401(k) · DOL Form 5500 · 2023

Fastening Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
154
Participants Small participant base
76th
Percentile by assets National rank
$157,241
Avg per participant Above avg balance/head
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Official DOL plan name: Fastening Solutions, Inc. Employee Retirement Plan · Sponsored by Fastening Solutions, Inc. · Alabama · Manufacturing

$24M in assets, 154 participants

Fastening Solutions, Inc.'s Fastening Solutions, Inc. Employee Retirement Plan reported $24M in total assets and 154 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,497 in Manufacturing (18,722 peers)

Coverage in Alabama

Fastening Solutions, Inc. Employee Retirement Plan covers 154 participants in Alabama, about 43% of the average Alabama filer (state average ~360 per filing). Assets: $24M.

#12,497
in Manufacturing (18,722 peers)
+11.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Fastening Solutions, Inc. Employee Retirement Plan's outsized position by total assets

Fastening Solutions, Inc. Employee Retirement Plan vs every filed plan by assets

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

$24,215,054 Top 24% higher than 76% 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

Fastening Solutions, Inc. Employee 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. Fastening Solutions, Inc. Employee Retirement Plan sits mid-pack in the medium band (154 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fastening Solutions, Inc. Employee Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Fastening Solutions, Inc. Employee Retirement Plan end-of-year assets rose from $22M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Fastening Solutions, Inc. Employee Retirement Plan reported participants rose from 146 in the plan year 2022 filing to 154 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 630400499 · Fastening Solutions, Inc. PY 2023 · 401(k)

Fastening Solutions, Inc. Employee Retirement Plan · $24M · 154 · 76th

  • 5500 $24M
  • ASSETS 154
  • PCT 76th
  • EIN 401(k)
  • RANK near Odw Logistics, Inc. 401(k) Retirement Plan
  • PHOTO ind #12497

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 Alabama →

Fastening Solutions, Inc. Employee Retirement Plan in the asset neighbourhood

Fastening Solutions, Inc. Employee Retirement PlanFastening Solutions, Inc. Em…$24MBeverly Anesthesiology, Inc. 401(k) Profit Sharing PlanBeverly Anesthesiology, Inc.…$24MLakeland Care, Inc. Retirement Savings PlanLakeland Care, Inc. Retireme…$24MOdw Logistics, Inc. 401(k) Retirement PlanOdw Logistics, Inc. 401(k) R…$24MCommunity Health Group 401(k) PlanCommunity Health Group 401(k…$24M
End-of-year total assets ($M) among Fastening Solutions, Inc. Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$24M
Net Income$2M
Employer EIN630400499
Plan Effective Date1964-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fastening Solutions, Inc.)

Sponsor-wide plan assets over time

All Fastening Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 15.8333567303572% vs 2022
2024 filing year
$20M$22M$24M$26M 202220232024 $21.7M $25.2M ▲ +15.8%
Year Plans Participants Total Assets
2022 1 146 $22M
2023 1 154 $24M
2024 1 159 $25M

Nearby 401(k) Plans in Alabama

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

Fastening Solutions, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Fastening Solutions, Inc. Employee Retirement Plan, Total assets ($B): 0.024215054 · Participants: 154Fastening Solutions, Inc. Employee Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Fastening Solutions, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Fastening Solutions, Inc. Employee Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Odw Logistics, Inc. 401(k) Retirement Plan in OH ($24M); by covered participants it is Eaze Solutions Inc. Retirement Trust in CA (154 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (154 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 Fastening Solutions, Inc. Employee Retirement Plan assets move in 2023?
Fastening Solutions, Inc. Employee Retirement Plan grew at a solid clip - up 11.5% during 2023, from $22M to $24M. Reported net income was $2M.
How have Fastening Solutions, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Fastening Solutions, Inc.'s sponsor-wide assets grew 15.8%, from $22M to $25M.
Where does Fastening Solutions, Inc. Employee Retirement Plan rank by assets among Form 5500 filers?
Fastening Solutions, Inc. Employee Retirement Plan ranks in the 76th 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 Fastening Solutions, Inc. Employee Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Odw Logistics, Inc. 401(k) Retirement Plan in OH ($24M, 1,218 participants).
Which 401(k) plans cover a similar participant headcount to Fastening Solutions, Inc. Employee Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Eaze Solutions Inc. Retirement Trust in CA (154 participants, $3M in assets).