401(k) · DOL Form 5500 · 2024

First Principles, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
13
Participants Small participant base
65th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
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Official DOL plan name: First Principles, Inc. 401(k) Plan · Sponsored by First Principles, Inc. · Virginia · Professional & Technical Services

$15M in assets, 13 participants

First Principles, Inc.'s First Principles, Inc. 401(k) Plan reported $15M in total assets and 13 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #12,885 in Professional & Technical Services (20,173 peers)

First Principles, Inc. multi-year trail

First Principles, Inc.'s plans moved +54.9% in assets from 2022 to 2024; this filing shows First Principles, Inc. 401(k) Plan at $15M / 13 participants.

#12,885
in Professional & Technical Services (20,173 peers)
+17.0%
assets growth YoY

First Principles, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

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

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

$15,221,588 Top 35% higher than 65% 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 Principles, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Principles, Inc. 401(k) Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Principles, Inc. 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • First Principles, Inc. 401(k) Plan end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • First Principles, Inc. 401(k) Plan reported participants rose from 12 in the plan year 2023 filing to 13 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 201335494 · First Principles, Inc. PY 2024 · 401(k)

First Principles, Inc. 401(k) Plan · $15M · 13 · 65th

  • IND $15M
  • EOY 13
  • 5500 65th
  • ASSETS 401(k)
  • PCT near Manati Medical Center Retirement Plan
  • EIN ind #12885

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 Professional & Technical Services retirement plans → · Plans in Virginia →

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

First Principles, Inc. 401(k) PlanFirst Principles, Inc. 401(k…$15MManati Medical Center Retirement PlanManati Medical Center Retire…$15MCoastal Horizons Center, Inc. Profit Sharing PlanCoastal Horizons Center, Inc…$15MMoxiworks 401(k) Plan$15MGuardian News and Media, LLC 401(k) PlanGuardian News and Media, LLC…$15M
End-of-year total assets ($M) among First Principles, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

First Principles, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$15M 54.86155020994167% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.83M $15.2M ▲ +54.8%
Year Plans Participants Total Assets
2022 1 13 $10M
2023 1 12 $13M
2024 1 13 $15M

First Principles, Inc. filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN201335494
Plan Effective Date2004-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

First Principles, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First Principles, Inc. 401(k) Plan, Total assets ($B): 0.015221588 · Participants: 13First Principles, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
First Principles, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare First Principles, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Manati Medical Center Retirement Plan in PR ($15M); by covered participants it is Kaspien Inc. 401(k) Plan in WA (13 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Principles, Inc. 401(k) Plan assets move in 2024? ▼
First Principles, Inc. 401(k) Plan grew sharply - up 17.0% during 2024, from $13M to $15M. Reported net income was $2M.
How have First Principles, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Principles, Inc.'s sponsor-wide assets grew 54.9%, from $10M to $15M.
Which 401(k) plans are similar in size to First Principles, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Manati Medical Center Retirement Plan in PR ($15M, 2,142 participants).
Which 401(k) plans cover a similar participant headcount to First Principles, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kaspien Inc. 401(k) Plan in WA (13 participants, N/A 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 201335494.

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.