401(k) · DOL Form 5500 · 2022

Handcraft Cleaners & Launderers, Inc 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
228
Participants Below avg headcount
54th
Percentile by assets National rank
$25,778
Avg per participant Low balance/head
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Official DOL plan name: Handcraft Cleaners & Launderers, Inc. 401(k) Plan · Sponsored by Handcraft Cleaners & Launderers, Inc · Virginia · Other Services

$6M in assets, 228 participants

Handcraft Cleaners & Launderers, Inc's Handcraft Cleaners & Launderers, Inc. 401(k) Plan reported $6M in total assets and 228 participants in its 2022 DOL Form 5500 filing, ranking in the 54th 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.

  • #6,049 in Other Services (8,398 peers)

Coverage in Virginia

Handcraft Cleaners & Launderers, Inc. 401(k) Plan covers 228 participants in Virginia, about 29% of the average Virginia filer (state average ~782 per filing). Assets: $6M.

#6,049
in Other Services (8,398 peers)
-8.9%
assets change YoY

The plan reported a net loss of $575K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Handcraft Cleaners & Launderers, Inc. 401(k) Plan's mid-pack asset rank among Other Services and all filers

Handcraft Cleaners & Launderers, Inc. 401(k) Plan vs every filed plan by assets

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

$5,877,364 Top 46% higher than 54% 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

Handcraft Cleaners & Launderers, 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. Handcraft Cleaners & Launderers, Inc. 401(k) Plan sits mid-pack in the medium band (228 participants).

DOL schedule card

Filing strip 540884061 · Handcraft Cleaners & Launderers, Inc PY 2022 · 401(k)

Handcraft Cleaners & Launderers, Inc. 401(k) Plan · $6M · 228 · 54th

  • PHOTO $6M
  • IND 228
  • EOY 54th
  • 5500 401(k)
  • ASSETS near M. W. Waldrop Company, Inc. 401(k) Plan
  • PCT ind #6049

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 Virginia →

Handcraft Cleaners & Launderers, Inc. 401(k) Plan in the asset neighbourhood

Handcraft Cleaners & Launderers, Inc. 401(k) PlanHandcraft Cleaners & Launder…$6MM. W. Waldrop Company, Inc. 401(k) PlanM. W. Waldrop Company, Inc. …$6MBridge Group Hh, Inc. 401(k) PlanBridge Group Hh, Inc. 401(k)…$6MZimmer Biomet Apex Surgical 401(k) PlanZimmer Biomet Apex Surgical …$6MRoberson Motors, Inc. 401(k) Profit Sharing PlanRoberson Motors, Inc. 401(k)…$6M
End-of-year total assets ($M) among Handcraft Cleaners & Launderers, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$575K
Employer EIN540884061
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Handcraft Cleaners & Launderers, Inc)

Sponsor-wide plan assets over time

All Handcraft Cleaners & Launderers, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$10M 69.20117590130542% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $5.88M $9.94M ▲ +69.0%
Year Plans Participants Total Assets
2022 1 228 $6M
2023 1 238 $8M
2024 1 252 $10M

Nearby 401(k) Plans in Virginia

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

Handcraft Cleaners & Launderers, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Handcraft Cleaners & Launderers, Inc. 401(k) Plan, Total assets ($B): 0.005877364 · Participants: 228Handcraft Cleaners & Launderers, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Handcraft Cleaners & Launderers, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Handcraft Cleaners & Launderers, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is M. W. Waldrop Company, Inc. 401(k) Plan in TX ($6M); by covered participants it is Jsi Store Fixtures Employee Savings Plan in ME (228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (228 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 Handcraft Cleaners & Launderers, Inc. 401(k) Plan assets move in 2022? ▼
Handcraft Cleaners & Launderers, Inc. 401(k) Plan pulled back noticeably - down 8.9% during 2022, from $6M to $6M. Reported net income was -$575K.
How have Handcraft Cleaners & Launderers, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Handcraft Cleaners & Launderers, Inc's sponsor-wide assets grew 69.2%, from $6M to $10M.
Which 401(k) plans are similar in size to Handcraft Cleaners & Launderers, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is M. W. Waldrop Company, Inc. 401(k) Plan in TX ($6M, 23 participants).
Which 401(k) plans cover a similar participant headcount to Handcraft Cleaners & Launderers, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Jsi Store Fixtures Employee Savings Plan in ME (228 participants, N/A in assets).