401(k) · DOL Form 5500 · 2022

Efa, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
108
Participants Small participant base
46th
Percentile by assets National rank
$37,453
Avg per participant Low balance/head
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Official DOL plan name: Elastic Fabrics of America 401(k) Plan · Sponsored by Efa, Inc. · North Carolina · Manufacturing

$4M in assets, 108 participants

Efa, Inc.'s Elastic Fabrics of America 401(k) Plan reported $4M in total assets and 108 participants in its 2022 DOL Form 5500 filing, ranking in the 46th 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.

  • #6,085 in Manufacturing (20,602 peers)

Coverage in North Carolina

Elastic Fabrics of America 401(k) Plan covers 108 participants in North Carolina, about 13% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#6,085
in Manufacturing (20,602 peers)
-13.8%
assets change YoY

The plan reported a net loss of $648K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Elastic Fabrics of America 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Elastic Fabrics of America 401(k) Plan vs every filed plan by assets

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

$4,044,903 46th percentile higher than 46% 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

Elastic Fabrics of America 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. Elastic Fabrics of America 401(k) Plan sits mid-pack in the medium band (108 participants).

DOL schedule card

Filing strip 980527595 · Efa, Inc. PY 2022 · 401(k)

Elastic Fabrics of America 401(k) Plan · $4M · 108 · 46th

  • PART $4M
  • PART 108
  • PART 46th
  • PART 401(k)
  • PART near Mbps Group 401(k) Profit Sharing Plan
  • PART ind #6085

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 Manufacturing retirement plans → · Plans in North Carolina →

Elastic Fabrics of America 401(k) Plan in the asset neighbourhood

C.H. Hanson Co. Employees Profit Sharing & 401(k) Savings PlanC.H. Hanson Co. Employees Pr…$4MElastic Fabrics of America 401(k) PlanElastic Fabrics of America 4…$4MMbps Group 401(k) Profit Sharing PlanMbps Group 401(k) Profit Sha…$4MAdvantage Wound Care 401(k) PlanAdvantage Wound Care 401(k) …$4MCommunity Housing Innovations, Inc. 401(k) Profit-Sharing Plan and TrustCommunity Housing Innovation…$4M
End-of-year total assets ($M) among Elastic Fabrics of America 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$648K
Employer EIN980527595
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Efa, Inc.)

Sponsor-wide plan assets over time

All Efa, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 8.471624659478854% vs 2022
2023 filing year
$4M$4.2M$4.4M$4.6M 20222023 $4.04M $4.39M ▲ +8.7%
Year Plans Participants Total Assets
2022 1 108 $4M
2023 1 101 $4M

Nearby 401(k) Plans in North Carolina

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

Elastic Fabrics of America 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Elastic Fabrics of America 401(k) Plan, Total assets ($B): 0.004044903 · Participants: 108Elastic Fabrics of America 401(k) PlanThe 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
Elastic Fabrics of America 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Elastic Fabrics of America 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Mbps Group 401(k) Profit Sharing Plan in AL ($4M); by covered participants it is Holman Professional Counseling 401(k) Plan in CA (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Elastic Fabrics of America 401(k) Plan assets move in 2022?
Elastic Fabrics of America 401(k) Plan pulled back noticeably - down 13.8% during 2022, from $5M to $4M. Reported net income was -$648K.
How have Efa, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Efa, Inc.'s sponsor-wide assets grew 8.5%, from $4M to $4M.
Which 401(k) plans are similar in size to Elastic Fabrics of America 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mbps Group 401(k) Profit Sharing Plan in AL ($4M, 26 participants).
Which 401(k) plans cover a similar participant headcount to Elastic Fabrics of America 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Holman Professional Counseling 401(k) Plan in CA (108 participants, $1M in assets).