401(k) · DOL Form 5500 · 2023

Precision, Inc. 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
823
Participants Near avg headcount
85th
Percentile by assets National rank
$58,456
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Precision, Inc. 401(k) Plan · Sponsored by Precision, Inc. · Iowa · Manufacturing

$48M in assets, 823 participants

Precision, Inc.'s Precision, Inc. 401(k) Plan reported $48M in total assets and 823 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,714 in Manufacturing (18,722 peers)

Where Precision, Inc. 401(k) Plan sits by assets

Precision, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $48M for 823 participants (~$58,456/participant), up 28.0% in 2023.

#14,714
in Manufacturing (18,722 peers)
+28.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Precision, Inc. 401(k) Plan's outsized position by total assets

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

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

$48,109,479 Top 15% higher than 85% 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, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Precision, Inc. 401(k) Plan sits mid-pack in the medium band (823 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precision, Inc. 401(k) Plan reported net income rose from -$126K in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Precision, Inc. 401(k) Plan end-of-year assets rose from $38M in the plan year 2022 filing to $48M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 421089098 · Precision, Inc. PY 2023 · 401(k)

Precision, Inc. 401(k) Plan · $48M · 823 · 85th

  • NET $48M
  • BOOK 823
  • VS-ST 85th
  • BOY 401(k)
  • SCH near Sagitec Retirement Savings Plan
  • EBSA ind #14714

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 Iowa →

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

Arrow Exterminators, Inc. 401(k) PlanArrow Exterminators, Inc. 40…$48MPrecision, Inc. 401(k) Plan$48MSagitec Retirement Savings PlanSagitec Retirement Savings P…$48MW. T. Walker Group, Inc. 401(k) Personal Savings PlanW. T. Walker Group, Inc. 401…$48MI.D. Care, LLC 401(k) Plan$48M
End-of-year total assets ($M) among Precision, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$48M
Net Income$11M
Employer EIN421089098
Plan Effective Date1983-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision, Inc.)

Sponsor-wide plan assets over time

All Precision, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$534M 21.308733039619284% vs 2022
2024 filing year
$400M$450M$500M$550M 202220232024 $440M $534M ▲ +21.3%
Year Plans Participants Total Assets
2022 2 1,460 $440M
2023 2 1,490 $486M
2024 2 1,450 $534M

Nearby 401(k) Plans in Iowa

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

Precision, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Precision, Inc. 401(k) Plan, Total assets ($B): 0.048109479 · Participants: 823Precision, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Precision, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Precision, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Sagitec Retirement Savings Plan in MN ($48M); by covered participants it is Viking Group, Inc. Savings and Retirement Plan in MI (823 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (823 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, Inc. 401(k) Plan assets move in 2023? ▼
Precision, Inc. 401(k) Plan grew sharply - up 28.0% during 2023, from $38M to $48M. Reported net income was $11M.
How have Precision, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision, Inc.'s sponsor-wide assets grew 21.3%, from $440M to $534M.
Where does Precision, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Precision, Inc. 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Precision, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sagitec Retirement Savings Plan in MN ($48M, 374 participants).
Which 401(k) plans cover a similar participant headcount to Precision, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Viking Group, Inc. Savings and Retirement Plan in MI (823 participants, $111M 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 421089098.

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.