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

> Precision Walls, INC.'s 401(k) plan: 1,025 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|—|—|

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