401(k) · DOL Form 5500 · 2023

Inductoheat, Inc. 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
113
Participants Small participant base
82nd
Percentile by assets National rank
$332,094
Avg per participant High balance/head
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Official DOL plan name: Inductoheat, Inc. Retirement Savings Plan · Sponsored by Inductoheat, Inc. · Michigan · Manufacturing

$38M in assets, 113 participants

Inductoheat, Inc.'s Inductoheat, Inc. Retirement Savings Plan reported $38M in total assets and 113 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #14,003 in Manufacturing (18,722 peers)

Coverage in Michigan

Inductoheat, Inc. Retirement Savings Plan covers 113 participants in Michigan, about 18% of the average Michigan filer (state average ~638 per filing). Assets: $38M.

#14,003
in Manufacturing (18,722 peers)
+0.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Inductoheat, Inc. Retirement Savings Plan's outsized position by total assets

Inductoheat, Inc. Retirement Savings Plan vs every filed plan by assets

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

$37,526,661 Top 18% higher than 82% 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

Inductoheat, Inc. Retirement Savings 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. Inductoheat, Inc. Retirement Savings Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Inductoheat, Inc. Retirement Savings Plan reported net income rose from -$9M in the plan year 2022 filing to $203K in the plan year 2023 filing.
  • Inductoheat, Inc. Retirement Savings Plan end-of-year assets rose from $37M in the plan year 2022 filing to $38M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381694184 · Inductoheat, Inc. PY 2023 · 401(k)

Inductoheat, Inc. Retirement Savings Plan · $38M · 113 · 82nd

  • PART $38M
  • TYPE 113
  • NET 82nd
  • BOOK 401(k)
  • VS-ST near Doherty Group, Inc. 401(k) and Retirement Savings Plan
  • BOY ind #14003

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 →

Inductoheat, Inc. Retirement Savings Plan in the asset neighbourhood

Mid-America Transplant Services Savings and Investment PlanMid-America Transplant Servi…$38MInductoheat, Inc. Retirement Savings PlanInductoheat, Inc. Retirement…$38MDoherty Group, Inc. 401(k) and Retirement Savings PlanDoherty Group, Inc. 401(k) a…$38MJefferson Bancshares, Inc. 401(k) PlanJefferson Bancshares, Inc. 4…$38MFranklin Mint Federal Credit Union 401(k)Franklin Mint Federal Credit…$38M
End-of-year total assets ($M) among Inductoheat, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$38M
Net Income$203K
Employer EIN381694184
Plan Effective Date2008-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inductoheat, Inc.)

Sponsor-wide plan assets over time

All Inductoheat, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 5.5970196541032795% vs 2022
2024 filing year
$37M$38M$39M$40M 202220232024 $37.3M $39.4M ▲ +5.6%
Year Plans Participants Total Assets
2022 1 112 $37M
2023 1 113 $38M
2024 1 112 $39M

Nearby 401(k) Plans in Michigan

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

Inductoheat, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Inductoheat, Inc. Retirement Savings Plan, Total assets ($B): 0.037526661 · Participants: 113Inductoheat, Inc. Retirement Savings 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
Inductoheat, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Inductoheat, Inc. Retirement Savings Plan side-by-side with 3 peers →

Inductoheat, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Doherty Group, Inc. 401(k) and Retirement Savings Plan in NJ ($38M); by covered participants it is Carteret Management Corporation 401(k) Plan in FL (113 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (113 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 Inductoheat, Inc. Retirement Savings Plan assets move in 2023? ▼
Inductoheat, Inc. Retirement Savings Plan held essentially flat - up 0.5% during 2023, from $37M to $38M. Reported net income was $203K.
How have Inductoheat, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Inductoheat, Inc.'s sponsor-wide assets grew 5.6%, from $37M to $39M.
Where does Inductoheat, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Inductoheat, Inc. Retirement Savings Plan ranks in the 82nd 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 Inductoheat, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Doherty Group, Inc. 401(k) and Retirement Savings Plan in NJ ($38M, 4,004 participants).
Which 401(k) plans cover a similar participant headcount to Inductoheat, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (113 participants, $475K 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 381694184.

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.