401(k) · DOL Form 5500 · 2023

Varflex Corporation 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
136
Participants Small participant base
60th
Percentile by assets National rank
$77,280
Avg per participant Below avg balance/head
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Official DOL plan name: Varflex Corporation Profit Sharing Plan · Sponsored by Varflex Corporation · New York · Manufacturing

$11M in assets, 136 participants

Varflex Corporation's Varflex Corporation Profit Sharing Plan reported $11M in total assets and 136 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,642 in Manufacturing (18,722 peers)

Coverage in New York

Varflex Corporation Profit Sharing Plan covers 136 participants in New York, about 17% of the average New York filer (state average ~798 per filing). Assets: $11M.

#8,642
in Manufacturing (18,722 peers)
+11.4%
assets growth YoY

Varflex Corporation Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Varflex Corporation Profit Sharing Plan vs every filed plan by assets

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

$10,510,091 Top 40% higher than 60% 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

Varflex Corporation Profit Sharing 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. Varflex Corporation Profit Sharing Plan sits mid-pack in the medium band (136 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Varflex Corporation Profit Sharing Plan reported net income rose from -$777K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Varflex Corporation Profit Sharing Plan reported participants rose from 122 in the plan year 2022 filing to 136 in the plan year 2023 filing.
  • Varflex Corporation Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 150478990 · Varflex Corporation PY 2023 · 401(k)

Varflex Corporation Profit Sharing Plan · $11M · 136 · 60th

  • RANK $11M
  • RANK 136
  • RANK 60th
  • RANK 401(k)
  • RANK near Synapse Wireless, Inc. 401(k) Plan
  • RANK ind #8642

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 New York →

Varflex Corporation Profit Sharing Plan in the asset neighbourhood

Varflex Corporation Profit Sharing PlanVarflex Corporation Profit S…$11MSynapse Wireless, Inc. 401(k) PlanSynapse Wireless, Inc. 401(k…$11MDrs. Hamilton, Wilson & Hendrickson D.D.S., P.a. Retirement PlanDrs. Hamilton, Wilson & Hend…$11MSmart Circle International, LLC 401(k) PlanSmart Circle International, …$11MLegacy Funeral Group Employees Retirement Savings PlanLegacy Funeral Group Employe…$11M
End-of-year total assets ($M) among Varflex Corporation Profit Sharing 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)$11M
Net Income$1M
Employer EIN150478990
Plan Effective Date1952-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Varflex Corporation)

Sponsor-wide plan assets over time

All Varflex Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$12M 22.019790095669894% vs 2022
2024 filing year
$9M$10M$11M$12M 202220232024 $9.44M $11.5M ▲ +22.0%
Year Plans Participants Total Assets
2022 1 122 $9M
2023 1 136 $11M
2024 1 125 $12M

Nearby 401(k) Plans in New York

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

Varflex Corporation Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Varflex Corporation Profit Sharing Plan, Total assets ($B): 0.010510091 · Participants: 136Varflex Corporation Profit Sharing 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
Varflex Corporation Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants

Varflex Corporation Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Synapse Wireless, Inc. 401(k) Plan in AL ($11M); by covered participants it is Testout Corporation Safe Harbor 401(k) Plan in UT (136 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (136 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 Varflex Corporation Profit Sharing Plan assets move in 2023?
Varflex Corporation Profit Sharing Plan grew at a solid clip - up 11.4% during 2023, from $9M to $11M. Reported net income was $1M.
How have Varflex Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Varflex Corporation's sponsor-wide assets grew 22.0%, from $9M to $12M.
Which 401(k) plans are similar in size to Varflex Corporation Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Synapse Wireless, Inc. 401(k) Plan in AL ($11M, 22 participants).
Which 401(k) plans cover a similar participant headcount to Varflex Corporation Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Testout Corporation Safe Harbor 401(k) Plan in UT (136 participants, N/A in assets).