401(k) · DOL Form 5500 · 2024

Ferragon Corporation 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
277
Participants Below avg headcount
62nd
Percentile by assets National rank
$48,992
Avg per participant Low balance/head
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Official DOL plan name: Ferragon Corporation Thrift Incentive Plan · Sponsored by Ferragon Corporation · Ohio · Manufacturing

$14M in assets, 277 participants

Ferragon Corporation's Ferragon Corporation Thrift Incentive Plan reported $14M in total assets and 277 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #8,820 in Manufacturing (17,777 peers)

Coverage in Ohio

Ferragon Corporation Thrift Incentive Plan covers 277 participants in Ohio, about 36% of the average Ohio filer (state average ~765 per filing). Assets: $14M.

#8,820
in Manufacturing (17,777 peers)
+13.0%
assets growth YoY

Ferragon Corporation Thrift Incentive Plan's mid-pack asset rank among Manufacturing and all filers

Ferragon Corporation Thrift Incentive Plan vs every filed plan by assets

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

$13,570,822 Top 38% higher than 62% 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

Ferragon Corporation Thrift Incentive 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. Ferragon Corporation Thrift Incentive Plan sits mid-pack in the medium band (277 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ferragon Corporation Thrift Incentive Plan reported participants rose from 202 in the plan year 2023 filing to 277 in the plan year 2024 filing.
  • Ferragon Corporation Thrift Incentive Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Ferragon Corporation Thrift Incentive Plan end-of-year assets rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 341384033 · Ferragon Corporation PY 2024 · 401(k)

Ferragon Corporation Thrift Incentive Plan · $14M · 277 · 62nd

  • ASSETS $14M
  • ASSETS 277
  • ASSETS 62nd
  • ASSETS 401(k)
  • ASSETS near Gc Avantech, LLC 401(k) and Profit Sharing Plan
  • ASSETS ind #8820

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 Ohio →

Ferragon Corporation Thrift Incentive Plan in the asset neighbourhood

Ferragon Corporation Thrift Incentive PlanFerragon Corporation Thrift …$14MGc Avantech, LLC 401(k) and Profit Sharing PlanGc Avantech, LLC 401(k) and …$14MMonnig Global 401(k) Profit Sharing Plan & TrustMonnig Global 401(k) Profit …$14MAritzia 401(k) Plan$14MLearners Edge, LLC 401(k) PlanLearners Edge, LLC 401(k) Pl…$14M
End-of-year total assets ($M) among Ferragon Corporation Thrift Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN341384033
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ferragon Corporation)

Sponsor-wide plan assets over time

All Ferragon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$14M 33.33044484575427% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $10.2M $13.6M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 166 $10M
2023 1 202 $12M
2024 1 277 $14M

Nearby 401(k) Plans in Ohio

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

Ferragon Corporation Thrift Incentive Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Ferragon Corporation Thrift Incentive Plan, Total assets ($B): 0.013570822 · Participants: 277Ferragon Corporation Thrift Incentive PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Ferragon Corporation Thrift Incentive Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Ferragon Corporation Thrift Incentive Plan side-by-side with 3 peers →

Ferragon Corporation Thrift Incentive Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Gc Avantech, LLC 401(k) and Profit Sharing Plan in SC ($14M); by covered participants it is Orthowest, P.C. 401(k) Savings Plan in NE (277 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (277 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 Ferragon Corporation Thrift Incentive Plan assets move in 2024? ▼
Ferragon Corporation Thrift Incentive Plan grew at a solid clip - up 13.0% during 2024, from $12M to $14M. Reported net income was $2M.
How have Ferragon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ferragon Corporation's sponsor-wide assets grew 33.3%, from $10M to $14M.
Which 401(k) plans are similar in size to Ferragon Corporation Thrift Incentive Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gc Avantech, LLC 401(k) and Profit Sharing Plan in SC ($14M, 163 participants).
Which 401(k) plans cover a similar participant headcount to Ferragon Corporation Thrift Incentive Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Orthowest, P.C. 401(k) Savings Plan in NE (277 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 341384033.

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.