401(k) · DOL Form 5500 · 2023
Freudenberg North America Limited Partnership 401(k) Plan
Data updated 2026-08-25
- $572M
- Total assets Above avg plan size
- 6,427
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $89,042
- Avg per participant Below avg balance/head
Official DOL plan name: Freudenberg Companies 401(k) Retirement Plan · Sponsored by Freudenberg North America Limited Partnership · Michigan · Manufacturing
$572M in assets, 6,427 participants
Freudenberg North America Limited Partnership's Freudenberg Companies 401(k) Retirement Plan reported $572M in total assets and 6,427 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #18,017 in Manufacturing (18,722 peers)
Coverage in Michigan
Freudenberg Companies 401(k) Retirement Plan covers 6,427 participants in Michigan, 10x the typical Michigan plan (state average ~638 per filing). Assets: $572M.
- #18,017
- in Manufacturing (18,722 peers)
- +17.1%
- assets growth YoY
- 5.7×
- vs typical plan assets (national mean)
Freudenberg Companies 401(k) Retirement Plan's outsized position by total assets
Freudenberg Companies 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$572,272,067 Top 2% higher than 98% 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
Freudenberg Companies 401(k) Retirement Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freudenberg Companies 401(k) Retirement Plan lands in the large band (6,427 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Freudenberg Companies 401(k) Retirement Plan reported net income rose from -$90M in the plan year 2022 filing to $78M in the plan year 2023 filing.
- Freudenberg Companies 401(k) Retirement Plan end-of-year assets rose from $489M in the plan year 2022 filing to $572M in the plan year 2023 filing.
- Freudenberg Companies 401(k) Retirement Plan reported participants rose from 6,103 in the plan year 2022 filing to 6,427 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 020383413 · Freudenberg North America Limited Partnership PY 2023 · 401(k)
Freudenberg Companies 401(k) Retirement Plan · $572M · 6,427 · 98th
- 5500 $572M
- 5500 6,427
- 5500 98th
- 5500 401(k)
- 5500 near Stinson LLP Retirement Plan
- 5500 ind #18017
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 →
Freudenberg Companies 401(k) Retirement Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $489M |
|---|---|
| Net Assets (End of Year) | $572M |
| Net Income | $78M |
| Employer EIN | 020383413 |
| Plan Effective Date | 1963-10-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Freudenberg North America Limited Partnership)
Sponsor-wide plan assets over time
All Freudenberg North America Limited Partnership plans reported in each filing year
- Latest sponsor-wide plan assets
- $619M 26.72948552961631% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,103 | $489M |
| 2023 | 1 | 6,427 | $572M |
| 2024 | 1 | 6,461 | $619M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Scale composition for Freudenberg Companies 401(k) Retirement Plan
Freudenberg Companies 401(k) Retirement Plan reports $572M in end-of-year assets across 6,427 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $89,042 per participant (64% of the national average assets-per-participant) . Net income for plan year 2023 was $78M.
This plan identity (EIN 020383413, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $489M to $619M (+26.7%) while covered participants moved from 6,103 to 6,461 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,103 | $489M | Open filing |
| 2023 | 6,427 | $572M | This page |
| 2024 · index core | 6,461 | $619M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Freudenberg Companies 401(k) Retirement Plan (401(k), $619M, 6,461 participants)
Freudenberg Companies 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Stinson LLP Retirement Plan in MO ($572M); by covered participants it is H. Lee Moffitt Cancer Center and Research Institute, Inc. in FL (6,428 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($572M here).
- Stinson LLP Retirement Plan (MO) $572M · 857
- Ttm Technologies 401(k) Retirement Savings Plan (CO) $572M · 6,064
- Kennametal Thrift Plus Plan (SC) $572M · 2,781
- X Corp. 401(k) Plan (CA) $573M · 4,935
Similar participant headcount
Nearest other-state filings by covered participants (6,427 participants); asset peers above are excluded.
- H. Lee Moffitt Cancer Center and Research Institute, Inc. (FL) 6,428 · 1 off
- Apria Healthcare Group Inc. 401(k) Savings Plan (CA) 6,419 · 8 off
- Idaho National Laboratory Employee Investment Plan (ID) 6,419 · 8 off
- Agilent Technologies, Inc. 401(k) Plan (CA) 6,437 · 10 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.