401(k) · DOL Form 5500 · 2023

Mike Schaap Builders, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
98
Participants Small participant base
49th
Percentile by assets National rank
$63,497
Avg per participant Low balance/head
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Official DOL plan name: Msb/Bws 401(k) Plan · Sponsored by Mike Schaap Builders, Inc. · Michigan · Construction

$6M in assets, 98 participants

Mike Schaap Builders, Inc.'s Msb/Bws 401(k) Plan reported $6M in total assets and 98 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.

  • #4,236 in Construction (9,030 peers)

Mike Schaap Builders, Inc. multi-year trail

Mike Schaap Builders, Inc.'s plans moved +16.9% in assets from 2023 to 2024; this filing shows Msb/Bws 401(k) Plan at $6M / 98 participants.

#4,236
in Construction (9,030 peers)
+27.4%
assets growth YoY

Msb/Bws 401(k) Plan's mid-pack asset rank among Construction and all filers

Msb/Bws 401(k) Plan vs every filed plan by assets

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

$6,222,674 49th percentile higher than 49% 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

Msb/Bws 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Msb/Bws 401(k) Plan is a small filing (98 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 382853965 · Mike Schaap Builders, Inc. PY 2023 · 401(k)

Msb/Bws 401(k) Plan · $6M · 98 · 49th

  • NET $6M
  • NET 98
  • NET 49th
  • NET 401(k)
  • NET near Beacon Mental Health 403(b) Retirement Plan
  • NET ind #4236

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 Construction retirement plans → · Plans in Michigan →

Msb/Bws 401(k) Plan in the asset neighbourhood

Msb/Bws 401(k) Plan$6MBeacon Mental Health 403(b) Retirement PlanBeacon Mental Health 403(b) …$6MGrg Enterprises, LLC 401(k) PlanGrg Enterprises, LLC 401(k) …$6MNof Metal Coatings North America, Inc. Employee Savings and Profit Sharing PlanNof Metal Coatings North Ame…$6MAdvanced Fixtures, Inc. 401(k) Profit Sharing PlanAdvanced Fixtures, Inc. 401(…$6M
End-of-year total assets ($M) among Msb/Bws 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mike Schaap Builders, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mike Schaap Builders, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 16.908020571220668% vs 2023
2024 filing year
$6M$6.5M$7M$7.5M 20232024 $6.22M $7.27M ▲ +16.9%
Year Plans Participants Total Assets
2023 1 98 $6M
2024 1 97 $7M

Mike Schaap Builders, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN382853965
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Msb/Bws 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Msb/Bws 401(k) Plan, Total assets ($B): 0.006222674 · Participants: 98Msb/Bws 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
Msb/Bws 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Msb/Bws 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Beacon Mental Health 403(b) Retirement Plan in MO ($6M); by covered participants it is Blanco Enterprises 1081. 01(D) Retirement Plan in PR (98 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (98 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 Msb/Bws 401(k) Plan assets move in 2023?
Msb/Bws 401(k) Plan grew sharply - up 27.4% during 2023, from $5M to $6M. Reported net income was $1M.
How have Mike Schaap Builders, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Mike Schaap Builders, Inc.'s sponsor-wide assets grew 16.9%, from $6M to $7M.
Which 401(k) plans are similar in size to Msb/Bws 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Beacon Mental Health 403(b) Retirement Plan in MO ($6M, 172 participants).
Which 401(k) plans cover a similar participant headcount to Msb/Bws 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Blanco Enterprises 1081. 01(D) Retirement Plan in PR (98 participants, $81K in assets).