401(k) · DOL Form 5500 · 2022

Somat Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
83
Participants Small participant base
62nd
Percentile by assets National rank
$105,058
Avg per participant Below avg balance/head
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Official DOL plan name: Somat Engineering, Inc. 401(k) Profit Sharing Plan · Sponsored by Somat Engineering, Inc. · Michigan · Professional & Technical Services

$9M in assets, 83 participants

Somat Engineering, Inc.'s Somat Engineering, Inc. 401(k) Profit Sharing Plan reported $9M in total assets and 83 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.

  • #13,046 in Professional & Technical Services (21,562 peers)

Somat Engineering, Inc. multi-year trail

Somat Engineering, Inc.'s plans moved +28.1% in assets from 2022 to 2023; this filing shows Somat Engineering, Inc. 401(k) Profit Sharing Plan at $9M / 83 participants.

#13,046
in Professional & Technical Services (21,562 peers)
-17.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Somat Engineering, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Somat Engineering, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$8,719,789 Top 38% higher than 62% of 139,123 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 2022

Somat Engineering, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somat Engineering, Inc. 401(k) Profit Sharing Plan is a small filing (83 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 382639838 · Somat Engineering, Inc. PY 2022 · 401(k)

Somat Engineering, Inc. 401(k) Profit Sharing Plan · $9M · 83 · 62nd

  • TYPE $9M
  • TYPE 83
  • TYPE 62nd
  • TYPE 401(k)
  • TYPE near Peloton Land Solutions 401(k) Plan
  • TYPE ind #13046

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 Michigan →

Somat Engineering, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Somat Engineering, Inc. 401(k) Profit Sharing PlanSomat Engineering, Inc. 401(…$9MPeloton Land Solutions 401(k) PlanPeloton Land Solutions 401(k…$9MRichmond Nephrology Associates, Inc. Retirement PlanRichmond Nephrology Associat…$9MVillage Farms, L.P. 401(k) Retirement Saving PlanVillage Farms, L.P. 401(k) R…$9MHengrui USA Ltd$9M
End-of-year total assets ($M) among Somat Engineering, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Somat Engineering, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Somat Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 28.12141440578436% vs 2022
2023 filing year
$8M$9M$10M$11M$12M 20222023 $8.72M $11.2M ▲ +28.1%
Year Plans Participants Total Assets
2022 1 83 $9M
2023 1 76 $11M

Somat Engineering, Inc. filing trail (2022)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$9M
Net Income-$2M
Employer EIN382639838
Plan Effective Date1990-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Somat Engineering, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Somat Engineering, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.008719789 · Participants: 83Somat Engineering, Inc. 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The 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): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Somat Engineering, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Somat Engineering, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Peloton Land Solutions 401(k) Plan in TX ($9M); by covered participants it is Hmr Weight Management Services Corp. 401(k) Plan in MA (83 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (83 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Somat Engineering, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Somat Engineering, Inc. 401(k) Profit Sharing Plan declined sharply - down 17.1% during 2022, from $11M to $9M. Reported net income was -$2M.
How have Somat Engineering, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Somat Engineering, Inc.'s sponsor-wide assets grew 28.1%, from $9M to $11M.
Which 401(k) plans are similar in size to Somat Engineering, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Peloton Land Solutions 401(k) Plan in TX ($9M, 167 participants).
Which 401(k) plans cover a similar participant headcount to Somat Engineering, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hmr Weight Management Services Corp. 401(k) Plan in MA (83 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382639838.

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.