401(k) · DOL Form 5500 · 2023

Best Metal Products Company 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets: 100
Participants Small participant base: 43rd
Percentile by assets National rank: $46,010
Avg per participant Low balance/head

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Official DOL plan name: Best Metal Products Company Employees Profit Sharing Plan · Sponsored by Best Metal Products Company · Michigan · Manufacturing

$5M in assets, 100 participants

Best Metal Products Company's Best Metal Products Company Employees Profit Sharing Plan reported $5M in total assets and 100 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

#4,864 in Manufacturing (18,722 peers)

Coverage in Michigan

Best Metal Products Company Employees Profit Sharing Plan covers 100 participants in Michigan, about 16% of the average Michigan filer (state average ~638 per filing). Assets: $5M.

#4,864
in Manufacturing (18,722 peers): +25.0%
assets growth YoY

Best Metal Products Company Employees Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Best Metal Products Company Employees Profit Sharing Plan vs every filed plan by assets

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

$4,600,965 43rd percentile higher than 43% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Best Metal Products Company Employees 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. Best Metal Products Company Employees Profit Sharing Plan is a small filing (100 participants) on this national headcount ladder.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Best Metal Products Company Employees Profit Sharing Plan reported net income rose from -$689K in the plan year 2022 filing to $920K in the plan year 2023 filing.
Best Metal Products Company Employees Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Best Metal Products Company Employees Profit Sharing Plan reported participants rose from 91 in the plan year 2022 filing to 100 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381806291 · Best Metal Products Company PY 2023 · 401(k)

Best Metal Products Company Employees Profit Sharing Plan · $5M · 100 · 43rd

VS-ST $5M
VS-ST 100
VS-ST 43rd
VS-ST 401(k)
VS-ST near Rxvantage, Inc. 401(k) Plan
VS-ST ind #4864

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 Manufacturing retirement plans → · Plans in Michigan →

End-of-year total assets ($M) among Best Metal Products Company Employees Profit Sharing 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)	$5M
Net Income	$920K
Employer EIN	381806291
Plan Effective Date	1997-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Best Metal Products Company)

Latest sponsor-wide plan assets: $5M 37.17222341607309% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	91	$4M
2023	1	100	$5M
2024	1	108	$5M

Nearby 401(k) Plans in Michigan

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

Best Metal Products Company Employees Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Best Metal Products Company Employees Profit Sharing Plan side-by-side with 3 peers →

Best Metal Products Company Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Rxvantage, Inc. 401(k) Plan in RI ($5M); by covered participants it is Carteret Management Corporation 401(k) Plan in FL (100 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Rxvantage, Inc. 401(k) Plan (RI) $5M · 123
Columbiana Service Co., LLC 401(k) Retirement Plan (OH) $5M · 54
Netgain Technology 401(k)/Profit Sharing Plan (MN) $5M · 131
Summit Golf Brands Inc. 401(k) Plan (CT) $5M · 188

Similar participant headcount

Nearest other-state filings by covered participants (100 participants); asset peers above are excluded.

Carteret Management Corporation 401(k) Plan (FL) 100 · 0 off
Tantara Transportation Corp. 401(k) Plan & Trust (IA) 100 · 0 off
Alexander's Contract Services, Inc.401-K Plan (CA) 100 · 0 off
Coffman Truck Sales, Inc. 401(k) Plan (IL) 100 · 0 off

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 Best Metal Products Company Employees Profit Sharing Plan assets move in 2023? ▼

Best Metal Products Company Employees Profit Sharing Plan grew sharply - up 25.0% during 2023, from $4M to $5M. Reported net income was $920K.

How have Best Metal Products Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Best Metal Products Company's sponsor-wide assets grew 37.2%, from $4M to $5M.

Which 401(k) plans are similar in size to Best Metal Products Company Employees Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Rxvantage, Inc. 401(k) Plan in RI ($5M, 123 participants).

Which 401(k) plans cover a similar participant headcount to Best Metal Products Company Employees Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (100 participants, $370K 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 381806291.