401(k) · DOL Form 5500 · 2023

Hi-Tech Mold & Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size: 505
Participants Below avg headcount: 81st
Percentile by assets National rank: $67,570
Avg per participant Below avg balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Schulte Controlled Group Retirement Plan · Sponsored by Hi-Tech Mold & Engineering, Inc. · Michigan · Manufacturing

$34M in assets, 505 participants

Hi-Tech Mold & Engineering, Inc.'s Schulte Controlled Group Retirement Plan reported $34M in total assets and 505 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

#13,706 in Manufacturing (18,722 peers)

Where Schulte Controlled Group Retirement Plan sits by assets

Schulte Controlled Group Retirement Plan sits in the top quartile of all filed plans by assets, $34M for 505 participants (~$67,570/participant), up 2.4% in 2023.

#13,706
in Manufacturing (18,722 peers): +2.4%
assets growth YoY: 0.3×
vs typical plan assets (national mean)

Schulte Controlled Group Retirement Plan's outsized position by total assets

Schulte Controlled Group Retirement Plan vs every filed plan by assets

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

$34,122,606 Top 19% higher than 81% 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

Schulte Controlled Group Retirement 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. Schulte Controlled Group Retirement Plan sits mid-pack in the medium band (505 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Schulte Controlled Group Retirement Plan reported net income rose from -$8M in the plan year 2022 filing to $798K in the plan year 2023 filing.
Schulte Controlled Group Retirement Plan reported participants fell from 535 in the plan year 2022 filing to 505 in the plan year 2023 filing.
Schulte Controlled Group Retirement Plan end-of-year assets rose from $33M in the plan year 2022 filing to $34M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382684139 · Hi-Tech Mold & Engineering, Inc. PY 2023 · 401(k)

Schulte Controlled Group Retirement Plan · $34M · 505 · 81st

PCT $34M
EIN 505
RANK 81st
PHOTO 401(k)
IND near Favorite Healthcare Staffing 401(k) Plan
EOY ind #13706

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 →

End-of-year total assets ($M) among Schulte Controlled Group Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$33M
Net Assets (End of Year)	$34M
Net Income	$798K
Employer EIN	382684139
Plan Effective Date	1984-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Hi-Tech Mold & Engineering, Inc.)

Latest sponsor-wide plan assets: $36M 6.995151330120092% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	535	$33M
2023	1	505	$34M
2024	1	464	$36M

Nearby 401(k) Plans in Michigan

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

Schulte Controlled Group Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Compare Schulte Controlled Group Retirement Plan side-by-side with 3 peers →

Schulte Controlled Group Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Favorite Healthcare Staffing 401(k) Plan in KS ($34M); by covered participants it is Nation Pizza Products, LLC Employees' 401(k) Retirement Savings Plan in IL (505 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($34M here).

Favorite Healthcare Staffing 401(k) Plan (KS) $34M · 4,433
Midwest Emergency Department Specialists Pension Plan (IL) $34M · 81
Heaven Hill Distilleries, Inc. Savings and Retirement Plan for Collective Bargaining Employees (KY) $34M · 539
Shepley Bulfinch Richardson and Abbott, Incorporated Profit Sharing Plan (MA) $34M · 173

Similar participant headcount

Nearest other-state filings by covered participants (505 participants); asset peers above are excluded.

Nation Pizza Products, LLC Employees' 401(k) Retirement Savings Plan (IL) 505 · 0 off
Christensen, Inc. 401(k) Plan (WA) 505 · 0 off
Brixmor Employment Company LLC 401(k) Plan (NY) 505 · 0 off
Darling's Et Al 401(k) Retirement Savings Plan (ME) 505 · 0 off

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 Schulte Controlled Group Retirement Plan assets move in 2023? ▼

Schulte Controlled Group Retirement Plan edged up modestly - up 2.4% during 2023, from $33M to $34M. Reported net income was $798K.

How have Hi-Tech Mold & Engineering, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hi-Tech Mold & Engineering, Inc.'s sponsor-wide assets grew 7.0%, from $33M to $36M.

Where does Schulte Controlled Group Retirement Plan rank by assets among Form 5500 filers? ▼

Schulte Controlled Group Retirement Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to Schulte Controlled Group Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Favorite Healthcare Staffing 401(k) Plan in KS ($34M, 4,433 participants).

Which 401(k) plans cover a similar participant headcount to Schulte Controlled Group Retirement Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Nation Pizza Products, LLC Employees' 401(k) Retirement Savings Plan in IL (505 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 382684139.