401(k) · DOL Form 5500 · 2023

Kalsec, Inc. 401(k) Plan

Data updated 2026-08-11

$97M
Total assets: 331
Participants: 91st
Percentile by assets: $291,634
Avg per participant

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.

91st percentile by assets (of 127,072 plans)
#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.

$97M
total plan assets (2023 EOY): 331
covered participants: 91st
percentile by assets (of 127,072 plans): $291,634
avg assets per participant

Where Kalsec, Inc. Employees' Profit Sharing Plan sits 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

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 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 →

State

Michigan

Industry

Manufacturing

Kalsec, Inc. Employees' Profit Sharing Plan vs the 2023 asset distribution

By assets, Kalsec, Inc. Employees' Profit Sharing Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$83M
Net Assets (End of Year)	$97M
Net Income	$14M
Employer EIN	382089140
Plan Effective Date	1982-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Kalsec, Inc.)

Total plan assets by year, all Kalsec, Inc. plans on file

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

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

Compare Kalsec, Inc. Employees' Profit Sharing P… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kalsec, Inc. Employees' Profit Sharing Plan by total assets, not by location.

H.I.G. Capital Management, LLC 401(k) Plan (FL) $97M · 650
Elementis Global Retirement Savings Plan (NJ) $97M · 477
We Employees' 401(k) Cash or Deferred Retirement Plan (WA) $97M · 544
Affinity Federal Credit Union 401(k) Plan (NJ) $96M · 521

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).

Next read for Kalsec, Inc. Employees' Profit Sharing P…

Scale reading

Ways to act on Kalsec, Inc. Employees' Profit Sharing Plan's numbers.

By total assets, Kalsec, Inc. Employees' Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Kalsec, Inc.'s sponsor-wide assets have grown 11.8% since 2022 across 3 plan years on file. More Manufacturing plans

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.