401(k) · DOL Form 5500 · 2023

Usherwood Business Equipment Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
144
Participants Small participant base
58th
Percentile by assets National rank
$66,146
Avg per participant Below avg balance/head
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Official DOL plan name: Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan · Sponsored by Usherwood Business Equipment Inc. · New York · Wholesale Trade

$10M in assets, 144 participants

Usherwood Business Equipment Inc.'s Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan reported $10M in total assets and 144 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,107 in Wholesale Trade (6,309 peers)

Coverage in New York

Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan covers 144 participants in New York, about 18% of the average New York filer (state average ~798 per filing). Assets: $10M.

#3,107
in Wholesale Trade (6,309 peers)
+11.6%
assets growth YoY

Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan vs every filed plan by assets

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

$9,524,976 Top 42% higher than 58% 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

Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) 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. Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan reported net income fell from $2M in the plan year 2022 filing to $987K in the plan year 2023 filing.
  • Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan reported participants rose from 127 in the plan year 2022 filing to 144 in the plan year 2023 filing.
  • Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 161135311 · Usherwood Business Equipment Inc. PY 2023 · 401(k)

Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan · $10M · 144 · 58th

  • PART $10M
  • TYPE 144
  • NET 58th
  • BOOK 401(k)
  • VS-ST near Diamond Residential Mortgage Corporation 401(k) Plan
  • BOY ind #3107

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 Wholesale Trade retirement plans → · Plans in New York →

Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan in the asset neighbourhood

Colder's, Inc. 401(k) Plan$10MArland Tool & Manufacturing Inc. 401(k) PlanArland Tool & Manufacturing …$10MUsherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing PlanUsherwood Business Equipment…$10MDiamond Residential Mortgage Corporation 401(k) PlanDiamond Residential Mortgage…$10MSumco Eco-Contracting 401(k) PlanSumco Eco-Contracting 401(k)…$10M
End-of-year total assets ($M) among Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) 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)$10M
Net Income$987K
Employer EIN161135311
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Usherwood Business Equipment Inc.)

Sponsor-wide plan assets over time

All Usherwood Business Equipment Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 35.718330889801905% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.54M $11.6M ▲ +35.7%
Year Plans Participants Total Assets
2022 1 127 $9M
2023 1 144 $10M
2024 1 144 $12M

Nearby 401(k) Plans in New York

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

Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan, Total assets ($B): 0.009524976 · Participants: 144Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) 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
Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants

Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Diamond Residential Mortgage Corporation 401(k) Plan in IL ($10M); by covered participants it is Eagle Granite 401(k) Plan in GA (144 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan assets move in 2023?
Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan grew at a solid clip - up 11.6% during 2023, from $9M to $10M. Reported net income was $987K.
How have Usherwood Business Equipment Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Usherwood Business Equipment Inc.'s sponsor-wide assets grew 35.7%, from $9M to $12M.
Which 401(k) plans are similar in size to Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Diamond Residential Mortgage Corporation 401(k) Plan in IL ($10M, 200 participants).
Which 401(k) plans cover a similar participant headcount to Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Eagle Granite 401(k) Plan in GA (144 participants, N/A in assets).