401(k) · DOL Form 5500 · 2022

Precision, Inc. 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
815
Participants Near avg headcount
85th
Percentile by assets National rank
$46,133
Avg per participant Low balance/head
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Official DOL plan name: Precision, Inc. 401(k) Plan · Sponsored by Precision, Inc. · Iowa · Manufacturing

$38M in assets, 815 participants

Precision, Inc.'s Precision, Inc. 401(k) Plan reported $38M in total assets and 815 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,263 in Manufacturing (20,602 peers)

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

Precision, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $38M for 815 participants (~$46,133/participant), down 0.3% in 2022.

#16,263
in Manufacturing (20,602 peers)
-0.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $126K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$37,598,793 Top 15% higher than 85% 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, 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, Inc. 401(k) Plan sits mid-pack in the medium band (815 participants).

DOL schedule card

Filing strip 421089098 · Precision, Inc. PY 2022 · 401(k)

Precision, Inc. 401(k) Plan · $38M · 815 · 85th

  • SCH $38M
  • SCH 815
  • SCH 85th
  • SCH 401(k)
  • SCH near Danzer Group 401(k) Retirement Plan
  • SCH ind #16263

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 Iowa →

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

Precision, Inc. 401(k) Plan$38MDanzer Group 401(k) Retirement PlanDanzer Group 401(k) Retireme…$38MOia Retirement and Savings PlanOia Retirement and Savings P…$38MTax Deferred Annuity Plan of Adapt Community NetworkTax Deferred Annuity Plan of…$38MMidwest Orthopaedic Center S.C. 401(k) Profit Sharing PlanMidwest Orthopaedic Center S…$38M
End-of-year total assets ($M) among Precision, 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)$38M
Net Assets (End of Year)$38M
Net Income-$126K
Employer EIN421089098
Plan Effective Date1983-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision, Inc.)

Sponsor-wide plan assets over time

All Precision, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$534M 21.308733039619284% vs 2022
2024 filing year
$400M$450M$500M$550M 202220232024 $440M $534M ▲ +21.3%
Year Plans Participants Total Assets
2022 2 1,460 $440M
2023 2 1,490 $486M
2024 2 1,450 $534M

Nearby 401(k) Plans in Iowa

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

Precision, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Precision, Inc. 401(k) Plan, Total assets ($B): 0.037598793 · Participants: 815Precision, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Precision, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Precision, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Danzer Group 401(k) Retirement Plan in PA ($38M); by covered participants it is Farmers & Merchants Bank of Long Beach Profit Sharing and 401(k) Plan in CA (815 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (815 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, Inc. 401(k) Plan assets move in 2022? ▼
Precision, Inc. 401(k) Plan held essentially flat - down 0.3% during 2022, from $38M to $38M. Reported net income was -$126K.
How have Precision, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision, Inc.'s sponsor-wide assets grew 21.3%, from $440M to $534M.
Where does Precision, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Precision, Inc. 401(k) Plan ranks in the 85th 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, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Danzer Group 401(k) Retirement Plan in PA ($38M, 355 participants).
Which 401(k) plans cover a similar participant headcount to Precision, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Farmers & Merchants Bank of Long Beach Profit Sharing and 401(k) Plan in CA (815 participants, $126M 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 421089098.

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.