Plan Ledger DOL Form 5500 · updated monthly

Precision Resource Inc401(k)

PRECISION RESOURCE 401K RETIREMENT SAVINGS PLAN · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Precision Resource Inc reported $80,322 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,860 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 fell from 0.17% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 267th-largest of 1,106 plans among Connecticut employers on file, and the 2,715th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,120,070
Participants with balances577
Active participants460
Employer contributions$1,315,704
Employee contributions$2,692,860
Employer contribution per active participant$2,860
Average account balance$107,660
Benefits paid to participants$6,906,367
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.1M · 577 accts · $1.3M emplr
2023$59.1M · 612 accts · $1.3M emplr
2022$53.8M · 587 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,322
Investment management$52,000
Total administrative$80,322
The Precision Resource Inc 401(k) match · 2024
Employer contribution per active participant$2,860
Median for plans this size$3,635
2024$2,860 per active participant
2023$2,611 per active participant
2022$2,838 per active participant

Precision Resource Inc's 2024 employer contribution ran below the $3,635 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
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$52,000

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

Administrative cost history3
2024$80,322 · 0.13%
2023$103,464 · 0.18%
2022$99,839 · 0.17%
Same employer
Similar plansManufacturing · Connecticut
Photronics, Inc. CT$70.0M · 0.07%
Winchester Interconnect CT$68.2M · 0.11%
Deringer-Ney Inc. CT$65.5M · 0.02%
Pcx Aerostructures, LLC CT$61.8M · 0.16%
Sunny Delight Beverages Co. CT$61.2M · 0.10%
Hanwha Aerospace USA LLC CT$55.1M · 0.17%
Doncasters, Inc. CT$54.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060855976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.