401(k) · DOL Form 5500 · 2023

Precept Brands, LLC 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
210
Participants Below avg headcount
61st
Percentile by assets National rank
$52,148
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Precept Brands 401(k) Plan · Sponsored by Precept Brands, LLC · Washington · Manufacturing

$11M in assets, 210 participants

Precept Brands, LLC's Precept Brands 401(k) Plan reported $11M in total assets and 210 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,831 in Manufacturing (18,722 peers)

Coverage in Washington

Precept Brands 401(k) Plan covers 210 participants in Washington, about 14% of the average Washington filer (state average ~1,476 per filing). Assets: $11M.

#8,831
in Manufacturing (18,722 peers)
+31.1%
assets growth YoY

Precept Brands 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Precept Brands 401(k) Plan vs every filed plan by assets

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

$10,951,135 Top 39% higher than 61% 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

Precept Brands 401(k) 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. Precept Brands 401(k) Plan sits mid-pack in the medium band (210 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precept Brands 401(k) Plan reported net income rose from -$614K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Precept Brands 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Precept Brands 401(k) Plan reported participants fell from 299 in the plan year 2022 filing to 210 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 753063843 · Precept Brands, LLC PY 2023 · 401(k)

Precept Brands 401(k) Plan · $11M · 210 · 61st

  • VS-ST $11M
  • VS-ST 210
  • VS-ST 61st
  • VS-ST 401(k)
  • VS-ST near Riley Industrial Services, Inc. 401(k) Retirement Plan
  • VS-ST ind #8831

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 Washington →

Precept Brands 401(k) Plan in the asset neighbourhood

Precept Brands 401(k) Plan$11MRiley Industrial Services, Inc. 401(k) Retirement PlanRiley Industrial Services, I…$11MT/Cci Manufacturing, L.L.C. 401(k) PlanT/Cci Manufacturing, L.L.C. …$11MRlm Associates Retirement PlanRlm Associates Retirement Pl…$11MUltimate Technology Corporation Retirement Savings PlanUltimate Technology Corporat…$11M
End-of-year total assets ($M) among Precept Brands 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$11M
Net Income$3M
Employer EIN753063843
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precept Brands, LLC)

Sponsor-wide plan assets over time

All Precept Brands, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$12M 43.89587366946863% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $8.35M $12M ▲ +44.0%
Year Plans Participants Total Assets
2022 1 299 $8M
2023 1 210 $11M
2024 1 218 $12M

Nearby 401(k) Plans in Washington

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

Precept Brands 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Precept Brands 401(k) Plan, Total assets ($B): 0.010951135 · Participants: 210Precept Brands 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Precept Brands 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

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

Outside Washington, the nearest 401(k) by assets is Riley Industrial Services, Inc. 401(k) Retirement Plan in NM ($11M); by covered participants it is B.E.a.T., LLC 401(k) Plan in TX (210 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (210 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 Precept Brands 401(k) Plan assets move in 2023?
Precept Brands 401(k) Plan surged - up 31.1% during 2023, from $8M to $11M. Reported net income was $3M.
How have Precept Brands, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Precept Brands, LLC's sponsor-wide assets grew 43.9%, from $8M to $12M.
Which 401(k) plans are similar in size to Precept Brands 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Riley Industrial Services, Inc. 401(k) Retirement Plan in NM ($11M, 349 participants).
Which 401(k) plans cover a similar participant headcount to Precept Brands 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is B.E.a.T., LLC 401(k) Plan in TX (210 participants, $8M in assets).