401(k) · DOL Form 5500 · 2023

Peterson American Corporation 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
199
Participants Below avg headcount
70th
Percentile by assets National rank
$86,489
Avg per participant Below avg balance/head
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Official DOL plan name: Peterson American 401(k) Savings Plan · Sponsored by Peterson American Corporation · Michigan · Manufacturing

$17M in assets, 199 participants

Peterson American Corporation's Peterson American 401(k) Savings Plan reported $17M in total assets and 199 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #11,036 in Manufacturing (18,722 peers)

Coverage in Michigan

Peterson American 401(k) Savings Plan covers 199 participants in Michigan, about 31% of the average Michigan filer (state average ~638 per filing). Assets: $17M.

#11,036
in Manufacturing (18,722 peers)
-0.3%
assets change YoY

The plan reported a net loss of $34K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Peterson American 401(k) Savings Plan's outsized position by total assets

Peterson American 401(k) Savings Plan vs every filed plan by assets

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

$17,211,260 Top 30% higher than 70% 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

Peterson American 401(k) 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. Peterson American 401(k) Savings Plan sits mid-pack in the medium band (199 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Peterson American 401(k) Savings Plan reported net income rose from -$7M in the plan year 2022 filing to -$34K in the plan year 2023 filing.
  • Peterson American 401(k) Savings Plan reported participants fell from 258 in the plan year 2022 filing to 199 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 340909874 · Peterson American Corporation PY 2023 · 401(k)

Peterson American 401(k) Savings Plan · $17M · 199 · 70th

  • RANK $17M
  • RANK 199
  • RANK 70th
  • RANK 401(k)
  • RANK near Eapc 401(k) Profit Sharing Plan
  • RANK ind #11036

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 →

Peterson American 401(k) Savings Plan in the asset neighbourhood

Peterson American 401(k) Savings PlanPeterson American 401(k) Sav…$17MEapc 401(k) Profit Sharing PlanEapc 401(k) Profit Sharing P…$17MLiveaction 401(k) Plan$17MRoyal Speedway, Inc. 401(k) Profit Sharing PlanRoyal Speedway, Inc. 401(k) …$17MAspirion Health Resources 401(k) Profit Sharing Plan & TrustAspirion Health Resources 40…$17M
End-of-year total assets ($M) among Peterson American 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$17M
Net Income-$34K
Employer EIN340909874
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peterson American Corporation)

Sponsor-wide plan assets over time

All Peterson American Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$2M 89.87658393255245% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $19.9M $2.02M ▼ -89.9%
Year Plans Participants Total Assets
2022 2 313 $20M
2023 2 251 $20M
2024 1 50 $2M

Nearby 401(k) Plans in Michigan

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

Peterson American 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Peterson American 401(k) Savings Plan, Total assets ($B): 0.01721126 · Participants: 199Peterson American 401(k) 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
Peterson American 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Peterson American 401(k) Savings Plan side-by-side with 3 peers →

Peterson American 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Eapc 401(k) Profit Sharing Plan in ND ($17M); by covered participants it is Una's Nonprofit Retirement Solution in UT (199 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (199 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 Peterson American 401(k) Savings Plan assets move in 2023? ▼
Peterson American 401(k) Savings Plan held essentially flat - down 0.3% during 2023, from $17M to $17M. Reported net income was -$34K.
How have Peterson American Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peterson American Corporation's sponsor-wide assets declined 89.9%, from $20M to $2M.
Which 401(k) plans are similar in size to Peterson American 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eapc 401(k) Profit Sharing Plan in ND ($17M, 165 participants).
Which 401(k) plans cover a similar participant headcount to Peterson American 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Una's Nonprofit Retirement Solution in UT (199 participants, $987K 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 340909874.

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.