Profit Sharing · DOL Form 5500 · 2022

Precipart Corporation Profit Sharing Plan

Data updated 2026-08-11

$32M
Total assets
243
Participants
84th
Percentile by assets
$131,328
Avg per participant
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Official DOL plan name: Precipart 401(k) Profit Sharing Plan · Sponsored by Precipart Corporation · New York · Manufacturing

$32M in assets, 243 participants

Precipart Corporation's Precipart 401(k) Profit Sharing Plan reported $32M in total assets and 243 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 139,126 plans)
  • #15,759 in Manufacturing (20,602 peers)

Coverage in New York

Precipart 401(k) Profit Sharing Plan covers 243 participants in New York, about 30% of the average New York filer (state average ~798 per filing). Assets: $32M.

$32M
total plan assets (2022 EOY)
243
covered participants
84th
percentile by assets (of 139,126 plans)
$131,328
avg assets per participant
State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Precipart 401(k) Profit Sharing Plan reports 243 participants - about 30% of that state average ($32M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$32M
Net Income$142K
Employer EIN112501170
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precipart Corporation)

$30M$32M$34M$36M 202220232024 $31.9M $35.2M ▲ +10.3%
Total plan assets by year, all Precipart Corporation plans on file
Year Plans Participants Total Assets
2022 1 243 $32M
2023 1 248 $31M
2024 1 243 $35M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Precipart 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Precipart 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Precipart 401(k) Pro…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Precipart 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Precipart 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Precipart 401(k) Profit Sharing Plan assets move in 2022?
Precipart 401(k) Profit Sharing Plan held essentially flat - up 0.2% during 2022, from $32M to $32M. Reported net income was $142K.
How have Precipart Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Precipart Corporation's sponsor-wide assets grew 10.3%, from $32M to $35M.
Where does Precipart 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Precipart 401(k) Profit Sharing Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Precipart 401(k) Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Luhr Crosby, LLC Employees Profit Sharing Plan and Trust in IL ($32M, 191 participants).

Next read for Precipart 401(k) Profit Sharing Plan

Filing takeaways

Ways to act on Precipart 401(k) Profit Sharing Plan's numbers.

  • By total assets, Precipart 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Precipart Corporation's sponsor-wide assets have grown 10.3% since 2022 across 3 plan years on file. More Manufacturing plans