Profit Sharing · DOL Form 5500 · 2023

Sefar Inc. Profit Sharing Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
181
Participants Below avg headcount
74th
Percentile by assets National rank
$119,367
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#12,027
in Manufacturing (18,722 peers)
+16.8%
assets growth YoY

Sefar 401(k) Plan's outsized position 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

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

Sefar 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sefar 401(k) Plan sits mid-pack in the medium band (181 participants).

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 135438420 · Sefar Inc. PY 2023 · Profit Sharing

Sefar 401(k) Plan · $22M · 181 · 74th

  • 5500 $22M
  • ASSETS 181
  • PCT 74th
  • EIN Profit Sharing
  • RANK near Oliver Sprinkler Co., Inc. Profit Sharing Plan
  • PHOTO ind #12027

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 Manufacturing retirement plans → · Plans in New York →

Sefar 401(k) Plan in the asset neighbourhood

Iuoe Local 965 Annuity Plan$22MSefar 401(k) Plan$22MOliver Sprinkler Co., Inc. Profit Sharing PlanOliver Sprinkler Co., Inc. P…$22MCalifornia Thoroughbred Trainers Backstretch Employees' Retirement Savings Pension PlanCalifornia Thoroughbred Trai…$22MElement Care, Inc. 403(b) PlanElement Care, Inc. 403(b) Pl…$22M
End-of-year total assets ($M) among Sefar 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN135438420
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sefar Inc.)

Sponsor-wide plan assets over time

All Sefar Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 27.418826169068407% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $18.5M $23.6M ▲ +27.5%
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 Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Sefar 401(k) Plan, Total assets ($B): 0.021605368 · Participants: 181Sefar 401(k) PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Sefar 401(k) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

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

Outside New York, the nearest Profit Sharing by assets is Oliver Sprinkler Co., Inc. Profit Sharing Plan in PA ($22M); by covered participants it is Semper Fi & America's Fund ERISA 403(b) Plan in VA (181 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (181 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 Sefar 401(k) Plan assets move in 2023? ▼
Sefar 401(k) Plan grew sharply - up 16.8% during 2023, from $18M to $22M. Reported net income was $3M.
How have Sefar Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sefar Inc.'s sponsor-wide assets grew 27.4%, from $18M to $24M.
Which Profit Sharing plans are similar in size to Sefar 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Oliver Sprinkler Co., Inc. Profit Sharing Plan in PA ($22M, 163 participants).
Which Profit Sharing plans cover a similar participant headcount to Sefar 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Semper Fi & America's Fund ERISA 403(b) Plan in VA (181 participants, $4M in assets).