401(k) · DOL Form 5500 · 2023

Precision Turning Specialties, Inc 401(k) Plan

Data updated 2026-08-25

$860K
Total assets Small plan by assets
27
Participants Small participant base
22nd
Percentile by assets National rank
$31,857
Avg per participant Low balance/head
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Official DOL plan name: Precision Turning Specialties Inc. 401(k) Plan · Sponsored by Precision Turning Specialties, Inc · Tennessee · Manufacturing

$860K in assets, 27 participants

Precision Turning Specialties, Inc's Precision Turning Specialties Inc. 401(k) Plan reported $860K in total assets and 27 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #1,797 in Manufacturing (18,722 peers)

Precision Turning Specialties, Inc multi-year trail

Precision Turning Specialties, Inc's plans moved -65.6% in assets from 2022 to 2024; this filing shows Precision Turning Specialties Inc. 401(k) Plan at $860K / 27 participants.

#1,797
in Manufacturing (18,722 peers)
-67.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Precision Turning Specialties Inc. 401(k) Plan among the smaller filed plans by assets

Precision Turning Specialties Inc. 401(k) Plan vs every filed plan by assets

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

$860,143 22nd percentile higher than 22% 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 Turning Specialties 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. Precision Turning Specialties Inc. 401(k) Plan is a small filing (27 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precision Turning Specialties Inc. 401(k) Plan reported net income fell from $504K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Precision Turning Specialties Inc. 401(k) Plan end-of-year assets fell from $3M in the plan year 2022 filing to $860K in the plan year 2023 filing.
  • Precision Turning Specialties Inc. 401(k) Plan reported participants rose from 23 in the plan year 2022 filing to 27 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 270452941 · Precision Turning Specialties, Inc PY 2023 · 401(k)

Precision Turning Specialties Inc. 401(k) Plan · $860K · 27 · 22nd

  • EIN $860K
  • RANK 27
  • PHOTO 22nd
  • IND 401(k)
  • EOY near James F. Brine, Inc. 401(k) Plan
  • 5500 ind #1797

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 Tennessee →

Precision Turning Specialties Inc. 401(k) Plan in the asset neighbourhood

Precision Turning Specialties Inc. 401(k) PlanPrecision Turning Specialtie…$860KJames F. Brine, Inc. 401(k) PlanJames F. Brine, Inc. 401(k) …$860KGood Care Agency 401(k) Plan$860KCarroll Family Enterprises Inc. 401(k) PlanCarroll Family Enterprises I…$860KBediso Inc. 401(k) Plan$860K
End-of-year total assets ($M) among Precision Turning Specialties Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Precision Turning Specialties, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Precision Turning Specialties, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$899K 65.59609329437139% vs 2022
2024 filing year
$0M$1M$2M$3M 202220232024 $2.61M $0.9M ▼ -65.5%
Year Plans Participants Total Assets
2022 1 23 $3M
2023 1 27 $860K
2024 1 28 $899K

Precision Turning Specialties, Inc filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$860K
Net Income-$2M
Employer EIN270452941
Plan Effective Date2009-08-21
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

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

Precision Turning Specialties Inc. 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Precision Turning Specialties Inc. 401(k) Plan, Total assets ($B): 0.000860143 · Participants: 27Precision Turning Specialties Inc. 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Precision Turning Specialties Inc. 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Precision Turning Specialties Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest 401(k) by assets is James F. Brine, Inc. 401(k) Plan in MA ($860K); by covered participants it is Memo-Omega Manufacturing, Inc. 401(k) Plan in TX (27 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($860K here).

Similar participant headcount

Nearest other-state filings by covered participants (27 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 Turning Specialties Inc. 401(k) Plan assets move in 2023? ▼
Precision Turning Specialties Inc. 401(k) Plan contracted severely - down 67.1% during 2023, from $3M to $860K. Reported net income was -$2M.
How have Precision Turning Specialties, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision Turning Specialties, Inc's sponsor-wide assets declined 65.6%, from $3M to $899K.
Where does Precision Turning Specialties Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Precision Turning Specialties Inc. 401(k) Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Precision Turning Specialties Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is James F. Brine, Inc. 401(k) Plan in MA ($860K, 15 participants).
Which 401(k) plans cover a similar participant headcount to Precision Turning Specialties Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Memo-Omega Manufacturing, Inc. 401(k) Plan in TX (27 participants, N/A 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 270452941.

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.