401(k) · DOL Form 5500 · 2024

Bearing Service, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
50
Participants Small participant base
62nd
Percentile by assets National rank
$267,421
Avg per participant High balance/head
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Official DOL plan name: Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Bearing Service, Inc. · Michigan · Wholesale Trade

$13M in assets, 50 participants

Bearing Service, Inc.'s Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust reported $13M in total assets and 50 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #3,319 in Wholesale Trade (6,080 peers)

Bearing Service, Inc. multi-year trail

Bearing Service, Inc.'s plans moved +17.9% in assets from 2022 to 2024; this filing shows Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust at $13M / 50 participants.

#3,319
in Wholesale Trade (6,080 peers)
+3.4%
assets growth YoY

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Wholesale Trade and all filers

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$13,371,036 Top 38% higher than 62% of 123,620 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 2024

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust is a small filing (50 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust reported net income fell from $2M in the plan year 2023 filing to $445K in the plan year 2024 filing.
  • Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust reported participants fell from 52 in the plan year 2023 filing to 50 in the plan year 2024 filing.
  • Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $13M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 381201778 · Bearing Service, Inc. PY 2024 · 401(k)

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust · $13M · 50 · 62nd

  • NET $13M
  • NET 50
  • NET 62nd
  • NET 401(k)
  • NET near Robbins, Inc. Employees' Retirement Savings Plan
  • NET ind #3319

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 →

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Bearing Service, Inc. 401(k) Profit Sharing Plan and TrustBearing Service, Inc. 401(k)…$13MRobbins, Inc. Employees' Retirement Savings PlanRobbins, Inc. Employees' Ret…$13MFirst New York Federal Credit Union Capital Accumulation PlanFirst New York Federal Credi…$13MBay Area Hospitalists PA 401(k) Profit Sharing Plan & TrustBay Area Hospitalists PA 401…$13MWest Coast Code Consultants Inc. 401(k) PlanWest Coast Code Consultants …$13M
End-of-year total assets ($M) among Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Bearing Service, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bearing Service, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 17.85037476071485% vs 2022
2024 filing year
$11M$12M$13M$14M 202220232024 $11.4M $13.4M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 56 $11M
2023 1 52 $13M
2024 1 50 $13M

Bearing Service, Inc. filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income$445K
Employer EIN381201778
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.013371036 · Participants: 50Bearing Service, Inc. 401(k) Profit Sharing Plan and TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Robbins, Inc. Employees' Retirement Savings Plan in OH ($13M); by covered participants it is Advata 401(k) Plan in TX (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust edged up modestly - up 3.4% during 2024, from $13M to $13M. Reported net income was $445K.
How have Bearing Service, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bearing Service, Inc.'s sponsor-wide assets grew 17.9%, from $11M to $13M.
Which 401(k) plans are similar in size to Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Robbins, Inc. Employees' Retirement Savings Plan in OH ($13M, 175 participants).
Which 401(k) plans cover a similar participant headcount to Bearing Service, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Advata 401(k) Plan in TX (50 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381201778.

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.