401(k) · DOL Form 5500 · 2022

Binsons Hospital Supplies, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
880
Participants Near avg headcount
58th
Percentile by assets National rank
$8,174
Avg per participant Low balance/head
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Official DOL plan name: Binson's Hospital Supplies, Inc. 401(k) Plan · Sponsored by Binsons Hospital Supplies, Inc. · Michigan · Retail Trade

$7M in assets, 880 participants

Binsons Hospital Supplies, Inc.'s Binson's Hospital Supplies, Inc. 401(k) Plan reported $7M in total assets and 880 participants in its 2022 DOL Form 5500 filing, ranking in the 58th 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.

  • #6,505 in Retail Trade (9,519 peers)

Binsons Hospital Supplies, Inc. multi-year trail

Binsons Hospital Supplies, Inc.'s plans moved +43.5% in assets from 2022 to 2024; this filing shows Binson's Hospital Supplies, Inc. 401(k) Plan at $7M / 880 participants.

#6,505
in Retail Trade (9,519 peers)
-37.4%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Binson's Hospital Supplies, Inc. 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Binson's Hospital Supplies, Inc. 401(k) Plan vs every filed plan by assets

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

$7,193,159 Top 42% higher than 58% 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

Binson's Hospital Supplies, Inc. 401(k) 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. Binson's Hospital Supplies, Inc. 401(k) Plan sits mid-pack in the medium band (880 participants).

Plan-year Form 5500 strip

Filing strip 382236525 · Binsons Hospital Supplies, Inc. PY 2022 · 401(k)

Binson's Hospital Supplies, Inc. 401(k) Plan · $7M · 880 · 58th

  • BOOK $7M
  • VS-ST 880
  • BOY 58th
  • SCH 401(k)
  • EBSA near Sunrise Ford 401(k) Plan
  • PART ind #6505

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 Retail Trade retirement plans → · Plans in Michigan →

Binson's Hospital Supplies, Inc. 401(k) Plan in the asset neighbourhood

Binson's Hospital Supplies, Inc. 401(k) PlanBinson's Hospital Supplies, …$7MSunrise Ford 401(k) Plan$7MPmc 401(k) Retirement Plan$7MCentral Texas Neurology Consultants Retirement PlanCentral Texas Neurology Cons…$7MLarsen Manufacturing, LLC 401(k) Profit Sharing Plan and TrustLarsen Manufacturing, LLC 40…$7M
End-of-year total assets ($M) among Binson's Hospital Supplies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Binsons Hospital Supplies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Binsons Hospital Supplies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 43.5099238039921% vs 2022
2024 filing year
$6M$7M$8M$9M$10M$11M 202220232024 $7.19M $10.3M ▲ +43.5%
Year Plans Participants Total Assets
2022 1 880 $7M
2023 1 747 $9M
2024 1 758 $10M

Binsons Hospital Supplies, Inc. filing trail (2022)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$7M
Net Income-$4M
Employer EIN382236525
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Binson's Hospital Supplies, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Binson's Hospital Supplies, Inc. 401(k) Plan, Total assets ($B): 0.007193159 · Participants: 880Binson's Hospital Supplies, Inc. 401(k) 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
Binson's Hospital Supplies, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Binson's Hospital Supplies, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Sunrise Ford 401(k) Plan in CA ($7M); by covered participants it is Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust in UT (880 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (880 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 Binson's Hospital Supplies, Inc. 401(k) Plan assets move in 2022?
Binson's Hospital Supplies, Inc. 401(k) Plan contracted severely - down 37.4% during 2022, from $11M to $7M. Reported net income was -$4M.
How have Binsons Hospital Supplies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Binsons Hospital Supplies, Inc.'s sponsor-wide assets grew 43.5%, from $7M to $10M.
Which 401(k) plans are similar in size to Binson's Hospital Supplies, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sunrise Ford 401(k) Plan in CA ($7M, 203 participants).
Which 401(k) plans cover a similar participant headcount to Binson's Hospital Supplies, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust in UT (880 participants, $76M in assets).