401(k) · DOL Form 5500 · 2023

Benedict Financial Advisors, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
9
Participants Small participant base
45th
Percentile by assets National rank
$574,370
Avg per participant High balance/head
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Official DOL plan name: Benedict Financial 401(k) Profit Sharing Plan · Sponsored by Benedict Financial Advisors, Inc. · Georgia · Finance & Insurance

$5M in assets, 9 participants

Benedict Financial Advisors, Inc.'s Benedict Financial 401(k) Profit Sharing Plan reported $5M in total assets and 9 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #2,832 in Finance & Insurance (8,869 peers)

2023 asset change

Benedict Financial 401(k) Profit Sharing Plan pulled back noticeably 8.7% in 2023 ($6M → $5M) for 9 participants.

#2,832
in Finance & Insurance (8,869 peers)
-8.7%
assets change YoY

The plan reported a net loss of $494K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Benedict Financial 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Benedict Financial 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,169,332 45th percentile higher than 45% of 127,068 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 2023

Benedict Financial 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Benedict Financial 401(k) Profit Sharing Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Benedict Financial 401(k) Profit Sharing Plan reported net income rose from -$566K in the plan year 2022 filing to -$494K in the plan year 2023 filing.
  • Benedict Financial 401(k) Profit Sharing Plan end-of-year assets fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 581490193 · Benedict Financial Advisors, Inc. PY 2023 · 401(k)

Benedict Financial 401(k) Profit Sharing Plan · $5M · 9 · 45th

  • RANK $5M
  • PHOTO 9
  • IND 45th
  • EOY 401(k)
  • 5500 near Daniel P. Buttafuoco Profit Sharing Plan
  • ASSETS ind #2832

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 Finance & Insurance retirement plans → · Plans in Georgia →

Benedict Financial 401(k) Profit Sharing Plan in the asset neighbourhood

Benedict Financial 401(k) Profit Sharing PlanBenedict Financial 401(k) Pr…$5MDaniel P. Buttafuoco Profit Sharing PlanDaniel P. Buttafuoco Profit …$5MMontgomery Village Foundation, Inc. Retirement and Savings Plan and TrustMontgomery Village Foundatio…$5MStandard Locknut, LLC Incentive Savings PlanStandard Locknut, LLC Incent…$5MWater Heaters Only, Inc. 401(k) PlanWater Heaters Only, Inc. 401…$5M
End-of-year total assets ($M) among Benedict Financial 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Benedict Financial Advisors, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Benedict Financial Advisors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 8.71829934872597% vs 2022
2023 filing year
$5M$5.2M$5.4M$5.6M$5.8M 20222023 $5.66M $5.17M ▼ -8.7%
Year Plans Participants Total Assets
2022 1 9 $6M
2023 1 9 $5M

2023 asset-move particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$494K
Employer EIN581490193
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Georgia

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

Benedict Financial 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Benedict Financial 401(k) Profit Sharing Plan, Total assets ($B): 0.005169332 · Participants: 9Benedict Financial 401(k) Profit Sharing PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Benedict Financial 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Benedict Financial 401(k) Profit Sharing Plan side-by-side with 3 peers →

Benedict Financial 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Daniel P. Buttafuoco Profit Sharing Plan in NY ($5M); by covered participants it is Consumer Construction of N. Virginia Inc. 401(k) Plan in VA (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Benedict Financial 401(k) Profit Sharing Plan assets move in 2023? ▼
Benedict Financial 401(k) Profit Sharing Plan pulled back noticeably - down 8.7% during 2023, from $6M to $5M. Reported net income was -$494K.
How have Benedict Financial Advisors, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Benedict Financial Advisors, Inc.'s sponsor-wide assets declined 8.7%, from $6M to $5M.
Which 401(k) plans are similar in size to Benedict Financial 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Daniel P. Buttafuoco Profit Sharing Plan in NY ($5M, 19 participants).
Which 401(k) plans cover a similar participant headcount to Benedict Financial 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Consumer Construction of N. Virginia Inc. 401(k) Plan in VA (9 participants, $459K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581490193.

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.