401(k) · DOL Form 5500 · 2022

Flexsteel Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
655
Participants Below avg headcount
91st
Percentile by assets National rank
$113,395
Avg per participant Below avg balance/head
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Official DOL plan name: Flexsteel Industries, Inc. 401(k) Plan · Sponsored by Flexsteel Industries, Inc. · Iowa · Manufacturing

$74M in assets, 655 participants

Flexsteel Industries, Inc.'s Flexsteel Industries, Inc. 401(k) Plan reported $74M in total assets and 655 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #17,800 in Manufacturing (20,602 peers)

Where Flexsteel Industries, Inc. 401(k) Plan sits by assets

Flexsteel Industries, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $74M for 655 participants (~$113,395/participant), down 19.8% in 2022.

#17,800
in Manufacturing (20,602 peers)
-19.8%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Flexsteel Industries, Inc. 401(k) Plan's outsized position by total assets

Flexsteel Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$74,273,566 Top 9% higher than 91% 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

Flexsteel Industries, Inc. 401(k) 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. Flexsteel Industries, Inc. 401(k) Plan sits mid-pack in the medium band (655 participants).

Form 5500 schedule snapshot

Filing strip 420442319 · Flexsteel Industries, Inc. PY 2022 · 401(k)

Flexsteel Industries, Inc. 401(k) Plan · $74M · 655 · 91st

  • IND $74M
  • IND 655
  • IND 91st
  • IND 401(k)
  • IND near Renaissancere Holdings Ltd. 401(k) Retirement Plan
  • IND ind #17800

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 Iowa →

Flexsteel Industries, Inc. 401(k) Plan in the asset neighbourhood

New Mexico Pipetrades Pension Trust Fund Plan BNew Mexico Pipetrades Pensio…$74MVirginia Credit Union 401(k) Savings PlanVirginia Credit Union 401(k)…$74MFlexsteel Industries, Inc. 401(k) PlanFlexsteel Industries, Inc. 4…$74MRenaissancere Holdings Ltd. 401(k) Retirement PlanRenaissancere Holdings Ltd. …$74MSubaru Distributors Corp. Retirement Plan and TrustSubaru Distributors Corp. Re…$74M
End-of-year total assets ($M) among Flexsteel Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$74M
Net Income-$18M
Employer EIN420442319
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flexsteel Industries, Inc.)

Sponsor-wide plan assets over time

All Flexsteel Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$86M 15.598223734134429% vs 2022
2024 filing year
$70M$75M$80M$85M$90M 202220232024 $74.3M $85.9M ▲ +15.6%
Year Plans Participants Total Assets
2022 1 655 $74M
2023 1 425 $85M
2024 1 431 $86M

Nearby 401(k) Plans in Iowa

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

Flexsteel Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Flexsteel Industries, Inc. 401(k) Plan, Total assets ($B): 0.074273566 · Participants: 655Flexsteel Industries, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Flexsteel Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Flexsteel Industries, Inc. 401(k) Plan side-by-side with 3 peers →

Flexsteel Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Renaissancere Holdings Ltd. 401(k) Retirement Plan in ($74M); by covered participants it is Waterstone Mortgage 401(k) Plan in WI (655 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (655 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 Flexsteel Industries, Inc. 401(k) Plan assets move in 2022? ▼
Flexsteel Industries, Inc. 401(k) Plan declined sharply - down 19.8% during 2022, from $93M to $74M. Reported net income was -$18M.
How have Flexsteel Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Flexsteel Industries, Inc.'s sponsor-wide assets grew 15.6%, from $74M to $86M.
Where does Flexsteel Industries, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Flexsteel Industries, Inc. 401(k) Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Flexsteel Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Renaissancere Holdings Ltd. 401(k) Retirement Plan in ($74M, 199 participants).
Which 401(k) plans cover a similar participant headcount to Flexsteel Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Waterstone Mortgage 401(k) Plan in WI (655 participants, $36M 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 420442319.

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.