First Preston Management, Inc. 401(k) Plan: Login, Facts & Contact Information

First Preston Management, Inc. 401(k) Plan Facts

Plan name
FIRST PRESTON MANAGEMENT, INC. PROFIT SHARING & 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FIRST PRESTON MANAGEMENT, INC.
Participants
42 (13 active employees)
Plan assets
$5,139,327 at Dec 31, 2022
Average account balance
$131,778 across 39 accounts
Employer contributions
$21,623 in plan year 2022 (33% of all contributions)
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1992
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Jul 25, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $65,343 went into the plan in contributions, $21,623 of it from the employer (33%).
  • $185,865 was paid out to participants.

How the First Preston Management, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201799$5.56 million$51,371$1.53 million
201878$4.54 million$36,153$806,467
201966$4.77 million$33,360$724,273
202057$5.43 million$35,346$196,092
202143$6.36 million$31,973$33,095
202242$5.14 million$21,623$185,865

First Preston Management, Inc. 401(k) Contact Information

Phone
972-419-5440
Mailing address
2525 KNIGHT STREET SUITE 450, DALLAS TX 75219
Plan sponsor
FIRST PRESTON MANAGEMENT, INC.
Plan administrator
FIDUCIARY CONSULTING GROUP, INC
Employer identification number (EIN)
75-2339288
Plan number
001

Questions about the First Preston Management, Inc. 401(k)

Does First Preston Management, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $21,623, 33% of all contributions.

Does the First Preston Management, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the First Preston Management, Inc 401(k) plan?

42 participants at the start of plan year 2022, 13 of them active employees.

What is the average 401(k) balance at First Preston Management, Inc?

About $131,778 per account: $5.14 million in plan assets across 39 accounts with a balance at the end of plan year 2022.

Who manages the First Preston Management, Inc 401(k) accounts?

NATIONAL BENEFIT SERVICES, LLC is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at First Preston Management, Inc. How do I access my 401(k)?

Your account stays with NATIONAL BENEFIT SERVICES, LLC after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 500 SOUTH MINNESOTA AVENUE, SIOUX FALLS, SD, 57104
Headquarter: 630 9TH AVE. SUITE 310, NEW YORK, NY, 10036
Headquarter: 525 SOUTH TRYON STREET, CHARLOTTE, NC, 28202
Headquarter: 100 VANGUARD BOULEVARD, MALVERN, PA, 19355
Headquarter: 9800 FREDERICKSBURG ROAD, D 01 W, SAN ANTONIO, TX, 782884002