401(k) · DOL Form 5500 · 2023

Flexsteel Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
425
Participants Below avg headcount
90th
Percentile by assets National rank
$200,405
Avg per participant Above avg balance/head
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Official DOL plan name: Flexsteel Industries, Inc. 401(k) Plan · Sponsored by Flexsteel Industries, Inc. · Iowa · Manufacturing

$85M in assets, 425 participants

Flexsteel Industries, Inc.'s Flexsteel Industries, Inc. 401(k) Plan reported $85M in total assets and 425 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.

  • #15,978 in Manufacturing (18,722 peers)

Where Flexsteel Industries, Inc. 401(k) Plan sits by assets

Flexsteel Industries, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $85M for 425 participants (~$200,405/participant), up 14.7% in 2023.

#15,978
in Manufacturing (18,722 peers)
+14.7%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Flexsteel Industries, Inc. 401(k) Plan's outsized position by total assets

Flexsteel Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$85,171,979 Top 10% higher than 90% 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

Flexsteel Industries, Inc. 401(k) 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. Flexsteel Industries, Inc. 401(k) Plan sits mid-pack in the medium band (425 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Flexsteel Industries, Inc. 401(k) Plan reported net income rose from -$18M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Flexsteel Industries, Inc. 401(k) Plan reported participants fell from 655 in the plan year 2022 filing to 425 in the plan year 2023 filing.
  • Flexsteel Industries, Inc. 401(k) Plan end-of-year assets rose from $74M in the plan year 2022 filing to $85M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 420442319 · Flexsteel Industries, Inc. PY 2023 · 401(k)

Flexsteel Industries, Inc. 401(k) Plan · $85M · 425 · 90th

  • 5500 $85M
  • ASSETS 425
  • PCT 90th
  • EIN 401(k)
  • RANK near Tapestry Solutions, Inc. Retirement Plan
  • PHOTO ind #15978

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 Manufacturing retirement plans → · Plans in Iowa →

Flexsteel Industries, Inc. 401(k) Plan in the asset neighbourhood

Fred Alger & Company, LLC 401(k) Profit Sharing PlanFred Alger & Company, LLC 40…$85MFlexsteel Industries, Inc. 401(k) PlanFlexsteel Industries, Inc. 4…$85MTapestry Solutions, Inc. Retirement PlanTapestry Solutions, Inc. Ret…$85MSurvice Engineering Company 401(k) Profit Sharing PlanSurvice Engineering Company …$85MZeon Chemicals L. P. Savings PlanZeon Chemicals L. P. Savings…$85M
End-of-year total assets ($M) among Flexsteel Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$85M
Net Income$11M
Employer EIN420442319
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flexsteel Industries, Inc.)

Sponsor-wide plan assets over time

All Flexsteel Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$86M 15.598223734134429% vs 2022
2024 filing year
$70M$75M$80M$85M$90M 202220232024 $74.3M $85.9M ▲ +15.6%
Year Plans Participants Total Assets
2022 1 655 $74M
2023 1 425 $85M
2024 1 431 $86M

Nearby 401(k) Plans in Iowa

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

Flexsteel Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Flexsteel Industries, Inc. 401(k) Plan, Total assets ($B): 0.085171979 · Participants: 425Flexsteel Industries, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Flexsteel Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Flexsteel Industries, Inc. 401(k) Plan side-by-side with 3 peers →

Flexsteel Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Tapestry Solutions, Inc. Retirement Plan in CA ($85M); by covered participants it is Restaurants of America Retirement Plan in CO (425 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (425 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 Flexsteel Industries, Inc. 401(k) Plan assets move in 2023? ▼
Flexsteel Industries, Inc. 401(k) Plan grew at a solid clip - up 14.7% during 2023, from $74M to $85M. Reported net income was $11M.
How have Flexsteel Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Flexsteel Industries, Inc.'s sponsor-wide assets grew 15.6%, from $74M to $86M.
Where does Flexsteel Industries, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Flexsteel Industries, Inc. 401(k) 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 Flexsteel Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tapestry Solutions, Inc. Retirement Plan in CA ($85M, 441 participants).
Which 401(k) plans cover a similar participant headcount to Flexsteel Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Restaurants of America Retirement Plan in CO (425 participants, $3M 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 420442319.

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.