401(k) · DOL Form 5500 · 2023

Verstand Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
9
Participants Small participant base
28th
Percentile by assets National rank
$178,129
Avg per participant Above avg balance/head
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Official DOL plan name: Verstand Engineering, Inc. Profit Sharing & 401(k) Plan · Sponsored by Verstand Engineering, Inc. · Michigan · Professional & Technical Services

$2M in assets, 9 participants

Verstand Engineering, Inc.'s Verstand Engineering, Inc. Profit Sharing & 401(k) Plan reported $2M in total assets and 9 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.

  • #4,790 in Professional & Technical Services (20,321 peers)

Verstand Engineering, Inc. multi-year trail

Verstand Engineering, Inc.'s plans moved -54.2% in assets from 2022 to 2024; this filing shows Verstand Engineering, Inc. Profit Sharing & 401(k) Plan at $2M / 9 participants.

#4,790
in Professional & Technical Services (20,321 peers)
-51.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Verstand Engineering, Inc. Profit Sharing & 401(k) Plan among the smaller filed plans by assets

Verstand Engineering, Inc. Profit Sharing & 401(k) Plan vs every filed plan by assets

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

$1,603,160 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

Verstand Engineering, Inc. Profit Sharing & 401(k) 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. Verstand Engineering, Inc. Profit Sharing & 401(k) Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Verstand Engineering, Inc. Profit Sharing & 401(k) Plan reported net income fell from $180K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Verstand Engineering, Inc. Profit Sharing & 401(k) Plan end-of-year assets fell from $3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Verstand Engineering, Inc. Profit Sharing & 401(k) Plan reported participants fell from 10 in the plan year 2022 filing to 9 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381654478 · Verstand Engineering, Inc. PY 2023 · 401(k)

Verstand Engineering, Inc. Profit Sharing & 401(k) Plan · $2M · 9 · 28th

  • EBSA $2M
  • PART 9
  • TYPE 28th
  • NET 401(k)
  • BOOK near Jensen Drilling Co. Profit Sharing 401(k) Plan
  • VS-ST ind #4790

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 →

Verstand Engineering, Inc. Profit Sharing & 401(k) Plan in the asset neighbourhood

Verstand Engineering, Inc. Profit Sharing & 401(k) PlanVerstand Engineering, Inc. P…$2MJensen Drilling Co. Profit Sharing 401(k) PlanJensen Drilling Co. Profit S…$2MMail Management Services Inc. 401(k) PlanMail Management Services Inc…$2MJackson Area Chamber of Commerce 401(k) Profit Sharing PlanJackson Area Chamber of Comm…$2MThe Contractors Retirement PlanThe Contractors Retirement P…$2M
End-of-year total assets ($M) among Verstand Engineering, Inc. Profit Sharing & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Verstand Engineering, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Verstand Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 54.15026470529883% vs 2022
2024 filing year
$1M$2M$3M$4M 202220232024 $3.28M $1.5M ▼ -54.3%
Year Plans Participants Total Assets
2022 1 10 $3M
2023 1 9 $2M
2024 1 8 $2M

Verstand Engineering, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$2M
Employer EIN381654478
Plan Effective Date1973-09-30
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Verstand Engineering, Inc. Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Verstand Engineering, Inc. Profit Sharing & 401(k) Plan, Total assets ($B): 0.00160316 · Participants: 9Verstand Engineering, Inc. Profit Sharing & 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
Verstand Engineering, Inc. Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Verstand Engineering, Inc. Profit Sharing & 401(k) Plan side-by-side with 3 peers →

Verstand Engineering, Inc. Profit Sharing & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Jensen Drilling Co. Profit Sharing 401(k) Plan in OR ($2M); by covered participants it is Consumer Construction of N. Virginia Inc. 401(k) Plan in VA (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Verstand Engineering, Inc. Profit Sharing & 401(k) Plan assets move in 2023? ▼
Verstand Engineering, Inc. Profit Sharing & 401(k) Plan contracted severely - down 51.1% during 2023, from $3M to $2M. Reported net income was -$2M.
How have Verstand Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Verstand Engineering, Inc.'s sponsor-wide assets declined 54.2%, from $3M to $2M.
Which 401(k) plans are similar in size to Verstand Engineering, Inc. Profit Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jensen Drilling Co. Profit Sharing 401(k) Plan in OR ($2M, 14 participants).
Which 401(k) plans cover a similar participant headcount to Verstand Engineering, Inc. Profit Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Consumer Construction of N. Virginia Inc. 401(k) Plan in VA (9 participants, $459K 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 381654478.

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.