401(k) · DOL Form 5500 · 2024

Financial Independence Group, LLC 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
178
Participants Small participant base
70th
Percentile by assets National rank
$108,267
Avg per participant Below avg balance/head
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Official DOL plan name: Financial Independence Corporation Retirement Plan · Sponsored by Financial Independence Group, LLC · North Carolina · Finance & Insurance

$19M in assets, 178 participants

Financial Independence Group, LLC's Financial Independence Corporation Retirement Plan reported $19M in total assets and 178 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,642 in Finance & Insurance (8,549 peers)

Coverage in North Carolina

Financial Independence Corporation Retirement Plan covers 178 participants in North Carolina, about 22% of the average North Carolina filer (state average ~819 per filing). Assets: $19M.

#4,642
in Finance & Insurance (8,549 peers)
+17.6%
assets growth YoY

Financial Independence Corporation Retirement Plan's outsized position by total assets

Financial Independence Corporation Retirement Plan vs every filed plan by assets

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

$19,271,499 Top 30% higher than 70% 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

Financial Independence Corporation 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. Financial Independence Corporation Retirement Plan sits mid-pack in the medium band (178 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Financial Independence Corporation Retirement Plan reported participants rose from 150 in the plan year 2023 filing to 178 in the plan year 2024 filing.
  • Financial Independence Corporation Retirement Plan end-of-year assets rose from $16M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Financial Independence Corporation Retirement Plan reported net income rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 561346906 · Financial Independence Group, LLC PY 2024 · 401(k)

Financial Independence Corporation Retirement Plan · $19M · 178 · 70th

  • EIN $19M
  • RANK 178
  • PHOTO 70th
  • IND 401(k)
  • EOY near Staffing Partners Holdings 401(k) Plan
  • 5500 ind #4642

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Financial Independence Corporation Retirement Plan in the asset neighbourhood

Financial Independence Corporation Retirement PlanFinancial Independence Corpo…$19MStaffing Partners Holdings 401(k) PlanStaffing Partners Holdings 4…$19MTomra Sorting, Inc. 401(k) Profit Sharing PlanTomra Sorting, Inc. 401(k) P…$19MLrs Architects Employee Savings PlanLrs Architects Employee Savi…$19MU. S. Digital Corp. Profit Sharing Retirement PlanU. S. Digital Corp. Profit S…$19M
End-of-year total assets ($M) among Financial Independence Corporation Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN561346906
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Independence Group, LLC)

Sponsor-wide plan assets over time

All Financial Independence Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$19M 39.3427366577958% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.8M $19.3M ▲ +39.3%
Year Plans Participants Total Assets
2022 1 149 $14M
2023 1 150 $16M
2024 1 178 $19M

Nearby 401(k) Plans in North Carolina

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

Financial Independence Corporation Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Financial Independence Corporation Retirement Plan, Total assets ($B): 0.019271499 · Participants: 178Financial Independence Corporation Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Financial Independence Corporation Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest 401(k) by assets is Staffing Partners Holdings 401(k) Plan in CA ($19M); by covered participants it is Bauer's Intelligent Transportation, Inc. 401(k) Plan in CA (178 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (178 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 Financial Independence Corporation Retirement Plan assets move in 2024?
Financial Independence Corporation Retirement Plan grew sharply - up 17.6% during 2024, from $16M to $19M. Reported net income was $3M.
How have Financial Independence Group, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Financial Independence Group, LLC's sponsor-wide assets grew 39.3%, from $14M to $19M.
Which 401(k) plans are similar in size to Financial Independence Corporation Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Staffing Partners Holdings 401(k) Plan in CA ($19M, 5,991 participants).
Which 401(k) plans cover a similar participant headcount to Financial Independence Corporation Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Bauer's Intelligent Transportation, Inc. 401(k) Plan in CA (178 participants, $2M in assets).