2023 Form 5500 filing — Precision Drive & Control, Inc. Retirement 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 20250711143310NAL0004747859001) for Precision Drive & Control, Inc. Retirement Savings Plan, reported by Precision Drive & Control, Inc. under EIN 39-1251035 and plan number 001. It reports 144 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250711143310NAL0004747859001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Precision Drive & Control, Inc.
- EIN
- 39-1251035
- Plan number
- 001
- Location
- Monroe, WI
- Participants
- 144
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,237,031
- Net assets (EOY)
- $23,237,031
- Employer contributions
- $217,279
- Participant contributions
- $708,973
- Total income / additions
- $5,624,940
- Benefits paid
- $407,669
- Administrative expenses
- $5,273
- Total expenses
- $412,942
- Net increase / (decrease)
- $5,211,998
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Compensation Systems, Inc | CONTRACT ADMIN | $5,270 | $15,823 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $871 | $0 |