401(k) · DOL Form 5500 · 2023

Smp Automotive Systems Alabama Inc 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
1,596
Participants Near avg headcount
78th
Percentile by assets National rank
$17,772
Avg per participant Low balance/head
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Official DOL plan name: Smp Automotive Systems Employee 401(k) Plan · Sponsored by Smp Automotive Systems Alabama Inc · Alabama · Manufacturing

$28M in assets, 1,596 participants

Smp Automotive Systems Alabama Inc's Smp Automotive Systems Employee 401(k) Plan reported $28M in total assets and 1,596 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #13,117 in Manufacturing (18,722 peers)

Coverage in Alabama

Smp Automotive Systems Employee 401(k) Plan covers 1,596 participants in Alabama, 4.4x the typical Alabama plan (state average ~360 per filing). Assets: $28M.

#13,117
in Manufacturing (18,722 peers)
+55.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Smp Automotive Systems Employee 401(k) Plan's outsized position by total assets

Smp Automotive Systems Employee 401(k) Plan vs every filed plan by assets

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

$28,364,485 Top 22% higher than 78% 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

Smp Automotive Systems Employee 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. Smp Automotive Systems Employee 401(k) Plan lands in the large band (1,596 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smp Automotive Systems Employee 401(k) Plan reported net income rose from $310K in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Smp Automotive Systems Employee 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Smp Automotive Systems Employee 401(k) Plan reported participants rose from 1,325 in the plan year 2022 filing to 1,596 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 474185173 · Smp Automotive Systems Alabama Inc PY 2023 · 401(k)

Smp Automotive Systems Employee 401(k) Plan · $28M · 1,596 · 78th

  • VS-ST $28M
  • BOY 1,596
  • SCH 78th
  • EBSA 401(k)
  • PART near Air T, Inc. 401(k) Retirement Plan
  • TYPE ind #13117

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 Alabama →

Smp Automotive Systems Employee 401(k) Plan in the asset neighbourhood

Legacy Health Services 401(k) Retirement Savings PlanLegacy Health Services 401(k…$28MSmp Automotive Systems Employee 401(k) PlanSmp Automotive Systems Emplo…$28MAir T, Inc. 401(k) Retirement PlanAir T, Inc. 401(k) Retiremen…$28MThe Law Offices of Peter G. Angelos 401(k) PlanThe Law Offices of Peter G. …$28MWaterfall Asset Management LLC 401(k) PlanWaterfall Asset Management L…$28M
End-of-year total assets ($M) among Smp Automotive Systems Employee 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$28M
Net Income$10M
Employer EIN474185173
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smp Automotive Systems Alabama Inc)

Sponsor-wide plan assets over time

All Smp Automotive Systems Alabama Inc plans reported in each filing year

Latest sponsor-wide plan assets
$36M 96.29131457147788% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $18.4M $36M ▲ +96.3%
Year Plans Participants Total Assets
2022 1 1,325 $18M
2023 1 1,596 $28M
2024 1 1,887 $36M

Nearby 401(k) Plans in Alabama

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

Smp Automotive Systems Employee 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Smp Automotive Systems Employee 401(k) Plan, Total assets ($B): 0.028364485 · Participants: 1596Smp Automotive Systems Employee 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Smp Automotive Systems Employee 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Smp Automotive Systems Employee 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Air T, Inc. 401(k) Retirement Plan in NC ($28M); by covered participants it is Morningstar Senior Living Retirement Plan in CO (1,596 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,596 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 Smp Automotive Systems Employee 401(k) Plan assets move in 2023?
Smp Automotive Systems Employee 401(k) Plan surged - up 55.0% during 2023, from $18M to $28M. Reported net income was $10M.
How have Smp Automotive Systems Alabama Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Smp Automotive Systems Alabama Inc's sponsor-wide assets grew 96.3%, from $18M to $36M.
Where does Smp Automotive Systems Employee 401(k) Plan rank by assets among Form 5500 filers?
Smp Automotive Systems Employee 401(k) Plan ranks in the 78th 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 Smp Automotive Systems Employee 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Air T, Inc. 401(k) Retirement Plan in NC ($28M, 463 participants).
Which 401(k) plans cover a similar participant headcount to Smp Automotive Systems Employee 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Morningstar Senior Living Retirement Plan in CO (1,596 participants, $5M in assets).