Precision Tool Technologies, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Precision Tool Technologies, 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 Tool Technologies, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Precision Tool Technologies, Inc. under EIN 41-1761732 and plan number 001. The latest loaded filing year is 2023. The filing reports 25 participants and $2,518,214 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Precision Tool Technologies, Inc.
- EIN
- 41-1761732
- Plan number
- 001
- Plan type
- 2
- Location
- Brainerd, MN
- Latest filing year
- 2023
- Participants
- 25
- End-of-year plan assets
- $2,518,214
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 25 | I | 20240524152724NAL0010743104001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,518,214
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,518,214
- Net assets (BOY)
- $1,943,017
Income & contributions
- Employer contributions
- $74,533
- Participant contributions
- $148,348
- Total income / additions
- $603,830
Expenses & distributions
- Benefits paid
- $19,436
- Administrative expenses
- $9,197
- Total expenses
- $28,633
- Net increase / (decrease)
- $575,197
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.