401(k) · DOL Form 5500 · 2024

Canal Street Brewing Co. LLC Dba Founders Brewing Company 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
460
Participants Below avg headcount
81st
Percentile by assets National rank
$82,931
Avg per participant Below avg balance/head
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Official DOL plan name: Founders Brewing Company 401(k) Profit Sharing Plan · Sponsored by Canal Street Brewing Co. LLC Dba Founders Brewing Company · Michigan · Manufacturing

$38M in assets, 460 participants

Canal Street Brewing Co. LLC Dba Founders Brewing Company's Founders Brewing Company 401(k) Profit Sharing Plan reported $38M in total assets and 460 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,011 in Manufacturing (17,777 peers)

Where Founders Brewing Company 401(k) Profit Sharing Plan sits by assets

Founders Brewing Company 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $38M for 460 participants (~$82,931/participant), up 39.6% in 2024.

#13,011
in Manufacturing (17,777 peers)
+39.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Founders Brewing Company 401(k) Profit Sharing Plan's outsized position by total assets

Founders Brewing Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$38,148,458 Top 19% higher than 81% 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

Founders Brewing Company 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Founders Brewing Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (460 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Founders Brewing Company 401(k) Profit Sharing Plan end-of-year assets rose from $27M in the plan year 2023 filing to $38M in the plan year 2024 filing.
  • Founders Brewing Company 401(k) Profit Sharing Plan reported participants fell from 475 in the plan year 2023 filing to 460 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 383314250 · Canal Street Brewing Co. LLC Dba Founders Brewing Company PY 2024 · 401(k)

Founders Brewing Company 401(k) Profit Sharing Plan · $38M · 460 · 81st

  • RANK $38M
  • RANK 460
  • RANK 81st
  • RANK 401(k)
  • RANK near Pantheon Ventures (US) LP 401(k) Plan and Trust
  • RANK ind #13011

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 →

Founders Brewing Company 401(k) Profit Sharing Plan in the asset neighbourhood

Founders Brewing Company 401(k) Profit Sharing PlanFounders Brewing Company 401…$38MPantheon Ventures (US) LP 401(k) Plan and TrustPantheon Ventures (US) LP 40…$38MStratus Team, LLC 401(k) Plan$38MSpatco Energy Solutions 401(k) PlanSpatco Energy Solutions 401(…$38MInternational Intimates Inc. Retirement PlanInternational Intimates Inc.…$38M
End-of-year total assets ($M) among Founders Brewing Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$38M
Net Income$5M
Employer EIN383314250
Plan Effective Date2010-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canal Street Brewing Co. LLC Dba Founders Brewing Company)

Sponsor-wide plan assets over time

All Canal Street Brewing Co. LLC Dba Founders Brewing Company plans reported in each filing year

Latest sponsor-wide plan assets
$38M 73.50547530824049% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $22M $38.2M ▲ +73.5%
Year Plans Participants Total Assets
2022 1 452 $22M
2023 1 475 $27M
2024 1 460 $38M

Nearby 401(k) Plans in Michigan

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

Founders Brewing Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Founders Brewing Company 401(k) Profit Sharing Plan, Total assets ($B): 0.038148458 · Participants: 460Founders Brewing Company 401(k) Profit Sharing PlanGeneral 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
Founders Brewing Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Founders Brewing Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Pantheon Ventures (US) LP 401(k) Plan and Trust in CA ($38M); by covered participants it is Leedo 401(k) Plan in TX (460 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (460 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 Founders Brewing Company 401(k) Profit Sharing Plan assets move in 2024?
Founders Brewing Company 401(k) Profit Sharing Plan surged - up 39.6% during 2024, from $27M to $38M. Reported net income was $5M.
How have Canal Street Brewing Co. LLC Dba Founders Brewing Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Canal Street Brewing Co. LLC Dba Founders Brewing Company's sponsor-wide assets grew 73.5%, from $22M to $38M.
Where does Founders Brewing Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Founders Brewing Company 401(k) Profit Sharing Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Founders Brewing Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Pantheon Ventures (US) LP 401(k) Plan and Trust in CA ($38M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Founders Brewing Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Leedo 401(k) Plan in TX (460 participants, $7M in assets).