401(k) · DOL Form 5500 · 2024

Canvas, Inc. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
337
Participants Below avg headcount
82nd
Percentile by assets National rank
$127,435
Avg per participant Near avg balance/head
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Official DOL plan name: Canvas, Inc. 401(k) · Sponsored by Canvas, Inc. · Alabama · Professional & Technical Services

$43M in assets, 337 participants

Canvas, Inc.'s Canvas, Inc. 401(k) reported $43M in total assets and 337 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #16,719 in Professional & Technical Services (20,173 peers)

Where Canvas, Inc. 401(k) sits by assets

Canvas, Inc. 401(k) sits in the top quartile of all filed plans by assets, $43M for 337 participants (~$127,435/participant), up 53.5% in 2024.

#16,719
in Professional & Technical Services (20,173 peers)
+53.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Canvas, Inc. 401(k)'s outsized position by total assets

Canvas, Inc. 401(k) vs every filed plan by assets

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

$42,945,707 Top 18% higher than 82% 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

Canvas, Inc. 401(k) 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. Canvas, Inc. 401(k) sits mid-pack in the medium band (337 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Canvas, Inc. 401(k) reported net income rose from $10M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Canvas, Inc. 401(k) end-of-year assets rose from $28M in the plan year 2023 filing to $43M in the plan year 2024 filing.
  • Canvas, Inc. 401(k) reported participants rose from 324 in the plan year 2023 filing to 337 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 320214946 · Canvas, Inc. PY 2024 · 401(k)

Canvas, Inc. 401(k) · $43M · 337 · 82nd

  • EOY $43M
  • 5500 337
  • ASSETS 82nd
  • PCT 401(k)
  • EIN near Johnstown Wire Technologies, Inc. 401(k) Retirement Plan
  • RANK ind #16719

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 Alabama →

Canvas, Inc. 401(k) in the asset neighbourhood

Canvas, Inc. 401(k)$43MJohnstown Wire Technologies, Inc. 401(k) Retirement PlanJohnstown Wire Technologies,…$43MGranite City Electric Supply Profit Sharing 401(k) PlanGranite City Electric Supply…$43MCareflite 401(k) Plan$43MHighland Tank, LLC 401(k) PlanHighland Tank, LLC 401(k) Pl…$43M
End-of-year total assets ($M) among Canvas, Inc. 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$43M
Net Income$15M
Employer EIN320214946
Plan Effective Date2009-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canvas, Inc.)

Sponsor-wide plan assets over time

All Canvas, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$43M 133.48015511156004% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $18.4M $43M ▲ +133.6%
Year Plans Participants Total Assets
2022 1 246 $18M
2023 1 324 $28M
2024 1 337 $43M

Nearby 401(k) Plans in Alabama

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

Canvas, Inc. 401(k) vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Canvas, Inc. 401(k), Total assets ($B): 0.042945707 · Participants: 337Canvas, Inc. 401(k)Regions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Canvas, Inc. 401(k) vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Canvas, Inc. 401(k) side-by-side with 3 peers →

Canvas, Inc. 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Johnstown Wire Technologies, Inc. 401(k) Retirement Plan in PA ($43M); by covered participants it is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (337 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

Similar participant headcount

Nearest other-state filings by covered participants (337 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 Canvas, Inc. 401(k) assets move in 2024? ▼
Canvas, Inc. 401(k) surged - up 53.5% during 2024, from $28M to $43M. Reported net income was $15M.
How have Canvas, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Canvas, Inc.'s sponsor-wide assets grew 133.5%, from $18M to $43M.
Where does Canvas, Inc. 401(k) rank by assets among Form 5500 filers? ▼
Canvas, Inc. 401(k) ranks in the 82nd 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 Canvas, Inc. 401(k)? ▼
Among 401(k) plans in other states, the closest by assets is Johnstown Wire Technologies, Inc. 401(k) Retirement Plan in PA ($43M, 260 participants).
Which 401(k) plans cover a similar participant headcount to Canvas, Inc. 401(k)? ▼
Among 401(k) plans in other states, the closest by covered participants is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (337 participants, $4M 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 320214946.

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.