401(k)
2022 plan-year 401(k) DOL Form 5500

FOUNDERS 401K PROFIT SHARING PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

FOUNDERS SOFTWARE INC.

This 401(k) plan holds $1M in total assets and serves 155 participants as of 2022. It is sponsored by FOUNDERS SOFTWARE INC. in New York. The plan reported positive net income of $71K for the year.

Total Assets (2023)
$1M
Participants
155
State
Industry
Healthcare & Social Assistance

What the Filing Says About FOUNDERS 401K PROFIT SHARING PLAN

FOUNDERS 401K PROFIT SHARING PLAN is a 401(k) retirement plan sponsored by FOUNDERS SOFTWARE INC., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 155 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 824935091, and the plan has been effective since 2017-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2022 to $1M at year-end — a gain of 5.8%. Net assets (after liabilities) closed the year at $1M, with reported net income of $71K 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 1 prior plan-year filing 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)$1M
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$71K
Plan Type401(k)
Employer EIN824935091
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (FOUNDERS SOFTWARE INC.)

Year Plans Participants Total Assets
2022 1 155 $1M
2023 1 180 N/A

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Frequently Asked Questions

How much money is in the FOUNDERS 401K PROFIT SHARING PLAN?
As of the 2022 Form 5500 filing, FOUNDERS 401K PROFIT SHARING PLAN holds $1M in total assets with 155 participants. It is sponsored by FOUNDERS SOFTWARE INC..
What type of plan is FOUNDERS 401K PROFIT SHARING PLAN?
FOUNDERS 401K PROFIT SHARING PLAN is a 401(k) plan. It has been effective since 2017-01-01. The plan is filed with the U.S. Department of Labor under EIN 824935091.
Who sponsors the FOUNDERS 401K PROFIT SHARING PLAN?
FOUNDERS 401K PROFIT SHARING PLAN is sponsored by FOUNDERS SOFTWARE INC., located in New York. The sponsor's EIN is 824935091 and the plan operates in the Healthcare & Social Assistance industry.
How did FOUNDERS 401K PROFIT SHARING PLAN perform in 2022?
FOUNDERS 401K PROFIT SHARING PLAN grew by 5.8% during 2022, moving from $1M to $1M in total assets. Net income was $71K.
Where can I find official filings for FOUNDERS 401K PROFIT SHARING PLAN?
Official Form 5500 filings for FOUNDERS 401K PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 824935091 or plan name at efast.dol.gov.
How does FOUNDERS 401K PROFIT SHARING PLAN compare to other plans?
You can compare FOUNDERS 401K PROFIT SHARING PLAN against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 824935091.

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.

Data sourced from official public datasets. See our methodology for details.