Profit Sharing · DOL Form 5500 · 2024

Forbes Farms, Inc. Profit Sharing Plan

Data updated 2026-08-25

$230K
Total assets Small plan by assets
1
Participants Small participant base
11th
Percentile by assets National rank
$230,264
Avg per participant Above avg balance/head
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Official DOL plan name: Forbes Farms, Inc. Retirement Plan · Sponsored by Forbes Farms, Inc. · Michigan · Agriculture, Forestry & Fishing

$230K in assets, 1 participants

Forbes Farms, Inc.'s Forbes Farms, Inc. Retirement Plan reported $230K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 11th 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.

  • #105 in Agriculture, Forestry & Fishing (1,217 peers)

What the 2024 filing shows

Forbes Farms, Inc. Retirement Plan holds $230K for 1 participant - about $230,264 per participant, among the smaller plans by assets on file.

#105
in Agriculture, Forestry & Fishing (1,217 peers)
-0.9%
assets change YoY

The plan reported a net loss of $2K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Forbes Farms, Inc. Retirement Plan among the smaller filed plans by assets

Forbes Farms, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$230,264 11th percentile higher than 11% of 123,620 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 2024

Forbes Farms, Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Forbes Farms, Inc. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Forbes Farms, Inc. Retirement Plan reported net income rose from -$4K in the plan year 2023 filing to -$2K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 465751586 · Forbes Farms, Inc. PY 2024 · Profit Sharing

Forbes Farms, Inc. Retirement Plan · $230K · 1 · 11th

  • RANK $230K
  • RANK 1
  • RANK 11th
  • RANK Profit Sharing
  • RANK near Nocogo Commercial Painting, Inc. Retirement Plan
  • RANK ind #105

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Michigan →

Forbes Farms, Inc. Retirement Plan in the asset neighbourhood

Forbes Farms, Inc. Retirement PlanForbes Farms, Inc. Retiremen…$230KNocogo Commercial Painting, Inc. Retirement PlanNocogo Commercial Painting, …$230KEssex Technology Group, Inc. Employee Stock Ownership PlanEssex Technology Group, Inc.…$230KEvdc Flooring, Inc. Retirement PlanEvdc Flooring, Inc. Retireme…$230KTiny Innovations Inc. Retirement PlanTiny Innovations Inc. Retire…$230K
End-of-year total assets ($M) among Forbes Farms, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$232K
Net Assets (End of Year)$230K
Net Income-$2K
Employer EIN465751586
Plan Effective Date2014-05-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Forbes Farms, Inc.)

Sponsor-wide plan assets over time

All Forbes Farms, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$230K 2.63555140234337% vs 2022
2024 filing year
$0.23M$0.23M$0.24M$0.24M$0.25M 202220232024 $0.24M $0.23M ▼ -4.2%
Year Plans Participants Total Assets
2022 1 1 $236K
2023 1 1 $232K
2024 1 1 $230K

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Forbes Farms, Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Forbes Farms, Inc. Retirement Plan, Total assets ($B): 0.000230264 · Participants: 1Forbes Farms, Inc. Retirement PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity Plan
Forbes Farms, Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Forbes Farms, Inc. Retirement Plan side-by-side with 3 peers →

Forbes Farms, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Nocogo Commercial Painting, Inc. Retirement Plan in CO ($230K); by covered participants it is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Forbes Farms, Inc. Retirement Plan assets move in 2024? ▼
Forbes Farms, Inc. Retirement Plan held essentially flat - down 0.9% during 2024, from $232K to $230K. Reported net income was -$2K.
How have Forbes Farms, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Forbes Farms, Inc.'s sponsor-wide assets declined 2.6%, from $236K to $230K.
Where does Forbes Farms, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Forbes Farms, Inc. Retirement Plan ranks in the 11th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Forbes Farms, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Nocogo Commercial Painting, Inc. Retirement Plan in CO ($230K, N/A participants).
Which Profit Sharing plans cover a similar participant headcount to Forbes Farms, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 465751586.

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.