401(k) · DOL Form 5500 · 2023

Michigan Air Products Co. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
60
Participants Small participant base
59th
Percentile by assets National rank
$166,175
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michigan Air Products Profit Sharing Plan · Sponsored by Michigan Air Products Co. · Michigan · Wholesale Trade

$10M in assets, 60 participants

Michigan Air Products Co.'s Michigan Air Products Profit Sharing Plan reported $10M in total assets and 60 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,178 in Wholesale Trade (6,309 peers)

Michigan Air Products Co. multi-year trail

Michigan Air Products Co.'s plans moved +42.3% in assets from 2022 to 2024; this filing shows Michigan Air Products Profit Sharing Plan at $10M / 60 participants.

#3,178
in Wholesale Trade (6,309 peers)
+24.5%
assets growth YoY

Michigan Air Products Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Michigan Air Products Profit Sharing Plan vs every filed plan by assets

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

$9,970,471 Top 41% higher than 59% 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

Michigan Air Products Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Air Products Profit Sharing Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michigan Air Products Profit Sharing Plan reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Michigan Air Products Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Michigan Air Products Profit Sharing Plan reported participants fell from 65 in the plan year 2022 filing to 60 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382707865 · Michigan Air Products Co. PY 2023 · 401(k)

Michigan Air Products Profit Sharing Plan · $10M · 60 · 59th

  • PCT $10M
  • EIN 60
  • RANK 59th
  • PHOTO 401(k)
  • IND near Via Employee Stock Ownership 401(k) Plan
  • EOY ind #3178

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 →

Michigan Air Products Profit Sharing Plan in the asset neighbourhood

Michigan Air Products Profit Sharing PlanMichigan Air Products Profit…$10MVia Employee Stock Ownership 401(k) PlanVia Employee Stock Ownership…$10MTeza Technologies LLC 401(k) Profit Sharing Plan & TrustTeza Technologies LLC 401(k)…$10MThe Dl Martin Co 401(k) Profit Sharing PlanThe Dl Martin Co 401(k) Prof…$10ME.R. Wagner Manufacturing Company, Inc. Retirement Savings PlanE.R. Wagner Manufacturing Co…$10M
End-of-year total assets ($M) among Michigan Air Products Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan Air Products Co. multi-year asset trail

Sponsor-wide plan assets over time

All Michigan Air Products Co. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 42.3195010521317% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $8.01M $11.4M ▲ +42.2%
Year Plans Participants Total Assets
2022 1 65 $8M
2023 1 60 $10M
2024 1 67 $11M

Michigan Air Products Co. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN382707865
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Michigan Air Products Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Michigan Air Products Profit Sharing Plan, Total assets ($B): 0.009970471 · Participants: 60Michigan Air Products 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
Michigan Air Products Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Michigan Air Products Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Via Employee Stock Ownership 401(k) Plan in ME ($10M); by covered participants it is Fabricated Pipe, Inc. Profit Sharing 401(k) Plan and Trust in LA (60 participants). Same-state nearby plans are listed separately above.

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 Michigan Air Products Profit Sharing Plan assets move in 2023?
Michigan Air Products Profit Sharing Plan grew sharply - up 24.5% during 2023, from $8M to $10M. Reported net income was $2M.
How have Michigan Air Products Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Michigan Air Products Co.'s sponsor-wide assets grew 42.3%, from $8M to $11M.
Which 401(k) plans are similar in size to Michigan Air Products Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Via Employee Stock Ownership 401(k) Plan in ME ($10M, 48 participants).
Which 401(k) plans cover a similar participant headcount to Michigan Air Products Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Fabricated Pipe, Inc. Profit Sharing 401(k) Plan and Trust in LA (60 participants, N/A in assets).