Precision International Automotive Products Inc. 401 (K) Plan — Form 5500 plan (Precision International Automotive Products Inc.)

Plain-English plan 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, Precision International Automotive Products Inc. 401 (K) Plan is a benefit plan reported by Precision International Automotive Products Inc. under EIN 06-1523149 and plan number 003. The latest loaded filing year is 2023. The filing reports 155 participants and $26,860,066 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Precision International Automotive Products Inc.
EIN
06-1523149
Plan number
003
Plan type
2
Location
Yapank, NY
Latest filing year
2023
Participants
155
End-of-year plan assets
$26,860,066

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023155H, C20240423142804NAL0001777089001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,860,066
Total liabilities (EOY)
$0
Net assets (EOY)
$26,860,066
Net assets (BOY)
$23,019,560

Income & contributions

Employer contributions
$765,686
Participant contributions
$474,203
Total contributions
$1,239,889
Total income / additions
$4,661,514

Expenses & distributions

Benefits paid
$820,091
Administrative expenses
$917
Total expenses
$821,008
Net increase / (decrease)
$3,840,506

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wells Fargo Clearing Svcs (Wf Advs)INVESTMENT ADVISORY$0$58,6132023
Associated Pension Consultants, IncCONTRACT ADMINISTRATOR$315$9,4972023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$601$02023

Related Form 5500 pages