401(k) · DOL Form 5500 · 2024

Safilo USA, Inc. 401(k) Plan

Data updated 2026-08-11

$62M
Total assets
642
Participants
86th
Percentile by assets
$95,950
Avg per participant
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Official DOL plan name: Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan · Sponsored by Safilo USA, Inc. · New Jersey · Wholesale Trade

$62M in assets, 642 participants

Safilo USA, Inc.'s Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan reported $62M in total assets and 642 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 123,622 plans)
  • #5,329 in Wholesale Trade (6,080 peers)

Where Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan sits by assets

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $62M for 642 participants (~$95,950/participant), up 9.0% in 2024.

$62M
total plan assets (2024 EOY)
642
covered participants
86th
percentile by assets (of 123,622 plans)
$95,950
avg assets per participant

Where Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan sits by total assets

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan vs every filed plan by assets

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

$61,599,579 Top 14% higher than 86% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan reported participants rose from 571 in the plan year 2023 filing to 642 in the plan year 2024 filing.
  • Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan end-of-year assets rose from $57M in the plan year 2023 filing to $62M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New Jersey
Industry
Wholesale Trade

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan vs the 2024 asset distribution

By assets, Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$62M
Net Income$5M
Employer EIN131982071
Plan Effective Date1968-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Safilo USA, Inc.)

$45M$50M$55M$60M$65M 202220232024 $47.7M $61.6M ▲ +29.2%
Total plan assets by year, all Safilo USA, Inc. plans on file
Year Plans Participants Total Assets
2022 1 561 $48M
2023 1 571 $57M
2024 1 642 $62M

Nearby 401(k) Plans in New Jersey

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

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Safilo USA Inc./Smit…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Safilo USA Inc./Smith Sport Optics Inc. … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan assets move in 2024? ▼
Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan grew at a solid clip - up 9.0% during 2024, from $57M to $62M. Reported net income was $5M.
How have Safilo USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Safilo USA, Inc.'s sponsor-wide assets grew 29.2%, from $48M to $62M.
Where does Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Local 344 Annuity Fund Plan in OK ($62M, 1,363 participants).

Next read for Safilo USA Inc./Smith Sport Optics Inc. …

Scale reading

Ways to act on Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan's numbers.

  • By total assets, Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
  • Safilo USA, Inc.'s sponsor-wide assets have grown 29.2% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 131982071.

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.