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 Drive & Control, Inc. Retirement Savings Plan is a benefit plan reported by Precision Drive & Control, Inc. under EIN 39-1251035 and plan number 001. The latest loaded filing year is 2023. The filing reports 144 participants and $23,237,031 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,237,031
- Net assets (EOY)
- $23,237,031
- Net assets (BOY)
- $18,025,033
Income & contributions
- Employer contributions
- $217,279
- Participant contributions
- $708,973
- Total contributions
- $1,869,119
- Total income / additions
- $5,624,940
Expenses & distributions
- Benefits paid
- $407,669
- Administrative expenses
- $5,273
- Total expenses
- $412,942
- Net increase / (decrease)
- $5,211,998