401(k) · DOL Form 5500 · 2023

Fams Corporation 401(k) Plan

Data updated 2026-08-25

$409K
Total assets Small plan by assets
7
Participants Small participant base
16th
Percentile by assets National rank
$58,445
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Fams Corporation 401(k) Plan · Sponsored by Fams Corporation · Tennessee · Other Services

$409K in assets, 7 participants

Fams Corporation's Fams Corporation 401(k) Plan reported $409K in total assets and 7 participants in its 2023 DOL Form 5500 filing, ranking in the 16th 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.

  • #2,777 in Other Services (7,857 peers)

Fams Corporation multi-year trail

Fams Corporation's plans moved -50.6% in assets from 2022 to 2024; this filing shows Fams Corporation 401(k) Plan at $409K / 7 participants.

#2,777
in Other Services (7,857 peers)
-28.7%
assets change YoY

The plan reported a net loss of $165K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Fams Corporation 401(k) Plan among the smaller filed plans by assets

Fams Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$409,116 16th percentile higher than 16% of 127,068 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 2023

Fams Corporation 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fams Corporation 401(k) Plan is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fams Corporation 401(k) Plan reported net income fell from $225K in the plan year 2022 filing to -$165K in the plan year 2023 filing.
  • Fams Corporation 401(k) Plan reported participants rose from 5 in the plan year 2022 filing to 7 in the plan year 2023 filing.
  • Fams Corporation 401(k) Plan end-of-year assets fell from $574K in the plan year 2022 filing to $409K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 471083593 · Fams Corporation PY 2023 · 401(k)

Fams Corporation 401(k) Plan · $409K · 7 · 16th

  • TYPE $409K
  • TYPE 7
  • TYPE 16th
  • TYPE 401(k)
  • TYPE near Q's Welding & Machine Retirement Plan
  • TYPE ind #2777

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 Other Services retirement plans → · Plans in Tennessee →

Fams Corporation 401(k) Plan in the asset neighbourhood

Fams Corporation 401(k) Plan$409KQ's Welding & Machine Retirement PlanQ's Welding & Machine Retire…$409K3tc Inc. Retirement Plan$409KAkoma Js Corporation 401(k) Profit Sharing PlanAkoma Js Corporation 401(k) …$409KBrightroll, Inc 401(k) Profit Sharing PlanBrightroll, Inc 401(k) Profi…$409K
End-of-year total assets ($M) among Fams Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Fams Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Fams Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$284K 50.58373825946517% vs 2022
2024 filing year
$0.2M$0.3M$0.4M$0.5M$0.6M 202220232024 $0.57M $0.28M ▼ -50.9%
Year Plans Participants Total Assets
2022 1 5 $574K
2023 1 7 $409K
2024 1 3 $284K

Fams Corporation filing trail (2023)

Total Assets (Beginning of Year)$574K
Net Assets (End of Year)$409K
Net Income-$165K
Employer EIN471083593
Plan Effective Date2014-06-07
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

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

Fams Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Fams Corporation 401(k) Plan, Total assets ($B): 0.000409116 · Participants: 7Fams Corporation 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Fams Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Fams Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Q's Welding & Machine Retirement Plan in ND ($409K); by covered participants it is Asana Biosciences, LLC 401(k) Plan in NJ (7 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($409K here).

Similar participant headcount

Nearest other-state filings by covered participants (7 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Fams Corporation 401(k) Plan assets move in 2023?
Fams Corporation 401(k) Plan declined sharply - down 28.7% during 2023, from $574K to $409K. Reported net income was -$165K.
How have Fams Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Fams Corporation's sponsor-wide assets declined 50.6%, from $574K to $284K.
Where does Fams Corporation 401(k) Plan rank by assets among Form 5500 filers?
Fams Corporation 401(k) Plan ranks in the 16th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Fams Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Q's Welding & Machine Retirement Plan in ND ($409K, 1 participant).
Which 401(k) plans cover a similar participant headcount to Fams Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Asana Biosciences, LLC 401(k) Plan in NJ (7 participants, N/A in assets).