2023 Form 5500 filing — Precision Ndt 401(K) Retirement 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 20241015190107NAL0049456368002) for Precision Ndt 401(K) Retirement Plan, reported by Precision Ndt, LLC under EIN 35-2474581 and plan number 001. It reports 406 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015190107NAL0049456368002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Precision Ndt, LLC
- EIN
- 35-2474581
- Plan number
- 001
- Location
- Hobbs, NM
- Participants
- 406
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,757,694
- Net assets (EOY)
- $1,757,694
- Participant contributions
- $642,986
- Total income / additions
- $922,175
- Benefits paid
- $220,342
- Administrative expenses
- $19,803
- Total expenses
- $244,888
- Net increase / (decrease)
- $677,287
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $1,523 | not reported in the loaded dataset |
| Wilshire Associates Inc | RIA | $260 | not reported in the loaded dataset |