401(k) · DOL Form 5500 · 2024
Preferred Credit, Inc. 401(k) Plan
Data updated 2026-08-25
- $22M
- Total assets Small plan by assets
- 243
- Participants Below avg headcount
- 72nd
- Percentile by assets National rank
- $89,660
- Avg per participant Below avg balance/head
Official DOL plan name: Preferred Credit, Inc. Retirement Savings Plan · Sponsored by Preferred Credit, Inc. · Minnesota · Finance & Insurance
$22M in assets, 243 participants
Preferred Credit, Inc.'s Preferred Credit, Inc. Retirement Savings Plan reported $22M in total assets and 243 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.
- #4,908 in Finance & Insurance (8,549 peers)
Coverage in Minnesota
Preferred Credit, Inc. Retirement Savings Plan covers 243 participants in Minnesota, about 22% of the average Minnesota filer (state average ~1,126 per filing). Assets: $22M.
- #4,908
- in Finance & Insurance (8,549 peers)
- +24.8%
- assets growth YoY
Preferred Credit, Inc. Retirement Savings Plan's outsized position by total assets
Preferred Credit, Inc. Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$21,787,286 Top 28% higher than 72% 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
Preferred Credit, Inc. Retirement Savings 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. Preferred Credit, Inc. Retirement Savings Plan sits mid-pack in the medium band (243 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Preferred Credit, Inc. Retirement Savings Plan end-of-year assets rose from $17M in the plan year 2023 filing to $22M in the plan year 2024 filing.
- Preferred Credit, Inc. Retirement Savings Plan reported net income rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 411643940 · Preferred Credit, Inc. PY 2024 · 401(k)
Preferred Credit, Inc. Retirement Savings Plan · $22M · 243 · 72nd
- 5500 $22M
- ASSETS 243
- PCT 72nd
- EIN 401(k)
- RANK near Wilson Electric 401(k) Plan
- PHOTO ind #4908
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 Finance & Insurance retirement plans → · Plans in Minnesota →
Preferred Credit, Inc. Retirement Savings Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | $4M |
| Employer EIN | 411643940 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Preferred Credit, Inc.)
Sponsor-wide plan assets over time
All Preferred Credit, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $22M 60.864660380079215% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 212 | $14M |
| 2023 | 1 | 241 | $17M |
| 2024 | 1 | 243 | $22M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Preferred Credit, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Wilson Electric 401(k) Plan in AZ ($22M); by covered participants it is Validatek Retirement Savings Plan in VA (243 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($22M here).
- Wilson Electric 401(k) Plan (AZ) $22M · 719
- Brainpop 401(k) Plan (NY) $22M · 230
- Quality Integrated Services, Inc. 401(k) Plan (OK) $22M · 563
- Tube Processing Corp. Employees' 401(k) Savings Plan (IN) $22M · 125
Similar participant headcount
Nearest other-state filings by covered participants (243 participants); asset peers above are excluded.
- Validatek Retirement Savings Plan (VA) 243 · 0 off
- Electronic Systems Inc. 401(k) Profit Sharing Plan (SD) 243 · 0 off
- Presidio Components, Inc. 401(k) Profit Sharing Plan (CA) 243 · 0 off
- Barry Isett & Associates Inc 401(k) Ps Plan (PA) 243 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.