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  5. Preferred Precast Inc.

Preferred Precast Inc.

Company Details

Name: Preferred Precast Inc.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 23 Jan 2012 (13 years ago)
Identification Number: 000770825
ZIP code: 02864
County: Providence County
Principal Address: 2 TITUS STREET, CUMBERLAND, RI, 02864, USA
Purpose: MANUFACTURE PRECAST CONCRETE Title: 7-1.2-1701

Industry & Business Activity

NAICS

339999 All Other Miscellaneous Manufacturing

This U.S. industry comprises establishments primarily engaged in miscellaneous manufacturing (except medical equipment and supplies, jewelry and flatware, sporting and athletic goods, dolls, toys, games, office supplies (except paper), musical instruments, fasteners, buttons, needles, pins, brooms, brushes, mops, and burial caskets). Learn more at the U.S. Census Bureau

Companies doing All other miscellaneous manufacturing

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PREFERRED PRECAST INC 401(K) PROFIT SHARING PLAN & TRUST 2023 454407265 2024-04-04 PREFERRED PRECAST INC 44
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2024-04-04
Name of individual signing MICHAEL MARINO
Valid signature Filed with authorized/valid electronic signature
PREFERRED PRECAST INC 401(K) PROFIT SHARING PLAN & TRUST 2022 454407265 2023-05-03 PREFERRED PRECAST INC 40
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2023-05-03
Name of individual signing KAREN MARINO
Valid signature Filed with authorized/valid electronic signature
PREFERRED PRECAST INC 401(K) PROFIT SHARING PLAN & TRUST 2021 454407265 2022-05-09 PREFERRED PRECAST INC 38
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2022-05-09
Name of individual signing KAREN MARINO
Valid signature Filed with authorized/valid electronic signature
PREFERRED PRECAST INC 401(K) PROFIT SHARING PLAN & TRUST 2020 454407265 2021-05-20 PREFERRED PRECAST INC 34
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2021-05-20
Name of individual signing MICHAEL MARINO
Valid signature Filed with authorized/valid electronic signature
PREFERRED PRECAST INC 401(K) PROFIT SHARING PLAN & TRUST 2019 454407265 2020-05-07 PREFERRED PRECAST INC 29
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2020-05-07
Name of individual signing MICHAEL MARINO
Valid signature Filed with authorized/valid electronic signature
PREFERRED PRECAST INC 401 K PROFIT SHARING PLAN TRUST 2018 454407265 2019-05-08 PREFERRED PRECAST INC 29
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2019-05-08
Name of individual signing MICHAEL MARINO
Valid signature Filed with authorized/valid electronic signature
PREFERRED PRECAST INC 401 K PROFIT SHARING PLAN TRUST 2017 454407265 2018-06-19 PREFERRED PRECAST INC 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2018-06-19
Name of individual signing MICHAEL MARINO
Valid signature Filed with authorized/valid electronic signature
PREFERRED PRECAST INC 401 K PROFIT SHARING PLAN TRUST 2016 454407265 2017-07-12 PREFERRED PRECAST INC 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2017-07-12
Name of individual signing MICHAEL MARINO
Valid signature Filed with authorized/valid electronic signature
PREFERRED PRECAST INC 401 K PROFIT SHARING PLAN TRUST 2015 454407265 2016-10-18 PREFERRED PRECAST INC 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 812990
Sponsor’s telephone number 4014755560
Plan sponsor’s address 2 TITUS STREET, CUMBERLAND, RI, 02864

Signature of
Role Plan administrator
Date 2016-10-18
Name of individual signing MICHAEL MARINO
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
JOHN MARINO Agent 2 TITUS STREET, CUMBERLAND, RI, 02864, USA

PRESIDENT

Name Role Address
JOHN A. MARINO JR. PRESIDENT 2 TITUS STREET CUMBERLAND, RI 02864 USA

VICE PRESIDENT

Name Role Address
MICHAEL MARINO VICE PRESIDENT 905 CHARLES STREET, APT 1A NORTH PROVIDENCE, RI 02904 US

Filings

Number Name File Date
202444373760 Annual Report 2024-01-22
202327157760 Annual Report 2023-02-01
202208139140 Annual Report 2022-01-19
202184200030 Annual Report 2021-01-05
201929794500 Annual Report 2019-12-12
201882751170 Annual Report 2018-12-17
201855922710 Annual Report 2018-01-10
201729456400 Annual Report 2017-01-04
201603258340 Annual Report 2016-08-04
201601557300 Revocation Notice For Failure to File An Annual Report 2016-07-07

