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

Prince Industries, Inc. 401(k) Profit Sharing Plan

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

Sponsored by Prince Industries, Inc. · Illinois · Manufacturing

What the 2023 filing shows

Prince Industries, Inc. 401(k) Profit Sharing Plan holds $10M for 146 participants — about $70,567 per participant, down 13.7% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
146
covered participants
$70,567
avg assets per participant
-13.7%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
146
State
Industry
Manufacturing

What the Filing Says About Prince Industries, Inc. 401(k) Profit Sharing Plan

Prince Industries, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Prince Industries, Inc., headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 146 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 362875547, and the plan has been effective since 1987-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $10M at year-end — a decline of 13.7%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-1,633,324 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)$12M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-1,633,324
Plan Type401(k)
Employer EIN362875547
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Prince Industries, Inc.)

Year Plans Participants Total Assets
2022 1 146 $10M
2023 1 160 $12M
2024 1 175 $20M

Nearby 401(k) Plans in Illinois

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Frequently Asked Questions

How much money is in the Prince Industries, Inc. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Prince Industries, Inc. 401(k) Profit Sharing Plan holds $10M in total assets with 146 participants. It is sponsored by Prince Industries, Inc..
What type of plan is Prince Industries, Inc. 401(k) Profit Sharing Plan?
Prince Industries, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1987-01-01. The plan is filed with the U.S. Department of Labor under EIN 362875547.
Who sponsors the Prince Industries, Inc. 401(k) Profit Sharing Plan?
Prince Industries, Inc. 401(k) Profit Sharing Plan is sponsored by Prince Industries, Inc., located in Illinois. The sponsor's EIN is 362875547 and the plan operates in the Manufacturing industry.
How did Prince Industries, Inc. 401(k) Profit Sharing Plan perform in 2022?
Prince Industries, Inc. 401(k) Profit Sharing Plan declined by 13.7% during 2022, moving from $12M to $10M in total assets. Net income was $-1,633,324.
Where can I find official filings for Prince Industries, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Prince Industries, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362875547 or plan name at efast.dol.gov.
How does Prince Industries, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Prince Industries, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 362875547.

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