2023 Form 5500 filing — Precision Resources, Inc. 401(K) Profit Sharing 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 20250313141411NAL0011023875001) for Precision Resources, Inc. 401(K) Profit Sharing Plan, reported by Precision Resources, Inc. under EIN 59-3159286 and plan number 003. It reports 182 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250313141411NAL0011023875001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Precision Resources, Inc.
- EIN
- 59-3159286
- Plan number
- 003
- Location
- Cocoa, FL
- Participants
- 182
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,598,333
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,598,333
- Employer contributions
- $399,206
- Participant contributions
- $752,528
- Total income / additions
- $2,056,101
- Benefits paid
- $330,728
- Administrative expenses
- $60,762
- Total expenses
- $391,490
- Net increase / (decrease)
- $1,664,611
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Firstrust, LLC | INVESTMENT AD VISOR | $53,891 | not reported in the loaded dataset |
| Richard Blum And Associates | THIRD PARTY ADMINISTRATOR | $2,709 | not reported in the loaded dataset |