Precision Walls, Inc. 401(K) Plan — Form 5500 plan (Precision Walls, 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 Walls, Inc. 401(K) Plan is a benefit plan reported by Precision Walls, Inc. under EIN 56-1171361 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,214 participants and $24,055,957 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$24.1MPlan net assets, end of year$24,055,957
Participants1.2KCovered participants reported1,214
Assets / participant$19.8KComputed: assets ÷ participants$19,815 (computed)
Provider compensation$71.7K1 Schedule C provider row(s)$71,713
- Plan sponsor
- Precision Walls, Inc.
- EIN
- 56-1171361
- Plan number
- 001
- Plan type
- 2
- Location
- Cary, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,214 | H, C | 20240729121837NAL0011021091001 |
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)$24.1M total assets
Net assets$24.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $24,055,957
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,055,957
- Net assets (BOY)
- $19,764,718
Income & contributions
- Employer contributions
- $411,121
- Participant contributions
- $2,342,769
- Total contributions
- $2,832,178
- Total income / additions
- $6,445,715
Expenses & distributions
- Benefits paid
- $2,004,361
- Administrative expenses
- $72,674
- Total expenses
- $2,154,476
- Net increase / (decrease)
- $4,291,239
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.
15%85%
Employer 15%Participant 85%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ascensus LLC | NONE | $71,713 | $0 | 2023 |