401(k) · DOL Form 5500 · 2023

Amerifirst Financial, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
313
Participants Below avg headcount
51st
Percentile by assets National rank
$22,517
Avg per participant Low balance/head
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Official DOL plan name: Amerifirst Financial, Inc. 401(k) Plan · Sponsored by Amerifirst Financial, Inc. · Arizona · Finance & Insurance

$7M in assets, 313 participants

Amerifirst Financial, Inc.'s Amerifirst Financial, Inc. 401(k) Plan reported $7M in total assets and 313 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.

  • #3,259 in Finance & Insurance (8,869 peers)

Amerifirst Financial, Inc. multi-year trail

Amerifirst Financial, Inc.'s plans moved -53.2% in assets from 2022 to 2023; this filing shows Amerifirst Financial, Inc. 401(k) Plan at $7M / 313 participants.

#3,259
in Finance & Insurance (8,869 peers)
-53.2%
assets change YoY

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Amerifirst Financial, Inc. 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Amerifirst Financial, Inc. 401(k) Plan vs every filed plan by assets

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

$7,047,840 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

Amerifirst Financial, Inc. 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. Amerifirst Financial, Inc. 401(k) Plan sits mid-pack in the medium band (313 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Amerifirst Financial, Inc. 401(k) Plan reported net income fell from -$3M in the plan year 2022 filing to -$8M in the plan year 2023 filing.
  • Amerifirst Financial, Inc. 401(k) Plan reported participants fell from 714 in the plan year 2022 filing to 313 in the plan year 2023 filing.
  • Amerifirst Financial, Inc. 401(k) Plan end-of-year assets fell from $15M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 860634557 · Amerifirst Financial, Inc. PY 2023 · 401(k)

Amerifirst Financial, Inc. 401(k) Plan · $7M · 313 · 51st

  • ASSETS $7M
  • ASSETS 313
  • ASSETS 51st
  • ASSETS 401(k)
  • ASSETS near Rizzieri Management Co., Inc. Employees' 401(k) Plan
  • ASSETS ind #3259

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 Finance & Insurance retirement plans → · Plans in Arizona →

Amerifirst Financial, Inc. 401(k) Plan in the asset neighbourhood

Amerifirst Financial, Inc. 401(k) PlanAmerifirst Financial, Inc. 4…$7MRizzieri Management Co., Inc. Employees' 401(k) PlanRizzieri Management Co., Inc…$7MGovplace Inc. 401(k) Profit Sharing PlanGovplace Inc. 401(k) Profit …$7MTeam One Contract Services 401(k) PlanTeam One Contract Services 4…$7MMaritime Energy, Inc. Retirement Savings PlanMaritime Energy, Inc. Retire…$7M
End-of-year total assets ($M) among Amerifirst Financial, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Amerifirst Financial, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Amerifirst Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 53.20952874260235% vs 2022
2023 filing year
$5M$10M$15M$20M 20222023 $15.1M $7.05M ▼ -53.2%
Year Plans Participants Total Assets
2022 1 714 $15M
2023 2 437 $7M

Amerifirst Financial, Inc. filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$7M
Net Income-$8M
Employer EIN860634557
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Arizona

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

Amerifirst Financial, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Amerifirst Financial, Inc. 401(k) Plan, Total assets ($B): 0.00704784 · Participants: 313Amerifirst Financial, Inc. 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Amerifirst Financial, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Amerifirst Financial, Inc. 401(k) Plan side-by-side with 3 peers →

Amerifirst Financial, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Rizzieri Management Co., Inc. Employees' 401(k) Plan in NJ ($7M); by covered participants it is Five Star Transportation, Inc. 401(k) Plan in MA (313 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (313 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 Amerifirst Financial, Inc. 401(k) Plan assets move in 2023? ▼
Amerifirst Financial, Inc. 401(k) Plan contracted severely - down 53.2% during 2023, from $15M to $7M. Reported net income was -$8M.
How have Amerifirst Financial, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Amerifirst Financial, Inc.'s sponsor-wide assets declined 53.2%, from $15M to $7M.
Which 401(k) plans are similar in size to Amerifirst Financial, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rizzieri Management Co., Inc. Employees' 401(k) Plan in NJ ($7M, 170 participants).
Which 401(k) plans cover a similar participant headcount to Amerifirst Financial, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Five Star Transportation, Inc. 401(k) Plan in MA (313 participants, $2M 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 860634557.

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.