# Primetech International, INC. 401(k) Plan
Source: https://planprovider.pro/companies/primetech-international-inc-401k-plan-001

> Primetech International, INC.'s 401(k) plan: 527 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Primetech International, INC.

- **Sponsor EIN:** 208758498

- **Sponsor Address:** 1329 SWIFT AVE, NORTH KANSAS CITY, MO, 64116

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

- **Total Participants:** 527

- **Total Assets:** $5.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|527|$5.9M|$1.1M|$573,532|

| 2023|203|$4.3M|$471,524|$489,786|

| 2022|345|$3.3M|$441,147|$489,764|

## 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|

| ERICKSON DEMEL & ASSOCIATES, PLLC|Auditor|$4,500|—|$4,500|

### Verified Provider Profiles

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

- [ERICKSON DEMEL & ASSOCIATES, PLLC](https://planprovider.pro/provider/erickson-demel-and-associates-pllc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $4,500

- **Estimated Expense Ratio:** 0.077% 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|$4,500|—|—|$4,500|—|

| 2023|$4,000|—|—|$4,000|—|

| 2022|$4,000|—|—|—|$4,000|

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