401(k) · DOL Form 5500 · 2022

Michael Best and Friedrich, LLP 401(k) Plan

Data updated 2026-08-11

$244M
Total assets
668
Participants
96th
Percentile by assets
$364,837
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Michael Best 401(k) Plan · Sponsored by Michael Best and Friedrich, LLP · Wisconsin · Professional & Technical Services

$244M in assets, 668 participants

Michael Best and Friedrich, LLP's Michael Best 401(k) Plan reported $244M in total assets and 668 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #20,978 in Professional & Technical Services (21,562 peers)

Where Michael Best 401(k) Plan sits by assets

Michael Best 401(k) Plan sits in the top 5% of all filed plans by assets, $244M for 668 participants (~$364,837/participant), down 13.9% in 2022.

$244M
total plan assets (2022 EOY)
668
covered participants
96th
percentile by assets (of 139,126 plans)
$364,837
avg assets per participant

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Michael Best 401(k) Plan vs the 2022 asset distribution

By assets, Michael Best 401(k) Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$283M
Net Assets (End of Year)$244M
Net Income-$40M
Employer EIN390934985
Plan Effective Date1983-11-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Michael Best and Friedrich, LLP)

$300M$350M$400M 202220232024 $313M $384M ▲ +22.7%
Total plan assets by year, all Michael Best and Friedrich, LLP plans on file
Year Plans Participants Total Assets
2022 2 820 $313M
2023 2 827 $346M
2024 2 797 $384M

Nearby 401(k) Plans in Wisconsin

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

Michael Best 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Michael Best 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Michael Best 401(k) …Johnson Controls Ret…Fiserv 401(k) Saving…Kimberly-Clark Corpo…Rockwell Automation …Nm Employee Savings …
Michael Best 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Michael Best 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Michael Best 401(k) Plan assets move in 2022?
Michael Best 401(k) Plan pulled back noticeably - down 13.9% during 2022, from $283M to $244M. Reported net income was -$40M.
How have Michael Best and Friedrich, LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Michael Best and Friedrich, LLP's sponsor-wide assets grew 22.7%, from $313M to $384M.
Where does Michael Best 401(k) Plan rank by assets among Form 5500 filers?
Michael Best 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Michael Best 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Eresearch Technology 401(k) Plan in PA ($244M, 1,187 participants).

Scale reading

Ways to act on Michael Best 401(k) Plan's numbers.