401(k) · DOL Form 5500 · 2023

Thelen, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
102
Participants Small participant base
56th
Percentile by assets National rank
$88,202
Avg per participant Below avg balance/head
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Official DOL plan name: Thelen Inc. 401(k) Plan · Sponsored by Thelen, Inc. · Michigan · Retail Trade

$9M in assets, 102 participants

Thelen, Inc.'s Thelen Inc. 401(k) Plan reported $9M in total assets and 102 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.

  • #5,629 in Retail Trade (8,414 peers)

Coverage in Michigan

Thelen Inc. 401(k) Plan covers 102 participants in Michigan, about 16% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#5,629
in Retail Trade (8,414 peers)
+16.7%
assets growth YoY

Thelen Inc. 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Thelen Inc. 401(k) Plan vs every filed plan by assets

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

$8,996,556 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

Thelen Inc. 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. Thelen Inc. 401(k) Plan sits mid-pack in the medium band (102 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thelen Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Thelen Inc. 401(k) Plan reported participants fell from 126 in the plan year 2022 filing to 102 in the plan year 2023 filing.
  • Thelen Inc. 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381737354 · Thelen, Inc. PY 2023 · 401(k)

Thelen Inc. 401(k) Plan · $9M · 102 · 56th

  • PCT $9M
  • PCT 102
  • PCT 56th
  • PCT 401(k)
  • PCT near Nueces Farm Center, Inc. 401(k) Profit Sharing Plan
  • PCT ind #5629

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 Retail Trade retirement plans → · Plans in Michigan →

Thelen Inc. 401(k) Plan in the asset neighbourhood

Thelen Inc. 401(k) Plan$9MNueces Farm Center, Inc. 401(k) Profit Sharing PlanNueces Farm Center, Inc. 401…$9MRay Black & Son, Inc. Profit Sharing PlanRay Black & Son, Inc. Profit…$9MPorterville Sheltered Workshop 401(k) Salary Savings PlanPorterville Sheltered Worksh…$9MCarolina Cardiology Associates, P.a. 401(k) Profit Sharing PlanCarolina Cardiology Associat…$9M
End-of-year total assets ($M) among Thelen Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN381737354
Plan Effective Date1968-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Thelen, Inc.)

Sponsor-wide plan assets over time

All Thelen, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 37.95132964994778% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.71M $10.6M ▲ +37.9%
Year Plans Participants Total Assets
2022 1 126 $8M
2023 1 102 $9M
2024 1 131 $11M

Nearby 401(k) Plans in Michigan

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

Thelen Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Thelen Inc. 401(k) Plan, Total assets ($B): 0.008996556 · Participants: 102Thelen Inc. 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
Thelen Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Thelen Inc. 401(k) Plan side-by-side with 3 peers →

Thelen Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Nueces Farm Center, Inc. 401(k) Profit Sharing Plan in TX ($9M); by covered participants it is Air-Land Transport Service, Inc. 401(k) Plan in IL (102 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (102 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 Thelen Inc. 401(k) Plan assets move in 2023? ▼
Thelen Inc. 401(k) Plan grew sharply - up 16.7% during 2023, from $8M to $9M. Reported net income was $1M.
How have Thelen, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Thelen, Inc.'s sponsor-wide assets grew 38.0%, from $8M to $11M.
Which 401(k) plans are similar in size to Thelen Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nueces Farm Center, Inc. 401(k) Profit Sharing Plan in TX ($9M, 150 participants).
Which 401(k) plans cover a similar participant headcount to Thelen Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Air-Land Transport Service, Inc. 401(k) Plan in IL (102 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 381737354.

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.