401(k) · DOL Form 5500 · 2023

Kalsec, Inc. 401(k) Plan

Data updated 2026-08-25

$97M
Total assets Below avg plan size
331
Participants Below avg headcount
91st
Percentile by assets National rank
$291,634
Avg per participant High balance/head
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Official DOL plan name: Kalsec, Inc. Employees' Profit Sharing Plan · Sponsored by Kalsec, Inc. · Michigan · Manufacturing

$97M in assets, 331 participants

Kalsec, Inc.'s Kalsec, Inc. Employees' Profit Sharing Plan reported $97M in total assets and 331 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #16,189 in Manufacturing (18,722 peers)

Where Kalsec, Inc. Employees' Profit Sharing Plan sits by assets

Kalsec, Inc. Employees' Profit Sharing Plan sits in the top 10% of all filed plans by assets, $97M for 331 participants (~$291,634/participant), up 16.4% in 2023.

#16,189
in Manufacturing (18,722 peers)
+16.4%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Kalsec, Inc. Employees' Profit Sharing Plan's outsized position by total assets

Kalsec, Inc. Employees' Profit Sharing Plan vs every filed plan by assets

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

$96,531,005 Top 9% higher than 91% 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

Kalsec, Inc. Employees' Profit Sharing 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. Kalsec, Inc. Employees' Profit Sharing Plan sits mid-pack in the medium band (331 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kalsec, Inc. Employees' Profit Sharing Plan end-of-year assets rose from $83M in the plan year 2022 filing to $97M in the plan year 2023 filing.
  • Kalsec, Inc. Employees' Profit Sharing Plan reported net income rose from $13M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Kalsec, Inc. Employees' Profit Sharing Plan reported participants rose from 320 in the plan year 2022 filing to 331 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 382089140 · Kalsec, Inc. PY 2023 · 401(k)

Kalsec, Inc. Employees' Profit Sharing Plan · $97M · 331 · 91st

  • 5500 $97M
  • 5500 331
  • 5500 91st
  • 5500 401(k)
  • 5500 near H.I.G. Capital Management, LLC 401(k) Plan
  • 5500 ind #16189

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 →

Kalsec, Inc. Employees' Profit Sharing Plan in the asset neighbourhood

We Employees' 401(k) Cash or Deferred Retirement PlanWe Employees' 401(k) Cash or…$97MKalsec, Inc. Employees' Profit Sharing PlanKalsec, Inc. Employees' Prof…$97MH.I.G. Capital Management, LLC 401(k) PlanH.I.G. Capital Management, L…$97MElementis Global Retirement Savings PlanElementis Global Retirement …$97MAffinity Federal Credit Union 401(k) PlanAffinity Federal Credit Unio…$96M
End-of-year total assets ($M) among Kalsec, Inc. Employees' Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$83M
Net Assets (End of Year)$97M
Net Income$14M
Employer EIN382089140
Plan Effective Date1982-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kalsec, Inc.)

Sponsor-wide plan assets over time

All Kalsec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$137M 11.835529815398301% vs 2022
2024 filing year
$120M$125M$130M$135M$140M 202220232024 $123M $137M ▲ +11.8%
Year Plans Participants Total Assets
2022 3 555 $123M
2023 2 442 $122M
2024 2 442 $137M

Nearby 401(k) Plans in Michigan

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

Kalsec, Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Kalsec, Inc. Employees' Profit Sharing Plan, Total assets ($B): 0.096531005 · Participants: 331Kalsec, Inc. Employees' Profit Sharing 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
Kalsec, Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Kalsec, Inc. Employees' Profit Sharing Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is H.I.G. Capital Management, LLC 401(k) Plan in FL ($97M); by covered participants it is Pds 401(k) Plan for Maritime Sector Employees in TX (331 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (331 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 Kalsec, Inc. Employees' Profit Sharing Plan assets move in 2023? ▼
Kalsec, Inc. Employees' Profit Sharing Plan grew sharply - up 16.4% during 2023, from $83M to $97M. Reported net income was $14M.
How have Kalsec, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kalsec, Inc.'s sponsor-wide assets grew 11.8%, from $123M to $137M.
Where does Kalsec, Inc. Employees' Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Kalsec, Inc. Employees' Profit Sharing Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Kalsec, Inc. Employees' Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is H.I.G. Capital Management, LLC 401(k) Plan in FL ($97M, 650 participants).
Which 401(k) plans cover a similar participant headcount to Kalsec, Inc. Employees' Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pds 401(k) Plan for Maritime Sector Employees in TX (331 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382089140.

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.