401(k) · DOL Form 5500 · 2024

Precision Tool Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
24
Participants Small participant base
35th
Percentile by assets National rank
$130,617
Avg per participant Near avg balance/head
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Official DOL plan name: Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan · Sponsored by Precision Tool Technologies, Inc. · Minnesota · Manufacturing

$3M in assets, 24 participants

Precision Tool Technologies, Inc.'s Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan reported $3M in total assets and 24 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,224 in Manufacturing (17,777 peers)

Precision Tool Technologies, Inc. multi-year trail

Precision Tool Technologies, Inc.'s plans moved +61.3% in assets from 2022 to 2024; this filing shows Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan at $3M / 24 participants.

#3,224
in Manufacturing (17,777 peers)
+24.5%
assets growth YoY

Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,134,818 35th percentile higher than 35% of 123,620 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 2024

Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan reported net income rose from $575K in the plan year 2023 filing to $617K in the plan year 2024 filing.
  • Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan reported participants rose from 23 in the plan year 2023 filing to 24 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411761732 · Precision Tool Technologies, Inc. PY 2024 · 401(k)

Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan · $3M · 24 · 35th

  • BOY $3M
  • SCH 24
  • EBSA 35th
  • PART 401(k)
  • TYPE near Ciconix, LLC 401(k) Plan
  • NET ind #3224

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 Minnesota →

Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan in the asset neighbourhood

Precision Tool Technologies, Inc. Profit Sharing 401(k) PlanPrecision Tool Technologies,…$3MCiconix, LLC 401(k) Plan$3MZwi Group LLC Retirement Plan$3MPeerforward 401(k) Profit Sharing Plan & TrustPeerforward 401(k) Profit Sh…$3MLincoln Hills Development Corporation Profit Sharing PlanLincoln Hills Development Co…$3M
End-of-year total assets ($M) among Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Precision Tool Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Precision Tool Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 61.33765170351057% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $1.94M $3.13M ▲ +61.3%
Year Plans Participants Total Assets
2022 1 24 $2M
2023 1 23 $3M
2024 1 24 $3M

Precision Tool Technologies, Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$617K
Employer EIN411761732
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan, Total assets ($B): 0.003134818 · Participants: 24Precision Tool Technologies, Inc. Profit Sharing 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Ciconix, LLC 401(k) Plan in MD ($3M); by covered participants it is Dog House Ventures, Inc. 401(k) Plan in DE (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan assets move in 2024?
Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan grew sharply - up 24.5% during 2024, from $3M to $3M. Reported net income was $617K.
How have Precision Tool Technologies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Precision Tool Technologies, Inc.'s sponsor-wide assets grew 61.3%, from $2M to $3M.
Which 401(k) plans are similar in size to Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ciconix, LLC 401(k) Plan in MD ($3M, 100 participants).
Which 401(k) plans cover a similar participant headcount to Precision Tool Technologies, Inc. Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Dog House Ventures, Inc. 401(k) Plan in DE (24 participants, $907K in assets).