401(k) · DOL Form 5500 · 2022

Education Loan Finance, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
278
Participants Below avg headcount
74th
Percentile by assets National rank
$60,157
Avg per participant Low balance/head
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Official DOL plan name: Education Loan Finance, Inc 401(k) Plan · Sponsored by Education Loan Finance, Inc. · Tennessee · Other Services

$17M in assets, 278 participants

Education Loan Finance, Inc.'s Education Loan Finance, Inc 401(k) Plan reported $17M in total assets and 278 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.

  • #7,197 in Other Services (8,398 peers)

Coverage in Tennessee

Education Loan Finance, Inc 401(k) Plan covers 278 participants in Tennessee, about 25% of the average Tennessee filer (state average ~1,126 per filing). Assets: $17M.

#7,197
in Other Services (8,398 peers)
-12.9%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Education Loan Finance, Inc 401(k) Plan's outsized position by total assets

Education Loan Finance, Inc 401(k) Plan vs every filed plan by assets

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

$16,723,570 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

Education Loan Finance, Inc 401(k) 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. Education Loan Finance, Inc 401(k) Plan sits mid-pack in the medium band (278 participants).

Published 5500 schedule card

Filing strip 621586836 · Education Loan Finance, Inc. PY 2022 · 401(k)

Education Loan Finance, Inc 401(k) Plan · $17M · 278 · 74th

  • NET $17M
  • BOOK 278
  • VS-ST 74th
  • BOY 401(k)
  • SCH near Kemba Credit Union Profit Sharing 401(k) Plan and Trust
  • EBSA ind #7197

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 Tennessee →

Education Loan Finance, Inc 401(k) Plan in the asset neighbourhood

Education Loan Finance, Inc 401(k) PlanEducation Loan Finance, Inc …$17MKemba Credit Union Profit Sharing 401(k) Plan and TrustKemba Credit Union Profit Sh…$17MHka Enterprises 401(k) Retirement Savings PlanHka Enterprises 401(k) Retir…$17MBelfint Lyons & Shuman P.a. 401(k) Savings PlanBelfint Lyons & Shuman P.a. …$17MCombined Properties, Incorporated 401(k) PlanCombined Properties, Incorpo…$17M
End-of-year total assets ($M) among Education Loan Finance, Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$17M
Net Income-$2M
Employer EIN621586836
Plan Effective Date2006-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Education Loan Finance, Inc.)

Sponsor-wide plan assets over time

All Education Loan Finance, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 41.42399619220059% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $16.7M $23.7M ▲ +41.4%
Year Plans Participants Total Assets
2022 1 278 $17M
2023 1 284 $20M
2024 1 342 $24M

Nearby 401(k) Plans in Tennessee

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

Education Loan Finance, Inc 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Education Loan Finance, Inc 401(k) Plan, Total assets ($B): 0.01672357 · Participants: 278Education Loan Finance, Inc 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Education Loan Finance, Inc 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Education Loan Finance, Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Kemba Credit Union Profit Sharing 401(k) Plan and Trust in OH ($17M); by covered participants it is Laird Technologies, Inc. 401(k) and Profit Sharing Plan in MO (278 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (278 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 Education Loan Finance, Inc 401(k) Plan assets move in 2022? ▼
Education Loan Finance, Inc 401(k) Plan pulled back noticeably - down 12.9% during 2022, from $19M to $17M. Reported net income was -$2M.
How have Education Loan Finance, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Education Loan Finance, Inc.'s sponsor-wide assets grew 41.4%, from $17M to $24M.
Which 401(k) plans are similar in size to Education Loan Finance, Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kemba Credit Union Profit Sharing 401(k) Plan and Trust in OH ($17M, 244 participants).
Which 401(k) plans cover a similar participant headcount to Education Loan Finance, Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Laird Technologies, Inc. 401(k) and Profit Sharing Plan in MO (278 participants, N/A in assets).