Plan Snapshot
- Plan Sponsor: J & E Precision Tool, LLC
- Sponsor EIN: 042869823
- Sponsor Address: 107 VALLEY ROAD, SOUTHAMPTON, MA, 01073
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 232
- Total Assets: $14.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 232 | $14.8M | $0 | $0 |
| 2024 | 176 | $12.8M | $526,657 | $1.2M |
| 2023 | 189 | $12.3M | $475,538 | $1.1M |
| 2022 | 194 | $11.3M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | Other Service Provider | — | $60,113 | $60,113 |
| ARES RETIREMENT PLAN SERVICES, LLC | Recordkeeper | — | $6,417 | $6,417 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,530
- Estimated Expense Ratio: 0.449% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $1,475,976 | — | $69,212 | — | — |
| 2024 | $60,554 | — | $60,554 | — | — |
| 2023 | $45,349 | — | $45,349 | — | — |
| 2022 | $855,652 | — | $27,366 | — | — |