401(k) · DOL Form 5500 · 2024

Answernet, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
752
Participants Near avg headcount
30th
Percentile by assets National rank
$2,765
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Answernet 401(k) Savings Plan · Sponsored by Answernet, Inc. · Pennsylvania · Administrative & Support Services

$2M in assets, 752 participants

Answernet, Inc.'s Answernet 401(k) Savings Plan reported $2M in total assets and 752 participants in its 2024 DOL Form 5500 filing, ranking in the 30th 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.

  • #2,352 in Administrative & Support Services (4,368 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Answernet 401(k) Savings Plan ranks #2,352 of 4,368 2024 filers by assets (1388% of the sector average)-$2M for 752 participants.

#2,352
in Administrative & Support Services (4,368 peers)
+0.5%
assets growth YoY

Answernet 401(k) Savings Plan among the smaller filed plans by assets

Answernet 401(k) Savings Plan vs every filed plan by assets

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

$2,079,300 30th percentile higher than 30% 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

Answernet 401(k) Savings 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. Answernet 401(k) Savings Plan sits mid-pack in the medium band (752 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Answernet 401(k) Savings Plan reported net income fell from $796K in the plan year 2023 filing to $36K in the plan year 2024 filing.
  • Answernet 401(k) Savings Plan reported participants fell from 813 in the plan year 2023 filing to 752 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 232967465 · Answernet, Inc. PY 2024 · 401(k)

Answernet 401(k) Savings Plan · $2M · 752 · 30th

  • EBSA $2M
  • EBSA 752
  • EBSA 30th
  • EBSA 401(k)
  • EBSA near The Arc of Palm Beach County 401(k) Plan
  • EBSA ind #2352

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 Administrative & Support Services retirement plans → · Plans in Pennsylvania →

Answernet 401(k) Savings Plan in the asset neighbourhood

Answernet 401(k) Savings Plan$2MThe Arc of Palm Beach County 401(k) PlanThe Arc of Palm Beach County…$2MAmerican Apparel, Inc. 401(k) Retirement PlanAmerican Apparel, Inc. 401(k…$2MTri-State Electric, Inc. Profit Sharing 401(k) PlanTri-State Electric, Inc. Pro…$2MReindeer Shuttle, Inc. RetirementReindeer Shuttle, Inc. Retir…$2M
End-of-year total assets ($M) among Answernet 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$36K
Employer EIN232967465
Plan Effective Date2014-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Answernet, Inc.)

Sponsor-wide plan assets over time

All Answernet, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 64.8992190027852% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.26M $2.08M ▲ +65.1%
Year Plans Participants Total Assets
2022 1 681 $1M
2023 1 813 $2M
2024 1 752 $2M

Nearby 401(k) Plans in Pennsylvania

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

Answernet 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Answernet 401(k) Savings Plan, Total assets ($B): 0.0020793 · Participants: 752Answernet 401(k) Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Answernet 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

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

Outside Pennsylvania, the nearest 401(k) by assets is The Arc of Palm Beach County 401(k) Plan in FL ($2M); by covered participants it is Performance Bankers, Inc. Retirement Savings Plan in SD (752 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (752 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 Answernet 401(k) Savings Plan assets move in 2024?
Answernet 401(k) Savings Plan held essentially flat - up 0.5% during 2024, from $2M to $2M. Reported net income was $36K.
How have Answernet, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Answernet, Inc.'s sponsor-wide assets grew 64.9%, from $1M to $2M.
Which 401(k) plans are similar in size to Answernet 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Arc of Palm Beach County 401(k) Plan in FL ($2M, 354 participants).
Which 401(k) plans cover a similar participant headcount to Answernet 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Performance Bankers, Inc. Retirement Savings Plan in SD (752 participants, $101M in assets).