401(k) · DOL Form 5500 · 2023
Faegre Drinker Biddle & Reath LLP 401(k) Plan
Data updated 2026-08-25
- $717M
- Total assets Above avg plan size
- 1,402
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $511,349
- Avg per participant High balance/head
Official DOL plan name: Faegre Drinker Retirement Savings Plan 1 · Sponsored by Faegre Drinker Biddle & Reath LLP · Minnesota · Professional & Technical Services
$717M in assets, 1,402 participants
Faegre Drinker Biddle & Reath LLP's Faegre Drinker Retirement Savings Plan 1 reported $717M in total assets and 1,402 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #20,066 in Professional & Technical Services (20,321 peers)
Where Faegre Drinker Retirement Savings Plan 1 sits by assets
Faegre Drinker Retirement Savings Plan 1 sits in the top 5% of all filed plans by assets, $717M for 1,402 participants (~$511,349/participant), up 15.1% in 2023.
- #20,066
- in Professional & Technical Services (20,321 peers)
- +15.1%
- assets growth YoY
- 7.2×
- vs typical plan assets (national mean)
Faegre Drinker Retirement Savings Plan 1's outsized position by total assets
Faegre Drinker Retirement Savings Plan 1 vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$716,911,004 Top 2% higher than 98% 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
Faegre Drinker Retirement Savings Plan 1's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faegre Drinker Retirement Savings Plan 1 lands in the large band (1,402 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Faegre Drinker Retirement Savings Plan 1 reported net income rose from -$177M in the plan year 2022 filing to $94M in the plan year 2023 filing.
- Faegre Drinker Retirement Savings Plan 1 end-of-year assets rose from $623M in the plan year 2022 filing to $717M in the plan year 2023 filing.
- Faegre Drinker Retirement Savings Plan 1 reported participants fell from 1,441 in the plan year 2022 filing to 1,402 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 410244008 · Faegre Drinker Biddle & Reath LLP PY 2023 · 401(k)
Faegre Drinker Retirement Savings Plan 1 · $717M · 1,402 · 98th
- EBSA $717M
- EBSA 1,402
- EBSA 98th
- EBSA 401(k)
- EBSA near New York Hotel Trades Council & Hotel Association of New York City, Inc. 401(k) Savings Plan
- EBSA ind #20066
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 Minnesota →
Faegre Drinker Retirement Savings Plan 1 in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $623M |
|---|---|
| Net Assets (End of Year) | $717M |
| Net Income | $94M |
| Employer EIN | 410244008 |
| Plan Effective Date | 1969-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Faegre Drinker Biddle & Reath LLP)
Sponsor-wide plan assets over time
All Faegre Drinker Biddle & Reath LLP plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.5B 26.964247118493027% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,885 | $1.2B |
| 2023 | 2 | 2,798 | $1.4B |
| 2024 | 2 | 2,697 | $1.5B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
Faegre Drinker Retirement Savings Plan 1's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is New York Hotel Trades Council & Hotel Association of New York City, Inc. 401(k) Savings Plan in NY ($718M); by covered participants it is Harley-Davidson Retirement Savings Plan for York Hourly Bargaining Unit Ees in WI (1,402 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($717M here).
- New York Hotel Trades Council & Hotel Association of New York City, Inc. 401(k) Savings Plan (NY) $718M · 24,844
- Schaeffler Group USA Savings Retirement Plan (SC) $716M · 4,857
- The North American Coal Corporation Retirement Savings Plan (TX) $718M · 1,671
- Medical Mutual of Ohio Employees' Retirement Savings Plan (OH) $716M · 2,826
Similar participant headcount
Nearest other-state filings by covered participants (1,402 participants); asset peers above are excluded.
- Harley-Davidson Retirement Savings Plan for York Hourly Bargaining Unit Ees (WI) 1,402 · 0 off
- Hawthorn Senior Living LLC 401(k) Plan (WA) 1,402 · 0 off
- Wss 401(k) Plan (CA) 1,402 · 0 off
- Stanley Steemer 401(k) Retirement Plan (OH) 1,402 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.