401(k) · DOL Form 5500 · 2023

Canvas, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
324
Participants Below avg headcount
78th
Percentile by assets National rank
$86,377
Avg per participant Below avg balance/head
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Official DOL plan name: Canvas, Inc. 401(k) · Sponsored by Canvas, Inc. · Alabama · Professional & Technical Services

$28M in assets, 324 participants

Canvas, Inc.'s Canvas, Inc. 401(k) reported $28M in total assets and 324 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #15,973 in Professional & Technical Services (20,321 peers)

Where Canvas, Inc. 401(k) sits by assets

Canvas, Inc. 401(k) sits in the top quartile of all filed plans by assets, $28M for 324 participants (~$86,377/participant), up 52.2% in 2023.

#15,973
in Professional & Technical Services (20,321 peers)
+52.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Canvas, Inc. 401(k)'s outsized position by total assets

Canvas, Inc. 401(k) vs every filed plan by assets

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

$27,986,223 Top 22% higher than 78% 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

Canvas, Inc. 401(k) 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. Canvas, Inc. 401(k) sits mid-pack in the medium band (324 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Canvas, Inc. 401(k) reported net income rose from -$372K in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Canvas, Inc. 401(k) end-of-year assets rose from $18M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Canvas, Inc. 401(k) reported participants rose from 246 in the plan year 2022 filing to 324 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 320214946 · Canvas, Inc. PY 2023 · 401(k)

Canvas, Inc. 401(k) · $28M · 324 · 78th

  • PHOTO $28M
  • IND 324
  • EOY 78th
  • 5500 401(k)
  • ASSETS near Perma-Fix Environmental Services, Inc. 401(k) Plan
  • PCT ind #15973

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 Professional & Technical Services retirement plans → · Plans in Alabama →

Canvas, Inc. 401(k) in the asset neighbourhood

Canvas, Inc. 401(k)$28MPerma-Fix Environmental Services, Inc. 401(k) PlanPerma-Fix Environmental Serv…$28MDema Engineering Co. 401(k) PlanDema Engineering Co. 401(k) …$28MSpoton Transact 401(k) Plan$28MRosewood Hotels and Resorts 401(k) Plan IIRosewood Hotels and Resorts …$28M
End-of-year total assets ($M) among Canvas, Inc. 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$28M
Net Income$10M
Employer EIN320214946
Plan Effective Date2009-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canvas, Inc.)

Sponsor-wide plan assets over time

All Canvas, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$43M 133.48015511156004% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $18.4M $43M ▲ +133.6%
Year Plans Participants Total Assets
2022 1 246 $18M
2023 1 324 $28M
2024 1 337 $43M

Nearby 401(k) Plans in Alabama

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

Canvas, Inc. 401(k) vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Canvas, Inc. 401(k), Total assets ($B): 0.027986223 · Participants: 324Canvas, Inc. 401(k)Regions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Canvas, Inc. 401(k) vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Canvas, Inc. 401(k) side-by-side with 3 peers →

Canvas, Inc. 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Perma-Fix Environmental Services, Inc. 401(k) Plan in GA ($28M); by covered participants it is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (324 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 Canvas, Inc. 401(k) assets move in 2023? ▼
Canvas, Inc. 401(k) surged - up 52.2% during 2023, from $18M to $28M. Reported net income was $10M.
How have Canvas, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Canvas, Inc.'s sponsor-wide assets grew 133.5%, from $18M to $43M.
Where does Canvas, Inc. 401(k) rank by assets among Form 5500 filers? ▼
Canvas, Inc. 401(k) ranks in the 78th 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 Canvas, Inc. 401(k)? ▼
Among 401(k) plans in other states, the closest by assets is Perma-Fix Environmental Services, Inc. 401(k) Plan in GA ($28M, 269 participants).
Which 401(k) plans cover a similar participant headcount to Canvas, Inc. 401(k)? ▼
Among 401(k) plans in other states, the closest by covered participants is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants, $24M 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 320214946.

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.