Plan Snapshot
- Plan Sponsor: Precis Engineering, INC.
- Sponsor EIN: 202600116
- Sponsor Address: 201 S. MAPLE WAY, SUITE 200, AMBLER, PA, 19002
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $15.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 139 | $15.1M | $531,847 | $1.6M |
| 2023 | 121 | $13.0M | $461,824 | $1.4M |
| 2022 | 130 | $9.5M | $419,568 | $1.3M |
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 |
|---|---|---|---|---|
| KREISCHER MILLER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KREISCHER MILLER — 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 | $61,787 | $41,325 | — | — | — |
| 2023 | $56,180 | $40,683 | $15,109 | — | — |
| 2022 | $57,270 | $43,896 | $13,337 | — | — |