# Niles Precision Company 401(k) Plan
Source: https://planprovider.pro/companies/niles-precision-company-401k-plan

> Niles Precision Company&#39;s 401(k) plan: 145 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Niles Precision Company

- **Sponsor EIN:** 381351498

- **Sponsor Address:** 1308 FORT STREET, NILES, MI, 49120

- **Plan Type:** 401(k)

- **Total Participants:** 145

- **Total Assets:** $23.3M

## 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.|

| 2024|145|$23.3M|$391,931|$630,215|

| 2023|140|$21.0M|$90,621|$572,947|

| 2022|147|$19.4M|$395,229|$576,295|

## 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|

| RSM US LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [RSM US LLP](https://planprovider.pro/provider/rsm-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|

| 2024|$79,739|$50,957|—|—|—|

| 2023|$75,390|$49,789|—|—|—|

| 2022|$76,863|$42,668|$34,195|—|—|

## Similar Plans

- [Thi, INC.](https://planprovider.pro/companies/thi-inc-401k-plan) — 138 participants

- [Granco Clark, INC.](https://planprovider.pro/companies/granco-clark-inc-plan-003) — 128 participants

- [Oleco, INC.](https://planprovider.pro/companies/oleco-inc-401k-plan-003) — 169 participants

- [Ameriti Manufacturing Company](https://planprovider.pro/companies/ameriti-manufacturing-company-plan-003-0626) — 121 participants

- [Plasan North America, INC.](https://planprovider.pro/companies/plasan-north-america-inc-401k-plan) — 120 participants

- [Granco Clark, INC.](https://planprovider.pro/companies/granco-clark-inc-401k-plan) — 116 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/niles-precision-company-401k-plan)

&copy; 2026 PlanProvider.Pro
