401(k) · DOL Form 5500 · 2023

Futuramic Tool & Engineering Company 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size: 196
Participants Below avg headcount: 80th
Percentile by assets National rank: $160,708
Avg per participant Above avg balance/head

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Official DOL plan name: Futuramic Tool & Engineering Company 401(k) Retirement Plan · Sponsored by Futuramic Tool & Engineering Company · Michigan · Manufacturing

$31M in assets, 196 participants

Futuramic Tool & Engineering Company's Futuramic Tool & Engineering Company 401(k) Retirement Plan reported $31M in total assets and 196 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

#13,465 in Manufacturing (18,722 peers)

Coverage in Michigan

Futuramic Tool & Engineering Company 401(k) Retirement Plan covers 196 participants in Michigan, about 31% of the average Michigan filer (state average ~638 per filing). Assets: $31M.

#13,465
in Manufacturing (18,722 peers): +11.7%
assets growth YoY: 0.3×
vs typical plan assets (national mean)

Futuramic Tool & Engineering Company 401(k) Retirement Plan's outsized position by total assets

Futuramic Tool & Engineering Company 401(k) Retirement Plan vs every filed plan by assets

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

$31,498,731 Top 20% higher than 80% 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

Futuramic Tool & Engineering Company 401(k) Retirement 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. Futuramic Tool & Engineering Company 401(k) Retirement Plan sits mid-pack in the medium band (196 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Futuramic Tool & Engineering Company 401(k) Retirement Plan reported net income rose from -$8M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Futuramic Tool & Engineering Company 401(k) Retirement Plan end-of-year assets rose from $28M in the plan year 2022 filing to $31M in the plan year 2023 filing.
Futuramic Tool & Engineering Company 401(k) Retirement Plan reported participants fell from 206 in the plan year 2022 filing to 196 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381528262 · Futuramic Tool & Engineering Company PY 2023 · 401(k)

Futuramic Tool & Engineering Company 401(k) Retirement Plan · $31M · 196 · 80th

ASSETS $31M
PCT 196
EIN 80th
RANK 401(k)
PHOTO near United Facilities, Inc. Retirement Plan No. 004-86
IND ind #13465

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 Manufacturing retirement plans → · Plans in Michigan →

End-of-year total assets ($M) among Futuramic Tool & Engineering Company 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)	$28M
Net Assets (End of Year)	$31M
Net Income	$3M
Employer EIN	381528262
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Futuramic Tool & Engineering Company)

Latest sponsor-wide plan assets: $34M 19.935022278911653% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	206	$28M
2023	1	196	$31M
2024	1	196	$34M

Nearby 401(k) Plans in Michigan

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

Futuramic Tool & Engineering Company 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Futuramic Tool & Engineering Company 401(k) Retirement Plan side-by-side with 3 peers →

Futuramic Tool & Engineering Company 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is United Facilities, Inc. Retirement Plan No. 004-86 in IL ($31M); by covered participants it is Logicworks 401(k) Plan in NY (196 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($31M here).

United Facilities, Inc. Retirement Plan No. 004-86 (IL) $31M · 262
Digital Currency Group Inc. 401(k) Plan (CT) $31M · 701
401(k)/Profit Sharing Plan and Trust for Employees of Central Florida Hospitalist Partners, P.a. (FL) $32M · 91
Dci Family of Companies 401(k) Plan (DC) $32M · 90

Similar participant headcount

Nearest other-state filings by covered participants (196 participants); asset peers above are excluded.

Logicworks 401(k) Plan (NY) 196 · 0 off
Oscor Inc. 401(k) Plan (TX) 196 · 0 off
Oc Auto Team 401(k) Plan (CA) 196 · 0 off
Bel USA 401(k) Plan (FL) 196 · 0 off

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 Futuramic Tool & Engineering Company 401(k) Retirement Plan assets move in 2023? ▼

Futuramic Tool & Engineering Company 401(k) Retirement Plan grew at a solid clip - up 11.7% during 2023, from $28M to $31M. Reported net income was $3M.

How have Futuramic Tool & Engineering Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Futuramic Tool & Engineering Company's sponsor-wide assets grew 19.9%, from $28M to $34M.

Where does Futuramic Tool & Engineering Company 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼

Futuramic Tool & Engineering Company 401(k) Retirement Plan ranks in the 80th 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 401(k) plans are similar in size to Futuramic Tool & Engineering Company 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is United Facilities, Inc. Retirement Plan No. 004-86 in IL ($31M, 262 participants).

Which 401(k) plans cover a similar participant headcount to Futuramic Tool & Engineering Company 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Logicworks 401(k) Plan in NY (196 participants, N/A in assets).

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 381528262.