401(k) · DOL Form 5500 · 2022

Ghafari Associates, LLC 401(k) Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
625
Participants Below avg headcount
92nd
Percentile by assets National rank
$128,980
Avg per participant Near avg balance/head
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Official DOL plan name: Ghafari Companies 401(k) Plan · Sponsored by Ghafari Associates, LLC · Michigan · Professional & Technical Services

$81M in assets, 625 participants

Ghafari Associates, LLC's Ghafari Companies 401(k) Plan reported $81M in total assets and 625 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #19,989 in Professional & Technical Services (21,562 peers)

Where Ghafari Companies 401(k) Plan sits by assets

Ghafari Companies 401(k) Plan sits in the top 10% of all filed plans by assets, $81M for 625 participants (~$128,980/participant), down 17.5% in 2022.

#19,989
in Professional & Technical Services (21,562 peers)
-17.5%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ghafari Companies 401(k) Plan's outsized position by total assets

Ghafari Companies 401(k) Plan vs every filed plan by assets

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

$80,612,258 Top 8% higher than 92% 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

Ghafari Companies 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. Ghafari Companies 401(k) Plan sits mid-pack in the medium band (625 participants).

Form 5500 schedule snapshot

Filing strip 383530824 · Ghafari Associates, LLC PY 2022 · 401(k)

Ghafari Companies 401(k) Plan · $81M · 625 · 92nd

  • PCT $81M
  • EIN 625
  • RANK 92nd
  • PHOTO 401(k)
  • IND near Victory Wholesale Group 401(k) Plan
  • EOY ind #19989

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Ghafari Companies 401(k) Plan in the asset neighbourhood

Village Super Market, Inc. Employees Thrift Savings PlanVillage Super Market, Inc. E…$81MGhafari Companies 401(k) Plan$81MVictory Wholesale Group 401(k) PlanVictory Wholesale Group 401(…$81MMindbody, Inc. 401-K Profit Sharing PlanMindbody, Inc. 401-K Profit …$81MBurris Logistics Retirement PlanBurris Logistics Retirement …$81M
End-of-year total assets ($M) among Ghafari Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$98M
Net Assets (End of Year)$81M
Net Income-$17M
Employer EIN383530824
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ghafari Associates, LLC)

Sponsor-wide plan assets over time

All Ghafari Associates, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$107M 32.224239395452734% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $80.6M $107M ▲ +32.2%
Year Plans Participants Total Assets
2022 1 625 $81M
2023 1 615 $100M
2024 1 601 $107M

Nearby 401(k) Plans in Michigan

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

Ghafari Companies 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Ghafari Companies 401(k) Plan, Total assets ($B): 0.080612258 · Participants: 625Ghafari Companies 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Ghafari Companies 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Ghafari Companies 401(k) Plan side-by-side with 3 peers →

Ghafari Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Victory Wholesale Group 401(k) Plan in OH ($81M); by covered participants it is Laborie Medical Technologies Corporation 401(k) Plan in NH (625 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($81M here).

Similar participant headcount

Nearest other-state filings by covered participants (625 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 Ghafari Companies 401(k) Plan assets move in 2022? ▼
Ghafari Companies 401(k) Plan declined sharply - down 17.5% during 2022, from $98M to $81M. Reported net income was -$17M.
How have Ghafari Associates, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ghafari Associates, LLC's sponsor-wide assets grew 32.2%, from $81M to $107M.
Where does Ghafari Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Ghafari Companies 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ghafari Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Victory Wholesale Group 401(k) Plan in OH ($81M, 369 participants).
Which 401(k) plans cover a similar participant headcount to Ghafari Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Laborie Medical Technologies Corporation 401(k) Plan in NH (625 participants, $38M 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 383530824.

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.