401(k) · DOL Form 5500 · 2024

Sharif Financial Corporation 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
28
Participants Small participant base
35th
Percentile by assets National rank
$113,065
Avg per participant Below avg balance/head
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Official DOL plan name: Sharif Financial Corporation Safe Harbor 401(k) Plan · Sponsored by Sharif Financial Corporation · California · Retail Trade

$3M in assets, 28 participants

Sharif Financial Corporation's Sharif Financial Corporation Safe Harbor 401(k) Plan reported $3M in total assets and 28 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,738 in Retail Trade (8,048 peers)

2024 asset change

Sharif Financial Corporation Safe Harbor 401(k) Plan declined sharply 18.6% in 2024 ($4M → $3M) for 28 participants.

#3,738
in Retail Trade (8,048 peers)
-18.6%
assets change YoY

The plan reported a net loss of $720K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sharif Financial Corporation Safe Harbor 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Sharif Financial Corporation Safe Harbor 401(k) Plan vs every filed plan by assets

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

$3,165,812 35th percentile higher than 35% 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

Sharif Financial Corporation Safe Harbor 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sharif Financial Corporation Safe Harbor 401(k) Plan is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sharif Financial Corporation Safe Harbor 401(k) Plan reported net income fell from $423K in the plan year 2023 filing to -$720K in the plan year 2024 filing.
  • Sharif Financial Corporation Safe Harbor 401(k) Plan end-of-year assets fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sharif Financial Corporation Safe Harbor 401(k) Plan reported participants fell from 32 in the plan year 2023 filing to 28 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 680351407 · Sharif Financial Corporation PY 2024 · 401(k)

Sharif Financial Corporation Safe Harbor 401(k) Plan · $3M · 28 · 35th

  • PCT $3M
  • PCT 28
  • PCT 35th
  • PCT 401(k)
  • PCT near Block Renovation - 401(k) Plan
  • PCT ind #3738

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 Retail Trade retirement plans → · Plans in California →

Sharif Financial Corporation Safe Harbor 401(k) Plan in the asset neighbourhood

Sharif Financial Corporation Safe Harbor 401(k) PlanSharif Financial Corporation…$3MBlock Renovation - 401(k) PlanBlock Renovation - 401(k) Pl…$3MEsa Construction, Inc. 401(k) PlanEsa Construction, Inc. 401(k…$3MAllied Materials and Equipment Company 401(k) Retirement Savings PlanAllied Materials and Equipme…$3MSection 401(k) Retirement Plan for Community Action Planning Council of Jefferson Co., Inc.Section 401(k) Retirement Pl…$3M
End-of-year total assets ($M) among Sharif Financial Corporation Safe Harbor 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Sharif Financial Corporation years around the 2024 move

Sponsor-wide plan assets over time

All Sharif Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3M 8.595902335591335% vs 2022
2024 filing year
$3M$3.5M$4M 202220232024 $3.46M $3.17M ▼ -8.4%
Year Plans Participants Total Assets
2022 1 35 $3M
2023 1 32 $4M
2024 1 28 $3M

2024 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$720K
Employer EIN680351407
Plan Effective Date2009-09-30
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Sharif Financial Corporation Safe Harbor 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Sharif Financial Corporation Safe Harbor 401(k) Plan, Total assets ($B): 0.003165812 · Participants: 28Sharif Financial Corporation Safe Harbor 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
Sharif Financial Corporation Safe Harbor 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Sharif Financial Corporation Safe Harbor 401(k) Plan side-by-side with 3 peers →

Sharif Financial Corporation Safe Harbor 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Block Renovation - 401(k) Plan in NY ($3M); by covered participants it is Title Houston Holdings, Ltd 401(k) Plan in TX (28 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (28 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 Sharif Financial Corporation Safe Harbor 401(k) Plan assets move in 2024? ▼
Sharif Financial Corporation Safe Harbor 401(k) Plan declined sharply - down 18.6% during 2024, from $4M to $3M. Reported net income was -$720K.
How have Sharif Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sharif Financial Corporation's sponsor-wide assets declined 8.6%, from $3M to $3M.
Which 401(k) plans are similar in size to Sharif Financial Corporation Safe Harbor 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Block Renovation - 401(k) Plan in NY ($3M, 70 participants).
Which 401(k) plans cover a similar participant headcount to Sharif Financial Corporation Safe Harbor 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Title Houston Holdings, Ltd 401(k) Plan in TX (28 participants, $2M 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 680351407.

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.