401(k) · DOL Form 5500 · 2023

Sunmed LLC 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
393
Participants Below avg headcount
79th
Percentile by assets National rank
$77,274
Avg per participant Below avg balance/head
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Official DOL plan name: Sunmed LLC 401(k) Plan · Sponsored by Sunmed LLC · Michigan · Manufacturing

$30M in assets, 393 participants

Sunmed LLC's Sunmed LLC 401(k) Plan reported $30M in total assets and 393 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #13,354 in Manufacturing (18,722 peers)

Where Sunmed LLC 401(k) Plan sits by assets

Sunmed LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 393 participants (~$77,274/participant), up 71.5% in 2023.

#13,354
in Manufacturing (18,722 peers)
+71.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sunmed LLC 401(k) Plan's outsized position by total assets

Sunmed LLC 401(k) Plan vs every filed plan by assets

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

$30,368,532 Top 21% higher than 79% 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

Sunmed LLC 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. Sunmed LLC 401(k) Plan sits mid-pack in the medium band (393 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sunmed LLC 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Sunmed LLC 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Sunmed LLC 401(k) Plan reported participants fell from 439 in the plan year 2022 filing to 393 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 263700043 · Sunmed LLC PY 2023 · 401(k)

Sunmed LLC 401(k) Plan · $30M · 393 · 79th

  • EOY $30M
  • EOY 393
  • EOY 79th
  • EOY 401(k)
  • EOY near U.a. Plumbers & Steamfitters Defined Contribution and 401(k) Plan of Texas
  • EOY ind #13354

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 →

Sunmed LLC 401(k) Plan in the asset neighbourhood

Sunmed LLC 401(k) Plan$30MU.a. Plumbers & Steamfitters Defined Contribution and 401(k) Plan of TexasU.a. Plumbers & Steamfitters…$30MPriority Technology Holdings, Inc. 401(k) PlanPriority Technology Holdings…$30MCrowne Management, LLC 401(k) and Profit Sharing PlanCrowne Management, LLC 401(k…$30MYork General Health Care Services 401(k) Profit Sharing PlanYork General Health Care Ser…$30M
End-of-year total assets ($M) among Sunmed LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$30M
Net Income$13M
Employer EIN263700043
Plan Effective Date2012-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sunmed LLC)

Sponsor-wide plan assets over time

All Sunmed LLC plans reported in each filing year

Latest sponsor-wide plan assets
$39M 123.09316695459293% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $17.7M $39.5M ▲ +123.2%
Year Plans Participants Total Assets
2022 1 439 $18M
2023 1 393 $30M
2024 1 550 $39M

Nearby 401(k) Plans in Michigan

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

Sunmed LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Sunmed LLC 401(k) Plan, Total assets ($B): 0.030368532 · Participants: 393Sunmed LLC 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
Sunmed LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is U.a. Plumbers & Steamfitters Defined Contribution and 401(k) Plan of Texas in TX ($30M); by covered participants it is Anchor Industries, Inc. 401(k) Plan in IN (393 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (393 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 Sunmed LLC 401(k) Plan assets move in 2023?
Sunmed LLC 401(k) Plan surged - up 71.5% during 2023, from $18M to $30M. Reported net income was $13M.
How have Sunmed LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Sunmed LLC's sponsor-wide assets grew 123.1%, from $18M to $39M.
Where does Sunmed LLC 401(k) Plan rank by assets among Form 5500 filers?
Sunmed LLC 401(k) Plan ranks in the 79th 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 Sunmed LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is U.a. Plumbers & Steamfitters Defined Contribution and 401(k) Plan of Texas in TX ($30M, 4,003 participants).
Which 401(k) plans cover a similar participant headcount to Sunmed LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Anchor Industries, Inc. 401(k) Plan in IN (393 participants, $18M in assets).