401(k) · DOL Form 5500 · 2023

Fortune Metal Group Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
297
Participants Below avg headcount
66th
Percentile by assets National rank
$48,438
Avg per participant Low balance/head
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Official DOL plan name: Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla · Sponsored by Fortune Metal Group Inc. · New Jersey · Wholesale Trade

$14M in assets, 297 participants

Fortune Metal Group Inc.'s Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla reported $14M in total assets and 297 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #3,809 in Wholesale Trade (6,309 peers)

Coverage in New Jersey

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla covers 297 participants in New Jersey, about 35% of the average New Jersey filer (state average ~844 per filing). Assets: $14M.

#3,809
in Wholesale Trade (6,309 peers)
+31.9%
assets growth YoY

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla's mid-pack asset rank among Wholesale Trade and all filers

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla vs every filed plan by assets

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

$14,386,117 Top 34% higher than 66% 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

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla 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. Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla sits mid-pack in the medium band (297 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla end-of-year assets rose from $11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla reported participants fell from 308 in the plan year 2022 filing to 297 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 050502730 · Fortune Metal Group Inc. PY 2023 · 401(k)

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla · $14M · 297 · 66th

  • BOY $14M
  • BOY 297
  • BOY 66th
  • BOY 401(k)
  • BOY near Christian Appalachian Project, Inc. Employee Savings Plan
  • BOY ind #3809

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 New Jersey →

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla in the asset neighbourhood

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing PlaFortune Metal Inc. of Rhode …$14MChristian Appalachian Project, Inc. Employee Savings PlanChristian Appalachian Projec…$14MAcacia Savings Plan$14MRizzo International, Inc. 401(k) Profit Sharing PlanRizzo International, Inc. 40…$14MLmc Enterprises 401(k) Plan$14M
End-of-year total assets ($M) among Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN050502730
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortune Metal Group Inc.)

Sponsor-wide plan assets over time

All Fortune Metal Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 60.066835152792784% vs 2022
2024 filing year
$10M$12M$14M$16M$18M$20M 202220232024 $10.9M $17.5M ▲ +60.0%
Year Plans Participants Total Assets
2022 1 308 $11M
2023 1 297 $14M
2024 1 318 $17M

Nearby 401(k) Plans in New Jersey

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

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla, Total assets ($B): 0.014386117 · Participants: 297Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing PlaJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla vs. nearby 401(k) plans in New Jersey, assets vs. participants

Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Christian Appalachian Project, Inc. Employee Savings Plan in KY ($14M); by covered participants it is Pretzels, Inc. 401(k) & Profit Sharing Plan in IN (297 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (297 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 Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla assets move in 2023?
Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla surged - up 31.9% during 2023, from $11M to $14M. Reported net income was $3M.
How have Fortune Metal Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Fortune Metal Group Inc.'s sponsor-wide assets grew 60.1%, from $11M to $17M.
Which 401(k) plans are similar in size to Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla?
Among 401(k) plans in other states, the closest by assets is Christian Appalachian Project, Inc. Employee Savings Plan in KY ($14M, 152 participants).
Which 401(k) plans cover a similar participant headcount to Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla?
Among 401(k) plans in other states, the closest by covered participants is Pretzels, Inc. 401(k) & Profit Sharing Plan in IN (297 participants, N/A in assets).