401(k) · DOL Form 5500 · 2023

Freese and Nichols, Inc. 401(k) Plan

Data updated 2026-08-11

$241M
Total assets: 1,036
Participants: 95th
Percentile by assets: $232,794
Avg per participant

Official DOL plan name: The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. · Sponsored by Freese and Nichols, Inc. · Texas · Professional & Technical Services

$241M in assets, 1,036 participants

Freese and Nichols, Inc.'s The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. reported $241M in total assets and 1,036 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#19,626 in Professional & Technical Services (20,321 peers)

Where The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. sits by assets

The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. sits in the top 5% of all filed plans by assets, $241M for 1,036 participants (~$232,794/participant), up 23.5% in 2023.

$241M
total plan assets (2023 EOY): 1,036
covered participants: 95th
percentile by assets (of 127,072 plans): $232,794
avg assets per participant

Where The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. sits by total assets

The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. vs every filed plan by assets

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

$241,174,710 Top 5% higher than 95% 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

The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. reported net income rose from -$44M in the plan year 2022 filing to $46M in the plan year 2023 filing.
The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. end-of-year assets rose from $195M in the plan year 2022 filing to $241M in the plan year 2023 filing.
The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. reported participants rose from 969 in the plan year 2022 filing to 1,036 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Texas

Industry

Professional & Technical Services

The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. vs the 2023 asset distribution

By assets, The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$195M
Net Assets (End of Year)	$241M
Net Income	$46M
Employer EIN	751531935
Plan Effective Date	1972-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Freese and Nichols, Inc.)

Total plan assets by year, all Freese and Nichols, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	969	$195M
2023	1	1,036	$241M
2024	1	1,139	$275M

Nearby 401(k) Plans in Texas

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

The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. 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

Compare The Retirement Plan and Trust for the Em… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. by total assets, not by location.

Vonage 401(k) Retirement Plan (NJ) $241M · 1,130
Cambridge Information Group, Inc. 401(k) Retirement Plan (MD) $241M · 297
Griffith Supplemental Retirement & Savings Plan (IL) $241M · 798
Barr Engineering Co. Retirement Savings Plan (MN) $241M · 941

Frequently Asked Questions

How did The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. assets move in 2023? ▼

The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. grew sharply - up 23.5% during 2023, from $195M to $241M. Reported net income was $46M.

How have Freese and Nichols, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Freese and Nichols, Inc.'s sponsor-wide assets grew 40.6%, from $195M to $275M.

Where does The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. rank by assets among Form 5500 filers? ▼

The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc.? ▼

Among 401(k) plans in other states, the closest by assets is Vonage 401(k) Retirement Plan in NJ ($241M, 1,130 participants).

Next read for The Retirement Plan and Trust for the Em…

Scale reading

Ways to act on The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc.'s numbers.

By total assets, The Retirement Plan and Trust for the Employees of Freese and Nichols, Inc. ranks in the top 5% 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
Freese and Nichols, Inc.'s sponsor-wide assets have grown 40.6% since 2022 across 3 plan years on file. More Professional & Technical Services 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 751531935.