401(k) · DOL Form 5500 · 2023

North American Association of Food Equipment Manufacturers 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
8
Participants Small participant base
47th
Percentile by assets National rank
$726,083
Avg per participant High balance/head
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Official DOL plan name: Nafem 401(k) Profit Sharing Plan · Sponsored by North American Association of Food Equipment Manufacturers · Illinois · Other Services

$6M in assets, 8 participants

North American Association of Food Equipment Manufacturers's Nafem 401(k) Profit Sharing Plan reported $6M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,340 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Nafem 401(k) Profit Sharing Plan ranks #5,340 of 7,857 2023 filers by assets (346% of the sector average)-$6M for 8 participants.

#5,340
in Other Services (7,857 peers)
+14.5%
assets growth YoY

Nafem 401(k) Profit Sharing Plan's mid-pack asset rank among Other Services and all filers

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

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

$5,808,663 47th percentile higher than 47% 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

Nafem 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. Nafem 401(k) Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nafem 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $736K in the plan year 2023 filing.
  • Nafem 401(k) Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Nafem 401(k) Profit Sharing Plan reported participants rose from 7 in the plan year 2022 filing to 8 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 366082586 · North American Association of Food Equipment Manufacturers PY 2023 · 401(k)

Nafem 401(k) Profit Sharing Plan · $6M · 8 · 47th

  • ASSETS $6M
  • PCT 8
  • EIN 47th
  • RANK 401(k)
  • PHOTO near Cherrylake's 401(k) Plan
  • IND ind #5340

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 Other Services retirement plans → · Plans in Illinois →

Nafem 401(k) Profit Sharing Plan in the asset neighbourhood

Nafem 401(k) Profit Sharing PlanNafem 401(k) Profit Sharing …$6MCherrylake's 401(k) Plan$6MJaindl Farms, LLC 401(k) Profit Sharing PlanJaindl Farms, LLC 401(k) Pro…$6MSunset Imports Inc. 401(k) PlanSunset Imports Inc. 401(k) P…$6MFeedzai 401(k) Plan$6M
End-of-year total assets ($M) among Nafem 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$736K
Employer EIN366082586
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North American Association of Food Equipment Manufacturers)

Sponsor-wide plan assets over time

All North American Association of Food Equipment Manufacturers plans reported in each filing year

Latest sponsor-wide plan assets
$6M 27.702864952271828% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M$6.5M$7M 202220232024 $5.07M $6.48M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 7 $5M
2023 1 8 $6M
2024 1 9 $6M

Nearby 401(k) Plans in Illinois

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

Nafem 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Nafem 401(k) Profit Sharing Plan, Total assets ($B): 0.005808663 · Participants: 8Nafem 401(k) Profit Sharing PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Nafem 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

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

Outside Illinois, the nearest 401(k) by assets is Cherrylake's 401(k) Plan in FL ($6M); by covered participants it is Burke Optometry, Inc. 401(k) Plan in CA (8 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Nafem 401(k) Profit Sharing Plan assets move in 2023?
Nafem 401(k) Profit Sharing Plan grew at a solid clip - up 14.5% during 2023, from $5M to $6M. Reported net income was $736K.
How have North American Association of Food Equipment Manufacturers plan assets changed over time?
Across 3 plan years on file (2022-2024), North American Association of Food Equipment Manufacturers's sponsor-wide assets grew 27.7%, from $5M to $6M.
Which 401(k) plans are similar in size to Nafem 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Cherrylake's 401(k) Plan in FL ($6M, 420 participants).
Which 401(k) plans cover a similar participant headcount to Nafem 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Burke Optometry, Inc. 401(k) Plan in CA (8 participants, $263K in assets).