401(k) · DOL Form 5500 · 2024

Freudenberg North America LP 401(k) Plan

Data updated 2026-08-25

$619M
Total assets Above avg plan size
6,461
Participants Above avg headcount
98th
Percentile by assets National rank
$95,840
Avg per participant Below avg balance/head
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Official DOL plan name: Freudenberg Companies 401(k) Retirement Plan · Sponsored by Freudenberg North America LP · Michigan · Manufacturing

$619M in assets, 6,461 participants

Freudenberg North America LP's Freudenberg Companies 401(k) Retirement Plan reported $619M in total assets and 6,461 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #17,105 in Manufacturing (17,777 peers)

Coverage in Michigan

Freudenberg Companies 401(k) Retirement Plan covers 6,461 participants in Michigan, 10x the typical Michigan plan (state average ~638 per filing). Assets: $619M.

#17,105
in Manufacturing (17,777 peers)
+8.2%
assets growth YoY
6.2×
vs typical plan assets (national mean)

Freudenberg Companies 401(k) Retirement Plan's outsized position by total assets

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

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

$619,219,974 Top 2% higher than 98% 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

Freudenberg Companies 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freudenberg Companies 401(k) Retirement Plan lands in the large band (6,461 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Freudenberg Companies 401(k) Retirement Plan reported net income fell from $78M in the plan year 2023 filing to $47M in the plan year 2024 filing.
  • Freudenberg Companies 401(k) Retirement Plan end-of-year assets rose from $572M in the plan year 2023 filing to $619M in the plan year 2024 filing.
  • Freudenberg Companies 401(k) Retirement Plan reported participants rose from 6,427 in the plan year 2023 filing to 6,461 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 020383413 · Freudenberg North America LP PY 2024 · 401(k)

Freudenberg Companies 401(k) Retirement Plan · $619M · 6,461 · 98th

  • VS-ST $619M
  • VS-ST 6,461
  • VS-ST 98th
  • VS-ST 401(k)
  • VS-ST near Graco Employee Investment Plan
  • VS-ST ind #17105

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 Michigan →

Freudenberg Companies 401(k) Retirement Plan in the asset neighbourhood

US Lbm Holdings, LLC 401(k) PlanUS Lbm Holdings, LLC 401(k) …$620MFreudenberg Companies 401(k) Retirement PlanFreudenberg Companies 401(k)…$619MGraco Employee Investment PlanGraco Employee Investment Pl…$619MEpicor Software 401(k) Savings PlanEpicor Software 401(k) Savin…$619MChildren's of Alabama 401(k) PlanChildren's of Alabama 401(k)…$618M
End-of-year total assets ($M) among Freudenberg Companies 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$572M
Net Assets (End of Year)$619M
Net Income$47M
Employer EIN020383413
Plan Effective Date1963-10-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Freudenberg North America LP)

Sponsor-wide plan assets over time

All Freudenberg North America LP plans reported in each filing year

Latest sponsor-wide plan assets
$619M 26.72948552961631% vs 2022
2024 filing year
$450M$500M$550M$600M$650M 202220232024 $489M $619M ▲ +26.7%
Year Plans Participants Total Assets
2022 1 6,103 $489M
2023 1 6,427 $572M
2024 1 6,461 $619M

Nearby 401(k) Plans in Michigan

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

Freudenberg Companies 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Freudenberg Companies 401(k) Retirement Plan, Total assets ($B): 0.619219974 · Participants: 6461Freudenberg Companies 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Freudenberg Companies 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for Freudenberg Companies 401(k) Retirement Plan

Freudenberg Companies 401(k) Retirement Plan reports $619M in end-of-year assets across 6,461 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $95,840 per participant (69% of the national average assets-per-participant) . Net income for plan year 2024 was $47M.

This plan identity (EIN 020383413, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $489M to $619M (+26.7%) while covered participants moved from 6,103 to 6,461 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,103 $489M Open filing
2023 6,427 $572M Open filing
2024 · index core 6,461 $619M This page

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

Outside Michigan, the nearest 401(k) by assets is Graco Employee Investment Plan in MN ($619M); by covered participants it is Rev Group, Inc. 401(k) Retirement Plan in WI (6,457 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($619M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,461 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 Freudenberg Companies 401(k) Retirement Plan assets move in 2024? ▼
Freudenberg Companies 401(k) Retirement Plan grew at a solid clip - up 8.2% during 2024, from $572M to $619M. Reported net income was $47M.
How have Freudenberg North America LP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Freudenberg North America LP's sponsor-wide assets grew 26.7%, from $489M to $619M.
Where does Freudenberg Companies 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Freudenberg Companies 401(k) Retirement Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Freudenberg Companies 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Graco Employee Investment Plan in MN ($619M, 2,618 participants).
Which 401(k) plans cover a similar participant headcount to Freudenberg Companies 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rev Group, Inc. 401(k) Retirement Plan in WI (6,457 participants, $350M in assets).