401(k) · DOL Form 5500 · 2023

Kendall Electric, Inc. 401(k) Plan

Data updated 2026-08-11

$214M
Total assets: 1,541
Participants: 95th
Percentile by assets: $138,575
Avg per participant

Official DOL plan name: Kendall Electric, Inc. Profit Sharing Plan · Sponsored by Kendall Electric, Inc. · Michigan · Wholesale Trade

$214M in assets, 1,541 participants

Kendall Electric, Inc.'s Kendall Electric, Inc. Profit Sharing Plan reported $214M in total assets and 1,541 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#6,072 in Wholesale Trade (6,309 peers)

Coverage in Michigan

Kendall Electric, Inc. Profit Sharing Plan covers 1,541 participants in Michigan, 2.4x the typical Michigan plan (state average ~638 per filing). Assets: $214M.

$214M
total plan assets (2023 EOY): 1,541
covered participants: 95th
percentile by assets (of 127,072 plans): $138,575
avg assets per participant

Where Kendall Electric, Inc. Profit Sharing Plan sits by total assets

Kendall Electric, Inc. Profit Sharing Plan vs every filed plan by assets

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

$213,543,585 Top 5% higher than 95% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Kendall Electric, Inc. Profit Sharing Plan reported net income rose from -$59M in the plan year 2022 filing to $24M in the plan year 2023 filing.
Kendall Electric, Inc. Profit Sharing Plan reported participants rose from 1,299 in the plan year 2022 filing to 1,541 in the plan year 2023 filing.
Kendall Electric, Inc. Profit Sharing Plan end-of-year assets rose from $190M in the plan year 2022 filing to $214M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Wholesale Trade

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Kendall Electric, Inc. Profit Sharing Plan reports 1,541 participants - 2.4x that state average ($214M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$190M
Net Assets (End of Year)	$214M
Net Income	$24M
Employer EIN	382023622
Plan Effective Date	1977-02-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Kendall Electric, Inc.)

Total plan assets by year, all Kendall Electric, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	3,116	$915M
2023	2	3,448	$1.0B
2024	2	3,596	$1.1B

Nearby 401(k) Plans in Michigan

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

Kendall Electric, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Kendall Electric, Inc. Profit Sharing Pl… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kendall Electric, Inc. Profit Sharing Plan by total assets, not by location.

Summit Racing Equipment Retirement Plan (OH) $214M · 1,886
Affordable Care, LLC Multiple Employer 401(k) Plan (NC) $214M · 2,393
Gatx Corporation Salaried Employees Retirement Savings Plan (IL) $214M · 616
Agropur Inc. 401(k) Retirement Savings Plan (WI) $213M · 2,194

Frequently Asked Questions

How did Kendall Electric, Inc. Profit Sharing Plan assets move in 2023? ▼

Kendall Electric, Inc. Profit Sharing Plan grew at a solid clip - up 12.6% during 2023, from $190M to $214M. Reported net income was $24M.

How have Kendall Electric, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Kendall Electric, Inc.'s sponsor-wide assets grew 23.5%, from $915M to $1.1B.

Where does Kendall Electric, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Kendall Electric, Inc. Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Kendall Electric, Inc. Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Summit Racing Equipment Retirement Plan in OH ($214M, 1,886 participants).

Next read for Kendall Electric, Inc. Profit Sharing Pl…

Filing takeaways

Ways to act on Kendall Electric, Inc. Profit Sharing Plan's numbers.

By total assets, Kendall Electric, Inc. Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Kendall Electric, Inc.'s sponsor-wide assets have grown 23.5% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 382023622.