Patterson Precision Manufacturing, Inc. 401(K) Plan — Form 5500 plan (Patterson Precision Manufacturing, 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, Patterson Precision Manufacturing, Inc. 401(K) Plan is a benefit plan reported by Patterson Precision Manufacturing, Inc. under EIN 82-1645371 and plan number 001. The latest loaded filing year is 2023. The filing reports 15 participants and $1,296,177 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.3MPlan net assets, end of year$1,296,177
Participants15Covered participants reported
Assets / participant$86.4KComputed: assets ÷ participants$86,412 (computed)
Provider compensationNone reported
Plan sponsor
Patterson Precision Manufacturing, Inc.
EIN
82-1645371
Plan number
001
Plan type
2
Location
Norton Shores, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202315I20241015162403NAL0030330033001
Schedule I · 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)$1.3M total assets
Net assets$1.3MLiabilities
Money in vs. money out
Total income / additions$407.7K
Total expenses$38.4K
Benefits paid / distributions$32.9K
Contributions
Employer$33.1K
Participant$94.7K
Full reported line items

Net assets

Total assets (EOY)
$1,296,177
Net assets (EOY)
$1,296,177
Net assets (BOY)
$926,835

Income & contributions

Employer contributions
$33,127
Participant contributions
$94,670
Total income / additions
$407,746

Expenses & distributions

Benefits paid
$32,925
Administrative expenses
$0
Total expenses
$38,404
Net increase / (decrease)
$369,342
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.

Contribution share (employer vs. participant)
Employer 26%Participant 74%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income8%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages