401(k) · DOL Form 5500 · 2022

Preferred Companies 401(k) Plan

Data updated 2026-08-25

$614K
Total assets Small plan by assets
121
Participants Small participant base
20th
Percentile by assets National rank
$5,076
Avg per participant Low balance/head
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Official DOL plan name: Preferred Companies 401(k) Plan · Sponsored by Preferred Companies · Michigan · Manufacturing

$614K in assets, 121 participants

Preferred Companies's Preferred Companies 401(k) Plan reported $614K in total assets and 121 participants in its 2022 DOL Form 5500 filing, ranking in the 20th 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.

  • #1,786 in Manufacturing (20,602 peers)

Coverage in Michigan

Preferred Companies 401(k) Plan covers 121 participants in Michigan, about 19% of the average Michigan filer (state average ~638 per filing). Assets: $614K.

#1,786
in Manufacturing (20,602 peers)
$614K
reported net income

Preferred Companies 401(k) Plan among the smaller filed plans by assets

Preferred Companies 401(k) Plan vs every filed plan by assets

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

$614,251 20th percentile higher than 20% 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

Preferred Companies 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. Preferred Companies 401(k) Plan sits mid-pack in the medium band (121 participants).

Form 5500 schedule snapshot

Filing strip 854220981 · Preferred Companies PY 2022 · 401(k)

Preferred Companies 401(k) Plan · $614K · 121 · 20th

  • IND $614K
  • IND 121
  • IND 20th
  • IND 401(k)
  • IND near Renwood Mills, LLC 401(k) Plan
  • IND ind #1786

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 Michigan →

Preferred Companies 401(k) Plan in the asset neighbourhood

Preferred Companies 401(k) PlanPreferred Companies 401(k) P…$614KRenwood Mills, LLC 401(k) PlanRenwood Mills, LLC 401(k) Pl…$614KKwangsung America 401(k) Plan$614KConley Holdings, Inc. 401(k) Profit Sharing PlanConley Holdings, Inc. 401(k)…$614KRbe & Associates, Inc. 401(k) and Profit Sharing Plan and TrustRbe & Associates, Inc. 401(k…$614K
End-of-year total assets ($M) among Preferred Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$614K
Net Income$614K
Employer EIN854220981
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Preferred Companies)

Sponsor-wide plan assets over time

All Preferred Companies plans reported in each filing year

Latest sponsor-wide plan assets
$1M 135.6683180002963% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M 202220232024 $0.61M $1.45M ▲ +137.7%
Year Plans Participants Total Assets
2022 1 121 $614K
2023 1 122 $1M
2024 1 124 $1M

Nearby 401(k) Plans in Michigan

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

Preferred Companies 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Preferred Companies 401(k) Plan, Total assets ($B): 0.000614251 · Participants: 121Preferred Companies 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Preferred Companies 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Preferred Companies 401(k) Plan side-by-side with 3 peers →

Preferred Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Renwood Mills, LLC 401(k) Plan in NC ($614K); by covered participants it is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 have Preferred Companies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Preferred Companies's sponsor-wide assets grew 135.7%, from $614K to $1M.
Where does Preferred Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Preferred Companies 401(k) Plan ranks in the 20th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Preferred Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Renwood Mills, LLC 401(k) Plan in NC ($614K, 105 participants).
Which 401(k) plans cover a similar participant headcount to Preferred Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants, N/A 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 854220981.

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.