# Precision Materials, LLC Health & Welfare Plan
Source: https://planprovider.pro/companies/precision-materials-llc-264217506-501

> Precision Materials, LLC's Health & Welfare plan: 74 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Precision Materials, LLC

- **Sponsor EIN:** 264217506

- **Sponsor Address:** 6246 NC HIGHWAY 16 SOUTH, TAYLORSVILLE, NC, 28681

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 74

- **Total Assets:** $170,345

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|74|$170,345|$0|$0|

| 2024|81|$144,116|$671,594|$17,783|

| 2023|70|$46,133|$696,653|$17,793|

| 2022|79|$125,697|$628,268|$5,716|

## 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|

| THE BENECON GROUP|Investment Advisor|$45,865|—|$45,865|

| ACENTRIA INSURANCE|Other Service Provider|$25,578|—|$25,578|

| MERITAIN HEALTH, AN AETNA COMPANY|Other Service Provider|$9,965|—|$9,965|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $81,408

- **Estimated Expense Ratio:** 47.790% 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|

| 2025|$770,376|—|—|—|—|

| 2024|$598,396|—|—|—|—|

| 2023|$579,850|—|—|—|—|

| 2022|$616,059|—|—|—|—|

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