401(k) · DOL Form 5500 · 2024

Varney, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
154
Participants Small participant base
51st
Percentile by assets National rank
$53,052
Avg per participant Low balance/head
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Official DOL plan name: Varney, Inc. 401(k) & Profit Sharing Plan · Sponsored by Varney, Inc. · Virginia · Construction

$8M in assets, 154 participants

Varney, Inc.'s Varney, Inc. 401(k) & Profit Sharing Plan reported $8M in total assets and 154 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #4,512 in Construction (9,039 peers)

Coverage in Virginia

Varney, Inc. 401(k) & Profit Sharing Plan covers 154 participants in Virginia, about 20% of the average Virginia filer (state average ~782 per filing). Assets: $8M.

#4,512
in Construction (9,039 peers)
+15.4%
assets growth YoY

Varney, Inc. 401(k) & Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Varney, Inc. 401(k) & Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$8,170,047 Top 49% higher than 51% of 123,620 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 2024

Varney, Inc. 401(k) & Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Varney, Inc. 401(k) & Profit Sharing Plan sits mid-pack in the medium band (154 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Varney, Inc. 401(k) & Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Varney, Inc. 401(k) & Profit Sharing Plan reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Varney, Inc. 401(k) & Profit Sharing Plan reported participants fell from 170 in the plan year 2023 filing to 154 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 540791615 · Varney, Inc. PY 2024 · 401(k)

Varney, Inc. 401(k) & Profit Sharing Plan · $8M · 154 · 51st

  • PHOTO $8M
  • IND 154
  • EOY 51st
  • 5500 401(k)
  • ASSETS near Centa Medical Group, P.a. 401(k) Profit Sharing Plan
  • PCT ind #4512

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 Construction retirement plans → · Plans in Virginia →

Varney, Inc. 401(k) & Profit Sharing Plan in the asset neighbourhood

Varney, Inc. 401(k) & Profit Sharing PlanVarney, Inc. 401(k) & Profit…$8MCenta Medical Group, P.a. 401(k) Profit Sharing PlanCenta Medical Group, P.a. 40…$8MLiesener Soils & Trucking, Inc. Employees Profit Sharing PlanLiesener Soils & Trucking, I…$8MA.L. Schutzman Company, Inc. 401(k) Profit Sharing PlanA.L. Schutzman Company, Inc.…$8MNpc, Ltd. Profit Sharing Plan$8M
End-of-year total assets ($M) among Varney, Inc. 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN540791615
Plan Effective Date1982-07-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Varney, Inc.)

Sponsor-wide plan assets over time

All Varney, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 60.64875695149109% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12M $19.3M ▲ +60.7%
Year Plans Participants Total Assets
2022 2 323 $12M
2023 2 315 $15M
2024 2 298 $19M

Nearby 401(k) Plans in Virginia

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

Varney, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Varney, Inc. 401(k) & Profit Sharing Plan, Total assets ($B): 0.008170047 · Participants: 154Varney, Inc. 401(k) & Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Varney, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Varney, Inc. 401(k) & Profit Sharing Plan side-by-side with 3 peers →

Varney, Inc. 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Centa Medical Group, P.a. 401(k) Profit Sharing Plan in SC ($8M); by covered participants it is 401(k) Savings Plan for Peter Marino Architect, PLLC in NY (154 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (154 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Varney, Inc. 401(k) & Profit Sharing Plan assets move in 2024? ▼
Varney, Inc. 401(k) & Profit Sharing Plan grew sharply - up 15.4% during 2024, from $7M to $8M. Reported net income was $1M.
How have Varney, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Varney, Inc.'s sponsor-wide assets grew 60.6%, from $12M to $19M.
Which 401(k) plans are similar in size to Varney, Inc. 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Centa Medical Group, P.a. 401(k) Profit Sharing Plan in SC ($8M, 27 participants).
Which 401(k) plans cover a similar participant headcount to Varney, Inc. 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 401(k) Savings Plan for Peter Marino Architect, PLLC in NY (154 participants, $36M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540791615.

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.