401(k) · DOL Form 5500 · 2024

Under Canvas 401(k) Plan

Data updated 2026-05-15

$2M
Total assets
135
Participants
28th
Percentile by assets
$13,663
Avg per participant

Sponsored by Under Canvas, Inc. · Montana · Food Services & Accommodation

What the 2024 filing shows

Under Canvas 401(k) Plan holds $2M for 135 participants - about $13,663 per participant, in the lower half of filed plans by assets, up 36.0% over the 2024 plan year.

$2M
total plan assets (2024 EOY)
135
covered participants
28th
percentile by assets (of 116,472 plans)
$13,663
avg assets per participant
State
Industry
Food Services & Accommodation

401(k) · DOL Form 5500 · 2024

What the Filing Says About Under Canvas 401(k) Plan

Under Canvas 401(k) Plan is a 401(k) retirement plan sponsored by Under Canvas, Inc., headquartered in Montana. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 135 participants across the Food Services & Accommodation industry. The sponsor's EIN on file with the U.S. Department of Labor is 264513836, and the plan has been effective since 2019-03-15. Its filing status is currently FILING RECEIVED.

Year over year, total assets surged from $1M at the beginning of 2024 to $2M at year-end - up 36.0%. Net assets (after liabilities) closed the year at $2M, with reported net income of $488K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years Under Canvas, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $975K to $2M, a gain of 89.2%, while reported participants moved from 428 to 135 (-68.5%). Year-by-year, sponsor-wide filings show: 2022 - $975K in assets across 1 plan covering 428 participants; 2024 - $2M in assets across 1 plan covering 135 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Under Canvas 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$488K
Plan Type401(k)
Employer EIN264513836
Plan Effective Date2019-03-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Under Canvas, Inc.)

Year Plans Participants Total Assets
2022 1 428 $975K
2024 1 135 $2M

Nearby 401(k) Plans in Montana

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

Frequently Asked Questions

How much money is in the Under Canvas 401(k) Plan?
As of the 2024 Form 5500 filing, Under Canvas 401(k) Plan holds $2M in total assets with 135 participants. It is sponsored by Under Canvas, Inc..
What type of plan is Under Canvas 401(k) Plan?
Under Canvas 401(k) Plan is a 401(k) plan. It has been effective since 2019-03-15. The plan is filed with the U.S. Department of Labor under EIN 264513836.
Who sponsors the Under Canvas 401(k) Plan?
Under Canvas 401(k) Plan is sponsored by Under Canvas, Inc., located in Montana. The sponsor's EIN is 264513836 and the plan operates in the Food Services & Accommodation industry.
How did Under Canvas 401(k) Plan perform in 2024?
Under Canvas 401(k) Plan surged - up 36.0% during 2024, moving from $1M to $2M in total assets. Net income was $488K.

What this filing means

Ways to act on Under Canvas 401(k) Plan's numbers.

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 264513836.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.