401(k) · DOL Form 5500 · 2023

Verplank Family Holding Company 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
116
Participants Small participant base
56th
Percentile by assets National rank
$74,886
Avg per participant Below avg balance/head
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Official DOL plan name: Verplank Family Holding Co. Profit-Sharing and 401(k) Plan · Sponsored by Verplank Family Holding Company · Michigan · Transportation & Warehousing

$9M in assets, 116 participants

Verplank Family Holding Company's Verplank Family Holding Co. Profit-Sharing and 401(k) Plan reported $9M in total assets and 116 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #1,887 in Transportation & Warehousing (3,362 peers)

Coverage in Michigan

Verplank Family Holding Co. Profit-Sharing and 401(k) Plan covers 116 participants in Michigan, about 18% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#1,887
in Transportation & Warehousing (3,362 peers)
+26.6%
assets growth YoY

Verplank Family Holding Co. Profit-Sharing and 401(k) Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Verplank Family Holding Co. Profit-Sharing and 401(k) Plan vs every filed plan by assets

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

$8,686,793 Top 44% higher than 56% 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

Verplank Family Holding Co. Profit-Sharing and 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Verplank Family Holding Co. Profit-Sharing and 401(k) Plan sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Verplank Family Holding Co. Profit-Sharing and 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Verplank Family Holding Co. Profit-Sharing and 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Verplank Family Holding Co. Profit-Sharing and 401(k) Plan reported participants rose from 111 in the plan year 2022 filing to 116 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 383546912 · Verplank Family Holding Company PY 2023 · 401(k)

Verplank Family Holding Co. Profit-Sharing and 401(k) Plan · $9M · 116 · 56th

  • RANK $9M
  • RANK 116
  • RANK 56th
  • RANK 401(k)
  • RANK near Influxdata Inc. Retirement Trust
  • RANK ind #1887

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Verplank Family Holding Co. Profit-Sharing and 401(k) Plan in the asset neighbourhood

Verplank Family Holding Co. Profit-Sharing and 401(k) PlanVerplank Family Holding Co. …$9MInfluxdata Inc. Retirement TrustInfluxdata Inc. Retirement T…$9MMedimetriks Pharmaceuticals, Inc. 401(k) PlanMedimetriks Pharmaceuticals,…$9MA.R. Sandri, Inc. 401(k) Savings PlanA.R. Sandri, Inc. 401(k) Sav…$9MMidwest Carriers 401(k) Plan & TrustMidwest Carriers 401(k) Plan…$9M
End-of-year total assets ($M) among Verplank Family Holding Co. Profit-Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN383546912
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Verplank Family Holding Company)

Sponsor-wide plan assets over time

All Verplank Family Holding Company plans reported in each filing year

Latest sponsor-wide plan assets
$10M 47.30603116998844% vs 2022
2024 filing year
$6M$7M$8M$9M$10M$11M 202220232024 $6.86M $10.1M ▲ +47.4%
Year Plans Participants Total Assets
2022 1 111 $7M
2023 1 116 $9M
2024 1 120 $10M

Nearby 401(k) Plans in Michigan

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

Verplank Family Holding Co. Profit-Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Verplank Family Holding Co. Profit-Sharing and 401(k) Plan, Total assets ($B): 0.008686793 · Participants: 116Verplank Family Holding Co. Profit-Sharing and 401(k) 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
Verplank Family Holding Co. Profit-Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Verplank Family Holding Co. Profit-Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Influxdata Inc. Retirement Trust in CA ($9M); by covered participants it is Commonwealth Electrical Technologies, Inc. 401(k) Plan in MA (116 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (116 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 Verplank Family Holding Co. Profit-Sharing and 401(k) Plan assets move in 2023?
Verplank Family Holding Co. Profit-Sharing and 401(k) Plan grew sharply - up 26.6% during 2023, from $7M to $9M. Reported net income was $2M.
How have Verplank Family Holding Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Verplank Family Holding Company's sponsor-wide assets grew 47.3%, from $7M to $10M.
Which 401(k) plans are similar in size to Verplank Family Holding Co. Profit-Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Influxdata Inc. Retirement Trust in CA ($9M, 128 participants).
Which 401(k) plans cover a similar participant headcount to Verplank Family Holding Co. Profit-Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Commonwealth Electrical Technologies, Inc. 401(k) Plan in MA (116 participants, N/A in assets).