Profit Sharing · DOL Form 5500 · 2024
Sefar Inc. Profit Sharing Plan
Data updated 2026-08-11
- $24M
- Total assets
- 178
- Participants
- 73rd
- Percentile by assets
- $132,389
- Avg per participant
Official DOL plan name: Sefar 401(k) Plan · Sponsored by Sefar Inc. · New York · Manufacturing
$24M in assets, 178 participants
Sefar Inc.'s Sefar 401(k) Plan reported $24M in total assets and 178 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.
- 73rd percentile by assets (of 123,622 plans)
- #11,279 in Manufacturing (17,777 peers)
Coverage in New York
Sefar 401(k) Plan covers 178 participants in New York, about 22% of the average New York filer (state average ~798 per filing). Assets: $24M.
- $24M
- total plan assets (2024 EOY)
- 178
- covered participants
- 73rd
- percentile by assets (of 123,622 plans)
- $132,389
- avg assets per participant
Where Sefar 401(k) Plan sits by total assets
Sefar 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$23,565,327 Top 27% higher than 73% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sefar 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Sefar 401(k) Plan end-of-year assets rose from $22M in the plan year 2023 filing to $24M in the plan year 2024 filing.
- Sefar 401(k) Plan reported participants fell from 181 in the plan year 2023 filing to 178 in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Sefar 401(k) Plan reports 178 participants - about 22% of that state average ($24M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | $2M |
| Employer EIN | 135438420 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sefar Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 174 | $18M |
| 2023 | 1 | 181 | $22M |
| 2024 | 1 | 178 | $24M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sefar 401(k) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
- Annuity Plan of the Electrical Industry $2.3B · 18,200
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
- The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
- Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sefar 401(k) Plan by total assets, not by location.
Frequently Asked Questions
How did Sefar 401(k) Plan assets move in 2024? ▼
How have Sefar Inc. plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Sefar 401(k) Plan? ▼
Next read for Sefar 401(k) Plan
Filing takeaways
Ways to act on Sefar 401(k) Plan's numbers.
- By total assets, Sefar 401(k) Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Sefar Inc.'s sponsor-wide assets have grown 27.4% since 2022 across 3 plan years on file. More Manufacturing plans