401(k) · DOL Form 5500 · 2022

First Principles, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
13
Participants Small participant base
65th
Percentile by assets National rank
$756,089
Avg per participant High balance/head
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Official DOL plan name: First Principles, Inc. 401(k) Plan · Sponsored by First Principles, Inc. · Virginia · Professional & Technical Services

$10M in assets, 13 participants

First Principles, Inc.'s First Principles, Inc. 401(k) Plan reported $10M in total assets and 13 participants in its 2022 DOL Form 5500 filing, ranking in the 65th 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.

  • #13,654 in Professional & Technical Services (21,562 peers)

First Principles, Inc. multi-year trail

First Principles, Inc.'s plans moved +54.9% in assets from 2022 to 2024; this filing shows First Principles, Inc. 401(k) Plan at $10M / 13 participants.

#13,654
in Professional & Technical Services (21,562 peers)
-18.6%
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.

First Principles, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

First Principles, Inc. 401(k) Plan vs every filed plan by assets

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

$9,829,159 Top 35% higher than 65% 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

First Principles, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Principles, Inc. 401(k) Plan is a small filing (13 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 201335494 · First Principles, Inc. PY 2022 · 401(k)

First Principles, Inc. 401(k) Plan · $10M · 13 · 65th

  • EOY $10M
  • 5500 13
  • ASSETS 65th
  • PCT 401(k)
  • EIN near Wynmoor Community Council, Inc. 401(k) Plan
  • RANK ind #13654

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 Professional & Technical Services retirement plans → · Plans in Virginia →

First Principles, Inc. 401(k) Plan in the asset neighbourhood

First Principles, Inc. 401(k) PlanFirst Principles, Inc. 401(k…$10MWynmoor Community Council, Inc. 401(k) PlanWynmoor Community Council, I…$10MClifford Power Systems 401(k) PlanClifford Power Systems 401(k…$10MBlack Gold Potato Sales, Inc. 401(k) Profit Sharing PlanBlack Gold Potato Sales, Inc…$10MFoothill Packing, Inc. 401(k) PlanFoothill Packing, Inc. 401(k…$10M
End-of-year total assets ($M) among First Principles, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

First Principles, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All First Principles, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 54.86155020994167% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.83M $15.2M ▲ +54.8%
Year Plans Participants Total Assets
2022 1 13 $10M
2023 1 12 $13M
2024 1 13 $15M

First Principles, Inc. filing trail (2022)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$10M
Net Income-$2M
Employer EIN201335494
Plan Effective Date2004-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

First Principles, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants First Principles, Inc. 401(k) Plan, Total assets ($B): 0.009829159 · Participants: 13First Principles, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
First Principles, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

First Principles, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Wynmoor Community Council, Inc. 401(k) Plan in FL ($10M); by covered participants it is Casey Tool and Lock Technology Inc. Employees Profit Sharing Plan and Trust in IL (13 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13 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 First Principles, Inc. 401(k) Plan assets move in 2022?
First Principles, Inc. 401(k) Plan declined sharply - down 18.6% during 2022, from $12M to $10M. Reported net income was -$2M.
How have First Principles, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), First Principles, Inc.'s sponsor-wide assets grew 54.9%, from $10M to $15M.
Which 401(k) plans are similar in size to First Principles, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Wynmoor Community Council, Inc. 401(k) Plan in FL ($10M, 136 participants).
Which 401(k) plans cover a similar participant headcount to First Principles, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Casey Tool and Lock Technology Inc. Employees Profit Sharing Plan and Trust in IL (13 participants, N/A in assets).