401(k) · DOL Form 5500 · 2022

Varney, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
173
Participants Small participant base
54th
Percentile by assets National rank
$33,596
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Varney, Inc. 401(k) & Profit Sharing Plan · Sponsored by Varney, Inc. · Virginia · Construction

$6M in assets, 173 participants

Varney, Inc.'s Varney, Inc. 401(k) & Profit Sharing Plan reported $6M in total assets and 173 participants in its 2022 DOL Form 5500 filing, ranking in the 54th 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.

  • #5,272 in Construction (9,927 peers)

Coverage in Virginia

Varney, Inc. 401(k) & Profit Sharing Plan covers 173 participants in Virginia, about 22% of the average Virginia filer (state average ~782 per filing). Assets: $6M.

#5,272
in Construction (9,927 peers)
-15.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Varney, Inc. 401(k) & Profit Sharing Plan's mid-pack asset rank among Construction and all filers

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

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

$5,812,056 Top 46% higher than 54% 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

Varney, Inc. 401(k) & Profit Sharing 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. Varney, Inc. 401(k) & Profit Sharing Plan sits mid-pack in the medium band (173 participants).

Published 5500 schedule card

Filing strip 540791615 · Varney, Inc. PY 2022 · 401(k)

Varney, Inc. 401(k) & Profit Sharing Plan · $6M · 173 · 54th

  • ASSETS $6M
  • PCT 173
  • EIN 54th
  • RANK 401(k)
  • PHOTO near Legacy 401(k) Retirement Plan
  • IND ind #5272

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 Construction retirement plans → · Plans in Virginia →

Varney, Inc. 401(k) & Profit Sharing Plan in the asset neighbourhood

Varney, Inc. 401(k) & Profit Sharing PlanVarney, Inc. 401(k) & Profit…$6MLegacy 401(k) Retirement Plan$6MGibson Sales, LP Profit Sharing/401(k) PlanGibson Sales, LP Profit Shar…$6MLkg-Cmc, Inc. Profit Sharing PlanLkg-Cmc, Inc. Profit Sharing…$6MThe Ziegenfelder Company, Inc. 401(k) PlanThe Ziegenfelder Company, In…$6M
End-of-year total assets ($M) among Varney, Inc. 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$1M
Employer EIN540791615
Plan Effective Date1982-07-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Varney, Inc.)

Sponsor-wide plan assets over time

All Varney, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 60.64875695149109% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12M $19.3M ▲ +60.7%
Year Plans Participants Total Assets
2022 2 323 $12M
2023 2 315 $15M
2024 2 298 $19M

Nearby 401(k) Plans in Virginia

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

Varney, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Varney, Inc. 401(k) & Profit Sharing Plan, Total assets ($B): 0.005812056 · Participants: 173Varney, Inc. 401(k) & Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Varney, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Legacy 401(k) Retirement Plan in GA ($6M); by covered participants it is Tata Elxsi 401(k) Plan in CA (173 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Varney, Inc. 401(k) & Profit Sharing Plan assets move in 2022?
Varney, Inc. 401(k) & Profit Sharing Plan declined sharply - down 15.1% during 2022, from $7M to $6M. Reported net income was -$1M.
How have Varney, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Varney, Inc.'s sponsor-wide assets grew 60.6%, from $12M to $19M.
Which 401(k) plans are similar in size to Varney, Inc. 401(k) & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Legacy 401(k) Retirement Plan in GA ($6M, 341 participants).
Which 401(k) plans cover a similar participant headcount to Varney, Inc. 401(k) & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Tata Elxsi 401(k) Plan in CA (173 participants, $278K in assets).