401(k) · DOL Form 5500 · 2022

Fonar Corporation 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
548
Participants Below avg headcount
85th
Percentile by assets National rank
$67,108
Avg per participant Below avg balance/head
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Official DOL plan name: Fonar Corporation 401(k) Plan · Sponsored by Fonar Corporation · New York · Manufacturing

$37M in assets, 548 participants

Fonar Corporation's Fonar Corporation 401(k) Plan reported $37M in total assets and 548 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,207 in Manufacturing (20,602 peers)

Where Fonar Corporation 401(k) Plan sits by assets

Fonar Corporation 401(k) Plan sits in the top quartile of all filed plans by assets, $37M for 548 participants (~$67,108/participant), down 13.9% in 2022.

#16,207
in Manufacturing (20,602 peers)
-13.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Fonar Corporation 401(k) Plan's outsized position by total assets

Fonar Corporation 401(k) Plan vs every filed plan by assets

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

$36,775,454 Top 15% higher than 85% 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

Fonar Corporation 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. Fonar Corporation 401(k) Plan sits mid-pack in the medium band (548 participants).

EBSA filing schedule strip

Filing strip 112464137 · Fonar Corporation PY 2022 · 401(k)

Fonar Corporation 401(k) Plan · $37M · 548 · 85th

  • ASSETS $37M
  • ASSETS 548
  • ASSETS 85th
  • ASSETS 401(k)
  • ASSETS near Kennebec Savings Bank 401(k) Savings Plan and Trust
  • ASSETS ind #16207

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 New York →

Fonar Corporation 401(k) Plan in the asset neighbourhood

Fonar Corporation 401(k) Plan$37MKennebec Savings Bank 401(k) Savings Plan and TrustKennebec Savings Bank 401(k)…$37MBlue Umbrella 401(k) Plan$37MGalloway, Inc. and Affiliated Employers 401(k) Savings PlanGalloway, Inc. and Affiliate…$37MBard Manufacturing Company, Inc. Savings and Profit Sharing PlanBard Manufacturing Company, …$37M
End-of-year total assets ($M) among Fonar Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$37M
Net Income-$6M
Employer EIN112464137
Plan Effective Date1991-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fonar Corporation)

Sponsor-wide plan assets over time

All Fonar Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$50M 36.33748749913461% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $36.8M $50.1M ▲ +36.3%
Year Plans Participants Total Assets
2022 1 548 $37M
2023 1 548 $43M
2024 1 596 $50M

Nearby 401(k) Plans in New York

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

Fonar Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Fonar Corporation 401(k) Plan, Total assets ($B): 0.036775454 · Participants: 548Fonar Corporation 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Fonar Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Fonar Corporation 401(k) Plan side-by-side with 3 peers →

Fonar Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Kennebec Savings Bank 401(k) Savings Plan and Trust in ME ($37M); by covered participants it is Agri-Power, Inc. 401(k) Retirement Savings Plan in KY (548 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (548 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 Fonar Corporation 401(k) Plan assets move in 2022? ▼
Fonar Corporation 401(k) Plan pulled back noticeably - down 13.9% during 2022, from $43M to $37M. Reported net income was -$6M.
How have Fonar Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fonar Corporation's sponsor-wide assets grew 36.3%, from $37M to $50M.
Where does Fonar Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Fonar Corporation 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Fonar Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kennebec Savings Bank 401(k) Savings Plan and Trust in ME ($37M, 182 participants).
Which 401(k) plans cover a similar participant headcount to Fonar Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Agri-Power, Inc. 401(k) Retirement Savings Plan in KY (548 participants, $18M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 112464137.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.