401(k) · DOL Form 5500 · 2023

Smiledirectclub, LLC 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
1,360
Participants Near avg headcount
81st
Percentile by assets National rank
$24,717
Avg per participant Low balance/head
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Official DOL plan name: Smiledirectclub 401(k) Plan · Sponsored by Smiledirectclub, LLC · Texas · Professional & Technical Services

$34M in assets, 1,360 participants

Smiledirectclub, LLC's Smiledirectclub 401(k) Plan reported $34M in total assets and 1,360 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,541 in Professional & Technical Services (20,321 peers)

Where Smiledirectclub 401(k) Plan sits by assets

Smiledirectclub 401(k) Plan sits in the top quartile of all filed plans by assets, $34M for 1,360 participants (~$24,717/participant), up 7.6% in 2023.

#16,541
in Professional & Technical Services (20,321 peers)
+7.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$33,615,049 Top 19% higher than 81% 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

Smiledirectclub 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. Smiledirectclub 401(k) Plan lands in the large band (1,360 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smiledirectclub 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Smiledirectclub 401(k) Plan reported participants fell from 1,936 in the plan year 2022 filing to 1,360 in the plan year 2023 filing.
  • Smiledirectclub 401(k) Plan end-of-year assets rose from $31M in the plan year 2022 filing to $34M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 471363956 · Smiledirectclub, LLC PY 2023 · 401(k)

Smiledirectclub 401(k) Plan · $34M · 1,360 · 81st

  • EOY $34M
  • EOY 1,360
  • EOY 81st
  • EOY 401(k)
  • EOY near Neuropace, Inc. 401(k) Plan
  • EOY ind #16541

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 Professional & Technical Services retirement plans → · Plans in Texas →

Smiledirectclub 401(k) Plan in the asset neighbourhood

Smiledirectclub 401(k) Plan$34MPiggly Wiggly Alabama Distributing Co., Inc. 401(k) Savings PlanPiggly Wiggly Alabama Distri…$34MRosenboom Machine & Tool Inc Retirement Plan & TrustRosenboom Machine & Tool Inc…$34MAdams Construction Company Employees 401(k) PlanAdams Construction Company E…$34MNeuropace, Inc. 401(k) Plan$34M
End-of-year total assets ($M) among Smiledirectclub 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$34M
Net Income$2M
Employer EIN471363956
Plan Effective Date2017-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smiledirectclub, LLC)

Sponsor-wide plan assets over time

All Smiledirectclub, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$25M 20.441901760697075% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $31.2M $24.9M ▼ -20.4%
Year Plans Participants Total Assets
2022 1 1,936 $31M
2023 1 1,360 $34M
2024 1 N/A $25M

Nearby 401(k) Plans in Texas

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

Smiledirectclub 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Smiledirectclub 401(k) Plan, Total assets ($B): 0.033615049 · Participants: 1360Smiledirectclub 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Smiledirectclub 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Smiledirectclub 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Neuropace, Inc. 401(k) Plan in CA ($34M); by covered participants it is Varex Imaging Corporation 401(k) Retirement Plan in UT (1,360 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,360 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 Smiledirectclub 401(k) Plan assets move in 2023? ▼
Smiledirectclub 401(k) Plan grew at a solid clip - up 7.6% during 2023, from $31M to $34M. Reported net income was $2M.
How have Smiledirectclub, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smiledirectclub, LLC's sponsor-wide assets declined 20.4%, from $31M to $25M.
Where does Smiledirectclub 401(k) Plan rank by assets among Form 5500 filers? ▼
Smiledirectclub 401(k) Plan ranks in the 81st 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 Smiledirectclub 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Neuropace, Inc. 401(k) Plan in CA ($34M, 168 participants).
Which 401(k) plans cover a similar participant headcount to Smiledirectclub 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Varex Imaging Corporation 401(k) Retirement Plan in UT (1,360 participants, $141M 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 471363956.

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.