401(k) · DOL Form 5500 · 2023
Besser Company 401(k) Plan
Data updated 2026-08-25
- $45M
- Total assets Below avg plan size
- 345
- Participants Below avg headcount
- 84th
- Percentile by assets National rank
- $130,604
- Avg per participant Near avg balance/head
Official DOL plan name: The Employees Retirement Savings Plan of the Besser Companies · Sponsored by Besser Company · Michigan · Manufacturing
$45M in assets, 345 participants
Besser Company's The Employees Retirement Savings Plan of the Besser Companies reported $45M in total assets and 345 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.
- #14,537 in Manufacturing (18,722 peers)
Where The Employees Retirement Savings Plan of the Besser Companies sits by assets
The Employees Retirement Savings Plan of the Besser Companies sits in the top quartile of all filed plans by assets, $45M for 345 participants (~$130,604/participant), up 8.4% in 2023.
- #14,537
- in Manufacturing (18,722 peers)
- +8.4%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
The Employees Retirement Savings Plan of the Besser Companies's outsized position by total assets
The Employees Retirement Savings Plan of the Besser Companies vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$45,058,317 Top 16% higher than 84% 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
The Employees Retirement Savings Plan of the Besser Companies 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. The Employees Retirement Savings Plan of the Besser Companies sits mid-pack in the medium band (345 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Employees Retirement Savings Plan of the Besser Companies reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- The Employees Retirement Savings Plan of the Besser Companies reported participants rose from 317 in the plan year 2022 filing to 345 in the plan year 2023 filing.
- The Employees Retirement Savings Plan of the Besser Companies end-of-year assets rose from $42M in the plan year 2022 filing to $45M in the plan year 2023 filing.
DOL schedule card
Filing strip 380346640 · Besser Company PY 2023 · 401(k)
The Employees Retirement Savings Plan of the Besser Companies · $45M · 345 · 84th
- EOY $45M
- 5500 345
- ASSETS 84th
- PCT 401(k)
- EIN near Headington Companies, LLC
- RANK ind #14537
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 →
The Employees Retirement Savings Plan of the Besser Companies in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $42M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | $4M |
| Employer EIN | 380346640 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Besser Company)
Sponsor-wide plan assets over time
All Besser Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $118M 3.951959086407647% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 688 | $113M |
| 2023 | 3 | 752 | $111M |
| 2024 | 2 | 779 | $118M |
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
The Employees Retirement Savings Plan of the Besser Companies's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Headington Companies, LLC in TX ($45M); by covered participants it is Bcc Engineering, LLC. Retirement Plan and Trust in FL (345 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($45M here).
- Headington Companies, LLC (TX) $45M · 196
- North American Hoganas Salary 401(k) Plan (PA) $45M · 158
- Knoxville Pediatric Associates, P.C. 401(k) Plan (TN) $45M · 136
- Summit Funding, Inc. 401(k) Plan (CA) $45M · 640
Similar participant headcount
Nearest other-state filings by covered participants (345 participants); asset peers above are excluded.
- Bcc Engineering, LLC. Retirement Plan and Trust (FL) 345 · 0 off
- Medable 401(k) Plan (CA) 345 · 0 off
- Idera 401(k) Savings Plan (TX) 345 · 0 off
- Healthtronics Group, LP 401(k) Plan (TX) 345 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.