401(k) · DOL Form 5500 · 2023

Simplify Compliance, LLC 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
397
Participants Below avg headcount
82nd
Percentile by assets National rank
$90,328
Avg per participant Below avg balance/head
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Official DOL plan name: Simplify Compliance 401(k) Plan · Sponsored by Simplify Compliance, LLC · Tennessee · Information & Media

$36M in assets, 397 participants

Simplify Compliance, LLC's Simplify Compliance 401(k) Plan reported $36M in total assets and 397 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #2,111 in Information & Media (2,818 peers)

Coverage in Tennessee

Simplify Compliance 401(k) Plan covers 397 participants in Tennessee, about 35% of the average Tennessee filer (state average ~1,126 per filing). Assets: $36M.

#2,111
in Information & Media (2,818 peers)
+6.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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

Simplify Compliance 401(k) Plan vs every filed plan by assets

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

$35,860,035 Top 18% higher than 82% 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

Simplify Compliance 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. Simplify Compliance 401(k) Plan sits mid-pack in the medium band (397 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Simplify Compliance 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Simplify Compliance 401(k) Plan end-of-year assets rose from $34M in the plan year 2022 filing to $36M in the plan year 2023 filing.
  • Simplify Compliance 401(k) Plan reported participants rose from 380 in the plan year 2022 filing to 397 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 260753128 · Simplify Compliance, LLC PY 2023 · 401(k)

Simplify Compliance 401(k) Plan · $36M · 397 · 82nd

  • PCT $36M
  • PCT 397
  • PCT 82nd
  • PCT 401(k)
  • PCT near Newcomb & Boyd Profit Sharing Plan
  • PCT ind #2111

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 Information & Media retirement plans → · Plans in Tennessee →

Simplify Compliance 401(k) Plan in the asset neighbourhood

Pkl Services, Inc. Employee Stock Ownership PlanPkl Services, Inc. Employee …$36MSimplify Compliance 401(k) PlanSimplify Compliance 401(k) P…$36MNewcomb & Boyd Profit Sharing PlanNewcomb & Boyd Profit Sharin…$36MService Lloyds Insurance Company Profit Sharing and 401(k) PlanService Lloyds Insurance Com…$36MUrgent Cares of America Holdings, LLC 401(k) PlanUrgent Cares of America Hold…$36M
End-of-year total assets ($M) among Simplify Compliance 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$36M
Net Income$2M
Employer EIN260753128
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Simplify Compliance, LLC)

Sponsor-wide plan assets over time

All Simplify Compliance, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$37M 11.536085465867545% vs 2022
2024 filing year
$32M$34M$36M$38M 202220232024 $33.6M $37.5M ▲ +11.5%
Year Plans Participants Total Assets
2022 1 380 $34M
2023 1 397 $36M
2024 1 243 $37M

Nearby 401(k) Plans in Tennessee

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

Simplify Compliance 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Simplify Compliance 401(k) Plan, Total assets ($B): 0.035860035 · Participants: 397Simplify Compliance 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Simplify Compliance 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Simplify Compliance 401(k) Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest 401(k) by assets is Newcomb & Boyd Profit Sharing Plan in GA ($36M); by covered participants it is Yesler, Inc 401(k) Plan in WA (397 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (397 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 Simplify Compliance 401(k) Plan assets move in 2023? ▼
Simplify Compliance 401(k) Plan grew at a solid clip - up 6.7% during 2023, from $34M to $36M. Reported net income was $2M.
How have Simplify Compliance, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simplify Compliance, LLC's sponsor-wide assets grew 11.5%, from $34M to $37M.
Where does Simplify Compliance 401(k) Plan rank by assets among Form 5500 filers? ▼
Simplify Compliance 401(k) Plan ranks in the 82nd 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 Simplify Compliance 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Newcomb & Boyd Profit Sharing Plan in GA ($36M, 239 participants).
Which 401(k) plans cover a similar participant headcount to Simplify Compliance 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Yesler, Inc 401(k) Plan in WA (397 participants, N/A 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 260753128.

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.