401(k) · DOL Form 5500 · 2024
Freudenberg North America LP 401(k) Plan
Data updated 2026-08-11
- $619M
- Total assets
- 6,461
- Participants
- 98th
- Percentile by assets
- $95,840
- Avg per participant
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.
- 98th percentile by assets (of 123,622 plans)
- #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.
- $619M
- total plan assets (2024 EOY)
- 6,461
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $95,840
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Freudenberg Companies 401(k) Retirement Plan reports 6,461 participants - 10x that state average ($619M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $572M |
|---|---|
| Net Assets (End of Year) | $619M |
| Net Income | $47M |
| Employer EIN | 020383413 |
| Plan Effective Date | 1963-10-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Freudenberg North America LP)
| 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
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
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 |
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Freudenberg Companies 401(k) Retirement Plan by total assets, not by location.
- Graco Employee Investment Plan (MN) $619M · 2,618
- Epicor Software 401(k) Savings Plan (TX) $619M · 1,956
- US Lbm Holdings, LLC 401(k) Plan (GA) $620M · 13,176
- Children's of Alabama 401(k) Plan (AL) $618M · 5,422
Frequently Asked Questions
How did Freudenberg Companies 401(k) Retirement Plan assets move in 2024? ▼
How have Freudenberg North America LP plan assets changed over time? ▼
Where does Freudenberg Companies 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Freudenberg Companies 401(k) Retirement Plan? ▼
Next read for Freudenberg Companies 401(k) Retirement …
Filing takeaways
Ways to act on Freudenberg Companies 401(k) Retirement Plan's numbers.
- By total assets, Freudenberg Companies 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Freudenberg North America LP's sponsor-wide assets have grown 26.7% since 2022 across 3 plan years on file. More Manufacturing plans