401(k) · DOL Form 5500 · 2023

Fashion Institute of Design and Merchandising 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
432
Participants Below avg headcount
76th
Percentile by assets National rank
$55,465
Avg per participant Low balance/head
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Official DOL plan name: Fashion Institute of Design and Merchandising 401(k) Plan · Sponsored by Fashion Institute of Design and Merchandising · California · Educational Services

$24M in assets, 432 participants

Fashion Institute of Design and Merchandising's Fashion Institute of Design and Merchandising 401(k) Plan reported $24M in total assets and 432 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #2,234 in Educational Services (3,735 peers)

Where Fashion Institute of Design and Merchandising 401(k) Plan sits by assets

Fashion Institute of Design and Merchandising 401(k) Plan sits in the top quartile of all filed plans by assets, $24M for 432 participants (~$55,465/participant), down 15.0% in 2023.

#2,234
in Educational Services (3,735 peers)
-15.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Fashion Institute of Design and Merchandising 401(k) Plan's outsized position by total assets

Fashion Institute of Design and Merchandising 401(k) Plan vs every filed plan by assets

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

$23,960,833 Top 24% higher than 76% 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

Fashion Institute of Design and Merchandising 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. Fashion Institute of Design and Merchandising 401(k) Plan sits mid-pack in the medium band (432 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fashion Institute of Design and Merchandising 401(k) Plan reported net income rose from -$8M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Fashion Institute of Design and Merchandising 401(k) Plan end-of-year assets fell from $28M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Fashion Institute of Design and Merchandising 401(k) Plan reported participants fell from 437 in the plan year 2022 filing to 432 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 952700597 · Fashion Institute of Design and Merchandising PY 2023 · 401(k)

Fashion Institute of Design and Merchandising 401(k) Plan · $24M · 432 · 76th

  • PHOTO $24M
  • PHOTO 432
  • PHOTO 76th
  • PHOTO 401(k)
  • PHOTO near Dreambox Learning 401(k) Plan
  • PHOTO ind #2234

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 Educational Services retirement plans → · Plans in California →

Fashion Institute of Design and Merchandising 401(k) Plan in the asset neighbourhood

Fashion Institute of Design and Merchandising 401(k) PlanFashion Institute of Design …$24MDreambox Learning 401(k) Plan$24MHonnen Equipment Company Profit Sharing 401(k) Plan and TrustHonnen Equipment Company Pro…$24MEpilog Corporation Profit Sharing PlanEpilog Corporation Profit Sh…$24MO'brien Group 401(k) Plan$24M
End-of-year total assets ($M) among Fashion Institute of Design and Merchandising 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)$28M
Net Assets (End of Year)$24M
Net Income-$4M
Employer EIN952700597
Plan Effective Date1990-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fashion Institute of Design and Merchandising)

Sponsor-wide plan assets over time

All Fashion Institute of Design and Merchandising plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $28.2M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 437 $28M
2023 1 432 $24M
2024 1 255 N/A

Nearby 401(k) Plans in California

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

Fashion Institute of Design and Merchandising 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Fashion Institute of Design and Merchandising 401(k) Plan, Total assets ($B): 0.023960833 · Participants: 432Fashion Institute of Design and Merchandising 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Fashion Institute of Design and Merchandising 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Fashion Institute of Design and Merchandising 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Dreambox Learning 401(k) Plan in WA ($24M); by covered participants it is The Farmers & Merchants State Bank 401(k) Profit Sharing Plan in OH (432 participants). Same-state nearby plans are listed separately above.

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 Fashion Institute of Design and Merchandising 401(k) Plan assets move in 2023?
Fashion Institute of Design and Merchandising 401(k) Plan declined sharply - down 15.0% during 2023, from $28M to $24M. Reported net income was -$4M.
Where does Fashion Institute of Design and Merchandising 401(k) Plan rank by assets among Form 5500 filers?
Fashion Institute of Design and Merchandising 401(k) Plan ranks in the 76th 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 Fashion Institute of Design and Merchandising 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Dreambox Learning 401(k) Plan in WA ($24M, 283 participants).
Which 401(k) plans cover a similar participant headcount to Fashion Institute of Design and Merchandising 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Farmers & Merchants State Bank 401(k) Profit Sharing Plan in OH (432 participants, $39M in assets).