401(k) · DOL Form 5500 · 2024

First Protocol, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
465
Participants Below avg headcount
76th
Percentile by assets National rank
$59,325
Avg per participant Low balance/head
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Official DOL plan name: First 401(k) Plan · Sponsored by First Protocol, Inc. · New York · Administrative & Support Services

$28M in assets, 465 participants

First Protocol, Inc.'s First 401(k) Plan reported $28M in total assets and 465 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #3,831 in Administrative & Support Services (4,368 peers)

Where First 401(k) Plan sits by assets

First 401(k) Plan sits in the top quartile of all filed plans by assets, $28M for 465 participants (~$59,325/participant), up 28.7% in 2024.

#3,831
in Administrative & Support Services (4,368 peers)
+28.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First 401(k) Plan's outsized position by total assets

First 401(k) Plan vs every filed plan by assets

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

$27,585,904 Top 24% higher than 76% 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

First 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. First 401(k) Plan sits mid-pack in the medium band (465 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • First 401(k) Plan reported participants fell from 546 in the plan year 2023 filing to 465 in the plan year 2024 filing.
  • First 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 201231125 · First Protocol, Inc. PY 2024 · 401(k)

First 401(k) Plan · $28M · 465 · 76th

  • IND $28M
  • IND 465
  • IND 76th
  • IND 401(k)
  • IND near Doug Veerkamp General Engineering, Inc. 401(k) Plan
  • IND ind #3831

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 Administrative & Support Services retirement plans → · Plans in New York →

First 401(k) Plan in the asset neighbourhood

First 401(k) Plan$28MDoug Veerkamp General Engineering, Inc. 401(k) PlanDoug Veerkamp General Engine…$28MPie Insurance 401(k) Plan$28MRobert Madden Industries, Ltd. 401(k) PlanRobert Madden Industries, Lt…$28MVitalcaring Group 401(k) Plan$28M
End-of-year total assets ($M) among First 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)$21M
Net Assets (End of Year)$28M
Net Income$6M
Employer EIN201231125
Plan Effective Date2007-02-26
Filing StatusFILING RECEIVED

Sponsor Plan History (First Protocol, Inc.)

Sponsor-wide plan assets over time

All First Protocol, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 82.91268882455677% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $15.1M $27.6M ▲ +83.0%
Year Plans Participants Total Assets
2022 1 307 $15M
2023 1 546 $21M
2024 1 465 $28M

Nearby 401(k) Plans in New York

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

First 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants First 401(k) Plan, Total assets ($B): 0.027585904 · Participants: 465First 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
First 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

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

Outside New York, the nearest 401(k) by assets is Doug Veerkamp General Engineering, Inc. 401(k) Plan in CA ($28M); by covered participants it is Plan De Ahorro Empleados Island Finance in PR (465 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (465 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 First 401(k) Plan assets move in 2024?
First 401(k) Plan grew sharply - up 28.7% during 2024, from $21M to $28M. Reported net income was $6M.
How have First Protocol, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), First Protocol, Inc.'s sponsor-wide assets grew 82.9%, from $15M to $28M.
Where does First 401(k) Plan rank by assets among Form 5500 filers?
First 401(k) Plan ranks in the 76th 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 First 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Doug Veerkamp General Engineering, Inc. 401(k) Plan in CA ($28M, 165 participants).
Which 401(k) plans cover a similar participant headcount to First 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Plan De Ahorro Empleados Island Finance in PR (465 participants, $12M in assets).