401(k) · DOL Form 5500 · 2023

Smithfoods Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
350
Participants Below avg headcount
76th
Percentile by assets National rank
$70,126
Avg per participant Below avg balance/head
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Official DOL plan name: Smithfoods Inc. 401(k) Savings Plans · Sponsored by Smithfoods Inc. · Ohio · Manufacturing

$25M in assets, 350 participants

Smithfoods Inc.'s Smithfoods Inc. 401(k) Savings Plans reported $25M in total assets and 350 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,543 in Manufacturing (18,722 peers)

Coverage in Ohio

Smithfoods Inc. 401(k) Savings Plans covers 350 participants in Ohio, about 46% of the average Ohio filer (state average ~765 per filing). Assets: $25M.

#12,543
in Manufacturing (18,722 peers)
-6.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Smithfoods Inc. 401(k) Savings Plans's outsized position by total assets

Smithfoods Inc. 401(k) Savings Plans vs every filed plan by assets

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

$24,543,952 Top 24% higher than 76% 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

Smithfoods Inc. 401(k) Savings Plans 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. Smithfoods Inc. 401(k) Savings Plans sits mid-pack in the medium band (350 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smithfoods Inc. 401(k) Savings Plans reported net income rose from -$7M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Smithfoods Inc. 401(k) Savings Plans reported participants fell from 524 in the plan year 2022 filing to 350 in the plan year 2023 filing.
  • Smithfoods Inc. 401(k) Savings Plans end-of-year assets fell from $26M in the plan year 2022 filing to $25M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 205622082 · Smithfoods Inc. PY 2023 · 401(k)

Smithfoods Inc. 401(k) Savings Plans · $25M · 350 · 76th

  • TYPE $25M
  • TYPE 350
  • TYPE 76th
  • TYPE 401(k)
  • TYPE near Ta Chen International, Inc. 401(k) Plan
  • TYPE ind #12543

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 Manufacturing retirement plans → · Plans in Ohio →

Smithfoods Inc. 401(k) Savings Plans in the asset neighbourhood

Erdman Company Employees Profit Sharing/401(k) PlanErdman Company Employees Pro…$25MSmithfoods Inc. 401(k) Savings PlansSmithfoods Inc. 401(k) Savin…$25MTa Chen International, Inc. 401(k) PlanTa Chen International, Inc. …$25MThe Olympic Club Retirement Advantage PlanThe Olympic Club Retirement …$25MSEIU Local 1021 Retirement Savings PlanSEIU Local 1021 Retirement S…$25M
End-of-year total assets ($M) among Smithfoods Inc. 401(k) Savings Plans and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$25M
Net Income-$2M
Employer EIN205622082
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smithfoods Inc.)

Sponsor-wide plan assets over time

All Smithfoods Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 20.258923809090103% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $30.6M $24.4M ▼ -20.3%
Year Plans Participants Total Assets
2022 2 550 $31M
2023 2 373 $25M
2024 2 390 $24M

Nearby 401(k) Plans in Ohio

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

Smithfoods Inc. 401(k) Savings Plans vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Smithfoods Inc. 401(k) Savings Plans, Total assets ($B): 0.024543952 · Participants: 350Smithfoods Inc. 401(k) Savings PlansGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Smithfoods Inc. 401(k) Savings Plans vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Smithfoods Inc. 401(k) Savings Plans side-by-side with 3 peers →

Smithfoods Inc. 401(k) Savings Plans's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Ta Chen International, Inc. 401(k) Plan in CA ($25M); by covered participants it is Preservation Management, Inc. 401(k) Profit Sharing Plan in ME (350 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (350 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 Smithfoods Inc. 401(k) Savings Plans assets move in 2023? ▼
Smithfoods Inc. 401(k) Savings Plans pulled back noticeably - down 6.5% during 2023, from $26M to $25M. Reported net income was -$2M.
How have Smithfoods Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smithfoods Inc.'s sponsor-wide assets declined 20.3%, from $31M to $24M.
Where does Smithfoods Inc. 401(k) Savings Plans rank by assets among Form 5500 filers? ▼
Smithfoods Inc. 401(k) Savings Plans ranks in the 76th 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 Smithfoods Inc. 401(k) Savings Plans? ▼
Among 401(k) plans in other states, the closest by assets is Ta Chen International, Inc. 401(k) Plan in CA ($25M, 662 participants).
Which 401(k) plans cover a similar participant headcount to Smithfoods Inc. 401(k) Savings Plans? ▼
Among 401(k) plans in other states, the closest by covered participants is Preservation Management, Inc. 401(k) Profit Sharing Plan in ME (350 participants, $7M 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 205622082.

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.