Plan Snapshot
- Plan Sponsor: Precision Medical Technologies, INC
- Sponsor EIN: 351902827
- Sponsor Address: 2059 N. POUND DRIVE WEST, WARSAW, IN, 46582
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $5.0M
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 | 122 | $5.0M | $165,237 | $503,991 |
| 2023 | 192 | $4.7M | $197,987 | $548,240 |
| 2022 | 170 | $3.5M | $174,084 | $508,865 |
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 |
|---|---|---|---|---|
| KATZ, SAPPER & MILLER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KATZ, SAPPER & MILLER 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 | $5,009 | $697 | $4,312 | — | — |
| 2023 | $5,048 | $1,563 | — | — | — |
| 2022 | $6,113 | $1,279 | $4,834 | — | — |