Plan Snapshot
- Plan Sponsor: Precision Concepts International LLC
- Sponsor EIN: 453953266
- Sponsor Address: 16810 KENTON DRIVE, HUNTERSILLE, NC, 28078
- Plan Type: 401(k)
- Total Participants: 311
- Total Assets: $17.0M
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 | 311 | $17.0M | $629,725 | $1.1M |
| 2023 | 272 | $16.7M | $670,404 | $1.2M |
| 2022 | 340 | $15.1M | $704,043 | $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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $20,365 | — | $20,365 |
| PCA INVESTMENT ADVISORY SERVICES | ADVISOR | $14,995 | — | $14,995 |
| GREERWALKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PCA INVESTMENT ADVISORY SERVICES — ADVISOR
- GREERWALKER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,360
- Estimated Expense Ratio: 0.208% 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 | $35,360 | $14,995 | — | — | — |
| 2023 | $40,963 | $14,988 | — | — | — |
| 2022 | $41,908 | — | — | — | — |