401(k) · DOL Form 5500 · 2024
Trimas Corporation 401(k) Plan
Data updated 2026-08-11
- $85M
- Total assets
- 1,517
- Participants
- 89th
- Percentile by assets
- $55,945
- Avg per participant
Official DOL plan name: Trimas Corporation Hourly Retirement Program · Sponsored by Trimas Corporation · Michigan · Manufacturing
$85M in assets, 1,517 participants
Trimas Corporation's Trimas Corporation Hourly Retirement Program reported $85M in total assets and 1,517 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 123,622 plans)
- #14,951 in Manufacturing (17,777 peers)
Coverage in Michigan
Trimas Corporation Hourly Retirement Program covers 1,517 participants in Michigan, 2.4x the typical Michigan plan (state average ~638 per filing). Assets: $85M.
- $85M
- total plan assets (2024 EOY)
- 1,517
- covered participants
- 89th
- percentile by assets (of 123,622 plans)
- $55,945
- avg assets per participant
Where Trimas Corporation Hourly Retirement Program sits by total assets
Trimas Corporation Hourly Retirement Program vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$84,868,208 Top 11% higher than 89% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Trimas Corporation Hourly Retirement Program reported participants rose from 1,211 in the plan year 2023 filing to 1,517 in the plan year 2024 filing.
- Trimas Corporation Hourly Retirement Program reported net income fell from $11M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Trimas Corporation Hourly Retirement Program end-of-year assets rose from $77M in the plan year 2023 filing to $85M in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Trimas Corporation Hourly Retirement Program reports 1,517 participants - 2.4x that state average ($85M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $77M |
|---|---|
| Net Assets (End of Year) | $85M |
| Net Income | $8M |
| Employer EIN | 382687639 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trimas Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 1,735 | $162M |
| 2023 | 3 | 1,784 | $192M |
| 2024 | 3 | 2,167 | $217M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Trimas Corporation Hourly Retirement Program vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Trimas Corporation Hourly Retirement Program by total assets, not by location.
Frequently Asked Questions
How did Trimas Corporation Hourly Retirement Program assets move in 2024? ▼
How have Trimas Corporation plan assets changed over time? ▼
Where does Trimas Corporation Hourly Retirement Program rank by assets among Form 5500 filers? ▼
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Next read for Trimas Corporation Hourly Retirement Pro…
Filing takeaways
Ways to act on Trimas Corporation Hourly Retirement Program's numbers.
- By total assets, Trimas Corporation Hourly Retirement Program ranks in the top quartile 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
- Trimas Corporation's sponsor-wide assets have grown 34.1% since 2022 across 3 plan years on file. More Manufacturing plans