401(k) · DOL Form 5500 · 2023

Fastco Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
114
Participants Small participant base
48th
Percentile by assets National rank
$51,769
Avg per participant Low balance/head
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Official DOL plan name: Fastco Industries, Inc. 401(k) Plan · Sponsored by Fastco Industries, Inc. · Michigan · Manufacturing

$6M in assets, 114 participants

Fastco Industries, Inc.'s Fastco Industries, Inc. 401(k) Plan reported $6M in total assets and 114 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #5,850 in Manufacturing (18,722 peers)

Coverage in Michigan

Fastco Industries, Inc. 401(k) Plan covers 114 participants in Michigan, about 18% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#5,850
in Manufacturing (18,722 peers)
-2.4%
assets change YoY

The plan reported a net loss of $145K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Fastco Industries, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Fastco Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$5,901,700 48th percentile higher than 48% 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

Fastco Industries, Inc. 401(k) 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. Fastco Industries, Inc. 401(k) Plan sits mid-pack in the medium band (114 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fastco Industries, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to -$145K in the plan year 2023 filing.
  • Fastco Industries, Inc. 401(k) Plan end-of-year assets fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 382253225 · Fastco Industries, Inc. PY 2023 · 401(k)

Fastco Industries, Inc. 401(k) Plan · $6M · 114 · 48th

  • TYPE $6M
  • TYPE 114
  • TYPE 48th
  • TYPE 401(k)
  • TYPE near Stonetown Capital Group LLC 401(k) Profit Sharing Plan & Trust
  • TYPE ind #5850

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 →

Fastco Industries, Inc. 401(k) Plan in the asset neighbourhood

Fastco Industries, Inc. 401(k) PlanFastco Industries, Inc. 401(…$6MStonetown Capital Group LLC 401(k) Profit Sharing Plan & TrustStonetown Capital Group LLC …$6MKit Masters & Swan Machine 401(k) Profit Sharing PlanKit Masters & Swan Machine 4…$6MHumane Rescue Alliance 401(k) PlanHumane Rescue Alliance 401(k…$6MThe Childrens Center for Developmental Enrichment (Ccde)/Oakstone Academy 401(k) PlanThe Childrens Center for Dev…$6M
End-of-year total assets ($M) among Fastco Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$145K
Employer EIN382253225
Plan Effective Date1978-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fastco Industries, Inc.)

Sponsor-wide plan assets over time

All Fastco Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 6.879662998840608% vs 2022
2024 filing year
$5.4M$5.6M$5.8M$6M$6.2M 202220232024 $6.05M $5.63M ▼ -6.9%
Year Plans Participants Total Assets
2022 1 114 $6M
2023 1 114 $6M
2024 1 105 $6M

Nearby 401(k) Plans in Michigan

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

Fastco Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Fastco Industries, Inc. 401(k) Plan, Total assets ($B): 0.0059017 · Participants: 114Fastco Industries, Inc. 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
Fastco Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Fastco Industries, Inc. 401(k) Plan side-by-side with 3 peers →

Fastco Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Stonetown Capital Group LLC 401(k) Profit Sharing Plan & Trust in CO ($6M); by covered participants it is Austin Medical Center 403b Plan in MN (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 Fastco Industries, Inc. 401(k) Plan assets move in 2023? ▼
Fastco Industries, Inc. 401(k) Plan edged down modestly - down 2.4% during 2023, from $6M to $6M. Reported net income was -$145K.
How have Fastco Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fastco Industries, Inc.'s sponsor-wide assets declined 6.9%, from $6M to $6M.
Which 401(k) plans are similar in size to Fastco Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stonetown Capital Group LLC 401(k) Profit Sharing Plan & Trust in CO ($6M, 304 participants).
Which 401(k) plans cover a similar participant headcount to Fastco Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Austin Medical Center 403b Plan in MN (114 participants, N/A 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 382253225.

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.