401(k) · DOL Form 5500 · 2023

Precision Pipeline Equipment Inc 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
4
Participants Small participant base
36th
Percentile by assets National rank
$755,507
Avg per participant High balance/head
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Official DOL plan name: Precision Pipeline Equipment Inc Profit Sharing Plan and Trust · Sponsored by Precision Pipeline Equipment Inc · Pennsylvania · Wholesale Trade

$3M in assets, 4 participants

Precision Pipeline Equipment Inc's Precision Pipeline Equipment Inc Profit Sharing Plan and Trust reported $3M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #1,573 in Wholesale Trade (6,309 peers)

What the 2023 filing shows

Precision Pipeline Equipment Inc Profit Sharing Plan and Trust holds $3M for 4 participants - about $755,507 per participant, in the lower half of filed plans by assets.

#1,573
in Wholesale Trade (6,309 peers)
+5.5%
assets growth YoY

Precision Pipeline Equipment Inc Profit Sharing Plan and Trust's mid-pack asset rank among Wholesale Trade and all filers

Precision Pipeline Equipment Inc Profit Sharing Plan and Trust vs every filed plan by assets

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

$3,022,027 36th percentile higher than 36% 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 Pipeline Equipment Inc Profit Sharing Plan and Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Precision Pipeline Equipment Inc Profit Sharing Plan and Trust is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precision Pipeline Equipment Inc Profit Sharing Plan and Trust reported net income rose from -$688K in the plan year 2022 filing to $159K in the plan year 2023 filing.
  • Precision Pipeline Equipment Inc Profit Sharing Plan and Trust end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 251662396 · Precision Pipeline Equipment Inc PY 2023 · 401(k)

Precision Pipeline Equipment Inc Profit Sharing Plan and Trust · $3M · 4 · 36th

  • EBSA $3M
  • EBSA 4
  • EBSA 36th
  • EBSA 401(k)
  • EBSA near Lax, LLC 401(k) Plan
  • EBSA ind #1573

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 Wholesale Trade retirement plans → · Plans in Pennsylvania →

Precision Pipeline Equipment Inc Profit Sharing Plan and Trust in the asset neighbourhood

Precision Pipeline Equipment Inc Profit Sharing Plan and TrustPrecision Pipeline Equipment…$3MLax, LLC 401(k) Plan$3MCeco/Itg 401(k) Savings Plan$3MMassapequa Chiropractic 401(k) PlanMassapequa Chiropractic 401(…$3MNorth Atlantic Imports, LLC 401(k) PlanNorth Atlantic Imports, LLC …$3M
End-of-year total assets ($M) among Precision Pipeline Equipment Inc Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$159K
Employer EIN251662396
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Pipeline Equipment Inc)

Sponsor-wide plan assets over time

All Precision Pipeline Equipment Inc plans reported in each filing year

Latest sponsor-wide plan assets
$3M 5.5358691283101455% vs 2022
2023 filing year
$2.8M$2.85M$2.9M$2.95M$3M$3.05M 20222023 $2.86M $3.02M ▲ +5.6%
Year Plans Participants Total Assets
2022 1 4 $3M
2023 1 4 $3M

Nearby 401(k) Plans in Pennsylvania

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

Precision Pipeline Equipment Inc Profit Sharing Plan and Trust vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Precision Pipeline Equipment Inc Profit Sharing Plan and Trust, Total assets ($B): 0.003022027 · Participants: 4Precision Pipeline Equipment Inc Profit Sharing Plan and TrustComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Precision Pipeline Equipment Inc Profit Sharing Plan and Trust vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Precision Pipeline Equipment Inc Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Lax, LLC 401(k) Plan in MA ($3M); by covered participants it is Makingchg, Inc. Retirement Plan in TN (4 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (4 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 Pipeline Equipment Inc Profit Sharing Plan and Trust assets move in 2023?
Precision Pipeline Equipment Inc Profit Sharing Plan and Trust grew at a solid clip - up 5.5% during 2023, from $3M to $3M. Reported net income was $159K.
How have Precision Pipeline Equipment Inc plan assets changed over time?
Across 2 plan years on file (2022-2023), Precision Pipeline Equipment Inc's sponsor-wide assets grew 5.5%, from $3M to $3M.
Which 401(k) plans are similar in size to Precision Pipeline Equipment Inc Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Lax, LLC 401(k) Plan in MA ($3M, 628 participants).
Which 401(k) plans cover a similar participant headcount to Precision Pipeline Equipment Inc Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Makingchg, Inc. Retirement Plan in TN (4 participants, N/A in assets).