Precision Gear Industries LLC 401(K) Plan — Form 5500 plan (Precision Gear Industries LLC)
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 Gear Industries LLC 401(K) Plan is a benefit plan reported by Precision Gear Industries LLC under EIN 11-2367492 and plan number 002. The latest loaded filing year is 2023. The filing reports 191 participants and $17,543,591 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Precision Gear Industries LLC
- EIN
- 11-2367492
- Plan number
- 002
- Plan type
- 3
- Location
- College Point, NY
- Latest filing year
- 2023
- Participants
- 191
- End-of-year plan assets
- $17,543,591
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 191 | H, C | 20240913122822NAL0019714322001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,543,591
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,543,591
- Net assets (BOY)
- $16,992,130
Income & contributions
- Employer contributions
- $283,768
- Participant contributions
- $837,433
- Total contributions
- $1,128,577
- Total income / additions
- $3,198,696
Expenses & distributions
- Benefits paid
- $2,572,738
- Administrative expenses
- $74,332
- Total expenses
- $2,647,235
- Net increase / (decrease)
- $551,461
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $74,332 | $0 | 2023 |