2023 Form 5500 filing — Precision Fabrics Group, Inc. 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 20240923095311NAL0023181122001) for Precision Fabrics Group, Inc. 401(K) Plan, reported by Precision Fabrics Group, Inc. under EIN 56-1595882 and plan number 002. It reports 672 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$37.4MReported net assets$37,446,730
Participants672
Provider compensation$149.8K3 Schedule C row(s)$149,795
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240923095311NAL0023181122001
- Plan sponsor
- Precision Fabrics Group, Inc.
- EIN
- 56-1595882
- Plan number
- 002
- Location
- Greensboro, NC
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$37.4M total assets
Net assets$37.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $37,446,730
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,446,730
- Employer contributions
- $706,171
- Participant contributions
- $1,696,779
- Total income / additions
- $8,184,004
- Benefits paid
- $3,879,787
- Administrative expenses
- $149,795
- Total expenses
- $4,029,582
- Net increase / (decrease)
- $4,154,422
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $100,786 | $0 |
| Davenport & Company, LLC | INVESTMENT ADVISORY | $49,009 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |