401(k) · DOL Form 5500 · 2022

Hirotec America, Inc. 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
397
Participants Below avg headcount
88th
Percentile by assets National rank
$123,024
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hirotec America, Inc. 401(k) Plan · Sponsored by Hirotec America, Inc. · Michigan · Professional & Technical Services

$49M in assets, 397 participants

Hirotec America, Inc.'s Hirotec America, Inc. 401(k) Plan reported $49M in total assets and 397 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #19,157 in Professional & Technical Services (21,562 peers)

Where Hirotec America, Inc. 401(k) Plan sits by assets

Hirotec America, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $49M for 397 participants (~$123,024/participant), down 16.3% in 2022.

#19,157
in Professional & Technical Services (21,562 peers)
-16.3%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hirotec America, Inc. 401(k) Plan's outsized position by total assets

Hirotec America, Inc. 401(k) Plan vs every filed plan by assets

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

$48,840,487 Top 12% higher than 88% 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

Hirotec America, 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. Hirotec America, Inc. 401(k) Plan sits mid-pack in the medium band (397 participants).

EBSA filing schedule strip

Filing strip 382792919 · Hirotec America, Inc. PY 2022 · 401(k)

Hirotec America, Inc. 401(k) Plan · $49M · 397 · 88th

  • VS-ST $49M
  • BOY 397
  • SCH 88th
  • EBSA 401(k)
  • PART near Bracco Medical Technologies 401(k) Plan
  • TYPE ind #19157

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Hirotec America, Inc. 401(k) Plan in the asset neighbourhood

Connectamerica.Com 401(k) Savings PlanConnectamerica.Com 401(k) Sa…$49MHirotec America, Inc. 401(k) PlanHirotec America, Inc. 401(k)…$49MBracco Medical Technologies 401(k) PlanBracco Medical Technologies …$49MGulf Island Fabrication Inc. Qualified Retirement PlanGulf Island Fabrication Inc.…$49MEpiserver, Inc. 401(k) Profit Sharing Plan & TrustEpiserver, Inc. 401(k) Profi…$49M
End-of-year total assets ($M) among Hirotec America, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$49M
Net Income-$10M
Employer EIN382792919
Plan Effective Date1992-06-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Hirotec America, Inc.)

Sponsor-wide plan assets over time

All Hirotec America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$68M 38.97901755156536% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $48.8M $67.9M ▲ +39.0%
Year Plans Participants Total Assets
2022 1 397 $49M
2023 1 462 $59M
2024 1 545 $68M

Nearby 401(k) Plans in Michigan

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

Hirotec America, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Hirotec America, Inc. 401(k) Plan, Total assets ($B): 0.048840487 · Participants: 397Hirotec America, 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
Hirotec America, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Bracco Medical Technologies 401(k) Plan in MN ($49M); by covered participants it is R.C. Retirement Plan in CA (397 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (397 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 Hirotec America, Inc. 401(k) Plan assets move in 2022?
Hirotec America, Inc. 401(k) Plan declined sharply - down 16.3% during 2022, from $58M to $49M. Reported net income was -$10M.
How have Hirotec America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hirotec America, Inc.'s sponsor-wide assets grew 39.0%, from $49M to $68M.
Where does Hirotec America, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Hirotec America, Inc. 401(k) Plan ranks in the 88th 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 Hirotec America, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bracco Medical Technologies 401(k) Plan in MN ($49M, 294 participants).
Which 401(k) plans cover a similar participant headcount to Hirotec America, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is R.C. Retirement Plan in CA (397 participants, N/A in assets).