401(k) · DOL Form 5500 · 2023

Fomas, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
105
Participants Small participant base
55th
Percentile by assets National rank
$81,494
Avg per participant Below avg balance/head
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Official DOL plan name: Fomas, Inc. 401(k) Plan · Sponsored by Fomas, Inc. · South Carolina · Manufacturing

$9M in assets, 105 participants

Fomas, Inc.'s Fomas, Inc. 401(k) Plan reported $9M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,620 in Manufacturing (18,722 peers)

Coverage in South Carolina

Fomas, Inc. 401(k) Plan covers 105 participants in South Carolina, about 28% of the average South Carolina filer (state average ~369 per filing). Assets: $9M.

#7,620
in Manufacturing (18,722 peers)
+12.6%
assets growth YoY

Fomas, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Fomas, Inc. 401(k) Plan vs every filed plan by assets

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

$8,556,891 Top 45% higher than 55% 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

Fomas, Inc. 401(k) Plan 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. Fomas, Inc. 401(k) Plan sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fomas, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $956K in the plan year 2023 filing.
  • Fomas, Inc. 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Fomas, Inc. 401(k) Plan reported participants fell from 109 in the plan year 2022 filing to 105 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 270986620 · Fomas, Inc. PY 2023 · 401(k)

Fomas, Inc. 401(k) Plan · $9M · 105 · 55th

  • NET $9M
  • NET 105
  • NET 55th
  • NET 401(k)
  • NET near Tsg Consumer Partners LP 401(k) Plan
  • NET ind #7620

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 Manufacturing retirement plans → · Plans in South Carolina →

Fomas, Inc. 401(k) Plan in the asset neighbourhood

Fomas, Inc. 401(k) Plan$9MTsg Consumer Partners LP 401(k) PlanTsg Consumer Partners LP 401…$9MThe Spectrotel Holding Co. LLC 401(k) PlanThe Spectrotel Holding Co. L…$9MBeyond Gravity USA, Inc. 401(k) Profit Sharing PlanBeyond Gravity USA, Inc. 401…$9MPark Avenue Motor Cars 401(k) PlanPark Avenue Motor Cars 401(k…$9M
End-of-year total assets ($M) among Fomas, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$956K
Employer EIN270986620
Plan Effective Date1984-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fomas, Inc.)

Sponsor-wide plan assets over time

All Fomas, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 8.332484745817121% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M 202220232024 $7.6M $8.23M ▲ +8.3%
Year Plans Participants Total Assets
2022 1 109 $8M
2023 1 105 $9M
2024 1 108 $8M

Nearby 401(k) Plans in South Carolina

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

Fomas, Inc. 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Fomas, Inc. 401(k) Plan, Total assets ($B): 0.008556891 · Participants: 105Fomas, Inc. 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Fomas, Inc. 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Fomas, Inc. 401(k) Plan side-by-side with 3 peers →

Fomas, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Tsg Consumer Partners LP 401(k) Plan in CA ($9M); by covered participants it is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Fomas, Inc. 401(k) Plan assets move in 2023? ▼
Fomas, Inc. 401(k) Plan grew at a solid clip - up 12.6% during 2023, from $8M to $9M. Reported net income was $956K.
How have Fomas, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fomas, Inc.'s sponsor-wide assets grew 8.3%, from $8M to $8M.
Which 401(k) plans are similar in size to Fomas, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tsg Consumer Partners LP 401(k) Plan in CA ($9M, 63 participants).
Which 401(k) plans cover a similar participant headcount to Fomas, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants, $6M 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 270986620.

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.