401(k) · DOL Form 5500 · 2023

First Principles, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
12
Participants Small participant base
64th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: First Principles, Inc. 401(k) Plan · Sponsored by First Principles, Inc. · Virginia · Professional & Technical Services

$13M in assets, 12 participants

First Principles, Inc.'s First Principles, Inc. 401(k) Plan reported $13M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #12,896 in Professional & Technical Services (20,321 peers)

First Principles, Inc. multi-year trail

First Principles, Inc.'s plans moved +54.9% in assets from 2022 to 2024; this filing shows First Principles, Inc. 401(k) Plan at $13M / 12 participants.

#12,896
in Professional & Technical Services (20,321 peers)
+32.4%
assets growth YoY

First Principles, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

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

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

$13,014,102 Top 36% higher than 64% 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

First Principles, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Principles, Inc. 401(k) Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Principles, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • First Principles, Inc. 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • First Principles, Inc. 401(k) Plan reported participants fell from 13 in the plan year 2022 filing to 12 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 201335494 · First Principles, Inc. PY 2023 · 401(k)

First Principles, Inc. 401(k) Plan · $13M · 12 · 64th

  • SCH $13M
  • SCH 12
  • SCH 64th
  • SCH 401(k)
  • SCH near Psychemedics Corporation 401(k) Plan
  • SCH ind #12896

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 Professional & Technical Services retirement plans → · Plans in Virginia →

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

Bitdefender 401(k) Plan$13MFirst Principles, Inc. 401(k) PlanFirst Principles, Inc. 401(k…$13MPsychemedics Corporation 401(k) PlanPsychemedics Corporation 401…$13MUniversal Land 401(k) Profit Sharing Plan and TrustUniversal Land 401(k) Profit…$13MSpm Marketing & Communications 401(k) Profit Sharing PlanSpm Marketing & Communicatio…$13M
End-of-year total assets ($M) among First Principles, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

First Principles, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All First Principles, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 54.86155020994167% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.83M $15.2M ▲ +54.8%
Year Plans Participants Total Assets
2022 1 13 $10M
2023 1 12 $13M
2024 1 13 $15M

First Principles, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN201335494
Plan Effective Date2004-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

First Principles, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants First Principles, Inc. 401(k) Plan, Total assets ($B): 0.013014102 · Participants: 12First Principles, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
First Principles, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare First Principles, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Psychemedics Corporation 401(k) Plan in MA ($13M); by covered participants it is Maryland Home Care Solutions Retirement Plan in MD (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 First Principles, Inc. 401(k) Plan assets move in 2023? ▼
First Principles, Inc. 401(k) Plan surged - up 32.4% during 2023, from $10M to $13M. Reported net income was $3M.
How have First Principles, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Principles, Inc.'s sponsor-wide assets grew 54.9%, from $10M to $15M.
Which 401(k) plans are similar in size to First Principles, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Psychemedics Corporation 401(k) Plan in MA ($13M, 133 participants).
Which 401(k) plans cover a similar participant headcount to First Principles, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Maryland Home Care Solutions Retirement Plan in MD (12 participants, $2M 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 201335494.

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.