401(k) · DOL Form 5500 · 2023

Friedman Industries, Incorporated 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
179
Participants Small participant base
58th
Percentile by assets National rank
$54,739
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Friedman Industries, Inc. Employees' Retirement & 401(k) Plan · Sponsored by Friedman Industries, Incorporated · Texas · Wholesale Trade

$10M in assets, 179 participants

Friedman Industries, Incorporated's Friedman Industries, Inc. Employees' Retirement & 401(k) Plan reported $10M in total assets and 179 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,155 in Wholesale Trade (6,309 peers)

Coverage in Texas

Friedman Industries, Inc. Employees' Retirement & 401(k) Plan covers 179 participants in Texas, about 26% of the average Texas filer (state average ~688 per filing). Assets: $10M.

#3,155
in Wholesale Trade (6,309 peers)
+32.6%
assets growth YoY

Friedman Industries, Inc. Employees' Retirement & 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Friedman Industries, Inc. Employees' Retirement & 401(k) Plan vs every filed plan by assets

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

$9,798,321 Top 42% higher than 58% 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

Friedman Industries, Inc. Employees' Retirement & 401(k) 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. Friedman Industries, Inc. Employees' Retirement & 401(k) Plan sits mid-pack in the medium band (179 participants).

Plan-year Form 5500 strip

Filing strip 741504405 · Friedman Industries, Incorporated PY 2023 · 401(k)

Friedman Industries, Inc. Employees' Retirement & 401(k) Plan · $10M · 179 · 58th

  • IND $10M
  • IND 179
  • IND 58th
  • IND 401(k)
  • IND near Freedom Equity Properties Inc. 401(k) Plan
  • IND ind #3155

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 Wholesale Trade retirement plans → · Plans in Texas →

Friedman Industries, Inc. Employees' Retirement & 401(k) Plan in the asset neighbourhood

Friedman Industries, Inc. Employees' Retirement & 401(k) PlanFriedman Industries, Inc. Em…$10MFreedom Equity Properties Inc. 401(k) PlanFreedom Equity Properties In…$10MBroad River Rehabilitation 401(k) PlanBroad River Rehabilitation 4…$10MStrategic Placement Services, Inc. 401(k) PlanStrategic Placement Services…$10MSensortower, Inc. 401(k) Plan$10M
End-of-year total assets ($M) among Friedman Industries, Inc. Employees' Retirement & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN741504405
Plan Effective Date1997-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Friedman Industries, Incorporated)

Sponsor-wide plan assets over time

All Friedman Industries, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$12M 21.258652375238572% vs 2023
2024 filing year
$9M$10M$11M$12M$13M 20232024 $9.8M $11.9M ▲ +21.2%
Year Plans Participants Total Assets
2023 1 179 $10M
2024 1 241 $12M

Nearby 401(k) Plans in Texas

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

Friedman Industries, Inc. Employees' Retirement & 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Friedman Industries, Inc. Employees' Retirement & 401(k) Plan, Total assets ($B): 0.009798321 · Participants: 179Friedman Industries, Inc. Employees' Retirement & 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Friedman Industries, Inc. Employees' Retirement & 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Friedman Industries, Inc. Employees' Retirement & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Freedom Equity Properties Inc. 401(k) Plan in NV ($10M); by covered participants it is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Friedman Industries, Inc. Employees' Retirement & 401(k) Plan assets move in 2023?
Friedman Industries, Inc. Employees' Retirement & 401(k) Plan surged - up 32.6% during 2023, from $7M to $10M. Reported net income was $2M.
How have Friedman Industries, Incorporated plan assets changed over time?
Across 2 plan years on file (2023-2024), Friedman Industries, Incorporated's sponsor-wide assets grew 21.3%, from $10M to $12M.
Which 401(k) plans are similar in size to Friedman Industries, Inc. Employees' Retirement & 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Freedom Equity Properties Inc. 401(k) Plan in NV ($10M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Friedman Industries, Inc. Employees' Retirement & 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants, $4M in assets).