401(k) · DOL Form 5500 · 2023

Flanders Electric Motor Svc 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
473
Participants Below avg headcount
85th
Percentile by assets National rank
$100,529
Avg per participant Below avg balance/head
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Official DOL plan name: Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan · Sponsored by Flanders Electric Motor Svc · Indiana · Other Services

$48M in assets, 473 participants

Flanders Electric Motor Svc's Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan reported $48M in total assets and 473 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,319 in Other Services (7,857 peers)

Where Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan sits by assets

Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan sits in the top quartile of all filed plans by assets, $48M for 473 participants (~$100,529/participant), up 11.5% in 2023.

#7,319
in Other Services (7,857 peers)
+11.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan's outsized position by total assets

Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan vs every filed plan by assets

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

$47,550,019 Top 15% higher than 85% 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

Flanders Electric Motor Service, LLC 401(k) Profit Sharning 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. Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan sits mid-pack in the medium band (473 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan reported net income rose from -$6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan end-of-year assets rose from $43M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan reported participants fell from 501 in the plan year 2022 filing to 473 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 351072135 · Flanders Electric Motor Svc PY 2023 · 401(k)

Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan · $48M · 473 · 85th

  • TYPE $48M
  • TYPE 473
  • TYPE 85th
  • TYPE 401(k)
  • TYPE near Encore Rehabilitation Services 401(k) Profit Sharing Plan
  • TYPE ind #7319

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 Other Services retirement plans → · Plans in Indiana →

Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan in the asset neighbourhood

Waterton 401(k) Profit Sharing PlanWaterton 401(k) Profit Shari…$48MFlanders Electric Motor Service, LLC 401(k) Profit Sharning PlanFlanders Electric Motor Serv…$48MEncore Rehabilitation Services 401(k) Profit Sharing PlanEncore Rehabilitation Servic…$48MPremere Rehab, LLC 401(k) PlanPremere Rehab, LLC 401(k) Pl…$48MMitratech 401(k) Savings Plan$48M
End-of-year total assets ($M) among Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$48M
Net Income$5M
Employer EIN351072135
Plan Effective Date1977-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Flanders Electric Motor Svc)

Sponsor-wide plan assets over time

All Flanders Electric Motor Svc plans reported in each filing year

Latest sponsor-wide plan assets
$46M 7.937707632901583% vs 2022
2024 filing year
$42M$44M$46M$48M$50M 202220232024 $42.7M $46M ▲ +7.9%
Year Plans Participants Total Assets
2022 1 501 $43M
2023 1 473 $48M
2024 1 501 $46M

Nearby 401(k) Plans in Indiana

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

Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan, Total assets ($B): 0.047550019 · Participants: 473Flanders Electric Motor Service, LLC 401(k) Profit Sharning PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Encore Rehabilitation Services 401(k) Profit Sharing Plan in MI ($48M); by covered participants it is Life Extension Foundation Buyers Club Inc. 401(k) in FL (473 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (473 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 Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan assets move in 2023?
Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan grew at a solid clip - up 11.5% during 2023, from $43M to $48M. Reported net income was $5M.
How have Flanders Electric Motor Svc plan assets changed over time?
Across 3 plan years on file (2022-2024), Flanders Electric Motor Svc's sponsor-wide assets grew 7.9%, from $43M to $46M.
Where does Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan rank by assets among Form 5500 filers?
Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan ranks in the 85th 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 Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan?
Among 401(k) plans in other states, the closest by assets is Encore Rehabilitation Services 401(k) Profit Sharing Plan in MI ($48M, 2,057 participants).
Which 401(k) plans cover a similar participant headcount to Flanders Electric Motor Service, LLC 401(k) Profit Sharning Plan?
Among 401(k) plans in other states, the closest by covered participants is Life Extension Foundation Buyers Club Inc. 401(k) in FL (473 participants, $35M in assets).