Plan Ledger DOL Form 5500 · updated monthly

Precision Walls, Inc.ESOP

PRECISION WALLS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Precision Walls, Inc. reported $74 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,079 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 1 year on file its reported administrative ratio fell from 0.000% to 0.000%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 157th-largest of 2,005 plans among North Carolina employers on file, and the 468th of 5,337 in construction. active participation has grown from 903 to 1,613 since 2022.

Plan summary
Net assets, end of year$140,600,197
Participants with balances1,755
Active participants1,613
Employer contributions$1,740,849
Employee contributions—
Employer contribution per active participant$1,079
Average account balance$80,114
Benefits paid to participants$366,446
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$140.6M · 1,755 accts · $1.7M emplr
2023$108.7M · 1,499 accts · $496K emplr
2022$32.1M · 1,150 accts · $337K emplr
Employer contributions to the Precision Walls, Inc. plan · 2024
Employer contribution per active participant$1,079
Median for plans this size$3,635
2024$1,079 per active participant
2023$385 per active participant
2022$373 per active participant

Precision Walls, Inc.'s 2024 employer contribution ran below the $3,635 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.

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$74 · 0.00%
2023$219 · 0.00%
2022Not separately reported
All plans at this employer2
PRECISION WALLS, INC. 401(K) PLAN401(k)
PRECISION WALLS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 561171361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.