401(k) · DOL Form 5500 · 2023
Industrial Bag & Specialties, Inc. 401(k) Plan
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 5
- Participants Small participant base
- 32nd
- Percentile by assets National rank
- $440,905
- Avg per participant High balance/head
Official DOL plan name: Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan · Sponsored by Industrial Bag & Specialties, Inc. · Michigan · Manufacturing
$2M in assets, 5 participants
Industrial Bag & Specialties, Inc.'s Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan reported $2M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.
- #2,959 in Manufacturing (18,722 peers)
Industrial Bag & Specialties, Inc. multi-year trail
Industrial Bag & Specialties, Inc.'s plans moved +80.0% in assets from 2022 to 2024; this filing shows Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan at $2M / 5 participants.
- #2,959
- in Manufacturing (18,722 peers)
- +33.3%
- assets growth YoY
Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan among the smaller filed plans by assets
Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,204,526 32nd percentile higher than 32% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Industrial Bag & Specialties, 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. Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan is a micro filing (5 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan reported net income rose from $211K in the plan year 2022 filing to $551K in the plan year 2023 filing.
- Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
DOL schedule card
Filing strip 381264676 · Industrial Bag & Specialties, Inc. PY 2023 · 401(k)
Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan · $2M · 5 · 32nd
- PHOTO $2M
- IND 5
- EOY 32nd
- 5500 401(k)
- ASSETS near Robert M. Spano Plumbing & Heating, Inc. Profit Sharing Plan
- PCT ind #2959
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 →
Industrial Bag & Specialties, Inc. Profit Sharing & 401(k) Plan in the asset neighbourhood
Industrial Bag & Specialties, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Industrial Bag & Specialties, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3M 80.0177800893238% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5 | $2M |
| 2023 | 1 | 5 | $2M |
| 2024 | 1 | 5 | $3M |
Industrial Bag & Specialties, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | $551K |
| Employer EIN | 381264676 |
| Plan Effective Date | 2006-12-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Industrial Bag & Specialties, 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 Robert M. Spano Plumbing & Heating, Inc. Profit Sharing Plan in NY ($2M); by covered participants it is Unkar Systems, Inc. 401(k) Plan in CA (5 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (5 participants); asset peers above are excluded.
- Unkar Systems, Inc. 401(k) Plan (CA) 5 · 0 off
- Larrann, Inc. 401(k) Plan (FL) 5 · 0 off
- Larrann, Inc. 401(k) Plan (FL) 5 · 0 off
- Br3 Enterprises, Inc. 401(k) Plan (MO) 5 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.