401(k)
2022 plan-year 401(k) DOL Form 5500

D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

D P PREISS COMPANY INC

This 401(k) plan holds $9M in total assets and serves 299 participants as of 2022. It is sponsored by D P PREISS COMPANY INC in North Carolina. The plan reported a net loss of $283K for the year.

Total Assets (2023)
$9M
Participants
299
Industry
Real Estate

What the Filing Says About D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST

D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST is a 401(k) retirement plan sponsored by D P PREISS COMPANY INC, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 299 participants across the Real Estate industry. The sponsor's EIN on file with the U.S. Department of Labor is 561583525, and the plan has been effective since 2004-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $9M at year-end — a decline of 2.9%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-282,798 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-282,798
Plan Type401(k)
Employer EIN561583525
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (D P PREISS COMPANY INC)

Year Plans Participants Total Assets
2022 1 299 $9M
2023 1 300 $12M
2024 1 328 $15M

Nearby 401(k) Plans in North Carolina

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

Frequently Asked Questions

How much money is in the D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST?
As of the 2022 Form 5500 filing, D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST holds $9M in total assets with 299 participants. It is sponsored by D P PREISS COMPANY INC.
What type of plan is D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST?
D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST is a 401(k) plan. It has been effective since 2004-01-01. The plan is filed with the U.S. Department of Labor under EIN 561583525.
Who sponsors the D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST?
D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST is sponsored by D P PREISS COMPANY INC, located in North Carolina. The sponsor's EIN is 561583525 and the plan operates in the Real Estate industry.
How did D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST perform in 2022?
D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST declined by 2.9% during 2022, moving from $10M to $9M in total assets. Net income was $-282,798.
Where can I find official filings for D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST?
Official Form 5500 filings for D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561583525 or plan name at efast.dol.gov.
How does D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST compare to other plans?
You can compare D P PREISS COMPANY INC 401K PROFIT SHARING PLAN & TRUST against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 561583525.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.