401(k) · DOL Form 5500 · 2023

Sietsema Farms Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
205
Participants Below avg headcount
64th
Percentile by assets National rank
$63,871
Avg per participant Low balance/head
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Official DOL plan name: Sietsema Farms 401(k) Plan · Sponsored by Sietsema Farms Inc. · Michigan · Agriculture, Forestry & Fishing

$13M in assets, 205 participants

Sietsema Farms Inc.'s Sietsema Farms 401(k) Plan reported $13M in total assets and 205 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

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

Coverage in Michigan

Sietsema Farms 401(k) Plan covers 205 participants in Michigan, about 32% of the average Michigan filer (state average ~638 per filing). Assets: $13M.

#909
in Agriculture, Forestry & Fishing (1,288 peers)
+24.4%
assets growth YoY

Sietsema Farms 401(k) Plan's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers

Sietsema Farms 401(k) Plan vs every filed plan by assets

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

$13,093,631 Top 36% higher than 64% 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

Sietsema Farms 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. Sietsema Farms 401(k) Plan sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sietsema Farms 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sietsema Farms 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 383001620 · Sietsema Farms Inc. PY 2023 · 401(k)

Sietsema Farms 401(k) Plan · $13M · 205 · 64th

  • RANK $13M
  • PHOTO 205
  • IND 64th
  • EOY 401(k)
  • 5500 near Keb America, Inc. 401(k) Plan
  • ASSETS ind #909

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 →

Sietsema Farms 401(k) Plan in the asset neighbourhood

Sietsema Farms 401(k) Plan$13MKeb America, Inc. 401(k) Plan$13MAvb Bank 401(k) Profit Sharing PlanAvb Bank 401(k) Profit Shari…$13MMarquardt Memorial Manor, Inc. Savings PlanMarquardt Memorial Manor, In…$13MPettit Kohn Ingrassia Lutz & Dolin PC 401(k) PlanPettit Kohn Ingrassia Lutz &…$13M
End-of-year total assets ($M) among Sietsema Farms 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN383001620
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sietsema Farms Inc.)

Sponsor-wide plan assets over time

All Sietsema Farms Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 34.90899081606795% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $10.5M $14.2M ▲ +34.9%
Year Plans Participants Total Assets
2022 1 203 $11M
2023 1 205 $13M
2024 1 201 $14M

Nearby 401(k) Plans in Michigan

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

Sietsema Farms 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Sietsema Farms 401(k) Plan, Total assets ($B): 0.013093631 · Participants: 205Sietsema Farms 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
Sietsema Farms 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Sietsema Farms 401(k) Plan side-by-side with 3 peers →

Sietsema Farms 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Keb America, Inc. 401(k) Plan in MN ($13M); by covered participants it is Healthstar Physicians 401(k) & Profit Sharing Plan in AR (205 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (205 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 Sietsema Farms 401(k) Plan assets move in 2023? ▼
Sietsema Farms 401(k) Plan grew sharply - up 24.4% during 2023, from $11M to $13M. Reported net income was $3M.
How have Sietsema Farms Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sietsema Farms Inc.'s sponsor-wide assets grew 34.9%, from $11M to $14M.
Which 401(k) plans are similar in size to Sietsema Farms 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Keb America, Inc. 401(k) Plan in MN ($13M, 111 participants).
Which 401(k) plans cover a similar participant headcount to Sietsema Farms 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Healthstar Physicians 401(k) & Profit Sharing Plan in AR (205 participants, $1M 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 383001620.

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.