Plan Ledger DOL Form 5500 · updated monthly

Precision Technologies Corp401(k)

PRECISION TECHNOLOGIES CORP 401K PLAN · MONMOUTH JUNCTION, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

Precision Technologies Corp reported $1,233 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% 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 2 years on file its reported administrative ratio rose from 0.03% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,104th of 2,419), and 10,743rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,409,039
Participants with balances235
Active participants94
Employer contributions—
Employee contributions$310,473
Employer contribution per active participant—
Average account balance$10,251
Benefits paid to participants$129,089
Plan auditUnmodified (clean) audit opinion
AuditorYUSUFALI & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 235 accts
2023$1.9M · 200 accts
2022$1.4M · 167 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$881
Investment management$352
Total administrative$1,233
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
ADP, INC. · Loan processing · Recordkeeping$1,233
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,233 · 0.06%
2023$697 · 0.04%
2022$425 · 0.03%
Similar plansProfessional & Technical Services · New Jersey
Lenfam Management Company NJ$2.6M · 0.47%
Smart Ims NJ$2.5M · 0.46%
Devon Rex Vets PC NJ$2.4M · 0.42%
IT America NJ$2.3M · 0.51%
Access Healthcare LLC NJ$2.2M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273425282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.