401(k)
2022 plan-year 401(k) DOL Form 5500

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bacon Farmer Workman Retirement Plan · Kentucky · Professional & Technical Services

What the 2023 filing shows

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan holds $14M for 119 participants — about $118,279 per participant, down 11.9% over the 2022 plan year.

$14M
total plan assets (2022 EOY)
119
covered participants
$118,279
avg assets per participant
-11.9%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$14M
Participants
119
State
Industry
Professional & Technical Services

What the Filing Says About Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Bacon Farmer Workman Retirement Plan, headquartered in Kentucky. As of the 2022 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 119 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 611310314, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $16M at the beginning of 2022 to $14M at year-end — a decline of 11.9%. Net assets (after liabilities) closed the year at $14M, with reported net income of $-1,902,828 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$16M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$-1,902,828
Plan Type401(k)
Employer EIN611310314
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bacon Farmer Workman Retirement Plan)

Year Plans Participants Total Assets
2022 1 119 $14M
2023 1 137 $18M
2024 1 160 $23M

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Frequently Asked Questions

How much money is in the Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan holds $14M in total assets with 119 participants. It is sponsored by Bacon Farmer Workman Retirement Plan.
What type of plan is Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan?
Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan is a 401(k) plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 611310314.
Who sponsors the Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan?
Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan is sponsored by Bacon Farmer Workman Retirement Plan, located in Kentucky. The sponsor's EIN is 611310314 and the plan operates in the Professional & Technical Services industry.
How did Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan perform in 2022?
Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan declined by 11.9% during 2022, moving from $16M to $14M in total assets. Net income was $-1,902,828.
Where can I find official filings for Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan?
Official Form 5500 filings for Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 611310314 or plan name at efast.dol.gov.
How does Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan compare to other plans?
You can compare Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan against other 401(k) plans on the plan type page, or view plans in Kentucky on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 611310314.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.