401(k) · DOL Form 5500 · 2023

Best Brands Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
229
Participants Below avg headcount
54th
Percentile by assets National rank
$34,793
Avg per participant Low balance/head
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Official DOL plan name: Best Brands 401(k) Plan · Sponsored by Best Brands Inc. · Tennessee · Transportation & Warehousing

$8M in assets, 229 participants

Best Brands Inc.'s Best Brands 401(k) Plan reported $8M in total assets and 229 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #1,823 in Transportation & Warehousing (3,362 peers)

Coverage in Tennessee

Best Brands 401(k) Plan covers 229 participants in Tennessee, about 20% of the average Tennessee filer (state average ~1,126 per filing). Assets: $8M.

#1,823
in Transportation & Warehousing (3,362 peers)
+29.2%
assets growth YoY

Best Brands 401(k) Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Best Brands 401(k) Plan vs every filed plan by assets

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

$7,967,622 Top 46% higher than 54% 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

Best Brands 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. Best Brands 401(k) Plan sits mid-pack in the medium band (229 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Best Brands 401(k) Plan reported net income rose from -$403K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Best Brands 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Best Brands 401(k) Plan reported participants rose from 190 in the plan year 2022 filing to 229 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 621177514 · Best Brands Inc. PY 2023 · 401(k)

Best Brands 401(k) Plan · $8M · 229 · 54th

  • 5500 $8M
  • ASSETS 229
  • PCT 54th
  • EIN 401(k)
  • RANK near Netgain Technology 401(k)/Profit Sharing Plan
  • PHOTO ind #1823

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 Transportation & Warehousing retirement plans → · Plans in Tennessee →

Best Brands 401(k) Plan in the asset neighbourhood

Best Brands 401(k) Plan$8MNetgain Technology 401(k)/Profit Sharing PlanNetgain Technology 401(k)/Pr…$8MR & R Construction, Inc. 401(k) Profit Sharing Plan and TrustR & R Construction, Inc. 401…$8MThe Paper Store 401(k) Plan$8MSaunders Hotel Group, LLC 401(k) Retirement PlanSaunders Hotel Group, LLC 40…$8M
End-of-year total assets ($M) among Best Brands 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN621177514
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Best Brands Inc.)

Sponsor-wide plan assets over time

All Best Brands Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 66.37414122459361% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.16M $10.3M ▲ +66.6%
Year Plans Participants Total Assets
2022 1 190 $6M
2023 1 229 $8M
2024 1 241 $10M

Nearby 401(k) Plans in Tennessee

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

Best Brands 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Best Brands 401(k) Plan, Total assets ($B): 0.007967622 · Participants: 229Best Brands 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Best Brands 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Best Brands 401(k) Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest 401(k) by assets is Netgain Technology 401(k)/Profit Sharing Plan in MN ($8M); by covered participants it is P3 Health Partners 401(k) Plan in NV (229 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (229 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 Best Brands 401(k) Plan assets move in 2023? ▼
Best Brands 401(k) Plan grew sharply - up 29.2% during 2023, from $6M to $8M. Reported net income was $2M.
How have Best Brands Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Best Brands Inc.'s sponsor-wide assets grew 66.4%, from $6M to $10M.
Which 401(k) plans are similar in size to Best Brands 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Netgain Technology 401(k)/Profit Sharing Plan in MN ($8M, 109 participants).
Which 401(k) plans cover a similar participant headcount to Best Brands 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is P3 Health Partners 401(k) Plan in NV (229 participants, $2M 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 621177514.

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.