401(k) · DOL Form 5500 · 2022

Van Michael Salon, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
268
Participants Below avg headcount
76th
Percentile by assets National rank
$70,642
Avg per participant Below avg balance/head
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Official DOL plan name: Van Michael Salon, Inc. 401(k) Profit Sharing Plan · Sponsored by Van Michael Salon, Inc. · Georgia · Other Services

$19M in assets, 268 participants

Van Michael Salon, Inc.'s Van Michael Salon, Inc. 401(k) Profit Sharing Plan reported $19M in total assets and 268 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #7,319 in Other Services (8,398 peers)

Coverage in Georgia

Van Michael Salon, Inc. 401(k) Profit Sharing Plan covers 268 participants in Georgia, about 24% of the average Georgia filer (state average ~1,096 per filing). Assets: $19M.

#7,319
in Other Services (8,398 peers)
-19.8%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Van Michael Salon, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Van Michael Salon, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$18,932,161 Top 24% higher than 76% 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

Van Michael Salon, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Van Michael Salon, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (268 participants).

Plan-year Form 5500 strip

Filing strip 581578856 · Van Michael Salon, Inc. PY 2022 · 401(k)

Van Michael Salon, Inc. 401(k) Profit Sharing Plan · $19M · 268 · 76th

  • PHOTO $19M
  • PHOTO 268
  • PHOTO 76th
  • PHOTO 401(k)
  • PHOTO near Franklin Products, Inc. 401(k) Profit Sharing Plan
  • PHOTO ind #7319

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 Other Services retirement plans → · Plans in Georgia →

Van Michael Salon, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Massachusetts Defined Contribution Core PlanMassachusetts Defined Contri…$19MPorter Pipe & Supply Co. 401(k) PlanPorter Pipe & Supply Co. 401…$19MVan Michael Salon, Inc. 401(k) Profit Sharing PlanVan Michael Salon, Inc. 401(…$19MFranklin Products, Inc. 401(k) Profit Sharing PlanFranklin Products, Inc. 401(…$19MHit Promotional Products, Inc. Retirement PlanHit Promotional Products, In…$19M
End-of-year total assets ($M) among Van Michael Salon, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$5M
Employer EIN581578856
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Van Michael Salon, Inc.)

Sponsor-wide plan assets over time

All Van Michael Salon, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 47.861345569583946% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.9M $28M ▲ +47.9%
Year Plans Participants Total Assets
2022 1 268 $19M
2023 1 285 $24M
2024 1 298 $28M

Nearby 401(k) Plans in Georgia

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

Van Michael Salon, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Van Michael Salon, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.018932161 · Participants: 268Van Michael Salon, Inc. 401(k) Profit Sharing PlanThe Teamster-UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 14.668727371 · Participants: 549610The Teamster-UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 13.242875281 · Participants: 72820Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 11.498981924 · Participants: 12193Delta 401(k) Retirement Plan for PilotsUPS 401 (K) Savings Plan, Total assets ($B): 11.31621995 · Participants: 107310UPS 401 (K) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 10.714648719 · Participants: 423174The Home Depot Futurebuilder
Van Michael Salon, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

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

Outside Georgia, the nearest 401(k) by assets is Franklin Products, Inc. 401(k) Profit Sharing Plan in CT ($19M); by covered participants it is Mcgough Companies 401(k) Plan and Trust in MN (268 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (268 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 Van Michael Salon, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Van Michael Salon, Inc. 401(k) Profit Sharing Plan declined sharply - down 19.8% during 2022, from $24M to $19M. Reported net income was -$5M.
How have Van Michael Salon, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Van Michael Salon, Inc.'s sponsor-wide assets grew 47.9%, from $19M to $28M.
Where does Van Michael Salon, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Van Michael Salon, Inc. 401(k) Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Van Michael Salon, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Franklin Products, Inc. 401(k) Profit Sharing Plan in CT ($19M, 114 participants).
Which 401(k) plans cover a similar participant headcount to Van Michael Salon, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Mcgough Companies 401(k) Plan and Trust in MN (268 participants, $61M in assets).