2023 Form 5500 filing — Precision Wire Products Inc. Employees' 401(K) Profit Sharing Plan And Trust
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 20241015191006NAL0057805682001) for Precision Wire Products Inc. Employees' 401(K) Profit Sharing Plan And Trust, reported by Precision Wire Products Inc. under EIN 95-2594778 and plan number 001. It reports 343 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015191006NAL0057805682001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Precision Wire Products Inc.
- EIN
- 95-2594778
- Plan number
- 001
- Location
- Commerce, CA
- Participants
- 343
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,964,890
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,964,890
- Employer contributions
- $80,688
- Participant contributions
- $518,023
- Total income / additions
- $1,437,691
- Benefits paid
- $256,297
- Administrative expenses
- $32,873
- Total expenses
- $289,170
- Net increase / (decrease)
- $1,148,521
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $27,121 | not reported in the loaded dataset |
| Oakwood Caiptal Securities Inc. | BROKER/ADVISOR | $0 | $13,726 |
| Kestra Invetment Serivesc LLC | BORKER/ADVISOR | $0 | $4,181 |
| Ascensus Holdings Inc | CONTRACT ADMIN | $3,700 | not reported in the loaded dataset |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $2,052 | not reported in the loaded dataset |