401(k) · DOL Form 5500 · 2022
Phillips Precision Inc 401(k) Plan
Data updated 2026-08-25
- $4M
- Total assets Small plan by assets
- 220
- Participants Below avg headcount
- 44th
- Percentile by assets National rank
- $16,633
- Avg per participant Low balance/head
Official DOL plan name: Phillips Precision Inc. 401(k) · Sponsored by Phillips Precision Inc · New Jersey · Manufacturing
$4M in assets, 220 participants
Phillips Precision Inc's Phillips Precision Inc. 401(k) reported $4M in total assets and 220 participants in its 2022 DOL Form 5500 filing, ranking in the 44th 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.
- #5,653 in Manufacturing (20,602 peers)
Coverage in New Jersey
Phillips Precision Inc. 401(k) covers 220 participants in New Jersey, about 26% of the average New Jersey filer (state average ~844 per filing). Assets: $4M.
- #5,653
- in Manufacturing (20,602 peers)
- -11.4%
- assets change YoY
The plan reported a net loss of $470K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Phillips Precision Inc. 401(k)'s mid-pack asset rank among Manufacturing and all filers
Phillips Precision Inc. 401(k) vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$3,659,153 44th percentile higher than 44% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Phillips Precision Inc. 401(k) 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. Phillips Precision Inc. 401(k) sits mid-pack in the medium band (220 participants).
DOL schedule card
Filing strip 222071997 · Phillips Precision Inc PY 2022 · 401(k)
Phillips Precision Inc. 401(k) · $4M · 220 · 44th
- TYPE $4M
- NET 220
- BOOK 44th
- VS-ST 401(k)
- BOY near Bernard H. Mendik Company LLC 401(k) Plan
- SCH ind #5653
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 New Jersey →
Phillips Precision Inc. 401(k) in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$470K |
| Employer EIN | 222071997 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Phillips Precision Inc)
Sponsor-wide plan assets over time
All Phillips Precision Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $8M 21.729242754288734% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 419 | $10M |
| 2023 | 1 | 211 | $12K |
| 2024 | 1 | 297 | $8M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Phillips Precision Inc. 401(k)'s out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Bernard H. Mendik Company LLC 401(k) Plan in NY ($4M); by covered participants it is Barley Snyder Savings Plan in PA (220 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4M here).
Similar participant headcount
Nearest other-state filings by covered participants (220 participants); asset peers above are excluded.
- Barley Snyder Savings Plan (PA) 220 · 0 off
- Bullseye Telecom 401(k) Plan (MI) 220 · 0 off
- Neff Group Distributors, Inc. Retirement Plan (IN) 220 · 0 off
- Execonline, Inc. 401(k) Plan (NY) 220 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.