401(k) · DOL Form 5500 · 2022

L. Knife & Son, Inc. 401(k) Plan

Data updated 2026-08-25

$188M
Total assets Near avg plan size
1,663
Participants Near avg headcount
95th
Percentile by assets National rank
$113,326
Avg per participant Below avg balance/head
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Official DOL plan name: Sheehan Family Companies Employee Savings Plan · Sponsored by L. Knife & Son, Inc. · Massachusetts · Wholesale Trade

$188M in assets, 1,663 participants

L. Knife & Son, Inc.'s Sheehan Family Companies Employee Savings Plan reported $188M in total assets and 1,663 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #6,614 in Wholesale Trade (6,843 peers)

Coverage in Massachusetts

Sheehan Family Companies Employee Savings Plan covers 1,663 participants in Massachusetts, 2.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $188M.

#6,614
in Wholesale Trade (6,843 peers)
-11.7%
assets change YoY
1.9×
vs typical plan assets (national mean)

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheehan Family Companies Employee Savings Plan's outsized position by total assets

Sheehan Family Companies Employee Savings Plan vs every filed plan by assets

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

$188,460,361 Top 5% higher than 95% 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

Sheehan Family Companies Employee Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheehan Family Companies Employee Savings Plan lands in the large band (1,663 participants).

Form 5500 schedule snapshot

Filing strip 042902690 · L. Knife & Son, Inc. PY 2022 · 401(k)

Sheehan Family Companies Employee Savings Plan · $188M · 1,663 · 95th

  • ASSETS $188M
  • ASSETS 1,663
  • ASSETS 95th
  • ASSETS 401(k)
  • ASSETS near Inland Empire IBEW-NECA Defined Contribution Plan
  • ASSETS ind #6614

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 Wholesale Trade retirement plans → · Plans in Massachusetts →

Sheehan Family Companies Employee Savings Plan in the asset neighbourhood

Transform 401(k) Savings Plan$189MTransform 401(k) Savings Plan$189MInland Empire IBEW-NECA Defined Contribution PlanInland Empire IBEW-NECA Defi…$189MHga 401(k) Savings Plan$189MSheehan Family Companies Employee Savings PlanSheehan Family Companies Emp…$188M
End-of-year total assets ($M) among Sheehan Family Companies Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$214M
Net Assets (End of Year)$188M
Net Income-$25M
Employer EIN042902690
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (L. Knife & Son, Inc.)

Sponsor-wide plan assets over time

All L. Knife & Son, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$226M 19.698944543569034% vs 2022
2023 filing year
$180M$200M$220M$240M 20222023 $188M $226M ▲ +19.7%
Year Plans Participants Total Assets
2022 1 1,663 $188M
2023 1 1,745 $226M

Nearby 401(k) Plans in Massachusetts

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

Sheehan Family Companies Employee Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Sheehan Family Companies Employee Savings Plan, Total assets ($B): 0.188460361 · Participants: 1663Sheehan Family Companies Employee Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Sheehan Family Companies Employee Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Sheehan Family Companies Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Inland Empire IBEW-NECA Defined Contribution Plan in PA ($189M); by covered participants it is Henniges Automotive Retirement Savings Plan in MI (1,663 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($188M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,663 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 Sheehan Family Companies Employee Savings Plan assets move in 2022?
Sheehan Family Companies Employee Savings Plan pulled back noticeably - down 11.7% during 2022, from $214M to $188M. Reported net income was -$25M.
How have L. Knife & Son, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), L. Knife & Son, Inc.'s sponsor-wide assets grew 19.7%, from $188M to $226M.
Where does Sheehan Family Companies Employee Savings Plan rank by assets among Form 5500 filers?
Sheehan Family Companies Employee Savings Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sheehan Family Companies Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Inland Empire IBEW-NECA Defined Contribution Plan in PA ($189M, 5,633 participants).
Which 401(k) plans cover a similar participant headcount to Sheehan Family Companies Employee Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Henniges Automotive Retirement Savings Plan in MI (1,663 participants, $124M in assets).