401(k) · DOL Form 5500 · 2022

Sulute Incorporated 401(k) Plan

Data updated 2026-08-25

$844K
Total assets Small plan by assets
286
Participants Below avg headcount
23rd
Percentile by assets National rank
$2,952
Avg per participant Low balance/head
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Official DOL plan name: Salute, Inc. 401(k) Plan · Sponsored by Sulute Incorporated · Michigan · Other Services

$844K in assets, 286 participants

Sulute Incorporated's Salute, Inc. 401(k) Plan reported $844K in total assets and 286 participants in its 2022 DOL Form 5500 filing, ranking in the 23rd 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.

  • #3,911 in Other Services (8,398 peers)

Coverage in Michigan

Salute, Inc. 401(k) Plan covers 286 participants in Michigan, about 45% of the average Michigan filer (state average ~638 per filing). Assets: $844K.

#3,911
in Other Services (8,398 peers)
+152.7%
assets growth YoY

Salute, Inc. 401(k) Plan among the smaller filed plans by assets

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

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

$844,389 23rd percentile higher than 23% 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

Salute, 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. Salute, Inc. 401(k) Plan sits mid-pack in the medium band (286 participants).

EBSA filing schedule strip

Filing strip 461853576 · Sulute Incorporated PY 2022 · 401(k)

Salute, Inc. 401(k) Plan · $844K · 286 · 23rd

  • ASSETS $844K
  • PCT 286
  • EIN 23rd
  • RANK 401(k)
  • PHOTO near Field Control Analytics Inc 401(k) Profit Sharing Plan & Trust
  • IND ind #3911

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 Other Services retirement plans → · Plans in Michigan →

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

Salute, Inc. 401(k) Plan$844KField Control Analytics Inc 401(k) Profit Sharing Plan & TrustField Control Analytics Inc …$844KFocus Optical, Inc. 401(k) PlanFocus Optical, Inc. 401(k) P…$844KSlmk, Inc. 401(k) Profit Sharing PlanSlmk, Inc. 401(k) Profit Sha…$844KEllsworth Construction 401(k) Retirement PlanEllsworth Construction 401(k…$844K
End-of-year total assets ($M) among Salute, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$334K
Net Assets (End of Year)$844K
Net Income$510K
Employer EIN461853576
Plan Effective Date2020-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sulute Incorporated)

Sponsor-wide plan assets over time

All Sulute Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$114K 86.493665834112% vs 2022
2023 filing year
$0M$0.5M$1M 20222023 $0.84M $0.11M ▼ -86.9%
Year Plans Participants Total Assets
2022 1 286 $844K
2023 1 155 $114K

Nearby 401(k) Plans in Michigan

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

Salute, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Salute, Inc. 401(k) Plan, Total assets ($B): 0.000844389 · Participants: 286Salute, 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
Salute, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Salute, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Field Control Analytics Inc 401(k) Profit Sharing Plan & Trust in TX ($844K); by covered participants it is Ua Gulf Coast District Council Retirement Savings in LA (286 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (286 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 Salute, Inc. 401(k) Plan assets move in 2022? ▼
Salute, Inc. 401(k) Plan surged - up 152.7% during 2022, from $334K to $844K. Reported net income was $510K.
How have Sulute Incorporated plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Sulute Incorporated's sponsor-wide assets declined 86.5%, from $844K to $114K.
Where does Salute, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Salute, Inc. 401(k) Plan ranks in the 23rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Salute, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Field Control Analytics Inc 401(k) Profit Sharing Plan & Trust in TX ($844K, 75 participants).
Which 401(k) plans cover a similar participant headcount to Salute, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ua Gulf Coast District Council Retirement Savings in LA (286 participants, $182K 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 461853576.

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.