401(k) · DOL Form 5500 · 2024

Precision Fabrics Group, Inc. 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
453
Participants Below avg headcount
81st
Percentile by assets National rank
$83,311
Avg per participant Below avg balance/head
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Official DOL plan name: Precision Fabrics Group, Inc. 401(k) Plan · Sponsored by Precision Fabrics Group, Inc. · North Carolina · Manufacturing

$38M in assets, 453 participants

Precision Fabrics Group, Inc.'s Precision Fabrics Group, Inc. 401(k) Plan reported $38M in total assets and 453 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #12,965 in Manufacturing (17,777 peers)

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

Precision Fabrics Group, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $38M for 453 participants (~$83,311/participant), up 0.8% in 2024.

#12,965
in Manufacturing (17,777 peers)
+0.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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

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

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

$37,739,697 Top 19% higher than 81% 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 Fabrics Group, Inc. 401(k) 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. Precision Fabrics Group, Inc. 401(k) Plan sits mid-pack in the medium band (453 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Precision Fabrics Group, Inc. 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $293K in the plan year 2024 filing.
  • Precision Fabrics Group, Inc. 401(k) Plan reported participants fell from 508 in the plan year 2023 filing to 453 in the plan year 2024 filing.
  • Precision Fabrics Group, Inc. 401(k) Plan end-of-year assets rose from $37M in the plan year 2023 filing to $38M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 561595882 · Precision Fabrics Group, Inc. PY 2024 · 401(k)

Precision Fabrics Group, Inc. 401(k) Plan · $38M · 453 · 81st

  • PHOTO $38M
  • PHOTO 453
  • PHOTO 81st
  • PHOTO 401(k)
  • PHOTO near Eam-Mosca Corporation 401(k) Plan
  • PHOTO ind #12965

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 North Carolina →

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

Precision Fabrics Group, Inc. 401(k) PlanPrecision Fabrics Group, Inc…$38MEam-Mosca Corporation 401(k) PlanEam-Mosca Corporation 401(k)…$38MMidwest Banc Holding Company 401(k) and Profit Sharing PlanMidwest Banc Holding Company…$38MIec Members Savings Plan$38MBoyd Corporation Inc. (Woburn Inc.) 401(k) PlanBoyd Corporation Inc. (Wobur…$38M
End-of-year total assets ($M) among Precision Fabrics Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$38M
Net Income$293K
Employer EIN561595882
Plan Effective Date1988-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Fabrics Group, Inc.)

Sponsor-wide plan assets over time

All Precision Fabrics Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$38M 13.358608240678297% vs 2022
2024 filing year
$32M$34M$36M$38M$40M 202220232024 $33.3M $37.7M ▲ +13.4%
Year Plans Participants Total Assets
2022 1 518 $33M
2023 1 508 $37M
2024 1 453 $38M

Nearby 401(k) Plans in North Carolina

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

Precision Fabrics Group, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Precision Fabrics Group, Inc. 401(k) Plan, Total assets ($B): 0.037739697 · Participants: 453Precision Fabrics Group, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Precision Fabrics Group, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Precision Fabrics Group, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Eam-Mosca Corporation 401(k) Plan in PA ($38M); by covered participants it is Klinger Companies, L.L.C. 401(k) Plan in IA (453 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (453 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 Fabrics Group, Inc. 401(k) Plan assets move in 2024? ▼
Precision Fabrics Group, Inc. 401(k) Plan held essentially flat - up 0.8% during 2024, from $37M to $38M. Reported net income was $293K.
How have Precision Fabrics Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision Fabrics Group, Inc.'s sponsor-wide assets grew 13.4%, from $33M to $38M.
Where does Precision Fabrics Group, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Precision Fabrics Group, Inc. 401(k) Plan ranks in the 81st 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 401(k) plans are similar in size to Precision Fabrics Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eam-Mosca Corporation 401(k) Plan in PA ($38M, 230 participants).
Which 401(k) plans cover a similar participant headcount to Precision Fabrics Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Klinger Companies, L.L.C. 401(k) Plan in IA (453 participants, $70M 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 561595882.

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.