Plan Ledger DOL Form 5500 · updated monthly

Precision Metal Industries, Inc.ESOP

PRECISION METAL INDUSTRIES, INC. ESOP 2012 · POMPANO BEACH, FL · plan year 2022

Plan assets · 2022
$17.1M

Precision Metal Industries, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $17,125,720 across 130 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,251st-largest of 3,644 plans among Florida employers on file, and the 6,538th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$17,125,720
Participants with balances130
Active participants80
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$131,736
Benefits paid to participants$3,339,808
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS,GRAY AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 125 accts
2023$14.7M · 132 accts
2022$17.1M · 130 accts
Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansManufacturing · Florida
Emi Industries LLC FL$17.9M · 0.33%
Avidyne Corporation FL$17.2M · 0.04%
Mwi Corporation FL$17.0M · 0.39%
Rex Lumber, LLC FL$16.7M · 0.76%
Tervis Tumbler Company FL$16.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650682405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.