401(k) · DOL Form 5500 · 2022
Shannon Precision Fastener, LLC 401(k) Plan
Data updated 2026-08-25
- $15M
- Total assets Small plan by assets
- 237
- Participants Below avg headcount
- 72nd
- Percentile by assets National rank
- $62,298
- Avg per participant Low balance/head
Official DOL plan name: Shannon Precision Fastener 401(k) · Sponsored by Shannon Precision Fastener, LLC · Michigan · Manufacturing
$15M in assets, 237 participants
Shannon Precision Fastener, LLC's Shannon Precision Fastener 401(k) reported $15M in total assets and 237 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.
- #12,684 in Manufacturing (20,602 peers)
Coverage in Michigan
Shannon Precision Fastener 401(k) covers 237 participants in Michigan, about 37% of the average Michigan filer (state average ~638 per filing). Assets: $15M.
- #12,684
- in Manufacturing (20,602 peers)
- -3.5%
- assets change YoY
The plan reported a net loss of $542K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Shannon Precision Fastener 401(k)'s outsized position by total assets
Shannon Precision Fastener 401(k) vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$14,764,547 Top 28% higher than 72% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Shannon Precision Fastener 401(k) 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. Shannon Precision Fastener 401(k) sits mid-pack in the medium band (237 participants).
Published 5500 schedule card
Filing strip 421630807 · Shannon Precision Fastener, LLC PY 2022 · 401(k)
Shannon Precision Fastener 401(k) · $15M · 237 · 72nd
- BOY $15M
- BOY 237
- BOY 72nd
- BOY 401(k)
- BOY near Wellspace Health 401(k) Retirement Savings Plan
- BOY ind #12684
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 Manufacturing retirement plans → · Plans in Michigan →
Shannon Precision Fastener 401(k) in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$542K |
| Employer EIN | 421630807 |
| Plan Effective Date | 2005-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shannon Precision Fastener, LLC)
Sponsor-wide plan assets over time
All Shannon Precision Fastener, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $46M 208.68031372720074% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 237 | $15M |
| 2023 | 1 | 253 | $18M |
| 2024 | 1 | 280 | $46M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Shannon Precision Fastener 401(k)'s out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Wellspace Health 401(k) Retirement Savings Plan in CA ($15M); by covered participants it is Vibrantcare Rehabilitation Inc. 401(k) Profit Sharing Plan and Trust in CA (237 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($15M here).
Similar participant headcount
Nearest other-state filings by covered participants (237 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.