401(k) · DOL Form 5500 · 2023

Functional Devices, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
177
Participants Small participant base
44th
Percentile by assets National rank
$28,273
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Functional Devices 401(k) Profit Sharing Plan · Sponsored by Functional Devices, Inc. · Indiana · Manufacturing

$5M in assets, 177 participants

Functional Devices, Inc.'s Functional Devices 401(k) Profit Sharing Plan reported $5M in total assets and 177 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

  • #5,159 in Manufacturing (18,722 peers)

Coverage in Indiana

Functional Devices 401(k) Profit Sharing Plan covers 177 participants in Indiana, about 33% of the average Indiana filer (state average ~541 per filing). Assets: $5M.

#5,159
in Manufacturing (18,722 peers)
+29.4%
assets growth YoY

Functional Devices 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Functional Devices 401(k) Profit Sharing Plan vs every filed plan by assets

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

$5,004,260 44th percentile higher than 44% 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

Functional Devices 401(k) Profit Sharing 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. Functional Devices 401(k) Profit Sharing Plan sits mid-pack in the medium band (177 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Functional Devices 401(k) Profit Sharing Plan reported net income rose from -$365K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Functional Devices 401(k) Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Functional Devices 401(k) Profit Sharing Plan reported participants rose from 138 in the plan year 2022 filing to 177 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 351161515 · Functional Devices, Inc. PY 2023 · 401(k)

Functional Devices 401(k) Profit Sharing Plan · $5M · 177 · 44th

  • VS-ST $5M
  • VS-ST 177
  • VS-ST 44th
  • VS-ST 401(k)
  • VS-ST near Comtel Group 401(k) Plan
  • VS-ST ind #5159

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 Indiana →

Functional Devices 401(k) Profit Sharing Plan in the asset neighbourhood

Functional Devices 401(k) Profit Sharing PlanFunctional Devices 401(k) Pr…$5MComtel Group 401(k) Plan$5MHeavy Materials LLC 401(k) PlanHeavy Materials LLC 401(k) P…$5M401(k) Profit Sharing Plan for Employees of Child & Family Resources, Inc.401(k) Profit Sharing Plan f…$5MMarco Display Specialists, L.P. 401(k) Employees' Saving PlanMarco Display Specialists, L…$5M
End-of-year total assets ($M) among Functional Devices 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$1M
Employer EIN351161515
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Functional Devices, Inc.)

Sponsor-wide plan assets over time

All Functional Devices, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 52.66008212070358% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.87M $5.91M ▲ +52.7%
Year Plans Participants Total Assets
2022 1 138 $4M
2023 1 177 $5M
2024 1 160 $6M

Nearby 401(k) Plans in Indiana

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

Functional Devices 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Functional Devices 401(k) Profit Sharing Plan, Total assets ($B): 0.00500426 · Participants: 177Functional Devices 401(k) Profit Sharing PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Functional Devices 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Functional Devices 401(k) Profit Sharing Plan side-by-side with 3 peers →

Functional Devices 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Comtel Group 401(k) Plan in MA ($5M); by covered participants it is Purolite 401(k) Plan in PA (177 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (177 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 Functional Devices 401(k) Profit Sharing Plan assets move in 2023? ▼
Functional Devices 401(k) Profit Sharing Plan grew sharply - up 29.4% during 2023, from $4M to $5M. Reported net income was $1M.
How have Functional Devices, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Functional Devices, Inc.'s sponsor-wide assets grew 52.7%, from $4M to $6M.
Which 401(k) plans are similar in size to Functional Devices 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Comtel Group 401(k) Plan in MA ($5M, 8 participants).
Which 401(k) plans cover a similar participant headcount to Functional Devices 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Purolite 401(k) Plan in PA (177 participants, N/A 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 351161515.

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.