401(k) · DOL Form 5500 · 2024

Forman Design, Inc. 401(k) Plan

Data updated 2026-08-25

$510K
Total assets Small plan by assets
10
Participants Small participant base
18th
Percentile by assets National rank
$50,996
Avg per participant Low balance/head
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Official DOL plan name: Forman Design, Inc. 401(k) Profit Sharing Plan · Sponsored by Forman Design, Inc. · Virginia · Construction

$510K in assets, 10 participants

Forman Design, Inc.'s Forman Design, Inc. 401(k) Profit Sharing Plan reported $510K in total assets and 10 participants in its 2024 DOL Form 5500 filing, ranking in the 18th 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.

  • #1,552 in Construction (9,039 peers)

Forman Design, Inc. multi-year trail

Forman Design, Inc.'s plans moved -51.1% in assets from 2022 to 2024; this filing shows Forman Design, Inc. 401(k) Profit Sharing Plan at $510K / 10 participants.

#1,552
in Construction (9,039 peers)
-36.1%
assets change YoY

The plan reported a net loss of $288K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Forman Design, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Forman Design, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$509,956 18th percentile higher than 18% 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

Forman Design, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Forman Design, Inc. 401(k) Profit Sharing Plan is a micro filing (10 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Forman Design, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $798K in the plan year 2023 filing to $510K in the plan year 2024 filing.
  • Forman Design, Inc. 401(k) Profit Sharing Plan reported net income fell from -$246K in the plan year 2023 filing to -$288K in the plan year 2024 filing.
  • Forman Design, Inc. 401(k) Profit Sharing Plan reported participants rose from 9 in the plan year 2023 filing to 10 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 273472585 · Forman Design, Inc. PY 2024 · 401(k)

Forman Design, Inc. 401(k) Profit Sharing Plan · $510K · 10 · 18th

  • NET $510K
  • NET 10
  • NET 18th
  • NET 401(k)
  • NET near Senmcac 401(k) Plan
  • NET ind #1552

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 Construction retirement plans → · Plans in Virginia →

Forman Design, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Forman Design, Inc. 401(k) Profit Sharing PlanForman Design, Inc. 401(k) P…$510KSenmcac 401(k) Plan$510KTyton Corp 401(k) Plan$510KWhere the Winds Blow Inc 401(k) PlanWhere the Winds Blow Inc 401…$510KPlacitas Realty, Inc. 401(k) Profit Sharing PlanPlacitas Realty, Inc. 401(k)…$510K
End-of-year total assets ($M) among Forman Design, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Forman Design, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Forman Design, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$510K 51.129485454496674% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M 202220232024 $1.04M $0.51M ▼ -51.0%
Year Plans Participants Total Assets
2022 1 7 $1M
2023 1 9 $798K
2024 1 10 $510K

Forman Design, Inc. filing trail (2024)

Total Assets (Beginning of Year)$798K
Net Assets (End of Year)$510K
Net Income-$288K
Employer EIN273472585
Plan Effective Date2010-09-16
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Forman Design, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Forman Design, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.000509956 · Participants: 10Forman Design, Inc. 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Forman Design, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Forman Design, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Forman Design, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Senmcac 401(k) Plan in NM ($510K); by covered participants it is Hero Home Services 401(k) Plan in MN (10 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($510K here).

Similar participant headcount

Nearest other-state filings by covered participants (10 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 Forman Design, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Forman Design, Inc. 401(k) Profit Sharing Plan contracted severely - down 36.1% during 2024, from $798K to $510K. Reported net income was -$288K.
How have Forman Design, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Forman Design, Inc.'s sponsor-wide assets declined 51.1%, from $1M to $510K.
Where does Forman Design, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Forman Design, Inc. 401(k) Profit Sharing Plan ranks in the 18th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Forman Design, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Senmcac 401(k) Plan in NM ($510K, 105 participants).
Which 401(k) plans cover a similar participant headcount to Forman Design, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hero Home Services 401(k) Plan in MN (10 participants, N/A 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 273472585.

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.