401(k) · DOL Form 5500 · 2023
Finance of America Equity Capital LLC 401(k) Plan
Data updated 2026-08-11
- $167M
- Total assets
- 2,136
- Participants
- 94th
- Percentile by assets
- $78,328
- Avg per participant
Official DOL plan name: Finance of America Companies 401(k) Plan · Sponsored by Finance of America Equity Capital LLC · Texas · Finance & Insurance
$167M in assets, 2,136 participants
Finance of America Equity Capital LLC's Finance of America Companies 401(k) Plan reported $167M in total assets and 2,136 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 127,072 plans)
- #8,031 in Finance & Insurance (8,869 peers)
Coverage in Texas
Finance of America Companies 401(k) Plan covers 2,136 participants in Texas, 3.1x the typical Texas plan (state average ~688 per filing). Assets: $167M.
- $167M
- total plan assets (2023 EOY)
- 2,136
- covered participants
- 94th
- percentile by assets (of 127,072 plans)
- $78,328
- avg assets per participant
The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Finance of America Companies 401(k) Plan reported participants fell from 5,438 in the plan year 2022 filing to 2,136 in the plan year 2023 filing.
- Finance of America Companies 401(k) Plan reported net income rose from -$69M in the plan year 2022 filing to -$42M in the plan year 2023 filing.
- Finance of America Companies 401(k) Plan end-of-year assets fell from $209M in the plan year 2022 filing to $167M in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Finance of America Companies 401(k) Plan reports 2,136 participants - 3.1x that state average ($167M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $209M |
|---|---|
| Net Assets (End of Year) | $167M |
| Net Income | -$42M |
| Employer EIN | 800948242 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Finance of America Equity Capital LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,438 | $209M |
| 2023 | 1 | 2,136 | $167M |
| 2024 | 1 | 939 | $152M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Finance of America Companies 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Finance of America Companies 401(k) Plan by total assets, not by location.
- Edf Renewables 401(k) Plan (CA) $167M · 1,328
- Sutter Health 401(k) Savings Plan (CA) $167M · 2,853
- Flagler System, Inc. Employees' Savings Plan (FL) $167M · 2,234
- Perkinelmer US, LLC Savings Plan (CT) $167M · 1,409
Frequently Asked Questions
How did Finance of America Companies 401(k) Plan assets move in 2023? ▼
How have Finance of America Equity Capital LLC plan assets changed over time? ▼
Where does Finance of America Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
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Next read for Finance of America Companies 401(k) Plan
Filing takeaways
Ways to act on Finance of America Companies 401(k) Plan's numbers.
- By total assets, Finance of America Companies 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Finance of America Equity Capital LLC's sponsor-wide assets have declined 27.2% since 2022 across 3 plan years on file. More Finance & Insurance plans