Plan5500

Mass Precision 401(K) Plan — Form 5500 plan (Mass Precision, 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, Mass Precision 401(K) Plan is a benefit plan reported by Mass Precision, Inc. under EIN 77-0034627 and plan number 003. The latest loaded filing year is 2023. The filing reports 480 participants and $20,436,290 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mass Precision, Inc.
EIN
77-0034627
Plan number
003
Plan type
2
Location
San Jose, CA
Latest filing year
2023
Participants
480
End-of-year plan assets
$20,436,290

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023480H, C20241015171910NAL0015160947001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$20,436,290
Total liabilities (EOY)
$3,400
Net assets (EOY)
$20,432,890
Net assets (BOY)
$17,625,625

Income & contributions

Employer contributions
$82,645
Participant contributions
$1,355,308
Total contributions
$1,472,135
Total income / additions
$3,757,401

Expenses & distributions

Benefits paid
$852,855
Administrative expenses
$33,617
Total expenses
$950,136
Net increase / (decrease)
$2,807,265

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners LLCINVESTMENT ADVISOR$55,867not reported in the loaded dataset2023
Empower Advisory Group LLCINVESTMENT MGMT$21,444not reported in the loaded dataset2023
Primark BenefitsTHIRD PARTY ADMIN$11,440not reported in the loaded dataset2023

Related Form 5500 pages