401(k) · DOL Form 5500 · 2023

Michael Best and Friedrich, LLP 401(k) Plan

Data updated 2026-08-11

$282M
Total assets
685
Participants
96th
Percentile by assets
$411,047
Avg per participant
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Official DOL plan name: Michael Best 401(k) Plan · Sponsored by Michael Best and Friedrich, LLP · Wisconsin · Professional & Technical Services

$282M in assets, 685 participants

Michael Best and Friedrich, LLP's Michael Best 401(k) Plan reported $282M in total assets and 685 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)
  • #19,717 in Professional & Technical Services (20,321 peers)

Where Michael Best 401(k) Plan sits by assets

Michael Best 401(k) Plan sits in the top 5% of all filed plans by assets, $282M for 685 participants (~$411,047/participant), up 15.5% in 2023.

$282M
total plan assets (2023 EOY)
685
covered participants
96th
percentile by assets (of 127,072 plans)
$411,047
avg assets per participant

Where Michael Best 401(k) Plan sits by total assets

Michael Best 401(k) Plan vs every filed plan by assets

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

$281,567,072 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michael Best 401(k) Plan reported net income rose from -$40M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Michael Best 401(k) Plan end-of-year assets rose from $244M in the plan year 2022 filing to $282M in the plan year 2023 filing.
  • Michael Best 401(k) Plan reported participants rose from 668 in the plan year 2022 filing to 685 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Wisconsin
Industry
Professional & Technical Services

Michael Best 401(k) Plan vs the 2023 asset distribution

By assets, Michael Best 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$244M
Net Assets (End of Year)$282M
Net Income$38M
Employer EIN390934985
Plan Effective Date1983-11-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Michael Best and Friedrich, LLP)

$300M$350M$400M 202220232024 $313M $384M ▲ +22.7%
Total plan assets by year, all Michael Best and Friedrich, LLP plans on file
Year Plans Participants Total Assets
2022 2 820 $313M
2023 2 827 $346M
2024 2 797 $384M

Nearby 401(k) Plans in Wisconsin

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

Michael Best 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Michael Best 401(k) …, Total assets ($B): 0.281567072 · Participants: 685Michael Best 401(k) …Advocate Aurora Heal…, Total assets ($B): 9.125723544 · Participants: 76956Advocate Aurora Heal…Johnson Controls Ret…, Total assets ($B): 6.160116767 · Participants: 28904Johnson Controls Ret…Fiserv 401(k) Saving…, Total assets ($B): 4.81171463 · Participants: 25280Fiserv 401(k) Saving…Kimberly-Clark Corpo…, Total assets ($B): 4.550761 · Participants: 11236Kimberly-Clark Corpo…Rockwell Automation …, Total assets ($B): 3.62235882 · Participants: 8877Rockwell Automation …
Michael Best 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Michael Best 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Michael Best 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Michael Best 401(k) Plan assets move in 2023? ▼
Michael Best 401(k) Plan grew sharply - up 15.5% during 2023, from $244M to $282M. Reported net income was $38M.
How have Michael Best and Friedrich, LLP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michael Best and Friedrich, LLP's sponsor-wide assets grew 22.7%, from $313M to $384M.
Where does Michael Best 401(k) Plan rank by assets among Form 5500 filers? ▼
Michael Best 401(k) 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 Michael Best 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Anritsu Company Salary Deferral Plan in CA ($281M, 502 participants).

Next read for Michael Best 401(k) Plan

Scale reading

Ways to act on Michael Best 401(k) Plan's numbers.

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 390934985.

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.