Profit Sharing · DOL Form 5500 · 2024
Friedman Industried, Incorporated Profit Sharing Plan
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 241
- Participants Below avg headcount
- 59th
- Percentile by assets National rank
- $49,300
- Avg per participant Low balance/head
Official DOL plan name: Friedman Industries, Inc. Employees' Retirement & 401(k) Plan · Sponsored by Friedman Industried, Incorporated · Texas · Wholesale Trade
$12M in assets, 241 participants
Friedman Industried, Incorporated's Friedman Industries, Inc. Employees' Retirement & 401(k) Plan reported $12M in total assets and 241 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.
- #3,122 in Wholesale Trade (6,080 peers)
Coverage in Texas
Friedman Industries, Inc. Employees' Retirement & 401(k) Plan covers 241 participants in Texas, about 35% of the average Texas filer (state average ~688 per filing). Assets: $12M.
- #3,122
- in Wholesale Trade (6,080 peers)
- +21.3%
- assets growth YoY
Friedman Industries, Inc. Employees' Retirement & 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers
Friedman Industries, Inc. Employees' Retirement & 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$11,881,312 Top 41% higher than 59% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Friedman Industries, Inc. Employees' Retirement & 401(k) 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. Friedman Industries, Inc. Employees' Retirement & 401(k) Plan sits mid-pack in the medium band (241 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Friedman Industries, Inc. Employees' Retirement & 401(k) Plan reported participants rose from 179 in the plan year 2023 filing to 241 in the plan year 2024 filing.
- Friedman Industries, Inc. Employees' Retirement & 401(k) Plan end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- Friedman Industries, Inc. Employees' Retirement & 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 741504405 · Friedman Industried, Incorporated PY 2024 · Profit Sharing
Friedman Industries, Inc. Employees' Retirement & 401(k) Plan · $12M · 241 · 59th
- BOOK $12M
- BOOK 241
- BOOK 59th
- BOOK Profit Sharing
- BOOK near Concepts of Independence, Inc. Supplemental Retirement Plan
- BOOK ind #3122
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 Wholesale Trade retirement plans → · Plans in Texas →
Friedman Industries, Inc. Employees' Retirement & 401(k) Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $12M |
| Net Income | $2M |
| Employer EIN | 741504405 |
| Plan Effective Date | 1997-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Friedman Industried, Incorporated)
Sponsor-wide plan assets over time
All Friedman Industried, Incorporated plans reported in each filing year
- Latest sponsor-wide plan assets
- $12M 21.258652375238572% vs 2023
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2023 | 1 | 179 | $10M |
| 2024 | 1 | 241 | $12M |
Nearby Profit Sharing Plans in Texas
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Baylor College of Medicine Retirement Plan $2.0B · 10,721
- H-E-B Partner Stock Plan $1.6B · 103,962
- The Defined Contribution Plan of the Methodist Hospital $1.1B · 31,848
- American Heart Association, Inc. Qualified Retirement Plan $514M · 3,779
- Haynes and Boone Investment Directed Profit Sharing Plan $310M · 1,069
Friedman Industries, Inc. Employees' Retirement & 401(k) Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Texas, the nearest Profit Sharing by assets is Concepts of Independence, Inc. Supplemental Retirement Plan in NY ($12M); by covered participants it is Heat & Frost Insulators Local No. 33 Annuity Plan in CT (241 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
- Concepts of Independence, Inc. Supplemental Retirement Plan (NY) $12M · 4,254
- Willow Brook 403(b) Retirement Plan (OH) $12M · 529
- Shriver Nursing Services, Inc 403(b) Plan (MA) $12M · 134
- Stg Partners, LLC 401(k) Plan (CA) $12M · 68
Similar participant headcount
Nearest other-state filings by covered participants (241 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.