401(k) · DOL Form 5500 · 2022

Espec North America, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
245
Participants Below avg headcount
72nd
Percentile by assets National rank
$57,926
Avg per participant Low balance/head
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Official DOL plan name: Espec North America, Inc. 401(k) Retirement Savings Plan · Sponsored by Espec North America, Inc. · Michigan · Manufacturing

$14M in assets, 245 participants

Espec North America, Inc.'s Espec North America, Inc. 401(k) Retirement Savings Plan reported $14M in total assets and 245 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.

  • #12,516 in Manufacturing (20,602 peers)

Coverage in Michigan

Espec North America, Inc. 401(k) Retirement Savings Plan covers 245 participants in Michigan, about 38% of the average Michigan filer (state average ~638 per filing). Assets: $14M.

#12,516
in Manufacturing (20,602 peers)
-14.4%
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.

Espec North America, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

Espec North America, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$14,191,980 Top 28% higher than 72% 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

Espec North America, Inc. 401(k) Retirement Savings 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. Espec North America, Inc. 401(k) Retirement Savings Plan sits mid-pack in the medium band (245 participants).

Plan-year Form 5500 strip

Filing strip 133183033 · Espec North America, Inc. PY 2022 · 401(k)

Espec North America, Inc. 401(k) Retirement Savings Plan · $14M · 245 · 72nd

  • PHOTO $14M
  • IND 245
  • EOY 72nd
  • 5500 401(k)
  • ASSETS near Paragon Retirement Plan and Trust
  • PCT ind #12516

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 →

Espec North America, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Espec North America, Inc. 401(k) Retirement Savings PlanEspec North America, Inc. 40…$14MParagon Retirement Plan and TrustParagon Retirement Plan and …$14MFb Bancorp 401(k) Plan$14MGvs Filtration, Inc. Non Bargained PlanGvs Filtration, Inc. Non Bar…$14MScience and Technology Associates, Inc. Employees 401(k) and Pension PlanScience and Technology Assoc…$14M
End-of-year total assets ($M) among Espec North America, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$2M
Employer EIN133183033
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Espec North America, Inc.)

Sponsor-wide plan assets over time

All Espec North America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 38.80392306077095% vs 2022
2024 filing year
$12M$14M$16M$18M$20M$22M 202220232024 $14.2M $19.7M ▲ +38.8%
Year Plans Participants Total Assets
2022 1 245 $14M
2023 1 237 $17M
2024 1 240 $20M

Nearby 401(k) Plans in Michigan

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

Espec North America, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Espec North America, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.01419198 · Participants: 245Espec North America, Inc. 401(k) Retirement Savings 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
Espec North America, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Espec North America, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Paragon Retirement Plan and Trust in OK ($14M); by covered participants it is Moyer & Son, Inc. 401(k) Plan in PA (245 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (245 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 Espec North America, Inc. 401(k) Retirement Savings Plan assets move in 2022?
Espec North America, Inc. 401(k) Retirement Savings Plan pulled back noticeably - down 14.4% during 2022, from $17M to $14M. Reported net income was -$2M.
How have Espec North America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Espec North America, Inc.'s sponsor-wide assets grew 38.8%, from $14M to $20M.
Which 401(k) plans are similar in size to Espec North America, Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Paragon Retirement Plan and Trust in OK ($14M, 219 participants).
Which 401(k) plans cover a similar participant headcount to Espec North America, Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Moyer & Son, Inc. 401(k) Plan in PA (245 participants, $15M in assets).