401(k) · DOL Form 5500 · 2024

Formetco, Incorporated 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
157
Participants Small participant base
72nd
Percentile by assets National rank
$136,676
Avg per participant Near avg balance/head
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Official DOL plan name: Formetco, Incorporated Profit Sharing and 401(k) Plan · Sponsored by Formetco, Incorporated · Georgia · Manufacturing

$21M in assets, 157 participants

Formetco, Incorporated's Formetco, Incorporated Profit Sharing and 401(k) Plan reported $21M in total assets and 157 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #10,925 in Manufacturing (17,777 peers)

Coverage in Georgia

Formetco, Incorporated Profit Sharing and 401(k) Plan covers 157 participants in Georgia, about 14% of the average Georgia filer (state average ~1,096 per filing). Assets: $21M.

#10,925
in Manufacturing (17,777 peers)
+16.0%
assets growth YoY

Formetco, Incorporated Profit Sharing and 401(k) Plan's outsized position by total assets

Formetco, Incorporated Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$21,458,098 Top 28% higher than 72% 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

Formetco, Incorporated Profit Sharing and 401(k) 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. Formetco, Incorporated Profit Sharing and 401(k) Plan sits mid-pack in the medium band (157 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Formetco, Incorporated Profit Sharing and 401(k) Plan reported participants rose from 133 in the plan year 2023 filing to 157 in the plan year 2024 filing.
  • Formetco, Incorporated Profit Sharing and 401(k) Plan end-of-year assets rose from $18M in the plan year 2023 filing to $21M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 581036723 · Formetco, Incorporated PY 2024 · 401(k)

Formetco, Incorporated Profit Sharing and 401(k) Plan · $21M · 157 · 72nd

  • PHOTO $21M
  • PHOTO 157
  • PHOTO 72nd
  • PHOTO 401(k)
  • PHOTO near Jhcc Holdings LLC 401(k) Plan
  • PHOTO ind #10925

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 Manufacturing retirement plans → · Plans in Georgia →

Formetco, Incorporated Profit Sharing and 401(k) Plan in the asset neighbourhood

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End-of-year total assets ($M) among Formetco, Incorporated Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN581036723
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Formetco, Incorporated)

Sponsor-wide plan assets over time

All Formetco, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$21M 38.56753925890146% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $15.5M $21.5M ▲ +38.5%
Year Plans Participants Total Assets
2022 1 96 $15M
2023 1 133 $18M
2024 1 157 $21M

Nearby 401(k) Plans in Georgia

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

Formetco, Incorporated Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Formetco, Incorporated Profit Sharing and 401(k) Plan, Total assets ($B): 0.021458098 · Participants: 157Formetco, Incorporated Profit Sharing and 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
Formetco, Incorporated Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Formetco, Incorporated Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Jhcc Holdings LLC 401(k) Plan in AL ($21M); by covered participants it is Otis It Inc in DE (157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Formetco, Incorporated Profit Sharing and 401(k) Plan assets move in 2024?
Formetco, Incorporated Profit Sharing and 401(k) Plan grew sharply - up 16.0% during 2024, from $18M to $21M. Reported net income was $3M.
How have Formetco, Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Formetco, Incorporated's sponsor-wide assets grew 38.6%, from $15M to $21M.
Which 401(k) plans are similar in size to Formetco, Incorporated Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Jhcc Holdings LLC 401(k) Plan in AL ($21M, 2,533 participants).
Which 401(k) plans cover a similar participant headcount to Formetco, Incorporated Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Otis It Inc in DE (157 participants, $63K in assets).