401(k) · DOL Form 5500 · 2022

Varnum LLP 401(k) Plan

Data updated 2026-08-11

$152M
Total assets
250
Participants
95th
Percentile by assets
$609,225
Avg per participant
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Official DOL plan name: Varnum Profit-Sharing and Retirement Savings Plan · Sponsored by Varnum LLP · Michigan · Professional & Technical Services

$152M in assets, 250 participants

Varnum LLP's Varnum Profit-Sharing and Retirement Savings Plan reported $152M in total assets and 250 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #20,660 in Professional & Technical Services (21,562 peers)

Coverage in Michigan

Varnum Profit-Sharing and Retirement Savings Plan covers 250 participants in Michigan, about 39% of the average Michigan filer (state average ~638 per filing). Assets: $152M.

$152M
total plan assets (2022 EOY)
250
covered participants
95th
percentile by assets (of 139,126 plans)
$609,225
avg assets per participant

The plan reported a net loss of $46M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Varnum Profit-Sharing and Retirement Savings Plan sits by total assets

Varnum Profit-Sharing and Retirement Savings Plan vs every filed plan by assets

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

$152,306,149 Top 5% higher than 95% 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

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Varnum Profit-Sharing and Retirement Savings Plan reports 250 participants - about 39% of that state average ($152M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$200M
Net Assets (End of Year)$152M
Net Income-$46M
Employer EIN381294924
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Varnum LLP)

$160M$180M$200M$220M 202220232024 $165M $210M ▲ +27.1%
Total plan assets by year, all Varnum LLP plans on file
Year Plans Participants Total Assets
2022 2 328 $165M
2023 2 344 $180M
2024 2 349 $210M

Nearby 401(k) Plans in Michigan

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

Varnum Profit-Sharing and Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Varnum Profit-Sharing and 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 Varnum Profit-Sharin…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Varnum Profit-Sharing and Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Varnum Profit-Sharing and Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Varnum Profit-Sharing and Retirement Savings Plan assets move in 2022?
Varnum Profit-Sharing and Retirement Savings Plan declined sharply - down 23.7% during 2022, from $200M to $152M. Reported net income was -$46M.
How have Varnum LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Varnum LLP's sponsor-wide assets grew 27.1%, from $165M to $210M.
Where does Varnum Profit-Sharing and Retirement Savings Plan rank by assets among Form 5500 filers?
Varnum Profit-Sharing and Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Varnum Profit-Sharing and Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Press Ganey Associates LLC 401(k) Profit Sharing Plan and Trust in IN ($152M, 1,655 participants).

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Filing takeaways

Ways to act on Varnum Profit-Sharing and Retirement Savings Plan's numbers.