401(k) · DOL Form 5500 · 2023

Precision Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
205
Participants Below avg headcount
73rd
Percentile by assets National rank
$97,559
Avg per participant Below avg balance/head
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Official DOL plan name: Precision Associates, Inc. 401(k) Plan · Sponsored by Precision Associates, Inc. · Minnesota · Manufacturing

$20M in assets, 205 participants

Precision Associates, Inc.'s Precision Associates, Inc. 401(k) Plan reported $20M in total assets and 205 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #11,699 in Manufacturing (18,722 peers)

Coverage in Minnesota

Precision Associates, Inc. 401(k) Plan covers 205 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $20M.

#11,699
in Manufacturing (18,722 peers)
+22.1%
assets growth YoY

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

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

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

$19,999,651 Top 27% higher than 73% 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

Precision Associates, Inc. 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. Precision Associates, Inc. 401(k) Plan sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precision Associates, Inc. 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Precision Associates, Inc. 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Precision Associates, Inc. 401(k) Plan reported participants rose from 189 in the plan year 2022 filing to 205 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410763581 · Precision Associates, Inc. PY 2023 · 401(k)

Precision Associates, Inc. 401(k) Plan · $20M · 205 · 73rd

  • RANK $20M
  • RANK 205
  • RANK 73rd
  • RANK 401(k)
  • RANK near 401(k) Profit Sharing Plan for Employees of Community Action Council for Lexington-Fayette, Bourbon, Harrison & Nicholas Counties
  • RANK ind #11699

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 Minnesota →

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

Precision Associates, Inc. 401(k) PlanPrecision Associates, Inc. 4…$20M401(k) Profit Sharing Plan for Employees of Community Action Council for Lexington-Fayette, Bourbon, Harrison & Nicholas Counties401(k) Profit Sharing Plan f…$20MStronghold Engineering, Inc. 401(k) Employee's Profit Sharing PlanStronghold Engineering, Inc.…$20MAim Media 401(k) Plan$20MWhitco Supply, LLC 401(k) Profit Sharing Plan and TrustWhitco Supply, LLC 401(k) Pr…$20M
End-of-year total assets ($M) among Precision Associates, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$4M
Employer EIN410763581
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Associates, Inc.)

Sponsor-wide plan assets over time

All Precision Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 34.544367645680445% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $16.4M $22M ▲ +34.5%
Year Plans Participants Total Assets
2022 1 189 $16M
2023 1 205 $20M
2024 1 206 $22M

Nearby 401(k) Plans in Minnesota

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

Precision Associates, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Precision Associates, Inc. 401(k) Plan, Total assets ($B): 0.019999651 · Participants: 205Precision Associates, Inc. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Precision Associates, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Precision Associates, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is 401(k) Profit Sharing Plan for Employees of Community Action Council for Lexington-Fayette, Bourbon, Harrison & Nicholas Counties in KY ($20M); by covered participants it is Healthstar Physicians 401(k) & Profit Sharing Plan in AR (205 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (205 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 Precision Associates, Inc. 401(k) Plan assets move in 2023? ▼
Precision Associates, Inc. 401(k) Plan grew sharply - up 22.1% during 2023, from $16M to $20M. Reported net income was $4M.
How have Precision Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision Associates, Inc.'s sponsor-wide assets grew 34.5%, from $16M to $22M.
Which 401(k) plans are similar in size to Precision Associates, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Profit Sharing Plan for Employees of Community Action Council for Lexington-Fayette, Bourbon, Harrison & Nicholas Counties in KY ($20M, 466 participants).
Which 401(k) plans cover a similar participant headcount to Precision Associates, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Healthstar Physicians 401(k) & Profit Sharing Plan in AR (205 participants, $1M 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 410763581.

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.