Fidelity bond in place
Yes
Filing119 Seaboard LaneSuite 414Franklin, TN 37067
Precision Resources Pension Plan
Precision Resources, L.L.C. • EIN 86-1004370 • Franklin, TN • Plan year 2003
Filing Insights
Participants
Up28 → 30
2 • 7.14%
Assets
Up$233,382 → $414,297
$180,915 • 77.52%
Investment Management Fee
-
Admin expenses - • Total expenses $19,838
Filing Details
Context- Net investment result
- $180,915
- Pension payor EIN
- 86-0978612
Status Flags
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 48 | $3,151,076 | $389,603 | $8,117iApproximate average salary by contribution assumption: employee only about $202,918 at 4% or $135,279 at 6%; with 50% employer match about $135,279 at 4% or $90,186 at 6%; with 100% employer match about $101,459 at 4% or $67,639 at 6%. |
| Precision Resources Pension Plan | - | 48 | $3,151,076 | $389,603 | $8,117iApproximate average salary by contribution assumption: employee only about $202,918 at 4% or $135,279 at 6%; with 50% employer match about $135,279 at 4% or $90,186 at 6%; with 100% employer match about $101,459 at 4% or $67,639 at 6%. |
| 2023 | 1 | 50 | $2,545,617 | $659,992 | $13,200iApproximate average salary by contribution assumption: employee only about $329,996 at 4% or $219,997 at 6%; with 50% employer match about $219,997 at 4% or $146,665 at 6%; with 100% employer match about $164,998 at 4% or $109,999 at 6%. |
| Precision Resources Pension Plan | - | 50 | $2,545,617 | $659,992 | $13,200iApproximate average salary by contribution assumption: employee only about $329,996 at 4% or $219,997 at 6%; with 50% employer match about $219,997 at 4% or $146,665 at 6%; with 100% employer match about $164,998 at 4% or $109,999 at 6%. |
| 2022 | 1 | 46 | $1,660,129 | $354,089 | $7,698iApproximate average salary by contribution assumption: employee only about $192,440 at 4% or $128,293 at 6%; with 50% employer match about $128,293 at 4% or $85,529 at 6%; with 100% employer match about $96,220 at 4% or $64,147 at 6%. |
| Precision Resources Pension Plan | - | 46 | $1,660,129 | $354,089 | $7,698iApproximate average salary by contribution assumption: employee only about $192,440 at 4% or $128,293 at 6%; with 50% employer match about $128,293 at 4% or $85,529 at 6%; with 100% employer match about $96,220 at 4% or $64,147 at 6%. |
| 2021 | 1 | 31 | $1,696,885 | $174,928 | $5,643iApproximate average salary by contribution assumption: employee only about $141,071 at 4% or $94,047 at 6%; with 50% employer match about $94,047 at 4% or $62,698 at 6%; with 100% employer match about $70,535 at 4% or $47,024 at 6%. |
| Precision Resources Pension Plan | - | 31 | $1,696,885 | $174,928 | $5,643iApproximate average salary by contribution assumption: employee only about $141,071 at 4% or $94,047 at 6%; with 50% employer match about $94,047 at 4% or $62,698 at 6%; with 100% employer match about $70,535 at 4% or $47,024 at 6%. |
| 2020 | 1 | 33 | $1,413,865 | $139,045 | $4,213iApproximate average salary by contribution assumption: employee only about $105,337 at 4% or $70,225 at 6%; with 50% employer match about $70,225 at 4% or $46,816 at 6%; with 100% employer match about $52,669 at 4% or $35,112 at 6%. |
| Precision Resources Pension Plan | - | 33 | $1,413,865 | $139,045 | $4,213iApproximate average salary by contribution assumption: employee only about $105,337 at 4% or $70,225 at 6%; with 50% employer match about $70,225 at 4% or $46,816 at 6%; with 100% employer match about $52,669 at 4% or $35,112 at 6%. |
| 2019 | 1 | 30 | $2,104,740 | $233,504 | $7,783iApproximate average salary by contribution assumption: employee only about $194,587 at 4% or $129,724 at 6%; with 50% employer match about $129,724 at 4% or $86,483 at 6%; with 100% employer match about $97,293 at 4% or $64,862 at 6%. |
| Precision Resources Pension Plan | - | 30 | $2,104,740 | $233,504 | $7,783iApproximate average salary by contribution assumption: employee only about $194,587 at 4% or $129,724 at 6%; with 50% employer match about $129,724 at 4% or $86,483 at 6%; with 100% employer match about $97,293 at 4% or $64,862 at 6%. |
