# Preston Industries, INC 401(k) Plan
Source: https://planprovider.pro/companies/preston-industries-inc-401k-plan

> Preston Industries, INC's 401(k) plan: 137 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Preston Industries, INC

- **Sponsor EIN:** 362751864

- **Sponsor Address:** 6600 WEST TOUHY AVENUE, NILES, IL, 607144588

- **Plan Type:** 401(k)

- **Total Participants:** 137

- **Total Assets:** $10.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|137|$10.4M|$16,504|$538,591|

| 2023|143|$8.9M|$19,075|$586,470|

| 2022|141|$7.2M|$19,300|$554,742|

## 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|

| MILLER, COOPER & COMPANY, LLC.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MILLER, COOPER & COMPANY, LLC.](https://planprovider.pro/provider/miller-cooper-and-co-ltd) — 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|$4,293|—|$4,293|—|—|

| 2023|$5,666|—|$5,666|—|—|

| 2022|$3,294|—|$3,294|—|—|

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