Plan Snapshot
- Plan Sponsor: Precision Walls, INC.
- Sponsor EIN: 561171361
- Sponsor Address: 1230 NE MAYNARD ROAD, CARY, NC, 27513
- Plan Type: 401(k)
- Total Participants: 1,025
- Total Assets: $28.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,025 | $28.3M | $448,529 | $2.8M |
| 2023 | 1,019 | $24.1M | $411,121 | $2.3M |
| 2022 | 906 | $19.8M | $356,342 | $2.0M |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $95,074 | — | $95,074 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,074
- Estimated Expense Ratio: 0.336% 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 | $96,192 | $1,118 | $95,074 | — | — |
| 2023 | $72,674 | $961 | $71,713 | — | — |
| 2022 | $70,902 | $570 | $70,332 | — | — |