401(k) · DOL Form 5500 · 2024

Manar, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets: 253
Participants Below avg headcount: 50th
Percentile by assets National rank: $30,455
Avg per participant Low balance/head

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Official DOL plan name: Manar Group 401(k) Plan · Sponsored by Manar, Inc. · Indiana · Manufacturing

$8M in assets, 253 participants

Manar, Inc.'s Manar Group 401(k) Plan reported $8M in total assets and 253 participants in its 2024 DOL Form 5500 filing, ranking in the 50th 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.

#6,160 in Manufacturing (17,777 peers)

Coverage in Indiana

Manar Group 401(k) Plan covers 253 participants in Indiana, about 47% of the average Indiana filer (state average ~541 per filing). Assets: $8M.

#6,160
in Manufacturing (17,777 peers): +8.3%
assets growth YoY

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

Manar Group 401(k) Plan vs every filed plan by assets

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

$7,705,044 Top 50% higher than 50% 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

Manar Group 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. Manar Group 401(k) Plan sits mid-pack in the medium band (253 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Manar Group 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $637K in the plan year 2024 filing.
Manar Group 401(k) Plan reported participants fell from 278 in the plan year 2023 filing to 253 in the plan year 2024 filing.
Manar Group 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351320960 · Manar, Inc. PY 2024 · 401(k)

Manar Group 401(k) Plan · $8M · 253 · 50th

ASSETS $8M
PCT 253
EIN 50th
RANK 401(k)
PHOTO near Ci Capital Partners LLC 401(k) Plan
IND ind #6160

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 Indiana →

End-of-year total assets ($M) among Manar Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)	$7M
Net Assets (End of Year)	$8M
Net Income	$637K
Employer EIN	351320960
Plan Effective Date	1999-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Manar, Inc.)

Latest sponsor-wide plan assets: $37M 61.44642387722564% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	2	853	$23M
2023	2	794	$26M
2024	2	703	$37M

Nearby 401(k) Plans in Indiana

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

Manar Group 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

The Lilly Employee 401(k) Plan $13.1B · 19,977
Elevance Health 401(k) Plan $12.1B · 73,120
Cummins Retirement and Savings Plan $6.4B · 30,272
Iu Health 401(k) Savings Plan $4.5B · 38,460
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $3.0B · 9,385

Compare Manar Group 401(k) Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest 401(k) by assets is Ci Capital Partners LLC 401(k) Plan in NY ($8M); by covered participants it is Dwa Healthcare Communications Group, Inc. 401(k) Plan in NY (253 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Ci Capital Partners LLC 401(k) Plan (NY) $8M · 8
Gpd Holdings LLC 401(k) Plan (IL) $8M · 209
Engine & Transmission Exchange, Inc 401(k) Plan and Trust (WI) $8M · 586
Preferred Placement, Inc. 401(k) Profit Sharing Plan (NY) $8M · 10

Similar participant headcount

Nearest other-state filings by covered participants (253 participants); asset peers above are excluded.

Dwa Healthcare Communications Group, Inc. 401(k) Plan (NY) 253 · 0 off
Aquarius Water Conditioning 401(k) Plan (MN) 253 · 0 off
Sensei Wellness Holdings Inc 401(k) Profit Sharing Plan & Trust (CA) 253 · 0 off
Colusa Bingo & Casino 401(k) Plan & Trust (CA) 253 · 0 off

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 Manar Group 401(k) Plan assets move in 2024? ▼

Manar Group 401(k) Plan grew at a solid clip - up 8.3% during 2024, from $7M to $8M. Reported net income was $637K.

How have Manar, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Manar, Inc.'s sponsor-wide assets grew 61.4%, from $23M to $37M.

Which 401(k) plans are similar in size to Manar Group 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Ci Capital Partners LLC 401(k) Plan in NY ($8M, 8 participants).

Which 401(k) plans cover a similar participant headcount to Manar Group 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Dwa Healthcare Communications Group, Inc. 401(k) Plan in NY (253 participants, N/A 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 351320960.