401(k) · DOL Form 5500 · 2023

Fortis Construction Inc. 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
304
Participants Below avg headcount
84th
Percentile by assets National rank
$146,160
Avg per participant Above avg balance/head
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Official DOL plan name: Fortis Construction, Inc. Employees Savings Trust · Sponsored by Fortis Construction Inc. · Oregon · Construction

$44M in assets, 304 participants

Fortis Construction Inc.'s Fortis Construction, Inc. Employees Savings Trust reported $44M in total assets and 304 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,423 in Construction (9,030 peers)

Where Fortis Construction, Inc. Employees Savings Trust sits by assets

Fortis Construction, Inc. Employees Savings Trust sits in the top quartile of all filed plans by assets, $44M for 304 participants (~$146,160/participant), up 20.2% in 2023.

#7,423
in Construction (9,030 peers)
+20.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Fortis Construction, Inc. Employees Savings Trust's outsized position by total assets

Fortis Construction, Inc. Employees Savings Trust vs every filed plan by assets

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

$44,432,760 Top 16% higher than 84% 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

Fortis Construction, Inc. Employees Savings Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fortis Construction, Inc. Employees Savings Trust sits mid-pack in the medium band (304 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fortis Construction, Inc. Employees Savings Trust reported net income rose from -$4M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Fortis Construction, Inc. Employees Savings Trust end-of-year assets rose from $37M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Fortis Construction, Inc. Employees Savings Trust reported participants rose from 299 in the plan year 2022 filing to 304 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 412096320 · Fortis Construction Inc. PY 2023 · 401(k)

Fortis Construction, Inc. Employees Savings Trust · $44M · 304 · 84th

  • SCH $44M
  • EBSA 304
  • PART 84th
  • TYPE 401(k)
  • NET near Crown Battery Manufacturing Company 401(k) Profit Sharing Plan
  • BOOK ind #7423

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 Construction retirement plans → · Plans in Oregon →

Fortis Construction, Inc. Employees Savings Trust in the asset neighbourhood

Fortis Construction, Inc. Employees Savings TrustFortis Construction, Inc. Em…$44MCrown Battery Manufacturing Company 401(k) Profit Sharing PlanCrown Battery Manufacturing …$44M2seventy Bio, Inc. 401(k) Plan2seventy Bio, Inc. 401(k) Pl…$44MTeksynap Corporation 401(k) PlanTeksynap Corporation 401(k) …$44MUma Education, Inc. 401(k) Retirement PlanUma Education, Inc. 401(k) R…$44M
End-of-year total assets ($M) among Fortis Construction, Inc. Employees Savings Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$44M
Net Income$7M
Employer EIN412096320
Plan Effective Date2003-05-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortis Construction Inc.)

Sponsor-wide plan assets over time

All Fortis Construction Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 38.30809386991058% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37M $51.1M ▲ +38.3%
Year Plans Participants Total Assets
2022 1 299 $37M
2023 1 304 $44M
2024 1 328 $51M

Nearby 401(k) Plans in Oregon

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

Fortis Construction, Inc. Employees Savings Trust vs. nearby 401(k) plans in Oregon, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -202468 Total assets ($B) Participants Fortis Construction, Inc. Employees Savings Trust, Total assets ($B): 0.04443276 · Participants: 304Fortis Construction, Inc. Employees Savings Trust401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc., Total assets ($B): 5.902107007 · Participants: 40345401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc.Daimler Truck North America, L.L.C. Employee Retirement Savings Plan, Total assets ($B): 2.354402812 · Participants: 8353Daimler Truck North America, L.L.C. Employee Retirement Savings PlanPrecision Castparts Corp. 401(k) Retirement Savings Plan, Total assets ($B): 2.192492885 · Participants: 16687Precision Castparts Corp. 401(k) Retirement Savings PlanXpo Logistics Retirement Savings Plan, Total assets ($B): 1.809963509 · Participants: 6189Xpo Logistics Retirement Savings PlanPacificorp K Plus Employee Savings Plan, Total assets ($B): 1.59531627 · Participants: 4968Pacificorp K Plus Employee Savings Plan
Fortis Construction, Inc. Employees Savings Trust vs. nearby 401(k) plans in Oregon, assets vs. participants
Compare Fortis Construction, Inc. Employees Savings Trust side-by-side with 3 peers →

Fortis Construction, Inc. Employees Savings Trust's out-of-state 401(k) peers by assets and headcount

Outside Oregon, the nearest 401(k) by assets is Crown Battery Manufacturing Company 401(k) Profit Sharing Plan in OH ($44M); by covered participants it is Kemba Financial Credit Union, Inc. 401(k) Profit Sharing Plan in OH (304 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (304 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 Fortis Construction, Inc. Employees Savings Trust assets move in 2023? ▼
Fortis Construction, Inc. Employees Savings Trust grew sharply - up 20.2% during 2023, from $37M to $44M. Reported net income was $7M.
How have Fortis Construction Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fortis Construction Inc.'s sponsor-wide assets grew 38.3%, from $37M to $51M.
Where does Fortis Construction, Inc. Employees Savings Trust rank by assets among Form 5500 filers? ▼
Fortis Construction, Inc. Employees Savings Trust ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Fortis Construction, Inc. Employees Savings Trust? ▼
Among 401(k) plans in other states, the closest by assets is Crown Battery Manufacturing Company 401(k) Profit Sharing Plan in OH ($44M, 528 participants).
Which 401(k) plans cover a similar participant headcount to Fortis Construction, Inc. Employees Savings Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Kemba Financial Credit Union, Inc. 401(k) Profit Sharing Plan in OH (304 participants, $27M 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 412096320.

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.