401(k) · DOL Form 5500 · 2023

Thai Summit America Corporation 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
960
Participants Near avg headcount
88th
Percentile by assets National rank
$65,390
Avg per participant Low balance/head
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Official DOL plan name: Thai Summit America Corporation Profit Sharing & 401(k) Plan · Sponsored by Thai Summit America Corporation · Michigan · Manufacturing

$63M in assets, 960 participants

Thai Summit America Corporation's Thai Summit America Corporation Profit Sharing & 401(k) Plan reported $63M in total assets and 960 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,329 in Manufacturing (18,722 peers)

Where Thai Summit America Corporation Profit Sharing & 401(k) Plan sits by assets

Thai Summit America Corporation Profit Sharing & 401(k) Plan sits in the top quartile of all filed plans by assets, $63M for 960 participants (~$65,390/participant), up 11.4% in 2023.

#15,329
in Manufacturing (18,722 peers)
+11.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Thai Summit America Corporation Profit Sharing & 401(k) Plan's outsized position by total assets

Thai Summit America Corporation Profit Sharing & 401(k) Plan vs every filed plan by assets

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

$62,773,993 Top 12% higher than 88% 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

Thai Summit America Corporation Profit Sharing & 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. Thai Summit America Corporation Profit Sharing & 401(k) Plan sits mid-pack in the medium band (960 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thai Summit America Corporation Profit Sharing & 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Thai Summit America Corporation Profit Sharing & 401(k) Plan reported participants rose from 855 in the plan year 2022 filing to 960 in the plan year 2023 filing.
  • Thai Summit America Corporation Profit Sharing & 401(k) Plan end-of-year assets rose from $56M in the plan year 2022 filing to $63M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382617507 · Thai Summit America Corporation PY 2023 · 401(k)

Thai Summit America Corporation Profit Sharing & 401(k) Plan · $63M · 960 · 88th

  • VS-ST $63M
  • BOY 960
  • SCH 88th
  • EBSA 401(k)
  • PART near Cambro Manufacturing Company Employees 401(k) Retirement Plan
  • TYPE ind #15329

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 Michigan →

Thai Summit America Corporation Profit Sharing & 401(k) Plan in the asset neighbourhood

Cambro Manufacturing Company Employees 401(k) Retirement PlanCambro Manufacturing Company…$63MNeugen LLC Employees' 401(k) PlanNeugen LLC Employees' 401(k)…$63MWb Frozen US, LLC 401(k) Plan$63MThai Summit America Corporation Profit Sharing & 401(k) PlanThai Summit America Corporat…$63MExactech, Inc. 401(k) Profit Sharing PlanExactech, Inc. 401(k) Profit…$63M
End-of-year total assets ($M) among Thai Summit America Corporation Profit Sharing & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$63M
Net Income$6M
Employer EIN382617507
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thai Summit America Corporation)

Sponsor-wide plan assets over time

All Thai Summit America Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$56M 0.6986841599414352% vs 2022
2024 filing year
$55M$60M$65M 202220232024 $56.4M $56M ▼ -0.7%
Year Plans Participants Total Assets
2022 1 855 $56M
2023 1 960 $63M
2024 1 983 $56M

Nearby 401(k) Plans in Michigan

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

Thai Summit America Corporation 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 ($B) Participants Thai Summit America Corporation Profit Sharing & 401(k) Plan, Total assets ($B): 0.062773993 · Participants: 960Thai Summit America Corporation 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
Thai Summit America Corporation Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Thai Summit America Corporation 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 Cambro Manufacturing Company Employees 401(k) Retirement Plan in CA ($63M); by covered participants it is Bowl New England, Inc. 401(k) Profit Sharing Plan in VT (960 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (960 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 Thai Summit America Corporation Profit Sharing & 401(k) Plan assets move in 2023?
Thai Summit America Corporation Profit Sharing & 401(k) Plan grew at a solid clip - up 11.4% during 2023, from $56M to $63M. Reported net income was $6M.
How have Thai Summit America Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Thai Summit America Corporation's sponsor-wide assets declined 0.7%, from $56M to $56M.
Where does Thai Summit America Corporation Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers?
Thai Summit America Corporation Profit Sharing & 401(k) Plan ranks in the 88th 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 Thai Summit America Corporation Profit Sharing & 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cambro Manufacturing Company Employees 401(k) Retirement Plan in CA ($63M, 832 participants).
Which 401(k) plans cover a similar participant headcount to Thai Summit America Corporation Profit Sharing & 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bowl New England, Inc. 401(k) Profit Sharing Plan in VT (960 participants, $9M in assets).