Plan Ledger DOL Form 5500 · updated monthly

Precision Products Machining Group, LLC401(k)

PRECISION PRODUCTS MACHINING GROUP, LLC PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Precision Products Machining Group, LLC reported $52,370 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,213 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,903rd-largest of 5,688 plans among Texas employers on file, and the 5,591st of 13,661 in manufacturing. In 2024, employees put in $3.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,862,249
Participants with balances220
Active participants285
Employer contributions$345,802
Employee contributions$1,152,577
Employer contribution per active participant$1,213
Average account balance$99,374
Benefits paid to participants$3,293,633
Plan auditUnmodified (clean) audit opinion
AuditorABIP, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,663
Investment management$22,707
Total administrative$52,370
The Precision Products Machining Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,213
Median for plans this size$2,416

Precision Products Machining Group, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,663
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$15,809
MERRILL LYNCH · Investment advisory (participants)$6,898

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

Administrative cost history1
2024$52,370 · 0.24%
Similar plansManufacturing · Texas
Gagemaker, LP TX$22.4M · 0.29%
Caviness Beef Packers LTD TX$22.0M · 0.02%
Tenstorrent USA, Inc. TX$21.9M · 0.43%
Modern Method Gunite, Inc. TX$21.9M · 0.34%
Jsw Steel USA Inc TX$21.9M · 0.66%
Generon Igs, Inc. TX$21.8M · 0.35%
Lion Elastomers LLC Union TX$21.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 994001694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.