401(k) · DOL Form 5500 · 2023

Binsons Hospital Supplies, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
747
Participants Near avg headcount
56th
Percentile by assets National rank
$11,838
Avg per participant Low balance/head
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Official DOL plan name: Binson's Hospital Supplies, Inc. 401(k) Plan · Sponsored by Binsons Hospital Supplies, Inc. · Michigan · Retail Trade

$9M in assets, 747 participants

Binsons Hospital Supplies, Inc.'s Binson's Hospital Supplies, Inc. 401(k) Plan reported $9M in total assets and 747 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.

  • #5,587 in Retail Trade (8,414 peers)

Binsons Hospital Supplies, Inc. multi-year trail

Binsons Hospital Supplies, Inc.'s plans moved +43.5% in assets from 2022 to 2024; this filing shows Binson's Hospital Supplies, Inc. 401(k) Plan at $9M / 747 participants.

#5,587
in Retail Trade (8,414 peers)
+22.9%
assets growth YoY

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

Binson's Hospital Supplies, Inc. 401(k) Plan vs every filed plan by assets

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

$8,843,277 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

Binson's Hospital Supplies, 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. Binson's Hospital Supplies, Inc. 401(k) Plan sits mid-pack in the medium band (747 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Binson's Hospital Supplies, Inc. 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Binson's Hospital Supplies, Inc. 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Binson's Hospital Supplies, Inc. 401(k) Plan reported participants fell from 880 in the plan year 2022 filing to 747 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 382236525 · Binsons Hospital Supplies, Inc. PY 2023 · 401(k)

Binson's Hospital Supplies, Inc. 401(k) Plan · $9M · 747 · 56th

  • TYPE $9M
  • NET 747
  • BOOK 56th
  • VS-ST 401(k)
  • BOY near Shakti Group, Inc. 401(k) Plan
  • SCH ind #5587

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 →

Binson's Hospital Supplies, Inc. 401(k) Plan in the asset neighbourhood

Binson's Hospital Supplies, Inc. 401(k) PlanBinson's Hospital Supplies, …$9MShakti Group, Inc. 401(k) PlanShakti Group, Inc. 401(k) Pl…$9MRs, LLC 401(k) Plan$9MJserra Catholic High School 401(k) Savings PlanJserra Catholic High School …$9MFriends of the Zoo 401(k) PlanFriends of the Zoo 401(k) Pl…$9M
End-of-year total assets ($M) among Binson's Hospital Supplies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Binsons Hospital Supplies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Binsons Hospital Supplies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 43.5099238039921% vs 2022
2024 filing year
$6M$7M$8M$9M$10M$11M 202220232024 $7.19M $10.3M ▲ +43.5%
Year Plans Participants Total Assets
2022 1 880 $7M
2023 1 747 $9M
2024 1 758 $10M

Binsons Hospital Supplies, Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN382236525
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Binson's Hospital Supplies, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Binson's Hospital Supplies, Inc. 401(k) Plan, Total assets ($B): 0.008843277 · Participants: 747Binson's Hospital Supplies, 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
Binson's Hospital Supplies, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Binson's Hospital Supplies, Inc. 401(k) Plan side-by-side with 3 peers →

Binson's Hospital Supplies, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Shakti Group, Inc. 401(k) Plan in TX ($9M); by covered participants it is Ses Americom Retirement and Savings Plan in NJ (747 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 (747 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 Binson's Hospital Supplies, Inc. 401(k) Plan assets move in 2023? ▼
Binson's Hospital Supplies, Inc. 401(k) Plan grew sharply - up 22.9% during 2023, from $7M to $9M. Reported net income was $2M.
How have Binsons Hospital Supplies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Binsons Hospital Supplies, Inc.'s sponsor-wide assets grew 43.5%, from $7M to $10M.
Which 401(k) plans are similar in size to Binson's Hospital Supplies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shakti Group, Inc. 401(k) Plan in TX ($9M, 30 participants).
Which 401(k) plans cover a similar participant headcount to Binson's Hospital Supplies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ses Americom Retirement and Savings Plan in NJ (747 participants, $246M 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 382236525.

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.