Original filing (PDF)20251013085109NAL0000883553001

PRAB, INC.

Name: PRAB, INC. — PRAB, INC. SALARIED EMPLOYEES PROFIT SHARING PLAN, Form 5500 (2024)
Creator: PRAB, INC.

Form 5500

FILING_RECEIVED

PRAB, INC. SALARIED EMPLOYEES PROFIT SHARING PLAN

401(k) retirement plan

Signals · 1

No recordkeeper disclosed

Active participants

197

Accounts w/ balance

246

Plan assets (EOY)

$31.8M

Net assets (EOY)

$31.8M

How this plan invests

This plan

1 pooled trust

Schedule D

45 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

No recordkeeper disclosed on Schedule C.

Helping the score

No Schedule C compensation disclosed — likely a small plan or unbundled.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PRAB, INC..

Plan sponsor

Name

PRAB, INC.

EIN

38-1654849

Address

5944 EAST N AVENUE · P.O. BOX 2121 · KALAMAZOO, MI · 49048

Phone

(269) 382-8200

Industry

Manufacturingsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

004

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-13

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

2A · Age/service weighted or new comparability

Audit & trust (Schedule H)

Auditor

PLANTE & MORAN, PLLC

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

1 rows

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp
MICHIGAN BENEFIT CONSULTING, INC.	38-3220894	—	THIRD PARTY ADMINISTRATOR	$0	—

Investments

44 direct securities · 1 pooled fund· $60.7M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.

Uncategorized

$30.8M

44 holdings

Pooled Separate Account

$29.9M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
VOYA FINANCIAL SEPARATE ACCOUNT D VOYA LIFE INSURANCE AND ANNUITY COMPANY · EIN 71-0294708 / PN 000	Pooled Separate Account	—	—	$29.9M	94.0%
T. Rowe Price Growth Equity Port I	—	—	—	$3.2M	10.1%
Fidelity Contrafund K6	—	—	—	$2.7M	8.4%
Fidelity 500 Index Fund	—	—	—	$2.2M	6.8%
American Funds Growth Fund R6	—	—	—	$2.1M	6.5%
Eaton Vance-Atlanta Cap SMID-Cap F R	—	—	—	$1.8M	5.8%
Voya Index Solution 2035 Port Adv	—	—	—	$1.7M	5.5%
Baron Growth Fund R6	—	—	—	$1.6M	5.1%
Voya Retirement Insurance and Annuity Company American Funds Am Balanced R6	—	—	—	$1.5M	4.8%
Voya Index Solution 2055 Port Adv	—	—	—	$1.2M	3.9%
Voya Index Solution 2045 Port Adv	—	—	—	$1.2M	3.7%
MFS Fund Massachusetts Investors Growth Stck Fnd A	—	—	—	$1.1M	3.5%
Voya Index Solution 2025 Port Adv	—	—	—	$870K	2.7%
Legg Mason ClrBrg Sm Cp Growth Fnd R	—	—	—	$812K	2.6%
DFA Short-Duration Real Return Portfolio Instituti	—	—	—	$763K	2.4%
BNY Mellon MidCap Index I Fund	—	—	—	$568K	1.8%
JPMorgan Mid Cap Value Port I	—	—	—	$529K	1.7%
Invesco Global Fund Class R6	—	—	—	$521K	1.6%
Vanguard Windso II Fund Admiral	—	—	—	$511K	1.6%
DFA US Targeted Value I Fund	—	—	—	$481K	1.5%
Voya Fixed Account A	—	—	—	$480K	1.5%
Voya Index Solution Inc Port Adv	—	—	—	$439K	1.4%
PIMCO Income Fund R	—	—	—	$430K	1.4%
Voya Retirement Insurance and Annuity Company Voya Fixed Account	—	—	—	$421K	1.3%
Voya Index Solution 2030 Port Adv	—	—	—	$393K	1.2%
Victory Sycmr Sm Comp Opporty Fd R	—	—	—	$359K	1.1%
Columbia Management Diversified Eqty Inc Fnd K	—	—	—	$355K	1.1%
Voya Index Solution 2050 Port Adv	—	—	—	$326K	1.0%
Voya Intermediate Bond Port I	—	—	—	$321K	1.0%
Participants Participant notes receivable bearing interest at rates ranging from 4.25 to 9.75 percent -	—	—	—	$266K	0.8%
Vanguard Investments Money Market Funds	—	—	—	$208K	0.7%
Invesco Gold & Special Minerals Fund Class R6	—	—	—	$204K	0.6%
Voya Index Solution 2060 Port Adv	—	—	—	$180K	0.6%
MFS Intl Diversification Fund R2	—	—	—	$179K	0.6%
American Funds EuroPacific R6	—	—	—	$172K	0.5%
DFA International Small Company I Fund	—	—	—	$108K	0.3%
PIMCO Cmdty RI Rtn Strat Fnd R	—	—	—	$106K	0.3%
Neuberg Berman Real Estate Fund R3	—	—	—	$105K	0.3%
Voya Index Solution 2065 Port Adv	—	—	—	$89K	0.3%
American Funds New World Fund R-6	—	—	—	$85K	0.3%
Voya Govt Money Market Fund A	—	—	—	$29K	<0.1%
Voya GNMA Income Fund A	—	—	—	$9K	<0.1%
PIMCO VIT Real Return Portfolio Adm	—	—	—	$8K	<0.1%
Goldman Sachs Intl Sm Cp Insgt Fd A	—	—	—	$7K	<0.1%
MFS Fund Distributors Global Total Return Fnd R2	—	—	—	$1K	<0.1%