401(k) · DOL Form 5500 · 2024

Best Formulations, LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
402
Participants Below avg headcount
56th
Percentile by assets National rank
$24,743
Avg per participant Low balance/head
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Official DOL plan name: Best Formulations 401(k) Plan · Sponsored by Best Formulations, LLC · California · Manufacturing

$10M in assets, 402 participants

Best Formulations, LLC's Best Formulations 401(k) Plan reported $10M in total assets and 402 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

  • #7,365 in Manufacturing (17,777 peers)

Best Formulations, LLC multi-year trail

Best Formulations, LLC's plans moved +78.4% in assets from 2022 to 2024; this filing shows Best Formulations 401(k) Plan at $10M / 402 participants.

#7,365
in Manufacturing (17,777 peers)
+33.8%
assets growth YoY

Best Formulations 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Best Formulations 401(k) Plan vs every filed plan by assets

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

$9,946,797 Top 44% higher than 56% 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

Best Formulations 401(k) 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. Best Formulations 401(k) Plan sits mid-pack in the medium band (402 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Best Formulations 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Best Formulations 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Best Formulations 401(k) Plan reported participants rose from 385 in the plan year 2023 filing to 402 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 954063263 · Best Formulations, LLC PY 2024 · 401(k)

Best Formulations 401(k) Plan · $10M · 402 · 56th

  • PCT $10M
  • PCT 402
  • PCT 56th
  • PCT 401(k)
  • PCT near United Fashions of Texas 401(k) Plan
  • PCT ind #7365

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 Manufacturing retirement plans → · Plans in California →

Best Formulations 401(k) Plan in the asset neighbourhood

Best Formulations 401(k) Plan$10MUnited Fashions of Texas 401(k) PlanUnited Fashions of Texas 401…$10MSmith Goodfriend, P.S. 401(k) and Profit Sharing PlanSmith Goodfriend, P.S. 401(k…$10MRidgewell's, Inc. Employee Savings and Retirement 401(k) PlanRidgewell's, Inc. Employee S…$10MLafrance Brothers, Inc. 401(k) Profit Sharing PlanLafrance Brothers, Inc. 401(…$10M
End-of-year total assets ($M) among Best Formulations 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Best Formulations, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Best Formulations, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$10M 78.37299420432849% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $5.58M $9.95M ▲ +78.3%
Year Plans Participants Total Assets
2022 1 385 $6M
2023 1 385 $7M
2024 1 402 $10M

Best Formulations, LLC filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$10M
Net Income$3M
Employer EIN954063263
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Best Formulations 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Best Formulations 401(k) Plan, Total assets ($B): 0.009946797 · Participants: 402Best Formulations 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Best Formulations 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Best Formulations 401(k) Plan side-by-side with 3 peers →

Best Formulations 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is United Fashions of Texas 401(k) Plan in TX ($10M); by covered participants it is Pioneer College Caterers, Inc. Profit Sharing Plan in TN (402 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (402 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 Best Formulations 401(k) Plan assets move in 2024? ▼
Best Formulations 401(k) Plan surged - up 33.8% during 2024, from $7M to $10M. Reported net income was $3M.
How have Best Formulations, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Best Formulations, LLC's sponsor-wide assets grew 78.4%, from $6M to $10M.
Which 401(k) plans are similar in size to Best Formulations 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is United Fashions of Texas 401(k) Plan in TX ($10M, 458 participants).
Which 401(k) plans cover a similar participant headcount to Best Formulations 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pioneer College Caterers, Inc. Profit Sharing Plan in TN (402 participants, $14M 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 954063263.

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.