401(k) · DOL Form 5500 · 2024

Bacon Farmer Workman Retirement Plan 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
160
Participants Small participant base
73rd
Percentile by assets National rank
$142,401
Avg per participant Near avg balance/head
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Official DOL plan name: Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan · Sponsored by Bacon Farmer Workman Retirement Plan · Kentucky · Professional & Technical Services

$23M in assets, 160 participants

Bacon Farmer Workman Retirement Plan's Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan reported $23M in total assets and 160 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.

  • #14,563 in Professional & Technical Services (20,173 peers)

Coverage in Kentucky

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan covers 160 participants in Kentucky, about 25% of the average Kentucky filer (state average ~647 per filing). Assets: $23M.

#14,563
in Professional & Technical Services (20,173 peers)
+28.2%
assets growth YoY

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan's outsized position by total assets

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$22,784,212 Top 27% higher than 73% 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

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement 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. Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan end-of-year assets rose from $18M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan reported participants rose from 137 in the plan year 2023 filing to 160 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 611310314 · Bacon Farmer Workman Retirement Plan PY 2024 · 401(k)

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan · $23M · 160 · 73rd

  • BOY $23M
  • BOY 160
  • BOY 73rd
  • BOY 401(k)
  • BOY near Anchor Partners 401(k) Profit Sharing Plan
  • BOY ind #14563

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 Professional & Technical Services retirement plans → · Plans in Kentucky →

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan in the asset neighbourhood

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement PlanBacon, Farmer, Workman Engin…$23MAnchor Partners 401(k) Profit Sharing PlanAnchor Partners 401(k) Profi…$23MHorizons Diagnostics LLC Retirement Savings PlanHorizons Diagnostics LLC Ret…$23MGht Limited 401(k) Plan$23MTechnology Partners, Inc. 401(k) PlanTechnology Partners, Inc. 40…$23M
End-of-year total assets ($M) among Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Kentucky filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
Net Income$5M
Employer EIN611310314
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bacon Farmer Workman Retirement Plan)

Sponsor-wide plan assets over time

All Bacon Farmer Workman Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$23M 61.87457309744085% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $14.1M $22.8M ▲ +61.8%
Year Plans Participants Total Assets
2022 1 119 $14M
2023 1 137 $18M
2024 1 160 $23M

Nearby 401(k) Plans in Kentucky

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

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan, Total assets ($B): 0.022784212 · Participants: 160Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 8.826314209 · Participants: 90345Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.706147015 · Participants: 45706Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.501700415 · Participants: 3064UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.316012841 · Participants: 23753Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.211057397 · Participants: 1919Lexmark Savings Plan
Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Anchor Partners 401(k) Profit Sharing Plan in TX ($23M); by covered participants it is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan assets move in 2024?
Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan grew sharply - up 28.2% during 2024, from $18M to $23M. Reported net income was $5M.
How have Bacon Farmer Workman Retirement Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Bacon Farmer Workman Retirement Plan's sponsor-wide assets grew 61.9%, from $14M to $23M.
Which 401(k) plans are similar in size to Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Anchor Partners 401(k) Profit Sharing Plan in TX ($23M, 1,065 participants).
Which 401(k) plans cover a similar participant headcount to Bacon, Farmer, Workman Engineering and Testing, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants, N/A in assets).