401(k) · DOL Form 5500 · 2022

J.M. Forbes & Co. LLP 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
19
Participants Small participant base
64th
Percentile by assets National rank
$508,680
Avg per participant High balance/head
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Official DOL plan name: J.M. Forbes & Co. Employees Profit Sharing Plan · Sponsored by J.M. Forbes & Co. LLP · Massachusetts · Finance & Insurance

$10M in assets, 19 participants

J.M. Forbes & Co. LLP's J.M. Forbes & Co. Employees Profit Sharing Plan reported $10M in total assets and 19 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.

  • #4,404 in Finance & Insurance (9,261 peers)

J.M. Forbes & Co. LLP multi-year trail

J.M. Forbes & Co. LLP's plans moved +35.3% in assets from 2022 to 2024; this filing shows J.M. Forbes & Co. Employees Profit Sharing Plan at $10M / 19 participants.

#4,404
in Finance & Insurance (9,261 peers)
-15.8%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

J.M. Forbes & Co. Employees Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

J.M. Forbes & Co. Employees Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$9,664,913 Top 36% higher than 64% of 139,123 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 2022

J.M. Forbes & Co. Employees Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. J.M. Forbes & Co. Employees Profit Sharing Plan is a small filing (19 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 041335260 · J.M. Forbes & Co. LLP PY 2022 · 401(k)

J.M. Forbes & Co. Employees Profit Sharing Plan · $10M · 19 · 64th

  • BOY $10M
  • SCH 19
  • EBSA 64th
  • PART 401(k)
  • TYPE near Paf 401(k) Plan
  • NET ind #4404

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

J.M. Forbes & Co. Employees Profit Sharing Plan in the asset neighbourhood

American Marine Services Group 401(k) Profit Sharing PlanAmerican Marine Services Gro…$10MJ.M. Forbes & Co. Employees Profit Sharing PlanJ.M. Forbes & Co. Employees …$10MPaf 401(k) Plan$10MNational Confectioner's Association 401(k) PlanNational Confectioner's Asso…$10MAdvion, Inc. 401(k) Plan$10M
End-of-year total assets ($M) among J.M. Forbes & Co. Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

J.M. Forbes & Co. LLP multi-year asset trail

Sponsor-wide plan assets over time

All J.M. Forbes & Co. LLP plans reported in each filing year

Latest sponsor-wide plan assets
$13M 35.317048379018004% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.66M $13.1M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 19 $10M
2023 1 19 $12M
2024 1 20 $13M

J.M. Forbes & Co. LLP filing trail (2022)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$2M
Employer EIN041335260
Plan Effective Date1947-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

J.M. Forbes & Co. Employees Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants J.M. Forbes & Co. Employees Profit Sharing Plan, Total assets ($B): 0.009664913 · Participants: 19J.M. Forbes & Co. Employees Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
J.M. Forbes & Co. Employees Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare J.M. Forbes & Co. Employees Profit Sharing Plan side-by-side with 3 peers →

J.M. Forbes & Co. Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Paf 401(k) Plan in VA ($10M); by covered participants it is Jch Holdings Inc. 401(k) Plan in TX (19 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (19 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did J.M. Forbes & Co. Employees Profit Sharing Plan assets move in 2022? ▼
J.M. Forbes & Co. Employees Profit Sharing Plan declined sharply - down 15.8% during 2022, from $11M to $10M. Reported net income was -$2M.
How have J.M. Forbes & Co. LLP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), J.M. Forbes & Co. LLP's sponsor-wide assets grew 35.3%, from $10M to $13M.
Which 401(k) plans are similar in size to J.M. Forbes & Co. Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paf 401(k) Plan in VA ($10M, 228 participants).
Which 401(k) plans cover a similar participant headcount to J.M. Forbes & Co. Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Jch Holdings Inc. 401(k) Plan in TX (19 participants, $2M in assets).

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 041335260.

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.