401(k) · DOL Form 5500 · 2024

Factor Law Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
98
Participants Small participant base
46th
Percentile by assets National rank
$63,365
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Factor 401(k) Retirement Plan · Sponsored by Factor Law Inc. · Illinois · Professional & Technical Services

$6M in assets, 98 participants

Factor Law Inc.'s Factor 401(k) Retirement Plan reported $6M in total assets and 98 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #8,876 in Professional & Technical Services (20,173 peers)

Factor Law Inc. multi-year trail

Factor Law Inc.'s plans moved +36.6% in assets from 2022 to 2024; this filing shows Factor 401(k) Retirement Plan at $6M / 98 participants.

#8,876
in Professional & Technical Services (20,173 peers)
+13.7%
assets growth YoY

Factor 401(k) Retirement Plan's mid-pack asset rank among Professional & Technical Services and all filers

Factor 401(k) Retirement Plan vs every filed plan by assets

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

$6,209,746 46th percentile higher than 46% 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

Factor 401(k) 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. Factor 401(k) Retirement Plan is a small filing (98 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Factor 401(k) Retirement Plan reported participants fell from 176 in the plan year 2023 filing to 98 in the plan year 2024 filing.
  • Factor 401(k) Retirement Plan reported net income fell from $918K in the plan year 2023 filing to $748K in the plan year 2024 filing.
  • Factor 401(k) Retirement Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 833433229 · Factor Law Inc. PY 2024 · 401(k)

Factor 401(k) Retirement Plan · $6M · 98 · 46th

  • PHOTO $6M
  • PHOTO 98
  • PHOTO 46th
  • PHOTO 401(k)
  • PHOTO near California Bankers Association
  • PHOTO ind #8876

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Factor 401(k) Retirement Plan in the asset neighbourhood

Factor 401(k) Retirement Plan$6MCalifornia Bankers AssociationCalifornia Bankers Associati…$6MMachinify 401(k) Plan$6MGrand Savings Bank 401(k) PlanGrand Savings Bank 401(k) Pl…$6MAssociated Students San Jose State University 401(k) PlanAssociated Students San Jose…$6M
End-of-year total assets ($M) among Factor 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Factor Law Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Factor Law Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 36.60439070189811% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M$6.5M 202220232024 $4.55M $6.21M ▲ +36.5%
Year Plans Participants Total Assets
2022 1 188 $5M
2023 1 176 $5M
2024 1 98 $6M

Factor Law Inc. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$748K
Employer EIN833433229
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Factor 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Factor 401(k) Retirement Plan, Total assets ($B): 0.006209746 · Participants: 98Factor 401(k) Retirement PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Factor 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

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

Outside Illinois, the nearest 401(k) by assets is California Bankers Association in CA ($6M); by covered participants it is Premier Medical Group Profit Sharing Plan in NY (98 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (98 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 Factor 401(k) Retirement Plan assets move in 2024?
Factor 401(k) Retirement Plan grew at a solid clip - up 13.7% during 2024, from $5M to $6M. Reported net income was $748K.
How have Factor Law Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Factor Law Inc.'s sponsor-wide assets grew 36.6%, from $5M to $6M.
Which 401(k) plans are similar in size to Factor 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is California Bankers Association in CA ($6M, 16 participants).
Which 401(k) plans cover a similar participant headcount to Factor 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Premier Medical Group Profit Sharing Plan in NY (98 participants, $21M in assets).