401(k) · DOL Form 5500 · 2022

Simco Logistics, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
139
Participants Small participant base
66th
Percentile by assets National rank
$74,607
Avg per participant Below avg balance/head
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Official DOL plan name: Simco Logistics, Inc. Union Employees' 401(k) Plan · Sponsored by Simco Logistics, Inc. · New Jersey · Wholesale Trade

$10M in assets, 139 participants

Simco Logistics, Inc.'s Simco Logistics, Inc. Union Employees' 401(k) Plan reported $10M in total assets and 139 participants in its 2022 DOL Form 5500 filing, ranking in the 66th 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.

  • #3,992 in Wholesale Trade (6,843 peers)

Coverage in New Jersey

Simco Logistics, Inc. Union Employees' 401(k) Plan covers 139 participants in New Jersey, about 16% of the average New Jersey filer (state average ~844 per filing). Assets: $10M.

#3,992
in Wholesale Trade (6,843 peers)
-23.5%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Simco Logistics, Inc. Union Employees' 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Simco Logistics, Inc. Union Employees' 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$10,370,412 Top 34% higher than 66% of 139,123 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 2022

Simco Logistics, Inc. Union Employees' 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Simco Logistics, Inc. Union Employees' 401(k) Plan sits mid-pack in the medium band (139 participants).

Published 5500 schedule card

Filing strip 232013600 · Simco Logistics, Inc. PY 2022 · 401(k)

Simco Logistics, Inc. Union Employees' 401(k) Plan · $10M · 139 · 66th

  • RANK $10M
  • RANK 139
  • RANK 66th
  • RANK 401(k)
  • RANK near 401(k) Plan for Employees of Howard F & C Management Group, LLC
  • RANK ind #3992

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 Wholesale Trade retirement plans → · Plans in New Jersey →

Simco Logistics, Inc. Union Employees' 401(k) Plan in the asset neighbourhood

Simco Logistics, Inc. Union Employees' 401(k) PlanSimco Logistics, Inc. Union …$10M401(k) Plan for Employees of Howard F & C Management Group, LLC401(k) Plan for Employees of…$10MPkl Services, Inc. Cft 401(k) PlanPkl Services, Inc. Cft 401(k…$10MSwiderski Equipment, Inc. Savings and Retirement PlanSwiderski Equipment, Inc. Sa…$10MChildren's Health of Carolina P.a. 401(k) Profit Sharing PlanChildren's Health of Carolin…$10M
End-of-year total assets ($M) among Simco Logistics, Inc. Union Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$10M
Net Income-$3M
Employer EIN232013600
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Simco Logistics, Inc.)

Sponsor-wide plan assets over time

All Simco Logistics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 15.84623638867964% vs 2022
2023 filing year
$10M$10.5M$11M$11.5M$12M$12.5M 20222023 $10.4M $12M ▲ +15.8%
Year Plans Participants Total Assets
2022 1 139 $10M
2023 1 166 $12M

Nearby 401(k) Plans in New Jersey

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

Simco Logistics, Inc. Union Employees' 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Simco Logistics, Inc. Union Employees' 401(k) Plan, Total assets ($B): 0.010370412 · Participants: 139Simco Logistics, Inc. Union Employees' 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Simco Logistics, Inc. Union Employees' 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Simco Logistics, Inc. Union Employees' 401(k) Plan side-by-side with 3 peers →

Simco Logistics, Inc. Union Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is 401(k) Plan for Employees of Howard F & C Management Group, LLC in FL ($10M); by covered participants it is Semper Valens Solutions, Inc. 401(k) Plan in TX (139 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (139 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Simco Logistics, Inc. Union Employees' 401(k) Plan assets move in 2022? ▼
Simco Logistics, Inc. Union Employees' 401(k) Plan declined sharply - down 23.5% during 2022, from $14M to $10M. Reported net income was -$3M.
How have Simco Logistics, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Simco Logistics, Inc.'s sponsor-wide assets grew 15.8%, from $10M to $12M.
Which 401(k) plans are similar in size to Simco Logistics, Inc. Union Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Plan for Employees of Howard F & C Management Group, LLC in FL ($10M, 205 participants).
Which 401(k) plans cover a similar participant headcount to Simco Logistics, Inc. Union Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Semper Valens Solutions, Inc. 401(k) Plan in TX (139 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232013600.

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.