401(k)
2022 plan-year 401(k) DOL Form 5500

Searles Valley Minerals 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Searles Valley Minerals Inc. · Kansas · Manufacturing

What the 2023 filing shows

Searles Valley Minerals 401(k) Plan holds $104M for 593 participants — about $175,670 per participant, down 22.7% over the 2022 plan year.

$104M
total plan assets (2022 EOY)
593
covered participants
$175,670
avg assets per participant
-22.7%
assets change YoY

The plan reported a net loss of $31M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$104M
Participants
593
State
Industry
Manufacturing

What the Filing Says About Searles Valley Minerals 401(k) Plan

Searles Valley Minerals 401(k) Plan is a 401(k) retirement plan sponsored by Searles Valley Minerals Inc., headquartered in Kansas. As of the 2022 Form 5500 filing, the plan reports $104M in total end-of-year assets and covers 593 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 133579263, and the plan has been effective since 1991-12-15. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $135M at the beginning of 2022 to $104M at year-end — a decline of 22.7%. Net assets (after liabilities) closed the year at $104M, with reported net income of $-30,506,145 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$135M
Total Assets (End of Year)$104M
Net Assets (End of Year)$104M
Net Income$-30,506,145
Plan Type401(k)
Employer EIN133579263
Plan Effective Date1991-12-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Searles Valley Minerals Inc.)

Year Plans Participants Total Assets
2022 1 593 $104M
2023 1 569 $117M
2024 1 553 $115M

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Frequently Asked Questions

How much money is in the Searles Valley Minerals 401(k) Plan?
As of the 2022 Form 5500 filing, Searles Valley Minerals 401(k) Plan holds $104M in total assets with 593 participants. It is sponsored by Searles Valley Minerals Inc..
What type of plan is Searles Valley Minerals 401(k) Plan?
Searles Valley Minerals 401(k) Plan is a 401(k) plan. It has been effective since 1991-12-15. The plan is filed with the U.S. Department of Labor under EIN 133579263.
Who sponsors the Searles Valley Minerals 401(k) Plan?
Searles Valley Minerals 401(k) Plan is sponsored by Searles Valley Minerals Inc., located in Kansas. The sponsor's EIN is 133579263 and the plan operates in the Manufacturing industry.
How did Searles Valley Minerals 401(k) Plan perform in 2022?
Searles Valley Minerals 401(k) Plan declined by 22.7% during 2022, moving from $135M to $104M in total assets. Net income was $-30,506,145.
Where can I find official filings for Searles Valley Minerals 401(k) Plan?
Official Form 5500 filings for Searles Valley Minerals 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 133579263 or plan name at efast.dol.gov.
How does Searles Valley Minerals 401(k) Plan compare to other plans?
You can compare Searles Valley Minerals 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Kansas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 133579263.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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