401(k) · DOL Form 5500 · 2024

Formel D USA, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
334
Participants Below avg headcount
33rd
Percentile by assets National rank
$8,541
Avg per participant Low balance/head
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Official DOL plan name: Formel D USA, Inc 401(k) Profit Sharing Plan · Sponsored by Formel D USA, Inc. · South Carolina · Wholesale Trade

$3M in assets, 334 participants

Formel D USA, Inc.'s Formel D USA, Inc 401(k) Profit Sharing Plan reported $3M in total assets and 334 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #1,367 in Wholesale Trade (6,080 peers)

Formel D USA, Inc. multi-year trail

Formel D USA, Inc.'s plans moved +46.3% in assets from 2022 to 2024; this filing shows Formel D USA, Inc 401(k) Profit Sharing Plan at $3M / 334 participants.

#1,367
in Wholesale Trade (6,080 peers)
+6.6%
assets growth YoY

Formel D USA, Inc 401(k) Profit Sharing Plan among the smaller filed plans by assets

Formel D USA, Inc 401(k) Profit Sharing Plan vs every filed plan by assets

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

$2,852,694 33rd percentile higher than 33% 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

Formel D USA, Inc 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Formel D USA, Inc 401(k) Profit Sharing Plan sits mid-pack in the medium band (334 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Formel D USA, Inc 401(k) Profit Sharing Plan reported net income fell from $726K in the plan year 2023 filing to $177K in the plan year 2024 filing.
  • Formel D USA, Inc 401(k) Profit Sharing Plan reported participants rose from 295 in the plan year 2023 filing to 334 in the plan year 2024 filing.
  • Formel D USA, Inc 401(k) Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 980425677 · Formel D USA, Inc. PY 2024 · 401(k)

Formel D USA, Inc 401(k) Profit Sharing Plan · $3M · 334 · 33rd

  • EIN $3M
  • RANK 334
  • PHOTO 33rd
  • IND 401(k)
  • EOY near R.S. Weir General Contracting, Inc. 401(k) Plan
  • 5500 ind #1367

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 South Carolina →

Formel D USA, Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Formel D USA, Inc 401(k) Profit Sharing PlanFormel D USA, Inc 401(k) Pro…$3MR.S. Weir General Contracting, Inc. 401(k) PlanR.S. Weir General Contractin…$3MBaychem, Inc. 401(k) Plan$3MFound Health Inc. 401(k)$3MDrcs Employee 401(k) and Profit Sharing PlanDrcs Employee 401(k) and Pro…$3M
End-of-year total assets ($M) among Formel D USA, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Formel D USA, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Formel D USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 46.327343681473835% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.95M $2.85M ▲ +46.2%
Year Plans Participants Total Assets
2022 1 400 $2M
2023 1 295 $3M
2024 1 334 $3M

Formel D USA, Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$177K
Employer EIN980425677
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

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

Formel D USA, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Formel D USA, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.002852694 · Participants: 334Formel D USA, Inc 401(k) Profit Sharing PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Formel D USA, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Formel D USA, Inc 401(k) Profit Sharing Plan side-by-side with 3 peers →

Formel D USA, Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is R.S. Weir General Contracting, Inc. 401(k) Plan in HI ($3M); by covered participants it is Lenny's Gas N Wash 401(k) Plan in IL (334 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (334 participants); 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 Formel D USA, Inc 401(k) Profit Sharing Plan assets move in 2024? ▼
Formel D USA, Inc 401(k) Profit Sharing Plan grew at a solid clip - up 6.6% during 2024, from $3M to $3M. Reported net income was $177K.
How have Formel D USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Formel D USA, Inc.'s sponsor-wide assets grew 46.3%, from $2M to $3M.
Which 401(k) plans are similar in size to Formel D USA, Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is R.S. Weir General Contracting, Inc. 401(k) Plan in HI ($3M, 43 participants).
Which 401(k) plans cover a similar participant headcount to Formel D USA, Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lenny's Gas N Wash 401(k) Plan in IL (334 participants, $3M 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 980425677.

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.