401(k) · DOL Form 5500 · 2022

Banfi Products Corporation 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
50
Participants Small participant base
77th
Percentile by assets National rank
$393,328
Avg per participant High balance/head
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Official DOL plan name: Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies · Sponsored by Banfi Products Corporation · New York · Wholesale Trade

$20M in assets, 50 participants

Banfi Products Corporation's Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies reported $20M in total assets and 50 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,091 in Wholesale Trade (6,843 peers)

Where Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies sits by assets

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies sits in the top quartile of all filed plans by assets, $20M for 50 participants (~$393,328/participant), down 34.6% in 2022.

#5,091
in Wholesale Trade (6,843 peers)
-34.6%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies's outsized position by total assets

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies vs every filed plan by assets

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

$19,666,409 Top 23% higher than 77% 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

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies is a small filing (50 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 134941010 · Banfi Products Corporation PY 2022 · 401(k)

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies · $20M · 50 · 77th

  • EIN $20M
  • RANK 50
  • PHOTO 77th
  • IND 401(k)
  • EOY near Nye Lubricants, Inc 401(k) Plan
  • 5500 ind #5091

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 York →

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies in the asset neighbourhood

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated CompaniesProfit Sharing/401(k) Plan o…$20MNye Lubricants, Inc 401(k) PlanNye Lubricants, Inc 401(k) P…$20MBest Medical International, Inc.401(k) Retirement TrustBest Medical International, …$20MMortgage Funding Corporation Profit Sharing Plan & TrustMortgage Funding Corporation…$20MHumphreys & Partners Architects 401(k) PlanHumphreys & Partners Archite…$20M
End-of-year total assets ($M) among Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$20M
Net Income-$10M
Employer EIN134941010
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banfi Products Corporation)

Sponsor-wide plan assets over time

All Banfi Products Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$21M 9.307576182311676% vs 2022
2023 filing year
$19M$20M$21M$22M 20222023 $19.7M $21.5M ▲ +9.3%
Year Plans Participants Total Assets
2022 1 50 $20M
2023 1 54 $21M

Nearby 401(k) Plans in New York

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

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies, Total assets ($B): 0.019666409 · Participants: 50Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated CompaniesIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies vs. nearby 401(k) plans in New York, assets vs. participants
Compare Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies side-by-side with 3 peers →

Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Nye Lubricants, Inc 401(k) Plan in MA ($20M); by covered participants it is Graphic Information Systems, Inc. Profit Sharing Plan in OH (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 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 Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies assets move in 2022? ▼
Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies contracted severely - down 34.6% during 2022, from $30M to $20M. Reported net income was -$10M.
How have Banfi Products Corporation plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Banfi Products Corporation's sponsor-wide assets grew 9.3%, from $20M to $21M.
Where does Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies rank by assets among Form 5500 filers? ▼
Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies? ▼
Among 401(k) plans in other states, the closest by assets is Nye Lubricants, Inc 401(k) Plan in MA ($20M, 182 participants).
Which 401(k) plans cover a similar participant headcount to Profit Sharing/401(k) Plan of Banfi Products Corporation and Affiliated Companies? ▼
Among 401(k) plans in other states, the closest by covered participants is Graphic Information Systems, Inc. Profit Sharing Plan in OH (50 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 134941010.

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.