Plan Snapshot
- Plan Sponsor: Precise Systems, INC.
- Sponsor EIN: 521686191
- Sponsor Address: 22290 EXPLORATION DRIVE, LEXINGTON PARK, MD, 20653
- Plan Type: 401(k)
- Total Participants: 1,312
- Total Assets: $98.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,312 | $98.2M | $4.3M | $9.2M |
| 2023 | 866 | $57.1M | $2.5M | $6.5M |
| 2022 | 771 | $45.5M | $2.1M | $5.3M |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — 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 | $239,204 | $21,619 | — | — | — |
| 2023 | $64,257 | $13,813 | — | — | — |
| 2022 | $15,184 | $8,476 | — | — | — |