401(k) · DOL Form 5500 · 2023

Ghafari Associates, LLC 401(k) Plan

Data updated 2026-08-25

$100M
Total assets Below avg plan size
615
Participants Below avg headcount
91st
Percentile by assets National rank
$161,967
Avg per participant Above avg balance/head
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Official DOL plan name: Ghafari Companies 401(k) Plan · Sponsored by Ghafari Associates, LLC · Michigan · Professional & Technical Services

$100M in assets, 615 participants

Ghafari Associates, LLC's Ghafari Companies 401(k) Plan reported $100M in total assets and 615 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #18,781 in Professional & Technical Services (20,321 peers)

Where Ghafari Companies 401(k) Plan sits by assets

Ghafari Companies 401(k) Plan sits in the top 10% of all filed plans by assets, $100M for 615 participants (~$161,967/participant), up 23.6% in 2023.

#18,781
in Professional & Technical Services (20,321 peers)
+23.6%
assets growth YoY
1.0×
vs typical plan assets (national mean)

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

Ghafari Companies 401(k) Plan vs every filed plan by assets

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

$99,609,930 Top 9% higher than 91% 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

Ghafari Companies 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. Ghafari Companies 401(k) Plan sits mid-pack in the medium band (615 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ghafari Companies 401(k) Plan reported net income rose from -$17M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Ghafari Companies 401(k) Plan end-of-year assets rose from $81M in the plan year 2022 filing to $100M in the plan year 2023 filing.
  • Ghafari Companies 401(k) Plan reported participants fell from 625 in the plan year 2022 filing to 615 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 383530824 · Ghafari Associates, LLC PY 2023 · 401(k)

Ghafari Companies 401(k) Plan · $100M · 615 · 91st

  • TYPE $100M
  • TYPE 615
  • TYPE 91st
  • TYPE 401(k)
  • TYPE near Valley Children's Specialty Medical Group 401(k) Profit Sharing Plan
  • TYPE ind #18781

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 Michigan →

Ghafari Companies 401(k) Plan in the asset neighbourhood

401(k) Plan for Salaried Employees of Stater Bros.401(k) Plan for Salaried Emp…$100MVon Maur 401(k) Retirement PlanVon Maur 401(k) Retirement P…$100MRelation Insurance, Inc. Retirement Savings PlanRelation Insurance, Inc. Ret…$100MGhafari Companies 401(k) Plan$100MValley Children's Specialty Medical Group 401(k) Profit Sharing PlanValley Children's Specialty …$100M
End-of-year total assets ($M) among Ghafari Companies 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)$81M
Net Assets (End of Year)$100M
Net Income$19M
Employer EIN383530824
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ghafari Associates, LLC)

Sponsor-wide plan assets over time

All Ghafari Associates, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$107M 32.224239395452734% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $80.6M $107M ▲ +32.2%
Year Plans Participants Total Assets
2022 1 625 $81M
2023 1 615 $100M
2024 1 601 $107M

Nearby 401(k) Plans in Michigan

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

Ghafari Companies 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Ghafari Companies 401(k) Plan, Total assets ($B): 0.09960993 · Participants: 615Ghafari Companies 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Ghafari Companies 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Ghafari Companies 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Valley Children's Specialty Medical Group 401(k) Profit Sharing Plan in CA ($100M); by covered participants it is Rag & Bone Industries, LLC 401(k) Plan in NY (615 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (615 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 Ghafari Companies 401(k) Plan assets move in 2023? ▼
Ghafari Companies 401(k) Plan grew sharply - up 23.6% during 2023, from $81M to $100M. Reported net income was $19M.
How have Ghafari Associates, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ghafari Associates, LLC's sponsor-wide assets grew 32.2%, from $81M to $107M.
Where does Ghafari Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Ghafari Companies 401(k) Plan ranks in the 91st 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 Ghafari Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Valley Children's Specialty Medical Group 401(k) Profit Sharing Plan in CA ($100M, 243 participants).
Which 401(k) plans cover a similar participant headcount to Ghafari Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rag & Bone Industries, LLC 401(k) Plan in NY (615 participants, $12M 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 383530824.

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.