Plan Snapshot
- Plan Sponsor: Precision Resources, INC.
- Sponsor EIN: 593159286
- Sponsor Address: 3975 E. RAILROAD AVENUE, COCOA, FL, 32926
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $12.2M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 165 | $12.2M | $480,093 | $874,803 |
| 2023 | 143 | $11.6M | $399,206 | $752,528 |
| 2022 | 138 | $9.9M | $362,061 | $659,784 |
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 |
|---|---|---|---|---|
| BERMAN, HOPKINS CPA'S & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERMAN, HOPKINS CPA'S & ASSOCIATES — 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 | $71,200 | — | — | — | — |
| 2023 | $60,762 | — | — | — | — |
| 2022 | $68,437 | $56,257 | — | — | $7,355 |