401(k) · DOL Form 5500 · 2023

Mikel, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
234
Participants Below avg headcount
69th
Percentile by assets National rank
$68,823
Avg per participant Below avg balance/head
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Official DOL plan name: Mikel, Inc. 401(k) Plan · Sponsored by Mikel, Inc. · Rhode Island · Professional & Technical Services

$16M in assets, 234 participants

Mikel, Inc.'s Mikel, Inc. 401(k) Plan reported $16M in total assets and 234 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #13,823 in Professional & Technical Services (20,321 peers)

Coverage in Rhode Island

Mikel, Inc. 401(k) Plan covers 234 participants in Rhode Island, about 16% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $16M.

#13,823
in Professional & Technical Services (20,321 peers)
+21.8%
assets growth YoY

Mikel, Inc. 401(k) Plan's outsized position by total assets

Mikel, Inc. 401(k) Plan vs every filed plan by assets

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

$16,104,570 Top 31% higher than 69% 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

Mikel, Inc. 401(k) 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. Mikel, Inc. 401(k) Plan sits mid-pack in the medium band (234 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mikel, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mikel, Inc. 401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Mikel, Inc. 401(k) Plan reported participants rose from 229 in the plan year 2022 filing to 234 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 880445640 · Mikel, Inc. PY 2023 · 401(k)

Mikel, Inc. 401(k) Plan · $16M · 234 · 69th

  • NET $16M
  • NET 234
  • NET 69th
  • NET 401(k)
  • NET near Achilles USA, Inc. 401(k) Profit Sharing Plan and Trust
  • NET ind #13823

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 Rhode Island →

Mikel, Inc. 401(k) Plan in the asset neighbourhood

Sebastian Enterprises, Inc. 401(k) Profit Sharing PlanSebastian Enterprises, Inc. …$16MMikel, Inc. 401(k) Plan$16MAchilles USA, Inc. 401(k) Profit Sharing Plan and TrustAchilles USA, Inc. 401(k) Pr…$16MKocourek 401(k) Profit Sharing PlanKocourek 401(k) Profit Shari…$16MSuperior Tire & Rubber Corporation Profit Sharing PlanSuperior Tire & Rubber Corpo…$16M
End-of-year total assets ($M) among Mikel, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Rhode Island filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN880445640
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mikel, Inc.)

Sponsor-wide plan assets over time

All Mikel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 44.22105089711227% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.2M $19.1M ▲ +44.2%
Year Plans Participants Total Assets
2022 1 229 $13M
2023 1 234 $16M
2024 1 229 $19M

Nearby 401(k) Plans in Rhode Island

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

Mikel, Inc. 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Mikel, Inc. 401(k) Plan, Total assets ($B): 0.01610457 · Participants: 234Mikel, Inc. 401(k) PlanCVS Health Future Fund 401(k) Plan, Total assets ($B): 27.588812025 · Participants: 265760CVS Health Future Fund 401(k) PlanTextron Savings Plan, Total assets ($B): 5.714708993 · Participants: 26580Textron Savings PlanCfg Retirement Savings Plan, Total assets ($B): 2.930113664 · Participants: 19047Cfg Retirement Savings PlanUnfi 401(k) Plan, Total assets ($B): 2.65846631 · Participants: 25475Unfi 401(k) PlanFm Global 401(k) Savings Plan, Total assets ($B): 1.684102096 · Participants: 4295Fm Global 401(k) Savings Plan
Mikel, Inc. 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Mikel, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Rhode Island, the nearest 401(k) by assets is Achilles USA, Inc. 401(k) Profit Sharing Plan and Trust in WA ($16M); by covered participants it is Toyo Automotive 401(k) Plan in KY (234 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (234 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 Mikel, Inc. 401(k) Plan assets move in 2023?
Mikel, Inc. 401(k) Plan grew sharply - up 21.8% during 2023, from $13M to $16M. Reported net income was $3M.
How have Mikel, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mikel, Inc.'s sponsor-wide assets grew 44.2%, from $13M to $19M.
Which 401(k) plans are similar in size to Mikel, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Achilles USA, Inc. 401(k) Profit Sharing Plan and Trust in WA ($16M, 137 participants).
Which 401(k) plans cover a similar participant headcount to Mikel, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Toyo Automotive 401(k) Plan in KY (234 participants, N/A in assets).