Pyramid Precision Machine, Inc. 401(K) Plan — Form 5500 plan (Pyramid Precision Machine, 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, Pyramid Precision Machine, Inc. 401(K) Plan is a benefit plan reported by Pyramid Precision Machine, Inc. under EIN 33-0328174 and plan number 001. The latest loaded filing year is 2023. The filing reports 146 participants and $5,155,431 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.2MPlan net assets, end of year$5,151,521
Participants146Covered participants reported
Assets / participant$35.3KComputed: assets ÷ participants$35,311 (computed)
Provider compensation$50.5K3 Schedule C provider row(s)$50,480
Plan sponsor
Pyramid Precision Machine, Inc.
EIN
33-0328174
Plan number
001
Plan type
2
Location
San Diego, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023146H, C20241007132251NAL0030966162001
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)$5.2M total assets
Net assets$5.2MLiabilities$3.9K
Money in vs. money out
Total income / additions$1.2M
Total expenses$158.8K
Benefits paid / distributions$107.1K
Contributions
Employer$70K
Participant$502.5K
Full reported line items

Net assets

Total assets (EOY)
$5,155,431
Total liabilities (EOY)
$3,910
Net assets (EOY)
$5,151,521
Net assets (BOY)
$4,123,337

Income & contributions

Employer contributions
$70,032
Participant contributions
$502,466
Total contributions
$572,498
Total income / additions
$1,186,945

Expenses & distributions

Benefits paid
$107,113
Administrative expenses
$25,541
Total expenses
$158,761
Net increase / (decrease)
$1,028,184

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$23,436$02023
Independent Financial Grp LLCBROKER$0$21,3122023
San Diego Pension ConsultantsCONTRACT ADMIN$1,425$4,3072023

Related Form 5500 pages