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
346968076 0112300 2023-09-12 2 TITUS STREET, CUMBERLAND, RI, 02864
Inspection Type Referral
Scope Partial
Safety/Health Safety
Close Conference 2023-09-12
Emphasis L: FALL, L: FORKLIFT
Case Closed 2023-12-08

Related Activity
Type Referral
Activity Nr 2079538
Safety Yes

Violation Items
Citation ID 01001
Citaton Type Serious
Standard Cited 19100028 B01 I
Issuance Date 2023-11-15
Current Penalty 2232.5
Initial Penalty 4465.0
Final Order 2023-11-30
Nr Instances 1
Nr Exposed 1
Related Event Code (REC) Referral
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.28(b)(1)(i): Except as provided elsewhere in this section 29 CFR 1910.28, the employer did not ensure that each employee on a walking-working surface with an unprotected side or edge that is 4 feet (1.2 m) or more above a lower level is protected from falling by one or more of the systems described in 29 CFR 1910.28(b)(1)(i). (a) Worksite - Upper Parking Lot: On or about 9/9/2023, an employee standing on top of a 30-yard dumpster, approximately 6 feet above the ground, was not provided with adequate fall protection and fell to the ground.
Citation ID 01002A
Citaton Type Serious
Standard Cited 19100178 L01 I
Issuance Date 2023-11-15
Abatement Due Date 2024-01-03
Current Penalty 3125.0
Initial Penalty 6250.0
Final Order 2023-11-30
Nr Instances 1
Nr Exposed 3
Related Event Code (REC) Referral
Gravity 10
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.178(l)(1)(i): The employer shall ensure that each powered industrial truck operator is competent to operate a powered industrial truck safely, as demonstrated by the successful completion of the training and evaluation specified in this paragraph (l). (a) Worksite - Yard: On or about 9/12/2023, the employer did not ensure that each powered industrial truck operator was competent to operate a powered industrial truck by successfully completing training and and a skills evaluation.
Citation ID 01002B
Citaton Type Serious
Standard Cited 19100178 P01
Issuance Date 2023-11-15
Abatement Due Date 2024-01-03
Current Penalty 0.0
Initial Penalty 0.0
Final Order 2023-11-30
Nr Instances 1
Nr Exposed 3
Related Event Code (REC) Referral
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.178(p)(1): Powered industrial truck(s) found to be in need of repair, defective, or in any way unsafe had not been taken out of service until restored to safe operating condition(s). (a)Worksite - yard: On or about 9/12/2023, a Hyundai 30L-7A was found to be in need of repair, with a missing bolt and damage to the right-side of the load backrest, and was not taken out of service.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7043688302 2021-01-27 0165 PPS 2 Titus St, Cumberland, RI, 02864-8396
Loan Status Date 2021-11-20
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 220800
Loan Approval Amount (current) 220800
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 Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Cumberland, PROVIDENCE, RI, 02864-8396
Project Congressional District RI-01
Number of Employees 18
NAICS code 327390
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
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 222282.08
Forgiveness Paid Date 2021-10-06
2643007204 2020-04-16 0165 PPP 2 Titus Street, Cumberland, RI, 02864
Loan Status Date 2021-02-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 253800
Loan Approval Amount (current) 220800
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 Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Cumberland, PROVIDENCE, RI, 02864-0001
Project Congressional District RI-01
Number of Employees 22
NAICS code 327390
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
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 222433.32
Forgiveness Paid Date 2021-01-25

Related by officers

JOHN MARINO

FCC Equipment Financing, Inc.

MICHAEL MARINO

LDM SYSTEMS INC. RSL COM U.S.A., INC. RSL COM PrimeCall, Inc. 32 Cobb Street LLC 409 Federal Street LLC

Related by address

2 TITUS STREET, CUMBERLAND, RI, 02864, USA

GLOBAL NARROW FABRICS, LLC TEKNICOTE-CUMBERLAND, INC.

Date of last update: 17 Oct 2024

Sources: Rhode Island Department of State

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