401(k) · DOL Form 5500 · 2023

Simcom, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
176
Participants Small participant base
69th
Percentile by assets National rank
$91,525
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Simcom Inc. 401(k) Retirement Plan · Sponsored by Simcom, Inc. · Florida · Educational Services

$16M in assets, 176 participants

Simcom, Inc.'s Simcom Inc. 401(k) Retirement Plan reported $16M in total assets and 176 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #1,909 in Educational Services (3,735 peers)

Coverage in Florida

Simcom Inc. 401(k) Retirement Plan covers 176 participants in Florida, about 28% of the average Florida filer (state average ~628 per filing). Assets: $16M.

#1,909
in Educational Services (3,735 peers)
+26.5%
assets growth YoY

Simcom Inc. 401(k) Retirement Plan's outsized position by total assets

Simcom Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$16,108,359 Top 31% higher than 69% 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

Simcom Inc. 401(k) Retirement 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. Simcom Inc. 401(k) Retirement Plan sits mid-pack in the medium band (176 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Simcom Inc. 401(k) Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Simcom Inc. 401(k) Retirement Plan end-of-year assets rose from $13M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Simcom Inc. 401(k) Retirement Plan reported participants rose from 166 in the plan year 2022 filing to 176 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 650367984 · Simcom, Inc. PY 2023 · 401(k)

Simcom Inc. 401(k) Retirement Plan · $16M · 176 · 69th

  • EOY $16M
  • 5500 176
  • ASSETS 69th
  • PCT 401(k)
  • EIN near Buffalo Hearing & Speech Center, Inc. 401(k) Plan
  • RANK ind #1909

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 Educational Services retirement plans → · Plans in Florida →

Simcom Inc. 401(k) Retirement Plan in the asset neighbourhood

Simcom Inc. 401(k) Retirement PlanSimcom Inc. 401(k) Retiremen…$16MBuffalo Hearing & Speech Center, Inc. 401(k) PlanBuffalo Hearing & Speech Cen…$16MMartinrea Heavy Stampings Inc. Shelbyville Retirement Savings PlanMartinrea Heavy Stampings In…$16MSymvionics, Inc. 401(k) Plan$16MWhitcorp Retirement Plan$16M
End-of-year total assets ($M) among Simcom Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN650367984
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Simcom, Inc.)

Sponsor-wide plan assets over time

All Simcom, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 24.143841559354858% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $12.7M $15.8M ▲ +24.1%
Year Plans Participants Total Assets
2022 1 166 $13M
2023 1 176 $16M
2024 1 203 $16M

Nearby 401(k) Plans in Florida

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

Simcom Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Simcom Inc. 401(k) Retirement Plan, Total assets ($B): 0.016108359 · Participants: 176Simcom Inc. 401(k) Retirement PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Simcom Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Simcom Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Buffalo Hearing & Speech Center, Inc. 401(k) Plan in NY ($16M); by covered participants it is Red Nucleus Solutions 401(k) Retirement Plan in PA (176 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (176 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 Simcom Inc. 401(k) Retirement Plan assets move in 2023?
Simcom Inc. 401(k) Retirement Plan grew sharply - up 26.5% during 2023, from $13M to $16M. Reported net income was $3M.
How have Simcom, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Simcom, Inc.'s sponsor-wide assets grew 24.1%, from $13M to $16M.
Which 401(k) plans are similar in size to Simcom Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Buffalo Hearing & Speech Center, Inc. 401(k) Plan in NY ($16M, 301 participants).
Which 401(k) plans cover a similar participant headcount to Simcom Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Red Nucleus Solutions 401(k) Retirement Plan in PA (176 participants, $18M in assets).