401(k) · DOL Form 5500 · 2022

But Simple Inc 401(k) Plan

Data updated 2026-08-25

$8K
Total assets Small plan by assets
1
Participants Small participant base
1st
Percentile by assets National rank
$7,994
Avg per participant Low balance/head
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Official DOL plan name: But Simple Inc 401(k) Profit Sharing Plan & Trust · Sponsored by But Simple Inc · California · Professional & Technical Services

$8K in assets, 1 participants

But Simple Inc's But Simple Inc 401(k) Profit Sharing Plan & Trust reported $8K in total assets and 1 participant in its 2022 DOL Form 5500 filing, ranking in the 1st 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.

  • #243 in Professional & Technical Services (21,562 peers)

But Simple Inc multi-year trail

But Simple Inc's plans moved +51.8% in assets from 2022 to 2024; this filing shows But Simple Inc 401(k) Profit Sharing Plan & Trust at $8K / 1 participant.

#243
in Professional & Technical Services (21,562 peers)
-71.1%
assets change YoY

The plan reported a net loss of $20K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

But Simple Inc 401(k) Profit Sharing Plan & Trust among the smaller filed plans by assets

But Simple Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,994 1st percentile higher than 1% of 139,123 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 2022

But Simple Inc 401(k) Profit Sharing Plan & Trust among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. But Simple Inc 401(k) Profit Sharing Plan & Trust is a micro filing (1 participant), the leftmost band.

Plan-year Form 5500 strip

Filing strip 571218730 · But Simple Inc PY 2022 · 401(k)

But Simple Inc 401(k) Profit Sharing Plan & Trust · $8K · 1 · 1st

  • BOY $8K
  • BOY 1
  • BOY 1st
  • BOY 401(k)
  • BOY near Mhcc, Inc. Retirement Plan
  • BOY ind #243

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 →

But Simple Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

But Simple Inc 401(k) Profit Sharing Plan & TrustBut Simple Inc 401(k) Profit…$8KMhcc, Inc. Retirement Plan$8KApplied Scientific Internation 401(k) Profit Sharing Plan & TrustApplied Scientific Internati…$8KK & M Crafts of Kentucky, Inc$8KGramercy Cleaners, Inc. 401(k) Profit Sharing PlanGramercy Cleaners, Inc. 401(…$8K
End-of-year total assets ($M) among But Simple Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

But Simple Inc multi-year asset trail

Sponsor-wide plan assets over time

All But Simple Inc plans reported in each filing year

Latest sponsor-wide plan assets
$12K 51.78884163122341% vs 2022
2024 filing year
$0.01M 202220232024 $0.01M $0.01M ▲ +0.0%
Year Plans Participants Total Assets
2022 1 1 $8K
2023 1 1 $9K
2024 1 1 $12K

But Simple Inc filing trail (2022)

Total Assets (Beginning of Year)$28K
Net Assets (End of Year)$8K
Net Income-$20K
Employer EIN571218730
Plan Effective Date2020-12-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

But Simple Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants But Simple Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.000007994 · Participants: 1But Simple Inc 401(k) Profit Sharing Plan & TrustWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
But Simple Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in California, assets vs. participants
Compare But Simple Inc 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

But Simple Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Mhcc, Inc. Retirement Plan in CO ($8K); by covered participants it is Kellow Corporation 401(k) Profit Sharing Plan in WI (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did But Simple Inc 401(k) Profit Sharing Plan & Trust assets move in 2022? ▼
But Simple Inc 401(k) Profit Sharing Plan & Trust contracted severely - down 71.1% during 2022, from $28K to $8K. Reported net income was -$20K.
How have But Simple Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), But Simple Inc's sponsor-wide assets grew 51.8%, from $8K to $12K.
Where does But Simple Inc 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
But Simple Inc 401(k) Profit Sharing Plan & Trust ranks in the 1st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to But Simple Inc 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Mhcc, Inc. Retirement Plan in CO ($8K, 2 participants).
Which 401(k) plans cover a similar participant headcount to But Simple Inc 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Kellow Corporation 401(k) Profit Sharing Plan in WI (1 participant, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 571218730.

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.