Civic Intelligence
Filing

Precision-Aire Inc. 401(K) Plan

Precision-Aire Inc. • EIN 11-2856496 • Plan year 2004

Company ProfileSource Archive
Filing Insights

Participants

Down

15 → 8

-7 • -46.67%

Assets

Up

$165,295 → $231,464

$66,169 • 40.03%

Investment Management Fee

-

Admin expenses - • Total expenses $0

Filing Details

Context
Net investment result
$66,169

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
2024216$1,756,921$88,014$5,501iApproximate average salary by contribution assumption: employee only about $137,522 at 4% or $91,681 at 6%; with 50% employer match about $91,681 at 4% or $61,121 at 6%; with 100% employer match about $68,761 at 4% or $45,841 at 6%.
Precision Aire Inc. Profit Sharing/401K-16$1,756,921$88,014$5,501iApproximate average salary by contribution assumption: employee only about $137,522 at 4% or $91,681 at 6%; with 50% employer match about $91,681 at 4% or $61,121 at 6%; with 100% employer match about $68,761 at 4% or $45,841 at 6%.
Precision-Aire Inc. Profit Sharing Plan-0$0--
2023217$1,839,730$156,008$9,177iApproximate average salary by contribution assumption: employee only about $229,424 at 4% or $152,949 at 6%; with 50% employer match about $152,949 at 4% or $101,966 at 6%; with 100% employer match about $114,712 at 4% or $76,475 at 6%.
Precision Aire Inc. Profit Sharing/401K-17$1,839,730$156,008$9,177iApproximate average salary by contribution assumption: employee only about $229,424 at 4% or $152,949 at 6%; with 50% employer match about $152,949 at 4% or $101,966 at 6%; with 100% employer match about $114,712 at 4% or $76,475 at 6%.
Precision-Aire Inc. Profit Sharing Plan-0$0$0-
2022216$1,543,358$88,096$5,506iApproximate average salary by contribution assumption: employee only about $137,650 at 4% or $91,767 at 6%; with 50% employer match about $91,767 at 4% or $61,178 at 6%; with 100% employer match about $68,825 at 4% or $45,883 at 6%.
Precision Aire Inc. Profit Sharing/401K-16$1,461,507$88,096$5,506iApproximate average salary by contribution assumption: employee only about $137,650 at 4% or $91,767 at 6%; with 50% employer match about $91,767 at 4% or $61,178 at 6%; with 100% employer match about $68,825 at 4% or $45,883 at 6%.
Precision-Aire Inc. Profit Sharing Plan-1$81,851$0-
2021216$1,685,982$196,044$12,253iApproximate average salary by contribution assumption: employee only about $306,319 at 4% or $204,213 at 6%; with 50% employer match about $204,213 at 4% or $136,142 at 6%; with 100% employer match about $153,159 at 4% or $102,106 at 6%.
Precision Aire Inc. Profit Sharing/401K-16$1,604,631$196,044$12,253iApproximate average salary by contribution assumption: employee only about $306,319 at 4% or $204,213 at 6%; with 50% employer match about $204,213 at 4% or $136,142 at 6%; with 100% employer match about $153,159 at 4% or $102,106 at 6%.
Precision-Aire Inc. Profit Sharing Plan-1$81,351--
2020214$1,356,499$118,275$8,448iApproximate average salary by contribution assumption: employee only about $211,205 at 4% or $140,804 at 6%; with 50% employer match about $140,804 at 4% or $93,869 at 6%; with 100% employer match about $105,603 at 4% or $70,402 at 6%.
Precision Aire Inc. Profit Sharing/401K-14$1,282,211$118,275$8,448iApproximate average salary by contribution assumption: employee only about $211,205 at 4% or $140,804 at 6%; with 50% employer match about $140,804 at 4% or $93,869 at 6%; with 100% employer match about $105,603 at 4% or $70,402 at 6%.
Precision-Aire Inc. Profit Sharing Plan-1$74,288--
2019214$1,127,668$160,117$11,437iApproximate average salary by contribution assumption: employee only about $285,923 at 4% or $190,615 at 6%; with 50% employer match about $190,615 at 4% or $127,077 at 6%; with 100% employer match about $142,962 at 4% or $95,308 at 6%.
