401(k) · DOL Form 5500 · 2023
Freudenberg North America Limited Partnership 401(k) Plan
Data updated 2026-08-11
- $572M
- Total assets
- 6,427
- Participants
- 98th
- Percentile by assets
- $89,042
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $572M
- total plan assets (2023 EOY)
- 6,427
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $89,042
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Freudenberg Companies 401(k) Retirement Plan reports 6,427 participants - 10x that state average ($572M EOY assets).
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)
| 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.
Freudenberg Companies 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
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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Freudenberg Companies 401(k) Retirement Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Freudenberg Companies 401(k) Retirement Plan assets move in 2023? ▼
How have Freudenberg North America Limited Partnership plan assets changed over time? ▼
Where does Freudenberg Companies 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Freudenberg Companies 401(k) Retirement Plan? ▼
Next read for Freudenberg Companies 401(k) Retirement …
Filing takeaways
Ways to act on Freudenberg Companies 401(k) Retirement Plan's numbers.
- By total assets, Freudenberg Companies 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Freudenberg North America Limited Partnership's sponsor-wide assets have grown 26.7% since 2022 across 3 plan years on file. More Manufacturing plans