401(k) · DOL Form 5500 · 2022

Microfinancial, Incorporated 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
218
Participants Below avg headcount
65th
Percentile by assets National rank
$46,998
Avg per participant Low balance/head
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Official DOL plan name: Microfinancial, Incorporated 401(k) Profit Sharing Plan · Sponsored by Microfinancial, Incorporated · Massachusetts · Real Estate

$10M in assets, 218 participants

Microfinancial, Incorporated's Microfinancial, Incorporated 401(k) Profit Sharing Plan reported $10M in total assets and 218 participants in its 2022 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.

  • #4,074 in Real Estate (5,057 peers)

Coverage in Massachusetts

Microfinancial, Incorporated 401(k) Profit Sharing Plan covers 218 participants in Massachusetts, about 33% of the average Massachusetts filer (state average ~659 per filing). Assets: $10M.

#4,074
in Real Estate (5,057 peers)
-5.4%
assets change YoY

The plan reported a net loss of $586K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Microfinancial, Incorporated 401(k) Profit Sharing Plan's mid-pack asset rank among Real Estate and all filers

Microfinancial, Incorporated 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,245,481 Top 35% higher than 65% 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

Microfinancial, Incorporated 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Microfinancial, Incorporated 401(k) Profit Sharing Plan sits mid-pack in the medium band (218 participants).

Form 5500 schedule snapshot

Filing strip 042962824 · Microfinancial, Incorporated PY 2022 · 401(k)

Microfinancial, Incorporated 401(k) Profit Sharing Plan · $10M · 218 · 65th

  • VS-ST $10M
  • VS-ST 218
  • VS-ST 65th
  • VS-ST 401(k)
  • VS-ST near Makai Hr Retirement Plan
  • VS-ST ind #4074

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 Real Estate retirement plans → · Plans in Massachusetts →

Microfinancial, Incorporated 401(k) Profit Sharing Plan in the asset neighbourhood

Microfinancial, Incorporated 401(k) Profit Sharing PlanMicrofinancial, Incorporated…$10MMakai Hr Retirement Plan$10MTes 401(k) Plan$10MSouthland Concrete Corporation 401(k) PlanSouthland Concrete Corporati…$10MOptimum Hit LLC 401(k) Profit Sharing Plan & TrustOptimum Hit LLC 401(k) Profi…$10M
End-of-year total assets ($M) among Microfinancial, Incorporated 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$586K
Employer EIN042962824
Plan Effective Date1998-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Microfinancial, Incorporated)

Sponsor-wide plan assets over time

All Microfinancial, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$12M 14.874587147250578% vs 2022
2024 filing year
$9M$10M$11M$12M$13M$14M 202220232024 $10.3M $11.8M ▲ +14.8%
Year Plans Participants Total Assets
2022 1 218 $10M
2023 1 266 $13M
2024 1 215 $12M

Nearby 401(k) Plans in Massachusetts

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

Microfinancial, Incorporated 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Microfinancial, Incorporated 401(k) Profit Sharing Plan, Total assets ($B): 0.010245481 · Participants: 218Microfinancial, Incorporated 401(k) Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Microfinancial, Incorporated 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Microfinancial, Incorporated 401(k) Profit Sharing Plan side-by-side with 3 peers →

Microfinancial, Incorporated 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Makai Hr Retirement Plan in HI ($10M); by covered participants it is Identity Management Services Organization, LLC 401(k) Plan in CA (218 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (218 participants); 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 Microfinancial, Incorporated 401(k) Profit Sharing Plan assets move in 2022? ▼
Microfinancial, Incorporated 401(k) Profit Sharing Plan pulled back noticeably - down 5.4% during 2022, from $11M to $10M. Reported net income was -$586K.
How have Microfinancial, Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Microfinancial, Incorporated's sponsor-wide assets grew 14.9%, from $10M to $12M.
Which 401(k) plans are similar in size to Microfinancial, Incorporated 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Makai Hr Retirement Plan in HI ($10M, 588 participants).
Which 401(k) plans cover a similar participant headcount to Microfinancial, Incorporated 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Identity Management Services Organization, LLC 401(k) Plan in CA (218 participants, $5M 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 042962824.

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.