401(k)
2023 plan-year 401(k) DOL Form 5500

Bonitz, Inc. 401(k) Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bonitz, Inc. · South Carolina · Construction

What the 2023 filing shows

Bonitz, Inc. 401(k) Retirement Savings Plan holds $20M for 326 participants — about $60,396 per participant, up 10.4% over the 2023 plan year.

$20M
total plan assets (2023 EOY)
326
covered participants
$60,396
avg assets per participant
+10.4%
assets growth YoY
Total Assets (2023)
$20M
Participants
326
Industry
Construction

What the Filing Says About Bonitz, Inc. 401(k) Retirement Savings Plan

Bonitz, Inc. 401(k) Retirement Savings Plan is a 401(k) retirement plan sponsored by Bonitz, Inc., headquartered in South Carolina. As of the 2023 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 326 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 570835835, and the plan has been effective since 1994-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2023 to $20M at year-end — a gain of 10.4%. Net assets (after liabilities) closed the year at $20M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$18M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$2M
Plan Type401(k)
Employer EIN570835835
Plan Effective Date1994-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bonitz, Inc.)

Year Plans Participants Total Assets
2022 2 762 $65M
2023 2 668 $81M
2024 2 673 $90M

Nearby 401(k) Plans in South Carolina

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Frequently Asked Questions

How much money is in the Bonitz, Inc. 401(k) Retirement Savings Plan?
As of the 2023 Form 5500 filing, Bonitz, Inc. 401(k) Retirement Savings Plan holds $20M in total assets with 326 participants. It is sponsored by Bonitz, Inc..
What type of plan is Bonitz, Inc. 401(k) Retirement Savings Plan?
Bonitz, Inc. 401(k) Retirement Savings Plan is a 401(k) plan. It has been effective since 1994-12-01. The plan is filed with the U.S. Department of Labor under EIN 570835835.
Who sponsors the Bonitz, Inc. 401(k) Retirement Savings Plan?
Bonitz, Inc. 401(k) Retirement Savings Plan is sponsored by Bonitz, Inc., located in South Carolina. The sponsor's EIN is 570835835 and the plan operates in the Construction industry.
How did Bonitz, Inc. 401(k) Retirement Savings Plan perform in 2023?
Bonitz, Inc. 401(k) Retirement Savings Plan grew by 10.4% during 2023, moving from $18M to $20M in total assets. Net income was $2M.
Where can I find official filings for Bonitz, Inc. 401(k) Retirement Savings Plan?
Official Form 5500 filings for Bonitz, Inc. 401(k) Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570835835 or plan name at efast.dol.gov.
How does Bonitz, Inc. 401(k) Retirement Savings Plan compare to other plans?
You can compare Bonitz, Inc. 401(k) Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 570835835.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.