# Precision Resources, INC. 401(k) Plan
Source: https://planprovider.pro/companies/precision-resources-inc-plan

> Precision Resources, INC.'s 401(k) plan: 165 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/berman-hopkins-cpas-and-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|

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