401(k) · DOL Form 5500 · 2023

Precision Grinding & Manufacturing Corp. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
141
Participants Small participant base
62nd
Percentile by assets National rank
$84,506
Avg per participant Below avg balance/head
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Official DOL plan name: Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan · Sponsored by Precision Grinding & Manufacturing Corp. · New York · Manufacturing

$12M in assets, 141 participants

Precision Grinding & Manufacturing Corp.'s Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan reported $12M in total assets and 141 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #9,273 in Manufacturing (18,722 peers)

Coverage in New York

Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan covers 141 participants in New York, about 18% of the average New York filer (state average ~798 per filing). Assets: $12M.

#9,273
in Manufacturing (18,722 peers)
+16.9%
assets growth YoY

Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan vs every filed plan by assets

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

$11,915,391 Top 38% higher than 62% 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 Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement 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 Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan sits mid-pack in the medium band (141 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan reported participants fell from 152 in the plan year 2022 filing to 141 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 160924683 · Precision Grinding & Manufacturing Corp. PY 2023 · 401(k)

Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan · $12M · 141 · 62nd

  • VS-ST $12M
  • BOY 141
  • SCH 62nd
  • EBSA 401(k)
  • PART near 1888 Mills 401(k) Plan
  • TYPE ind #9273

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 →

Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan in the asset neighbourhood

Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement PlanPrecision Grinding & Manufac…$12M1888 Mills 401(k) Plan$12MH.a. Motors LLP Retirement Plan and TrustH.a. Motors LLP Retirement P…$12MEthos Marketing & Design Employee Stock Ownership 401(k) PlanEthos Marketing & Design Emp…$12MHexcel Corporation Voluntary Savings Plan for Kent Union EmployeesHexcel Corporation Voluntary…$12M
End-of-year total assets ($M) among Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN160924683
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Grinding & Manufacturing Corp.)

Sponsor-wide plan assets over time

All Precision Grinding & Manufacturing Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 29.04808009228741% vs 2022
2024 filing year
$9M$10M$11M$12M$13M$14M 202220232024 $10.2M $13.2M ▲ +29.1%
Year Plans Participants Total Assets
2022 1 152 $10M
2023 1 141 $12M
2024 1 126 $13M

Nearby 401(k) Plans in New York

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

Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan, Total assets ($B): 0.011915391 · Participants: 141Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants

Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is 1888 Mills 401(k) Plan in GA ($12M); by covered participants it is Dytran Instruments, Inc. Retirement Savings Plan in CA (141 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (141 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 Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan assets move in 2023?
Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan grew sharply - up 16.9% during 2023, from $10M to $12M. Reported net income was $2M.
How have Precision Grinding & Manufacturing Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Precision Grinding & Manufacturing Corp.'s sponsor-wide assets grew 29.0%, from $10M to $13M.
Which 401(k) plans are similar in size to Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is 1888 Mills 401(k) Plan in GA ($12M, 248 participants).
Which 401(k) plans cover a similar participant headcount to Precision Grinding & Manufacturing Corp. Profit Sharing 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Dytran Instruments, Inc. Retirement Savings Plan in CA (141 participants, N/A in assets).