Precision Technologies Corp 401k Plan — Form 5500 plan (Precision Technologies Corp)
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 Technologies Corp 401k Plan is a benefit plan reported by Precision Technologies Corp under EIN 27-3425282 and plan number 001. The latest loaded filing year is 2023. The filing reports 188 participants and $1,875,917 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$1.9MPlan net assets, end of year$1,875,917
Participants188Covered participants reported
Assets / participant$10KComputed: assets ÷ participants$9,978 (computed)
Provider compensation$6972 Schedule C provider row(s)
- Plan sponsor
- Precision Technologies Corp
- EIN
- 27-3425282
- Plan number
- 001
- Plan type
- 2
- Location
- Monmouth Junction, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 188 | H, C | 20241022050700NAL0002257041001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$1.9M total assets
Net assets$1.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $1,875,917
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,875,917
- Net assets (BOY)
- $1,428,262
Income & contributions
- Participant contributions
- $370,659
- Total contributions
- $373,052
- Total income / additions
- $660,611
Expenses & distributions
- Benefits paid
- $148,909
- Administrative expenses
- $697
- Total expenses
- $212,956
- Net increase / (decrease)
- $447,655
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income23%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $697 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |