Preco Inc. Profit Sharing/401(K) Savings Plan — Form 5500 plan (Preco, LLC)
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, Preco Inc. Profit Sharing/401(K) Savings Plan is a benefit plan reported by Preco, LLC under EIN 87-3882552 and plan number 001. The latest loaded filing year is 2023. The filing reports 273 participants and $37,068,479 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Preco, LLC
- EIN
- 87-3882552
- Plan number
- 001
- Plan type
- 2
- Location
- Lenexa, KS
- Latest filing year
- 2023
- Participants
- 273
- End-of-year plan assets
- $37,068,479
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 273 | H, C | 20241015184719NAL0015274099001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,068,479
- Total liabilities (EOY)
- $2,715
- Net assets (EOY)
- $37,065,764
- Net assets (BOY)
- $33,645,657
Income & contributions
- Employer contributions
- $427,355
- Participant contributions
- $1,320,198
- Total contributions
- $1,797,433
- Total income / additions
- $7,374,124
Expenses & distributions
- Benefits paid
- $3,855,764
- Administrative expenses
- $98,253
- Total expenses
- $3,954,017
- Net increase / (decrease)
- $3,420,107
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insusrance Company | CONTRACT ADMINISTRATOR | $75,831 | $0 | 2023 |
| Ascensus | CONTRACT ADMINISTRATOR | $23,381 | $12,561 | 2023 |
| Newsquare Capital, LLC | INVESTMENT ADVISORY | $0 | $34,324 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Preco, LLC
- 2023 Form 5500 filing
- Form 5500 filings in KS
- 401(k) and benefit plan filings in Lenexa, KS
- Principal Life Insusrance Company — Schedule C compensation
- Ascensus — Schedule C compensation
- Newsquare Capital, LLC — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation