Plan Ledger DOL Form 5500 · updated monthly

Precision Service Group Inc401(k)

PRECISION SERVICE GROUP INC · FERNDALE, MI · plan year 2022

Reported admin expense ratio · 2022
6.45%

Precision Service Group Inc reported $771 in plan administrative expenses for 2022: 6.45% 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (2,616th of 2,619), and 2,519th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$19,854
Participants with balances184
Active participants217
Employer contributions—
Employee contributions$18,153
Employer contribution per active participant—
Average account balance$108
Benefits paid to participants$366
Plan auditUnmodified (clean) audit opinion
AuditorDCG ASSURANCE LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$20K · 184 accts
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$771 · 6.45%
Similar plansAdministrative & Support Services · Michigan
Energy Group, Inc. MI$113K · 0.70%
Axxella Staffing MD$23K · 1.28%
Intrepid Personnel LLC CA$21K · 0.03%
Work Now LLC IL$20K · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811223435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.