401(k) · DOL Form 5500 · 2023

J.M. Forbes & Co. LLP 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
19
Participants Small participant base
63rd
Percentile by assets National rank
$630,342
Avg per participant High balance/head
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Official DOL plan name: J.M. Forbes & Co. Employees Profit Sharing Plan · Sponsored by J.M. Forbes & Co. LLP · Massachusetts · Finance & Insurance

$12M in assets, 19 participants

J.M. Forbes & Co. LLP's J.M. Forbes & Co. Employees Profit Sharing Plan reported $12M in total assets and 19 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #4,200 in Finance & Insurance (8,869 peers)

J.M. Forbes & Co. LLP multi-year trail

J.M. Forbes & Co. LLP's plans moved +35.3% in assets from 2022 to 2024; this filing shows J.M. Forbes & Co. Employees Profit Sharing Plan at $12M / 19 participants.

#4,200
in Finance & Insurance (8,869 peers)
+23.9%
assets growth YoY

J.M. Forbes & Co. Employees Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

J.M. Forbes & Co. Employees Profit Sharing Plan vs every filed plan by assets

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

$11,976,494 Top 37% higher than 63% 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

J.M. Forbes & Co. Employees Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. J.M. Forbes & Co. Employees Profit Sharing Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • J.M. Forbes & Co. Employees Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • J.M. Forbes & Co. Employees Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 041335260 · J.M. Forbes & Co. LLP PY 2023 · 401(k)

J.M. Forbes & Co. Employees Profit Sharing Plan · $12M · 19 · 63rd

  • BOY $12M
  • SCH 19
  • EBSA 63rd
  • PART 401(k)
  • TYPE near Steelville Manufacturing Co 401(k)Plan
  • NET ind #4200

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

J.M. Forbes & Co. Employees Profit Sharing Plan in the asset neighbourhood

J.M. Forbes & Co. Employees Profit Sharing PlanJ.M. Forbes & Co. Employees …$12MSteelville Manufacturing Co 401(k)PlanSteelville Manufacturing Co …$12MTharanco Group, Inc. 401(k) PlanTharanco Group, Inc. 401(k) …$12MSoutheastern Archaeological Research, Inc. 401(k) PlanSoutheastern Archaeological …$12MClark Service Group 401(k) PlanClark Service Group 401(k) P…$12M
End-of-year total assets ($M) among J.M. Forbes & Co. Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

J.M. Forbes & Co. LLP multi-year asset trail

Sponsor-wide plan assets over time

All J.M. Forbes & Co. LLP plans reported in each filing year

Latest sponsor-wide plan assets
$13M 35.317048379018004% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.66M $13.1M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 19 $10M
2023 1 19 $12M
2024 1 20 $13M

J.M. Forbes & Co. LLP filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN041335260
Plan Effective Date1947-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

J.M. Forbes & Co. Employees Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants J.M. Forbes & Co. Employees Profit Sharing Plan, Total assets ($B): 0.011976494 · Participants: 19J.M. Forbes & Co. Employees Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
J.M. Forbes & Co. Employees Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare J.M. Forbes & Co. Employees Profit Sharing Plan side-by-side with 3 peers →

J.M. Forbes & Co. Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Steelville Manufacturing Co 401(k)Plan in MO ($12M); by covered participants it is Williams, Robinson Et Al 401(k) Plan & Trust in MO (19 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (19 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 J.M. Forbes & Co. Employees Profit Sharing Plan assets move in 2023? ▼
J.M. Forbes & Co. Employees Profit Sharing Plan grew sharply - up 23.9% during 2023, from $10M to $12M. Reported net income was $2M.
How have J.M. Forbes & Co. LLP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), J.M. Forbes & Co. LLP's sponsor-wide assets grew 35.3%, from $10M to $13M.
Which 401(k) plans are similar in size to J.M. Forbes & Co. Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Steelville Manufacturing Co 401(k)Plan in MO ($12M, 151 participants).
Which 401(k) plans cover a similar participant headcount to J.M. Forbes & Co. Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Williams, Robinson Et Al 401(k) Plan & Trust in MO (19 participants, $3M 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 041335260.

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.