Plan Ledger DOL Form 5500 · updated monthly

Precision Wire Products Inc.401(k)

PRECISION WIRE PRODUCTS INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN AND TRUST · COMMERCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Precision Wire Products Inc. reported $41,701 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $226 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 12 years on file its reported administrative ratio rose from 0.10% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,776th of 9,483), and 9,295th of 13,661 in manufacturing. In 2024, employees put in $7.08 for every $1.00 the employer contributed; active participation has grown from 149 to 329 since 2012.

Plan summary
Net assets, end of year$8,861,343
Participants with balances169
Active participants329
Employer contributions$74,410
Employee contributions$526,527
Employer contribution per active participant$226
Average account balance$52,434
Benefits paid to participants$556,612
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS HORSFALL MURPHY & PINDROH LLP
Plan history11
Yearassets · accounts · employer contribution
2024$8.9M · 169 accts · $74K emplr
2023$8.0M · 176 accts · $81K emplr
2022$6.8M · 188 accts · $78K emplr
2019$6.8M · 201 accts · $69K emplr
2018$5.8M · 160 accts · $63K emplr
2017$5.7M · 157 accts · $54K emplr
2016$5.2M · 161 accts · $56K emplr
2015$4.9M · 153 accts · $48K emplr
2014$4.9M · 156 accts · $46K emplr
2013$4.8M · 151 accts · $44K emplr
2012$4.4M · 152 accts · $41K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,701
Total administrative$41,701
The Precision Wire Products Inc. 401(k) match · 2024
Employer contribution per active participant$226
Median for plans this size$1,313
2024$226 per active participant
2023$260 per active participant
2022$270 per active participant
2019$348 per active participant
2018$399 per active participant

Precision Wire Products Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
ASCENSUS HOLDINGS INC · Contract administrator$3,975
EMPOWER ADVISORY GROUP · Investment management$2,639
OAKWOOD CAIPTAL SECURITIES INC.indirect comp

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

Administrative cost history11
2024$41,701 · 0.50%
2023$32,873 · 0.44%
2022$30,199 · 0.43%
2019$9,878 · 0.16%
2018$3,393 · 0.06%
2017$3,269 · 0.06%
2016$3,226 · 0.06%
2015$4,571 · 0.09%
2014$4,262 · 0.09%
2013$4,068 · 0.09%
2012$4,476 · 0.10%
Similar plansManufacturing · California
Rocket Ems, Inc. CA$8.9M · 0.02%
Lambda, Inc. CA$8.9M · 0.03%
Neato Robotics, Inc. CA$8.8M · 0.26%
Bentek Corporation CA$8.8M · 0.05%
The Winsford Company, LLC CA$8.8M · 0.49%
Silvus Technologies, Inc. CA$8.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952594778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.