401(k) · DOL Form 5500 · 2023

Fives Inc. 401(k) Plan

Data updated 2026-08-11

$295M
Total assets
1,386
Participants
96th
Percentile by assets
$213,177
Avg per participant
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Official DOL plan name: Fives Retirement Savings Plan · Sponsored by Fives Inc. · Michigan · Management of Enterprises

$295M in assets, 1,386 participants

Fives Inc.'s Fives Retirement Savings Plan reported $295M in total assets and 1,386 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #988 in Management of Enterprises (1,137 peers)

Coverage in Michigan

Fives Retirement Savings Plan covers 1,386 participants in Michigan, 2.2x the typical Michigan plan (state average ~638 per filing). Assets: $295M.

$295M
total plan assets (2023 EOY)
1,386
covered participants
96th
percentile by assets (of 127,072 plans)
$213,177
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fives Retirement Savings Plan reported net income rose from -$55M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Fives Retirement Savings Plan end-of-year assets rose from $260M in the plan year 2022 filing to $295M in the plan year 2023 filing.
  • Fives Retirement Savings Plan reported participants rose from 1,246 in the plan year 2022 filing to 1,386 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Fives Retirement Savings Plan reports 1,386 participants - 2.2x that state average ($295M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$260M
Net Assets (End of Year)$295M
Net Income$35M
Employer EIN383503183
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fives Inc.)

$240M$260M$280M$300M$320M 202220232024 $260M $314M ▲ +20.7%
Total plan assets by year, all Fives Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,246 $260M
2023 1 1,386 $295M
2024 1 1,439 $314M

Nearby 401(k) Plans in Michigan

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

Fives Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Fives Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Fives Retirement Sav…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Fives Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Fives Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Fives Retirement Savings Plan assets move in 2023?
Fives Retirement Savings Plan grew at a solid clip - up 13.4% during 2023, from $260M to $295M. Reported net income was $35M.
How have Fives Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Fives Inc.'s sponsor-wide assets grew 20.7%, from $260M to $314M.
Where does Fives Retirement Savings Plan rank by assets among Form 5500 filers?
Fives Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Fives Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Renasant Bank 401(k) Plan in MS ($296M, 2,405 participants).

Filing takeaways

Ways to act on Fives Retirement Savings Plan's numbers.