401(k) · DOL Form 5500 · 2022
The Shyft Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $77M
- Total assets Below avg plan size
- 2,684
- Participants Above avg headcount
- 91st
- Percentile by assets National rank
- $28,843
- Avg per participant Low balance/head
Official DOL plan name: The Shyft Group Retirement Plan · Sponsored by The Shyft Group, Inc. · Michigan · Manufacturing
$77M in assets, 2,684 participants
The Shyft Group, Inc.'s The Shyft Group Retirement Plan reported $77M in total assets and 2,684 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.
- #17,875 in Manufacturing (20,602 peers)
Coverage in Michigan
The Shyft Group Retirement Plan covers 2,684 participants in Michigan, 4.2x the typical Michigan plan (state average ~638 per filing). Assets: $77M.
- #17,875
- in Manufacturing (20,602 peers)
- -14.2%
- assets change YoY
- 0.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Shyft Group Retirement Plan's outsized position by total assets
The Shyft Group Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$77,414,687 Top 9% higher than 91% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Shyft Group Retirement Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Shyft Group Retirement Plan lands in the large band (2,684 participants).
EBSA filing schedule strip
Filing strip 382078923 · The Shyft Group, Inc. PY 2022 · 401(k)
The Shyft Group Retirement Plan · $77M · 2,684 · 91st
- 5500 $77M
- ASSETS 2,684
- PCT 91st
- EIN 401(k)
- RANK near Ashfield Retirement Plan
- PHOTO ind #17875
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 →
The Shyft Group Retirement Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $90M |
|---|---|
| Net Assets (End of Year) | $77M |
| Net Income | -$13M |
| Employer EIN | 382078923 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Shyft Group, Inc.)
Sponsor-wide plan assets over time
All The Shyft Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $109M 59.355958066597694% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 6,571 | $269M |
| 2023 | 1 | 3,227 | $92M |
| 2024 | 1 | 2,400 | $109M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
The Shyft Group Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Ashfield Retirement Plan in PA ($77M); by covered participants it is Amc, LLC 401(k) Plan in UT (2,684 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($77M here).
- Ashfield Retirement Plan (PA) $77M · 1,916
- Covenant Retirement Plan (IL) $77M · 1,452
- Dime Community Bank 401(k) Plan (NY) $77M · 784
- Werner Co. Employee Savings Plan (PA) $77M · 812
Similar participant headcount
Nearest other-state filings by covered participants (2,684 participants); asset peers above are excluded.
- Amc, LLC 401(k) Plan (UT) 2,684 · 0 off
- Natera 401(k) Plan (CA) 2,684 · 0 off
- Cal-Maine Foods, Inc. Ksop (MS) 2,685 · 1 off
- Salt River Community Gaming Enterprises 401(k) Plan (AZ) 2,685 · 1 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.