Precision Metal Works 401(k) match, vesting and fees
What Precision Metal Works' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Lpl Financial | Schedule C ↗ |
| Independent auditor | Mather & Company Cpas LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Precision Metal Works: employer contribution per participant | $459 | |
| Peer median | $1,847 |
| Precision Metal Works: average balance | $25,555 | |
| Peer median | $65,512 |
| Precision Metal Works: admin expenses ÷ assets | 0.67% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $4.3M at the end of plan year 2023 to $4.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 180 | $4.1M | $73K | $459 | 0.67% | Not published | Form 5500 ↗ |
| 2023 | 208 | $4.3M | $84K | $441 | 0.61% | Not published | Form 5500 ↗ |
Common questions
Does Precision Metal Works match 401(k) contributions?
The match terms for the Precision Metal Works, Inc., Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $73K in employer contributions, about $459 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Precision Metal Works 401(k) match vested?
The vesting schedule for the Precision Metal Works, Inc., Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Precision Metal Works 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Lpl Financial. The plan administrator is Precision Metal Works, Inc..
I left Precision Metal Works. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Precision Metal Works, Inc., (502) 479-0809) or the recordkeeper, Lpl Financial. The Precision Metal Works old 401(k) page lists the contacts from every plan filing. Find an old Precision Metal Works 401(k)
Data from the public Form 5500 annual reports Precision Metal Works filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Precision Metal Works. Not financial advice. Report a correction · Methodology