401(k) · DOL Form 5500 · 2023

Trimas Corporation 401(k) Plan

Data updated 2026-08-11

$77M
Total assets
1,211
Participants
89th
Percentile by assets
$63,871
Avg per participant
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Official DOL plan name: Trimas Corporation Hourly Retirement Program · Sponsored by Trimas Corporation · Michigan · Manufacturing

$77M in assets, 1,211 participants

Trimas Corporation's Trimas Corporation Hourly Retirement Program reported $77M in total assets and 1,211 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #15,789 in Manufacturing (18,722 peers)

Where Trimas Corporation Hourly Retirement Program sits by assets

Trimas Corporation Hourly Retirement Program sits in the top quartile of all filed plans by assets, $77M for 1,211 participants (~$63,871/participant), up 24.1% in 2023.

$77M
total plan assets (2023 EOY)
1,211
covered participants
89th
percentile by assets (of 127,072 plans)
$63,871
avg assets per participant

Where Trimas Corporation Hourly Retirement Program sits by total assets

Trimas Corporation Hourly Retirement Program vs every filed plan by assets

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

$77,347,825 Top 11% higher than 89% 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

  • Trimas Corporation Hourly Retirement Program reported net income rose from -$16M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Trimas Corporation Hourly Retirement Program end-of-year assets rose from $62M in the plan year 2022 filing to $77M in the plan year 2023 filing.
  • Trimas Corporation Hourly Retirement Program reported participants rose from 1,182 in the plan year 2022 filing to 1,211 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Michigan
Industry
Manufacturing

Trimas Corporation Hourly Retirement Program vs the 2023 asset distribution

By assets, Trimas Corporation Hourly Retirement Program outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$77M
Net Income$11M
Employer EIN382687639
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trimas Corporation)

$140M$160M$180M$200M$220M$240M 202220232024 $162M $217M ▲ +34.1%
Total plan assets by year, all Trimas Corporation plans on file
Year Plans Participants Total Assets
2022 3 1,735 $162M
2023 3 1,784 $192M
2024 3 2,167 $217M

Nearby 401(k) Plans in Michigan

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

Trimas Corporation Hourly Retirement Program vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Trimas Corporation H…, Total assets ($B): 0.077347825 · Participants: 1211Trimas Corporation H…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…
Trimas Corporation Hourly Retirement Program vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Trimas Corporation Hourly Retirement Pro… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Trimas Corporation Hourly Retirement Program by total assets, not by location.

Frequently Asked Questions

How did Trimas Corporation Hourly Retirement Program assets move in 2023? ▼
Trimas Corporation Hourly Retirement Program grew sharply - up 24.1% during 2023, from $62M to $77M. Reported net income was $11M.
How have Trimas Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trimas Corporation's sponsor-wide assets grew 34.1%, from $162M to $217M.
Where does Trimas Corporation Hourly Retirement Program rank by assets among Form 5500 filers? ▼
Trimas Corporation Hourly Retirement Program ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Trimas Corporation Hourly Retirement Program? ▼
Among 401(k) plans in other states, the closest by assets is Mendo Group Savings and Profit Sharing Plan in CA ($77M, 950 participants).

Next read for Trimas Corporation Hourly Retirement Pro…

Scale reading

Ways to act on Trimas Corporation Hourly Retirement Program's numbers.

  • By total assets, Trimas Corporation Hourly Retirement Program ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Trimas Corporation's sponsor-wide assets have grown 34.1% since 2022 across 3 plan years on file. More Manufacturing plans

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 382687639.

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.