| 2018 | 1 | 25 | $1,647,340 | $172,892 | $6,916iApproximate average salary by contribution assumption: employee only about $172,892 at 4% or $115,261 at 6%; with 50% employer match about $115,261 at 4% or $76,841 at 6%; with 100% employer match about $86,446 at 4% or $57,631 at 6%. |
| Precision Resources Pension Plan | - | 25 | $1,647,340 | $172,892 | $6,916iApproximate average salary by contribution assumption: employee only about $172,892 at 4% or $115,261 at 6%; with 50% employer match about $115,261 at 4% or $76,841 at 6%; with 100% employer match about $86,446 at 4% or $57,631 at 6%. |
| 2017 | 1 | 22 | $1,914,565 | $181,011 | $8,228iApproximate average salary by contribution assumption: employee only about $205,694 at 4% or $137,130 at 6%; with 50% employer match about $137,130 at 4% or $91,420 at 6%; with 100% employer match about $102,847 at 4% or $68,565 at 6%. |
| Precision Resources Pension Plan | - | 22 | $1,914,565 | $181,011 | $8,228iApproximate average salary by contribution assumption: employee only about $205,694 at 4% or $137,130 at 6%; with 50% employer match about $137,130 at 4% or $91,420 at 6%; with 100% employer match about $102,847 at 4% or $68,565 at 6%. |
| 2016 | 1 | 17 | $1,825,669 | $116,055 | $6,827iApproximate average salary by contribution assumption: employee only about $170,669 at 4% or $113,779 at 6%; with 50% employer match about $113,779 at 4% or $75,853 at 6%; with 100% employer match about $85,335 at 4% or $56,890 at 6%. |
| Precision Resources Pension Plan | - | 17 | $1,825,669 | $116,055 | $6,827iApproximate average salary by contribution assumption: employee only about $170,669 at 4% or $113,779 at 6%; with 50% employer match about $113,779 at 4% or $75,853 at 6%; with 100% employer match about $85,335 at 4% or $56,890 at 6%. |
| 2015 | 1 | 19 | $1,707,484 | $106,393 | $5,600iApproximate average salary by contribution assumption: employee only about $139,991 at 4% or $93,327 at 6%; with 50% employer match about $93,327 at 4% or $62,218 at 6%; with 100% employer match about $69,995 at 4% or $46,664 at 6%. |
| Precision Resources Pension Plan | - | 19 | $1,707,484 | $106,393 | $5,600iApproximate average salary by contribution assumption: employee only about $139,991 at 4% or $93,327 at 6%; with 50% employer match about $93,327 at 4% or $62,218 at 6%; with 100% employer match about $69,995 at 4% or $46,664 at 6%. |
| 2014 | 1 | 18 | $1,782,823 | $133,950 | $7,442iApproximate average salary by contribution assumption: employee only about $186,042 at 4% or $124,028 at 6%; with 50% employer match about $124,028 at 4% or $82,685 at 6%; with 100% employer match about $93,021 at 4% or $62,014 at 6%. |
| Precision Resources Pension Plan | - | 18 | $1,782,823 | $133,950 | $7,442iApproximate average salary by contribution assumption: employee only about $186,042 at 4% or $124,028 at 6%; with 50% employer match about $124,028 at 4% or $82,685 at 6%; with 100% employer match about $93,021 at 4% or $62,014 at 6%. |
| 2013 | 1 | 18 | $1,615,812 | $192,624 | $10,701iApproximate average salary by contribution assumption: employee only about $267,533 at 4% or $178,356 at 6%; with 50% employer match about $178,356 at 4% or $118,904 at 6%; with 100% employer match about $133,767 at 4% or $89,178 at 6%. |
| Precision Resources Pension Plan | - | 18 | $1,615,812 | $192,624 | $10,701iApproximate average salary by contribution assumption: employee only about $267,533 at 4% or $178,356 at 6%; with 50% employer match about $178,356 at 4% or $118,904 at 6%; with 100% employer match about $133,767 at 4% or $89,178 at 6%. |
| 2012 | 1 | 18 | $1,241,482 | $156,501 | $8,695iApproximate average salary by contribution assumption: employee only about $217,363 at 4% or $144,908 at 6%; with 50% employer match about $144,908 at 4% or $96,606 at 6%; with 100% employer match about $108,681 at 4% or $72,454 at 6%. |
