401(k) · DOL Form 5500 · 2023
Canal Street Brewing Co. LLC Dba Founders Brewing Company 401(k) Plan
Data updated 2026-08-25
- $27M
- Total assets Below avg plan size
- 475
- Participants Below avg headcount
- 78th
- Percentile by assets National rank
- $57,523
- Avg per participant Low balance/head
Official DOL plan name: Founders Brewing Company 401(k) Profit Sharing Plan · Sponsored by Canal Street Brewing Co. LLC Dba Founders Brewing Company · Michigan · Manufacturing
$27M in assets, 475 participants
Canal Street Brewing Co. LLC Dba Founders Brewing Company's Founders Brewing Company 401(k) Profit Sharing Plan reported $27M in total assets and 475 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.
- #12,963 in Manufacturing (18,722 peers)
Where Founders Brewing Company 401(k) Profit Sharing Plan sits by assets
Founders Brewing Company 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $27M for 475 participants (~$57,523/participant), up 24.3% in 2023.
- #12,963
- in Manufacturing (18,722 peers)
- +24.3%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Founders Brewing Company 401(k) Profit Sharing Plan's outsized position by total assets
Founders Brewing Company 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$27,323,628 Top 22% higher than 78% 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
Founders Brewing Company 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. Founders Brewing Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (475 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Founders Brewing Company 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Founders Brewing Company 401(k) Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2022 filing to $27M in the plan year 2023 filing.
- Founders Brewing Company 401(k) Profit Sharing Plan reported participants rose from 452 in the plan year 2022 filing to 475 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 383314250 · Canal Street Brewing Co. LLC Dba Founders Brewing Company PY 2023 · 401(k)
Founders Brewing Company 401(k) Profit Sharing Plan · $27M · 475 · 78th
- ASSETS $27M
- ASSETS 475
- ASSETS 78th
- ASSETS 401(k)
- ASSETS near Watertown Savings Bank 401(k) Retirement Plan
- ASSETS ind #12963
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 →
Founders Brewing Company 401(k) Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $27M |
| Net Income | $5M |
| Employer EIN | 383314250 |
| Plan Effective Date | 2010-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Canal Street Brewing Co. LLC Dba Founders Brewing Company)
Sponsor-wide plan assets over time
All Canal Street Brewing Co. LLC Dba Founders Brewing Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $38M 73.50547530824049% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 452 | $22M |
| 2023 | 1 | 475 | $27M |
| 2024 | 1 | 460 | $38M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Founders Brewing Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Watertown Savings Bank 401(k) Retirement Plan in NY ($27M); by covered participants it is Election Systems & Software, LLC 401(k) Plan in NE (475 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($27M here).
Similar participant headcount
Nearest other-state filings by covered participants (475 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.