401(k) · DOL Form 5500 · 2023

Burnips Equipment Company 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
132
Participants Small participant base
47th
Percentile by assets National rank
$44,038
Avg per participant Low balance/head
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Official DOL plan name: Burnips Equipment Company 401(k) Plan · Sponsored by Burnips Equipment Company · Michigan · Other Services

$6M in assets, 132 participants

Burnips Equipment Company's Burnips Equipment Company 401(k) Plan reported $6M in total assets and 132 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,341 in Other Services (7,857 peers)

Coverage in Michigan

Burnips Equipment Company 401(k) Plan covers 132 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#5,341
in Other Services (7,857 peers)
+38.5%
assets growth YoY

Burnips Equipment Company 401(k) Plan's mid-pack asset rank among Other Services and all filers

Burnips Equipment Company 401(k) Plan vs every filed plan by assets

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

$5,813,072 47th percentile higher than 47% 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

Burnips Equipment Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Burnips Equipment Company 401(k) Plan sits mid-pack in the medium band (132 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Burnips Equipment Company 401(k) Plan reported net income rose from -$612K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Burnips Equipment Company 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Burnips Equipment Company 401(k) Plan reported participants rose from 130 in the plan year 2022 filing to 132 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381992969 · Burnips Equipment Company PY 2023 · 401(k)

Burnips Equipment Company 401(k) Plan · $6M · 132 · 47th

  • 5500 $6M
  • 5500 132
  • 5500 47th
  • 5500 401(k)
  • 5500 near Big R 401(k) Plan
  • 5500 ind #5341

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 →

Burnips Equipment Company 401(k) Plan in the asset neighbourhood

Burnips Equipment Company 401(k) PlanBurnips Equipment Company 40…$6MBig R 401(k) Plan$6MEmerald Coast Recycling, Inc. 401(k) PlanEmerald Coast Recycling, Inc…$6MShipton's Big R, Inc. Montana Profit Sharing PlanShipton's Big R, Inc. Montan…$6MKendrick Oil Company 401(k) PlanKendrick Oil Company 401(k) …$6M
End-of-year total assets ($M) among Burnips Equipment Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN381992969
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Burnips Equipment Company)

Sponsor-wide plan assets over time

All Burnips Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
$7M 72.82636331770885% vs 2022
2024 filing year
$3M$4M$5M$6M$7M$8M 202220232024 $4.2M $7.25M ▲ +72.6%
Year Plans Participants Total Assets
2022 1 130 $4M
2023 1 132 $6M
2024 1 153 $7M

Nearby 401(k) Plans in Michigan

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

Burnips Equipment Company 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Burnips Equipment Company 401(k) Plan, Total assets ($B): 0.005813072 · Participants: 132Burnips Equipment Company 401(k) 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
Burnips Equipment Company 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Burnips Equipment Company 401(k) Plan side-by-side with 3 peers →

Burnips Equipment Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Big R 401(k) Plan in CO ($6M); by covered participants it is Revision Military 401(k) Retirement Plan in VT (132 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (132 participants); 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 Burnips Equipment Company 401(k) Plan assets move in 2023? ▼
Burnips Equipment Company 401(k) Plan surged - up 38.5% during 2023, from $4M to $6M. Reported net income was $2M.
How have Burnips Equipment Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Burnips Equipment Company's sponsor-wide assets grew 72.8%, from $4M to $7M.
Which 401(k) plans are similar in size to Burnips Equipment Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Big R 401(k) Plan in CO ($6M, 393 participants).
Which 401(k) plans cover a similar participant headcount to Burnips Equipment Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Revision Military 401(k) Retirement Plan in VT (132 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381992969.

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.