| Precision Resources Pension Plan | - | 18 | $1,241,482 | $156,501 | $8,695iApproximate average salary by contribution assumption: employee only about $217,363 at 4% or $144,908 at 6%; with 50% employer match about $144,908 at 4% or $96,606 at 6%; with 100% employer match about $108,681 at 4% or $72,454 at 6%. |
| 2011 | 1 | 24 | $984,243 | $134,323 | $5,597iApproximate average salary by contribution assumption: employee only about $139,920 at 4% or $93,280 at 6%; with 50% employer match about $93,280 at 4% or $62,187 at 6%; with 100% employer match about $69,960 at 4% or $46,640 at 6%. |
| Precision Resources Pension Plan | - | 24 | $984,243 | $134,323 | $5,597iApproximate average salary by contribution assumption: employee only about $139,920 at 4% or $93,280 at 6%; with 50% employer match about $93,280 at 4% or $62,187 at 6%; with 100% employer match about $69,960 at 4% or $46,640 at 6%. |
| 2010 | 1 | 23 | $883,162 | $129,603 | $5,635iApproximate average salary by contribution assumption: employee only about $140,873 at 4% or $93,915 at 6%; with 50% employer match about $93,915 at 4% or $62,610 at 6%; with 100% employer match about $70,436 at 4% or $46,958 at 6%. |
| Precision Resources Pension Plan | - | 23 | $883,162 | $129,603 | $5,635iApproximate average salary by contribution assumption: employee only about $140,873 at 4% or $93,915 at 6%; with 50% employer match about $93,915 at 4% or $62,610 at 6%; with 100% employer match about $70,436 at 4% or $46,958 at 6%. |
| 2009 | 1 | 20 | $684,388 | $114,867 | $5,743iApproximate average salary by contribution assumption: employee only about $143,584 at 4% or $95,723 at 6%; with 50% employer match about $95,723 at 4% or $63,815 at 6%; with 100% employer match about $71,792 at 4% or $47,861 at 6%. |
| Precision Resources Pension Plan | - | 20 | $684,388 | $114,867 | $5,743iApproximate average salary by contribution assumption: employee only about $143,584 at 4% or $95,723 at 6%; with 50% employer match about $95,723 at 4% or $63,815 at 6%; with 100% employer match about $71,792 at 4% or $47,861 at 6%. |
| 2008 | 1 | 24 | $450,371 | $140,332 | $5,847iApproximate average salary by contribution assumption: employee only about $146,179 at 4% or $97,453 at 6%; with 50% employer match about $97,453 at 4% or $64,969 at 6%; with 100% employer match about $73,090 at 4% or $48,726 at 6%. |
| Precision Resources Pension Plan | - | 24 | $450,371 | $140,332 | $5,847iApproximate average salary by contribution assumption: employee only about $146,179 at 4% or $97,453 at 6%; with 50% employer match about $97,453 at 4% or $64,969 at 6%; with 100% employer match about $73,090 at 4% or $48,726 at 6%. |
| 2007 | 1 | 19 | $0 | $0 | - |
| Precision Resources Pension Plan | - | 19 | - | - | - |
| 2006 | 1 | 19 | $541,513 | $50,306 | $2,648iApproximate average salary by contribution assumption: employee only about $66,192 at 4% or $44,128 at 6%; with 50% employer match about $44,128 at 4% or $29,419 at 6%; with 100% employer match about $33,096 at 4% or $22,064 at 6%. |
| Precision Resources Pension Plan | - | 19 | $541,513 | $50,306 | $2,648iApproximate average salary by contribution assumption: employee only about $66,192 at 4% or $44,128 at 6%; with 50% employer match about $44,128 at 4% or $29,419 at 6%; with 100% employer match about $33,096 at 4% or $22,064 at 6%. |
| 2005 | 1 | 18 | $624,823 | $65,258 | $3,625iApproximate average salary by contribution assumption: employee only about $90,636 at 4% or $60,424 at 6%; with 50% employer match about $60,424 at 4% or $40,283 at 6%; with 100% employer match about $45,318 at 4% or $30,212 at 6%. |
| Precision Resources Pension Plan | - | 18 | $624,823 | $65,258 | $3,625iApproximate average salary by contribution assumption: employee only about $90,636 at 4% or $60,424 at 6%; with 50% employer match about $60,424 at 4% or $40,283 at 6%; with 100% employer match about $45,318 at 4% or $30,212 at 6%. |
