401(k) · DOL Form 5500 · 2023

Forward Financing LLC 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
251
Participants Below avg headcount
64th
Percentile by assets National rank
$51,049
Avg per participant Low balance/head
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Official DOL plan name: Forward Financing LLC Retirement Plan · Sponsored by Forward Financing LLC · Massachusetts · Finance & Insurance

$13M in assets, 251 participants

Forward Financing LLC's Forward Financing LLC Retirement Plan reported $13M in total assets and 251 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #4,339 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

Forward Financing LLC Retirement Plan covers 251 participants in Massachusetts, about 38% of the average Massachusetts filer (state average ~659 per filing). Assets: $13M.

#4,339
in Finance & Insurance (8,869 peers)
+54.8%
assets growth YoY

Forward Financing LLC Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Forward Financing LLC Retirement Plan vs every filed plan by assets

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

$12,813,356 Top 36% higher than 64% 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

Forward Financing LLC Retirement 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. Forward Financing LLC Retirement Plan sits mid-pack in the medium band (251 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Forward Financing LLC Retirement Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Forward Financing LLC Retirement Plan reported participants rose from 160 in the plan year 2022 filing to 251 in the plan year 2023 filing.
  • Forward Financing LLC Retirement Plan end-of-year assets rose from $8M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 461472077 · Forward Financing LLC PY 2023 · 401(k)

Forward Financing LLC Retirement Plan · $13M · 251 · 64th

  • 5500 $13M
  • ASSETS 251
  • PCT 64th
  • EIN 401(k)
  • RANK near John Marshall Bank 401(k) Plan
  • PHOTO ind #4339

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

Forward Financing LLC Retirement Plan in the asset neighbourhood

Forward Financing LLC Retirement PlanForward Financing LLC Retire…$13MJohn Marshall Bank 401(k) PlanJohn Marshall Bank 401(k) Pl…$13MHarada 401(k) Plan$13MSpirit Bankcorp, Inc. 401(k) Plan and TrustSpirit Bankcorp, Inc. 401(k)…$13MDuplantis Design Group, P.C. 401(k) PlanDuplantis Design Group, P.C.…$13M
End-of-year total assets ($M) among Forward Financing LLC Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$13M
Net Income$5M
Employer EIN461472077
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Forward Financing LLC)

Sponsor-wide plan assets over time

All Forward Financing LLC plans reported in each filing year

Latest sponsor-wide plan assets
$18M 120.65371798144922% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $8.28M $18.3M ▲ +120.5%
Year Plans Participants Total Assets
2022 1 160 $8M
2023 1 251 $13M
2024 1 199 $18M

Nearby 401(k) Plans in Massachusetts

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

Forward Financing LLC Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Forward Financing LLC Retirement Plan, Total assets ($B): 0.012813356 · Participants: 251Forward Financing LLC Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Forward Financing LLC Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Forward Financing LLC Retirement Plan side-by-side with 3 peers →

Forward Financing LLC Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is John Marshall Bank 401(k) Plan in VA ($13M); by covered participants it is Drata Inc. 401(k) Plan in CA (251 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (251 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 Forward Financing LLC Retirement Plan assets move in 2023? ▼
Forward Financing LLC Retirement Plan surged - up 54.8% during 2023, from $8M to $13M. Reported net income was $5M.
How have Forward Financing LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Forward Financing LLC's sponsor-wide assets grew 120.7%, from $8M to $18M.
Which 401(k) plans are similar in size to Forward Financing LLC Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is John Marshall Bank 401(k) Plan in VA ($13M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Forward Financing LLC Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Drata Inc. 401(k) Plan in CA (251 participants, $8M 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 461472077.

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.