401(k) · DOL Form 5500 · 2023

Foundever Operating Corporation 401(k) Plan

Data updated 2026-08-25

$104M
Total assets Near avg plan size
15,860
Participants Very large workforce
92nd
Percentile by assets National rank
$6,556
Avg per participant Low balance/head
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Official DOL plan name: Foundever Operating Corporation 401(k) Plan · Sponsored by Foundever Operating Corporation · Tennessee · Administrative & Support Services

$104M in assets, 15,860 participants

Foundever Operating Corporation's Foundever Operating Corporation 401(k) Plan reported $104M in total assets and 15,860 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #4,193 in Administrative & Support Services (4,372 peers)

Coverage in Tennessee

Foundever Operating Corporation 401(k) Plan covers 15,860 participants in Tennessee, 14x the typical Tennessee plan (state average ~1,126 per filing). Assets: $104M.

#4,193
in Administrative & Support Services (4,372 peers)
+195.7%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Foundever Operating Corporation 401(k) Plan's outsized position by total assets

Foundever Operating Corporation 401(k) Plan vs every filed plan by assets

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

$103,979,117 Top 8% higher than 92% 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

Foundever Operating Corporation 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. Foundever Operating Corporation 401(k) Plan is a mega filing (15,860 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Foundever Operating Corporation 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Foundever Operating Corporation 401(k) Plan end-of-year assets rose from $35M in the plan year 2022 filing to $104M in the plan year 2023 filing.
  • Foundever Operating Corporation 401(k) Plan reported participants rose from 13,442 in the plan year 2022 filing to 15,860 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 161364816 · Foundever Operating Corporation PY 2023 · 401(k)

Foundever Operating Corporation 401(k) Plan · $104M · 15,860 · 92nd

  • IND $104M
  • EOY 15,860
  • 5500 92nd
  • ASSETS 401(k)
  • PCT near Geller & Company LLC 401(k) Plan
  • EIN ind #4193

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 Administrative & Support Services retirement plans → · Plans in Tennessee →

Foundever Operating Corporation 401(k) Plan in the asset neighbourhood

Mechanical Dynamics & Analysis LLC 401(k) PlanMechanical Dynamics & Analys…$104MGeller & Company LLC 401(k) PlanGeller & Company LLC 401(k) …$104MFoundever Operating Corporation 401(k) PlanFoundever Operating Corporat…$104MLive Oak Banking Company 401(k) PlanLive Oak Banking Company 401…$104MXanterra Parks & Resorts, Inc. Employee Savings PlanXanterra Parks & Resorts, In…$104M
End-of-year total assets ($M) among Foundever Operating Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$104M
Net Income$8M
Employer EIN161364816
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Foundever Operating Corporation)

Sponsor-wide plan assets over time

All Foundever Operating Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$106M 200.42499387497034% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $35.2M $106M ▲ +200.5%
Year Plans Participants Total Assets
2022 1 13,442 $35M
2023 1 15,860 $104M
2024 1 12,173 $106M

Nearby 401(k) Plans in Tennessee

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

Foundever Operating Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Foundever Operating Corporation 401(k) Plan, Total assets ($B): 0.103979117 · Participants: 15860Foundever Operating Corporation 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Foundever Operating Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Foundever Operating Corporation 401(k) Plan side-by-side with 3 peers →

Scale composition for Foundever Operating Corporation 401(k) Plan

Foundever Operating Corporation 401(k) Plan reports $104M in end-of-year assets across 15,860 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $6,556 per participant (5% of the national average assets-per-participant) . Net income for plan year 2023 was $8M.

This plan identity (EIN 161364816, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $35M to $106M (+200.4%) while covered participants moved from 13,442 to 12,173 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,442 $35M Open filing
2023 15,860 $104M This page
2024 · index core 12,173 $106M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Foundever Operating Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Geller & Company LLC 401(k) Plan in NY ($104M); by covered participants it is Sheetz, Inc. 401(k) Retirement Plan in PA (15,866 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($104M here).

Similar participant headcount

Nearest other-state filings by covered participants (15,860 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 Foundever Operating Corporation 401(k) Plan assets move in 2023? ▼
Foundever Operating Corporation 401(k) Plan surged - up 195.7% during 2023, from $35M to $104M. Reported net income was $8M.
How have Foundever Operating Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Foundever Operating Corporation's sponsor-wide assets grew 200.4%, from $35M to $106M.
Where does Foundever Operating Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Foundever Operating Corporation 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Foundever Operating Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Geller & Company LLC 401(k) Plan in NY ($104M, 290 participants).
Which 401(k) plans cover a similar participant headcount to Foundever Operating Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sheetz, Inc. 401(k) Retirement Plan in PA (15,866 participants, $670M 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 161364816.

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.