401(k) · DOL Form 5500 · 2022

Spartan Motors, Inc. 401(k) Plan

Data updated 2026-08-25

$106M
Total assets Near avg plan size
1,969
Participants Near avg headcount
93rd
Percentile by assets National rank
$53,775
Avg per participant Low balance/head
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Official DOL plan name: Spartan Motors Retirement Plan · Sponsored by Spartan Motors, Inc. · Michigan · Manufacturing

$106M in assets, 1,969 participants

Spartan Motors, Inc.'s Spartan Motors Retirement Plan reported $106M in total assets and 1,969 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #18,416 in Manufacturing (20,602 peers)

Coverage in Michigan

Spartan Motors Retirement Plan covers 1,969 participants in Michigan, 3.1x the typical Michigan plan (state average ~638 per filing). Assets: $106M.

#18,416
in Manufacturing (20,602 peers)
+23.9%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Spartan Motors Retirement Plan's outsized position by total assets

Spartan Motors Retirement Plan vs every filed plan by assets

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

$105,882,670 Top 7% higher than 93% 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

Spartan Motors 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. Spartan Motors Retirement Plan lands in the large band (1,969 participants).

Plan-year Form 5500 strip

Filing strip 382078923 · Spartan Motors, Inc. PY 2022 · 401(k)

Spartan Motors Retirement Plan · $106M · 1,969 · 93rd

  • BOY $106M
  • BOY 1,969
  • BOY 93rd
  • BOY 401(k)
  • BOY near Bradford Group 401(k) Plan
  • BOY ind #18416

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 →

Spartan Motors Retirement Plan in the asset neighbourhood

Pixelle Specialty Solutions 401(k) Savings PlanPixelle Specialty Solutions …$106MUct Retirement Savings Plan$106MThe H.T. Hackney Co. Employees Profit Sharing Retirement PlanThe H.T. Hackney Co. Employe…$106MSpartan Motors Retirement PlanSpartan Motors Retirement Pl…$106MBradford Group 401(k) Plan$106M
End-of-year total assets ($M) among Spartan Motors Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$106M
Net Income$20M
Employer EIN382078923
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spartan Motors, Inc.)

Sponsor-wide plan assets over time

All Spartan Motors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$109M 59.355958066597694% vs 2022
2024 filing year
$0M$100M$200M$300M 202220232024 $269M $109M ▼ -59.4%
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.

Spartan Motors Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Spartan Motors Retirement Plan, Total assets ($B): 0.10588267 · Participants: 1969Spartan Motors Retirement 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
Spartan Motors Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Spartan Motors Retirement Plan side-by-side with 3 peers →

Spartan Motors Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Bradford Group 401(k) Plan in IL ($106M); by covered participants it is Quanex Building Products Salaried and Nonunion Employee 401 (K) Plan in TX (1,969 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($106M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,969 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 Spartan Motors Retirement Plan assets move in 2022? ▼
Spartan Motors Retirement Plan grew sharply - up 23.9% during 2022, from $85M to $106M. Reported net income was $20M.
How have Spartan Motors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spartan Motors, Inc.'s sponsor-wide assets declined 59.4%, from $269M to $109M.
Where does Spartan Motors Retirement Plan rank by assets among Form 5500 filers? ▼
Spartan Motors Retirement Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Spartan Motors Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bradford Group 401(k) Plan in IL ($106M, 553 participants).
Which 401(k) plans cover a similar participant headcount to Spartan Motors Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Quanex Building Products Salaried and Nonunion Employee 401 (K) Plan in TX (1,969 participants, $114M 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 382078923.

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.