401(k) · DOL Form 5500 · 2024

Financial Designs, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
173
Participants Small participant base
49th
Percentile by assets National rank
$42,151
Avg per participant Low balance/head
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Official DOL plan name: Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Financial Designs, Inc. · Michigan · Finance & Insurance

$7M in assets, 173 participants

Financial Designs, Inc.'s Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust reported $7M in total assets and 173 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #2,895 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust covers 173 participants in Michigan, about 27% of the average Michigan filer (state average ~638 per filing). Assets: $7M.

#2,895
in Finance & Insurance (8,549 peers)
+14.0%
assets growth YoY

Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$7,292,090 49th percentile higher than 49% 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

Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust 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. Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (173 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust reported net income fell from $2M in the plan year 2023 filing to $880K in the plan year 2024 filing.
  • Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 162 in the plan year 2023 filing to 173 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 381944162 · Financial Designs, Inc. PY 2024 · 401(k)

Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust · $7M · 173 · 49th

  • PART $7M
  • TYPE 173
  • NET 49th
  • BOOK 401(k)
  • VS-ST near Hannibal Dental Group, LLC 401(k) Profit Sharing Plan & Trust
  • BOY ind #2895

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 Finance & Insurance retirement plans → · Plans in Michigan →

Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Financial Designs, Inc. 401(k) Profit Sharing Plan and TrustFinancial Designs, Inc. 401(…$7MHannibal Dental Group, LLC 401(k) Profit Sharing Plan & TrustHannibal Dental Group, LLC 4…$7MGlenwood Medical Associates 401(k) PlanGlenwood Medical Associates …$7MSan Tan Ford 401(k)$7MUnicell Body Company, Inc. Profit Sharing/401(k) Savings and RetirementUnicell Body Company, Inc. P…$7M
End-of-year total assets ($M) among Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$880K
Employer EIN381944162
Plan Effective Date1992-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Designs, Inc.)

Sponsor-wide plan assets over time

All Financial Designs, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 59.31880036958359% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $4.58M $7.29M ▲ +59.2%
Year Plans Participants Total Assets
2022 1 150 $5M
2023 1 162 $6M
2024 1 173 $7M

Nearby 401(k) Plans in Michigan

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

Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.00729209 · Participants: 173Financial Designs, Inc. 401(k) Profit Sharing Plan and TrustGeneral 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
Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Hannibal Dental Group, LLC 401(k) Profit Sharing Plan & Trust in MO ($7M); by covered participants it is Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 14.0% during 2024, from $6M to $7M. Reported net income was $880K.
How have Financial Designs, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Financial Designs, Inc.'s sponsor-wide assets grew 59.3%, from $5M to $7M.
Which 401(k) plans are similar in size to Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Hannibal Dental Group, LLC 401(k) Profit Sharing Plan & Trust in MO ($7M, 27 participants).
Which 401(k) plans cover a similar participant headcount to Financial Designs, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants, $8M 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 381944162.

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.