401(k) · DOL Form 5500 · 2022

Precision Fabrics Group, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
518
Participants Below avg headcount
84th
Percentile by assets National rank
$64,271
Avg per participant Low balance/head
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Official DOL plan name: Precision Fabrics Group, Inc. 401(k) Plan · Sponsored by Precision Fabrics Group, Inc. · North Carolina · Manufacturing

$33M in assets, 518 participants

Precision Fabrics Group, Inc.'s Precision Fabrics Group, Inc. 401(k) Plan reported $33M in total assets and 518 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.

  • #15,882 in Manufacturing (20,602 peers)

Where Precision Fabrics Group, Inc. 401(k) Plan sits by assets

Precision Fabrics Group, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $33M for 518 participants (~$64,271/participant), down 18.1% in 2022.

#15,882
in Manufacturing (20,602 peers)
-18.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Precision Fabrics Group, Inc. 401(k) Plan's outsized position by total assets

Precision Fabrics Group, Inc. 401(k) Plan vs every filed plan by assets

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

$33,292,308 Top 16% higher than 84% 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

Precision Fabrics Group, Inc. 401(k) Plan 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. Precision Fabrics Group, Inc. 401(k) Plan sits mid-pack in the medium band (518 participants).

Form 5500 schedule snapshot

Filing strip 561595882 · Precision Fabrics Group, Inc. PY 2022 · 401(k)

Precision Fabrics Group, Inc. 401(k) Plan · $33M · 518 · 84th

  • RANK $33M
  • PHOTO 518
  • IND 84th
  • EOY 401(k)
  • 5500 near Garden Homes Management Corp. Profit Sharing Trust
  • ASSETS ind #15882

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 North Carolina →

Precision Fabrics Group, Inc. 401(k) Plan in the asset neighbourhood

Garden Homes Management Corp. Profit Sharing TrustGarden Homes Management Corp…$33MSoftware One, Inc. 401(k) Profit Sharing PlanSoftware One, Inc. 401(k) Pr…$33MIntrepid Group, Inc. 401(k) PlanIntrepid Group, Inc. 401(k) …$33MPrecision Fabrics Group, Inc. 401(k) PlanPrecision Fabrics Group, Inc…$33MMurray Company 401(k) Plan$33M
End-of-year total assets ($M) among Precision Fabrics Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$33M
Net Income-$7M
Employer EIN561595882
Plan Effective Date1988-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Fabrics Group, Inc.)

Sponsor-wide plan assets over time

All Precision Fabrics Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$38M 13.358608240678297% vs 2022
2024 filing year
$32M$34M$36M$38M$40M 202220232024 $33.3M $37.7M ▲ +13.4%
Year Plans Participants Total Assets
2022 1 518 $33M
2023 1 508 $37M
2024 1 453 $38M

Nearby 401(k) Plans in North Carolina

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

Precision Fabrics Group, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Precision Fabrics Group, Inc. 401(k) Plan, Total assets ($B): 0.033292308 · Participants: 518Precision Fabrics Group, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Precision Fabrics Group, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Precision Fabrics Group, Inc. 401(k) Plan side-by-side with 3 peers →

Precision Fabrics Group, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Garden Homes Management Corp. Profit Sharing Trust in CT ($33M); by covered participants it is Ddp Dmo Group 401(k) Plan in FL (518 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (518 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 Precision Fabrics Group, Inc. 401(k) Plan assets move in 2022? ▼
Precision Fabrics Group, Inc. 401(k) Plan declined sharply - down 18.1% during 2022, from $41M to $33M. Reported net income was -$7M.
How have Precision Fabrics Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision Fabrics Group, Inc.'s sponsor-wide assets grew 13.4%, from $33M to $38M.
Where does Precision Fabrics Group, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Precision Fabrics Group, Inc. 401(k) 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 401(k) plans are similar in size to Precision Fabrics Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Garden Homes Management Corp. Profit Sharing Trust in CT ($33M, 77 participants).
Which 401(k) plans cover a similar participant headcount to Precision Fabrics Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ddp Dmo Group 401(k) Plan in FL (518 participants, $8M in assets).

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 561595882.

Read our methodology - how this data is sourced, computed, and verified.

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