401(k) · DOL Form 5500 · 2022

Formica Corporation 401(k) Plan

Data updated 2026-08-11

$67M
Total assets
526
Participants
90th
Percentile by assets
$127,135
Avg per participant
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Official DOL plan name: Formica Corporation 401(k) Retirement Savings Plan · Sponsored by Formica Corporation · Ohio · Manufacturing

$67M in assets, 526 participants

Formica Corporation's Formica Corporation 401(k) Retirement Savings Plan reported $67M in total assets and 526 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #17,610 in Manufacturing (20,602 peers)

Where Formica Corporation 401(k) Retirement Savings Plan sits by assets

Formica Corporation 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $67M for 526 participants (~$127,135/participant), down 24.6% in 2022.

$67M
total plan assets (2022 EOY)
526
covered participants
90th
percentile by assets (of 139,126 plans)
$127,135
avg assets per participant

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Formica Corporation 401(k) Retirement Savings Plan sits by total assets

Formica Corporation 401(k) Retirement Savings Plan vs every filed plan by assets

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

$66,873,230 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Ohio
Industry
Manufacturing

Formica Corporation 401(k) Retirement Savings Plan vs the 2022 asset distribution

By assets, Formica Corporation 401(k) Retirement Savings Plan outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$67M
Net Income-$22M
Employer EIN232192184
Plan Effective Date1985-05-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Formica Corporation)

$60M$70M$80M$90M$100M 202220232024 $66.9M $91.5M ▲ +36.9%
Total plan assets by year, all Formica Corporation plans on file
Year Plans Participants Total Assets
2022 1 526 $67M
2023 1 523 $83M
2024 1 522 $92M

Nearby 401(k) Plans in Ohio

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

Formica Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Formica Corporation …, Total assets ($B): 0.06687323 · Participants: 526Formica Corporation …The Sherwin-Williams…, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams…The Progressive 401(…, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(…The Kroger Co. 401(k…, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k…Nationwide Savings P…, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings P…Marathon Petroleum T…, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum T…
Formica Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Formica Corporation 401(k) Retirement Sa… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Formica Corporation 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Formica Corporation 401(k) Retirement Savings Plan assets move in 2022? ▼
Formica Corporation 401(k) Retirement Savings Plan declined sharply - down 24.6% during 2022, from $89M to $67M. Reported net income was -$22M.
How have Formica Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Formica Corporation's sponsor-wide assets grew 36.9%, from $67M to $92M.
Where does Formica Corporation 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Formica Corporation 401(k) Retirement Savings Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Formica Corporation 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Anesthesia Associates of Boise 401(k) Salary Savings Plan in ID ($67M, 136 participants).

Next read for Formica Corporation 401(k) Retirement Sa…

Scale reading

Ways to act on Formica Corporation 401(k) Retirement Savings Plan's numbers.

  • By total assets, Formica Corporation 401(k) Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
  • Formica Corporation's sponsor-wide assets have grown 36.9% since 2022 across 3 plan years on file. More Manufacturing plans

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 232192184.

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.