2023 Form 5500 filing — Precision Drive & Control, Inc. Employee Stock Ownership 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 20250715154433NAL0003254160001) for Precision Drive & Control, Inc. Employee Stock Ownership Plan, reported by Precision Drive & Control, Inc. under EIN 39-1251035 and plan number 002. It reports 122 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20250715154433NAL0003254160001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Precision Drive & Control, Inc.
- EIN
- 39-1251035
- Plan number
- 002
- Location
- Monroe, WI
- Participants
- 122
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,290,282
- Total liabilities (EOY)
- $5,308,459
- Net assets (EOY)
- $6,981,823
- Employer contributions
- $383,386
- Total income / additions
- $4,894,338
- Benefits paid
- $147,501
- Administrative expenses
- $2,053
- Total expenses
- $270,353
- Net increase / (decrease)
- $4,623,985
- Schedule source
- Schedule H