401(k) · DOL Form 5500 · 2024

Best Metal Products Company 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
108
Participants Small participant base
42nd
Percentile by assets National rank
$46,752
Avg per participant Low balance/head
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Official DOL plan name: Best Metal Products Company Employees Profit Sharing Plan · Sponsored by Best Metal Products Company · Michigan · Manufacturing

$5M in assets, 108 participants

Best Metal Products Company's Best Metal Products Company Employees Profit Sharing Plan reported $5M in total assets and 108 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,493 in Manufacturing (17,777 peers)

Coverage in Michigan

Best Metal Products Company Employees Profit Sharing Plan covers 108 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $5M.

#4,493
in Manufacturing (17,777 peers)
+9.7%
assets growth YoY

Best Metal Products Company Employees Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Best Metal Products Company Employees Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,049,171 42nd percentile higher than 42% of 123,620 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 2024

Best Metal Products Company Employees Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Best Metal Products Company Employees Profit Sharing Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Best Metal Products Company Employees Profit Sharing Plan reported net income fell from $920K in the plan year 2023 filing to $448K in the plan year 2024 filing.
  • Best Metal Products Company Employees Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Best Metal Products Company Employees Profit Sharing Plan reported participants rose from 100 in the plan year 2023 filing to 108 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 381806291 · Best Metal Products Company PY 2024 · 401(k)

Best Metal Products Company Employees Profit Sharing Plan · $5M · 108 · 42nd

  • PHOTO $5M
  • IND 108
  • EOY 42nd
  • 5500 401(k)
  • ASSETS near Mundo Verde Bilingual Public Charter School Retirement Trust
  • PCT ind #4493

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 →

Best Metal Products Company Employees Profit Sharing Plan in the asset neighbourhood

Best Metal Products Company Employees Profit Sharing PlanBest Metal Products Company …$5MMundo Verde Bilingual Public Charter School Retirement TrustMundo Verde Bilingual Public…$5MDfa of California 401(k) Plan$5MFamily Health Network of Central New York 401(k) Profit Sharing PlanFamily Health Network of Cen…$5MKore Power 401(k) Plan$5M
End-of-year total assets ($M) among Best Metal Products Company Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$448K
Employer EIN381806291
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Best Metal Products Company)

Sponsor-wide plan assets over time

All Best Metal Products Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 37.17222341607309% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.68M $5.05M ▲ +37.2%
Year Plans Participants Total Assets
2022 1 91 $4M
2023 1 100 $5M
2024 1 108 $5M

Nearby 401(k) Plans in Michigan

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

Best Metal Products Company Employees Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Best Metal Products Company Employees Profit Sharing Plan, Total assets ($B): 0.005049171 · Participants: 108Best Metal Products Company Employees Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Best Metal Products Company Employees Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Best Metal Products Company Employees Profit Sharing Plan side-by-side with 3 peers →

Best Metal Products Company Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Mundo Verde Bilingual Public Charter School Retirement Trust in DC ($5M); by covered participants it is El Centro De Corazon 401(k) Profit Sharing Plan and Trust in TX (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Best Metal Products Company Employees Profit Sharing Plan assets move in 2024? ▼
Best Metal Products Company Employees Profit Sharing Plan grew at a solid clip - up 9.7% during 2024, from $5M to $5M. Reported net income was $448K.
How have Best Metal Products Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Best Metal Products Company's sponsor-wide assets grew 37.2%, from $4M to $5M.
Which 401(k) plans are similar in size to Best Metal Products Company Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mundo Verde Bilingual Public Charter School Retirement Trust in DC ($5M, 256 participants).
Which 401(k) plans cover a similar participant headcount to Best Metal Products Company Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is El Centro De Corazon 401(k) Profit Sharing Plan and Trust in TX (108 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381806291.

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.