401(k) · DOL Form 5500 · 2023
Forward Corporation 401(k) Plan
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 375
- Participants Below avg headcount
- 49th
- Percentile by assets National rank
- $17,287
- Avg per participant Low balance/head
Official DOL plan name: Forward Retirement Savings Plan · Sponsored by Forward Corporation · Michigan · Retail Trade
$6M in assets, 375 participants
Forward Corporation's Forward Retirement Savings Plan reported $6M in total assets and 375 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.
- #5,023 in Retail Trade (8,414 peers)
2023 asset change
Forward Retirement Savings Plan pulled back noticeably 8.8% in 2023 ($7M → $6M) for 375 participants.
- #5,023
- in Retail Trade (8,414 peers)
- -8.8%
- assets change YoY
The plan reported a net loss of $628K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Forward Retirement Savings Plan's mid-pack asset rank among Retail Trade and all filers
Forward Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$6,482,773 49th percentile higher than 49% 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
Forward Retirement Savings 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. Forward Retirement Savings Plan sits mid-pack in the medium band (375 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Forward Retirement Savings Plan reported net income rose from -$2M in the plan year 2022 filing to -$628K in the plan year 2023 filing.
- Forward Retirement Savings Plan reported participants rose from 314 in the plan year 2022 filing to 375 in the plan year 2023 filing.
- Forward Retirement Savings Plan end-of-year assets fell from $7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 381464754 · Forward Corporation PY 2023 · 401(k)
Forward Retirement Savings Plan · $6M · 375 · 49th
- EOY $6M
- EOY 375
- EOY 49th
- EOY 401(k)
- EOY near Goldman Kurland & Miraglia LLP 401(k) Profit Sharing Plan
- EOY ind #5023
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 Retail Trade retirement plans → · Plans in Michigan →
Forward Retirement Savings Plan in the asset neighbourhood
Forward Corporation years around the 2023 move
Sponsor-wide plan assets over time
All Forward Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $7M 5.180451010455627% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 314 | $7M |
| 2023 | 1 | 375 | $6M |
| 2024 | 1 | 353 | $7M |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | -$628K |
| Employer EIN | 381464754 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Forward Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Goldman Kurland & Miraglia LLP 401(k) Profit Sharing Plan in CA ($6M); by covered participants it is Schneider Mills Employees' Trust in NC (375 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
Similar participant headcount
Nearest other-state filings by covered participants (375 participants); asset peers above are excluded.
- Schneider Mills Employees' Trust (NC) 375 · 0 off
- The Childrens Svc Ctr of Wyo Val 401(k) Plan (PA) 375 · 0 off
- First Children, LLC. 401(k) Plan (NJ) 375 · 0 off
- Flogistix, LP 401(k) Plan (OK) 375 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.