401(k) · DOL Form 5500 · 2023

Andersen Material Handling, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
291
Participants Below avg headcount
73rd
Percentile by assets National rank
$68,356
Avg per participant Below avg balance/head
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Official DOL plan name: Andersen Material Handling 401(k) Plan · Sponsored by Andersen Material Handling, Inc. · Michigan · Wholesale Trade

$20M in assets, 291 participants

Andersen Material Handling, Inc.'s Andersen Material Handling 401(k) Plan reported $20M in total assets and 291 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #4,382 in Wholesale Trade (6,309 peers)

Coverage in Michigan

Andersen Material Handling 401(k) Plan covers 291 participants in Michigan, about 46% of the average Michigan filer (state average ~638 per filing). Assets: $20M.

#4,382
in Wholesale Trade (6,309 peers)
+22.8%
assets growth YoY

Andersen Material Handling 401(k) Plan's outsized position by total assets

Andersen Material Handling 401(k) Plan vs every filed plan by assets

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

$19,891,722 Top 27% higher than 73% 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

Andersen Material Handling 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. Andersen Material Handling 401(k) Plan sits mid-pack in the medium band (291 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Andersen Material Handling 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Andersen Material Handling 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Andersen Material Handling 401(k) Plan reported participants rose from 277 in the plan year 2022 filing to 291 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381722178 · Andersen Material Handling, Inc. PY 2023 · 401(k)

Andersen Material Handling 401(k) Plan · $20M · 291 · 73rd

  • PCT $20M
  • PCT 291
  • PCT 73rd
  • PCT 401(k)
  • PCT near R.F.I. 401(k) Plan
  • PCT ind #4382

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 Wholesale Trade retirement plans → · Plans in Michigan →

Andersen Material Handling 401(k) Plan in the asset neighbourhood

Andersen Material Handling 401(k) PlanAndersen Material Handling 4…$20MR.F.I. 401(k) Plan$20MBell Techlogix Savings and Retirement PlanBell Techlogix Savings and R…$20MCrane Engineering Sales, Inc. 401(k) PlanCrane Engineering Sales, Inc…$20MShur-Co, LLC 401(k) Plan$20M
End-of-year total assets ($M) among Andersen Material Handling 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$4M
Employer EIN381722178
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Andersen Material Handling, Inc.)

Sponsor-wide plan assets over time

All Andersen Material Handling, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 47.52013780952559% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $16.2M $23.9M ▲ +47.5%
Year Plans Participants Total Assets
2022 1 277 $16M
2023 1 291 $20M
2024 1 318 $24M

Nearby 401(k) Plans in Michigan

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

Andersen Material Handling 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Andersen Material Handling 401(k) Plan, Total assets ($B): 0.019891722 · Participants: 291Andersen Material Handling 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
Andersen Material Handling 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Andersen Material Handling 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is R.F.I. 401(k) Plan in IN ($20M); by covered participants it is Fleetwood - Fibre Packaging & Graphics, Inc. Retirement Savings and Profit in CA (291 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (291 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 Andersen Material Handling 401(k) Plan assets move in 2023?
Andersen Material Handling 401(k) Plan grew sharply - up 22.8% during 2023, from $16M to $20M. Reported net income was $4M.
How have Andersen Material Handling, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Andersen Material Handling, Inc.'s sponsor-wide assets grew 47.5%, from $16M to $24M.
Which 401(k) plans are similar in size to Andersen Material Handling 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is R.F.I. 401(k) Plan in IN ($20M, 166 participants).
Which 401(k) plans cover a similar participant headcount to Andersen Material Handling 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Fleetwood - Fibre Packaging & Graphics, Inc. Retirement Savings and Profit in CA (291 participants, $28M in assets).