401(k) · DOL Form 5500 · 2023

Efco Corp. 401(k) Plan

Data updated 2026-08-25

$89M
Total assets Below avg plan size
651
Participants Below avg headcount
90th
Percentile by assets National rank
$136,508
Avg per participant Near avg balance/head
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Official DOL plan name: Efco Contribution & 401(k) Plan · Sponsored by Efco Corp. · Iowa · Manufacturing

$89M in assets, 651 participants

Efco Corp.'s Efco Contribution & 401(k) Plan reported $89M in total assets and 651 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #16,045 in Manufacturing (18,722 peers)

Where Efco Contribution & 401(k) Plan sits by assets

Efco Contribution & 401(k) Plan sits in the top 10% of all filed plans by assets, $89M for 651 participants (~$136,508/participant), up 14.2% in 2023.

#16,045
in Manufacturing (18,722 peers)
+14.2%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Efco Contribution & 401(k) Plan's outsized position by total assets

Efco Contribution & 401(k) Plan vs every filed plan by assets

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

$88,866,672 Top 10% higher than 90% 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

Efco Contribution & 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. Efco Contribution & 401(k) Plan sits mid-pack in the medium band (651 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Efco Contribution & 401(k) Plan reported net income rose from -$17M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Efco Contribution & 401(k) Plan end-of-year assets rose from $78M in the plan year 2022 filing to $89M in the plan year 2023 filing.
  • Efco Contribution & 401(k) Plan reported participants fell from 716 in the plan year 2022 filing to 651 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 421360262 · Efco Corp. PY 2023 · 401(k)

Efco Contribution & 401(k) Plan · $89M · 651 · 90th

  • BOOK $89M
  • VS-ST 651
  • BOY 90th
  • SCH 401(k)
  • EBSA near Roivant Sciences, Inc. 401(k) Plan
  • PART ind #16045

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 Iowa →

Efco Contribution & 401(k) Plan in the asset neighbourhood

Novanta Ati 401(k) Plan$89MColumbia Helicopters, Inc. Amended and Restated Profit Sharing PlanColumbia Helicopters, Inc. A…$89MEfco Contribution & 401(k) PlanEfco Contribution & 401(k) P…$89MThe Psomas Retirement Savings PlanThe Psomas Retirement Saving…$89MRoivant Sciences, Inc. 401(k) PlanRoivant Sciences, Inc. 401(k…$89M
End-of-year total assets ($M) among Efco Contribution & 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)$78M
Net Assets (End of Year)$89M
Net Income$11M
Employer EIN421360262
Plan Effective Date1983-03-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Efco Corp.)

Sponsor-wide plan assets over time

All Efco Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$101M 29.12497109814856% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $77.8M $101M ▲ +29.1%
Year Plans Participants Total Assets
2022 1 716 $78M
2023 1 651 $89M
2024 1 711 $101M

Nearby 401(k) Plans in Iowa

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

Efco Contribution & 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Efco Contribution & 401(k) Plan, Total assets ($B): 0.088866672 · Participants: 651Efco Contribution & 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Efco Contribution & 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Efco Contribution & 401(k) Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Roivant Sciences, Inc. 401(k) Plan in NY ($89M); by covered participants it is Weinstein Properties Employees' 401(k) Plan in VA (651 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($89M here).

Similar participant headcount

Nearest other-state filings by covered participants (651 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 Efco Contribution & 401(k) Plan assets move in 2023? ▼
Efco Contribution & 401(k) Plan grew at a solid clip - up 14.2% during 2023, from $78M to $89M. Reported net income was $11M.
How have Efco Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Efco Corp.'s sponsor-wide assets grew 29.1%, from $78M to $101M.
Where does Efco Contribution & 401(k) Plan rank by assets among Form 5500 filers? ▼
Efco Contribution & 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Efco Contribution & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Roivant Sciences, Inc. 401(k) Plan in NY ($89M, 796 participants).
Which 401(k) plans cover a similar participant headcount to Efco Contribution & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Weinstein Properties Employees' 401(k) Plan in VA (651 participants, $13M 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 421360262.

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.