| 2004 | 1 | 21 | $527,799 | $71,327 | $3,397iApproximate average salary by contribution assumption: employee only about $84,913 at 4% or $56,609 at 6%; with 50% employer match about $56,609 at 4% or $37,739 at 6%; with 100% employer match about $42,457 at 4% or $28,304 at 6%. |
| Precision Resources Pension Plan | - | 21 | $527,799 | $71,327 | $3,397iApproximate average salary by contribution assumption: employee only about $84,913 at 4% or $56,609 at 6%; with 50% employer match about $56,609 at 4% or $37,739 at 6%; with 100% employer match about $42,457 at 4% or $28,304 at 6%. |
| 2003 | 1 | 30 | $414,297 | $147,623 | $4,921iApproximate average salary by contribution assumption: employee only about $123,019 at 4% or $82,013 at 6%; with 50% employer match about $82,013 at 4% or $54,675 at 6%; with 100% employer match about $61,510 at 4% or $41,006 at 6%. |
| Precision Resources Pension Plan | Current | 30 | $414,297 | $147,623 | $4,921iApproximate average salary by contribution assumption: employee only about $123,019 at 4% or $82,013 at 6%; with 50% employer match about $82,013 at 4% or $54,675 at 6%; with 100% employer match about $61,510 at 4% or $41,006 at 6%. |
| 2002 | 1 | 24 | $233,382 | $83,263 | $3,469iApproximate average salary by contribution assumption: employee only about $86,732 at 4% or $57,822 at 6%; with 50% employer match about $57,822 at 4% or $38,548 at 6%; with 100% employer match about $43,366 at 4% or $28,911 at 6%. |
| Precision Resources Pension Plan | - | 24 | $233,382 | $83,263 | $3,469iApproximate average salary by contribution assumption: employee only about $86,732 at 4% or $57,822 at 6%; with 50% employer match about $57,822 at 4% or $38,548 at 6%; with 100% employer match about $43,366 at 4% or $28,911 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$414,297$180,915 change
Balance Sheet
Beginning and end of plan year.
Total assets$233,382$414,297Increase +$180,915 (77.52%)
Total liabilities$0$0No change $0
Net assets$233,382$414,297Increase +$180,915 (77.52%)
Contributions
Employer contributions$83,675
Participant contributions$63,948
Other contributions$0
Income & Expenses
Total income$200,753
Total expenses$19,838
Net income$180,915
Source fields
- Schedule I source fields
- Filing Id
- 84037208578564
- Schedule I EIN
- 86-1004370
- Schedule I Plan Num
- 002
- Schedule I Plan Year Begin Date
- 2003-01-01
- Schedule I Tax Period
- 20031231
- Small plan total assets at beginning of year
- $233,382
- Small plan total liabilities at beginning of year
- $0
- Small plan net assets at beginning of year
- $233,382
- Small plan total assets at end of year
- $414,297
- Small plan total liabilities at end of year
- $0
- Small plan net assets at end of year
- $414,297
- Small plan employer contributions
- $83,675
- Small plan participant contributions
- $63,948
- Small Oth Contribution Rcvd Amount
- $0
- Small Non Cash Contribution Bs Amount
- $0
- Small Other Income Amount
- $53,130
- Small plan total income
- $200,753
- Small plan total benefit distributions
- $19,334
- Small Corrective Distribution Amount
- $0
- Small Dm Dstrb Ptcp Ln A
- 0
- Small Oth Expenses Amount
- $504
- Small plan total expenses
- $19,838
- Small plan net income or loss
- $180,915
- 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
- $35,000
- 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
Schedule R
Schedule R Pension Information
Retirement plan characteristics
Testing, payor, opinion-letter, and transfer information reported with the filing.
Pension & Payor
Payor EIN86-0978612
Transfers
Distributed property value$0
Schedule R source fields
- Payor 86-0978612
- Filing Id
- 84037208578564
- Schedule R EIN
- 86-1004370
- Schedule R Plan number
- 002
- Schedule R Plan Year Begin Date
- 2003-01-01
- Schedule R Tax Period
- 20031231
- Pension Value Dstrb Pd Property Amount
- $0
- Pension payor EIN
- 86-0978612
- Pension Bnft Distribution Sngl Sum Count
- 0
- Pension Employer Contribution Rqr Amount
- $0
- Pension Employer Contribution Paid Amount
- $0
- Pension Funding Deficiency Amount
- $0