401(k) · DOL Form 5500 · 2023

SAFAVIEH 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets: 476
Participants Below avg headcount: 47th
Percentile by assets National rank: $12,339
Avg per participant Low balance/head

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Official DOL plan name: Safavieh Group, LLC 401(k) Plan · Sponsored by SAFAVIEH · New York · Wholesale Trade

$6M in assets, 476 participants

SAFAVIEH's Safavieh Group, LLC 401(k) Plan reported $6M in total assets and 476 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

#2,332 in Wholesale Trade (6,309 peers)

SAFAVIEH multi-year trail

SAFAVIEH's plans moved +81.4% in assets from 2022 to 2024; this filing shows Safavieh Group, LLC 401(k) Plan at $6M / 476 participants.

#2,332
in Wholesale Trade (6,309 peers): +39.5%
assets growth YoY

Safavieh Group, LLC 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Safavieh Group, LLC 401(k) Plan vs every filed plan by assets

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

$5,873,444 47th percentile higher than 47% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Safavieh Group, LLC 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. Safavieh Group, LLC 401(k) Plan sits mid-pack in the medium band (476 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Safavieh Group, LLC 401(k) Plan reported net income rose from $225K in the plan year 2022 filing to $2M in the plan year 2023 filing.
Safavieh Group, LLC 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Safavieh Group, LLC 401(k) Plan reported participants rose from 432 in the plan year 2022 filing to 476 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 204052536 · SAFAVIEH PY 2023 · 401(k)

Safavieh Group, LLC 401(k) Plan · $6M · 476 · 47th

NET $6M
BOOK 476
VS-ST 47th
BOY 401(k)
SCH near The Envoy Group LLC 401(k) Plan
EBSA ind #2332

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 →

End-of-year total assets ($M) among Safavieh Group, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

SAFAVIEH multi-year asset trail

Latest sponsor-wide plan assets: $8M 81.43802824664402% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	432	$4M
2023	1	476	$6M
2024	1	541	$8M

SAFAVIEH filing trail (2023)

Total Assets (Beginning of Year)	$4M
Net Assets (End of Year)	$6M
Net Income	$2M
Employer EIN	204052536
Plan Effective Date	2017-01-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in New York

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

Safavieh Group, LLC 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare Safavieh Group, LLC 401(k) Plan side-by-side with 3 peers →

Safavieh Group, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is The Envoy Group LLC 401(k) Plan in CA ($6M); by covered participants it is Nourison Industries, Inc. 401(k) Profit Sharing Plan in NJ (476 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

The Envoy Group LLC 401(k) Plan (CA) $6M · 79
Affiliated Family Dentist PC 401(k) Profit Sharing Plan & Trust (IN) $6M · 220
Tablecraft Products Employees Profit Sharing Plan and Trust (IL) $6M · 86
Ubg 401(k) - Cpi (NE) $6M · 358

Similar participant headcount

Nearest other-state filings by covered participants (476 participants); asset peers above are excluded.

Nourison Industries, Inc. 401(k) Profit Sharing Plan (NJ) 476 · 0 off
Wideorbit LLC 401(k) Plan (CA) 476 · 0 off
Bigelow Tea Employees 401(k) Plan (CT) 476 · 0 off
Signature Brands, LLC 401(k) Savings Plan (FL) 476 · 0 off

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 Safavieh Group, LLC 401(k) Plan assets move in 2023? ▼

Safavieh Group, LLC 401(k) Plan surged - up 39.5% during 2023, from $4M to $6M. Reported net income was $2M.

How have SAFAVIEH plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), SAFAVIEH's sponsor-wide assets grew 81.4%, from $4M to $8M.

Which 401(k) plans are similar in size to Safavieh Group, LLC 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Envoy Group LLC 401(k) Plan in CA ($6M, 79 participants).

Which 401(k) plans cover a similar participant headcount to Safavieh Group, LLC 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Nourison Industries, Inc. 401(k) Profit Sharing Plan in NJ (476 participants, $25M 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 204052536.