401(k) · DOL Form 5500 · 2023

Michael Painting & Decorating, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
17
Participants Small participant base
30th
Percentile by assets National rank
$114,078
Avg per participant Below avg balance/head
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Official DOL plan name: Michael Painting & Decorating, Inc. 401(k) Retirement Plan · Sponsored by Michael Painting & Decorating, Inc. · Iowa · Construction

$2M in assets, 17 participants

Michael Painting & Decorating, Inc.'s Michael Painting & Decorating, Inc. 401(k) Retirement Plan reported $2M in total assets and 17 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #2,520 in Construction (9,030 peers)

Michael Painting & Decorating, Inc. multi-year trail

Michael Painting & Decorating, Inc.'s plans moved +32.5% in assets from 2022 to 2024; this filing shows Michael Painting & Decorating, Inc. 401(k) Retirement Plan at $2M / 17 participants.

#2,520
in Construction (9,030 peers)
+19.4%
assets growth YoY

Michael Painting & Decorating, Inc. 401(k) Retirement Plan among the smaller filed plans by assets

Michael Painting & Decorating, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$1,939,330 30th percentile higher than 30% 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

Michael Painting & Decorating, Inc. 401(k) Retirement 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. Michael Painting & Decorating, Inc. 401(k) Retirement Plan is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michael Painting & Decorating, Inc. 401(k) Retirement Plan reported net income rose from $43K in the plan year 2022 filing to $315K in the plan year 2023 filing.
  • Michael Painting & Decorating, Inc. 401(k) Retirement Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Michael Painting & Decorating, Inc. 401(k) Retirement Plan reported participants fell from 18 in the plan year 2022 filing to 17 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 421037385 · Michael Painting & Decorating, Inc. PY 2023 · 401(k)

Michael Painting & Decorating, Inc. 401(k) Retirement Plan · $2M · 17 · 30th

  • SCH $2M
  • EBSA 17
  • PART 30th
  • TYPE 401(k)
  • NET near Strawn Construction, Inc. 401(k) Profit Sharing Plan
  • BOOK ind #2520

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 Iowa →

Michael Painting & Decorating, Inc. 401(k) Retirement Plan in the asset neighbourhood

Michael Painting & Decorating, Inc. 401(k) Retirement PlanMichael Painting & Decoratin…$2MStrawn Construction, Inc. 401(k) Profit Sharing PlanStrawn Construction, Inc. 40…$2MRiteway Electric, Inc. 401(k) Profit Sharing PlanRiteway Electric, Inc. 401(k…$2MAmpm, Inc. 401(k) Plan$2MDee Plumbing & Sewer Inc 401(k) PlanDee Plumbing & Sewer Inc 401…$2M
End-of-year total assets ($M) among Michael Painting & Decorating, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michael Painting & Decorating, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Michael Painting & Decorating, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 32.536551975456376% vs 2022
2024 filing year
$1.4M$1.6M$1.8M$2M$2.2M$2.4M 202220232024 $1.62M $2.15M ▲ +32.7%
Year Plans Participants Total Assets
2022 1 18 $2M
2023 1 17 $2M
2024 1 18 $2M

Michael Painting & Decorating, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$315K
Employer EIN421037385
Plan Effective Date1996-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Iowa

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

Michael Painting & Decorating, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Michael Painting & Decorating, Inc. 401(k) Retirement Plan, Total assets ($B): 0.00193933 · Participants: 17Michael Painting & Decorating, Inc. 401(k) Retirement PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Michael Painting & Decorating, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Michael Painting & Decorating, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Michael Painting & Decorating, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Strawn Construction, Inc. 401(k) Profit Sharing Plan in CA ($2M); by covered participants it is Surgical Associates of La Jolla Medical Group Inc. Profit Sharing Plan in CA (17 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17 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 Michael Painting & Decorating, Inc. 401(k) Retirement Plan assets move in 2023? ▼
Michael Painting & Decorating, Inc. 401(k) Retirement Plan grew sharply - up 19.4% during 2023, from $2M to $2M. Reported net income was $315K.
How have Michael Painting & Decorating, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michael Painting & Decorating, Inc.'s sponsor-wide assets grew 32.5%, from $2M to $2M.
Which 401(k) plans are similar in size to Michael Painting & Decorating, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Strawn Construction, Inc. 401(k) Profit Sharing Plan in CA ($2M, 17 participants).
Which 401(k) plans cover a similar participant headcount to Michael Painting & Decorating, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Surgical Associates of La Jolla Medical Group Inc. Profit Sharing Plan in CA (17 participants, $6M 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 421037385.

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.