Civic Intelligence
Filing

Primesource Engineering 401K Profit Sharing Plan

Primesource Engineering • EIN 68-0179160 • Plan year 2007

Company ProfileSource Archive
Filing Insights

Participants

Down

12 → 6

-6 • -50.00%

Assets

Up

$162,712 → $191,409

$28,697 • 17.64%

Investment Management Fee

-

Admin expenses - • Total expenses $4,562

Filing Details

Context
Net investment result
$28,697

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
201013$120,318$8,852$2,951iApproximate average salary by contribution assumption: employee only about $73,767 at 4% or $49,178 at 6%; with 50% employer match about $49,178 at 4% or $32,785 at 6%; with 100% employer match about $36,883 at 4% or $24,589 at 6%.
Primesource Engineering 401K Profit Sharing Plan-3$120,318$8,852$2,951iApproximate average salary by contribution assumption: employee only about $73,767 at 4% or $49,178 at 6%; with 50% employer match about $49,178 at 4% or $32,785 at 6%; with 100% employer match about $36,883 at 4% or $24,589 at 6%.
200913$111,465$3,750$1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%.
Primesource Engineering 401K Profit Sharing Plan-3$111,465$3,750$1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%.
200812$0$0-
Primesource Engineering 401K Profit Sharing Plan-2---
200716$191,409$15,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
Primesource Engineering 401K Profit Sharing PlanCurrent6$191,409$15,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
2006111$162,712$16,125$1,466iApproximate average salary by contribution assumption: employee only about $36,648 at 4% or $24,432 at 6%; with 50% employer match about $24,432 at 4% or $16,288 at 6%; with 100% employer match about $18,324 at 4% or $12,216 at 6%.
Primesource Engineering 401K Profit Sharing Plan-11$162,712$16,125$1,466iApproximate average salary by contribution assumption: employee only about $36,648 at 4% or $24,432 at 6%; with 50% employer match about $24,432 at 4% or $16,288 at 6%; with 100% employer match about $18,324 at 4% or $12,216 at 6%.
2005119$140,241$17,800$937iApproximate average salary by contribution assumption: employee only about $23,421 at 4% or $15,614 at 6%; with 50% employer match about $15,614 at 4% or $10,409 at 6%; with 100% employer match about $11,711 at 4% or $7,807 at 6%.
Primesource Engineering 401K Profit Sharing Plan-19$140,241$17,800$937iApproximate average salary by contribution assumption: employee only about $23,421 at 4% or $15,614 at 6%; with 50% employer match about $15,614 at 4% or $10,409 at 6%; with 100% employer match about $11,711 at 4% or $7,807 at 6%.
2004121$118,541$8,460$403iApproximate average salary by contribution assumption: employee only about $10,071 at 4% or $6,714 at 6%; with 50% employer match about $6,714 at 4% or $4,476 at 6%; with 100% employer match about $5,036 at 4% or $3,357 at 6%.
Primesource Engineering 401K Profit Sharing Plan-21$118,541$8,460$403iApproximate average salary by contribution assumption: employee only about $10,071 at 4% or $6,714 at 6%; with 50% employer match about $6,714 at 4% or $4,476 at 6%; with 100% employer match about $5,036 at 4% or $3,357 at 6%.
200317$114,229$3,425$489iApproximate average salary by contribution assumption: employee only about $12,232 at 4% or $8,155 at 6%; with 50% employer match about $8,155 at 4% or $5,437 at 6%; with 100% employer match about $6,116 at 4% or $4,077 at 6%.
Primesource Engineering 401K Profit Sharing Plan-7$114,229$3,425$489iApproximate average salary by contribution assumption: employee only about $12,232 at 4% or $8,155 at 6%; with 50% employer match about $8,155 at 4% or $5,437 at 6%; with 100% employer match about $6,116 at 4% or $4,077 at 6%.
200215$0$0-
Primesource Engineering 401K Profit Sharing Plan-5---
200115$0$0-
Primesource Engineering 401K Profit Sharing Plan-5---
200014$0$0-
Primesource Engineering 401K Profit Sharing Plan-4---
199915$138,277$38,501$7,700iApproximate average salary by contribution assumption: employee only about $192,505 at 4% or $128,337 at 6%; with 50% employer match about $128,337 at 4% or $85,558 at 6%; with 100% employer match about $96,253 at 4% or $64,168 at 6%.
Primesource Engineering 401K Profit Sharing Plan-5$138,277$38,501$7,700iApproximate average salary by contribution assumption: employee only about $192,505 at 4% or $128,337 at 6%; with 50% employer match about $128,337 at 4% or $85,558 at 6%; with 100% employer match about $96,253 at 4% or $64,168 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$191,409$28,697 change

Balance Sheet

Beginning and end of plan year.

Total assets$162,712$191,409Increase +$28,697 (17.64%)
Total liabilities$0$0No change $0
Net assets$162,712$191,409Increase +$28,697 (17.64%)

Contributions

Employer contributions$0
Participant contributions$15,000
Other contributions$0

Income & Expenses

Total income$33,259
Total expenses$4,562
Net income$28,697
Source fields
Schedule I source fields
Filing Id
84037192255028
Schedule I EIN
68-0179160
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2007-01-01
Schedule I Tax Period
20071231
Small plan total assets at beginning of year
$162,712
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$162,712
Small plan total assets at end of year
$191,409
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$191,409
Small plan employer contributions
$0
Small plan participant contributions
$15,000
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$18,259
Small plan total income
$33,259
Small plan total benefit distributions
$4,512
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$50
Small plan total expenses
$4,562
Small plan net income or loss
$28,697
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
Yes
Small Mortg Participants End of year Amount
$51,031
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