401(k) · DOL Form 5500 · 2024

Michael Best and Friedrich, LLP 401(k) Plan

Data updated 2026-08-11

$321M
Total assets
691
Participants
96th
Percentile by assets
$464,880
Avg per participant
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Official DOL plan name: Michael Best 401(k) Plan · Sponsored by Michael Best and Friedrich, LLP · Wisconsin · Professional & Technical Services

$321M in assets, 691 participants

Michael Best and Friedrich, LLP's Michael Best 401(k) Plan reported $321M in total assets and 691 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #19,576 in Professional & Technical Services (20,173 peers)

Where Michael Best 401(k) Plan sits by assets

Michael Best 401(k) Plan sits in the top 5% of all filed plans by assets, $321M for 691 participants (~$464,880/participant), up 14.1% in 2024.

$321M
total plan assets (2024 EOY)
691
covered participants
96th
percentile by assets (of 123,622 plans)
$464,880
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michael Best 401(k) Plan end-of-year assets rose from $282M in the plan year 2023 filing to $321M in the plan year 2024 filing.
  • Michael Best 401(k) Plan reported net income rose from $38M in the plan year 2023 filing to $40M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Michael Best 401(k) Plan vs the 2024 asset distribution

By assets, Michael Best 401(k) Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$282M
Net Assets (End of Year)$321M
Net Income$40M
Employer EIN390934985
Plan Effective Date1983-11-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Michael Best and Friedrich, LLP)

$300M$350M$400M 202220232024 $313M $384M ▲ +22.7%
Total plan assets by year, all Michael Best and Friedrich, LLP plans on file
Year Plans Participants Total Assets
2022 2 820 $313M
2023 2 827 $346M
2024 2 797 $384M

Nearby 401(k) Plans in Wisconsin

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

Michael Best 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Michael Best 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Michael Best 401(k) …Advocate Aurora Heal…Johnson Controls Ret…Fiserv 401(k) Saving…Kimberly-Clark Corpo…Rockwell Automation …
Michael Best 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Michael Best 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Michael Best 401(k) Plan assets move in 2024?
Michael Best 401(k) Plan grew at a solid clip - up 14.1% during 2024, from $282M to $321M. Reported net income was $40M.
How have Michael Best and Friedrich, LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Michael Best and Friedrich, LLP's sponsor-wide assets grew 22.7%, from $313M to $384M.
Where does Michael Best 401(k) Plan rank by assets among Form 5500 filers?
Michael Best 401(k) Plan ranks in the 96th 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 Michael Best 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Tdindustries, Inc. 401(k)/ESOP Retirement Plan in TX ($321M, 2,683 participants).

Scale reading

Ways to act on Michael Best 401(k) Plan's numbers.