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Filing

Precise Technologies Inc 401(K) Profit Sharing Plan and Trust

Precise Technologies Inc • EIN 59-3546420 • Plan year 2008

Company ProfileSource Archive
Filing Insights

Participants

Down

10 → 9

-1 • -10.00%

Assets

Down

$22,472 → $16,732

-$5,740 • -25.54%

Investment Management Fee

-

Admin expenses - • Total expenses $0

Filing Details

Context
Net investment result
$-5,739

Status Flags

Fidelity bond in place

Yes

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
2024122$303,162$24,150$1,098iApproximate average salary by contribution assumption: employee only about $27,443 at 4% or $18,295 at 6%; with 50% employer match about $18,295 at 4% or $12,197 at 6%; with 100% employer match about $13,722 at 4% or $9,148 at 6%.
Precise Technologies Inc-22$303,162$24,150$1,098iApproximate average salary by contribution assumption: employee only about $27,443 at 4% or $18,295 at 6%; with 50% employer match about $18,295 at 4% or $12,197 at 6%; with 100% employer match about $13,722 at 4% or $9,148 at 6%.
2023122$244,284$51,432$2,338iApproximate average salary by contribution assumption: employee only about $58,445 at 4% or $38,964 at 6%; with 50% employer match about $38,964 at 4% or $25,976 at 6%; with 100% employer match about $29,223 at 4% or $19,482 at 6%.
Precise Technologies Inc-22$244,284$51,432$2,338iApproximate average salary by contribution assumption: employee only about $58,445 at 4% or $38,964 at 6%; with 50% employer match about $38,964 at 4% or $25,976 at 6%; with 100% employer match about $29,223 at 4% or $19,482 at 6%.
2022123$210,542$26,623$1,158iApproximate average salary by contribution assumption: employee only about $28,938 at 4% or $19,292 at 6%; with 50% employer match about $19,292 at 4% or $12,861 at 6%; with 100% employer match about $14,469 at 4% or $9,646 at 6%.
Precise Technologies Inc-23$210,542$26,623$1,158iApproximate average salary by contribution assumption: employee only about $28,938 at 4% or $19,292 at 6%; with 50% employer match about $19,292 at 4% or $12,861 at 6%; with 100% employer match about $14,469 at 4% or $9,646 at 6%.
2021126$232,933$32,763$1,260iApproximate average salary by contribution assumption: employee only about $31,503 at 4% or $21,002 at 6%; with 50% employer match about $21,002 at 4% or $14,001 at 6%; with 100% employer match about $15,751 at 4% or $10,501 at 6%.
Precise Technologies Inc-26$232,933$32,763$1,260iApproximate average salary by contribution assumption: employee only about $31,503 at 4% or $21,002 at 6%; with 50% employer match about $21,002 at 4% or $14,001 at 6%; with 100% employer match about $15,751 at 4% or $10,501 at 6%.
2020124$200,072$46,568$1,940iApproximate average salary by contribution assumption: employee only about $48,508 at 4% or $32,339 at 6%; with 50% employer match about $32,339 at 4% or $21,559 at 6%; with 100% employer match about $24,254 at 4% or $16,169 at 6%.
Precise Technologies Inc-24$200,072$46,568$1,940iApproximate average salary by contribution assumption: employee only about $48,508 at 4% or $32,339 at 6%; with 50% employer match about $32,339 at 4% or $21,559 at 6%; with 100% employer match about $24,254 at 4% or $16,169 at 6%.
2019126$130,271$24,691$950iApproximate average salary by contribution assumption: employee only about $23,741 at 4% or $15,828 at 6%; with 50% employer match about $15,828 at 4% or $10,552 at 6%; with 100% employer match about $11,871 at 4% or $7,914 at 6%.
Precise Technologies Inc-26$130,271$24,691$950iApproximate average salary by contribution assumption: employee only about $23,741 at 4% or $15,828 at 6%; with 50% employer match about $15,828 at 4% or $10,552 at 6%; with 100% employer match about $11,871 at 4% or $7,914 at 6%.
2018128$91,844$24,871$888iApproximate average salary by contribution assumption: employee only about $22,206 at 4% or $14,804 at 6%; with 50% employer match about $14,804 at 4% or $9,869 at 6%; with 100% employer match about $11,103 at 4% or $7,402 at 6%.
Precise Technologies Inc-28$91,844$24,871$888iApproximate average salary by contribution assumption: employee only about $22,206 at 4% or $14,804 at 6%; with 50% employer match about $14,804 at 4% or $9,869 at 6%; with 100% employer match about $11,103 at 4% or $7,402 at 6%.
2017127$75,865$48,253$1,787iApproximate average salary by contribution assumption: employee only about $44,679 at 4% or $29,786 at 6%; with 50% employer match about $29,786 at 4% or $19,857 at 6%; with 100% employer match about $22,339 at 4% or $14,893 at 6%.
Precise Technologies Inc-27$75,865$48,253$1,787iApproximate average salary by contribution assumption: employee only about $44,679 at 4% or $29,786 at 6%; with 50% employer match about $29,786 at 4% or $19,857 at 6%; with 100% employer match about $22,339 at 4% or $14,893 at 6%.
201612$22,462$0-
Precise Technologies Inc-2$22,462$0-
201512$20,702$0-
Precise Technologies Inc-2$20,702$0-
201413$28,891$0-
Precise Technologies Inc-3$28,891$0-
201313$27,206$0-
Precise Technologies Inc-3$27,206$0-
201213$22,160$0-
Precise Technologies Inc-3$22,160$0-
201113$20,222$0-
Precise Technologies Inc-3$20,222$0-
201014$22,145$0-
Precise Technologies Inc-4$22,145$0-
200914$19,914$0-
Precise Technologies Inc-4$19,914$0-
200819$16,732$0-
Precise Technologies IncCurrent9$16,732--
200719$0$0-
Precise Technologies Inc-9---
2006116$0$0-
Precise Technologies Inc-16---
2005117$21,571$4,293$253iApproximate average salary by contribution assumption: employee only about $6,313 at 4% or $4,209 at 6%; with 50% employer match about $4,209 at 4% or $2,806 at 6%; with 100% employer match about $3,157 at 4% or $2,104 at 6%.
Precise Technologies Inc-17$21,571$4,293$253iApproximate average salary by contribution assumption: employee only about $6,313 at 4% or $4,209 at 6%; with 50% employer match about $4,209 at 4% or $2,806 at 6%; with 100% employer match about $3,157 at 4% or $2,104 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$16,732-$5,740 change

Balance Sheet

Beginning and end of plan year.

Total assets$22,472$16,732Decrease -$5,740 (-25.54%)
Total liabilities$0$0No change $0
Net assets$22,472$16,732Decrease -$5,740 (-25.54%)

Contributions

Employer contributions$0
Participant contributions$0
Other contributions$0

Income & Expenses

Total income$-5,739
Total expenses$0
Net income$-5,739
Source fields
Schedule I source fields
Filing Id
84037246397319
Schedule I EIN
59-3546420
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2008-01-01
Schedule I Tax Period
20081231
Small plan total assets at beginning of year
$22,472
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$22,472
Small plan total assets at end of year
$16,732
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$16,732
Small plan employer contributions
$0
Small plan participant contributions
$0
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$-5,739
Small plan total income
$-5,739
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
$-5,739
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
Yes
Small plan fidelity bond amount
$20,000
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
Precise Technologies Inc 401(K) Profit Sharing Plan and Trust | Precise Technologies Inc | Plan 001 | 2008 Form 5500 Filing