401(k) · DOL Form 5500 · 2023

Preferred Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
29
Participants Small participant base
44th
Percentile by assets National rank
$173,934
Avg per participant Above avg balance/head
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Official DOL plan name: Preferred Industries, Inc. Employees' 401(k) Plan · Sponsored by Preferred Industries, Inc. · Michigan · Manufacturing

$5M in assets, 29 participants

Preferred Industries, Inc.'s Preferred Industries, Inc. Employees' 401(k) Plan reported $5M in total assets and 29 participants in its 2023 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.

  • #5,192 in Manufacturing (18,722 peers)

Preferred Industries, Inc. multi-year trail

Preferred Industries, Inc.'s plans moved +25.0% in assets from 2022 to 2024; this filing shows Preferred Industries, Inc. Employees' 401(k) Plan at $5M / 29 participants.

#5,192
in Manufacturing (18,722 peers)
+10.8%
assets growth YoY

Preferred Industries, Inc. Employees' 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Preferred Industries, Inc. Employees' 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,044,092 44th percentile higher than 44% of 127,068 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 2023

Preferred Industries, Inc. Employees' 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Preferred Industries, Inc. Employees' 401(k) Plan is a small filing (29 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Preferred Industries, Inc. Employees' 401(k) Plan reported net income rose from -$669K in the plan year 2022 filing to $492K in the plan year 2023 filing.
  • Preferred Industries, Inc. Employees' 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Preferred Industries, Inc. Employees' 401(k) Plan reported participants fell from 31 in the plan year 2022 filing to 29 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 382153788 · Preferred Industries, Inc. PY 2023 · 401(k)

Preferred Industries, Inc. Employees' 401(k) Plan · $5M · 29 · 44th

  • PCT $5M
  • EIN 29
  • RANK 44th
  • PHOTO 401(k)
  • IND near Donnellon Mccarthy Enterprises 401(k) Profit Sharing Plan & Trust
  • EOY ind #5192

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 Industries, Inc. Employees' 401(k) Plan in the asset neighbourhood

Preferred Industries, Inc. Employees' 401(k) PlanPreferred Industries, Inc. E…$5MDonnellon Mccarthy Enterprises 401(k) Profit Sharing Plan & TrustDonnellon Mccarthy Enterpris…$5MLauria Tokunaga Gates & Linn, LLP 401(k) Profit Sharing PlanLauria Tokunaga Gates & Linn…$5MPrinciple USA 401(k) Plan$5MShopperschoice/Blaze 401(k) PlanShopperschoice/Blaze 401(k) …$5M
End-of-year total assets ($M) among Preferred Industries, Inc. Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Preferred Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Preferred Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 24.97824307743268% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $4.55M $5.69M ▲ +25.1%
Year Plans Participants Total Assets
2022 1 31 $5M
2023 1 29 $5M
2024 1 33 $6M

Preferred Industries, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$492K
Employer EIN382153788
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Preferred Industries, Inc. Employees' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Preferred Industries, Inc. Employees' 401(k) Plan, Total assets ($B): 0.005044092 · Participants: 29Preferred Industries, Inc. Employees' 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Preferred Industries, Inc. Employees' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Preferred Industries, Inc. Employees' 401(k) Plan side-by-side with 3 peers →

Preferred Industries, Inc. Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Donnellon Mccarthy Enterprises 401(k) Profit Sharing Plan & Trust in OH ($5M); by covered participants it is Kizer Pharmacy, LLC Safe Harbor 401(k) Plan in TN (29 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (29 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Preferred Industries, Inc. Employees' 401(k) Plan assets move in 2023? ▼
Preferred Industries, Inc. Employees' 401(k) Plan grew at a solid clip - up 10.8% during 2023, from $5M to $5M. Reported net income was $492K.
How have Preferred Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Preferred Industries, Inc.'s sponsor-wide assets grew 25.0%, from $5M to $6M.
Which 401(k) plans are similar in size to Preferred Industries, Inc. Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Donnellon Mccarthy Enterprises 401(k) Profit Sharing Plan & Trust in OH ($5M, 100 participants).
Which 401(k) plans cover a similar participant headcount to Preferred Industries, Inc. Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kizer Pharmacy, LLC Safe Harbor 401(k) Plan in TN (29 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382153788.

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.