401(k) · DOL Form 5500 · 2022

Canal Street Brewing Co. LLC Dba Founders Brewing Company 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
452
Participants Below avg headcount
79th
Percentile by assets National rank
$48,644
Avg per participant Low balance/head
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Official DOL plan name: Founders Brewing Company 401(k) Profit Sharing Plan · Sponsored by Canal Street Brewing Co. LLC Dba Founders Brewing Company · Michigan · Manufacturing

$22M in assets, 452 participants

Canal Street Brewing Co. LLC Dba Founders Brewing Company's Founders Brewing Company 401(k) Profit Sharing Plan reported $22M in total assets and 452 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #14,420 in Manufacturing (20,602 peers)

Where Founders Brewing Company 401(k) Profit Sharing Plan sits by assets

Founders Brewing Company 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $22M for 452 participants (~$48,644/participant), down 13.0% in 2022.

#14,420
in Manufacturing (20,602 peers)
-13.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Founders Brewing Company 401(k) Profit Sharing Plan's outsized position by total assets

Founders Brewing Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,986,890 Top 21% higher than 79% 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

Founders Brewing Company 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. Founders Brewing Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (452 participants).

DOL schedule card

Filing strip 383314250 · Canal Street Brewing Co. LLC Dba Founders Brewing Company PY 2022 · 401(k)

Founders Brewing Company 401(k) Profit Sharing Plan · $22M · 452 · 79th

  • PCT $22M
  • PCT 452
  • PCT 79th
  • PCT 401(k)
  • PCT near Ferraro Foods of New Jersey LLC 401(k) Plan
  • PCT ind #14420

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 →

Founders Brewing Company 401(k) Profit Sharing Plan in the asset neighbourhood

Founders Brewing Company 401(k) Profit Sharing PlanFounders Brewing Company 401…$22MFerraro Foods of New Jersey LLC 401(k) PlanFerraro Foods of New Jersey …$22MDigital Currency Group Inc. 401(k) PlanDigital Currency Group Inc. …$22MDigital Currency Group Inc. 401(k) PlanDigital Currency Group Inc. …$22MResearch Products Corporation Production Staff 401(k) Savings PlanResearch Products Corporatio…$22M
End-of-year total assets ($M) among Founders Brewing Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$22M
Net Income-$3M
Employer EIN383314250
Plan Effective Date2010-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canal Street Brewing Co. LLC Dba Founders Brewing Company)

Sponsor-wide plan assets over time

All Canal Street Brewing Co. LLC Dba Founders Brewing Company plans reported in each filing year

Latest sponsor-wide plan assets
$38M 73.50547530824049% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $22M $38.2M ▲ +73.5%
Year Plans Participants Total Assets
2022 1 452 $22M
2023 1 475 $27M
2024 1 460 $38M

Nearby 401(k) Plans in Michigan

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

Founders Brewing Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Founders Brewing Company 401(k) Profit Sharing Plan, Total assets ($B): 0.02198689 · Participants: 452Founders Brewing Company 401(k) Profit Sharing 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
Founders Brewing Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Founders Brewing Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Founders Brewing Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Ferraro Foods of New Jersey LLC 401(k) Plan in NJ ($22M); by covered participants it is Cst Industries, Inc. 401(k) Profit Sharing Plan in KS (452 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (452 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 Founders Brewing Company 401(k) Profit Sharing Plan assets move in 2022? ▼
Founders Brewing Company 401(k) Profit Sharing Plan pulled back noticeably - down 13.0% during 2022, from $25M to $22M. Reported net income was -$3M.
How have Canal Street Brewing Co. LLC Dba Founders Brewing Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Canal Street Brewing Co. LLC Dba Founders Brewing Company's sponsor-wide assets grew 73.5%, from $22M to $38M.
Where does Founders Brewing Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Founders Brewing Company 401(k) Profit Sharing Plan ranks in the 79th 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 Founders Brewing Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ferraro Foods of New Jersey LLC 401(k) Plan in NJ ($22M, 618 participants).
Which 401(k) plans cover a similar participant headcount to Founders Brewing Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cst Industries, Inc. 401(k) Profit Sharing Plan in KS (452 participants, $48M in assets).

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 383314250.

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.