401(k) · DOL Form 5500 · 2023

Goya Foods, Inc. 401(k) Plan

Data updated 2026-08-11

$73M
Total assets
1,248
Participants
89th
Percentile by assets
$58,861
Avg per participant
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Official DOL plan name: Goya Foods, Inc. Retirement & 401(k) Savings Plan · Sponsored by Goya Foods, Inc. · New Jersey · Manufacturing

$73M in assets, 1,248 participants

Goya Foods, Inc.'s Goya Foods, Inc. Retirement & 401(k) Savings Plan reported $73M in total assets and 1,248 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #15,671 in Manufacturing (18,722 peers)

Where Goya Foods, Inc. Retirement & 401(k) Savings Plan sits by assets

Goya Foods, Inc. Retirement & 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $73M for 1,248 participants (~$58,861/participant), up 21.1% in 2023.

$73M
total plan assets (2023 EOY)
1,248
covered participants
89th
percentile by assets (of 127,072 plans)
$58,861
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Goya Foods, Inc. Retirement & 401(k) Savings Plan reported net income rose from -$8M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Goya Foods, Inc. Retirement & 401(k) Savings Plan end-of-year assets rose from $61M in the plan year 2022 filing to $73M in the plan year 2023 filing.
  • Goya Foods, Inc. Retirement & 401(k) Savings Plan reported participants rose from 1,152 in the plan year 2022 filing to 1,248 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Goya Foods, Inc. Retirement & 401(k) Savings Plan vs the 2023 asset distribution

By assets, Goya Foods, Inc. Retirement & 401(k) Savings Plan outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$73M
Net Income$13M
Employer EIN111983666
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Goya Foods, Inc.)

$50M$60M$70M$80M$90M$100M 202220232024 $60.7M $87.6M ▲ +44.3%
Total plan assets by year, all Goya Foods, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,152 $61M
2023 1 1,248 $73M
2024 1 1,313 $88M

Nearby 401(k) Plans in New Jersey

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

Goya Foods, Inc. Retirement & 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Goya Foods, Inc. Retirement & 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Goya Foods, Inc. Ret…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Goya Foods, Inc. Retirement & 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Goya Foods, Inc. Retirement & 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Goya Foods, Inc. Retirement & 401(k) Savings Plan assets move in 2023?
Goya Foods, Inc. Retirement & 401(k) Savings Plan grew sharply - up 21.1% during 2023, from $61M to $73M. Reported net income was $13M.
How have Goya Foods, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Goya Foods, Inc.'s sponsor-wide assets grew 44.3%, from $61M to $88M.
Where does Goya Foods, Inc. Retirement & 401(k) Savings Plan rank by assets among Form 5500 filers?
Goya Foods, Inc. Retirement & 401(k) Savings Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Goya Foods, Inc. Retirement & 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Drug Plastics & Glass Company, Inc. 401(k) Profit Sharing Plan in PA ($73M, 741 participants).

Next read for Goya Foods, Inc. Retirement & 401(k) Sav…

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Ways to act on Goya Foods, Inc. Retirement & 401(k) Savings Plan's numbers.

  • By total assets, Goya Foods, Inc. Retirement & 401(k) Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
  • Goya Foods, Inc.'s sponsor-wide assets have grown 44.3% since 2022 across 3 plan years on file. More Manufacturing plans