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

SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN

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

SAFT AMERICA, INC.

This 401(k) plan holds $134M in total assets and serves 743 participants as of 2022. It is sponsored by SAFT AMERICA, INC. in Florida. The plan reported a net loss of $20M for the year.

Total Assets (2023)
$134M
Participants
743
State
Industry
Manufacturing

What the Filing Says About SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN

SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN is a 401(k) retirement plan sponsored by SAFT AMERICA, INC., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $134M in total end-of-year assets and covers 743 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 582209171, and the plan has been effective since 1980-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $154M at the beginning of 2022 to $134M at year-end — a decline of 13.0%. Net assets (after liabilities) closed the year at $134M, with reported net income of $-20,065,024 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)$154M
Total Assets (End of Year)$134M
Net Assets (End of Year)$134M
Net Income$-20,065,024
Plan Type401(k)
Employer EIN582209171
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SAFT AMERICA, INC.)

Year Plans Participants Total Assets
2022 1 743 $134M
2023 1 803 $149M
2024 1 887 $160M

Nearby 401(k) Plans in Florida

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

Frequently Asked Questions

How much money is in the SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN?
As of the 2022 Form 5500 filing, SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN holds $134M in total assets with 743 participants. It is sponsored by SAFT AMERICA, INC..
What type of plan is SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN?
SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN is a 401(k) plan. It has been effective since 1980-07-01. The plan is filed with the U.S. Department of Labor under EIN 582209171.
Who sponsors the SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN?
SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN is sponsored by SAFT AMERICA, INC., located in Florida. The sponsor's EIN is 582209171 and the plan operates in the Manufacturing industry.
How did SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN perform in 2022?
SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN declined by 13.0% during 2022, moving from $154M to $134M in total assets. Net income was $-20,065,024.
Where can I find official filings for SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN?
Official Form 5500 filings for SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 582209171 or plan name at efast.dol.gov.
How does SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN compare to other plans?
You can compare SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in Florida 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 582209171.

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 official public datasets. See our methodology for details.