401(k) · DOL Form 5500 · 2023

Ferragon Corporation 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
202
Participants Below avg headcount
63rd
Percentile by assets National rank
$59,470
Avg per participant Low balance/head
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Official DOL plan name: Ferragon Corp. Thrift Incentive Plan · Sponsored by Ferragon Corporation · Ohio · Manufacturing

$12M in assets, 202 participants

Ferragon Corporation's Ferragon Corp. Thrift Incentive Plan reported $12M in total assets and 202 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #9,323 in Manufacturing (18,722 peers)

Coverage in Ohio

Ferragon Corp. Thrift Incentive Plan covers 202 participants in Ohio, about 26% of the average Ohio filer (state average ~765 per filing). Assets: $12M.

#9,323
in Manufacturing (18,722 peers)
+18.0%
assets growth YoY

Ferragon Corp. Thrift Incentive Plan's mid-pack asset rank among Manufacturing and all filers

Ferragon Corp. Thrift Incentive Plan vs every filed plan by assets

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

$12,012,956 Top 37% higher than 63% 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

Ferragon Corp. Thrift Incentive 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. Ferragon Corp. Thrift Incentive Plan sits mid-pack in the medium band (202 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ferragon Corp. Thrift Incentive Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Ferragon Corp. Thrift Incentive Plan reported participants rose from 166 in the plan year 2022 filing to 202 in the plan year 2023 filing.
  • Ferragon Corp. Thrift Incentive Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 341384033 · Ferragon Corporation PY 2023 · 401(k)

Ferragon Corp. Thrift Incentive Plan · $12M · 202 · 63rd

  • BOOK $12M
  • VS-ST 202
  • BOY 63rd
  • SCH 401(k)
  • EBSA near Dr. Praeger's Sensible Foods 401(k) Plan
  • PART ind #9323

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 Ohio →

Ferragon Corp. Thrift Incentive Plan in the asset neighbourhood

Ferragon Corp. Thrift Incentive PlanFerragon Corp. Thrift Incent…$12MDr. Praeger's Sensible Foods 401(k) PlanDr. Praeger's Sensible Foods…$12MUbilinx Technology, Inc. 401(k) PlanUbilinx Technology, Inc. 401…$12MLocal 81134 Iue-Cwa 401(k) PlanLocal 81134 Iue-Cwa 401(k) P…$12MSimco Logistics, LLC Union Employees' 401(k) PlanSimco Logistics, LLC Union E…$12M
End-of-year total assets ($M) among Ferragon Corp. Thrift Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN341384033
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ferragon Corporation)

Sponsor-wide plan assets over time

All Ferragon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$14M 33.33044484575427% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $10.2M $13.6M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 166 $10M
2023 1 202 $12M
2024 1 277 $14M

Nearby 401(k) Plans in Ohio

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

Ferragon Corp. Thrift Incentive Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Ferragon Corp. Thrift Incentive Plan, Total assets ($B): 0.012012956 · Participants: 202Ferragon Corp. Thrift Incentive PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Ferragon Corp. Thrift Incentive Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Ferragon Corp. Thrift Incentive Plan side-by-side with 3 peers →

Ferragon Corp. Thrift Incentive Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Dr. Praeger's Sensible Foods 401(k) Plan in NJ ($12M); by covered participants it is Advantage Engineers, LLC 401(k) Plan in MD (202 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (202 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 Ferragon Corp. Thrift Incentive Plan assets move in 2023? ▼
Ferragon Corp. Thrift Incentive Plan grew sharply - up 18.0% during 2023, from $10M to $12M. Reported net income was $2M.
How have Ferragon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ferragon Corporation's sponsor-wide assets grew 33.3%, from $10M to $14M.
Which 401(k) plans are similar in size to Ferragon Corp. Thrift Incentive Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dr. Praeger's Sensible Foods 401(k) Plan in NJ ($12M, 222 participants).
Which 401(k) plans cover a similar participant headcount to Ferragon Corp. Thrift Incentive Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Advantage Engineers, LLC 401(k) Plan in MD (202 participants, $9M 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 341384033.

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.