401(k) · DOL Form 5500 · 2022

Besser Company 401(k) Plan

Data updated 2026-08-11

$42M
Total assets
317
Participants
86th
Percentile by assets
$131,082
Avg per participant
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Official DOL plan name: The Employees Retirement Savings Plan of the Besser Companies · Sponsored by Besser Company · Michigan · Manufacturing

$42M in assets, 317 participants

Besser Company's The Employees Retirement Savings Plan of the Besser Companies reported $42M in total assets and 317 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #16,510 in Manufacturing (20,602 peers)

Coverage in Michigan

The Employees Retirement Savings Plan of the Besser Companies covers 317 participants in Michigan, about 50% of the average Michigan filer (state average ~638 per filing). Assets: $42M.

$42M
total plan assets (2022 EOY)
317
covered participants
86th
percentile by assets (of 139,126 plans)
$131,082
avg assets per participant

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.

Where The Employees Retirement Savings Plan of the Besser Companies sits by total assets

The Employees Retirement Savings Plan of the Besser Companies vs every filed plan by assets

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

$41,553,029 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Michigan
Industry
Manufacturing

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. The Employees Retirement Savings Plan of the Besser Companies reports 317 participants - about 50% of that state average ($42M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$42M
Net Income-$5M
Employer EIN380346640
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Besser Company)

$110M$115M$120M 202220232024 $113M $118M ▲ +3.9%
Total plan assets by year, all Besser Company plans on file
Year Plans Participants Total Assets
2022 3 688 $113M
2023 3 752 $111M
2024 2 779 $118M

Nearby 401(k) Plans in Michigan

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

The Employees Retirement Savings Plan of the Besser Companies vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants The Employees Retire…, Total assets ($B): 0.041553029 · Participants: 317The Employees Retire…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
The Employees Retirement Savings Plan of the Besser Companies vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare The Employees Retirement Savings Plan of… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Employees Retirement Savings Plan of the Besser Companies by total assets, not by location.

Frequently Asked Questions

How did The Employees Retirement Savings Plan of the Besser Companies assets move in 2022? ▼
The Employees Retirement Savings Plan of the Besser Companies pulled back noticeably - down 10.8% during 2022, from $47M to $42M. Reported net income was -$5M.
How have Besser Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Besser Company's sponsor-wide assets grew 4.0%, from $113M to $118M.
Where does The Employees Retirement Savings Plan of the Besser Companies rank by assets among Form 5500 filers? ▼
The Employees Retirement Savings Plan of the Besser Companies ranks in the 86th 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 The Employees Retirement Savings Plan of the Besser Companies? ▼
Among 401(k) plans in other states, the closest by assets is Mission Cancer + Blood 401(k) Plan in IA ($42M, 232 participants).

Next read for The Employees Retirement Savings Plan of…

Filing takeaways

Ways to act on The Employees Retirement Savings Plan of the Besser Companies's numbers.

  • By total assets, The Employees Retirement Savings Plan of the Besser Companies ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Besser Company's sponsor-wide assets have grown 4.0% since 2022 across 3 plan years on file. More Manufacturing plans

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 380346640.

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.