Precision Drive & Control, Inc. Employee Stock Ownership Plan — Form 5500 plan (Precision Drive & Control, 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 Drive & Control, Inc. Employee Stock Ownership Plan is a benefit plan reported by Precision Drive & Control, Inc. under EIN 39-1251035 and plan number 002. The latest loaded filing year is 2023. The filing reports 122 participants and $12,290,282 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Precision Drive & Control, Inc.
- EIN
- 39-1251035
- Plan number
- 002
- Plan type
- 2
- Location
- Monroe, WI
- Latest filing year
- 2023
- Participants
- 122
- End-of-year plan assets
- $12,290,282
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 122 | H | 20250715154433NAL0003254160001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,290,282
- Total liabilities (EOY)
- $5,308,459
- Net assets (EOY)
- $6,981,823
- Net assets (BOY)
- $2,357,838
Income & contributions
- Employer contributions
- $383,386
- Total contributions
- $383,386
- Total income / additions
- $4,894,338
Expenses & distributions
- Benefits paid
- $147,501
- Administrative expenses
- $2,053
- Total expenses
- $270,353
- Net increase / (decrease)
- $4,623,985
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.