2023 Form 5500 filing — Precision Associates, Inc. 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241003084802NAL0010304145001) for Precision Associates, Inc. 401(K) Plan, reported by Precision Associates, Inc. under EIN 41-0763581 and plan number 001. It reports 302 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$20MReported net assets$19,999,651
Participants302
Provider compensation$22.8K3 Schedule C row(s)$22,809
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241003084802NAL0010304145001
Plan sponsor
Precision Associates, Inc.
EIN
41-0763581
Plan number
001
Location
Minneapolis, MN
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$20M total assets
Net assets$20MLiabilities$0
Money in vs. money out
Total income / additions$4.5M
Total expenses$851.5K
Benefits paid / distributions$814.2K
Contributions
Employer$345.5K
Participant$1M
Full reported line items
Total assets (EOY)
$19,999,651
Total liabilities (EOY)
$0
Net assets (EOY)
$19,999,651
Employer contributions
$345,452
Participant contributions
$1,011,635
Total income / additions
$4,474,275
Benefits paid
$814,155
Administrative expenses
$22,809
Total expenses
$851,479
Net increase / (decrease)
$3,622,796
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $21.4K · Indirect $0
  2. 2
    INVESTMENT MGMT · Direct $1K
  3. 3
    CONSULTING · Direct $400

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241003084802NAL0010304145001 cover?
It is the 2023 Form 5500 filing for Precision Associates, Inc. 401(K) Plan, reported by Precision Associates, Inc. (EIN 41-0763581).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages