Petersen Precision Engineering, LLC 401(K) Savings Plan — Form 5500 plan (Petersen Precision Engineering, 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, Petersen Precision Engineering, LLC 401(K) Savings Plan is a benefit plan reported by Petersen Precision Engineering, LLC under EIN 94-1623325 and plan number 001. The latest loaded filing year is 2023. The filing reports 169 participants and $10,444,900 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Petersen Precision Engineering, LLC
EIN
94-1623325
Plan number
001
Plan type
2
Location
Redwood City, CA
Latest filing year
2023
Participants
169
End-of-year plan assets
$10,444,900

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023169H, C20241014155252NAL0026635281001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,444,900
Total liabilities (EOY)
$0
Net assets (EOY)
$10,444,900
Net assets (BOY)
$8,918,709

Income & contributions

Employer contributions
$147,385
Participant contributions
$724,692
Total contributions
$872,077
Total income / additions
$2,475,503

Expenses & distributions

Benefits paid
$936,493
Administrative expenses
$7,378
Total expenses
$949,312
Net increase / (decrease)
$1,526,191

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Massachusetts Mutual Life Ins CompBROKER/ADVISER$0$21,4142023
Leafhouse Financial Advisors, LLCINVESTMENT ADVISOR$4,606not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$2,772not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$0$02023

Related Form 5500 pages