401(k) · DOL Form 5500 · 2023

Safilo USA, Inc. 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
571
Participants Below avg headcount
87th
Percentile by assets National rank
$98,957
Avg per participant Below avg balance/head
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Official DOL plan name: Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan · Sponsored by Safilo USA, Inc. · New Jersey · Wholesale Trade

$57M in assets, 571 participants

Safilo USA, Inc.'s Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan reported $57M in total assets and 571 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #5,564 in Wholesale Trade (6,309 peers)

Where Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan sits by assets

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $57M for 571 participants (~$98,957/participant), up 18.5% in 2023.

#5,564
in Wholesale Trade (6,309 peers)
+18.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan's outsized position by total assets

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan vs every filed plan by assets

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

$56,504,533 Top 13% higher than 87% 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

Safilo USA Inc./Smith Sport Optics Inc. 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. Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan sits mid-pack in the medium band (571 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan reported net income rose from -$13M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan end-of-year assets rose from $48M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan reported participants rose from 561 in the plan year 2022 filing to 571 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 131982071 · Safilo USA, Inc. PY 2023 · 401(k)

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan · $57M · 571 · 87th

  • SCH $57M
  • EBSA 571
  • PART 87th
  • TYPE 401(k)
  • NET near Braman Dealerships 401(k) Plan
  • BOOK ind #5564

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 →

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan in the asset neighbourhood

Braman Dealerships 401(k) PlanBraman Dealerships 401(k) Pl…$57MPace Industries Savings and Investment PlanPace Industries Savings and …$57MSafilo USA Inc./Smith Sport Optics Inc. 401(k) PlanSafilo USA Inc./Smith Sport …$57MEnergy Systems Group, LLC 401(k) PlanEnergy Systems Group, LLC 40…$56MClinical Pathology Associates Profit Sharing Plan and TrustClinical Pathology Associate…$56M
End-of-year total assets ($M) among Safilo USA Inc./Smith Sport Optics Inc. 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)$48M
Net Assets (End of Year)$57M
Net Income$9M
Employer EIN131982071
Plan Effective Date1968-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Safilo USA, Inc.)

Sponsor-wide plan assets over time

All Safilo USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$62M 29.239301503797666% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $47.7M $61.6M ▲ +29.2%
Year Plans Participants Total Assets
2022 1 561 $48M
2023 1 571 $57M
2024 1 642 $62M

Nearby 401(k) Plans in New Jersey

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

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan, Total assets ($B): 0.056504533 · Participants: 571Safilo USA Inc./Smith Sport Optics Inc. 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan side-by-side with 3 peers →

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Braman Dealerships 401(k) Plan in FL ($57M); by covered participants it is Colonial Automotive Group 401(k) Plan in MA (571 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (571 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 Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan assets move in 2023? ▼
Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan grew sharply - up 18.5% during 2023, from $48M to $57M. Reported net income was $9M.
How have Safilo USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Safilo USA, Inc.'s sponsor-wide assets grew 29.2%, from $48M to $62M.
Where does Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Braman Dealerships 401(k) Plan in FL ($57M, 1,950 participants).
Which 401(k) plans cover a similar participant headcount to Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Colonial Automotive Group 401(k) Plan in MA (571 participants, $15M 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 131982071.

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.