401(k) · DOL Form 5500 · 2023

Espec North America, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
237
Participants Below avg headcount
70th
Percentile by assets National rank
$73,329
Avg per participant Below avg balance/head
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Official DOL plan name: Espec North America, Inc. 401(k) Retirement Savings Plan · Sponsored by Espec North America, Inc. · Michigan · Manufacturing

$17M in assets, 237 participants

Espec North America, Inc.'s Espec North America, Inc. 401(k) Retirement Savings Plan reported $17M in total assets and 237 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #11,075 in Manufacturing (18,722 peers)

Coverage in Michigan

Espec North America, Inc. 401(k) Retirement Savings Plan covers 237 participants in Michigan, about 37% of the average Michigan filer (state average ~638 per filing). Assets: $17M.

#11,075
in Manufacturing (18,722 peers)
+22.5%
assets growth YoY

Espec North America, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

Espec North America, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$17,378,948 Top 30% higher than 70% 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

Espec North America, Inc. 401(k) Retirement Savings 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. Espec North America, Inc. 401(k) Retirement Savings Plan sits mid-pack in the medium band (237 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Espec North America, Inc. 401(k) Retirement Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Espec North America, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Espec North America, Inc. 401(k) Retirement Savings Plan reported participants fell from 245 in the plan year 2022 filing to 237 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 133183033 · Espec North America, Inc. PY 2023 · 401(k)

Espec North America, Inc. 401(k) Retirement Savings Plan · $17M · 237 · 70th

  • BOOK $17M
  • BOOK 237
  • BOOK 70th
  • BOOK 401(k)
  • BOOK near Mcgarrah Jessee, LP Retirement Plan
  • BOOK ind #11075

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 →

Espec North America, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Espec North America, Inc. 401(k) Retirement Savings PlanEspec North America, Inc. 40…$17MMcgarrah Jessee, LP Retirement PlanMcgarrah Jessee, LP Retireme…$17MAccess Vg LLC 401(k) Plan$17MNei General Contracting, Inc. 401(k) PlanNei General Contracting, Inc…$17MCotting School 401(k) Retirement PlanCotting School 401(k) Retire…$17M
End-of-year total assets ($M) among Espec North America, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN133183033
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Espec North America, Inc.)

Sponsor-wide plan assets over time

All Espec North America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 38.80392306077095% vs 2022
2024 filing year
$12M$14M$16M$18M$20M$22M 202220232024 $14.2M $19.7M ▲ +38.8%
Year Plans Participants Total Assets
2022 1 245 $14M
2023 1 237 $17M
2024 1 240 $20M

Nearby 401(k) Plans in Michigan

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

Espec North America, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Espec North America, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.017378948 · Participants: 237Espec North America, Inc. 401(k) Retirement Savings 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
Espec North America, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Espec North America, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Mcgarrah Jessee, LP Retirement Plan in TX ($17M); by covered participants it is Precision Document Solutions, Inc. 401(k) Plan in TX (237 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (237 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 Espec North America, Inc. 401(k) Retirement Savings Plan assets move in 2023?
Espec North America, Inc. 401(k) Retirement Savings Plan grew sharply - up 22.5% during 2023, from $14M to $17M. Reported net income was $3M.
How have Espec North America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Espec North America, Inc.'s sponsor-wide assets grew 38.8%, from $14M to $20M.
Which 401(k) plans are similar in size to Espec North America, Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Mcgarrah Jessee, LP Retirement Plan in TX ($17M, 127 participants).
Which 401(k) plans cover a similar participant headcount to Espec North America, Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Precision Document Solutions, Inc. 401(k) Plan in TX (237 participants, $845K in assets).