Precision Ndt, LLC401(k)
PRECISION NDT 401(K) RETIREMENT PLAN · HOBBS, NM · plan year 2023
Precision Ndt, LLC reported $19,803 in plan administrative expenses for 2023: 1.40% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio fell from 1.83% to 1.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Mexico (246th of 290), and 10,970th of 11,654 in professional & technical services.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 352474581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.