401(k) · DOL Form 5500 · 2024
Fortune Metal Group Inc. 401(k) Plan
Data updated 2026-08-11
- $17M
- Total assets
- 318
- Participants
- 68th
- Percentile by assets
- $54,899
- Avg per participant
Official DOL plan name: Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla · Sponsored by Fortune Metal Group Inc. · New Jersey · Wholesale Trade
$17M in assets, 318 participants
Fortune Metal Group Inc.'s Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla reported $17M in total assets and 318 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.
- 68th percentile by assets (of 123,622 plans)
- #3,782 in Wholesale Trade (6,080 peers)
Coverage in New Jersey
Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla covers 318 participants in New Jersey, about 38% of the average New Jersey filer (state average ~844 per filing). Assets: $17M.
- $17M
- total plan assets (2024 EOY)
- 318
- covered participants
- 68th
- percentile by assets (of 123,622 plans)
- $54,899
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla end-of-year assets rose from $14M in the plan year 2023 filing to $17M in the plan year 2024 filing.
- Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla reported participants rose from 297 in the plan year 2023 filing to 318 in the plan year 2024 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla reports 318 participants - about 38% of that state average ($17M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $17M |
| Net Income | $3M |
| Employer EIN | 050502730 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fortune Metal Group Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 308 | $11M |
| 2023 | 1 | 297 | $14M |
| 2024 | 1 | 318 | $17M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla's numbers.
- By total assets, Fortune Metal Inc. of Rhode Island 401(k) Profit Sharing Pla ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Fortune Metal Group Inc.'s sponsor-wide assets have grown 60.1% since 2022 across 3 plan years on file. More Wholesale Trade plans