Precision Resources, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Precision Resources, 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 Resources, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Precision Resources, Inc. under EIN 59-3159286 and plan number 003. The latest loaded filing year is 2023. The filing reports 182 participants and $11,598,333 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Precision Resources, Inc.
EIN
59-3159286
Plan number
003
Plan type
2
Location
Cocoa, FL
Latest filing year
2023
Participants
182
End-of-year plan assets
$11,598,333

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023182H, C20250313141411NAL0011023875001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,598,333
Total liabilities (EOY)
$0
Net assets (EOY)
$11,598,333
Net assets (BOY)
$9,933,722

Income & contributions

Employer contributions
$399,206
Participant contributions
$752,528
Total contributions
$1,151,734
Total income / additions
$2,056,101

Expenses & distributions

Benefits paid
$330,728
Administrative expenses
$60,762
Total expenses
$391,490
Net increase / (decrease)
$1,664,611

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Firstrust, LLCINVESTMENT AD VISOR$53,891not reported in the loaded dataset2023
Richard Blum And AssociatesTHIRD PARTY ADMINISTRATOR$2,709not reported in the loaded dataset2023

Related Form 5500 pages