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

Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust

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

Sponsored by Boyd Metals of Fort Smith, Inc. · Arkansas · Wholesale Trade

What the 2023 filing shows

Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust holds $17M for 198 participants — about $83,463 per participant, down 21.7% over the 2022 plan year.

$17M
total plan assets (2022 EOY)
198
covered participants
$83,463
avg assets per participant
-21.7%
assets change YoY

The plan reported a net loss of $5M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$17M
Participants
198
State
Industry
Wholesale Trade

What the Filing Says About Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust

Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Boyd Metals of Fort Smith, Inc., headquartered in Arkansas. As of the 2022 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 198 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 710691641, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2022 to $17M at year-end — a decline of 21.7%. Net assets (after liabilities) closed the year at $17M, with reported net income of $-4,585,448 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 1 prior plan-year filing 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)$21M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$-4,585,448
Plan Type401(k)
Employer EIN710691641
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boyd Metals of Fort Smith, Inc.)

Year Plans Participants Total Assets
2022 1 198 $17M
2023 1 234 N/A

Nearby 401(k) Plans in Arkansas

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

Frequently Asked Questions

How much money is in the Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust?
As of the 2022 Form 5500 filing, Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust holds $17M in total assets with 198 participants. It is sponsored by Boyd Metals of Fort Smith, Inc..
What type of plan is Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust?
Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 710691641.
Who sponsors the Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust?
Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust is sponsored by Boyd Metals of Fort Smith, Inc., located in Arkansas. The sponsor's EIN is 710691641 and the plan operates in the Wholesale Trade industry.
How did Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust perform in 2022?
Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust declined by 21.7% during 2022, moving from $21M to $17M in total assets. Net income was $-4,585,448.
Where can I find official filings for Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust?
Official Form 5500 filings for Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 710691641 or plan name at efast.dol.gov.
How does Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust compare to other plans?
You can compare Boyd Metals, Inc. 401(k) Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in Arkansas 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 710691641.

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.