401(k) · DOL Form 5500 · 2024

Precision Machine Works, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
77
Participants Small participant base
65th
Percentile by assets National rank
$200,281
Avg per participant Above avg balance/head
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Official DOL plan name: Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees · Sponsored by Precision Machine Works, Inc. · Washington · Manufacturing

$15M in assets, 77 participants

Precision Machine Works, Inc.'s Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees reported $15M in total assets and 77 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.

  • #9,450 in Manufacturing (17,777 peers)

Precision Machine Works, Inc. multi-year trail

Precision Machine Works, Inc.'s plans moved +43.3% in assets from 2022 to 2024; this filing shows Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees at $15M / 77 participants.

#9,450
in Manufacturing (17,777 peers)
+15.9%
assets growth YoY

Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees's mid-pack asset rank among Manufacturing and all filers

Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees vs every filed plan by assets

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

$15,421,675 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

Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees is a small filing (77 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees reported participants fell from 83 in the plan year 2023 filing to 77 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 910673472 · Precision Machine Works, Inc. PY 2024 · 401(k)

Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees · $15M · 77 · 65th

  • EBSA $15M
  • PART 77
  • TYPE 65th
  • NET 401(k)
  • BOOK near Cp Group 401(k) Plan
  • VS-ST ind #9450

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 Washington →

Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees in the asset neighbourhood

Verus Aerospace Precision Machine Works 401(k) Plan for Union EmployeesVerus Aerospace Precision Ma…$15MCp Group 401(k) Plan$15MJ. Taylor & Associates, LLC 401(k) PlanJ. Taylor & Associates, LLC …$15MThe Iris Group Inc. 401(k) Retirement Savings PlanThe Iris Group Inc. 401(k) R…$15MApplied Mechanical Systems, Inc. 401(k) Profit Sharing PlanApplied Mechanical Systems, …$15M
End-of-year total assets ($M) among Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Precision Machine Works, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Precision Machine Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 43.254619970609056% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $10.8M $15.4M ▲ +43.2%
Year Plans Participants Total Assets
2022 1 119 $11M
2023 1 83 $13M
2024 1 77 $15M

Precision Machine Works, Inc. filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN910673472
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Washington

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

Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees, Total assets ($B): 0.015421675 · Participants: 77Verus Aerospace Precision Machine Works 401(k) Plan for Union EmployeesThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees vs. nearby 401(k) plans in Washington, assets vs. participants

Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Cp Group 401(k) Plan in FL ($15M); by covered participants it is Winchester Emergency Physicians, P.C. 401(k) Profit Sharing Plan in PA (77 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (77 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 Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees assets move in 2024?
Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees grew sharply - up 15.9% during 2024, from $13M to $15M. Reported net income was $2M.
How have Precision Machine Works, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Precision Machine Works, Inc.'s sponsor-wide assets grew 43.3%, from $11M to $15M.
Which 401(k) plans are similar in size to Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees?
Among 401(k) plans in other states, the closest by assets is Cp Group 401(k) Plan in FL ($15M, 233 participants).
Which 401(k) plans cover a similar participant headcount to Verus Aerospace Precision Machine Works 401(k) Plan for Union Employees?
Among 401(k) plans in other states, the closest by covered participants is Winchester Emergency Physicians, P.C. 401(k) Profit Sharing Plan in PA (77 participants, N/A in assets).