Profit Sharing · DOL Form 5500 · 2023

Foundant Technologies Profit Sharing Plan

Data updated 2026-08-11

$9M
Total assets
195
Participants
57th
Percentile by assets
$47,291
Avg per participant
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Official DOL plan name: Foundant Technologies 401(k) Plan · Sponsored by Foundant Technologies · Montana · Professional & Technical Services

$9M in assets, 195 participants

Foundant Technologies's Foundant Technologies 401(k) Plan reported $9M in total assets and 195 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • 57th percentile by assets (of 127,072 plans)
  • #11,238 in Professional & Technical Services (20,321 peers)

Foundant Technologies multi-year trail

Foundant Technologies's plans moved +64.5% in assets from 2022 to 2024; this filing shows Foundant Technologies 401(k) Plan at $9M / 195 participants.

$9M
total plan assets (2023 EOY)
195
covered participants
57th
percentile by assets (of 127,072 plans)
$47,291
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Foundant Technologies 401(k) Plan reported net income rose from $594K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Foundant Technologies 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Foundant Technologies 401(k) Plan reported participants fell from 198 in the plan year 2022 filing to 195 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Foundant Technologies across 3 plan years on file

Across the 3 plan years Foundant Technologies has on file (2022-2024), sponsor-wide plan assets have moved from $6M to $10M, a gain of 64.5%, while reported participants moved from 198 to 183 (-7.6%). Peak year by sponsor assets: 2024 ($10M); trough: 2022 ($6M).

Foundant Technologies multi-year asset trail

$4M$6M$8M$10M$12M 202220232024 $6.28M $10.3M â–˛ +64.6%
Total plan assets by year, all Foundant Technologies plans on file
Year Plans Participants Total Assets
2022 1 198 $6M
2023 1 195 $9M
2024 1 183 $10M

Foundant Technologies filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$9M
Net Income$3M
Employer EIN208081996
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Montana

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

Foundant Technologies 401(k) Plan vs. nearby Profit Sharing plans in Montana, assets vs. participants

Foundant Technologies 401(k) Plan vs. nearby Profit Sharing plans in Montana, assets vs. participants Scatter plot of 6 data points. 0100200300 8101214161820 Total assets ($M) Participants Foundant Technologie…Barrett Hospital Dev…Okeefe Drilling Comp…Langlas & Associates…Cabinet Peaks Medica…Blue Rock Products C…
Foundant Technologies 401(k) Plan vs. nearby Profit Sharing plans in Montana, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Foundant Technologies 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Foundant Technologies 401(k) Plan assets move in 2023?
Foundant Technologies 401(k) Plan surged - up 46.7% during 2023, from $6M to $9M. Reported net income was $3M.
How have Foundant Technologies plan assets changed over time?
Across 3 plan years on file (2022-2024), Foundant Technologies's sponsor-wide assets grew 64.5%, from $6M to $10M.
Which Profit Sharing plans are similar in size to Foundant Technologies 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Spalding-Emig Company Profit Sharing Plan in OH ($9M, 10 participants).

Multi-year trail

Ways to act on Foundant Technologies 401(k) Plan's numbers.