401(k) · DOL Form 5500 · 2022

Preferred Plastics, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
135
Participants Small participant base
66th
Percentile by assets National rank
$77,430
Avg per participant Below avg balance/head
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Official DOL plan name: Preferred Plastics Inc. 401(k) Plan · Sponsored by Preferred Plastics, Inc. · Michigan · Manufacturing

$10M in assets, 135 participants

Preferred Plastics, Inc.'s Preferred Plastics Inc. 401(k) Plan reported $10M in total assets and 135 participants in its 2022 DOL Form 5500 filing, ranking in the 66th 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.

  • #10,993 in Manufacturing (20,602 peers)

Coverage in Michigan

Preferred Plastics Inc. 401(k) Plan covers 135 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $10M.

#10,993
in Manufacturing (20,602 peers)
-26.4%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Preferred Plastics Inc. 401(k) Plan vs every filed plan by assets

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

$10,453,019 Top 34% higher than 66% 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 Plastics Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Preferred Plastics Inc. 401(k) Plan sits mid-pack in the medium band (135 participants).

DOL schedule card

Filing strip 383127377 · Preferred Plastics, Inc. PY 2022 · 401(k)

Preferred Plastics Inc. 401(k) Plan · $10M · 135 · 66th

  • SCH $10M
  • SCH 135
  • SCH 66th
  • SCH 401(k)
  • SCH near Bud Clary Automotive Group 401(k) Plan
  • SCH ind #10993

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 Plastics Inc. 401(k) Plan in the asset neighbourhood

Preferred Plastics Inc. 401(k) PlanPreferred Plastics Inc. 401(…$10MBud Clary Automotive Group 401(k) PlanBud Clary Automotive Group 4…$10MStchealth, LLC 401(k) Profit Sharing PlanStchealth, LLC 401(k) Profit…$10MLimco-Piedmont, Inc. 401(k) Retirement PlanLimco-Piedmont, Inc. 401(k) …$10MAcute Care Health System 401(k) P/S PlanAcute Care Health System 401…$10M
End-of-year total assets ($M) among Preferred Plastics Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$10M
Net Income-$4M
Employer EIN383127377
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Preferred Plastics, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$10M 5.515066986867621% vs 2022
2023 filing year
$9.8M$10M$10.2M$10.4M$10.6M 20222023 $10.5M $9.88M ▼ -5.5%
Year Plans Participants Total Assets
2022 1 135 $10M
2023 1 101 $10M

Nearby 401(k) Plans in Michigan

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

Preferred Plastics Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Preferred Plastics Inc. 401(k) Plan, Total assets ($B): 0.010453019 · Participants: 135Preferred Plastics Inc. 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 Plastics Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Preferred Plastics Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Bud Clary Automotive Group 401(k) Plan in WA ($10M); by covered participants it is Concordia Life Care Community 403(b) Plan in OK (135 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (135 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 Plastics Inc. 401(k) Plan assets move in 2022? ▼
Preferred Plastics Inc. 401(k) Plan declined sharply - down 26.4% during 2022, from $14M to $10M. Reported net income was -$4M.
How have Preferred Plastics, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Preferred Plastics, Inc.'s sponsor-wide assets declined 5.5%, from $10M to $10M.
Which 401(k) plans are similar in size to Preferred Plastics Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bud Clary Automotive Group 401(k) Plan in WA ($10M, 382 participants).
Which 401(k) plans cover a similar participant headcount to Preferred Plastics Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Concordia Life Care Community 403(b) Plan in OK (135 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 383127377.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.