401(k) · DOL Form 5500 · 2022

Thai Summit America Corporation 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
855
Participants Near avg headcount
89th
Percentile by assets National rank
$65,926
Avg per participant Below avg balance/head
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Official DOL plan name: Thai Summit America Corporation Profit Sharing & 401(k) Plan · Sponsored by Thai Summit America Corporation · Michigan · Manufacturing

$56M in assets, 855 participants

Thai Summit America Corporation's Thai Summit America Corporation Profit Sharing & 401(k) Plan reported $56M in total assets and 855 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #17,241 in Manufacturing (20,602 peers)

Where Thai Summit America Corporation Profit Sharing & 401(k) Plan sits by assets

Thai Summit America Corporation Profit Sharing & 401(k) Plan sits in the top quartile of all filed plans by assets, $56M for 855 participants (~$65,926/participant), down 4.5% in 2022.

#17,241
in Manufacturing (20,602 peers)
-4.5%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thai Summit America Corporation Profit Sharing & 401(k) Plan's outsized position by total assets

Thai Summit America Corporation Profit Sharing & 401(k) Plan vs every filed plan by assets

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

$56,366,957 Top 11% higher than 89% 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

Thai Summit America Corporation Profit Sharing & 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. Thai Summit America Corporation Profit Sharing & 401(k) Plan sits mid-pack in the medium band (855 participants).

Plan-year Form 5500 strip

Filing strip 382617507 · Thai Summit America Corporation PY 2022 · 401(k)

Thai Summit America Corporation Profit Sharing & 401(k) Plan · $56M · 855 · 89th

  • PHOTO $56M
  • PHOTO 855
  • PHOTO 89th
  • PHOTO 401(k)
  • PHOTO near World Travel Holdings, Inc. 401(k) Savings Plan
  • PHOTO ind #17241

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 →

Thai Summit America Corporation Profit Sharing & 401(k) Plan in the asset neighbourhood

Agc Flat Glass North America, Inc. Employee Savings and Investment PlanAgc Flat Glass North America…$56MFowler Packing Company Retirement PlanFowler Packing Company Retir…$56MThai Summit America Corporation Profit Sharing & 401(k) PlanThai Summit America Corporat…$56MWorld Travel Holdings, Inc. 401(k) Savings PlanWorld Travel Holdings, Inc. …$56MU.S. News & World Report, L.P. 401(k) PlanU.S. News & World Report, L.…$56M
End-of-year total assets ($M) among Thai Summit America Corporation Profit Sharing & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$56M
Net Income-$3M
Employer EIN382617507
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thai Summit America Corporation)

Sponsor-wide plan assets over time

All Thai Summit America Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$56M 0.6986841599414352% vs 2022
2024 filing year
$55M$60M$65M 202220232024 $56.4M $56M ▼ -0.7%
Year Plans Participants Total Assets
2022 1 855 $56M
2023 1 960 $63M
2024 1 983 $56M

Nearby 401(k) Plans in Michigan

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

Thai Summit America Corporation Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Thai Summit America Corporation Profit Sharing & 401(k) Plan, Total assets ($B): 0.056366957 · Participants: 855Thai Summit America Corporation Profit Sharing & 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
Thai Summit America Corporation Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Thai Summit America Corporation Profit Sharing & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is World Travel Holdings, Inc. 401(k) Savings Plan in MA ($56M); by covered participants it is Core Laboratories Profit Sharing and Retirement Plan in TX (855 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (855 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 Thai Summit America Corporation Profit Sharing & 401(k) Plan assets move in 2022?
Thai Summit America Corporation Profit Sharing & 401(k) Plan edged down modestly - down 4.5% during 2022, from $59M to $56M. Reported net income was -$3M.
How have Thai Summit America Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Thai Summit America Corporation's sponsor-wide assets declined 0.7%, from $56M to $56M.
Where does Thai Summit America Corporation Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers?
Thai Summit America Corporation Profit Sharing & 401(k) Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Thai Summit America Corporation Profit Sharing & 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is World Travel Holdings, Inc. 401(k) Savings Plan in MA ($56M, 804 participants).
Which 401(k) plans cover a similar participant headcount to Thai Summit America Corporation Profit Sharing & 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Core Laboratories Profit Sharing and Retirement Plan in TX (855 participants, $141M in assets).