401(k) · DOL Form 5500 · 2022

Trimas Corporation 401(k) Plan

Data updated 2026-08-11

$91M
Total assets
440
Participants
92nd
Percentile by assets
$206,381
Avg per participant
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Official DOL plan name: Trimas Corporation Salaried Retirement Program · Sponsored by Trimas Corporation · Michigan · Manufacturing

$91M in assets, 440 participants

Trimas Corporation's Trimas Corporation Salaried Retirement Program reported $91M in total assets and 440 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #18,155 in Manufacturing (20,602 peers)

Where Trimas Corporation Salaried Retirement Program sits by assets

Trimas Corporation Salaried Retirement Program sits in the top 10% of all filed plans by assets, $91M for 440 participants (~$206,381/participant), down 21.0% in 2022.

$91M
total plan assets (2022 EOY)
440
covered participants
92nd
percentile by assets (of 139,126 plans)
$206,381
avg assets per participant

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Trimas Corporation Salaried Retirement Program sits by total assets

Trimas Corporation Salaried Retirement Program vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$90,807,808 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

State
Industry

Trimas Corporation Salaried Retirement Program vs the 2022 asset distribution

By assets, Trimas Corporation Salaried Retirement Program outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$115M
Net Assets (End of Year)$91M
Net Income-$25M
Employer EIN382687639
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trimas Corporation)

$140M$160M$180M$200M$220M$240M 202220232024 $162M $217M ▲ +34.1%
Total plan assets by year, all Trimas Corporation plans on file
Year Plans Participants Total Assets
2022 3 1,735 $162M
2023 3 1,784 $192M
2024 3 2,167 $217M

Nearby 401(k) Plans in Michigan

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

Trimas Corporation Salaried Retirement Program vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Trimas Corporation S…, Total assets ($B): 0.090807808 · Participants: 440Trimas Corporation S…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
Trimas Corporation Salaried Retirement Program vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Trimas Corporation Salaried Retirement Program by total assets, not by location.

Frequently Asked Questions

How did Trimas Corporation Salaried Retirement Program assets move in 2022?
Trimas Corporation Salaried Retirement Program declined sharply - down 21.0% during 2022, from $115M to $91M. Reported net income was -$25M.
How have Trimas Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Trimas Corporation's sponsor-wide assets grew 34.1%, from $162M to $217M.
Where does Trimas Corporation Salaried Retirement Program rank by assets among Form 5500 filers?
Trimas Corporation Salaried Retirement Program ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Trimas Corporation Salaried Retirement Program?
Among 401(k) plans in other states, the closest by assets is Nexans USA Inc. 401(k) Retirement Savings Plan in SC ($91M, 462 participants).

Next read for Trimas Corporation Salaried Retirement P…

Scale reading

Ways to act on Trimas Corporation Salaried Retirement Program's numbers.

  • By total assets, Trimas Corporation Salaried Retirement Program ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Trimas Corporation's sponsor-wide assets have grown 34.1% since 2022 across 3 plan years on file. More Manufacturing plans