401(k) · DOL Form 5500 · 2023

Bouma Group, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
210
Participants Below avg headcount
80th
Percentile by assets National rank
$151,579
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bouma Group, Inc. Retirement Plan · Sponsored by Bouma Group, Inc. · Michigan · Construction

$32M in assets, 210 participants

Bouma Group, Inc.'s Bouma Group, Inc. Retirement Plan reported $32M in total assets and 210 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,083 in Construction (9,030 peers)

Coverage in Michigan

Bouma Group, Inc. Retirement Plan covers 210 participants in Michigan, about 33% of the average Michigan filer (state average ~638 per filing). Assets: $32M.

#7,083
in Construction (9,030 peers)
+16.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Bouma Group, Inc. Retirement Plan's outsized position by total assets

Bouma Group, Inc. Retirement Plan vs every filed plan by assets

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

$31,831,586 Top 20% higher than 80% 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

Bouma Group, Inc. Retirement 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. Bouma Group, Inc. Retirement Plan sits mid-pack in the medium band (210 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bouma Group, Inc. Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Bouma Group, Inc. Retirement Plan end-of-year assets rose from $27M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Bouma Group, Inc. Retirement Plan reported participants rose from 195 in the plan year 2022 filing to 210 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 201562907 · Bouma Group, Inc. PY 2023 · 401(k)

Bouma Group, Inc. Retirement Plan · $32M · 210 · 80th

  • EOY $32M
  • EOY 210
  • EOY 80th
  • EOY 401(k)
  • EOY near Fs-Elliott Co., LLC Safe Harbor 401(k) and Profit Sharing Plan
  • EOY ind #7083

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 Construction retirement plans → · Plans in Michigan →

Bouma Group, Inc. Retirement Plan in the asset neighbourhood

Bouma Group, Inc. Retirement PlanBouma Group, Inc. Retirement…$32MFs-Elliott Co., LLC Safe Harbor 401(k) and Profit Sharing PlanFs-Elliott Co., LLC Safe Har…$32MGuam Regional Medical City 401(k) Retirement Savings PlanGuam Regional Medical City 4…$32MEngineered Air Balance Co., Inc. 401(k) Profit Sharing PlanEngineered Air Balance Co., …$32MRodda Paint Co. 401(k) Plan$32M
End-of-year total assets ($M) among Bouma Group, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$32M
Net Income$5M
Employer EIN201562907
Plan Effective Date1968-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bouma Group, Inc.)

Sponsor-wide plan assets over time

All Bouma Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$31M 15.224397753436628% vs 2022
2024 filing year
$26M$28M$30M$32M$34M 202220232024 $27.2M $31.4M ▲ +15.2%
Year Plans Participants Total Assets
2022 1 195 $27M
2023 1 210 $32M
2024 1 214 $31M

Nearby 401(k) Plans in Michigan

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

Bouma Group, Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Bouma Group, Inc. Retirement Plan, Total assets ($B): 0.031831586 · Participants: 210Bouma Group, Inc. Retirement 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
Bouma Group, Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Fs-Elliott Co., LLC Safe Harbor 401(k) and Profit Sharing Plan in PA ($32M); by covered participants it is B.E.a.T., LLC 401(k) Plan in TX (210 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (210 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 Bouma Group, Inc. Retirement Plan assets move in 2023?
Bouma Group, Inc. Retirement Plan grew sharply - up 16.9% during 2023, from $27M to $32M. Reported net income was $5M.
How have Bouma Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bouma Group, Inc.'s sponsor-wide assets grew 15.2%, from $27M to $31M.
Where does Bouma Group, Inc. Retirement Plan rank by assets among Form 5500 filers?
Bouma Group, Inc. Retirement Plan ranks in the 80th 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 Bouma Group, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Fs-Elliott Co., LLC Safe Harbor 401(k) and Profit Sharing Plan in PA ($32M, 217 participants).
Which 401(k) plans cover a similar participant headcount to Bouma Group, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is B.E.a.T., LLC 401(k) Plan in TX (210 participants, $8M in assets).