Plan Snapshot
- Plan Sponsor: Precision Castparts Corp.
- Sponsor EIN: 930460598
- Sponsor Address: 5885 MEADOWS ROAD, LAKE OSWEGO, OR, 97035
- Plan Type: 401(k)
- Total Participants: 17,695
- Total Assets: $2.5B
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 | 17,695 | $2.5B | $60.1M | $103.8M |
| 2023 | 17,047 | $2.2B | $52.6M | $93.8M |
| 2022 | 16,687 | $1.9B | $44.2M | $82.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $873,953 | — | $873,953 |
| MULTNOMAH GROUP | INVESTMENT ADVISOR | $105,000 | — | $105,000 |
| BAKER TILLY US, LLP | ACCOUNTANT/AUDITOR | $55,125 | — | $55,125 |
| STOEL RIVES | ATTORNEY/LEGAL | $44,850 | — | $44,850 |
| GRAPHIC INFORMATION SYSTEMS, INC. | OTHER SERVICES | $18,623 | — | $18,623 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MULTNOMAH GROUP — INVESTMENT ADVISOR
- STOEL RIVES — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,097,551
- Estimated Expense Ratio: 0.044% 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 |
|---|---|---|---|---|---|
| 2024 | $1,150,312 | — | $10,200 | $55,125 | — |
| 2023 | $1,199,231 | — | $9,000 | $52,000 | — |
| 2022 | $1,264,655 | — | — | — | — |