Plan Snapshot
- Plan Sponsor: Precision Fabrics Group, INC.
- Sponsor EIN: 561595882
- Sponsor Address: 333 N GREENE ST STE 100, GREENSBORO, NC, 274012142
- Plan Type: 401(k)
- Total Participants: 475
- Total Assets: $37.7M
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 | 475 | $37.7M | $705,579 | $1.7M |
| 2023 | 456 | $37.4M | $706,171 | $1.7M |
| 2022 | 513 | $33.3M | $697,481 | $1.7M |
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 |
|---|---|---|---|---|
| PBMARES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES 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 | $157,184 | $55,229 | $101,955 | — | — |
| 2023 | $149,795 | $49,009 | $100,786 | — | — |
| 2022 | $148,818 | $23,009 | $98,720 | — | $27,089 |