Precision Aire Inc. Profit Sharing/401K-14$1,063,467$160,117$11,437iApproximate average salary by contribution assumption: employee only about $285,923 at 4% or $190,615 at 6%; with 50% employer match about $190,615 at 4% or $127,077 at 6%; with 100% employer match about $142,962 at 4% or $95,308 at 6%.
Precision-Aire Inc. Profit Sharing Plan-1$64,201--
2018213$1,327,535$145,779$11,214iApproximate average salary by contribution assumption: employee only about $280,344 at 4% or $186,896 at 6%; with 50% employer match about $186,896 at 4% or $124,597 at 6%; with 100% employer match about $140,172 at 4% or $93,448 at 6%.
Precision Aire Inc. Profit Sharing/401K-13$1,140,474$145,779$11,214iApproximate average salary by contribution assumption: employee only about $280,344 at 4% or $186,896 at 6%; with 50% employer match about $186,896 at 4% or $124,597 at 6%; with 100% employer match about $140,172 at 4% or $93,448 at 6%.
Precision-Aire Inc. Profit Sharing Plan-1$187,061--
2017210$1,483,164$348,048$34,805iApproximate average salary by contribution assumption: employee only about $870,120 at 4% or $580,080 at 6%; with 50% employer match about $580,080 at 4% or $386,720 at 6%; with 100% employer match about $435,060 at 4% or $290,040 at 6%.
Precision Aire Inc. Profit Sharing/401K-10$1,287,702$294,948$29,495iApproximate average salary by contribution assumption: employee only about $737,370 at 4% or $491,580 at 6%; with 50% employer match about $491,580 at 4% or $327,720 at 6%; with 100% employer match about $368,685 at 4% or $245,790 at 6%.
Precision-Aire Inc. Profit Sharing Plan-1$195,462$53,100$53,100iApproximate average salary by contribution assumption: employee only about $1,327,500 at 4% or $885,000 at 6%; with 50% employer match about $885,000 at 4% or $590,000 at 6%; with 100% employer match about $663,750 at 4% or $442,500 at 6%.
2016210$955,225$158,275$15,828iApproximate average salary by contribution assumption: employee only about $395,688 at 4% or $263,792 at 6%; with 50% employer match about $263,792 at 4% or $175,861 at 6%; with 100% employer match about $197,844 at 4% or $131,896 at 6%.
Precision Aire Inc. Profit Sharing/401K-10$841,664$105,275$10,528iApproximate average salary by contribution assumption: employee only about $263,188 at 4% or $175,458 at 6%; with 50% employer match about $175,458 at 4% or $116,972 at 6%; with 100% employer match about $131,594 at 4% or $87,729 at 6%.
Precision-Aire Inc. Profit Sharing Plan-1$113,561$53,000$53,000iApproximate average salary by contribution assumption: employee only about $1,325,000 at 4% or $883,333 at 6%; with 50% employer match about $883,333 at 4% or $588,889 at 6%; with 100% employer match about $662,500 at 4% or $441,667 at 6%.
201529$742,530$217,703$24,189iApproximate average salary by contribution assumption: employee only about $604,731 at 4% or $403,154 at 6%; with 50% employer match about $403,154 at 4% or $268,769 at 6%; with 100% employer match about $302,365 at 4% or $201,577 at 6%.
Precision Aire Inc. Profit Sharing/401K-9$690,785$165,703$18,411iApproximate average salary by contribution assumption: employee only about $460,286 at 4% or $306,857 at 6%; with 50% employer match about $306,857 at 4% or $204,572 at 6%; with 100% employer match about $230,143 at 4% or $153,429 at 6%.
Precision-Aire Inc. Profit Sharing Plan-1$51,745$52,000$52,000iApproximate average salary by contribution assumption: employee only about $1,300,000 at 4% or $866,667 at 6%; with 50% employer match about $866,667 at 4% or $577,778 at 6%; with 100% employer match about $650,000 at 4% or $433,333 at 6%.
201425$528,866$38,331$7,666iApproximate average salary by contribution assumption: employee only about $191,655 at 4% or $127,770 at 6%; with 50% employer match about $127,770 at 4% or $85,180 at 6%; with 100% employer match about $95,828 at 4% or $63,885 at 6%.
