401(k) · DOL Form 5500 · 2024

Fastening Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
159
Participants Small participant base
74th
Percentile by assets National rank
$158,279
Avg per participant Above avg balance/head
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Official DOL plan name: Fastening Solutions, Inc. Employee Retirement Plan · Sponsored by Fastening Solutions, Inc. · Alabama · Manufacturing

$25M in assets, 159 participants

Fastening Solutions, Inc.'s Fastening Solutions, Inc. Employee Retirement Plan reported $25M in total assets and 159 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,539 in Manufacturing (17,777 peers)

Coverage in Alabama

Fastening Solutions, Inc. Employee Retirement Plan covers 159 participants in Alabama, about 44% of the average Alabama filer (state average ~360 per filing). Assets: $25M.

#11,539
in Manufacturing (17,777 peers)
+3.9%
assets growth YoY

Fastening Solutions, Inc. Employee Retirement Plan's outsized position by total assets

Fastening Solutions, Inc. Employee Retirement Plan vs every filed plan by assets

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

$25,166,430 Top 26% higher than 74% 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

Fastening Solutions, Inc. Employee Retirement 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. Fastening Solutions, Inc. Employee Retirement Plan sits mid-pack in the medium band (159 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fastening Solutions, Inc. Employee Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $951K in the plan year 2024 filing.
  • Fastening Solutions, Inc. Employee Retirement Plan end-of-year assets rose from $24M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Fastening Solutions, Inc. Employee Retirement Plan reported participants rose from 154 in the plan year 2023 filing to 159 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 630400499 · Fastening Solutions, Inc. PY 2024 · 401(k)

Fastening Solutions, Inc. Employee Retirement Plan · $25M · 159 · 74th

  • PART $25M
  • PART 159
  • PART 74th
  • PART 401(k)
  • PART near Turning Point Community Programs 401(k) Retirement Plan
  • PART ind #11539

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 Alabama →

Fastening Solutions, Inc. Employee Retirement Plan in the asset neighbourhood

Fastening Solutions, Inc. Employee Retirement PlanFastening Solutions, Inc. Em…$25MTurning Point Community Programs 401(k) Retirement PlanTurning Point Community Prog…$25MHeacox, Hartman, Koshmrl, Cosgriff & Johnson, P.a. Retirement PlanHeacox, Hartman, Koshmrl, Co…$25MCanal Wood, LLC 401(k) Plan$25MDatabank Imx LLC 401(k) Plan$25M
End-of-year total assets ($M) among Fastening Solutions, Inc. Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$25M
Net Income$951K
Employer EIN630400499
Plan Effective Date1964-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fastening Solutions, Inc.)

Sponsor-wide plan assets over time

All Fastening Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 15.8333567303572% vs 2022
2024 filing year
$20M$22M$24M$26M 202220232024 $21.7M $25.2M ▲ +15.8%
Year Plans Participants Total Assets
2022 1 146 $22M
2023 1 154 $24M
2024 1 159 $25M

Nearby 401(k) Plans in Alabama

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

Fastening Solutions, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Fastening Solutions, Inc. Employee Retirement Plan, Total assets ($B): 0.02516643 · Participants: 159Fastening Solutions, Inc. Employee Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Fastening Solutions, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Fastening Solutions, Inc. Employee Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Turning Point Community Programs 401(k) Retirement Plan in CA ($25M); by covered participants it is Innovative Control Systems, Inc. 401(k) Plan in PA (159 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (159 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 Fastening Solutions, Inc. Employee Retirement Plan assets move in 2024?
Fastening Solutions, Inc. Employee Retirement Plan edged up modestly - up 3.9% during 2024, from $24M to $25M. Reported net income was $951K.
How have Fastening Solutions, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Fastening Solutions, Inc.'s sponsor-wide assets grew 15.8%, from $22M to $25M.
Which 401(k) plans are similar in size to Fastening Solutions, Inc. Employee Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Turning Point Community Programs 401(k) Retirement Plan in CA ($25M, 792 participants).
Which 401(k) plans cover a similar participant headcount to Fastening Solutions, Inc. Employee Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Innovative Control Systems, Inc. 401(k) Plan in PA (159 participants, N/A in assets).