401(k) · DOL Form 5500 · 2024

Teak, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
88
Participants Small participant base
51st
Percentile by assets National rank
$91,360
Avg per participant Below avg balance/head
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Official DOL plan name: Teak, Inc. 401(k) Profit Sharing Plan · Sponsored by Teak, Inc. · Idaho · Food Services & Accommodation

$8M in assets, 88 participants

Teak, Inc.'s Teak, Inc. 401(k) Profit Sharing Plan reported $8M in total assets and 88 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.

  • #3,010 in Food Services & Accommodation (3,672 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Teak, Inc. 401(k) Profit Sharing Plan ranks #3,010 of 3,672 2024 filers by assets (243% of the sector average)-$8M for 88 participants.

#3,010
in Food Services & Accommodation (3,672 peers)
+16.3%
assets growth YoY

Teak, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Food Services & Accommodation and all filers

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

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

$8,039,675 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

Teak, Inc. 401(k) Profit Sharing 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. Teak, Inc. 401(k) Profit Sharing Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Teak, Inc. 401(k) Profit Sharing Plan reported participants rose from 63 in the plan year 2023 filing to 88 in the plan year 2024 filing.
  • Teak, 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.
  • Teak, 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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 820448484 · Teak, Inc. PY 2024 · 401(k)

Teak, Inc. 401(k) Profit Sharing Plan · $8M · 88 · 51st

  • VS-ST $8M
  • VS-ST 88
  • VS-ST 51st
  • VS-ST 401(k)
  • VS-ST near Versatech, Inc. 401(k) Plan
  • VS-ST ind #3010

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 Food Services & Accommodation retirement plans → · Plans in Idaho →

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

Teak, Inc. 401(k) Profit Sharing PlanTeak, Inc. 401(k) Profit Sha…$8MVersatech, Inc. 401(k) Plan$8MDeep South Equipment Company 401(k) Savings PlanDeep South Equipment Company…$8MGould Asset Management LLC 401(k) PlanGould Asset Management LLC 4…$8MAw Health Care 401(k) Retirement Savings PlanAw Health Care 401(k) Retire…$8M
End-of-year total assets ($M) among Teak, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN820448484
Plan Effective Date1992-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teak, Inc.)

Sponsor-wide plan assets over time

All Teak, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 42.015952003733545% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.66M $8.04M ▲ +42.0%
Year Plans Participants Total Assets
2022 1 64 $6M
2023 1 63 $7M
2024 1 88 $8M

Nearby 401(k) Plans in Idaho

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

Teak, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Idaho, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Teak, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.008039675 · Participants: 88Teak, Inc. 401(k) Profit Sharing PlanMicron Technology Inc. Retirement at Micron (Ram) Plan, Total assets ($B): 3.744829372 · Participants: 8598Micron Technology Inc. Retirement at Micron (Ram) PlanIdaho National Laboratory Employee Investment Plan, Total assets ($B): 2.548581207 · Participants: 6632Idaho National Laboratory Employee Investment PlanSimplot Retirement Savings Plan, Total assets ($B): 1.560177552 · Participants: 9012Simplot Retirement Savings PlanIdaho Power Company Employee Savings Plan, Total assets ($B): 0.889896808 · Participants: 2119Idaho Power Company Employee Savings PlanBoise Cascade Company Savings Plan, Total assets ($B): 0.740356793 · Participants: 3902Boise Cascade Company Savings Plan
Teak, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Idaho, assets vs. participants

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

Outside Idaho, the nearest 401(k) by assets is Versatech, Inc. 401(k) Plan in MD ($8M); by covered participants it is Gana-A'yoo Limited 401(k) Retirement Plan in AK (88 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (88 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 Teak, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Teak, Inc. 401(k) Profit Sharing Plan grew sharply - up 16.3% during 2024, from $7M to $8M. Reported net income was $1M.
How have Teak, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Teak, Inc.'s sponsor-wide assets grew 42.0%, from $6M to $8M.
Which 401(k) plans are similar in size to Teak, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Versatech, Inc. 401(k) Plan in MD ($8M, 85 participants).
Which 401(k) plans cover a similar participant headcount to Teak, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Gana-A'yoo Limited 401(k) Retirement Plan in AK (88 participants, $2M in assets).