401(k) · DOL Form 5500 · 2022

F & M Hat Co., Inc. Profit Sharing 401(k) Plan

Compiled by PlainRetire Editorial , Retirement Plans Editorial Team

Data updated 2026-05-15

$2M
Total assets: 38
Participants: 36th
Percentile by assets: $62,162
Avg per participant

Sponsored by F & M Hat Co., Inc. · Pennsylvania · Manufacturing

What the 2022 filing shows

F & M Hat Co., Inc. Profit Sharing 401(k) Plan holds $2M for 38 participants - about $62,162 per participant, in the lower half of filed plans by assets, down 17.8% over the 2022 plan year.

$2M
total plan assets (2022 EOY): 38
covered participants: 36th
percentile by assets (of 139,258 plans): $62,162
avg assets per participant

The plan reported a net loss of $513K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Pennsylvania

Industry

Manufacturing

401(k) · DOL Form 5500 · 2022

What the Filing Says About F & M Hat Co., Inc. Profit Sharing 401(k) Plan

F & M Hat Co., Inc. Profit Sharing 401(k) Plan is a 401(k) retirement plan sponsored by F & M Hat Co., Inc., headquartered in Pennsylvania. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 38 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 230566361, and the plan has been effective since 1980-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $3M at the beginning of 2022 to $2M at year-end - down 17.8%. Net assets (after liabilities) closed the year at $2M, with reported net income of -$513K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank F & M Hat Co., Inc. Profit Sharing 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)	$3M
Total Assets (End of Year)	$2M
Net Assets (End of Year)	$2M
Net Income	-$513K
Plan Type	401(k)
Employer EIN	230566361
Plan Effective Date	1980-11-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Pennsylvania

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

Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
Cigna 401(k) Plan $11.5B · 66,147
The Vanguard Retirement and Savings Plan $8.1B · 17,073
The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
Gsk 401(k) Plan $7.0B · 14,527

Compare F & M Hat Co., Inc. Profit Sharing 401(k… side-by-side with 3 peers →

Frequently Asked Questions

How much money is in the F & M Hat Co., Inc. Profit Sharing 401(k) Plan? ▼

As of the 2022 Form 5500 filing, F & M Hat Co., Inc. Profit Sharing 401(k) Plan holds $2M in total assets with 38 participants. It is sponsored by F & M Hat Co., Inc..

What type of plan is F & M Hat Co., Inc. Profit Sharing 401(k) Plan? ▼

F & M Hat Co., Inc. Profit Sharing 401(k) Plan is a 401(k) plan. It has been effective since 1980-11-01. The plan is filed with the U.S. Department of Labor under EIN 230566361.

Who sponsors the F & M Hat Co., Inc. Profit Sharing 401(k) Plan? ▼

F & M Hat Co., Inc. Profit Sharing 401(k) Plan is sponsored by F & M Hat Co., Inc., located in Pennsylvania. The sponsor's EIN is 230566361 and the plan operates in the Manufacturing industry.

How did F & M Hat Co., Inc. Profit Sharing 401(k) Plan perform in 2022? ▼

F & M Hat Co., Inc. Profit Sharing 401(k) Plan declined sharply - down 17.8% during 2022, moving from $3M to $2M in total assets. Net income was -$513K.

What this filing means

Ways to act on F & M Hat Co., Inc. Profit Sharing 401(k) Plan's numbers.

By total assets, F & M Hat Co., Inc. Profit Sharing 401(k) Plan ranks in the lower half of filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 230566361.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.