401(k) · DOL Form 5500 · 2023

Foundry Commercial, LLC 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
432
Participants Below avg headcount
83rd
Percentile by assets National rank
$94,678
Avg per participant Below avg balance/head
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Official DOL plan name: Foundry Commercial Retirement Savings Plan · Sponsored by Foundry Commercial, LLC · North Carolina · Real Estate

$41M in assets, 432 participants

Foundry Commercial, LLC's Foundry Commercial Retirement Savings Plan reported $41M in total assets and 432 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #4,403 in Real Estate (4,727 peers)

Where Foundry Commercial Retirement Savings Plan sits by assets

Foundry Commercial Retirement Savings Plan sits in the top quartile of all filed plans by assets, $41M for 432 participants (~$94,678/participant), up 35.5% in 2023.

#4,403
in Real Estate (4,727 peers)
+35.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Foundry Commercial Retirement Savings Plan's outsized position by total assets

Foundry Commercial Retirement Savings Plan vs every filed plan by assets

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

$40,900,721 Top 17% higher than 83% 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

Foundry Commercial Retirement Savings 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. Foundry Commercial Retirement Savings Plan sits mid-pack in the medium band (432 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Foundry Commercial Retirement Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Foundry Commercial Retirement Savings Plan end-of-year assets rose from $30M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Foundry Commercial Retirement Savings Plan reported participants rose from 397 in the plan year 2022 filing to 432 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 274210177 · Foundry Commercial, LLC PY 2023 · 401(k)

Foundry Commercial Retirement Savings Plan · $41M · 432 · 83rd

  • TYPE $41M
  • NET 432
  • BOOK 83rd
  • VS-ST 401(k)
  • BOY near Shutts & Bowen, LLP 401(k) Profit Sharing Plan (B)
  • SCH ind #4403

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 Real Estate retirement plans → · Plans in North Carolina →

Foundry Commercial Retirement Savings Plan in the asset neighbourhood

Foundry Commercial Retirement Savings PlanFoundry Commercial Retiremen…$41MShutts & Bowen, LLP 401(k) Profit Sharing Plan (B)Shutts & Bowen, LLP 401(k) P…$41MHershey Creamery Company Savings PlanHershey Creamery Company Sav…$41MClearfield, Inc. 401(k) Plan & TrustClearfield, Inc. 401(k) Plan…$41MQuantcast Corporation 401(k) PlanQuantcast Corporation 401(k)…$41M
End-of-year total assets ($M) among Foundry Commercial Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$41M
Net Income$11M
Employer EIN274210177
Plan Effective Date2015-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Foundry Commercial, LLC)

Sponsor-wide plan assets over time

All Foundry Commercial, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$49M 61.407314129035406% vs 2022
2024 filing year
$20M$30M$40M$50M$60M 202220232024 $30.2M $48.7M ▲ +61.4%
Year Plans Participants Total Assets
2022 1 397 $30M
2023 1 432 $41M
2024 1 475 $49M

Nearby 401(k) Plans in North Carolina

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

Foundry Commercial Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Foundry Commercial Retirement Savings Plan, Total assets ($B): 0.040900721 · Participants: 432Foundry Commercial Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Foundry Commercial Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Foundry Commercial Retirement Savings Plan side-by-side with 3 peers →

Foundry Commercial Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Shutts & Bowen, LLP 401(k) Profit Sharing Plan (B) in FL ($41M); 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.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($41M here).

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 Foundry Commercial Retirement Savings Plan assets move in 2023? ▼
Foundry Commercial Retirement Savings Plan surged - up 35.5% during 2023, from $30M to $41M. Reported net income was $11M.
How have Foundry Commercial, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Foundry Commercial, LLC's sponsor-wide assets grew 61.4%, from $30M to $49M.
Where does Foundry Commercial Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Foundry Commercial Retirement Savings Plan ranks in the 83rd 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 Foundry Commercial Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shutts & Bowen, LLP 401(k) Profit Sharing Plan (B) in FL ($41M, 152 participants).
Which 401(k) plans cover a similar participant headcount to Foundry Commercial Retirement Savings 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).

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 274210177.

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.