401(k) · DOL Form 5500 · 2023

Syncreon Acquisition Corp., Inc. 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
1,489
Participants Near avg headcount
89th
Percentile by assets National rank
$48,199
Avg per participant Low balance/head
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Official DOL plan name: Syncreon Employees 401(k) Plan · Sponsored by Syncreon Acquisition Corp., Inc. · Michigan · Transportation & Warehousing

$72M in assets, 1,489 participants

Syncreon Acquisition Corp., Inc.'s Syncreon Employees 401(k) Plan reported $72M in total assets and 1,489 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #2,917 in Transportation & Warehousing (3,362 peers)

Coverage in Michigan

Syncreon Employees 401(k) Plan covers 1,489 participants in Michigan, 2.3x the typical Michigan plan (state average ~638 per filing). Assets: $72M.

#2,917
in Transportation & Warehousing (3,362 peers)
+14.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Syncreon Employees 401(k) Plan's outsized position by total assets

Syncreon Employees 401(k) Plan vs every filed plan by assets

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

$71,768,051 Top 11% higher than 89% 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

Syncreon Employees 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Syncreon Employees 401(k) Plan lands in the large band (1,489 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Syncreon Employees 401(k) Plan reported net income rose from -$10M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Syncreon Employees 401(k) Plan end-of-year assets rose from $63M in the plan year 2022 filing to $72M in the plan year 2023 filing.
  • Syncreon Employees 401(k) Plan reported participants rose from 1,425 in the plan year 2022 filing to 1,489 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 640962082 · Syncreon Acquisition Corp., Inc. PY 2023 · 401(k)

Syncreon Employees 401(k) Plan · $72M · 1,489 · 89th

  • NET $72M
  • NET 1,489
  • NET 89th
  • NET 401(k)
  • NET near Shimmick Consruction Co, Inc. 401(k) Profit Sharing Plan
  • NET ind #2917

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Syncreon Employees 401(k) Plan in the asset neighbourhood

Federal Home Loan Bank of Pittsburgh Defined Contribution PlanFederal Home Loan Bank of Pi…$72MMagnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)Magnusson Klemencic Associat…$72MSyncreon Employees 401(k) PlanSyncreon Employees 401(k) Pl…$72MShimmick Consruction Co, Inc. 401(k) Profit Sharing PlanShimmick Consruction Co, Inc…$72MMorongo Band of Mission Indians 401(k) Retirement PlanMorongo Band of Mission Indi…$72M
End-of-year total assets ($M) among Syncreon Employees 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$72M
Net Income$9M
Employer EIN640962082
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Syncreon Acquisition Corp., Inc.)

Sponsor-wide plan assets over time

All Syncreon Acquisition Corp., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$80M 28.245196664564894% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $62.7M $80.4M ▲ +28.2%
Year Plans Participants Total Assets
2022 1 1,425 $63M
2023 1 1,489 $72M
2024 1 3,139 $80M

Nearby 401(k) Plans in Michigan

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

Syncreon Employees 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Syncreon Employees 401(k) Plan, Total assets ($B): 0.071768051 · Participants: 1489Syncreon Employees 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
Syncreon Employees 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Syncreon Employees 401(k) Plan side-by-side with 3 peers →

Syncreon Employees 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Shimmick Consruction Co, Inc. 401(k) Profit Sharing Plan in CA ($72M); by covered participants it is Florida Institute for Long Term Care LLC 401(k) Plan in PA (1,489 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,489 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 Syncreon Employees 401(k) Plan assets move in 2023? ▼
Syncreon Employees 401(k) Plan grew at a solid clip - up 14.5% during 2023, from $63M to $72M. Reported net income was $9M.
How have Syncreon Acquisition Corp., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Syncreon Acquisition Corp., Inc.'s sponsor-wide assets grew 28.2%, from $63M to $80M.
Where does Syncreon Employees 401(k) Plan rank by assets among Form 5500 filers? ▼
Syncreon Employees 401(k) Plan ranks in the 89th 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 Syncreon Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shimmick Consruction Co, Inc. 401(k) Profit Sharing Plan in CA ($72M, 924 participants).
Which 401(k) plans cover a similar participant headcount to Syncreon Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Florida Institute for Long Term Care LLC 401(k) Plan in PA (1,489 participants, $6M 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 640962082.

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.