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Precision Polishing & Ornamentals, Inc.

Company Details

Name: Precision Polishing & Ornamentals, Inc.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 28 Dec 1994 (30 years ago)
Identification Number: 000082417
ZIP code: 02910
County: Providence County
Principal Address: 1 WEINGEROFF BOULEVARD, CRANSTON, RI, 02910, USA
Purpose: JEWELRY POLISHING

Industry & Business Activity

NAICS

339910 Jewelry and Silverware Manufacturing

This industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing, engraving, chasing, or etching jewelry; (2) manufacturing, engraving, chasing, or etching metal personal goods (i.e., small articles carried on or about the person, such as compacts or cigarette cases); (3) manufacturing, engraving, chasing, or etching precious metal solid, precious metal clad, or pewter flatware and other hollowware; (4) stamping coins; (5) manufacturing unassembled jewelry parts and stock shop products, such as sheet, wire, and tubing; (6) cutting, slabbing, tumbling, carving, engraving, polishing, or faceting precious or semiprecious stones and gems; (7) recutting, repolishing, and setting gem stones; and (8) drilling, sawing, and peeling cultured and costume pearls. This industry includes establishments primarily engaged in manufacturing precious solid, precious clad, and precious plated jewelry and personal goods. Learn more at the U.S. Census Bureau

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PRECISION POLISHING AND ORNAMENTALS 401(K) PROFIT SHARING PLAN &TRUST 2022 050481623 2024-02-01 PRECISION POLISHING & ORNAMENTALS, INC. 16
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2002-01-01
Business code 332900
Sponsor’s telephone number 4017289994
Plan sponsor’s DBA name PRECISION POLISHING INC.
Plan sponsor’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860

Signature of

Role Plan administrator
Date 2024-02-01
Name of individual signing EDWARD AUDET
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2024-02-01
Name of individual signing EDWARD AUDET
Valid signature Filed with authorized/valid electronic signature
PRECISION POLISHING & ORNAMENTALS, INC. 401(K) PLAN 2012 050481623 2013-10-08 PRECISION POLISHING & ORNAMENTALS, INC. 47
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2002-01-01
Business code 332900
Sponsor’s telephone number 4017289994
Plan sponsor’s mailing address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Plan sponsor’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860

Plan administrator’s name and address

Administrator’s EIN 050481623
Plan administrator’s name PRECISION POLISHING & ORNAMENTALS, INC.
Plan administrator’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Administrator’s telephone number 4017289994

Number of participants as of the end of the plan year

Active participants 35
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 16
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 31
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 1

Signature of

Role Plan administrator
Date 2013-10-08
Name of individual signing EDWARD AUDET
Valid signature Filed with authorized/valid electronic signature
PRECISION POLISHING & ORNAMENTALS, INC. 401(K) PLAN 2011 050481623 2012-10-15 PRECISION POLISHING & ORNAMENTALS, INC. 47
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2002-01-01
Business code 332900
Sponsor’s telephone number 4017289994
Plan sponsor’s mailing address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Plan sponsor’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860

Plan administrator’s name and address

Administrator’s EIN 050481623
Plan administrator’s name PRECISION POLISHING & ORNAMENTALS, INC.
Plan administrator’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Administrator’s telephone number 4017289994

Number of participants as of the end of the plan year

Active participants 35
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 15
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 27
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 7

Signature of

Role Plan administrator
Date 2012-10-15
Name of individual signing EDWARD AUDET
Valid signature Filed with authorized/valid electronic signature
PRECISION POLISHING & ORNAMENTALS, INC. 401(K) PLAN 2010 050481623 2011-11-30 PRECISION POLISHING & ORNAMENTALS, INC. 36
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2002-01-01
Business code 332900
Sponsor’s telephone number 4017289994
Plan sponsor’s mailing address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Plan sponsor’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860

Plan administrator’s name and address

Administrator’s EIN 050481623
Plan administrator’s name PRECISION POLISHING & ORNAMENTALS, INC.
Plan administrator’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Administrator’s telephone number 4017289994

Number of participants as of the end of the plan year

Active participants 35
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 12
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 25
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2011-11-30
Name of individual signing EDWARD AUDET
Valid signature Filed with authorized/valid electronic signature
PRECISION POLISHING & ORNAMENTALS, INC. 401(K) PLAN 2010 050481623 2010-10-15 PRECISION POLISHING & ORNAMENTALS, INC. 28
Three-digit plan number (PN) 002
Effective date of plan 2002-01-01
Business code 332900
Sponsor’s telephone number 4017289994
Plan sponsor’s mailing address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Plan sponsor’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860

Plan administrator’s name and address

Administrator’s EIN 050481623
Plan administrator’s name PRECISION POLISHING & ORNAMENTALS, INC.
Plan administrator’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Administrator’s telephone number 4017289994

Number of participants as of the end of the plan year

Active participants 25
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 11
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 24
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2010-10-15
Name of individual signing EDWARD AUDET
Valid signature Filed with authorized/valid electronic signature
PRECISION POLISHING & ORNAMENTALS, INC. 401(K) PLAN 2010 050481623 2010-10-15 PRECISION POLISHING & ORNAMENTALS, INC. 28
Three-digit plan number (PN) 002
Effective date of plan 2002-01-01
Business code 332900
Sponsor’s telephone number 4017289994
Plan sponsor’s mailing address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Plan sponsor’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860

