401(k) · DOL Form 5500 · 2023

Ufp Industries, Inc 401(k) Plan

Data updated 2026-08-25

$735M
Total assets Above avg plan size
12,181
Participants Very large workforce
98th
Percentile by assets National rank
$60,309
Avg per participant Low balance/head
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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.

  • #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.

#1,055
in Management of Enterprises (1,137 peers)
+37.7%
assets growth YoY
7.4×
vs typical plan assets (national mean)

Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan's outsized position by total assets

Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$734,620,059 Top 2% higher than 98% 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

Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan is a mega filing (12,181 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381465835 · Ufp Industries, Inc PY 2023 · 401(k)

Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan · $735M · 12,181 · 98th

  • NET $735M
  • NET 12,181
  • NET 98th
  • NET 401(k)
  • NET near National Instruments 401(k) Plan
  • NET ind #1055

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 Management of Enterprises retirement plans → · Plans in Michigan →

Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan in the asset neighbourhood

Ufp Industries, Inc. Employees' Profit Sharing and 401(k) PlanUfp Industries, Inc. Employe…$735MNational Instruments 401(k) PlanNational Instruments 401(k) …$734MOceaneering Retirement Investment PlanOceaneering Retirement Inves…$734MAmerican Air Liquide Holdings, Inc. Enhanced Savings PlanAmerican Air Liquide Holding…$732MForvis, LLP Employees' Savings Plan IIForvis, LLP Employees' Savin…$732M
End-of-year total assets ($M) among Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$533M
Net Assets (End of Year)$735M
Net Income$149M
Employer EIN381465835
Plan Effective Date1997-11-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Ufp Industries, Inc)

Sponsor-wide plan assets over time

All Ufp Industries, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$785M 47.14218433420881% vs 2022
2024 filing year
$500M$600M$700M$800M$900M 202220232024 $533M $785M ▲ +47.1%
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 Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan, Total assets ($B): 0.734620059 · Participants: 12181Ufp Industries, Inc. Employees' Profit Sharing and 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is National Instruments 401(k) Plan in TX ($734M); by covered participants it is Andersen 401(k) Plan in MN (12,184 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($735M here).

Similar participant headcount

Nearest other-state filings by covered participants (12,181 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 Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan assets move in 2023? ▼
Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan surged - up 37.7% during 2023, from $533M to $735M. Reported net income was $149M.
How have Ufp Industries, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ufp Industries, Inc's sponsor-wide assets grew 47.1%, from $533M to $785M.
Where does Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is National Instruments 401(k) Plan in TX ($734M, 2,140 participants).
Which 401(k) plans cover a similar participant headcount to Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Andersen 401(k) Plan in MN (12,184 participants, $1.3B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381465835.

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.