401(k) · DOL Form 5500 · 2023

Somat Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
76
Participants Small participant base
61st
Percentile by assets National rank
$146,999
Avg per participant Above avg balance/head
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Official DOL plan name: Somat Engineering, Inc. 401(k) Profit Sharing Plan · Sponsored by Somat Engineering, Inc. · Michigan · Professional & Technical Services

$11M in assets, 76 participants

Somat Engineering, Inc.'s Somat Engineering, Inc. 401(k) Profit Sharing Plan reported $11M in total assets and 76 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #12,169 in Professional & Technical Services (20,321 peers)

Somat Engineering, Inc. multi-year trail

Somat Engineering, Inc.'s plans moved +28.1% in assets from 2022 to 2023; this filing shows Somat Engineering, Inc. 401(k) Profit Sharing Plan at $11M / 76 participants.

#12,169
in Professional & Technical Services (20,321 peers)
+28.1%
assets growth YoY

Somat Engineering, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Somat Engineering, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,171,917 Top 39% higher than 61% 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

Somat Engineering, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somat Engineering, Inc. 401(k) Profit Sharing Plan is a small filing (76 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Somat Engineering, Inc. 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Somat Engineering, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Somat Engineering, Inc. 401(k) Profit Sharing Plan reported participants fell from 83 in the plan year 2022 filing to 76 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382639838 · Somat Engineering, Inc. PY 2023 · 401(k)

Somat Engineering, Inc. 401(k) Profit Sharing Plan · $11M · 76 · 61st

  • SCH $11M
  • SCH 76
  • SCH 61st
  • SCH 401(k)
  • SCH near Pilot Corporation of America Employees' 401(k) Plan
  • SCH ind #12169

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Somat Engineering, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Somat Engineering, Inc. 401(k) Profit Sharing PlanSomat Engineering, Inc. 401(…$11MPilot Corporation of America Employees' 401(k) PlanPilot Corporation of America…$11MDedicated to Women Ob-Gyn PA 401(k) Profit Sharing Plan & TrustDedicated to Women Ob-Gyn PA…$11MHughes Enterprises, Inc. 401(k) Retirement PlanHughes Enterprises, Inc. 401…$11MArchitects Hawaii, Ltd. 401(k) Profit Sharing PlanArchitects Hawaii, Ltd. 401(…$11M
End-of-year total assets ($M) among Somat Engineering, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Somat Engineering, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Somat Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 28.12141440578436% vs 2022
2023 filing year
$8M$9M$10M$11M$12M 20222023 $8.72M $11.2M ▲ +28.1%
Year Plans Participants Total Assets
2022 1 83 $9M
2023 1 76 $11M

Somat Engineering, Inc. filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN382639838
Plan Effective Date1990-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Somat Engineering, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Somat Engineering, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.011171917 · Participants: 76Somat Engineering, Inc. 401(k) Profit Sharing 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
Somat Engineering, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Somat Engineering, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Somat Engineering, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Pilot Corporation of America Employees' 401(k) Plan in FL ($11M); by covered participants it is Ovia Health 401(k) Plan in NC (76 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (76 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 Somat Engineering, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Somat Engineering, Inc. 401(k) Profit Sharing Plan grew sharply - up 28.1% during 2023, from $9M to $11M. Reported net income was $2M.
How have Somat Engineering, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Somat Engineering, Inc.'s sponsor-wide assets grew 28.1%, from $9M to $11M.
Which 401(k) plans are similar in size to Somat Engineering, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pilot Corporation of America Employees' 401(k) Plan in FL ($11M, 59 participants).
Which 401(k) plans cover a similar participant headcount to Somat Engineering, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ovia Health 401(k) Plan in NC (76 participants, $4M 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 382639838.

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.