Plan5500

Group Health Plan For Employees Of Precision Materials, LLC — Form 5500 plan (Precision Materials, LLC)

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, Group Health Plan For Employees Of Precision Materials, LLC is a benefit plan reported by Precision Materials, LLC under EIN 26-4217506 and plan number 501. The latest loaded filing year is 2023. The filing reports 79 participants and $46,133 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Precision Materials, LLC
EIN
26-4217506
Plan number
501
Plan type
2
Location
Taylorsville, NC
Latest filing year
2023
Participants
79
End-of-year plan assets
$46,133

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202379I, C20240530151854NAL0013674145001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$46,133
Total liabilities (EOY)
$52,803
Net assets (EOY)
-$6,670
Net assets (BOY)
-$142,699

Income & contributions

Employer contributions
$696,653
Participant contributions
$17,793
Total income / additions
$715,879

Expenses & distributions

Benefits paid
$322,905
Administrative expenses
$34,332
Total expenses
$579,850
Net increase / (decrease)
$136,029

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Meritain Health, An Aetna CompanyADMIN$34,332not reported in the loaded dataset2023
Acentria Insurance22$27,115not reported in the loaded dataset2023
The Benecon GroupBROKER$17,738not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$5,012not reported in the loaded dataset2023

Related Form 5500 pages