Plan Ledger DOL Form 5500 · updated monthly

Precision Countertops, Inc.401(k)

PRECISION COUNTERTOPS, INC PROFIT SHARING PLAN & TRUST · WILSONVILLE, OR · plan year 2024

Reported admin expense ratio · 2024
0.46%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Precision Countertops, Inc. reported $36,054 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,193 per active participant. 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 0.28% to 0.46%. 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 Oregon (609th of 1,021), and 9,482nd of 13,661 in manufacturing. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has shrunk from 266 to 194 since 2022.

Plan summary
Net assets, end of year$8,424,346
Participants with balances282
Active participants194
Employer contributions$231,481
Employee contributions$578,225
Employer contribution per active participant$1,193
Average account balance$29,874
Benefits paid to participants$591,188
Plan auditUnmodified (clean) audit opinion
AuditorISLER NORTHWEST LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 282 accts · $231K emplr
2023$7.2M · 315 accts · $219K emplr
2022$6.2M · 451 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,356
Investment management$17,698
Total administrative$36,054
The Precision Countertops, Inc. 401(k) match · 2024
Employer contribution per active participant$1,193
Median for plans this size$1,313
2024$1,193 per active participant
2023$1,045 per active participant
2022$475 per active participant

Precision Countertops, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$18,356
CAMBRIDGE INVESTMENT ADVISOR · Investment advisory (plan)$17,698

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,054 · 0.46%
2023$31,901 · 0.48%
2022$19,186 · 0.28%
Same employer
Similar plansManufacturing · Oregon
Richardson Sports Inc. OR$8.9M · 0.18%
C & D Lumber Co., LLC OR$8.9M · 0.38%
Microtec Inc OR$8.8M · 0.21%
Douglas County, Inc. OR$8.8M · 0.48%
Vips Industries Inc OR$8.1M · 0.55%
Darex, LLC OR$8.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930939572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.