401(k) · DOL Form 5500 · 2023

Bowers and Associates Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
6
Participants Small participant base
28th
Percentile by assets National rank
$267,125
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bowers and Associates 401(k)/Profit Sharing Plan · Sponsored by Bowers and Associates Inc. · Michigan · Professional & Technical Services

$2M in assets, 6 participants

Bowers and Associates Inc.'s Bowers and Associates 401(k)/Profit Sharing Plan reported $2M in total assets and 6 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #4,788 in Professional & Technical Services (20,321 peers)

Bowers and Associates Inc. multi-year trail

Bowers and Associates Inc.'s plans moved +14.0% in assets from 2022 to 2024; this filing shows Bowers and Associates 401(k)/Profit Sharing Plan at $2M / 6 participants.

#4,788
in Professional & Technical Services (20,321 peers)
+21.1%
assets growth YoY

Bowers and Associates 401(k)/Profit Sharing Plan among the smaller filed plans by assets

Bowers and Associates 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$1,602,752 28th percentile higher than 28% 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

Bowers and Associates 401(k)/Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bowers and Associates 401(k)/Profit Sharing Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bowers and Associates 401(k)/Profit Sharing Plan reported net income rose from -$109K in the plan year 2022 filing to $280K in the plan year 2023 filing.
  • Bowers and Associates 401(k)/Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Bowers and Associates 401(k)/Profit Sharing Plan reported participants fell from 7 in the plan year 2022 filing to 6 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 382766101 · Bowers and Associates Inc. PY 2023 · 401(k)

Bowers and Associates 401(k)/Profit Sharing Plan · $2M · 6 · 28th

  • SCH $2M
  • SCH 6
  • SCH 28th
  • SCH 401(k)
  • SCH near Buster Creek Properties Retirement Plan
  • SCH ind #4788

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Bowers and Associates 401(k)/Profit Sharing Plan in the asset neighbourhood

Bowers and Associates 401(k)/Profit Sharing PlanBowers and Associates 401(k)…$2MBuster Creek Properties Retirement PlanBuster Creek Properties Reti…$2MHealth Dynamics Profit Sharing PlanHealth Dynamics Profit Shari…$2MSullivan Mechanical Services, Inc. 401(k) PlanSullivan Mechanical Services…$2MMail Management Services Inc. 401(k) PlanMail Management Services Inc…$2M
End-of-year total assets ($M) among Bowers and Associates 401(k)/Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Bowers and Associates Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bowers and Associates Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 14.038891907886233% vs 2022
2024 filing year
$1.2M$1.3M$1.4M$1.5M$1.6M$1.7M 202220232024 $1.32M $1.51M ▲ +14.4%
Year Plans Participants Total Assets
2022 1 7 $1M
2023 1 6 $2M
2024 1 5 $2M

Bowers and Associates Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$280K
Employer EIN382766101
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Bowers and Associates 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Bowers and Associates 401(k)/Profit Sharing Plan, Total assets ($B): 0.001602752 · Participants: 6Bowers and Associates 401(k)/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
Bowers and Associates 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Buster Creek Properties Retirement Plan in AK ($2M); by covered participants it is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Bowers and Associates 401(k)/Profit Sharing Plan assets move in 2023?
Bowers and Associates 401(k)/Profit Sharing Plan grew sharply - up 21.1% during 2023, from $1M to $2M. Reported net income was $280K.
How have Bowers and Associates Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bowers and Associates Inc.'s sponsor-wide assets grew 14.0%, from $1M to $2M.
Which 401(k) plans are similar in size to Bowers and Associates 401(k)/Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Buster Creek Properties Retirement Plan in AK ($2M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Bowers and Associates 401(k)/Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants, $234K in assets).