401(k) · DOL Form 5500 · 2023

Finance of America Equity Capital LLC 401(k) Plan

Data updated 2026-08-25

$167M
Total assets Near avg plan size
2,136
Participants Near avg headcount
94th
Percentile by assets National rank
$78,328
Avg per participant Below avg balance/head
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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.

  • #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.

#8,031
in Finance & Insurance (8,869 peers)
-20.0%
assets change YoY
1.7×
vs typical plan assets (national mean)

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.

Finance of America Companies 401(k) Plan's outsized position by total assets

Finance of America Companies 401(k) Plan vs every filed plan by assets

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

$167,308,088 Top 6% higher than 94% 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

Finance of America Companies 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Finance of America Companies 401(k) Plan lands in the large band (2,136 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 800948242 · Finance of America Equity Capital LLC PY 2023 · 401(k)

Finance of America Companies 401(k) Plan · $167M · 2,136 · 94th

  • BOY $167M
  • SCH 2,136
  • EBSA 94th
  • PART 401(k)
  • TYPE near Edf Renewables 401(k) Plan
  • NET ind #8031

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 Texas →

Finance of America Companies 401(k) Plan in the asset neighbourhood

Sutter Health 401(k) Savings PlanSutter Health 401(k) Savings…$167MEdf Renewables 401(k) Plan$167MFinance of America Companies 401(k) PlanFinance of America Companies…$167MFlagler System, Inc. Employees' Savings PlanFlagler System, Inc. Employe…$167MPerkinelmer US, LLC Savings PlanPerkinelmer US, LLC Savings …$167M
End-of-year total assets ($M) among Finance of America Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$209M
Net Assets (End of Year)$167M
Net Income-$42M
Employer EIN800948242
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Finance of America Equity Capital LLC)

Sponsor-wide plan assets over time

All Finance of America Equity Capital LLC plans reported in each filing year

Latest sponsor-wide plan assets
$152M 27.2369586227479% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $209M $152M ▼ -27.2%
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 Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Finance of America Companies 401(k) Plan, Total assets ($B): 0.167308088 · Participants: 2136Finance of America Companies 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Finance of America Companies 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Finance of America Companies 401(k) Plan side-by-side with 3 peers →

Finance of America Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Edf Renewables 401(k) Plan in CA ($167M); by covered participants it is Citizens Memorial Health Care System Profit Sharing Plan in MO (2,136 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($167M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,136 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 Finance of America Companies 401(k) Plan assets move in 2023? ▼
Finance of America Companies 401(k) Plan declined sharply - down 20.0% during 2023, from $209M to $167M. Reported net income was -$42M.
How have Finance of America Equity Capital LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Finance of America Equity Capital LLC's sponsor-wide assets declined 27.2%, from $209M to $152M.
Where does Finance of America Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Finance of America Companies 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Finance of America Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Edf Renewables 401(k) Plan in CA ($167M, 1,328 participants).
Which 401(k) plans cover a similar participant headcount to Finance of America Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Citizens Memorial Health Care System Profit Sharing Plan in MO (2,136 participants, $41M 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 800948242.

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.