401(k) · DOL Form 5500 · 2023

Factor Law Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
176
Participants Small participant base
46th
Percentile by assets National rank
$31,033
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Factor 401(k) Retirement Plan · Sponsored by Factor Law Inc. · Illinois · Professional & Technical Services

$5M in assets, 176 participants

Factor Law Inc.'s Factor 401(k) Retirement Plan reported $5M in total assets and 176 participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.

  • #8,942 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Factor 401(k) Retirement Plan covers 176 participants in Illinois, about 23% of the average Illinois filer (state average ~779 per filing). Assets: $5M.

#8,942
in Professional & Technical Services (20,321 peers)
+20.1%
assets growth YoY

Factor 401(k) Retirement Plan's mid-pack asset rank among Professional & Technical Services and all filers

Factor 401(k) Retirement Plan vs every filed plan by assets

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

$5,461,743 46th percentile higher than 46% 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

Factor 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Factor 401(k) Retirement Plan sits mid-pack in the medium band (176 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Factor 401(k) Retirement Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Factor 401(k) Retirement Plan reported net income fell from $1M in the plan year 2022 filing to $918K in the plan year 2023 filing.
  • Factor 401(k) Retirement Plan reported participants fell from 188 in the plan year 2022 filing to 176 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 833433229 · Factor Law Inc. PY 2023 · 401(k)

Factor 401(k) Retirement Plan · $5M · 176 · 46th

  • ASSETS $5M
  • ASSETS 176
  • ASSETS 46th
  • ASSETS 401(k)
  • ASSETS near Lepercq, De Neuflize & Co., Inc. 401(k) Plan
  • ASSETS ind #8942

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 Illinois →

Factor 401(k) Retirement Plan in the asset neighbourhood

Factor 401(k) Retirement Plan$5MLepercq, De Neuflize & Co., Inc. 401(k) PlanLepercq, De Neuflize & Co., …$5MRebar Systems, LLC 401(k) PlanRebar Systems, LLC 401(k) Pl…$5MMidland County Council on Aging 401(k) PlanMidland County Council on Ag…$5MPatenaude & Felix, Apc 401(k) Profit Sharing PlanPatenaude & Felix, Apc 401(k…$5M
End-of-year total assets ($M) among Factor 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$918K
Employer EIN833433229
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Factor Law Inc.)

Sponsor-wide plan assets over time

All Factor Law Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 36.60439070189811% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M$6.5M 202220232024 $4.55M $6.21M ▲ +36.5%
Year Plans Participants Total Assets
2022 1 188 $5M
2023 1 176 $5M
2024 1 98 $6M

Nearby 401(k) Plans in Illinois

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

Factor 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Factor 401(k) Retirement Plan, Total assets ($B): 0.005461743 · Participants: 176Factor 401(k) Retirement PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Factor 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Factor 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Lepercq, De Neuflize & Co., Inc. 401(k) Plan in NY ($5M); by covered participants it is Red Nucleus Solutions 401(k) Retirement Plan in PA (176 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (176 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 Factor 401(k) Retirement Plan assets move in 2023?
Factor 401(k) Retirement Plan grew sharply - up 20.1% during 2023, from $5M to $5M. Reported net income was $918K.
How have Factor Law Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Factor Law Inc.'s sponsor-wide assets grew 36.6%, from $5M to $6M.
Which 401(k) plans are similar in size to Factor 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Lepercq, De Neuflize & Co., Inc. 401(k) Plan in NY ($5M, 8 participants).
Which 401(k) plans cover a similar participant headcount to Factor 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Red Nucleus Solutions 401(k) Retirement Plan in PA (176 participants, $18M in assets).