401(k) · DOL Form 5500 · 2023

Mfa Benefits LLC 401(k) Plan

Data updated 2026-08-25

$92M
Total assets Below avg plan size
4,445
Participants Above avg headcount
91st
Percentile by assets National rank
$20,778
Avg per participant Low balance/head
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Official DOL plan name: Mfa 401(k) Plan · Sponsored by Mfa Benefits LLC · New Jersey · Healthcare & Social Assistance

$92M in assets, 4,445 participants

Mfa Benefits LLC's Mfa 401(k) Plan reported $92M in total assets and 4,445 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #16,256 in Healthcare & Social Assistance (17,684 peers)

Coverage in New Jersey

Mfa 401(k) Plan covers 4,445 participants in New Jersey, 5.3x the typical New Jersey plan (state average ~844 per filing). Assets: $92M.

#16,256
in Healthcare & Social Assistance (17,684 peers)
+7.2%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Mfa 401(k) Plan's outsized position by total assets

Mfa 401(k) Plan vs every filed plan by assets

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

$92,358,304 Top 9% higher than 91% 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

Mfa 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mfa 401(k) Plan lands in the large band (4,445 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mfa 401(k) Plan reported net income rose from -$28M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Mfa 401(k) Plan reported participants fell from 7,892 in the plan year 2022 filing to 4,445 in the plan year 2023 filing.
  • Mfa 401(k) Plan end-of-year assets rose from $86M in the plan year 2022 filing to $92M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 541278483 · Mfa Benefits LLC PY 2023 · 401(k)

Mfa 401(k) Plan · $92M · 4,445 · 91st

  • BOY $92M
  • BOY 4,445
  • BOY 91st
  • BOY 401(k)
  • BOY near Curtis Instruments, Inc. 401(k) Retirement Plan
  • BOY ind #16256

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 Healthcare & Social Assistance retirement plans → · Plans in New Jersey →

Mfa 401(k) Plan in the asset neighbourhood

Trueblue, Inc. 401(k) Plan$92MKey Energy Services 401(k) Savings & Retirement PlanKey Energy Services 401(k) S…$92MMfa 401(k) Plan$92MCurtis Instruments, Inc. 401(k) Retirement PlanCurtis Instruments, Inc. 401…$92MC & S Companies 401(k) Plan$92M
End-of-year total assets ($M) among Mfa 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$92M
Net Income$6M
Employer EIN541278483
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mfa Benefits LLC)

Sponsor-wide plan assets over time

All Mfa Benefits LLC plans reported in each filing year

Latest sponsor-wide plan assets
$101M 16.74919196362786% vs 2022
2024 filing year
$80M$85M$90M$95M$100M$105M 202220232024 $86.1M $101M ▲ +16.8%
Year Plans Participants Total Assets
2022 1 7,892 $86M
2023 1 4,445 $92M
2024 1 7,625 $101M

Nearby 401(k) Plans in New Jersey

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

Mfa 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Mfa 401(k) Plan, Total assets ($B): 0.092358304 · Participants: 4445Mfa 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Mfa 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

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

Outside New Jersey, the nearest 401(k) by assets is Curtis Instruments, Inc. 401(k) Retirement Plan in NY ($92M); by covered participants it is Ineos Retirement Savings Plan in TX (4,445 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($92M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,445 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 Mfa 401(k) Plan assets move in 2023?
Mfa 401(k) Plan grew at a solid clip - up 7.2% during 2023, from $86M to $92M. Reported net income was $6M.
How have Mfa Benefits LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Mfa Benefits LLC's sponsor-wide assets grew 16.7%, from $86M to $101M.
Where does Mfa 401(k) Plan rank by assets among Form 5500 filers?
Mfa 401(k) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Mfa 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Curtis Instruments, Inc. 401(k) Retirement Plan in NY ($92M, 213 participants).
Which 401(k) plans cover a similar participant headcount to Mfa 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ineos Retirement Savings Plan in TX (4,445 participants, $1.2B in assets).