Plan Ledger DOL Form 5500 · updated monthly

Precision Build Solutions, LLC401(k)

PRECISION BUILD SOLUTIONS, LLC PROFIT SHARING PLAN · GIBSONTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.56%

Precision Build Solutions, LLC reported $33,031 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.43% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,339th of 3,644), and 10,717th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$5,928,435
Participants with balances241
Active participants163
Employer contributions—
Employee contributions$460,406
Employer contribution per active participant—
Average account balance$24,599
Benefits paid to participants$979,284
Plan auditUnmodified (clean) audit opinion
AuditorRIVERO GORDIMOR AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 241 accts
2023$5.9M · 216 accts · $32K emplr
2022$5.2M · 208 accts · $31K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,031
Total administrative$33,031
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
EQUITABLE LIFE INSURANCE CO. · Recordkeeping · Trustee (directed)$33,031

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024EQUITABLE LIFE INSURANCE CO.
2023EQUITABLE LIFE INSURANCE CO.

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Administrative cost history3
2024$33,031 · 0.56%
2023$28,211 · 0.51%
2022$27,495 · 0.43%
Same employer
Similar plansManufacturing · Florida
Hear.com FL$6.2M · 0.98%
A & N Corporation FL$6.2M · 0.07%
Rybovich Boat Company LLC FL$5.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593283502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.