2023 Form 5500 filing — Precision Drive & Control, Inc. Employee Stock Ownership 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 20250715154433NAL0003254160001) for Precision Drive & Control, Inc. Employee Stock Ownership Plan, reported by Precision Drive & Control, Inc. under EIN 39-1251035 and plan number 002. It reports 122 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$7MReported net assets$6,981,823
Participants122
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20250715154433NAL0003254160001
Plan sponsor
Precision Drive & Control, Inc.
EIN
39-1251035
Plan number
002
Location
Monroe, WI
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$12.3M total assets
Net assets$7MLiabilities$5.3M
Money in vs. money out
Total income / additions$4.9M
Total expenses$270.4K
Benefits paid / distributions$147.5K
Contributions
Employer$383.4K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$12,290,282
Total liabilities (EOY)
$5,308,459
Net assets (EOY)
$6,981,823
Employer contributions
$383,386
Total income / additions
$4,894,338
Benefits paid
$147,501
Administrative expenses
$2,053
Total expenses
$270,353
Net increase / (decrease)
$4,623,985

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20250715154433NAL0003254160001 cover?
It is the 2023 Form 5500 filing for Precision Drive & Control, Inc. Employee Stock Ownership Plan, reported by Precision Drive & Control, Inc. (EIN 39-1251035).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials).

Related Form 5500 pages