401(k) · DOL Form 5500 · 2023

Our Next Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
157
Participants Small participant base
53rd
Percentile by assets National rank
$48,442
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: One 401(k) and Profit Sharing Plan · Sponsored by Our Next Energy, Inc. · Michigan · Manufacturing

$8M in assets, 157 participants

Our Next Energy, Inc.'s One 401(k) and Profit Sharing Plan reported $8M in total assets and 157 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #7,015 in Manufacturing (18,722 peers)

Coverage in Michigan

One 401(k) and Profit Sharing Plan covers 157 participants in Michigan, about 25% of the average Michigan filer (state average ~638 per filing). Assets: $8M.

#7,015
in Manufacturing (18,722 peers)
+145.2%
assets growth YoY

One 401(k) and Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

One 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$7,605,461 Top 47% higher than 53% 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

One 401(k) and Profit Sharing 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. One 401(k) and Profit Sharing Plan sits mid-pack in the medium band (157 participants).

EBSA filing schedule strip

Filing strip 852051268 · Our Next Energy, Inc. PY 2023 · 401(k)

One 401(k) and Profit Sharing Plan · $8M · 157 · 53rd

  • EOY $8M
  • EOY 157
  • EOY 53rd
  • EOY 401(k)
  • EOY near Cap Services, Inc. 401(k) Plan
  • EOY ind #7015

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 →

One 401(k) and Profit Sharing Plan in the asset neighbourhood

One 401(k) and Profit Sharing PlanOne 401(k) and Profit Sharin…$8MCap Services, Inc. 401(k) PlanCap Services, Inc. 401(k) Pl…$8MSherman Loehr 401(k) Plan & TrustSherman Loehr 401(k) Plan & …$8MLineage Profit Sharing 401(k) PlanLineage Profit Sharing 401(k…$8MCraig Realty Group Retirement Savings PlanCraig Realty Group Retiremen…$8M
End-of-year total assets ($M) among One 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$8M
Net Income$5M
Employer EIN852051268
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Our Next Energy, Inc.)

Sponsor-wide plan assets over time

All Our Next Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 9.374974113995194% vs 2023
2024 filing year
$7.5M$8M$8.5M 20232024 $7.61M $8.32M ▲ +9.3%
Year Plans Participants Total Assets
2023 1 157 $8M
2024 1 320 $8M

Nearby 401(k) Plans in Michigan

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

One 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants One 401(k) and Profit Sharing Plan, Total assets ($B): 0.007605461 · Participants: 157One 401(k) and Profit Sharing 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
One 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare One 401(k) and Profit Sharing Plan side-by-side with 3 peers →

One 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Cap Services, Inc. 401(k) Plan in WI ($8M); by covered participants it is Atticus Bakery, LLC 401(k) Profit Sharing Plan in CT (157 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (157 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 One 401(k) and Profit Sharing Plan assets move in 2023? ▼
One 401(k) and Profit Sharing Plan surged - up 145.2% during 2023, from $3M to $8M. Reported net income was $5M.
How have Our Next Energy, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Our Next Energy, Inc.'s sponsor-wide assets grew 9.4%, from $8M to $8M.
Which 401(k) plans are similar in size to One 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cap Services, Inc. 401(k) Plan in WI ($8M, 217 participants).
Which 401(k) plans cover a similar participant headcount to One 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Atticus Bakery, LLC 401(k) Profit Sharing Plan in CT (157 participants, $3M 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 852051268.

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.