401(k) · DOL Form 5500 · 2023

Ferronix, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
34
Participants Small participant base
30th
Percentile by assets National rank
$55,198
Avg per participant Low balance/head
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Official DOL plan name: Ferronix, Inc. · Sponsored by Ferronix, Inc. · Indiana · Professional & Technical Services

$2M in assets, 34 participants

Ferronix, Inc.'s Ferronix, Inc. reported $2M in total assets and 34 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #5,183 in Professional & Technical Services (20,321 peers)

Ferronix, Inc. multi-year trail

Ferronix, Inc.'s plans moved +75.2% in assets from 2022 to 2024; this filing shows Ferronix, Inc. at $2M / 34 participants.

#5,183
in Professional & Technical Services (20,321 peers)
+39.7%
assets growth YoY

Ferronix, Inc. among the smaller filed plans by assets

Ferronix, Inc. vs every filed plan by assets

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

$1,876,727 30th percentile higher than 30% 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

Ferronix, Inc. among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ferronix, Inc. is a small filing (34 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ferronix, Inc. reported net income rose from -$43K in the plan year 2022 filing to $533K in the plan year 2023 filing.
  • Ferronix, Inc. end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Ferronix, Inc. reported participants rose from 33 in the plan year 2022 filing to 34 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 352140443 · Ferronix, Inc. PY 2023 · 401(k)

Ferronix, Inc. · $2M · 34 · 30th

  • 5500 $2M
  • ASSETS 34
  • PCT 30th
  • EIN 401(k)
  • RANK near Freedom Abstract 401(k) Plan
  • PHOTO ind #5183

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 Professional & Technical Services retirement plans → · Plans in Indiana →

Ferronix, Inc. in the asset neighbourhood

Ferronix, Inc.$2MFreedom Abstract 401(k) Plan$2MClass Investment Group, Inc. Profit Sharing PlanClass Investment Group, Inc.…$2MCal-Nevada Towing & Transport, Inc. 401(k) PlanCal-Nevada Towing & Transpor…$2MUbiquity Global Services, Inc. 401(k) PlanUbiquity Global Services, In…$2M
End-of-year total assets ($M) among Ferronix, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ferronix, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ferronix, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 75.15355165670532% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.34M $2.35M ▲ +75.4%
Year Plans Participants Total Assets
2022 1 33 $1M
2023 1 34 $2M
2024 1 41 $2M

Ferronix, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$533K
Employer EIN352140443
Plan Effective Date2014-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Ferronix, Inc. vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Ferronix, Inc., Total assets ($B): 0.001876727 · Participants: 34Ferronix, Inc.The Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Ferronix, Inc. vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Ferronix, Inc. side-by-side with 3 peers →

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

Outside Indiana, the nearest 401(k) by assets is Freedom Abstract 401(k) Plan in NY ($2M); by covered participants it is Trumbull Campbell Associates, Inc. 401(k) Plan in MA (34 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (34 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 Ferronix, Inc. assets move in 2023? ▼
Ferronix, Inc. surged - up 39.7% during 2023, from $1M to $2M. Reported net income was $533K.
How have Ferronix, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ferronix, Inc.'s sponsor-wide assets grew 75.2%, from $1M to $2M.
Which 401(k) plans are similar in size to Ferronix, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Freedom Abstract 401(k) Plan in NY ($2M, 12 participants).
Which 401(k) plans cover a similar participant headcount to Ferronix, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Trumbull Campbell Associates, Inc. 401(k) Plan in MA (34 participants, N/A 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 352140443.

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.