Plan administrator’s name and address

Administrator’s EIN 050481623
Plan administrator’s name PRECISION POLISHING & ORNAMENTALS, INC.
Plan administrator’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Administrator’s telephone number 4017289994

Number of participants as of the end of the plan year

Active participants 25
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 11
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 24
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Employer/plan sponsor
Date 2010-10-15
Name of individual signing EDWARD AUDET
Valid signature Filed with authorized/valid electronic signature
PRECISION POLISHING & ORNAMENTALS, INC. 401(K) PLAN 2010 050481623 2010-10-15 PRECISION POLISHING & ORNAMENTALS, INC. 28
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2002-01-01
Business code 332900
Sponsor’s telephone number 4017289994
Plan sponsor’s mailing address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Plan sponsor’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860

Plan administrator’s name and address

Administrator’s EIN 050481623
Plan administrator’s name PRECISION POLISHING & ORNAMENTALS, INC.
Plan administrator’s address 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Administrator’s telephone number 4017289994

Number of participants as of the end of the plan year

Active participants 25
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 11
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 24
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Employer/plan sponsor
Date 2010-10-15
Name of individual signing EDWARD AUDET
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
ORSON AND BRUSINI LTD. Agent 211 QUAKER LANE SUITE 201, WEST WARWICK, RI, 02893, USA

PRESIDENT

Name Role Address
EDWARD A. AUDET PRESIDENT 1 WEINGEROFF BOULEVARD CRANSTON, RI 02910 USA

TREASURER

Name Role Address
EDWARD A. AUDET TREASURER 1 WEINGEROFF BOULEVARD CRANSTON, RI 02910 USA

SECRETARY

Name Role Address
EDWARD A. AUDET SECRETARY 1 WEINGEROFF BOULEVARD CRANSTON, RI 02910 USA

VICE PRESIDENT

Name Role Address
EDWARD A. PHILLIPS VICE PRESIDENT 1 WEINGEROFF BOULEVARD CRANSTON, RI 02910 USA

Filings

Number Name File Date
202454084410 Annual Report - Amended 2024-05-08
202444517650 Annual Report 2024-01-22
202328967700 Annual Report 2023-02-21
202224309730 Statement of Change of Registered/Resident Agent Office 2022-10-21
202211788180 Annual Report 2022-02-24
202192462400 Annual Report 2021-02-19
202036601200 Annual Report 2020-03-19
201987926220 Annual Report 2019-02-25
201856712130 Annual Report 2018-01-24
201730486340 Annual Report 2017-01-19

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
300098738 0112300 1998-10-21 601 MINERAL SPRING AVENUE, PAWTUCKET, RI, 02860
Inspection Type Referral
Scope Partial
Safety/Health Safety
Close Conference 1998-11-10
Emphasis S: AMPUTATIONS
Case Closed 1998-12-30

Related Activity

Type Referral
Activity Nr 200093722
Safety Yes

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19100219 C02 I
Issuance Date 1998-11-10
Abatement Due Date 1998-12-10
Current Penalty 350.0
Initial Penalty 700.0
Nr Instances 26
Nr Exposed 10
Related Event Code (REC) Referral
Gravity 02
Citation ID 02001
Citaton Type Other
Standard Cited 19100147 C04 II
Issuance Date 1998-11-10
Abatement Due Date 1998-12-15
Nr Instances 1
Nr Exposed 10
Gravity 01

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5883718302 2021-01-26 0165 PPS 601 Mineral Spring Ave, Pawtucket, RI, 02860-3366
Loan Status Date 2022-01-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 101900
Loan Approval Amount (current) 101900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 434162
Servicing Lender Name Citizens Bank, National Association
Servicing Lender Address 1 Citizens Plaza, PROVIDENCE, RI, 02903-1344
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Pawtucket, PROVIDENCE, RI, 02860-3366
Project Congressional District RI-01
Number of Employees 13
NAICS code 339910
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 434162
Originating Lender Name Citizens Bank, National Association
Originating Lender Address PROVIDENCE, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 102771.04
Forgiveness Paid Date 2021-12-08
8245687102 2020-04-15 0165 PPP 601 Mineral Spring Avenue 2FL, Pawtucket, RI, 02860
Loan Status Date 2021-06-22
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 101900
Loan Approval Amount (current) 101900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 434162
Servicing Lender Name Citizens Bank, National Association
Servicing Lender Address 1 Citizens Plaza, PROVIDENCE, RI, 02903-1344
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Pawtucket, PROVIDENCE, RI, 02860-0001
Project Congressional District RI-01
Number of Employees 19
NAICS code 339910
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 434162
Originating Lender Name Citizens Bank, National Association
Originating Lender Address PROVIDENCE, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 102999.96
Forgiveness Paid Date 2021-05-20

Date of last update: 09 Apr 2025

Sources: Rhode Island Department of State