401(k) · DOL Form 5500 · 2023

Telescents, Inc. Dba Fragrance Net.Com 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
287
Participants Below avg headcount
64th
Percentile by assets National rank
$44,533
Avg per participant Low balance/head
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Official DOL plan name: Fragrance Net 401(k) Plan · Sponsored by Telescents, Inc. Dba Fragrance Net.Com · New York · Retail Trade

$13M in assets, 287 participants

Telescents, Inc. Dba Fragrance Net.Com's Fragrance Net 401(k) Plan reported $13M in total assets and 287 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #6,271 in Retail Trade (8,414 peers)

Coverage in New York

Fragrance Net 401(k) Plan covers 287 participants in New York, about 36% of the average New York filer (state average ~798 per filing). Assets: $13M.

#6,271
in Retail Trade (8,414 peers)
+35.5%
assets growth YoY

Fragrance Net 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Fragrance Net 401(k) Plan vs every filed plan by assets

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

$12,780,846 Top 36% higher than 64% 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

Fragrance Net 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. Fragrance Net 401(k) Plan sits mid-pack in the medium band (287 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fragrance Net 401(k) Plan reported net income rose from -$807K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Fragrance Net 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Fragrance Net 401(k) Plan reported participants rose from 268 in the plan year 2022 filing to 287 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 113395304 · Telescents, Inc. Dba Fragrance Net.Com PY 2023 · 401(k)

Fragrance Net 401(k) Plan · $13M · 287 · 64th

  • SCH $13M
  • SCH 287
  • SCH 64th
  • SCH 401(k)
  • SCH near Pittsburg Tank & Tower Co., Inc. Employees Savings Trust
  • SCH ind #6271

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 New York →

Fragrance Net 401(k) Plan in the asset neighbourhood

Fragrance Net 401(k) Plan$13MPittsburg Tank & Tower Co., Inc. Employees Savings TrustPittsburg Tank & Tower Co., …$13MMarts & Lundy Inc. 401(k) Salary Savings PlanMarts & Lundy Inc. 401(k) Sa…$13MR. H. Foster Energy, LLC Retirement PlanR. H. Foster Energy, LLC Ret…$13MDawson Construction, LLC Retirement PlanDawson Construction, LLC Ret…$13M
End-of-year total assets ($M) among Fragrance Net 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN113395304
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Telescents, Inc. Dba Fragrance Net.Com)

Sponsor-wide plan assets over time

All Telescents, Inc. Dba Fragrance Net.Com plans reported in each filing year

Latest sponsor-wide plan assets
$16M 67.228149825406% vs 2022
2024 filing year
$8M$10M$12M$14M$16M$18M 202220232024 $9.43M $15.8M ▲ +67.2%
Year Plans Participants Total Assets
2022 1 268 $9M
2023 1 287 $13M
2024 1 328 $16M

Nearby 401(k) Plans in New York

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

Fragrance Net 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Fragrance Net 401(k) Plan, Total assets ($B): 0.012780846 · Participants: 287Fragrance Net 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Fragrance Net 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

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

Outside New York, the nearest 401(k) by assets is Pittsburg Tank & Tower Co., Inc. Employees Savings Trust in KY ($13M); by covered participants it is Sentinel 401(k) and Profit Sharing Plan in CA (287 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (287 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 Fragrance Net 401(k) Plan assets move in 2023?
Fragrance Net 401(k) Plan surged - up 35.5% during 2023, from $9M to $13M. Reported net income was $3M.
How have Telescents, Inc. Dba Fragrance Net.Com plan assets changed over time?
Across 3 plan years on file (2022-2024), Telescents, Inc. Dba Fragrance Net.Com's sponsor-wide assets grew 67.2%, from $9M to $16M.
Which 401(k) plans are similar in size to Fragrance Net 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Pittsburg Tank & Tower Co., Inc. Employees Savings Trust in KY ($13M, 323 participants).
Which 401(k) plans cover a similar participant headcount to Fragrance Net 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sentinel 401(k) and Profit Sharing Plan in CA (287 participants, $10M in assets).