401(k) · DOL Form 5500 · 2022

Bearing Service, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
56
Participants Small participant base
67th
Percentile by assets National rank
$202,603
Avg per participant Above avg balance/head
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Official DOL plan name: Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Bearing Service, Inc. · Michigan · Wholesale Trade

$11M in assets, 56 participants

Bearing Service, Inc.'s Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust reported $11M in total assets and 56 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.

  • #4,151 in Wholesale Trade (6,843 peers)

Bearing Service, Inc. multi-year trail

Bearing Service, Inc.'s plans moved +17.9% in assets from 2022 to 2024; this filing shows Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust at $11M / 56 participants.

#4,151
in Wholesale Trade (6,843 peers)
-16.3%
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.

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$11,345,773 Top 33% higher than 67% 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

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust is a small filing (56 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 381201778 · Bearing Service, Inc. PY 2022 · 401(k)

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust · $11M · 56 · 67th

  • EIN $11M
  • RANK 56
  • PHOTO 67th
  • IND 401(k)
  • EOY near Burning Man Project 401(k) Plan
  • 5500 ind #4151

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 Wholesale Trade retirement plans → · Plans in Michigan →

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Bearing Service, Inc. 401(k) Profit Sharing Plan and TrustBearing Service, Inc. 401(k)…$11MBurning Man Project 401(k) PlanBurning Man Project 401(k) P…$11MOrthopedic Associates of Dutchess County, PC 401(k) Profit Sharing Plan and TrustOrthopedic Associates of Dut…$11MW.M. Keck Foundation Retirement PlanW.M. Keck Foundation Retirem…$11MNew Orleans & Company 401(k) PlanNew Orleans & Company 401(k)…$11M
End-of-year total assets ($M) among Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Bearing Service, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bearing Service, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 17.85037476071485% vs 2022
2024 filing year
$11M$12M$13M$14M 202220232024 $11.4M $13.4M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 56 $11M
2023 1 52 $13M
2024 1 50 $13M

Bearing Service, Inc. filing trail (2022)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN381201778
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.011345773 · Participants: 56Bearing Service, Inc. 401(k) Profit Sharing Plan and TrustGeneral 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
Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Burning Man Project 401(k) Plan in CA ($11M); by covered participants it is Evoke at Entrada 401(k) Plan in UT (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 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 Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2022?
Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust declined sharply - down 16.3% during 2022, from $14M to $11M. Reported net income was -$2M.
How have Bearing Service, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bearing Service, Inc.'s sponsor-wide assets grew 17.9%, from $11M to $13M.
Which 401(k) plans are similar in size to Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Burning Man Project 401(k) Plan in CA ($11M, 124 participants).
Which 401(k) plans cover a similar participant headcount to Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Evoke at Entrada 401(k) Plan in UT (56 participants, $3M in assets).