401(k) · DOL Form 5500 · 2023

Thermico, Inc. 401(k) Plan

Data updated 2026-08-25

$490K
Total assets Small plan by assets
1
Participants Small participant base
18th
Percentile by assets National rank
$490,196
Avg per participant High balance/head
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Official DOL plan name: Thermico, Inc. Employee Savings Plan · Sponsored by Thermico, Inc. · Michigan · Construction

$490K in assets, 1 participants

Thermico, Inc.'s Thermico, Inc. Employee Savings Plan reported $490K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 18th 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.

  • #1,457 in Construction (9,030 peers)

Thermico, Inc. multi-year trail

Thermico, Inc.'s plans moved -32.3% in assets from 2022 to 2024; this filing shows Thermico, Inc. Employee Savings Plan at $490K / 1 participant.

#1,457
in Construction (9,030 peers)
-19.0%
assets change YoY

The plan reported a net loss of $115K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thermico, Inc. Employee Savings Plan among the smaller filed plans by assets

Thermico, Inc. Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$490,196 18th percentile higher than 18% of 127,068 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 2023

Thermico, Inc. Employee Savings Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thermico, Inc. Employee Savings Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thermico, Inc. Employee Savings Plan end-of-year assets fell from $605K in the plan year 2022 filing to $490K in the plan year 2023 filing.
  • Thermico, Inc. Employee Savings Plan reported net income rose from -$122K in the plan year 2022 filing to -$115K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382079626 · Thermico, Inc. PY 2023 · 401(k)

Thermico, Inc. Employee Savings Plan · $490K · 1 · 18th

  • PART $490K
  • PART 1
  • PART 18th
  • PART 401(k)
  • PART near Andi Enterprises, Inc. 401(k) Plan
  • PART ind #1457

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 Construction retirement plans → · Plans in Michigan →

Thermico, Inc. Employee Savings Plan in the asset neighbourhood

Thermico, Inc. Employee Savings PlanThermico, Inc. Employee Savi…$490KAndi Enterprises, Inc. 401(k) PlanAndi Enterprises, Inc. 401(k…$490KZiggy Mates, Inc. 401(k) Plan$490KEmmons Holdings, Inc 401(k) PlanEmmons Holdings, Inc 401(k) …$490KDh4b 401(k)$490K
End-of-year total assets ($M) among Thermico, Inc. Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Thermico, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Thermico, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$410K 32.29408604372443% vs 2022
2024 filing year
$0.3M$0.4M$0.5M$0.6M$0.7M 202220232024 $0.6M $0.41M ▼ -31.7%
Year Plans Participants Total Assets
2022 1 1 $605K
2023 1 1 $490K
2024 1 1 $410K

Thermico, Inc. filing trail (2023)

Total Assets (Beginning of Year)$605K
Net Assets (End of Year)$490K
Net Income-$115K
Employer EIN382079626
Plan Effective Date1981-07-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Thermico, Inc. Employee Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Thermico, Inc. Employee Savings Plan, Total assets ($B): 0.000490196 · Participants: 1Thermico, Inc. Employee Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Thermico, Inc. Employee Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Andi Enterprises, Inc. 401(k) Plan in UT ($490K); by covered participants it is Beandel, Inc. 401(k) Profit Sharing Plan in UT (1 participant). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($490K here).

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Thermico, Inc. Employee Savings Plan assets move in 2023?
Thermico, Inc. Employee Savings Plan declined sharply - down 19.0% during 2023, from $605K to $490K. Reported net income was -$115K.
How have Thermico, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thermico, Inc.'s sponsor-wide assets declined 32.3%, from $605K to $410K.
Where does Thermico, Inc. Employee Savings Plan rank by assets among Form 5500 filers?
Thermico, Inc. Employee Savings Plan ranks in the 18th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Thermico, Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Andi Enterprises, Inc. 401(k) Plan in UT ($490K, 3 participants).
Which 401(k) plans cover a similar participant headcount to Thermico, Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Beandel, Inc. 401(k) Profit Sharing Plan in UT (1 participant, $458 in assets).