401(k) · DOL Form 5500 · 2023

Tram, Inc. 401(k) Plan

Data updated 2026-08-11

$134M
Total assets
1,504
Participants
93rd
Percentile by assets
$89,359
Avg per participant
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Official DOL plan name: Tram, Inc. 401(k) Retirement Plan · Sponsored by Tram, Inc. · Michigan · Manufacturing

$134M in assets, 1,504 participants

Tram, Inc.'s Tram, Inc. 401(k) Retirement Plan reported $134M in total assets and 1,504 participants in its 2023 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,717 in Manufacturing (18,722 peers)

Coverage in Michigan

Tram, Inc. 401(k) Retirement Plan covers 1,504 participants in Michigan, 2.4x the typical Michigan plan (state average ~638 per filing). Assets: $134M.

$134M
total plan assets (2023 EOY)
1,504
covered participants
93rd
percentile by assets (of 127,072 plans)
$89,359
avg assets per participant

Where Tram, Inc. 401(k) Retirement Plan sits by total assets

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

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

$134,395,414 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tram, Inc. 401(k) Retirement Plan reported net income rose from -$21M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Tram, Inc. 401(k) Retirement Plan end-of-year assets rose from $118M in the plan year 2022 filing to $134M in the plan year 2023 filing.
  • Tram, Inc. 401(k) Retirement Plan reported participants fell from 1,596 in the plan year 2022 filing to 1,504 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Tram, Inc. 401(k) Retirement Plan reports 1,504 participants - 2.4x that state average ($134M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$118M
Net Assets (End of Year)$134M
Net Income$17M
Employer EIN382674223
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tram, Inc.)

$110M$120M$130M$140M$150M$160M 202220232024 $118M $149M ▲ +26.5%
Total plan assets by year, all Tram, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,596 $118M
2023 1 1,504 $134M
2024 1 1,521 $149M

Nearby 401(k) Plans in Michigan

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

Tram, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Tram, Inc. 401(k) Re…, Total assets ($B): 0.134395414 · Participants: 1504Tram, Inc. 401(k) Re…General Motors Retir…, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Com…The General Motors P…, Total assets ($B): 8.580684909 · Participants: 40393The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-E…
Tram, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tram, Inc. 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Tram, Inc. 401(k) Retirement Plan assets move in 2023?
Tram, Inc. 401(k) Retirement Plan grew at a solid clip - up 14.3% during 2023, from $118M to $134M. Reported net income was $17M.
How have Tram, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Tram, Inc.'s sponsor-wide assets grew 26.5%, from $118M to $149M.
Where does Tram, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Tram, Inc. 401(k) Retirement Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Tram, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Aspca 401(k) Retirement Plan in NY ($134M, 1,144 participants).

Next read for Tram, Inc. 401(k) Retirement Plan

Filing takeaways

Ways to act on Tram, Inc. 401(k) Retirement Plan's numbers.