2023 Form 5500 filing — Petersen Precision Engineering, LLC 401(K) Savings 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 20241014155252NAL0026635281001) for Petersen Precision Engineering, LLC 401(K) Savings Plan, reported by Petersen Precision Engineering, LLC under EIN 94-1623325 and plan number 001. It reports 169 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)$10.4MReported net assets$10,444,900
Participants169
Provider compensation$28.8K4 Schedule C row(s)$28,792
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014155252NAL0026635281001
- Plan sponsor
- Petersen Precision Engineering, LLC
- EIN
- 94-1623325
- Plan number
- 001
- Location
- Redwood City, CA
- Received date
- not reported in the loaded dataset
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)$10.4M total assets
Net assets$10.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $10,444,900
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,444,900
- Employer contributions
- $147,385
- Participant contributions
- $724,692
- Total income / additions
- $2,475,503
- Benefits paid
- $936,493
- Administrative expenses
- $7,378
- Total expenses
- $949,312
- Net increase / (decrease)
- $1,526,191
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Massachusetts Mutual Life Ins Comp | BROKER/ADVISER | $0 | $21,414 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $4,606 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,772 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $0 | $0 |