401(k) · DOL Form 5500 · 2023

Benecard Services, Inc. 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
466
Participants Below avg headcount
83rd
Percentile by assets National rank
$89,251
Avg per participant Below avg balance/head
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Official DOL plan name: Benecard 401(k) Plan · Sponsored by Benecard Services, Inc. · New Jersey · Professional & Technical Services

$42M in assets, 466 participants

Benecard Services, Inc.'s Benecard 401(k) Plan reported $42M in total assets and 466 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #17,140 in Professional & Technical Services (20,321 peers)

Where Benecard 401(k) Plan sits by assets

Benecard 401(k) Plan sits in the top quartile of all filed plans by assets, $42M for 466 participants (~$89,251/participant), up 19.9% in 2023.

#17,140
in Professional & Technical Services (20,321 peers)
+19.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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

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

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

$41,590,942 Top 17% higher than 83% 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

Benecard 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. Benecard 401(k) Plan sits mid-pack in the medium band (466 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Benecard 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Benecard 401(k) Plan end-of-year assets rose from $35M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Benecard 401(k) Plan reported participants rose from 447 in the plan year 2022 filing to 466 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 222998772 · Benecard Services, Inc. PY 2023 · 401(k)

Benecard 401(k) Plan · $42M · 466 · 83rd

  • NET $42M
  • NET 466
  • NET 83rd
  • NET 401(k)
  • NET near Dunnhumby Inc. 401(k) Plan
  • NET ind #17140

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 New Jersey →

Benecard 401(k) Plan in the asset neighbourhood

Benecard 401(k) Plan$42MDunnhumby Inc. 401(k) Plan$42MThalhimer, Inc. 401(k) Plan$42MSystem Scale Corporation Employee Stock Ownership PlanSystem Scale Corporation Emp…$42MWomen's Care, P.C. Section 401(k) Profit Sharing PlanWomen's Care, P.C. Section 4…$42M
End-of-year total assets ($M) among Benecard 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)$35M
Net Assets (End of Year)$42M
Net Income$7M
Employer EIN222998772
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Benecard Services, Inc.)

Sponsor-wide plan assets over time

All Benecard Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$47M 34.91156582278897% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $34.7M $46.8M ▲ +34.9%
Year Plans Participants Total Assets
2022 1 447 $35M
2023 1 466 $42M
2024 1 528 $47M

Nearby 401(k) Plans in New Jersey

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

Benecard 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Benecard 401(k) Plan, Total assets ($B): 0.041590942 · Participants: 466Benecard 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Benecard 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Benecard 401(k) Plan side-by-side with 3 peers →

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

Outside New Jersey, the nearest 401(k) by assets is Dunnhumby Inc. 401(k) Plan in OH ($42M); by covered participants it is New Directions Retirement Savings Plan for Family Care Network in WA (466 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (466 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 Benecard 401(k) Plan assets move in 2023? ▼
Benecard 401(k) Plan grew sharply - up 19.9% during 2023, from $35M to $42M. Reported net income was $7M.
How have Benecard Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Benecard Services, Inc.'s sponsor-wide assets grew 34.9%, from $35M to $47M.
Where does Benecard 401(k) Plan rank by assets among Form 5500 filers? ▼
Benecard 401(k) Plan ranks in the 83rd 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 Benecard 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dunnhumby Inc. 401(k) Plan in OH ($42M, 196 participants).
Which 401(k) plans cover a similar participant headcount to Benecard 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is New Directions Retirement Savings Plan for Family Care Network in WA (466 participants, $93M 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 222998772.

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.