401(k) · DOL Form 5500 · 2023

Promise Technology, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
11
Participants Small participant base
55th
Percentile by assets National rank
$785,791
Avg per participant High balance/head
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Official DOL plan name: Promise Technology, Inc. 401(k) Profit Sharing Plan · Sponsored by Promise Technology, Inc. · California · Professional & Technical Services

$9M in assets, 11 participants

Promise Technology, Inc.'s Promise Technology, Inc. 401(k) Profit Sharing Plan reported $9M in total assets and 11 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #10,961 in Professional & Technical Services (20,321 peers)

Promise Technology, Inc. multi-year trail

Promise Technology, Inc.'s plans moved +16.1% in assets from 2022 to 2024; this filing shows Promise Technology, Inc. 401(k) Profit Sharing Plan at $9M / 11 participants.

#10,961
in Professional & Technical Services (20,321 peers)
+8.5%
assets growth YoY

Promise Technology, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Promise Technology, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$8,643,703 Top 45% higher than 55% 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

Promise Technology, Inc. 401(k) Profit Sharing 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. Promise Technology, Inc. 401(k) Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Promise Technology, Inc. 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $675K in the plan year 2023 filing.
  • Promise Technology, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Promise Technology, Inc. 401(k) Profit Sharing Plan reported participants fell from 12 in the plan year 2022 filing to 11 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 770203685 · Promise Technology, Inc. PY 2023 · 401(k)

Promise Technology, Inc. 401(k) Profit Sharing Plan · $9M · 11 · 55th

  • RANK $9M
  • RANK 11
  • RANK 55th
  • RANK 401(k)
  • RANK near Pride Transport 401(k) Plan
  • RANK ind #10961

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 California →

Promise Technology, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Promise Technology, Inc. 401(k) Profit Sharing PlanPromise Technology, Inc. 401…$9MPride Transport 401(k) Plan$9MBorroughs 401(k) Retirement Plan and TrustBorroughs 401(k) Retirement …$9MVrx, Inc. Retirement Trust$9MHi-Line Retirement and Savings PlanHi-Line Retirement and Savin…$9M
End-of-year total assets ($M) among Promise Technology, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Promise Technology, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Promise Technology, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 16.12347025619107% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M 202220232024 $7.97M $9.25M ▲ +16.1%
Year Plans Participants Total Assets
2022 1 12 $8M
2023 1 11 $9M
2024 1 11 $9M

Promise Technology, Inc. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$675K
Employer EIN770203685
Plan Effective Date1993-11-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Promise Technology, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Promise Technology, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.008643703 · Participants: 11Promise Technology, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Promise Technology, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Promise Technology, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Promise Technology, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Pride Transport 401(k) Plan in UT ($9M); by covered participants it is Bg Logistics, Inc. 401(k) Plan in FL (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Promise Technology, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Promise Technology, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 8.5% during 2023, from $8M to $9M. Reported net income was $675K.
How have Promise Technology, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Promise Technology, Inc.'s sponsor-wide assets grew 16.1%, from $8M to $9M.
Which 401(k) plans are similar in size to Promise Technology, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pride Transport 401(k) Plan in UT ($9M, 463 participants).
Which 401(k) plans cover a similar participant headcount to Promise Technology, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bg Logistics, Inc. 401(k) Plan in FL (11 participants, $3M 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 770203685.

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.