401(k) · DOL Form 5500 · 2023

Befco Engineering Inc 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
14
Participants Small participant base
51st
Percentile by assets National rank
$496,654
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Befco Engineering Inc. 401(k) Plan · Sponsored by Befco Engineering Inc · Texas · Professional & Technical Services

$7M in assets, 14 participants

Befco Engineering Inc's Befco Engineering Inc. 401(k) Plan reported $7M in total assets and 14 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #10,020 in Professional & Technical Services (20,321 peers)

Befco Engineering Inc multi-year trail

Befco Engineering Inc's plans moved +45.7% in assets from 2022 to 2024; this filing shows Befco Engineering Inc. 401(k) Plan at $7M / 14 participants.

#10,020
in Professional & Technical Services (20,321 peers)
+23.9%
assets growth YoY

Befco Engineering Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Befco Engineering Inc. 401(k) Plan vs every filed plan by assets

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

$6,953,161 Top 49% higher than 51% 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

Befco Engineering Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Befco Engineering Inc. 401(k) Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Befco Engineering Inc. 401(k) Plan reported net income rose from -$720K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Befco Engineering Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Befco Engineering Inc. 401(k) Plan reported participants rose from 13 in the plan year 2022 filing to 14 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 742211855 · Befco Engineering Inc PY 2023 · 401(k)

Befco Engineering Inc. 401(k) Plan · $7M · 14 · 51st

  • PCT $7M
  • EIN 14
  • RANK 51st
  • PHOTO 401(k)
  • IND near Higgins Group, Inc. Retirement Plan
  • EOY ind #10020

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 Texas →

Befco Engineering Inc. 401(k) Plan in the asset neighbourhood

Befco Engineering Inc. 401(k) PlanBefco Engineering Inc. 401(k…$7MHiggins Group, Inc. Retirement PlanHiggins Group, Inc. Retireme…$7MProvenza Floors, Inc., 401(k) Profit Sharing PlanProvenza Floors, Inc., 401(k…$7MReal Estate Commission Retirement Savings PlanReal Estate Commission Retir…$7MKaivac, Inc. 401(k) Plan$7M
End-of-year total assets ($M) among Befco Engineering Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Befco Engineering Inc multi-year asset trail

Sponsor-wide plan assets over time

All Befco Engineering Inc plans reported in each filing year

Latest sponsor-wide plan assets
$8M 45.733441299355874% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.61M $8.18M ▲ +45.8%
Year Plans Participants Total Assets
2022 1 13 $6M
2023 1 14 $7M
2024 1 12 $8M

Befco Engineering Inc filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN742211855
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

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

Befco Engineering Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Befco Engineering Inc. 401(k) Plan, Total assets ($B): 0.006953161 · Participants: 14Befco Engineering Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Befco Engineering Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Befco Engineering Inc. 401(k) Plan side-by-side with 3 peers →

Befco Engineering Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Higgins Group, Inc. Retirement Plan in KS ($7M); by covered participants it is Gibbs Maintenance, Profit Sharing Plan and Trust in CA (14 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (14 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 Befco Engineering Inc. 401(k) Plan assets move in 2023? ▼
Befco Engineering Inc. 401(k) Plan grew sharply - up 23.9% during 2023, from $6M to $7M. Reported net income was $1M.
How have Befco Engineering Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Befco Engineering Inc's sponsor-wide assets grew 45.7%, from $6M to $8M.
Which 401(k) plans are similar in size to Befco Engineering Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Higgins Group, Inc. Retirement Plan in KS ($7M, 145 participants).
Which 401(k) plans cover a similar participant headcount to Befco Engineering Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gibbs Maintenance, Profit Sharing Plan and Trust in CA (14 participants, N/A 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 742211855.

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.