Defined Benefit (Pension) · DOL Form 5500 · 2023

Michael Best & Friedrich, LLP Pension Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
142
Participants Small participant base
88th
Percentile by assets National rank
$455,605
Avg per participant High balance/head
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Official DOL plan name: Michael Best & Friedrich Employees' Pension Plan · Sponsored by Michael Best & Friedrich, LLP · Wisconsin · Professional & Technical Services

$65M in assets, 142 participants

Michael Best & Friedrich, LLP's Michael Best & Friedrich Employees' Pension Plan reported $65M in total assets and 142 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #18,128 in Professional & Technical Services (20,321 peers)

Coverage in Wisconsin

Michael Best & Friedrich Employees' Pension Plan covers 142 participants in Wisconsin, about 25% of the average Wisconsin filer (state average ~563 per filing). Assets: $65M.

#18,128
in Professional & Technical Services (20,321 peers)
-6.7%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Michael Best & Friedrich Employees' Pension Plan's outsized position by total assets

Michael Best & Friedrich Employees' Pension Plan vs every filed plan by assets

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

$64,695,962 Top 12% higher than 88% 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

Michael Best & Friedrich Employees' Pension 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. Michael Best & Friedrich Employees' Pension Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michael Best & Friedrich Employees' Pension Plan reported net income rose from -$24M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
  • Michael Best & Friedrich Employees' Pension Plan end-of-year assets fell from $69M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Michael Best & Friedrich Employees' Pension Plan reported participants fell from 152 in the plan year 2022 filing to 142 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 390934985 · Michael Best & Friedrich, LLP PY 2023 · Defined Benefit (Pension)

Michael Best & Friedrich Employees' Pension Plan · $65M · 142 · 88th

  • IND $65M
  • IND 142
  • IND 88th
  • IND Defined Benefit (Pension)
  • IND near Laborers Pension Fund
  • IND ind #18128

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 Wisconsin →

Michael Best & Friedrich Employees' Pension Plan in the asset neighbourhood

Young & Rubicam LLC Career Cash Balance Continuation PlanYoung & Rubicam LLC Career C…$65MLaborers Pension Fund$65MLiberty Utilities Cash Balance Pension PlanLiberty Utilities Cash Balan…$65MMichael Best & Friedrich Employees' Pension PlanMichael Best & Friedrich Emp…$65MBac Local #5 New York Pension PlanBac Local #5 New York Pensio…$65M
End-of-year total assets ($M) among Michael Best & Friedrich Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Wisconsin filing particulars

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$65M
Net Income-$5M
Employer EIN390934985
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michael Best & Friedrich, LLP)

Sponsor-wide plan assets over time

All Michael Best & Friedrich, LLP plans reported in each filing year

Latest sponsor-wide plan assets
$384M 22.6642689925592% vs 2022
2024 filing year
$300M$350M$400M 202220232024 $313M $384M ▲ +22.7%
Year Plans Participants Total Assets
2022 2 820 $313M
2023 2 827 $346M
2024 2 797 $384M

Nearby Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Michael Best & Friedrich Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Michael Best & Friedrich Employees' Pension Plan, Total assets ($B): 0.064695962 · Participants: 142Michael Best & Friedrich Employees' Pension PlanThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.298151091 · Participants: 8348The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.267131995 · Participants: 9960Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.08393057 · Participants: 7368The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.912240682 · Participants: 1560Harley-Davidson Retirement PlanRockwell Automation Pension Plan, Total assets ($B): 1.77661124 · Participants: 2136Rockwell Automation Pension Plan
Michael Best & Friedrich Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Michael Best & Friedrich Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Laborers Pension Fund in VA ($65M); by covered participants it is Willamette Falls Hospital Pension Plan in WA (142 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($65M here).

Similar participant headcount

Nearest other-state filings by covered participants (142 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 Michael Best & Friedrich Employees' Pension Plan assets move in 2023?
Michael Best & Friedrich Employees' Pension Plan pulled back noticeably - down 6.7% during 2023, from $69M to $65M. Reported net income was -$5M.
How have Michael Best & Friedrich, LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Michael Best & Friedrich, LLP's sponsor-wide assets grew 22.7%, from $313M to $384M.
Where does Michael Best & Friedrich Employees' Pension Plan rank by assets among Form 5500 filers?
Michael Best & Friedrich Employees' Pension Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Michael Best & Friedrich Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Laborers Pension Fund in VA ($65M, 553 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Michael Best & Friedrich Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Willamette Falls Hospital Pension Plan in WA (142 participants, $45M in assets).