401(k) · DOL Form 5500 · 2024

Promise Technology, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
11
Participants Small participant base
54th
Percentile by assets National rank
$841,243
Avg per participant High balance/head
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Official DOL plan name: Promise Technology, Inc. 401(k) Profit Sharing Plan · Sponsored by Promise Technology, Inc. · California · Professional & Technical Services

$9M in assets, 11 participants

Promise Technology, Inc.'s Promise Technology, Inc. 401(k) Profit Sharing Plan reported $9M in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 54th 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.

  • #10,551 in Professional & Technical Services (20,173 peers)

Promise Technology, Inc. multi-year trail

Promise Technology, Inc.'s plans moved +16.1% in assets from 2022 to 2024; this filing shows Promise Technology, Inc. 401(k) Profit Sharing Plan at $9M / 11 participants.

#10,551
in Professional & Technical Services (20,173 peers)
+7.1%
assets growth YoY

Promise Technology, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Promise Technology, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$9,253,668 Top 46% higher than 54% 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

Promise Technology, Inc. 401(k) Profit Sharing 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. Promise Technology, Inc. 401(k) Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Promise Technology, Inc. 401(k) Profit Sharing Plan reported net income fell from $675K in the plan year 2023 filing to $610K in the plan year 2024 filing.
  • Promise Technology, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 770203685 · Promise Technology, Inc. PY 2024 · 401(k)

Promise Technology, Inc. 401(k) Profit Sharing Plan · $9M · 11 · 54th

  • ASSETS $9M
  • PCT 11
  • EIN 54th
  • RANK 401(k)
  • PHOTO near Mechanical Engineering and Construction 401(k) Plan
  • IND ind #10551

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 California →

Promise Technology, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Promise Technology, Inc. 401(k) Profit Sharing PlanPromise Technology, Inc. 401…$9MMechanical Engineering and Construction 401(k) PlanMechanical Engineering and C…$9MEnglewood Healthcare Enterprises, Inc. 401(k) PlanEnglewood Healthcare Enterpr…$9MK-N Companies 401(k) Plan$9MWorkhorse Technologies, Inc. 401(k) PlanWorkhorse Technologies, Inc.…$9M
End-of-year total assets ($M) among Promise Technology, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Promise Technology, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Promise Technology, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 16.12347025619107% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M 202220232024 $7.97M $9.25M ▲ +16.1%
Year Plans Participants Total Assets
2022 1 12 $8M
2023 1 11 $9M
2024 1 11 $9M

Promise Technology, Inc. filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income$610K
Employer EIN770203685
Plan Effective Date1993-11-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Promise Technology, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Promise Technology, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.009253668 · Participants: 11Promise Technology, Inc. 401(k) Profit Sharing PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Promise Technology, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Promise Technology, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Promise Technology, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Mechanical Engineering and Construction 401(k) Plan in MD ($9M); by covered participants it is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (11 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Promise Technology, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Promise Technology, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 7.1% during 2024, from $9M to $9M. Reported net income was $610K.
How have Promise Technology, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Promise Technology, Inc.'s sponsor-wide assets grew 16.1%, from $8M to $9M.
Which 401(k) plans are similar in size to Promise Technology, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mechanical Engineering and Construction 401(k) Plan in MD ($9M, 147 participants).
Which 401(k) plans cover a similar participant headcount to Promise Technology, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (11 participants, $2M 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 770203685.

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.