401(k) · DOL Form 5500 · 2023
Ufp Industries, Inc 401(k) Plan
Data updated 2026-08-11
- $735M
- Total assets
- 12,181
- Participants
- 98th
- Percentile by assets
- $60,309
- Avg per participant
Official DOL plan name: Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan · Sponsored by Ufp Industries, Inc · Michigan · Management of Enterprises
$735M in assets, 12,181 participants
Ufp Industries, Inc's Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan reported $735M in total assets and 12,181 participants in its 2023 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.
- 98th percentile by assets (of 127,072 plans)
- #1,055 in Management of Enterprises (1,137 peers)
Coverage in Michigan
Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan covers 12,181 participants in Michigan, 19x the typical Michigan plan (state average ~638 per filing). Assets: $735M.
- $735M
- total plan assets (2023 EOY)
- 12,181
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $60,309
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan reported net income rose from -$68M in the plan year 2022 filing to $149M in the plan year 2023 filing.
- Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan end-of-year assets rose from $533M in the plan year 2022 filing to $735M in the plan year 2023 filing.
- Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan reported participants rose from 11,136 in the plan year 2022 filing to 12,181 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan reports 12,181 participants - 19x that state average ($735M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $533M |
|---|---|
| Net Assets (End of Year) | $735M |
| Net Income | $149M |
| Employer EIN | 381465835 |
| Plan Effective Date | 1997-11-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ufp Industries, Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 11,136 | $533M |
| 2023 | 1 | 12,181 | $735M |
| 2024 | 1 | 13,413 | $785M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Scale composition for Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan
Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan reports $735M in end-of-year assets across 12,181 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $60,309 per participant (44% of the national average assets-per-participant) . Net income for plan year 2023 was $149M.
This plan identity (EIN 381465835, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $533M to $785M (+47.1%) while covered participants moved from 11,136 to 13,413 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,136 | $533M | Open filing |
| 2023 | 12,181 | $735M | This page |
| 2024 · index core | 13,413 | $785M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan (401(k), $785M, 13,413 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan by total assets, not by location.
- National Instruments 401(k) Plan (TX) $734M · 2,140
- Oceaneering Retirement Investment Plan (TX) $734M · 3,519
- American Air Liquide Holdings, Inc. Enhanced Savings Plan (TX) $732M · 2,981
- Forvis, LLP Employees' Savings Plan II (MO) $732M · 3,386
Frequently Asked Questions
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Filing takeaways
Ways to act on Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan's numbers.
- By total assets, Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Ufp Industries, Inc's sponsor-wide assets have grown 47.1% since 2022 across 3 plan years on file. More Management of Enterprises plans