401(k) · DOL Form 5500 · 2022

Preferred Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
31
Participants Small participant base
49th
Percentile by assets National rank
$146,857
Avg per participant Above avg balance/head
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Official DOL plan name: Preferred Industries, Inc. Employees' 401(k) Plan · Sponsored by Preferred Industries, Inc. · Michigan · Manufacturing

$5M in assets, 31 participants

Preferred Industries, Inc.'s Preferred Industries, Inc. Employees' 401(k) Plan reported $5M in total assets and 31 participants in its 2022 DOL Form 5500 filing, ranking in the 49th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,625 in Manufacturing (20,602 peers)

Preferred Industries, Inc. multi-year trail

Preferred Industries, Inc.'s plans moved +25.0% in assets from 2022 to 2024; this filing shows Preferred Industries, Inc. Employees' 401(k) Plan at $5M / 31 participants.

#6,625
in Manufacturing (20,602 peers)
-12.8%
assets change YoY

The plan reported a net loss of $669K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Preferred Industries, Inc. Employees' 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Preferred Industries, Inc. Employees' 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,552,574 49th percentile higher than 49% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Preferred Industries, Inc. Employees' 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Preferred Industries, Inc. Employees' 401(k) Plan is a small filing (31 participants) on this national headcount ladder.

DOL schedule card

Filing strip 382153788 · Preferred Industries, Inc. PY 2022 · 401(k)

Preferred Industries, Inc. Employees' 401(k) Plan · $5M · 31 · 49th

  • SCH $5M
  • EBSA 31
  • PART 49th
  • TYPE 401(k)
  • NET near Calcutta Health Care Center 401(k) Retirement Plan
  • BOOK ind #6625

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Michigan →

Preferred Industries, Inc. Employees' 401(k) Plan in the asset neighbourhood

Preferred Industries, Inc. Employees' 401(k) PlanPreferred Industries, Inc. E…$5MCalcutta Health Care Center 401(k) Retirement PlanCalcutta Health Care Center …$5MColerain Animal Clinic 401(k) Plan & TrustColerain Animal Clinic 401(k…$5MCenter for Dental Health, Inc. 401(k) PlanCenter for Dental Health, In…$5MThe Portfolio Strategy Group, LLC Profit Sharing PlanThe Portfolio Strategy Group…$5M
End-of-year total assets ($M) among Preferred Industries, Inc. Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Preferred Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Preferred Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 24.97824307743268% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $4.55M $5.69M ▲ +25.1%
Year Plans Participants Total Assets
2022 1 31 $5M
2023 1 29 $5M
2024 1 33 $6M

Preferred Industries, Inc. filing trail (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$669K
Employer EIN382153788
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Preferred Industries, Inc. Employees' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Preferred Industries, Inc. Employees' 401(k) Plan, Total assets ($B): 0.004552574 · Participants: 31Preferred Industries, Inc. Employees' 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Preferred Industries, Inc. Employees' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Preferred Industries, Inc. Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Calcutta Health Care Center 401(k) Retirement Plan in OH ($5M); by covered participants it is Doty Pruett Wilson, PC 401(k) Profit Sharing Plan in OR (31 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (31 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Preferred Industries, Inc. Employees' 401(k) Plan assets move in 2022?
Preferred Industries, Inc. Employees' 401(k) Plan pulled back noticeably - down 12.8% during 2022, from $5M to $5M. Reported net income was -$669K.
How have Preferred Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Preferred Industries, Inc.'s sponsor-wide assets grew 25.0%, from $5M to $6M.
Which 401(k) plans are similar in size to Preferred Industries, Inc. Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Calcutta Health Care Center 401(k) Retirement Plan in OH ($5M, 391 participants).
Which 401(k) plans cover a similar participant headcount to Preferred Industries, Inc. Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Doty Pruett Wilson, PC 401(k) Profit Sharing Plan in OR (31 participants, $2M in assets).