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

Prestige Employees' 401(k) Plan

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

Sponsored by Prestige Management Services, Inc. · New Jersey · Retail Trade

What the 2023 filing shows

Prestige Employees' 401(k) Plan holds $16M for 108 participants — about $150,659 per participant, down 16.6% over the 2022 plan year.

$16M
total plan assets (2022 EOY)
108
covered participants
$150,659
avg assets per participant
-16.6%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$16M
Participants
108
State
Industry
Retail Trade

What the Filing Says About Prestige Employees' 401(k) Plan

Prestige Employees' 401(k) Plan is a 401(k) retirement plan sponsored by Prestige Management Services, Inc., headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $16M in total end-of-year assets and covers 108 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 222973924, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2022 to $16M at year-end — a decline of 16.6%. Net assets (after liabilities) closed the year at $16M, with reported net income of $-3,242,116 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)$20M
Total Assets (End of Year)$16M
Net Assets (End of Year)$16M
Net Income$-3,242,116
Plan Type401(k)
Employer EIN222973924
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Prestige Management Services, Inc.)

Year Plans Participants Total Assets
2022 1 108 $16M
2023 1 90 $18M
2024 1 107 $20M

Nearby 401(k) Plans in New Jersey

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

Frequently Asked Questions

How much money is in the Prestige Employees' 401(k) Plan?
As of the 2022 Form 5500 filing, Prestige Employees' 401(k) Plan holds $16M in total assets with 108 participants. It is sponsored by Prestige Management Services, Inc..
What type of plan is Prestige Employees' 401(k) Plan?
Prestige Employees' 401(k) Plan is a 401(k) plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 222973924.
Who sponsors the Prestige Employees' 401(k) Plan?
Prestige Employees' 401(k) Plan is sponsored by Prestige Management Services, Inc., located in New Jersey. The sponsor's EIN is 222973924 and the plan operates in the Retail Trade industry.
How did Prestige Employees' 401(k) Plan perform in 2022?
Prestige Employees' 401(k) Plan declined by 16.6% during 2022, moving from $20M to $16M in total assets. Net income was $-3,242,116.
Where can I find official filings for Prestige Employees' 401(k) Plan?
Official Form 5500 filings for Prestige Employees' 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 222973924 or plan name at efast.dol.gov.
How does Prestige Employees' 401(k) Plan compare to other plans?
You can compare Prestige Employees' 401(k) Plan against other 401(k) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 222973924.

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.