401(k) · DOL Form 5500 · 2023

Force America, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
418
Participants Below avg headcount
83rd
Percentile by assets National rank
$92,220
Avg per participant Below avg balance/head
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Official DOL plan name: Force America, Inc. 401(k) Plan · Sponsored by Force America, Inc. · Minnesota · Wholesale Trade

$39M in assets, 418 participants

Force America, Inc.'s Force America, Inc. 401(k) Plan reported $39M in total assets and 418 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.

  • #5,225 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Force America, Inc. 401(k) Plan covers 418 participants in Minnesota, about 37% of the average Minnesota filer (state average ~1,126 per filing). Assets: $39M.

#5,225
in Wholesale Trade (6,309 peers)
+32.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Force America, Inc. 401(k) Plan's outsized position by total assets

Force America, Inc. 401(k) Plan vs every filed plan by assets

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

$38,547,964 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

Force America, 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. Force America, Inc. 401(k) Plan sits mid-pack in the medium band (418 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Force America, Inc. 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Force America, Inc. 401(k) Plan end-of-year assets rose from $29M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Force America, Inc. 401(k) Plan reported participants rose from 397 in the plan year 2022 filing to 418 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 410965174 · Force America, Inc. PY 2023 · 401(k)

Force America, Inc. 401(k) Plan · $39M · 418 · 83rd

  • BOOK $39M
  • VS-ST 418
  • BOY 83rd
  • SCH 401(k)
  • EBSA near Echopark Automotive, Inc. 401(k) Plan
  • PART ind #5225

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 Minnesota →

Force America, Inc. 401(k) Plan in the asset neighbourhood

Force America, Inc. 401(k) PlanForce America, Inc. 401(k) P…$39MEchopark Automotive, Inc. 401(k) PlanEchopark Automotive, Inc. 40…$39MMiller Kaplan Arase LLP 401(k) Profit Sharing PlanMiller Kaplan Arase LLP 401(…$39MBacklund Investment Co Profit Sharing & 401(k) PlanBacklund Investment Co Profi…$39MMillman Companies Profit Sharing PlanMillman Companies Profit Sha…$39M
End-of-year total assets ($M) among Force America, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$39M
Net Income$9M
Employer EIN410965174
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Force America, Inc.)

Sponsor-wide plan assets over time

All Force America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$539M 48.90977636695961% vs 2022
2024 filing year
$300M$400M$500M$600M 202220232024 $362M $539M ▲ +48.9%
Year Plans Participants Total Assets
2022 2 756 $362M
2023 2 830 $465M
2024 2 1,242 $539M

Nearby 401(k) Plans in Minnesota

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

Force America, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Force America, Inc. 401(k) Plan, Total assets ($B): 0.038547964 · Participants: 418Force America, Inc. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Force America, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Force America, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Echopark Automotive, Inc. 401(k) Plan in NC ($39M); by covered participants it is Miller's, Inc. Employees' Profit Sharing Plan in KS (418 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (418 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 Force America, Inc. 401(k) Plan assets move in 2023?
Force America, Inc. 401(k) Plan surged - up 32.1% during 2023, from $29M to $39M. Reported net income was $9M.
How have Force America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Force America, Inc.'s sponsor-wide assets grew 48.9%, from $362M to $539M.
Where does Force America, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Force America, Inc. 401(k) 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 Force America, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Echopark Automotive, Inc. 401(k) Plan in NC ($39M, 1,777 participants).
Which 401(k) plans cover a similar participant headcount to Force America, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Miller's, Inc. Employees' Profit Sharing Plan in KS (418 participants, $52M in assets).