401(k) · DOL Form 5500 · 2023

Efco Corp. 401(k) Plan

Data updated 2026-08-11

$89M
Total assets
651
Participants
90th
Percentile by assets
$136,508
Avg per participant
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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.

  • 90th percentile by assets (of 127,072 plans)
  • #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.

$89M
total plan assets (2023 EOY)
651
covered participants
90th
percentile by assets (of 127,072 plans)
$136,508
avg assets per participant

Where Efco Contribution & 401(k) Plan sits 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 $2,010,000,000 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

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 →

State
Iowa
Industry
Manufacturing

Efco Contribution & 401(k) Plan vs the 2023 asset distribution

By assets, Efco Contribution & 401(k) Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

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.)

$70M$80M$90M$100M$110M 202220232024 $77.8M $101M ▲ +29.1%
Total plan assets by year, all Efco Corp. plans on file
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 ($B) Participants Efco Contribution & …, Total assets ($B): 0.088866672 · Participants: 651Efco Contribution & …The Principal Select…, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select…Iowa Health System S…, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System S…The Hy-Vee and Affil…, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affil…The Rsm US LLP Retir…, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retir…Transamerica 401(k) …, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) …
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 →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Efco Contribution & 401(k) Plan by total assets, not by location.

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).

Next read for Efco Contribution & 401(k) Plan

Scale reading

Ways to act on Efco Contribution & 401(k) Plan's numbers.

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.