Precision Aire Inc. Profit Sharing/401K-5$528,626$38,331$7,666iApproximate average salary by contribution assumption: employee only about $191,655 at 4% or $127,770 at 6%; with 50% employer match about $127,770 at 4% or $85,180 at 6%; with 100% employer match about $95,828 at 4% or $63,885 at 6%.
Precision-Aire Inc. Profit Sharing Plan-2$240$0-
201326$3,105,928$141,131$23,522iApproximate average salary by contribution assumption: employee only about $588,046 at 4% or $392,031 at 6%; with 50% employer match about $392,031 at 4% or $261,354 at 6%; with 100% employer match about $294,023 at 4% or $196,015 at 6%.
Precision-Aire Inc. Profit Sharing Plan-2$2,597,047$102,000$51,000iApproximate average salary by contribution assumption: employee only about $1,275,000 at 4% or $850,000 at 6%; with 50% employer match about $850,000 at 4% or $566,667 at 6%; with 100% employer match about $637,500 at 4% or $425,000 at 6%.
Precision Aire Inc. Profit Sharing/401K-6$508,881$39,131$6,522iApproximate average salary by contribution assumption: employee only about $163,046 at 4% or $108,697 at 6%; with 50% employer match about $108,697 at 4% or $72,465 at 6%; with 100% employer match about $81,523 at 4% or $54,349 at 6%.
201226$2,539,689$131,730$21,955iApproximate average salary by contribution assumption: employee only about $548,875 at 4% or $365,917 at 6%; with 50% employer match about $365,917 at 4% or $243,944 at 6%; with 100% employer match about $274,438 at 4% or $182,958 at 6%.
Precision-Aire Inc. Profit Sharing Plan-2$2,140,595$100,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
Precision Aire Inc. Profit Sharing/401K-6$399,094$31,730$5,288iApproximate average salary by contribution assumption: employee only about $132,208 at 4% or $88,139 at 6%; with 50% employer match about $88,139 at 4% or $58,759 at 6%; with 100% employer match about $66,104 at 4% or $44,069 at 6%.
201126$2,179,055$131,525$21,921iApproximate average salary by contribution assumption: employee only about $548,021 at 4% or $365,347 at 6%; with 50% employer match about $365,347 at 4% or $243,565 at 6%; with 100% employer match about $274,010 at 4% or $182,674 at 6%.
Precision-Aire Inc. Profit Sharing Plan-2$1,856,708$98,000$49,000iApproximate average salary by contribution assumption: employee only about $1,225,000 at 4% or $816,667 at 6%; with 50% employer match about $816,667 at 4% or $544,444 at 6%; with 100% employer match about $612,500 at 4% or $408,333 at 6%.
Precision Aire Inc. Profit Sharing/401K-6$322,347$33,525$5,588iApproximate average salary by contribution assumption: employee only about $139,688 at 4% or $93,125 at 6%; with 50% employer match about $93,125 at 4% or $62,083 at 6%; with 100% employer match about $69,844 at 4% or $46,563 at 6%.
201026$2,080,229$125,560$20,927iApproximate average salary by contribution assumption: employee only about $523,167 at 4% or $348,778 at 6%; with 50% employer match about $348,778 at 4% or $232,519 at 6%; with 100% employer match about $261,583 at 4% or $174,389 at 6%.
Precision-Aire Inc. Profit Sharing Plan-2$1,770,038$98,000$49,000iApproximate average salary by contribution assumption: employee only about $1,225,000 at 4% or $816,667 at 6%; with 50% employer match about $816,667 at 4% or $544,444 at 6%; with 100% employer match about $612,500 at 4% or $408,333 at 6%.
Precision Aire Inc. Profit Sharing/401K-6$310,191$27,560$4,593iApproximate average salary by contribution assumption: employee only about $114,833 at 4% or $76,556 at 6%; with 50% employer match about $76,556 at 4% or $51,037 at 6%; with 100% employer match about $57,417 at 4% or $38,278 at 6%.
200926$1,673,737$119,219$19,870iApproximate average salary by contribution assumption: employee only about $496,746 at 4% or $331,164 at 6%; with 50% employer match about $331,164 at 4% or $220,776 at 6%; with 100% employer match about $248,373 at 4% or $165,582 at 6%.
