401(k) · DOL Form 5500 · 2022

Brightfarms, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
254
Participants Below avg headcount
49th
Percentile by assets National rank
$18,197
Avg per participant Low balance/head
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Official DOL plan name: Brightfarms, Inc. 401(k) Profit Sharing Plan · Sponsored by Brightfarms, Inc. · New York · Professional & Technical Services

$5M in assets, 254 participants

Brightfarms, Inc.'s Brightfarms, Inc. 401(k) Profit Sharing Plan reported $5M in total assets and 254 participants in its 2022 DOL Form 5500 filing, ranking in the 49th 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.

  • #10,057 in Professional & Technical Services (21,562 peers)

Coverage in New York

Brightfarms, Inc. 401(k) Profit Sharing Plan covers 254 participants in New York, about 32% of the average New York filer (state average ~798 per filing). Assets: $5M.

#10,057
in Professional & Technical Services (21,562 peers)
+24.6%
assets growth YoY

Brightfarms, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

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

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

$4,621,936 49th percentile higher than 49% 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

Brightfarms, Inc. 401(k) Profit Sharing 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. Brightfarms, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (254 participants).

DOL schedule card

Filing strip 454774576 · Brightfarms, Inc. PY 2022 · 401(k)

Brightfarms, Inc. 401(k) Profit Sharing Plan · $5M · 254 · 49th

  • 5500 $5M
  • ASSETS 254
  • PCT 49th
  • EIN 401(k)
  • RANK near Trendler Inc. 401(k) Retirement Plan
  • PHOTO ind #10057

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 Professional & Technical Services retirement plans → · Plans in New York →

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

Brightfarms, Inc. 401(k) Profit Sharing PlanBrightfarms, Inc. 401(k) Pro…$5MTrendler Inc. 401(k) Retirement PlanTrendler Inc. 401(k) Retirem…$5MPaul's Machine & Welding Corp. 401(k) PlanPaul's Machine & Welding Cor…$5MJones-Hamilton Co. 401(k) PlanJones-Hamilton Co. 401(k) Pl…$5M403(b) Thrift Plan for Employees of Big Five Community Services, Inc.403(b) Thrift Plan for Emplo…$5M
End-of-year total assets ($M) among Brightfarms, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$912K
Employer EIN454774576
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brightfarms, Inc.)

Sponsor-wide plan assets over time

All Brightfarms, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 114.35231902821674% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $4.62M $9.91M ▲ +114.5%
Year Plans Participants Total Assets
2022 1 254 $5M
2023 1 340 $8M
2024 1 363 $10M

Nearby 401(k) Plans in New York

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

Brightfarms, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Brightfarms, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.004621936 · Participants: 254Brightfarms, Inc. 401(k) Profit Sharing 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
Brightfarms, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants

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

Outside New York, the nearest 401(k) by assets is Trendler Inc. 401(k) Retirement Plan in IL ($5M); by covered participants it is Phoenix Processor Retirement Savings Plan in WA (254 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (254 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 Brightfarms, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Brightfarms, Inc. 401(k) Profit Sharing Plan grew sharply - up 24.6% during 2022, from $4M to $5M. Reported net income was $912K.
How have Brightfarms, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Brightfarms, Inc.'s sponsor-wide assets grew 114.4%, from $5M to $10M.
Which 401(k) plans are similar in size to Brightfarms, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Trendler Inc. 401(k) Retirement Plan in IL ($5M, 15 participants).
Which 401(k) plans cover a similar participant headcount to Brightfarms, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Phoenix Processor Retirement Savings Plan in WA (254 participants, $8M in assets).