401(k) · DOL Form 5500 · 2024

Faegre Drinker Biddle & Reath LLP 401(k) Plan

Data updated 2026-08-25

$773M
Total assets Above avg plan size
1,345
Participants Near avg headcount
98th
Percentile by assets National rank
$574,489
Avg per participant High balance/head
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Official DOL plan name: Faegre Drinker Retirement Savings Plan 2 · Sponsored by Faegre Drinker Biddle & Reath LLP · Minnesota · Professional & Technical Services

$773M in assets, 1,345 participants

Faegre Drinker Biddle & Reath LLP's Faegre Drinker Retirement Savings Plan 2 reported $773M in total assets and 1,345 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #19,909 in Professional & Technical Services (20,173 peers)

Where Faegre Drinker Retirement Savings Plan 2 sits by assets

Faegre Drinker Retirement Savings Plan 2 sits in the top 5% of all filed plans by assets, $773M for 1,345 participants (~$574,489/participant), up 12.0% in 2024.

#19,909
in Professional & Technical Services (20,173 peers)
+12.0%
assets growth YoY
7.8×
vs typical plan assets (national mean)

Faegre Drinker Retirement Savings Plan 2's outsized position by total assets

Faegre Drinker Retirement Savings Plan 2 vs every filed plan by assets

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

$772,687,737 Top 2% higher than 98% 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

Faegre Drinker Retirement Savings Plan 2's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faegre Drinker Retirement Savings Plan 2 lands in the large band (1,345 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Faegre Drinker Retirement Savings Plan 2 reported net income fell from $99M in the plan year 2023 filing to $83M in the plan year 2024 filing.
  • Faegre Drinker Retirement Savings Plan 2 end-of-year assets rose from $690M in the plan year 2023 filing to $773M in the plan year 2024 filing.
  • Faegre Drinker Retirement Savings Plan 2 reported participants fell from 1,396 in the plan year 2023 filing to 1,345 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410244008 · Faegre Drinker Biddle & Reath LLP PY 2024 · 401(k)

Faegre Drinker Retirement Savings Plan 2 · $773M · 1,345 · 98th

  • PHOTO $773M
  • IND 1,345
  • EOY 98th
  • 5500 401(k)
  • ASSETS near Danone U.S. 401(k) Plan
  • PCT ind #19909

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Faegre Drinker Retirement Savings Plan 2 in the asset neighbourhood

Averitt Express, Inc. Profit Sharing and 401(k) PlanAveritt Express, Inc. Profit…$775MFaegre Drinker Retirement Savings Plan 2Faegre Drinker Retirement Sa…$773MDanone U.S. 401(k) Plan$773MU. a. Local No. 393 Defined Contribution PlanU. a. Local No. 393 Defined …$772MErgon 401(k) Plan$771M
End-of-year total assets ($M) among Faegre Drinker Retirement Savings Plan 2 and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$690M
Net Assets (End of Year)$773M
Net Income$83M
Employer EIN410244008
Plan Effective Date2021-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faegre Drinker Biddle & Reath LLP)

Sponsor-wide plan assets over time

All Faegre Drinker Biddle & Reath LLP plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 26.964247118493027% vs 2022
2024 filing year
$1.1B$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.21B $1.54B ▲ +27.3%
Year Plans Participants Total Assets
2022 2 2,885 $1.2B
2023 2 2,798 $1.4B
2024 2 2,697 $1.5B

Nearby 401(k) Plans in Minnesota

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

Faegre Drinker Retirement Savings Plan 2 vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Faegre Drinker Retirement Savings Plan 2, Total assets ($B): 0.772687737 · Participants: 1345Faegre Drinker Retirement Savings Plan 2Wells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Faegre Drinker Retirement Savings Plan 2 vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Faegre Drinker Retirement Savings Plan 2 side-by-side with 3 peers →

Faegre Drinker Retirement Savings Plan 2's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Danone U.S. 401(k) Plan in NY ($773M); by covered participants it is Ncino, Inc. 401(k) Plan in NC (1,345 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($773M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,345 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 Faegre Drinker Retirement Savings Plan 2 assets move in 2024? ▼
Faegre Drinker Retirement Savings Plan 2 grew at a solid clip - up 12.0% during 2024, from $690M to $773M. Reported net income was $83M.
How have Faegre Drinker Biddle & Reath LLP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Faegre Drinker Biddle & Reath LLP's sponsor-wide assets grew 27.0%, from $1.2B to $1.5B.
Where does Faegre Drinker Retirement Savings Plan 2 rank by assets among Form 5500 filers? ▼
Faegre Drinker Retirement Savings Plan 2 ranks in the 98th 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 Faegre Drinker Retirement Savings Plan 2? ▼
Among 401(k) plans in other states, the closest by assets is Danone U.S. 401(k) Plan in NY ($773M, 5,411 participants).
Which 401(k) plans cover a similar participant headcount to Faegre Drinker Retirement Savings Plan 2? ▼
Among 401(k) plans in other states, the closest by covered participants is Ncino, Inc. 401(k) Plan in NC (1,345 participants, $110M 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 410244008.

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.