401(k) · DOL Form 5500 · 2022

Forman Design, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
7
Participants Small participant base
25th
Percentile by assets National rank
$149,069
Avg per participant Above avg balance/head
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Official DOL plan name: Forman Design, Inc. 401(k) Profit Sharing Plan · Sponsored by Forman Design, Inc. · Virginia · Construction

$1M in assets, 7 participants

Forman Design, Inc.'s Forman Design, Inc. 401(k) Profit Sharing Plan reported $1M in total assets and 7 participants in its 2022 DOL Form 5500 filing, ranking in the 25th 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.

  • #2,238 in Construction (9,927 peers)

Forman Design, Inc. multi-year trail

Forman Design, Inc.'s plans moved -51.1% in assets from 2022 to 2024; this filing shows Forman Design, Inc. 401(k) Profit Sharing Plan at $1M / 7 participants.

#2,238
in Construction (9,927 peers)
-23.2%
assets change YoY

The plan reported a net loss of $316K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Forman Design, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Forman Design, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$1,043,484 25th percentile higher than 25% 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

Forman Design, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Forman Design, Inc. 401(k) Profit Sharing Plan is a micro filing (7 participants), the leftmost band.

EBSA filing schedule strip

Filing strip 273472585 · Forman Design, Inc. PY 2022 · 401(k)

Forman Design, Inc. 401(k) Profit Sharing Plan · $1M · 7 · 25th

  • PART $1M
  • PART 7
  • PART 25th
  • PART 401(k)
  • PART near Mandarich Law Group LLP
  • PART ind #2238

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 Construction retirement plans → · Plans in Virginia →

Forman Design, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Forman Design, Inc. 401(k) Profit Sharing PlanForman Design, Inc. 401(k) P…$1MMandarich Law Group LLP$1MCalzedonia USA, Inc. 401(k) Profit Sharing Plan and TrustCalzedonia USA, Inc. 401(k) …$1MCrossways Tax Preparation LLC 401(k) Profit Sharing Plan & TrustCrossways Tax Preparation LL…$1MGrant Aviation, Inc. 401(k) Profit Sharing PlanGrant Aviation, Inc. 401(k) …$1M
End-of-year total assets ($M) among Forman Design, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Forman Design, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Forman Design, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$510K 51.129485454496674% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M 202220232024 $1.04M $0.51M ▼ -51.0%
Year Plans Participants Total Assets
2022 1 7 $1M
2023 1 9 $798K
2024 1 10 $510K

Forman Design, Inc. filing trail (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income-$316K
Employer EIN273472585
Plan Effective Date2010-09-16
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Forman Design, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Forman Design, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.001043484 · Participants: 7Forman Design, Inc. 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Forman Design, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Forman Design, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Mandarich Law Group LLP in IL ($1M); by covered participants it is Stel Pro Inc 401(k) Plan in TX (7 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7 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 Forman Design, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Forman Design, Inc. 401(k) Profit Sharing Plan declined sharply - down 23.2% during 2022, from $1M to $1M. Reported net income was -$316K.
How have Forman Design, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Forman Design, Inc.'s sponsor-wide assets declined 51.1%, from $1M to $510K.
Where does Forman Design, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Forman Design, Inc. 401(k) Profit Sharing Plan ranks in the 25th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the lower half of filed plans by assets).
Which 401(k) plans are similar in size to Forman Design, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Mandarich Law Group LLP in IL ($1M, 165 participants).
Which 401(k) plans cover a similar participant headcount to Forman Design, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Stel Pro Inc 401(k) Plan in TX (7 participants, $67K in assets).