Precision-Aire Inc. Profit Sharing Plan-2$1,463,809$98,000$49,000iApproximate average salary by contribution assumption: employee only about $1,225,000 at 4% or $816,667 at 6%; with 50% employer match about $816,667 at 4% or $544,444 at 6%; with 100% employer match about $612,500 at 4% or $408,333 at 6%.
Precision Aire Inc. Profit Sharing/401K-6$209,928$21,219$3,537iApproximate average salary by contribution assumption: employee only about $88,413 at 4% or $58,942 at 6%; with 50% employer match about $58,942 at 4% or $39,294 at 6%; with 100% employer match about $44,206 at 4% or $29,471 at 6%.
200826$0$0-
Precision-Aire Inc. Profit Sharing Plan-2---
Precision Aire Inc. Profit Sharing/401K-6---
200722$0$0-
Precision Aire Inc. Money Purchase Pension Plan-0---
Precision-Aire Inc. Profit Sharing Plan-2---
200636$1,546,776$106,375$17,729iApproximate average salary by contribution assumption: employee only about $443,229 at 4% or $295,486 at 6%; with 50% employer match about $295,486 at 4% or $196,991 at 6%; with 100% employer match about $221,615 at 4% or $147,743 at 6%.
Precision Aire Inc. Money Purchase Pension Plan-2$1,281,403--
Precision Aire Inc. Profit Sharing/401K-6$177,373$18,375$3,063iApproximate average salary by contribution assumption: employee only about $76,563 at 4% or $51,042 at 6%; with 50% employer match about $51,042 at 4% or $34,028 at 6%; with 100% employer match about $38,281 at 4% or $25,521 at 6%.
Precision-Aire Inc. Profit Sharing Plan-2$88,000$88,000$44,000iApproximate average salary by contribution assumption: employee only about $1,100,000 at 4% or $733,333 at 6%; with 50% employer match about $733,333 at 4% or $488,889 at 6%; with 100% employer match about $550,000 at 4% or $366,667 at 6%.
200527$1,259,829$50,288$7,184iApproximate average salary by contribution assumption: employee only about $179,600 at 4% or $119,733 at 6%; with 50% employer match about $119,733 at 4% or $79,822 at 6%; with 100% employer match about $89,800 at 4% or $59,867 at 6%.
Precision Aire Inc. Money Purchase Pension Plan-2$1,120,757$34,100$17,050iApproximate average salary by contribution assumption: employee only about $426,250 at 4% or $284,167 at 6%; with 50% employer match about $284,167 at 4% or $189,444 at 6%; with 100% employer match about $213,125 at 4% or $142,083 at 6%.
Precision Aire Inc. Profit Sharing/401K-7$139,072$16,188$2,313iApproximate average salary by contribution assumption: employee only about $57,814 at 4% or $38,543 at 6%; with 50% employer match about $38,543 at 4% or $25,695 at 6%; with 100% employer match about $28,907 at 4% or $19,271 at 6%.
200428$1,234,879$112,038$14,005iApproximate average salary by contribution assumption: employee only about $350,119 at 4% or $233,413 at 6%; with 50% employer match about $233,413 at 4% or $155,608 at 6%; with 100% employer match about $175,059 at 4% or $116,706 at 6%.
Precision Aire Inc. Money Purchase Pension Plan-2$1,003,415$82,000$41,000iApproximate average salary by contribution assumption: employee only about $1,025,000 at 4% or $683,333 at 6%; with 50% employer match about $683,333 at 4% or $455,556 at 6%; with 100% employer match about $512,500 at 4% or $341,667 at 6%.
Precision Aire Inc. Profit Sharing/401KCurrent8$231,464$30,038$3,755iApproximate average salary by contribution assumption: employee only about $93,869 at 4% or $62,579 at 6%; with 50% employer match about $62,579 at 4% or $41,719 at 6%; with 100% employer match about $46,934 at 4% or $31,290 at 6%.
2003212$981,247$111,906$9,326iApproximate average salary by contribution assumption: employee only about $233,138 at 4% or $155,425 at 6%; with 50% employer match about $155,425 at 4% or $103,617 at 6%; with 100% employer match about $116,569 at 4% or $77,713 at 6%.
