Profit Sharing · DOL Form 5500 · 2024

Precipart Corporation Profit Sharing Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
243
Participants Below avg headcount
80th
Percentile by assets National rank
$144,866
Avg per participant Above avg balance/head
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Official DOL plan name: Precipart 401(k) Profit Sharing Plan · Sponsored by Precipart Corporation · New York · Manufacturing

$35M in assets, 243 participants

Precipart Corporation's Precipart 401(k) Profit Sharing Plan reported $35M in total assets and 243 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #12,749 in Manufacturing (17,777 peers)

Coverage in New York

Precipart 401(k) Profit Sharing Plan covers 243 participants in New York, about 30% of the average New York filer (state average ~798 per filing). Assets: $35M.

#12,749
in Manufacturing (17,777 peers)
+13.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Precipart 401(k) Profit Sharing Plan's outsized position by total assets

Precipart 401(k) Profit Sharing Plan vs every filed plan by assets

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

$35,202,498 Top 20% higher than 80% 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

Precipart 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Precipart 401(k) Profit Sharing Plan sits mid-pack in the medium band (243 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Precipart 401(k) Profit Sharing Plan reported net income rose from -$839K in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Precipart 401(k) Profit Sharing Plan end-of-year assets rose from $31M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Precipart 401(k) Profit Sharing Plan reported participants fell from 248 in the plan year 2023 filing to 243 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 112501170 · Precipart Corporation PY 2024 · Profit Sharing

Precipart 401(k) Profit Sharing Plan · $35M · 243 · 80th

  • VS-ST $35M
  • VS-ST 243
  • VS-ST 80th
  • VS-ST Profit Sharing
  • VS-ST near Chenega Corporation Fringe Retirement Plan
  • VS-ST ind #12749

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 New York →

Precipart 401(k) Profit Sharing Plan in the asset neighbourhood

Chenega Corporation Fringe Retirement PlanChenega Corporation Fringe R…$35MPrecipart 401(k) Profit Sharing PlanPrecipart 401(k) Profit Shar…$35MSan Domenico School 403(b) Retirement PlanSan Domenico School 403(b) R…$35MThe Carroll School Retirement PlanThe Carroll School Retiremen…$35MPlanned Parenthood Great Northwest Hawaii Alaska Indiana Kentucky 403b Thrift PlanPlanned Parenthood Great Nor…$35M
End-of-year total assets ($M) among Precipart 401(k) Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$35M
Net Income$4M
Employer EIN112501170
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precipart Corporation)

Sponsor-wide plan assets over time

All Precipart Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$35M 10.308991161743245% vs 2022
2024 filing year
$30M$32M$34M$36M 202220232024 $31.9M $35.2M ▲ +10.3%
Year Plans Participants Total Assets
2022 1 243 $32M
2023 1 248 $31M
2024 1 243 $35M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Precipart 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Precipart 401(k) Profit Sharing Plan, Total assets ($B): 0.035202498 · Participants: 243Precipart 401(k) Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Precipart 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Precipart 401(k) Profit Sharing Plan side-by-side with 3 peers →

Precipart 401(k) Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Chenega Corporation Fringe Retirement Plan in AK ($35M); by covered participants it is Illinois Valley Economic Development Corporation Retirement Plan in IL (243 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (243 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 Precipart 401(k) Profit Sharing Plan assets move in 2024? ▼
Precipart 401(k) Profit Sharing Plan grew at a solid clip - up 13.3% during 2024, from $31M to $35M. Reported net income was $4M.
How have Precipart Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precipart Corporation's sponsor-wide assets grew 10.3%, from $32M to $35M.
Where does Precipart 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Precipart 401(k) Profit Sharing Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Precipart 401(k) Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Chenega Corporation Fringe Retirement Plan in AK ($35M, 1,953 participants).
Which Profit Sharing plans cover a similar participant headcount to Precipart 401(k) Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Illinois Valley Economic Development Corporation Retirement Plan in IL (243 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 112501170.

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.