Precision Personnel Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Precision Personnel Inc)
Plain-English plan 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, Precision Personnel Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Precision Personnel Inc under EIN 01-0622172 and plan number 001. The latest loaded filing year is 2023. The filing reports 245 participants and $10,124,213 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.1MPlan net assets, end of year$10,124,213
Participants245Covered participants reported
Assets / participant$41.3KComputed: assets ÷ participants$41,323 (computed)
Provider compensation$26.6K2 Schedule C provider row(s)$26,579
- Plan sponsor
- Precision Personnel Inc
- EIN
- 01-0622172
- Plan number
- 001
- Plan type
- 2
- Location
- Clearwater, FL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 245 | H, C | 20250116153708NAL0013817011001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$10.1M total assets
Net assets$10.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,124,213
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,124,213
- Net assets (BOY)
- $8,204,443
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $1,405,607
- Total contributions
- $1,457,517
- Total income / additions
- $3,093,143
Expenses & distributions
- Benefits paid
- $1,142,027
- Administrative expenses
- $27,298
- Total expenses
- $1,173,373
- Net increase / (decrease)
- $1,919,770
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
100%
Employer 0%Participant 100%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $14,489 | not reported in the loaded dataset | 2023 |
| Fi401k Advisors LLC | ADVISOR | $12,090 | not reported in the loaded dataset | 2023 |