401(k) · DOL Form 5500 · 2023

Air Way Automation, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
81
Participants Small participant base
60th
Percentile by assets National rank
$134,432
Avg per participant Near avg balance/head
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Official DOL plan name: Air Way Automation, Inc. 401(k) Retirement Plan · Sponsored by Air Way Automation, Inc. · Michigan · Agriculture, Forestry & Fishing

$11M in assets, 81 participants

Air Way Automation, Inc.'s Air Way Automation, Inc. 401(k) Retirement Plan reported $11M in total assets and 81 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #843 in Agriculture, Forestry & Fishing (1,288 peers)

Air Way Automation, Inc. multi-year trail

Air Way Automation, Inc.'s plans moved +44.5% in assets from 2022 to 2024; this filing shows Air Way Automation, Inc. 401(k) Retirement Plan at $11M / 81 participants.

#843
in Agriculture, Forestry & Fishing (1,288 peers)
+29.5%
assets growth YoY

Air Way Automation, Inc. 401(k) Retirement Plan's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers

Air Way Automation, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$10,889,004 Top 40% higher than 60% 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

Air Way Automation, 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. Air Way Automation, Inc. 401(k) Retirement Plan is a small filing (81 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Air Way Automation, Inc. 401(k) Retirement Plan reported net income rose from -$653K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Air Way Automation, Inc. 401(k) Retirement Plan end-of-year assets rose from $8M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Air Way Automation, Inc. 401(k) Retirement Plan reported participants rose from 68 in the plan year 2022 filing to 81 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 382171557 · Air Way Automation, Inc. PY 2023 · 401(k)

Air Way Automation, Inc. 401(k) Retirement Plan · $11M · 81 · 60th

  • 5500 $11M
  • ASSETS 81
  • PCT 60th
  • EIN 401(k)
  • RANK near Waggoner Engineering, Inc. 401(k) Plan & Trust
  • PHOTO ind #843

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Michigan →

Air Way Automation, Inc. 401(k) Retirement Plan in the asset neighbourhood

Air Way Automation, Inc. 401(k) Retirement PlanAir Way Automation, Inc. 401…$11MWaggoner Engineering, Inc. 401(k) Plan & TrustWaggoner Engineering, Inc. 4…$11MAnderson Auto Group 401(k) Profit Sharing Plan & TrustAnderson Auto Group 401(k) P…$11MIbis 401(k) Retirement Savings PlanIbis 401(k) Retirement Savin…$11MOneunited Bank 401(k) Plan$11M
End-of-year total assets ($M) among Air Way Automation, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Air Way Automation, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Air Way Automation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 44.540040259828615% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $8.41M $12.2M ▲ +44.5%
Year Plans Participants Total Assets
2022 1 68 $8M
2023 1 81 $11M
2024 1 96 $12M

Air Way Automation, Inc. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN382171557
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Air Way Automation, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Air Way Automation, Inc. 401(k) Retirement Plan, Total assets ($B): 0.010889004 · Participants: 81Air Way Automation, Inc. 401(k) Retirement 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
Air Way Automation, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Air Way Automation, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Air Way Automation, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Waggoner Engineering, Inc. 401(k) Plan & Trust in MS ($11M); by covered participants it is Vaughn Electric Company,Inc. 401(k) Plan in TN (81 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (81 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 Air Way Automation, Inc. 401(k) Retirement Plan assets move in 2023? ▼
Air Way Automation, Inc. 401(k) Retirement Plan grew sharply - up 29.5% during 2023, from $8M to $11M. Reported net income was $2M.
How have Air Way Automation, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Air Way Automation, Inc.'s sponsor-wide assets grew 44.5%, from $8M to $12M.
Which 401(k) plans are similar in size to Air Way Automation, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Waggoner Engineering, Inc. 401(k) Plan & Trust in MS ($11M, 154 participants).
Which 401(k) plans cover a similar participant headcount to Air Way Automation, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Vaughn Electric Company,Inc. 401(k) Plan in TN (81 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 382171557.

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.