2023 Form 5500 filing — Precision Gear Industries LLC 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 20240913122822NAL0019714322001) for Precision Gear Industries LLC 401(K) Plan, reported by Precision Gear Industries LLC under EIN 11-2367492 and plan number 002. It reports 191 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240913122822NAL0019714322001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Precision Gear Industries LLC
- EIN
- 11-2367492
- Plan number
- 002
- Location
- College Point, NY
- Participants
- 191
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,543,591
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,543,591
- Employer contributions
- $283,768
- Participant contributions
- $837,433
- Total income / additions
- $3,198,696
- Benefits paid
- $2,572,738
- Administrative expenses
- $74,332
- Total expenses
- $2,647,235
- Net increase / (decrease)
- $551,461
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $74,332 | $0 |