401(k) · DOL Form 5500 · 2024

Flexsteel Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$86M
Total assets
431
Participants
89th
Percentile by assets
$199,209
Avg per participant
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Official DOL plan name: Flexsteel Industries, Inc. 401(k) Plan · Sponsored by Flexsteel Industries, Inc. · Iowa · Manufacturing

$86M in assets, 431 participants

Flexsteel Industries, Inc.'s Flexsteel Industries, Inc. 401(k) Plan reported $86M in total assets and 431 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 123,622 plans)
  • #14,979 in Manufacturing (17,777 peers)

Where Flexsteel Industries, Inc. 401(k) Plan sits by assets

Flexsteel Industries, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $86M for 431 participants (~$199,209/participant), up 0.8% in 2024.

$86M
total plan assets (2024 EOY)
431
covered participants
89th
percentile by assets (of 123,622 plans)
$199,209
avg assets per participant

Where Flexsteel Industries, Inc. 401(k) Plan sits by total assets

Flexsteel Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$85,858,923 Top 11% higher than 89% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Flexsteel Industries, Inc. 401(k) Plan reported net income fell from $11M in the plan year 2023 filing to $687K in the plan year 2024 filing.
  • Flexsteel Industries, Inc. 401(k) Plan reported participants rose from 425 in the plan year 2023 filing to 431 in the plan year 2024 filing.
  • Flexsteel Industries, Inc. 401(k) Plan end-of-year assets rose from $85M in the plan year 2023 filing to $86M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Iowa
Industry
Manufacturing

Flexsteel Industries, Inc. 401(k) Plan vs the 2024 asset distribution

By assets, Flexsteel Industries, Inc. 401(k) Plan outranks 89% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$86M
Net Income$687K
Employer EIN420442319
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flexsteel Industries, Inc.)

$70M$75M$80M$85M$90M 202220232024 $74.3M $85.9M ▲ +15.6%
Total plan assets by year, all Flexsteel Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 1 655 $74M
2023 1 425 $85M
2024 1 431 $86M

Nearby 401(k) Plans in Iowa

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

Flexsteel Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Flexsteel Industries…, Total assets ($B): 0.085858923 · Participants: 431Flexsteel Industries…The Principal Select…, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select…The Rsm US LLP Retir…, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retir…Iowa Health System S…, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System S…The Hy-Vee and Affil…, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affil…Transamerica 401(k) …, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) …
Flexsteel Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Flexsteel Industries, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Flexsteel Industries, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Flexsteel Industries, Inc. 401(k) Plan assets move in 2024? ▼
Flexsteel Industries, Inc. 401(k) Plan held essentially flat - up 0.8% during 2024, from $85M to $86M. Reported net income was $687K.
How have Flexsteel Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Flexsteel Industries, Inc.'s sponsor-wide assets grew 15.6%, from $74M to $86M.
Where does Flexsteel Industries, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Flexsteel Industries, Inc. 401(k) Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Flexsteel Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tpx 401(k) Plan in TX ($86M, 829 participants).

Next read for Flexsteel Industries, Inc. 401(k) Plan

Scale reading

Ways to act on Flexsteel Industries, Inc. 401(k) Plan's numbers.

  • By total assets, Flexsteel Industries, Inc. 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
  • Flexsteel Industries, Inc.'s sponsor-wide assets have grown 15.6% since 2022 across 3 plan years on file. More Manufacturing plans

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 420442319.

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.