Plan5500

Precision Associates, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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 Associates, Inc. (EIN 41-0763581) is a plan sponsor located in Minneapolis, MN with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
41-0763581
Location
Minneapolis, MN
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Precision Associates, Inc.

  • 2 loaded plans hold $20M in reported assets.
  • The largest, Precision Associates, Inc. 401(K) Plan, holds 100% of this company's reported plan assets.
  • Plans cover 410 reported participants.
  • 1 of 2 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$20MSummed across loaded plans$19,999,651
Total reported assets$20M$19,999,651
Total reported participants410
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$20M total assets
Net assets$20MLiabilities$0
Contributions & income
Employer contributions$345.5K
Participant contributions$1M
Total income / additions$4.5M
Expenses & distributions
Benefits paid / distributions$814.2K
Total expenses$851.5K
Net increase / (decrease)$3.6M

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Precision Associates, Inc. 401(K) Plan
Participants per plan205Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Precision Associates, Inc. 401(K) Plan$20M
    Plan #001 · 302 participants · 2023
  2. 2
    Precision Associates Group Benefit Sec. 125 Plannot reported in the loaded dataset
    Plan #501 · 108 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Precision Associates, Inc.. Open one for its full reported snapshot.

  1. 2023
    Precision Associates Group Benefit Sec. 125 Plan108 participants · 2No schedules
    View filing →
  2. 2023
    Precision Associates, Inc. 401(K) Plan302 participants · 2Sch HSch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Precision Associates, Inc. report on Form 5500?
Precision Associates, Inc. (EIN 41-0763581) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Precision Associates, Inc.?
The Employer Identification Number (EIN) reported for Precision Associates, Inc. is 41-0763581.
What is the latest Form 5500 filing year for Precision Associates, Inc.?
The latest loaded Form 5500 filing year for Precision Associates, Inc. is 2023.

Related Form 5500 pages