401(k) · DOL Form 5500 · 2023

L.B. Foster Company 401(k) Plan

Data updated 2026-08-11

$83M
Total assets: 804
Participants: 90th
Percentile by assets: $103,724
Avg per participant

Official DOL plan name: L.B. Foster Company 401(k) and Profit Sharing Plan · Sponsored by L.B. Foster Company · Pennsylvania · Wholesale Trade

$83M in assets, 804 participants

L.B. Foster Company's L.B. Foster Company 401(k) and Profit Sharing Plan reported $83M in total assets and 804 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 127,072 plans)
#5,776 in Wholesale Trade (6,309 peers)

Where L.B. Foster Company 401(k) and Profit Sharing Plan sits by assets

L.B. Foster Company 401(k) and Profit Sharing Plan sits in the top 10% of all filed plans by assets, $83M for 804 participants (~$103,724/participant), up 18.2% in 2023.

$83M
total plan assets (2023 EOY): 804
covered participants: 90th
percentile by assets (of 127,072 plans): $103,724
avg assets per participant

Where L.B. Foster Company 401(k) and Profit Sharing Plan sits by total assets

L.B. Foster Company 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$83,394,136 Top 10% higher than 90% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

L.B. Foster Company 401(k) and Profit Sharing Plan reported net income rose from -$23M in the plan year 2022 filing to $13M in the plan year 2023 filing.
L.B. Foster Company 401(k) and Profit Sharing Plan reported participants rose from 660 in the plan year 2022 filing to 804 in the plan year 2023 filing.
L.B. Foster Company 401(k) and Profit Sharing Plan end-of-year assets rose from $71M in the plan year 2022 filing to $83M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Wholesale Trade

L.B. Foster Company 401(k) and Profit Sharing Plan vs the 2023 asset distribution

By assets, L.B. Foster Company 401(k) and Profit Sharing Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$71M
Net Assets (End of Year)	$83M
Net Income	$13M
Employer EIN	251324733
Plan Effective Date	1972-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (L.B. Foster Company)

Total plan assets by year, all L.B. Foster Company plans on file

Year	Plans	Participants	Total Assets
2022	3	740	$76M
2023	3	868	$89M
2024	3	839	$94M

Nearby 401(k) Plans in Pennsylvania

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

L.B. Foster Company 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
Cigna 401(k) Plan $13.0B · 66,760
The Vanguard Retirement and Savings Plan $9.8B · 18,200
The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184

Compare L.B. Foster Company 401(k) and Profit Sh… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to L.B. Foster Company 401(k) and Profit Sharing Plan by total assets, not by location.

Strongwell Corporation 401(k) Profit-Sharing Plan and Trust (VA) $83M · 332
Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan (MN) $83M · 1,070
Packard Medical Group 401(k) Profit Sharing Plan (CA) $83M · 163
Bonterra 401(k) Plan (TX) $83M · 1,340

Frequently Asked Questions

How did L.B. Foster Company 401(k) and Profit Sharing Plan assets move in 2023? ▼

L.B. Foster Company 401(k) and Profit Sharing Plan grew sharply - up 18.2% during 2023, from $71M to $83M. Reported net income was $13M.

How have L.B. Foster Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), L.B. Foster Company's sponsor-wide assets grew 22.7%, from $76M to $94M.

Where does L.B. Foster Company 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼

L.B. Foster Company 401(k) and Profit Sharing Plan ranks in the 90th 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 L.B. Foster Company 401(k) and Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Strongwell Corporation 401(k) Profit-Sharing Plan and Trust in VA ($83M, 332 participants).

Next read for L.B. Foster Company 401(k) and Profit Sh…

Scale reading

Ways to act on L.B. Foster Company 401(k) and Profit Sharing Plan's numbers.

By total assets, L.B. Foster Company 401(k) and Profit Sharing 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 Pennsylvania. Compare plans
L.B. Foster Company's sponsor-wide assets have grown 22.7% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 251324733.