Other · DOL Form 5500 · 2023

Fraunhofer USA Retirement Plan

Data updated 2026-08-11

$17M
Total assets
69
Participants
70th
Percentile by assets
$252,687
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Fraunhofer USA 403(b) Plan · Sponsored by Fraunhofer USA · Michigan · Other Services

$17M in assets, 69 participants

Fraunhofer USA's Fraunhofer USA 403(b) Plan reported $17M in total assets and 69 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 127,072 plans)
  • #6,564 in Other Services (7,857 peers)

Fraunhofer USA multi-year trail

Fraunhofer USA's plans moved +32.2% in assets from 2022 to 2024; this filing shows Fraunhofer USA 403(b) Plan at $17M / 69 participants.

$17M
total plan assets (2023 EOY)
69
covered participants
70th
percentile by assets (of 127,072 plans)
$252,687
avg assets per participant

Where Fraunhofer USA 403(b) Plan sits by total assets

Fraunhofer USA 403(b) Plan vs every filed plan by assets

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

$17,435,387 Top 30% higher than 70% 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

  • Fraunhofer USA 403(b) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Fraunhofer USA 403(b) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Fraunhofer USA 403(b) Plan reported participants fell from 74 in the plan year 2022 filing to 69 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Fraunhofer USA across 3 plan years on file

Across the 3 plan years Fraunhofer USA has on file (2022-2024), sponsor-wide plan assets have moved from $47M to $62M, a gain of 32.2%, while reported participants moved from 193 to 178 (-7.8%). Peak year by sponsor assets: 2024 ($62M); trough: 2022 ($47M).

Fraunhofer USA multi-year asset trail

$45M$50M$55M$60M$65M 202220232024 $47.2M $62.4M ▲ +32.2%
Total plan assets by year, all Fraunhofer USA plans on file
Year Plans Participants Total Assets
2022 2 193 $47M
2023 2 197 $56M
2024 2 178 $62M

Fraunhofer USA filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN383203030
Plan Effective Date1999-03-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Michigan

Peer Other plans, same state, same plan type, ranked by total assets.

Fraunhofer USA 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Fraunhofer USA 403(b…, Total assets ($B): 0.017435387 · Participants: 69Fraunhofer USA 403(b…Fca US LLC Salaried …, Total assets ($B): 4.820440935 · Participants: 16630Fca US LLC Salaried …Fca US LLC UAW Savin…, Total assets ($B): 4.690971139 · Participants: 49473Fca US LLC UAW Savin…Beaumont Health 403(…, Total assets ($B): 2.628827189 · Participants: 33717Beaumont Health 403(…Henry Ford Health Sy…, Total assets ($B): 1.284257295 · Participants: 15298Henry Ford Health Sy…Bronson Healthcare G…, Total assets ($B): 1.034484808 · Participants: 8357Bronson Healthcare G…
Fraunhofer USA 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Fraunhofer USA 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Fraunhofer USA 403(b) Plan assets move in 2023?
Fraunhofer USA 403(b) Plan grew sharply - up 15.7% during 2023, from $15M to $17M. Reported net income was $2M.
How have Fraunhofer USA plan assets changed over time?
Across 3 plan years on file (2022-2024), Fraunhofer USA's sponsor-wide assets grew 32.2%, from $47M to $62M.
Which Other plans are similar in size to Fraunhofer USA 403(b) Plan?
Among Other plans in other states, the closest by assets is Employee Benefit Plan of Summit Plastics, Inc. in MS ($17M, 203 participants).

Multi-year trail

Ways to act on Fraunhofer USA 403(b) Plan's numbers.