2023 Form 5500 filing — Precision Practice Management, 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 20240926144918NAL0000934529001) for Precision Practice Management, Inc. 401(K) Plan, reported by Precision Practice Management, Inc. under EIN 37-1315752 and plan number 001. It reports 258 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926144918NAL0000934529001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Precision Practice Management, Inc.
- EIN
- 37-1315752
- Plan number
- 001
- Location
- Belleville, IL
- Participants
- 258
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,956,557
- Total liabilities (EOY)
- $2,481
- Net assets (EOY)
- $9,954,076
- Employer contributions
- $275,986
- Participant contributions
- $601,944
- Total income / additions
- $2,438,546
- Benefits paid
- $588,802
- Administrative expenses
- $65,831
- Total expenses
- $691,284
- Net increase / (decrease)
- $1,747,262
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pcs Retirement LLC | CONTRACT ADMINISTRATOR | $39,881 | not reported in the loaded dataset |
| Diversified Financial Advisors, LLC | ADVISOR | $25,950 | not reported in the loaded dataset |