401(k) · DOL Form 5500 · 2023
Fortune Brands Innovations, Inc. 401(k) Plan
Data updated 2026-08-11
- $63M
- Total assets
- 7,263
- Participants
- 88th
- Percentile by assets
- $8,711
- Avg per participant
Official DOL plan name: Fortune Brands Innovations Hourly Employee Retirement Savings Plan · Sponsored by Fortune Brands Innovations, Inc. · Illinois · Management of Enterprises
$63M in assets, 7,263 participants
Fortune Brands Innovations, Inc.'s Fortune Brands Innovations Hourly Employee Retirement Savings Plan reported $63M in total assets and 7,263 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.
- 88th percentile by assets (of 127,072 plans)
- #806 in Management of Enterprises (1,137 peers)
Coverage in Illinois
Fortune Brands Innovations Hourly Employee Retirement Savings Plan covers 7,263 participants in Illinois, 9.3x the typical Illinois plan (state average ~779 per filing). Assets: $63M.
- $63M
- total plan assets (2023 EOY)
- 7,263
- covered participants
- 88th
- percentile by assets (of 127,072 plans)
- $8,711
- avg assets per participant
Where Fortune Brands Innovations Hourly Employee Retirement Savings Plan sits by total assets
Fortune Brands Innovations Hourly Employee Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$63,268,248 Top 12% higher than 88% 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
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Fortune Brands Innovations Hourly Employee Retirement Savings Plan reported net income rose from -$45M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Fortune Brands Innovations Hourly Employee Retirement Savings Plan end-of-year assets fell from $206M in the plan year 2022 filing to $63M in the plan year 2023 filing.
- Fortune Brands Innovations Hourly Employee Retirement Savings Plan reported participants fell from 8,434 in the plan year 2022 filing to 7,263 in the plan year 2023 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Fortune Brands Innovations Hourly Employee Retirement Savings Plan reports 7,263 participants - 9.3x that state average ($63M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $206M |
|---|---|
| Net Assets (End of Year) | $63M |
| Net Income | $8M |
| Employer EIN | 621411546 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fortune Brands Innovations, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 13,612 | $1.1B |
| 2023 | 2 | 13,163 | $794M |
| 2024 | 2 | 6,712 | $893M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Fortune Brands Innovations Hourly Employee Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
- Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
- State Farm 401(k) Savings Plan $16.9B · 60,246
- Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
- United Airlines Pilot Retirement Account Plan $14.4B · 14,959
- Walgreens Retirement Savings Plan $13.4B · 235,331
Scale composition for Fortune Brands Innovations Hourly Employee Retirement Savings Plan
Fortune Brands Innovations Hourly Employee Retirement Savings Plan reports $63M in end-of-year assets across 7,263 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $8,711 per participant (6% of the national average assets-per-participant) . Net income for plan year 2023 was $8M.
This plan identity (EIN 621411546, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $206M to $68M (-66.7%) while covered participants moved from 8,434 to 1,890 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,434 | $206M | Open filing |
| 2023 | 7,263 | $63M | This page |
| 2024 · index core | 1,890 | $68M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Fortune Brands Innovations Retirement Savings Plan (401(k), $825M, 4,822 participants)
- Fortune Brands Innovations Hourly Employee Retirement Savings Plan (401(k), $68M, 1,890 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Fortune Brands Innovations Hourly Employee Retirement Savings Plan by total assets, not by location.
- Artech LLC 401(k) Savings Plan (NJ) $63M · 3,454
- Intervision Systems, LLC. 401(k) Profit Sharing Plan (MO) $63M · 404
- J. G. Boswell Company 401(k) Plan (CA) $63M · 637
- Mandarin Oriental 401(k) Plan (GA) $63M · 1,024
Frequently Asked Questions
How did Fortune Brands Innovations Hourly Employee Retirement Savings Plan assets move in 2023? ▼
How have Fortune Brands Innovations, Inc. plan assets changed over time? ▼
Where does Fortune Brands Innovations Hourly Employee Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Fortune Brands Innovations Hourly Employee Retirement Savings Plan? ▼
Next read for Fortune Brands Innovations Hourly Employ…
Filing takeaways
Ways to act on Fortune Brands Innovations Hourly Employee Retirement Savings Plan's numbers.
- By total assets, Fortune Brands Innovations Hourly Employee Retirement Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Fortune Brands Innovations, Inc.'s sponsor-wide assets have declined 16.8% since 2022 across 3 plan years on file. More Management of Enterprises plans