401(k) · DOL Form 5500 · 2023

Varnum LLP 401(k) Plan

Data updated 2026-08-11

$165M
Total assets
243
Participants
94th
Percentile by assets
$678,706
Avg per participant
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Official DOL plan name: Varnum Profit-Sharing and Retirement Savings Plan · Sponsored by Varnum LLP · Michigan · Professional & Technical Services

$165M in assets, 243 participants

Varnum LLP's Varnum Profit-Sharing and Retirement Savings Plan reported $165M in total assets and 243 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #19,335 in Professional & Technical Services (20,321 peers)

Coverage in Michigan

Varnum Profit-Sharing and Retirement Savings Plan covers 243 participants in Michigan, about 38% of the average Michigan filer (state average ~638 per filing). Assets: $165M.

$165M
total plan assets (2023 EOY)
243
covered participants
94th
percentile by assets (of 127,072 plans)
$678,706
avg assets per participant

Where Varnum Profit-Sharing and Retirement Savings Plan sits by total assets

Varnum Profit-Sharing and Retirement Savings Plan vs every filed plan by assets

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

$164,925,439 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Varnum Profit-Sharing and Retirement Savings Plan reported net income rose from -$46M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Varnum Profit-Sharing and Retirement Savings Plan end-of-year assets rose from $152M in the plan year 2022 filing to $165M in the plan year 2023 filing.
  • Varnum Profit-Sharing and Retirement Savings Plan reported participants fell from 250 in the plan year 2022 filing to 243 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Michigan
Industry
Professional & Technical Services

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Varnum Profit-Sharing and Retirement Savings Plan reports 243 participants - about 38% of that state average ($165M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$152M
Net Assets (End of Year)$165M
Net Income$16M
Employer EIN381294924
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Varnum LLP)

$160M$180M$200M$220M 202220232024 $165M $210M ▲ +27.1%
Total plan assets by year, all Varnum LLP plans on file
Year Plans Participants Total Assets
2022 2 328 $165M
2023 2 344 $180M
2024 2 349 $210M

Nearby 401(k) Plans in Michigan

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

Varnum Profit-Sharing and Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Varnum Profit-Sharin…, Total assets ($B): 0.164925439 · Participants: 243Varnum Profit-Sharin…General Motors Retir…, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Com…The General Motors P…, Total assets ($B): 8.580684909 · Participants: 40393The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-E…
Varnum Profit-Sharing and Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Varnum Profit-Sharing and Retirement Sav… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Varnum Profit-Sharing and Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Varnum Profit-Sharing and Retirement Savings Plan assets move in 2023? ▼
Varnum Profit-Sharing and Retirement Savings Plan grew at a solid clip - up 8.3% during 2023, from $152M to $165M. Reported net income was $16M.
How have Varnum LLP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Varnum LLP's sponsor-wide assets grew 27.1%, from $165M to $210M.
Where does Varnum Profit-Sharing and Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Varnum Profit-Sharing and Retirement Savings Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Varnum Profit-Sharing and Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pathway Vet Alliance LLC 401(k) Plan in TX ($165M, 9,523 participants).

Next read for Varnum Profit-Sharing and Retirement Sav…

Filing takeaways

Ways to act on Varnum Profit-Sharing and Retirement Savings Plan's numbers.

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 381294924.

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.