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

Singer Equipment Co. , Inc. 401(k) Retirement Plan

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

Sponsored by Singer Equipment Co., Inc. Β· Pennsylvania Β· Wholesale Trade

What the 2023 filing shows

Singer Equipment Co. , Inc. 401(k) Retirement Plan holds $55M for 691 participants - about $79,411 per participant, up 22.7% over the 2023 plan year.

$55M
total plan assets (2023 EOY)
691
covered participants
$79,411
avg assets per participant
+22.7%
assets growth YoY
Total Assets (2023)
$55M
Participants
691
State
Industry
Wholesale Trade

What the Filing Says About Singer Equipment Co. , Inc. 401(k) Retirement Plan

Singer Equipment Co. , Inc. 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Singer Equipment Co., Inc., headquartered in Pennsylvania. As of the 2023 Form 5500 filing, the plan reports $55M in total end-of-year assets and covers 691 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 231674739, and the plan has been effective since 1986-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $45M at the beginning of 2023 to $55M at year-end β€” a gain of 22.7%. Net assets (after liabilities) closed the year at $55M, with reported net income of $10M 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 β€” 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)$45M
Total Assets (End of Year)$55M
Net Assets (End of Year)$55M
Net Income$10M
Plan Type401(k)
Employer EIN231674739
Plan Effective Date1986-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Singer Equipment Co., Inc.)

Year Plans Participants Total Assets
2022 1 383 $45M
2023 1 691 $55M
2024 1 711 $72M

Nearby 401(k) Plans in Pennsylvania

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

Frequently Asked Questions

How much money is in the Singer Equipment Co. , Inc. 401(k) Retirement Plan?
As of the 2023 Form 5500 filing, Singer Equipment Co. , Inc. 401(k) Retirement Plan holds $55M in total assets with 691 participants. It is sponsored by Singer Equipment Co., Inc..
What type of plan is Singer Equipment Co. , Inc. 401(k) Retirement Plan?
Singer Equipment Co. , Inc. 401(k) Retirement Plan is a 401(k) plan. It has been effective since 1986-08-01. The plan is filed with the U.S. Department of Labor under EIN 231674739.
Who sponsors the Singer Equipment Co. , Inc. 401(k) Retirement Plan?
Singer Equipment Co. , Inc. 401(k) Retirement Plan is sponsored by Singer Equipment Co., Inc., located in Pennsylvania. The sponsor's EIN is 231674739 and the plan operates in the Wholesale Trade industry.
How did Singer Equipment Co. , Inc. 401(k) Retirement Plan perform in 2023?
Singer Equipment Co. , Inc. 401(k) Retirement Plan grew by 22.7% during 2023, moving from $45M to $55M in total assets. Net income was $10M.
Where can I find official filings for Singer Equipment Co. , Inc. 401(k) Retirement Plan?
Official Form 5500 filings for Singer Equipment Co. , Inc. 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 231674739 or plan name at efast.dol.gov.
How does Singer Equipment Co. , Inc. 401(k) Retirement Plan compare to other plans?
You can compare Singer Equipment Co. , Inc. 401(k) Retirement Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania 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) β€” original filing retrieval by EIN 231674739.

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

Reference: IRS Publication 590-B β€” 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.