Profit Sharing · DOL Form 5500 · 2023

Precipart Corporation Profit Sharing Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
248
Participants Below avg headcount
80th
Percentile by assets National rank
$125,298
Avg per participant Near avg balance/head
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Official DOL plan name: Precipart 401(k) Profit Sharing Plan · Sponsored by Precipart Corporation · New York · Manufacturing

$31M in assets, 248 participants

Precipart Corporation's Precipart 401(k) Profit Sharing Plan reported $31M in total assets and 248 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,419 in Manufacturing (18,722 peers)

Coverage in New York

Precipart 401(k) Profit Sharing Plan covers 248 participants in New York, about 31% of the average New York filer (state average ~798 per filing). Assets: $31M.

#13,419
in Manufacturing (18,722 peers)
-2.6%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $839K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Precipart 401(k) Profit Sharing Plan's outsized position by total assets

Precipart 401(k) Profit Sharing Plan vs every filed plan by assets

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

$31,074,013 Top 20% higher than 80% 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

Precipart 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Precipart 401(k) Profit Sharing Plan sits mid-pack in the medium band (248 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precipart 401(k) Profit Sharing Plan reported net income fell from $142K in the plan year 2022 filing to -$839K in the plan year 2023 filing.
  • Precipart 401(k) Profit Sharing Plan end-of-year assets fell from $32M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Precipart 401(k) Profit Sharing Plan reported participants rose from 243 in the plan year 2022 filing to 248 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 112501170 · Precipart Corporation PY 2023 · Profit Sharing

Precipart 401(k) Profit Sharing Plan · $31M · 248 · 80th

  • VS-ST $31M
  • BOY 248
  • SCH 80th
  • EBSA Profit Sharing
  • PART near The American College Tax Deferred Annuity Plan
  • TYPE ind #13419

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 New York →

Precipart 401(k) Profit Sharing Plan in the asset neighbourhood

One Microsoft Puerto Rico Retirement Plan One Microsoft Puerto Rico Retirement PlanOne Microsoft Puerto Rico Re…$31MTradehome Shoe Stores, Inc. Profit Sharing PlanTradehome Shoe Stores, Inc. …$31MPrecipart 401(k) Profit Sharing PlanPrecipart 401(k) Profit Shar…$31MThe American College Tax Deferred Annuity PlanThe American College Tax Def…$31MSan Domenico School 403(b) Retirement PlanSan Domenico School 403(b) R…$31M
End-of-year total assets ($M) among Precipart 401(k) Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$31M
Net Income-$839K
Employer EIN112501170
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precipart Corporation)

Sponsor-wide plan assets over time

All Precipart Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$35M 10.308991161743245% vs 2022
2024 filing year
$30M$32M$34M$36M 202220232024 $31.9M $35.2M ▲ +10.3%
Year Plans Participants Total Assets
2022 1 243 $32M
2023 1 248 $31M
2024 1 243 $35M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Precipart 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Precipart 401(k) Profit Sharing Plan, Total assets ($B): 0.031074013 · Participants: 248Precipart 401(k) Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Precipart 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Precipart 401(k) Profit Sharing Plan side-by-side with 3 peers →

Precipart 401(k) Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is The American College Tax Deferred Annuity Plan in PA ($31M); by covered participants it is Saint John's Communities, Inc. Pension Benefit Plan in WI (248 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (248 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 Precipart 401(k) Profit Sharing Plan assets move in 2023? ▼
Precipart 401(k) Profit Sharing Plan edged down modestly - down 2.6% during 2023, from $32M to $31M. Reported net income was -$839K.
How have Precipart Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precipart Corporation's sponsor-wide assets grew 10.3%, from $32M to $35M.
Where does Precipart 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Precipart 401(k) Profit Sharing Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Precipart 401(k) Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is The American College Tax Deferred Annuity Plan in PA ($31M, 205 participants).
Which Profit Sharing plans cover a similar participant headcount to Precipart 401(k) Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Saint John's Communities, Inc. Pension Benefit Plan in WI (248 participants, $3M 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 112501170.

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.