401(k) · DOL Form 5500 · 2022

Synergy Business Innovation and 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
262
Participants Below avg headcount
74th
Percentile by assets National rank
$62,573
Avg per participant Low balance/head
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Official DOL plan name: Synergy Business Innovation 401(k) P/S Plan · Sponsored by Synergy Business Innovation and · Virginia · Professional & Technical Services

$16M in assets, 262 participants

Synergy Business Innovation and's Synergy Business Innovation 401(k) P/S Plan reported $16M in total assets and 262 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • #15,918 in Professional & Technical Services (21,562 peers)

Coverage in Virginia

Synergy Business Innovation 401(k) P/S Plan covers 262 participants in Virginia, about 33% of the average Virginia filer (state average ~782 per filing). Assets: $16M.

#15,918
in Professional & Technical Services (21,562 peers)
+22.6%
assets growth YoY

Synergy Business Innovation 401(k) P/S Plan's outsized position by total assets

Synergy Business Innovation 401(k) P/S Plan vs every filed plan by assets

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

$16,394,038 Top 26% higher than 74% 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

Synergy Business Innovation 401(k) P/S 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. Synergy Business Innovation 401(k) P/S Plan sits mid-pack in the medium band (262 participants).

DOL schedule card

Filing strip 841698665 · Synergy Business Innovation and PY 2022 · 401(k)

Synergy Business Innovation 401(k) P/S Plan · $16M · 262 · 74th

  • EBSA $16M
  • EBSA 262
  • EBSA 74th
  • EBSA 401(k)
  • EBSA near Pusan Pipe America, Inc. Employee Profit Sharing & Savings Plan
  • EBSA ind #15918

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 Virginia →

Synergy Business Innovation 401(k) P/S Plan in the asset neighbourhood

Arkay Packaging Corporation 401(k) Retirement PlanArkay Packaging Corporation …$16MSynergy Business Innovation 401(k) P/S PlanSynergy Business Innovation …$16MPusan Pipe America, Inc. Employee Profit Sharing & Savings PlanPusan Pipe America, Inc. Emp…$16MBrighton-Best International, Inc 401(k) PlanBrighton-Best International,…$16MAttane, Inc. Retirement Savings PlanAttane, Inc. Retirement Savi…$16M
End-of-year total assets ($M) among Synergy Business Innovation 401(k) P/S Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN841698665
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Synergy Business Innovation and)

Sponsor-wide plan assets over time

All Synergy Business Innovation and plans reported in each filing year

Latest sponsor-wide plan assets
$38M 130.1755735835186% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $16.4M $37.7M ▲ +130.3%
Year Plans Participants Total Assets
2022 1 262 $16M
2023 1 507 $27M
2024 1 534 $38M

Nearby 401(k) Plans in Virginia

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

Synergy Business Innovation 401(k) P/S Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Synergy Business Innovation 401(k) P/S Plan, Total assets ($B): 0.016394038 · Participants: 262Synergy Business Innovation 401(k) P/S 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
Synergy Business Innovation 401(k) P/S Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Synergy Business Innovation 401(k) P/S Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Pusan Pipe America, Inc. Employee Profit Sharing & Savings Plan in CA ($16M); by covered participants it is Cumberland Truck Equipment Co. Salary Deferral Plan in PA (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 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 Synergy Business Innovation 401(k) P/S Plan assets move in 2022?
Synergy Business Innovation 401(k) P/S Plan grew sharply - up 22.6% during 2022, from $13M to $16M. Reported net income was $3M.
How have Synergy Business Innovation and plan assets changed over time?
Across 3 plan years on file (2022-2024), Synergy Business Innovation and's sponsor-wide assets grew 130.2%, from $16M to $38M.
Which 401(k) plans are similar in size to Synergy Business Innovation 401(k) P/S Plan?
Among 401(k) plans in other states, the closest by assets is Pusan Pipe America, Inc. Employee Profit Sharing & Savings Plan in CA ($16M, 284 participants).
Which 401(k) plans cover a similar participant headcount to Synergy Business Innovation 401(k) P/S Plan?
Among 401(k) plans in other states, the closest by covered participants is Cumberland Truck Equipment Co. Salary Deferral Plan in PA (262 participants, N/A in assets).