Plan Snapshot
- Plan Sponsor: Precision Heliparts, INC.
- Sponsor EIN: 582117624
- Sponsor Address: 495 LAKE MIRROR RD STE. 800, ATLANTA, GA, 303496058
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $17.9M
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 | 223 | $17.9M | $150,823 | $1.0M |
| 2023 | 205 | $15.0M | $137,477 | $890,599 |
| 2022 | 180 | $12.7M | $119,461 | $834,006 |
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 |
|---|---|---|---|---|
| FIFTH THIRD BANK | INVESTMENT ADVISOR | $18,991 | — | $18,991 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $15,334 | — | $15,334 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $11,528 | — | $11,528 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,853
- Estimated Expense Ratio: 0.257% 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 | $45,853 | $30,519 | — | — | — |
| 2023 | $29,549 | $13,142 | — | — | — |
| 2022 | $55,164 | — | $55,164 | — | — |