401(k) · DOL Form 5500 · 2023

Formsoft Group Ltd 401(k) Plan

Data updated 2026-08-25

$420K
Total assets Small plan by assets
2
Participants Small participant base
16th
Percentile by assets National rank
$209,958
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Formsoft Group Ltd. 401(k) Profit Sharing Plan · Sponsored by Formsoft Group Ltd · Ohio · Information & Media

$420K in assets, 2 participants

Formsoft Group Ltd's Formsoft Group Ltd. 401(k) Profit Sharing Plan reported $420K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 16th 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.

  • #235 in Information & Media (2,818 peers)

Formsoft Group Ltd multi-year trail

Formsoft Group Ltd's plans moved -47.9% in assets from 2022 to 2024; this filing shows Formsoft Group Ltd. 401(k) Profit Sharing Plan at $420K / 2 participants.

#235
in Information & Media (2,818 peers)
-56.7%
assets change YoY

The plan reported a net loss of $550K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Formsoft Group Ltd. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Formsoft Group Ltd. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$419,916 16th percentile higher than 16% 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

Formsoft Group Ltd. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Formsoft Group Ltd. 401(k) Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Formsoft Group Ltd. 401(k) Profit Sharing Plan reported net income fell from -$140K in the plan year 2022 filing to -$550K in the plan year 2023 filing.
  • Formsoft Group Ltd. 401(k) Profit Sharing Plan reported participants rose from 1 in the plan year 2022 filing to 2 in the plan year 2023 filing.
  • Formsoft Group Ltd. 401(k) Profit Sharing Plan end-of-year assets fell from $970K in the plan year 2022 filing to $420K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311543091 · Formsoft Group Ltd PY 2023 · 401(k)

Formsoft Group Ltd. 401(k) Profit Sharing Plan · $420K · 2 · 16th

  • EOY $420K
  • 5500 2
  • ASSETS 16th
  • PCT 401(k)
  • EIN near R & D Research, Inc. 401(k) Profit Sharing Plan
  • RANK ind #235

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 Information & Media retirement plans → · Plans in Ohio →

Formsoft Group Ltd. 401(k) Profit Sharing Plan in the asset neighbourhood

Formsoft Group Ltd. 401(k) Profit Sharing PlanFormsoft Group Ltd. 401(k) P…$420KR & D Research, Inc. 401(k) Profit Sharing PlanR & D Research, Inc. 401(k) …$420KBrooklyn Laboratory Charter Schools 403(b) PlanBrooklyn Laboratory Charter …$420KHchtm, Inc. 401(k) Plan$420KBackhomee South Inc Retirement PlanBackhomee South Inc Retireme…$420K
End-of-year total assets ($M) among Formsoft Group Ltd. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Formsoft Group Ltd multi-year asset trail

Sponsor-wide plan assets over time

All Formsoft Group Ltd plans reported in each filing year

Latest sponsor-wide plan assets
$505K 47.92557571934642% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M$1.2M 202220232024 $0.97M $0.51M ▼ -47.4%
Year Plans Participants Total Assets
2022 1 1 $970K
2023 1 2 $420K
2024 1 N/A $505K

Formsoft Group Ltd filing trail (2023)

Total Assets (Beginning of Year)$970K
Net Assets (End of Year)$420K
Net Income-$550K
Employer EIN311543091
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Formsoft Group Ltd. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Formsoft Group Ltd. 401(k) Profit Sharing Plan, Total assets ($B): 0.000419916 · Participants: 2Formsoft Group Ltd. 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Formsoft Group Ltd. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Formsoft Group Ltd. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is R & D Research, Inc. 401(k) Profit Sharing Plan in TN ($420K); by covered participants it is Napa Bound Retirement Plan in FL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($420K here).

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Formsoft Group Ltd. 401(k) Profit Sharing Plan assets move in 2023?
Formsoft Group Ltd. 401(k) Profit Sharing Plan contracted severely - down 56.7% during 2023, from $970K to $420K. Reported net income was -$550K.
How have Formsoft Group Ltd plan assets changed over time?
Across 3 plan years on file (2022-2024), Formsoft Group Ltd's sponsor-wide assets declined 47.9%, from $970K to $505K.
Where does Formsoft Group Ltd. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Formsoft Group Ltd. 401(k) Profit Sharing Plan ranks in the 16th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Formsoft Group Ltd. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is R & D Research, Inc. 401(k) Profit Sharing Plan in TN ($420K, 1 participant).
Which 401(k) plans cover a similar participant headcount to Formsoft Group Ltd. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 participants, N/A in assets).