Precision Aire Inc. Money Purchase Pension Plan-2$815,952$80,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
Precision Aire Inc. Profit Sharing/401K-12$165,295$31,906$2,659iApproximate average salary by contribution assumption: employee only about $66,471 at 4% or $44,314 at 6%; with 50% employer match about $44,314 at 4% or $29,543 at 6%; with 100% employer match about $33,235 at 4% or $22,157 at 6%.
2002212$654,979$112,610$9,384iApproximate average salary by contribution assumption: employee only about $234,604 at 4% or $156,403 at 6%; with 50% employer match about $156,403 at 4% or $104,269 at 6%; with 100% employer match about $117,302 at 4% or $78,201 at 6%.
Precision Aire Inc. Money Purchase Pension Plan-2$560,130$80,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
Precision Aire Inc. Profit Sharing/401K-12$94,849$32,610$2,718iApproximate average salary by contribution assumption: employee only about $67,938 at 4% or $45,292 at 6%; with 50% employer match about $45,292 at 4% or $30,194 at 6%; with 100% employer match about $33,969 at 4% or $22,646 at 6%.
200122$698,077$104,450$52,225iApproximate average salary by contribution assumption: employee only about $1,305,625 at 4% or $870,417 at 6%; with 50% employer match about $870,417 at 4% or $580,278 at 6%; with 100% employer match about $652,813 at 4% or $435,208 at 6%.
Precision Aire Inc. Money Purchase Pension Plan-2$611,075$70,000$35,000iApproximate average salary by contribution assumption: employee only about $875,000 at 4% or $583,333 at 6%; with 50% employer match about $583,333 at 4% or $388,889 at 6%; with 100% employer match about $437,500 at 4% or $291,667 at 6%.
Precision Aire Inc. Profit Sharing/401K-0$87,002$34,450-
2000211$0$0-
Precision Aire Inc. Money Purchase Pension Plan-2---
Precision Aire Inc. Profit Sharing/401K-11---
1999210$600,084$83,063$8,306iApproximate average salary by contribution assumption: employee only about $207,657 at 4% or $138,438 at 6%; with 50% employer match about $138,438 at 4% or $92,292 at 6%; with 100% employer match about $103,829 at 4% or $69,219 at 6%.
Precision Aire Inc. Money Purchase Pension Plan-2$561,347$60,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
Precision Aire Inc. Profit Sharing/401K-10$38,737$23,063$2,306iApproximate average salary by contribution assumption: employee only about $57,658 at 4% or $38,438 at 6%; with 50% employer match about $38,438 at 4% or $25,626 at 6%; with 100% employer match about $28,829 at 4% or $19,219 at 6%.
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$231,464$66,169 change

Balance Sheet

Beginning and end of plan year.

Total assets$165,295$231,464Increase +$66,169 (40.03%)
Total liabilities$0$0No change $0
Net assets$165,295$231,464Increase +$66,169 (40.03%)

Contributions

Employer contributions$4,588
Participant contributions$25,450
Other contributions$0

Income & Expenses

Total income$66,169
Total expenses$0
Net income$66,169
Source fields
Schedule I source fields
Filing Id
91037208470165
Schedule I EIN
11-2856496
Schedule I Plan Num
002
Schedule I Plan Year Begin Date
2004-01-01
Schedule I Tax Period
20041231
Small plan total assets at beginning of year
$165,295
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$165,295
Small plan total assets at end of year
$231,464
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$231,464
Small plan employer contributions
$4,588
Small plan participant contributions
$25,450
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$36,131
Small plan total income
$66,169
Small plan total benefit distributions
$0
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$0
Small plan net income or loss
$66,169
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