401(k) · DOL Form 5500 · 2023

Formidable Labs 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
88
Participants Small participant base
54th
Percentile by assets National rank
$93,847
Avg per participant Below avg balance/head
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Official DOL plan name: Formidable Labs Retirement Trust · Sponsored by Formidable Labs · Washington · Professional & Technical Services

$8M in assets, 88 participants

Formidable Labs's Formidable Labs Retirement Trust reported $8M in total assets and 88 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #10,755 in Professional & Technical Services (20,321 peers)

Formidable Labs multi-year trail

Formidable Labs's plans moved +38.1% in assets from 2022 to 2024; this filing shows Formidable Labs Retirement Trust at $8M / 88 participants.

#10,755
in Professional & Technical Services (20,321 peers)
+20.6%
assets growth YoY

Formidable Labs Retirement Trust's mid-pack asset rank among Professional & Technical Services and all filers

Formidable Labs Retirement Trust vs every filed plan by assets

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

$8,258,501 Top 46% higher than 54% 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

Formidable Labs Retirement Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Formidable Labs Retirement Trust is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Formidable Labs Retirement Trust reported net income rose from $110K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Formidable Labs Retirement Trust end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Formidable Labs Retirement Trust reported participants fell from 91 in the plan year 2022 filing to 88 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 463623311 · Formidable Labs PY 2023 · 401(k)

Formidable Labs Retirement Trust · $8M · 88 · 54th

  • RANK $8M
  • RANK 88
  • RANK 54th
  • RANK 401(k)
  • RANK near Madison Industrial Solutions 401(k) Plan
  • RANK ind #10755

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 Professional & Technical Services retirement plans → · Plans in Washington →

Formidable Labs Retirement Trust in the asset neighbourhood

Formidable Labs Retirement TrustFormidable Labs Retirement T…$8MMadison Industrial Solutions 401(k) PlanMadison Industrial Solutions…$8MGeosearch, Inc. 401(k) Plan$8MPrattville Machine & Tool Co. 401(k) PlanPrattville Machine & Tool Co…$8MSouth Metropolitan Anesthesia, P.a.South Metropolitan Anesthesi…$8M
End-of-year total assets ($M) among Formidable Labs Retirement Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Formidable Labs multi-year asset trail

Sponsor-wide plan assets over time

All Formidable Labs plans reported in each filing year

Latest sponsor-wide plan assets
$9M 38.11010004342604% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.85M $9.46M ▲ +38.1%
Year Plans Participants Total Assets
2022 1 91 $7M
2023 1 88 $8M
2024 1 57 $9M

Formidable Labs filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN463623311
Plan Effective Date2014-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Washington

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

Formidable Labs Retirement Trust vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Formidable Labs Retirement Trust, Total assets ($B): 0.008258501 · Participants: 88Formidable Labs Retirement TrustThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Formidable Labs Retirement Trust vs. nearby 401(k) plans in Washington, assets vs. participants

Formidable Labs Retirement Trust's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Madison Industrial Solutions 401(k) Plan in IL ($8M); by covered participants it is Martines Palmeiro Construction 401(k) Plan in CO (88 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (88 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 Formidable Labs Retirement Trust assets move in 2023?
Formidable Labs Retirement Trust grew sharply - up 20.6% during 2023, from $7M to $8M. Reported net income was $1M.
How have Formidable Labs plan assets changed over time?
Across 3 plan years on file (2022-2024), Formidable Labs's sponsor-wide assets grew 38.1%, from $7M to $9M.
Which 401(k) plans are similar in size to Formidable Labs Retirement Trust?
Among 401(k) plans in other states, the closest by assets is Madison Industrial Solutions 401(k) Plan in IL ($8M, 257 participants).
Which 401(k) plans cover a similar participant headcount to Formidable Labs Retirement Trust?
Among 401(k) plans in other states, the closest by covered participants is Martines Palmeiro Construction 401(k) Plan in CO (88 participants, N/A in assets).