2023 Form 5500 filing — Precision Tool Technologies, Inc. Profit Sharing 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240524152724NAL0010743104001) for Precision Tool Technologies, Inc. Profit Sharing 401(K) Plan, reported by Precision Tool Technologies, Inc. under EIN 41-1761732 and plan number 001. It reports 25 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240524152724NAL0010743104001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Precision Tool Technologies, Inc.
- EIN
- 41-1761732
- Plan number
- 001
- Location
- Brainerd, MN
- Participants
- 25
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,518,214
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,518,214
- Employer contributions
- $74,533
- Participant contributions
- $148,348
- Total income / additions
- $603,830
- Benefits paid
- $19,436
- Administrative expenses
- $9,197
- Total expenses
- $28,633
- Net increase / (decrease)
- $575,197
- Schedule source
- Schedule I