% or $14,900 at 6%; with 50% employer match about $14,900 at 4% or $9,933 at 6%; with 100% employer match about $11,175 at 4% or $7,450 at 6%.
200317$0$0-
PLATINUM SERVICES, INC. RETIREMENT PLAN-7---
200218$0$0-
PLATINUM SERVICES, INC. RETIREMENT PLAN-8---
200118$0$0-
PLATINUM SERVICES, INC. RETIREMENT PLAN-8---
200014$0$0-
PLATINUM SERVICES, INC. RETIREMENT PLAN-4---
Schedule Details

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$84,935$12,202 change

Balance Sheet

Beginning and end of plan year.

Total assets$72,733$84,935Increase +$12,202 (16.78%)
Total liabilities$0$0No change $0
Net assets$72,733$84,935Increase +$12,202 (16.78%)

Contributions

Employer contributions$0
Participant contributions$12,177
Other contributions$0

Income & Expenses

Total income$17,881
Total expenses$5,679
Net income$12,202
Source fields
Schedule I source fields
Filing Id
84037340175287
Schedule I EIN
04-2530708
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2005-04-01
Schedule I Tax Period
20060331
Small plan total assets at beginning of year
$72,733
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$72,733
Small plan total assets at end of year
$84,935
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$84,935
Small plan employer contributions
$0
Small plan participant contributions
$12,177
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$5,704
Small plan total income
$17,881
Small plan total benefit distributions
$5,679
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$5,679
Small plan net income or loss
$12,202
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
No
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
No
Small plan fidelity bond amount
$0
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN57-1198022

Transfers

Distributed property value$0
Schedule R source fields
Payor 57-1198022
Filing Id
84037340175287
Schedule R EIN
04-2530708
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2005-04-01
Schedule R Tax Period
20060331
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
57-1198022
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
Pension Satisfy Cover Basis Code
1