401(k) · DOL Form 5500 · 2023

Foundever Operating Corporation 401(k) Plan

Data updated 2026-08-11

$104M
Total assets
15,860
Participants
92nd
Percentile by assets
$6,556
Avg per participant
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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.

  • 92nd percentile by assets (of 127,072 plans)
  • #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.

$104M
total plan assets (2023 EOY)
15,860
covered participants
92nd
percentile by assets (of 127,072 plans)
$6,556
avg assets per participant

Where Foundever Operating Corporation 401(k) Plan sits 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 $2,010,000,000 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

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 →

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Foundever Operating Corporation 401(k) Plan reports 15,860 participants - 14x that state average ($104M EOY assets).

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)

$0M$50M$100M$150M 202220232024 $35.2M $106M ▲ +200.5%
Total plan assets by year, all Foundever Operating Corporation plans on file
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

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 …Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
Foundever Operating Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Foundever Operating Corporation 401(k) Plan by total assets, not by location.

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).

Next read for Foundever Operating Corporation 401(k) P…

Filing takeaways

Ways to act on Foundever Operating Corporation 401(k) Plan's numbers.