Profit Sharing · DOL Form 5500 · 2023
Sefar Inc. Profit Sharing Plan
Data updated 2026-08-11
- $22M
- Total assets
- 181
- Participants
- 74th
- Percentile by assets
- $119,367
- Avg per participant
Official DOL plan name: Sefar 401(k) Plan · Sponsored by Sefar Inc. · New York · Manufacturing
$22M in assets, 181 participants
Sefar Inc.'s Sefar 401(k) Plan reported $22M in total assets and 181 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.
- 74th percentile by assets (of 127,072 plans)
- #12,027 in Manufacturing (18,722 peers)
Coverage in New York
Sefar 401(k) Plan covers 181 participants in New York, about 23% of the average New York filer (state average ~798 per filing). Assets: $22M.
- $22M
- total plan assets (2023 EOY)
- 181
- covered participants
- 74th
- percentile by assets (of 127,072 plans)
- $119,367
- avg assets per participant
Where Sefar 401(k) Plan sits by total assets
Sefar 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$21,605,368 Top 26% higher than 74% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sefar 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Sefar 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
- Sefar 401(k) Plan reported participants rose from 174 in the plan year 2022 filing to 181 in the plan year 2023 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Sefar 401(k) Plan reports 181 participants - about 23% of that state average ($22M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | $3M |
| Employer EIN | 135438420 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sefar Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 174 | $18M |
| 2023 | 1 | 181 | $22M |
| 2024 | 1 | 178 | $24M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sefar 401(k) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
- Annuity Plan of the Electrical Industry $2.2B · 18,907
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
- The Research Foundation for Suny Retirement Plan $1.2B · 10,120
- Mason Tenders District Council Annuity Fund $913M · 11,237
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sefar 401(k) Plan by total assets, not by location.
Frequently Asked Questions
How did Sefar 401(k) Plan assets move in 2023? ▼
How have Sefar Inc. plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Sefar 401(k) Plan? ▼
Next read for Sefar 401(k) Plan
Filing takeaways
Ways to act on Sefar 401(k) Plan's numbers.
- By total assets, Sefar 401(k) Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Sefar Inc.'s sponsor-wide assets have grown 27.4% since 2022 across 3 plan years on file. More Manufacturing plans