401(k) · DOL Form 5500 · 2022

Canfield Scientific, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
215
Participants Below avg headcount
83rd
Percentile by assets National rank
$141,740
Avg per participant Near avg balance/head
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Official DOL plan name: Canfield Scientific, Inc. Profit Sharing 401(k) Plan · Sponsored by Canfield Scientific, Inc. · New Jersey · Information & Media

$30M in assets, 215 participants

Canfield Scientific, Inc.'s Canfield Scientific, Inc. Profit Sharing 401(k) Plan reported $30M in total assets and 215 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #2,208 in Information & Media (2,911 peers)

Coverage in New Jersey

Canfield Scientific, Inc. Profit Sharing 401(k) Plan covers 215 participants in New Jersey, about 25% of the average New Jersey filer (state average ~844 per filing). Assets: $30M.

#2,208
in Information & Media (2,911 peers)
-13.8%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Canfield Scientific, Inc. Profit Sharing 401(k) Plan's outsized position by total assets

Canfield Scientific, Inc. Profit Sharing 401(k) Plan vs every filed plan by assets

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

$30,474,094 Top 17% higher than 83% 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

Canfield Scientific, Inc. Profit Sharing 401(k) 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. Canfield Scientific, Inc. Profit Sharing 401(k) Plan sits mid-pack in the medium band (215 participants).

EBSA filing schedule strip

Filing strip 222938062 · Canfield Scientific, Inc. PY 2022 · 401(k)

Canfield Scientific, Inc. Profit Sharing 401(k) Plan · $30M · 215 · 83rd

  • RANK $30M
  • RANK 215
  • RANK 83rd
  • RANK 401(k)
  • RANK near Independence Energy Management, LLC 401(k) Plan
  • RANK ind #2208

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 Information & Media retirement plans → · Plans in New Jersey →

Canfield Scientific, Inc. Profit Sharing 401(k) Plan in the asset neighbourhood

Eli Research, LLC Profit Sharing Plan and TrustEli Research, LLC Profit Sha…$30MCanfield Scientific, Inc. Profit Sharing 401(k) PlanCanfield Scientific, Inc. Pr…$30MIndependence Energy Management, LLC 401(k) PlanIndependence Energy Manageme…$30MBridger Orthopedics & Sports Medicine, P.C. Profit Sharing PlanBridger Orthopedics & Sports…$30MSouthern Orthopedic Associates 401(k) Profit Sharing PlanSouthern Orthopedic Associat…$30M
End-of-year total assets ($M) among Canfield Scientific, Inc. Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$30M
Net Income-$5M
Employer EIN222938062
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canfield Scientific, Inc.)

Sponsor-wide plan assets over time

All Canfield Scientific, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$46M 51.61136209660573% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $30.5M $46.2M ▲ +51.6%
Year Plans Participants Total Assets
2022 1 215 $30M
2023 1 251 $38M
2024 1 285 $46M

Nearby 401(k) Plans in New Jersey

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

Canfield Scientific, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Canfield Scientific, Inc. Profit Sharing 401(k) Plan, Total assets ($B): 0.030474094 · Participants: 215Canfield Scientific, Inc. Profit Sharing 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Canfield Scientific, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Canfield Scientific, Inc. Profit Sharing 401(k) Plan side-by-side with 3 peers →

Canfield Scientific, Inc. Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Independence Energy Management, LLC 401(k) Plan in TX ($30M); by covered participants it is Gault Energy Retirement Plan in CT (215 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (215 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 Canfield Scientific, Inc. Profit Sharing 401(k) Plan assets move in 2022? ▼
Canfield Scientific, Inc. Profit Sharing 401(k) Plan pulled back noticeably - down 13.8% during 2022, from $35M to $30M. Reported net income was -$5M.
How have Canfield Scientific, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Canfield Scientific, Inc.'s sponsor-wide assets grew 51.6%, from $30M to $46M.
Where does Canfield Scientific, Inc. Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Canfield Scientific, Inc. Profit Sharing 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Canfield Scientific, Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Independence Energy Management, LLC 401(k) Plan in TX ($30M, 730 participants).
Which 401(k) plans cover a similar participant headcount to Canfield Scientific, Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gault Energy Retirement Plan in CT (215 participants, $12M 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 222938062.

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.