401(k) · DOL Form 5500 · 2024

Farrel Corporation 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
76
Participants Small participant base
60th
Percentile by assets National rank
$160,805
Avg per participant Above avg balance/head
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Official DOL plan name: Farrel Corporation Salary Retirement Plan · Sponsored by Farrel Corporation · Connecticut · Manufacturing

$12M in assets, 76 participants

Farrel Corporation's Farrel Corporation Salary Retirement Plan reported $12M in total assets and 76 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,345 in Manufacturing (17,777 peers)

Farrel Corporation multi-year trail

Farrel Corporation's plans moved +21.8% in assets from 2022 to 2024; this filing shows Farrel Corporation Salary Retirement Plan at $12M / 76 participants.

#8,345
in Manufacturing (17,777 peers)
+6.1%
assets growth YoY

Farrel Corporation Salary Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Farrel Corporation Salary Retirement Plan vs every filed plan by assets

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

$12,221,176 Top 40% higher than 60% 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

Farrel Corporation Salary Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farrel Corporation Salary Retirement Plan is a small filing (76 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farrel Corporation Salary Retirement Plan reported net income fell from $1M in the plan year 2023 filing to $705K in the plan year 2024 filing.
  • Farrel Corporation Salary Retirement Plan end-of-year assets rose from $12M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Farrel Corporation Salary Retirement Plan reported participants rose from 75 in the plan year 2023 filing to 76 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 222689245 · Farrel Corporation PY 2024 · 401(k)

Farrel Corporation Salary Retirement Plan · $12M · 76 · 60th

  • RANK $12M
  • PHOTO 76
  • IND 60th
  • EOY 401(k)
  • 5500 near Active/Carter 401(k) Plan
  • ASSETS ind #8345

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 Connecticut →

Farrel Corporation Salary Retirement Plan in the asset neighbourhood

Farrel Corporation Salary Retirement PlanFarrel Corporation Salary Re…$12MActive/Carter 401(k) Plan$12MSadler Power Train, Inc. Retirement and 401(k) PlanSadler Power Train, Inc. Ret…$12MPacific Coast Termite, Inc. 401(k) PlanPacific Coast Termite, Inc. …$12MLmps Holdings, LLC 401(k) PlanLmps Holdings, LLC 401(k) Pl…$12M
End-of-year total assets ($M) among Farrel Corporation Salary Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Farrel Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Farrel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$12M 21.83005425700737% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $10M $12.2M ▲ +21.8%
Year Plans Participants Total Assets
2022 1 71 $10M
2023 1 75 $12M
2024 1 76 $12M

Farrel Corporation filing trail (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income$705K
Employer EIN222689245
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

Farrel Corporation Salary Retirement Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Farrel Corporation Salary Retirement Plan, Total assets ($B): 0.012221176 · Participants: 76Farrel Corporation Salary Retirement PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Farrel Corporation Salary Retirement Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Farrel Corporation Salary Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Active/Carter 401(k) Plan in MI ($12M); by covered participants it is Maxalea, Inc. 401(k) Plan in MD (76 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (76 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 Farrel Corporation Salary Retirement Plan assets move in 2024?
Farrel Corporation Salary Retirement Plan grew at a solid clip - up 6.1% during 2024, from $12M to $12M. Reported net income was $705K.
How have Farrel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Farrel Corporation's sponsor-wide assets grew 21.8%, from $10M to $12M.
Which 401(k) plans are similar in size to Farrel Corporation Salary Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Active/Carter 401(k) Plan in MI ($12M, 116 participants).
Which 401(k) plans cover a similar participant headcount to Farrel Corporation Salary Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Maxalea, Inc. 401(k) Plan in MD (76 participants, N/A in assets).