401(k) · DOL Form 5500 · 2022

Schiffman's Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
95
Participants Small participant base
62nd
Percentile by assets National rank
$91,087
Avg per participant Below avg balance/head
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Official DOL plan name: Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Schiffman's Inc. · North Carolina · Retail Trade

$9M in assets, 95 participants

Schiffman's Inc.'s Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust reported $9M in total assets and 95 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.

  • #6,918 in Retail Trade (9,519 peers)

2022 asset change

Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust pulled back noticeably 11.8% in 2022 ($10M → $9M) for 95 participants.

#6,918
in Retail Trade (9,519 peers)
-11.8%
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.

Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Retail Trade and all filers

Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$8,653,307 Top 38% higher than 62% 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

Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust is a small filing (95 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 560390990 · Schiffman's Inc. PY 2022 · 401(k)

Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust · $9M · 95 · 62nd

  • 5500 $9M
  • ASSETS 95
  • PCT 62nd
  • EIN 401(k)
  • RANK near Struktol Company Amended and Restated Tax Deferred Savings Plan and Trust
  • PHOTO ind #6918

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 Retail Trade retirement plans → · Plans in North Carolina →

Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Schiffman's, Inc. 401(k) Profit Sharing Plan & TrustSchiffman's, Inc. 401(k) Pro…$9MStruktol Company Amended and Restated Tax Deferred Savings Plan and TrustStruktol Company Amended and…$9MVislink Technologies, Inc. 401(k) Profit Sharing PlanVislink Technologies, Inc. 4…$9MWoodmont Country Club 401(k) PlanWoodmont Country Club 401(k)…$9MHattiesburg Medical Park Management Retirement Savings PlanHattiesburg Medical Park Man…$9M
End-of-year total assets ($M) among Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$1M
Employer EIN560390990
Plan Effective Date2008-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.008653307 · Participants: 95Schiffman's, Inc. 401(k) Profit Sharing Plan & TrustThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest 401(k) by assets is Struktol Company Amended and Restated Tax Deferred Savings Plan and Trust in OH ($9M); by covered participants it is La Rosa Del Monte Express (New York), LLC 401(k) Profit Sharing Plan & Trust in NY (95 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (95 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 Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2022?
Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust pulled back noticeably - down 11.8% during 2022, from $10M to $9M. Reported net income was -$1M.
Which 401(k) plans are similar in size to Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Struktol Company Amended and Restated Tax Deferred Savings Plan and Trust in OH ($9M, 92 participants).
Which 401(k) plans cover a similar participant headcount to Schiffman's, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is La Rosa Del Monte Express (New York), LLC 401(k) Profit Sharing Plan & Trust in NY (95 participants, $2M in assets).