401(k) · DOL Form 5500 · 2022

Gadget Works, Inc. 401(k) Plan

Data updated 2026-08-25

$116K
Total assets Small plan by assets
2
Participants Small participant base
7th
Percentile by assets National rank
$58,117
Avg per participant Low balance/head
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Official DOL plan name: Gadget Works, Inc. 401(k) Profit Sharing Plan · Sponsored by Gadget Works, Inc. · New Jersey · Other Services

$116K in assets, 2 participants

Gadget Works, Inc.'s Gadget Works, Inc. 401(k) Profit Sharing Plan reported $116K in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 7th 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.

  • #1,298 in Other Services (8,398 peers)

2022 asset change

Gadget Works, Inc. 401(k) Profit Sharing Plan contracted severely 62.6% in 2022 ($311K → $116K) for 2 participants.

#1,298
in Other Services (8,398 peers)
-62.6%
assets change YoY

The plan reported a net loss of $195K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gadget Works, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

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

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

$116,234 7th percentile higher than 7% 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

Gadget Works, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gadget Works, Inc. 401(k) Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

Plan-year Form 5500 strip

Filing strip 454395477 · Gadget Works, Inc. PY 2022 · 401(k)

Gadget Works, Inc. 401(k) Profit Sharing Plan · $116K · 2 · 7th

  • ASSETS $116K
  • ASSETS 2
  • ASSETS 7th
  • ASSETS 401(k)
  • ASSETS near Mahoco Enterprise, Corp 401(k) Plan
  • ASSETS ind #1298

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 Other Services retirement plans → · Plans in New Jersey →

Gadget Works, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Gadget Works, Inc. 401(k) Profit Sharing PlanGadget Works, Inc. 401(k) Pr…$116KMahoco Enterprise, Corp 401(k) PlanMahoco Enterprise, Corp 401(…$116KTests Assured 401(k) Plan$116KIxxi, Inc. 401(k) Plan$116KTal Investment Group Retirement PlanTal Investment Group Retirem…$116K
End-of-year total assets ($M) among Gadget Works, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Gadget Works, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Gadget Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$114K 2.2695596813324843% vs 2022
2024 filing year
$0.11M$0.11M$0.12M$0.12M$0.13M 202220232024 $0.12M $0.11M ▼ -8.3%
Year Plans Participants Total Assets
2022 1 2 $116K
2023 1 2 $109K
2024 1 2 $114K

2022 asset-move particulars

Total Assets (Beginning of Year)$311K
Net Assets (End of Year)$116K
Net Income-$195K
Employer EIN454395477
Plan Effective Date2012-01-27
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Gadget Works, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Gadget Works, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.000116234 · Participants: 2Gadget Works, Inc. 401(k) Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Gadget Works, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

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

Outside New Jersey, the nearest 401(k) by assets is Mahoco Enterprise, Corp 401(k) Plan in WA ($116K); by covered participants it is Cbf Discount Transmissions, Inc 401(k) Plan in TX (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($116K here).

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Gadget Works, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Gadget Works, Inc. 401(k) Profit Sharing Plan contracted severely - down 62.6% during 2022, from $311K to $116K. Reported net income was -$195K.
How have Gadget Works, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gadget Works, Inc.'s sponsor-wide assets declined 2.3%, from $116K to $114K.
Where does Gadget Works, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Gadget Works, Inc. 401(k) Profit Sharing Plan ranks in the 7th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Gadget Works, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Mahoco Enterprise, Corp 401(k) Plan in WA ($116K, 5 participants).
Which 401(k) plans cover a similar participant headcount to Gadget Works, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Cbf Discount Transmissions, Inc 401(k) Plan in TX (2 participants, $162K in assets).