Fives Retirement Savings Plan
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Fives Inc. · Michigan · Management of Enterprises
What the 2023 filing shows
Fives Retirement Savings Plan holds $260M for 1,246 participants — about $209,049 per participant, down 17.4% over the 2022 plan year.
- $260M
- total plan assets (2022 EOY)
- 1,246
- covered participants
- $209,049
- avg assets per participant
- -17.4%
- assets change YoY
The plan reported a net loss of $55M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Fives Retirement Savings Plan
Fives Retirement Savings Plan is a 401(k) retirement plan sponsored by Fives Inc., headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $260M in total end-of-year assets and covers 1,246 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 383503183, and the plan has been effective since 2000-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $315M at the beginning of 2022 to $260M at year-end — a decline of 17.4%. Net assets (after liabilities) closed the year at $260M, with reported net income of $-54,739,133 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.
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.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $315M |
| Total Assets (End of Year) | $260M |
| Net Assets (End of Year) | $260M |
| Net Income | $-54,739,133 |
| Plan Type | 401(k) |
| Employer EIN | 383503183 |
| Plan Effective Date | 2000-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fives Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,246 | $260M |
| 2023 | 1 | 1,386 | $295M |
| 2024 | 1 | 1,439 | $314M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans — same state, same plan type — ranked by total assets.
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
- Stryker Corporation 401(k) Savings and Retirement Plan $6.6B · 24,750
- Whirlpool 401(k) Retirement Plan $3.3B · 19,575
Related Data
Guides
Frequently Asked Questions
How much money is in the Fives Retirement Savings Plan? ▼
What type of plan is Fives Retirement Savings Plan? ▼
Who sponsors the Fives Retirement Savings Plan? ▼
How did Fives Retirement Savings Plan perform in 2022? ▼
Where can I find official filings for Fives Retirement Savings Plan? ▼
How does Fives Retirement Savings Plan compare to other plans? ▼
Explore PlainRetire
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 383503183.
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.