401(k) · DOL Form 5500 · 2023

Butech, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
258
Participants Below avg headcount
80th
Percentile by assets National rank
$127,033
Avg per participant Near avg balance/head
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Official DOL plan name: Butech, Inc. 401(k) Profit Sharing Plan · Sponsored by Butech, Inc. · Ohio · Manufacturing

$33M in assets, 258 participants

Butech, Inc.'s Butech, Inc. 401(k) Profit Sharing Plan reported $33M in total assets and 258 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,581 in Manufacturing (18,722 peers)

Coverage in Ohio

Butech, Inc. 401(k) Profit Sharing Plan covers 258 participants in Ohio, about 34% of the average Ohio filer (state average ~765 per filing). Assets: $33M.

#13,581
in Manufacturing (18,722 peers)
+23.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Butech, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Butech, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$32,774,493 Top 20% higher than 80% 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

Butech, Inc. 401(k) Profit Sharing 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. Butech, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (258 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Butech, Inc. 401(k) Profit Sharing Plan reported net income rose from -$7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Butech, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $27M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Butech, Inc. 401(k) Profit Sharing Plan reported participants fell from 267 in the plan year 2022 filing to 258 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 341472584 · Butech, Inc. PY 2023 · 401(k)

Butech, Inc. 401(k) Profit Sharing Plan · $33M · 258 · 80th

  • TYPE $33M
  • NET 258
  • BOOK 80th
  • VS-ST 401(k)
  • BOY near Ai Signal Research, Inc. 401(k) Profit Sharing Plan and Trust
  • SCH ind #13581

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 Ohio →

Butech, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Ai Signal Research, Inc. 401(k) Profit Sharing Plan and TrustAi Signal Research, Inc. 401…$33MKta Super Stores 401(k) Profit Sharing Plan PlanKta Super Stores 401(k) Prof…$33MButech, Inc. 401(k) Profit Sharing PlanButech, Inc. 401(k) Profit S…$33MAce Precision Machining, LLC 401(k) Profit Sharing PlanAce Precision Machining, LLC…$33MMeritrust Credit Union 401(k) PlanMeritrust Credit Union 401(k…$33M
End-of-year total assets ($M) among Butech, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$33M
Net Income$6M
Employer EIN341472584
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Butech, Inc.)

Sponsor-wide plan assets over time

All Butech, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$38M 41.73424531630493% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.7M $37.8M ▲ +41.7%
Year Plans Participants Total Assets
2022 1 267 $27M
2023 1 258 $33M
2024 1 262 $38M

Nearby 401(k) Plans in Ohio

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

Butech, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Butech, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.032774493 · Participants: 258Butech, Inc. 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Butech, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Butech, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Ai Signal Research, Inc. 401(k) Profit Sharing Plan and Trust in AL ($33M); by covered participants it is Validatek Retirement Savings Plan in VA (258 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (258 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 Butech, Inc. 401(k) Profit Sharing Plan assets move in 2023?
Butech, Inc. 401(k) Profit Sharing Plan grew sharply - up 23.0% during 2023, from $27M to $33M. Reported net income was $6M.
How have Butech, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Butech, Inc.'s sponsor-wide assets grew 41.7%, from $27M to $38M.
Where does Butech, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Butech, Inc. 401(k) Profit Sharing Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Butech, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Ai Signal Research, Inc. 401(k) Profit Sharing Plan and Trust in AL ($33M, 211 participants).
Which 401(k) plans cover a similar participant headcount to Butech, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Validatek Retirement Savings Plan in VA (258 participants, $23M in assets).