401(k) · DOL Form 5500 · 2023

System 7 Wolfers, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
56
Participants Small participant base
43rd
Percentile by assets National rank
$83,633
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: System 7 Wolfers 401(k) Retirement Plan · Sponsored by System 7 Wolfers, Inc. · Massachusetts · Retail Trade

$5M in assets, 56 participants

System 7 Wolfers, Inc.'s System 7 Wolfers 401(k) Retirement Plan reported $5M in total assets and 56 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,523 in Retail Trade (8,414 peers)

What the 2023 filing shows

System 7 Wolfers 401(k) Retirement Plan holds $5M for 56 participants - about $83,633 per participant, in the lower half of filed plans by assets.

#4,523
in Retail Trade (8,414 peers)
-2.6%
assets change YoY

The plan reported a net loss of $123K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

System 7 Wolfers 401(k) Retirement Plan's mid-pack asset rank among Retail Trade and all filers

System 7 Wolfers 401(k) Retirement Plan vs every filed plan by assets

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

$4,683,461 43rd percentile higher than 43% 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

System 7 Wolfers 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. System 7 Wolfers 401(k) Retirement Plan is a small filing (56 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • System 7 Wolfers 401(k) Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to -$123K in the plan year 2023 filing.
  • System 7 Wolfers 401(k) Retirement Plan reported participants rose from 46 in the plan year 2022 filing to 56 in the plan year 2023 filing.
  • System 7 Wolfers 401(k) Retirement Plan end-of-year assets fell from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 043538869 · System 7 Wolfers, Inc. PY 2023 · 401(k)

System 7 Wolfers 401(k) Retirement Plan · $5M · 56 · 43rd

  • SCH $5M
  • SCH 56
  • SCH 43rd
  • SCH 401(k)
  • SCH near The Kincaid Group Retirement Plan
  • SCH ind #4523

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 Retail Trade retirement plans → · Plans in Massachusetts →

System 7 Wolfers 401(k) Retirement Plan in the asset neighbourhood

System 7 Wolfers 401(k) Retirement PlanSystem 7 Wolfers 401(k) Reti…$5MThe Kincaid Group Retirement PlanThe Kincaid Group Retirement…$5MCamden Coalition of Healthcare 401(k) Profit Sharing Plan and TrustCamden Coalition of Healthca…$5MStrategic Link Consulting LP 401(k) & Profit Sharing PlanStrategic Link Consulting LP…$5MMission Road Ministries 401(k) PlanMission Road Ministries 401(…$5M
End-of-year total assets ($M) among System 7 Wolfers 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$123K
Employer EIN043538869
Plan Effective Date2003-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (System 7 Wolfers, Inc.)

Sponsor-wide plan assets over time

All System 7 Wolfers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 2.5523446099044342% vs 2022
2023 filing year
$4.65M$4.7M$4.75M$4.8M$4.85M 20222023 $4.81M $4.68M ▼ -2.7%
Year Plans Participants Total Assets
2022 1 46 $5M
2023 1 56 $5M

Nearby 401(k) Plans in Massachusetts

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

System 7 Wolfers 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants System 7 Wolfers 401(k) Retirement Plan, Total assets ($B): 0.004683461 · Participants: 56System 7 Wolfers 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
System 7 Wolfers 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

System 7 Wolfers 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is The Kincaid Group Retirement Plan in KS ($5M); by covered participants it is Specialty Steak Service Retirement Plan in PA (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 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 System 7 Wolfers 401(k) Retirement Plan assets move in 2023?
System 7 Wolfers 401(k) Retirement Plan edged down modestly - down 2.6% during 2023, from $5M to $5M. Reported net income was -$123K.
How have System 7 Wolfers, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), System 7 Wolfers, Inc.'s sponsor-wide assets declined 2.6%, from $5M to $5M.
Which 401(k) plans are similar in size to System 7 Wolfers 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is The Kincaid Group Retirement Plan in KS ($5M, 198 participants).
Which 401(k) plans cover a similar participant headcount to System 7 Wolfers 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Specialty Steak Service Retirement Plan in PA (56 participants, N/A in assets).