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

Canvas 401(k) Plan

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

Sponsored by Canvas Solutions Inc. · Virginia · Professional & Technical Services

What the 2023 filing shows

Canvas 401(k) Plan holds $6M for 149 participants — about $41,367 per participant, up 17.9% over the 2022 plan year.

$6M
total plan assets (2022 EOY)
149
covered participants
$41,367
avg assets per participant
+17.9%
assets growth YoY
Total Assets (2023)
$6M
Participants
149
State
Industry
Professional & Technical Services

What the Filing Says About Canvas 401(k) Plan

Canvas 401(k) Plan is a 401(k) retirement plan sponsored by Canvas Solutions Inc., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 149 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 263250244, and the plan has been effective since 2017-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2022 to $6M at year-end — a gain of 17.9%. Net assets (after liabilities) closed the year at $6M, with reported net income of $29K 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)$5M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$29K
Plan Type401(k)
Employer EIN263250244
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canvas Solutions Inc.)

Year Plans Participants Total Assets
2022 1 149 $6M
2023 1 162 $8M
2024 1 122 N/A

Nearby 401(k) Plans in Virginia

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

Frequently Asked Questions

How much money is in the Canvas 401(k) Plan?
As of the 2022 Form 5500 filing, Canvas 401(k) Plan holds $6M in total assets with 149 participants. It is sponsored by Canvas Solutions Inc..
What type of plan is Canvas 401(k) Plan?
Canvas 401(k) Plan is a 401(k) plan. It has been effective since 2017-01-01. The plan is filed with the U.S. Department of Labor under EIN 263250244.
Who sponsors the Canvas 401(k) Plan?
Canvas 401(k) Plan is sponsored by Canvas Solutions Inc., located in Virginia. The sponsor's EIN is 263250244 and the plan operates in the Professional & Technical Services industry.
How did Canvas 401(k) Plan perform in 2022?
Canvas 401(k) Plan grew by 17.9% during 2022, moving from $5M to $6M in total assets. Net income was $29K.
Where can I find official filings for Canvas 401(k) Plan?
Official Form 5500 filings for Canvas 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 263250244 or plan name at efast.dol.gov.
How does Canvas 401(k) Plan compare to other plans?
You can compare Canvas 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia 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 263250244.

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.