2023 Form 5500 filing — Precision Technologies Corp 401k 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 20241022050700NAL0002257041001) for Precision Technologies Corp 401k Plan, reported by Precision Technologies Corp under EIN 27-3425282 and plan number 001. It reports 188 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)$1.9MReported net assets$1,875,917
Participants188
Provider compensation$6972 Schedule C row(s)
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241022050700NAL0002257041001
- Plan sponsor
- Precision Technologies Corp
- EIN
- 27-3425282
- Plan number
- 001
- Location
- Monmouth Junction, NJ
- 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)$1.9M total assets
Net assets$1.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $1,875,917
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,875,917
- Participant contributions
- $370,659
- Total income / additions
- $660,611
- Benefits paid
- $148,909
- Administrative expenses
- $697
- Total expenses
- $212,956
- Net increase / (decrease)
- $447,655
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $697 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |