2023 Form 5500 filing — Mass Precision 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 20241015171910NAL0015160947001) for Mass Precision 401(K) Plan, reported by Mass Precision, Inc. under EIN 77-0034627 and plan number 003. It reports 480 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015171910NAL0015160947001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mass Precision, Inc.
- EIN
- 77-0034627
- Plan number
- 003
- Location
- San Jose, CA
- Participants
- 480
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,436,290
- Total liabilities (EOY)
- $3,400
- Net assets (EOY)
- $20,432,890
- Employer contributions
- $82,645
- Participant contributions
- $1,355,308
- Total income / additions
- $3,757,401
- Benefits paid
- $852,855
- Administrative expenses
- $33,617
- Total expenses
- $950,136
- Net increase / (decrease)
- $2,807,265
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $55,867 | not reported in the loaded dataset |
| Empower Advisory Group LLC | INVESTMENT MGMT | $21,444 | not reported in the loaded dataset |
| Primark Benefits | THIRD PARTY ADMIN | $11,440 | not reported in the loaded dataset |