401(k) · DOL Form 5500 · 2022

Faegre Drinker Biddle & Reath LLP 401(k) Plan

Data updated 2026-08-25

$591M
Total assets Above avg plan size
1,444
Participants Near avg headcount
98th
Percentile by assets National rank
$409,040
Avg per participant High balance/head
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Official DOL plan name: Faegre Drinker Retirement Savings Plan 2 · Sponsored by Faegre Drinker Biddle & Reath LLP · Minnesota · Professional & Technical Services

$591M in assets, 1,444 participants

Faegre Drinker Biddle & Reath LLP's Faegre Drinker Retirement Savings Plan 2 reported $591M in total assets and 1,444 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #21,305 in Professional & Technical Services (21,562 peers)

Where Faegre Drinker Retirement Savings Plan 2 sits by assets

Faegre Drinker Retirement Savings Plan 2 sits in the top 5% of all filed plans by assets, $591M for 1,444 participants (~$409,040/participant), down 21.5% in 2022.

#21,305
in Professional & Technical Services (21,562 peers)
-21.5%
assets change YoY
5.9×
vs typical plan assets (national mean)

The plan reported a net loss of $162M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Faegre Drinker Retirement Savings Plan 2's outsized position by total assets

Faegre Drinker Retirement Savings Plan 2 vs every filed plan by assets

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

$590,653,788 Top 2% higher than 98% 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

Faegre Drinker Retirement Savings Plan 2's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faegre Drinker Retirement Savings Plan 2 lands in the large band (1,444 participants).

Form 5500 schedule snapshot

Filing strip 410244008 · Faegre Drinker Biddle & Reath LLP PY 2022 · 401(k)

Faegre Drinker Retirement Savings Plan 2 · $591M · 1,444 · 98th

  • PCT $591M
  • PCT 1,444
  • PCT 98th
  • PCT 401(k)
  • PCT near Uline, Inc. Profit Sharing Plan and Trust
  • PCT ind #21305

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Faegre Drinker Retirement Savings Plan 2 in the asset neighbourhood

Terumo Employee Savings and Investment PlanTerumo Employee Savings and …$592MRetail Business Services LLC Retirement Savings PlanRetail Business Services LLC…$591MUline, Inc. Profit Sharing Plan and TrustUline, Inc. Profit Sharing P…$591MFaegre Drinker Retirement Savings Plan 2Faegre Drinker Retirement Sa…$591MWeil, Gotshal & Manges Section 401(k) Savings and Investment PlanWeil, Gotshal & Manges Secti…$590M
End-of-year total assets ($M) among Faegre Drinker Retirement Savings Plan 2 and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$753M
Net Assets (End of Year)$591M
Net Income-$162M
Employer EIN410244008
Plan Effective Date2021-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faegre Drinker Biddle & Reath LLP)

Sponsor-wide plan assets over time

All Faegre Drinker Biddle & Reath LLP plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 26.964247118493027% vs 2022
2024 filing year
$1.1B$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.21B $1.54B ▲ +27.3%
Year Plans Participants Total Assets
2022 2 2,885 $1.2B
2023 2 2,798 $1.4B
2024 2 2,697 $1.5B

Nearby 401(k) Plans in Minnesota

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

Faegre Drinker Retirement Savings Plan 2 vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Faegre Drinker Retirement Savings Plan 2, Total assets ($B): 0.590653788 · Participants: 1444Faegre Drinker Retirement Savings Plan 2Unitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Faegre Drinker Retirement Savings Plan 2 vs. nearby 401(k) plans in Minnesota, assets vs. participants

Faegre Drinker Retirement Savings Plan 2's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Uline, Inc. Profit Sharing Plan and Trust in WI ($591M); by covered participants it is Capital Region Medical Center 401(k) Profit Sharing Plan in MO (1,444 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,444 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 Faegre Drinker Retirement Savings Plan 2 assets move in 2022? ▼
Faegre Drinker Retirement Savings Plan 2 declined sharply - down 21.5% during 2022, from $753M to $591M. Reported net income was -$162M.
How have Faegre Drinker Biddle & Reath LLP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Faegre Drinker Biddle & Reath LLP's sponsor-wide assets grew 27.0%, from $1.2B to $1.5B.
Where does Faegre Drinker Retirement Savings Plan 2 rank by assets among Form 5500 filers? ▼
Faegre Drinker Retirement Savings Plan 2 ranks in the 98th 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 Faegre Drinker Retirement Savings Plan 2? ▼
Among 401(k) plans in other states, the closest by assets is Uline, Inc. Profit Sharing Plan and Trust in WI ($591M, 7,339 participants).
Which 401(k) plans cover a similar participant headcount to Faegre Drinker Retirement Savings Plan 2? ▼
Among 401(k) plans in other states, the closest by covered participants is Capital Region Medical Center 401(k) Profit Sharing Plan in MO (1,444 participants, $107M in assets).