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
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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

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

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.

See the national 2022→2023 release diff →

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

X Corp. 401(k) Plan$573MFreudenberg Companies 401(k) Retirement PlanFreudenberg Companies 401(k)…$572MStinson LLP Retirement Plan$572MTtm Technologies 401(k) Retirement Savings PlanTtm Technologies 401(k) Reti…$572MKennametal Thrift Plus Plan$572M
End-of-year total assets ($M) among Freudenberg Companies 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)$489M
Net Assets (End of Year)$572M
Net Income$78M
Employer EIN020383413
Plan Effective Date1963-10-28
Filing StatusFILING 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
$450M$500M$550M$600M$650M 202220232024 $489M $619M ▲ +26.7%
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 Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Freudenberg Companies 401(k) Retirement Plan, Total assets ($B): 0.572272067 · Participants: 6427Freudenberg Companies 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Freudenberg Companies 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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'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).

Similar participant headcount

Nearest other-state filings by covered participants (6,427 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 Freudenberg Companies 401(k) Retirement Plan assets move in 2023? ▼
Freudenberg Companies 401(k) Retirement Plan grew sharply - up 17.1% during 2023, from $489M to $572M. Reported net income was $78M.
How have Freudenberg North America Limited Partnership plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Freudenberg North America Limited Partnership's sponsor-wide assets grew 26.7%, from $489M to $619M.
Where does Freudenberg Companies 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Freudenberg Companies 401(k) Retirement Plan ranks in the 98th 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 Freudenberg Companies 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stinson LLP Retirement Plan in MO ($572M, 857 participants).
Which 401(k) plans cover a similar participant headcount to Freudenberg Companies 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is H. Lee Moffitt Cancer Center and Research Institute, Inc. in FL (6,428 participants, $430M in assets).