401(k) · DOL Form 5500 · 2022

Functional Devices, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
138
Participants Small participant base
45th
Percentile by assets National rank
$28,032
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Functional Devices 401(k) Profit Sharing Plan · Sponsored by Functional Devices, Inc. · Indiana · Manufacturing

$4M in assets, 138 participants

Functional Devices, Inc.'s Functional Devices 401(k) Profit Sharing Plan reported $4M in total assets and 138 participants in its 2022 DOL Form 5500 filing, ranking in the 45th 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.

  • #5,899 in Manufacturing (20,602 peers)

Coverage in Indiana

Functional Devices 401(k) Profit Sharing Plan covers 138 participants in Indiana, about 26% of the average Indiana filer (state average ~541 per filing). Assets: $4M.

#5,899
in Manufacturing (20,602 peers)
-8.6%
assets change YoY

The plan reported a net loss of $365K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Functional Devices 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Functional Devices 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,868,452 45th percentile higher than 45% 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

Functional Devices 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Functional Devices 401(k) Profit Sharing Plan sits mid-pack in the medium band (138 participants).

Form 5500 schedule snapshot

Filing strip 351161515 · Functional Devices, Inc. PY 2022 · 401(k)

Functional Devices 401(k) Profit Sharing Plan · $4M · 138 · 45th

  • 5500 $4M
  • 5500 138
  • 5500 45th
  • 5500 401(k)
  • 5500 near Toyo Automotive 401(k) Plan
  • 5500 ind #5899

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 Manufacturing retirement plans → · Plans in Indiana →

Functional Devices 401(k) Profit Sharing Plan in the asset neighbourhood

Functional Devices 401(k) Profit Sharing PlanFunctional Devices 401(k) Pr…$4MToyo Automotive 401(k) Plan$4MMcDonald's and Simmons PC 401(k) Plan and TrustMcDonald's and Simmons PC 40…$4MPlaza Associates, Inc. 401(k) Retirement PlanPlaza Associates, Inc. 401(k…$4MThe Driggs Savings Plan$4M
End-of-year total assets ($M) among Functional Devices 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$365K
Employer EIN351161515
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Functional Devices, Inc.)

Sponsor-wide plan assets over time

All Functional Devices, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 52.66008212070358% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.87M $5.91M ▲ +52.7%
Year Plans Participants Total Assets
2022 1 138 $4M
2023 1 177 $5M
2024 1 160 $6M

Nearby 401(k) Plans in Indiana

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

Functional Devices 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Functional Devices 401(k) Profit Sharing Plan, Total assets ($B): 0.003868452 · Participants: 138Functional Devices 401(k) Profit Sharing PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Functional Devices 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Functional Devices 401(k) Profit Sharing Plan side-by-side with 3 peers →

Functional Devices 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Toyo Automotive 401(k) Plan in KY ($4M); by covered participants it is Capital Pumping, LP 401(k) Profit Sharing Plan in TX (138 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (138 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 Functional Devices 401(k) Profit Sharing Plan assets move in 2022? ▼
Functional Devices 401(k) Profit Sharing Plan pulled back noticeably - down 8.6% during 2022, from $4M to $4M. Reported net income was -$365K.
How have Functional Devices, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Functional Devices, Inc.'s sponsor-wide assets grew 52.7%, from $4M to $6M.
Which 401(k) plans are similar in size to Functional Devices 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Toyo Automotive 401(k) Plan in KY ($4M, 244 participants).
Which 401(k) plans cover a similar participant headcount to Functional Devices 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Capital Pumping, LP 401(k) Profit Sharing Plan in TX (138 participants, N/A in assets).

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 351161515.

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.