401(k) · DOL Form 5500 · 2023

Backer Inc. 401(k) Plan

Data updated 2026-08-25

$2K
Total assets Small plan by assets
1
Participants Small participant base
1st
Percentile by assets National rank
$1,901
Avg per participant Low balance/head
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Official DOL plan name: Backer Inc. Retirement Plan · Sponsored by Backer Inc. · Texas · Food Services & Accommodation

$2K in assets, 1 participants

Backer Inc.'s Backer Inc. Retirement Plan reported $2K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 1st 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.

  • #53 in Food Services & Accommodation (3,828 peers)

Backer Inc. multi-year trail

Backer Inc.'s plans moved -83.8% in assets from 2022 to 2024; this filing shows Backer Inc. Retirement Plan at $2K / 1 participant.

#53
in Food Services & Accommodation (3,828 peers)
-84.2%
assets change YoY

The plan reported a net loss of $10K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Backer Inc. Retirement Plan among the smaller filed plans by assets

Backer Inc. Retirement Plan vs every filed plan by assets

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

$1,901 1st percentile higher than 1% 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

Backer Inc. Retirement 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. Backer Inc. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Backer Inc. Retirement Plan reported net income rose from -$593K in the plan year 2022 filing to -$10K in the plan year 2023 filing.
  • Backer Inc. Retirement Plan reported participants fell from 41 in the plan year 2022 filing to 1 in the plan year 2023 filing.
  • Backer Inc. Retirement Plan end-of-year assets fell from $12K in the plan year 2022 filing to $2K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 843206395 · Backer Inc. PY 2023 · 401(k)

Backer Inc. Retirement Plan · $2K · 1 · 1st

  • 5500 $2K
  • 5500 1
  • 5500 1st
  • 5500 401(k)
  • 5500 near Qwerty, Inc. 401(k) Plan
  • 5500 ind #53

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 Food Services & Accommodation retirement plans → · Plans in Texas →

Backer Inc. Retirement Plan in the asset neighbourhood

Backer Inc. Retirement Plan$2KQwerty, Inc. 401(k) Plan$2KShifting Paradigms Inc. 401(k) PlanShifting Paradigms Inc. 401(…$2KDelaco - Kasle LLC Savings PlanDelaco - Kasle LLC Savings P…$2KIsi 401(k)$2K
End-of-year total assets ($M) among Backer Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Backer Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Backer Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2K 83.79413724183877% vs 2022
2024 filing year
$0M$0.01M$0.01M$0.02M 202220232024 $0.01M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 41 $12K
2023 1 1 $2K
2024 1 1 $2K

Backer Inc. filing trail (2023)

Total Assets (Beginning of Year)$12K
Net Assets (End of Year)$2K
Net Income-$10K
Employer EIN843206395
Plan Effective Date2019-10-06
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

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

Backer Inc. Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Backer Inc. Retirement Plan, Total assets ($B): 0.000001901 · Participants: 1Backer Inc. Retirement 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
Backer Inc. Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

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

Outside Texas, the nearest 401(k) by assets is Qwerty, Inc. 401(k) Plan in AZ ($2K); by covered participants it is Beandel, Inc. 401(k) Profit Sharing Plan in UT (1 participant). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2K here).

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Backer Inc. Retirement Plan assets move in 2023?
Backer Inc. Retirement Plan contracted severely - down 84.2% during 2023, from $12K to $2K. Reported net income was -$10K.
How have Backer Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Backer Inc.'s sponsor-wide assets declined 83.8%, from $12K to $2K.
Where does Backer Inc. Retirement Plan rank by assets among Form 5500 filers?
Backer Inc. Retirement Plan ranks in the 1st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Backer Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Qwerty, Inc. 401(k) Plan in AZ ($2K, 1 participant).
Which 401(k) plans cover a similar participant headcount to Backer Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Beandel, Inc. 401(k) Profit Sharing Plan in UT (1 participant, $458 in assets).