401(k) · DOL Form 5500 · 2022

Efco Corp. 401(k) Plan

Data updated 2026-08-11

$78M
Total assets
716
Participants
91st
Percentile by assets
$108,710
Avg per participant
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Official DOL plan name: Efco Contribution & 401(k) Plan · Sponsored by Efco Corp. · Iowa · Manufacturing

$78M in assets, 716 participants

Efco Corp.'s Efco Contribution & 401(k) Plan reported $78M in total assets and 716 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #17,881 in Manufacturing (20,602 peers)

Where Efco Contribution & 401(k) Plan sits by assets

Efco Contribution & 401(k) Plan sits in the top 10% of all filed plans by assets, $78M for 716 participants (~$108,710/participant), down 17.7% in 2022.

$78M
total plan assets (2022 EOY)
716
covered participants
91st
percentile by assets (of 139,126 plans)
$108,710
avg assets per participant

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.

Where Efco Contribution & 401(k) Plan sits by total assets

Efco Contribution & 401(k) Plan vs every filed plan by assets

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

$77,836,709 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Efco Contribution & 401(k) Plan vs the 2022 asset distribution

By assets, Efco Contribution & 401(k) Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$78M
Net Income-$17M
Employer EIN421360262
Plan Effective Date1983-03-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Efco Corp.)

$70M$80M$90M$100M$110M 202220232024 $77.8M $101M ▲ +29.1%
Total plan assets by year, all Efco Corp. plans on file
Year Plans Participants Total Assets
2022 1 716 $78M
2023 1 651 $89M
2024 1 711 $101M

Nearby 401(k) Plans in Iowa

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

Efco Contribution & 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Efco Contribution & …, Total assets ($B): 0.077836709 · Participants: 716Efco Contribution & …The Principal Select…, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select…Iowa Health System S…, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System S…The Hy-Vee and Affil…, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affil…The Rsm US LLP Retir…, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retir…Transamerica 401(k) …, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) …
Efco Contribution & 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Efco Contribution & 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Efco Contribution & 401(k) Plan assets move in 2022?
Efco Contribution & 401(k) Plan declined sharply - down 17.7% during 2022, from $95M to $78M. Reported net income was -$17M.
How have Efco Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Efco Corp.'s sponsor-wide assets grew 29.1%, from $78M to $101M.
Where does Efco Contribution & 401(k) Plan rank by assets among Form 5500 filers?
Efco Contribution & 401(k) Plan ranks in the 91st 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 Efco Contribution & 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ciox Health 401(k) Plan in AZ ($78M, 8,278 participants).

Next read for Efco Contribution & 401(k) Plan

Scale reading

Ways to act on Efco Contribution & 401(k) Plan's numbers.