Precise Systems, Inc. 401(k) Review & Grade
Precise Systems, Inc. 401(k) Plan
Lexington Park, MDProfessional, Scientific & Technical Services1,089 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,936Employer $ per active participant
$8,407Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$98.2MNet plan assets, end of year
$61,702Average balance per account
Score breakdown
- Employer generosity31.7 / 5063th percentile for employer $ per participant
- Low cost9.9 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving6.7 / 1545th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 40th |
| Employee saving | 45th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $8,298 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Precise Systems put in about $3,936 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,286,292 |
| Participant (employee) contributions | $9,154,739 |
| Other contributions (incl. rollovers in) | $9,049,088 |
| Administrative expenses paid from the plan | $239,204 |
| Investment advisory & management fees | $21,619 |
| Other admin expenses | $109,150 |
| Benefits paid out | $12,277,619 |
| Net assets, start / end of year | $57.1M / $98.2M |
| Active participants, start / end of year | 866 / 1,312 |
| Participants with account balances | 1,591 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Warren Averett, LLC |
Largest service providers (Schedule C)
| Morgan Stanley Smith Barney LLC | $109,150 reported compensation |
| Fidelity Investments Institutional | $108,986 reported compensation |
| Strategic Advisors, Inc. | $21,619 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015103905NAL0002258019001, received 2025-10-15, EIN 52-1686191, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.