401(k) · DOL Form 5500 · 2023

F.G. Downing Development, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
473
Participants Below avg headcount
79th
Percentile by assets National rank
$62,376
Avg per participant Low balance/head
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Official DOL plan name: F.G. Downing Development, Inc. 401(k) Plan · Sponsored by F.G. Downing Development, Inc. · New York · Retail Trade

$30M in assets, 473 participants

F.G. Downing Development, Inc.'s F.G. Downing Development, Inc. 401(k) Plan reported $30M in total assets and 473 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #7,359 in Retail Trade (8,414 peers)

Where F.G. Downing Development, Inc. 401(k) Plan sits by assets

F.G. Downing Development, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 473 participants (~$62,376/participant), down 5.0% in 2023.

#7,359
in Retail Trade (8,414 peers)
-5.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

F.G. Downing Development, Inc. 401(k) Plan's outsized position by total assets

F.G. Downing Development, Inc. 401(k) Plan vs every filed plan by assets

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

$29,503,663 Top 21% higher than 79% 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

F.G. Downing Development, Inc. 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. F.G. Downing Development, Inc. 401(k) Plan sits mid-pack in the medium band (473 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • F.G. Downing Development, Inc. 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • F.G. Downing Development, Inc. 401(k) Plan end-of-year assets fell from $31M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 161250648 · F.G. Downing Development, Inc. PY 2023 · 401(k)

F.G. Downing Development, Inc. 401(k) Plan · $30M · 473 · 79th

  • EOY $30M
  • 5500 473
  • ASSETS 79th
  • PCT 401(k)
  • EIN near Tiax LLC 401(k) Plan
  • RANK ind #7359

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 Retail Trade retirement plans → · Plans in New York →

F.G. Downing Development, Inc. 401(k) Plan in the asset neighbourhood

Ferno-Washington, Inc. Savings and Retirement PlanFerno-Washington, Inc. Savin…$30MJimcor Retirement Savings PlanJimcor Retirement Savings Pl…$30MF.G. Downing Development, Inc. 401(k) PlanF.G. Downing Development, In…$30MTiax LLC 401(k) Plan$30MExpel, Inc. 401(k) Plan$30M
End-of-year total assets ($M) among F.G. Downing Development, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$30M
Net Income-$2M
Employer EIN161250648
Plan Effective Date1978-02-08
Filing StatusFILING RECEIVED

Sponsor Plan History (F.G. Downing Development, Inc.)

Sponsor-wide plan assets over time

All F.G. Downing Development, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$31M 0.7654838928646341% vs 2022
2024 filing year
$29M$30M$31M$32M 202220232024 $31.1M $31.3M ▲ +0.8%
Year Plans Participants Total Assets
2022 1 474 $31M
2023 1 473 $30M
2024 1 283 $31M

Nearby 401(k) Plans in New York

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

F.G. Downing Development, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants F.G. Downing Development, Inc. 401(k) Plan, Total assets ($B): 0.029503663 · Participants: 473F.G. Downing Development, Inc. 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
F.G. Downing Development, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare F.G. Downing Development, Inc. 401(k) Plan side-by-side with 3 peers →

F.G. Downing Development, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Tiax LLC 401(k) Plan in MA ($30M); by covered participants it is Life Extension Foundation Buyers Club Inc. 401(k) in FL (473 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (473 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 F.G. Downing Development, Inc. 401(k) Plan assets move in 2023? ▼
F.G. Downing Development, Inc. 401(k) Plan pulled back noticeably - down 5.0% during 2023, from $31M to $30M. Reported net income was -$2M.
How have F.G. Downing Development, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), F.G. Downing Development, Inc.'s sponsor-wide assets grew 0.8%, from $31M to $31M.
Where does F.G. Downing Development, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
F.G. Downing Development, Inc. 401(k) Plan ranks in the 79th 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 F.G. Downing Development, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tiax LLC 401(k) Plan in MA ($30M, 57 participants).
Which 401(k) plans cover a similar participant headcount to F.G. Downing Development, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Life Extension Foundation Buyers Club Inc. 401(k) in FL (473 participants, $35M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161250648.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.