Profit Sharing · DOL Form 5500 · 2024
Precipart Corporation Profit Sharing Plan
Data updated 2026-08-11
- $35M
- Total assets
- 243
- Participants
- 80th
- Percentile by assets
- $144,866
- Avg per participant
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.
- 80th percentile by assets (of 123,622 plans)
- #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.
- $35M
- total plan assets (2024 EOY)
- 243
- covered participants
- 80th
- percentile by assets (of 123,622 plans)
- $144,866
- avg assets per participant
Where Precipart 401(k) Profit Sharing Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Precipart 401(k) Profit Sharing Plan reports 243 participants - about 30% of that state average ($35M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $31M |
|---|---|
| Net Assets (End of Year) | $35M |
| Net Income | $4M |
| Employer EIN | 112501170 |
| Plan Effective Date | 1960-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Precipart Corporation)
| 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
- Annuity Plan of the Electrical Industry $2.3B · 18,200
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
- The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
- Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Precipart 401(k) Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Precipart 401(k) Profit Sharing Plan assets move in 2024? ▼
How have Precipart Corporation plan assets changed over time? ▼
Where does Precipart 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Precipart 401(k) Profit Sharing Plan? ▼
Next read for Precipart 401(k) Profit Sharing Plan
Filing takeaways
Ways to act on Precipart 401(k) Profit Sharing Plan's numbers.
- By total assets, Precipart 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Precipart Corporation's sponsor-wide assets have grown 10.3% since 2022 across 3 plan years on file. More Manufacturing plans