401(k) · DOL Form 5500 · 2024

Burnips Equipment Company 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
153
Participants Small participant base
49th
Percentile by assets National rank
$47,404
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Burnips Equipment Company 401(k) Plan · Sponsored by Burnips Equipment Company · Michigan · Other Services

$7M in assets, 153 participants

Burnips Equipment Company's Burnips Equipment Company 401(k) Plan reported $7M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #5,358 in Other Services (7,719 peers)

Coverage in Michigan

Burnips Equipment Company 401(k) Plan covers 153 participants in Michigan, about 24% of the average Michigan filer (state average ~638 per filing). Assets: $7M.

#5,358
in Other Services (7,719 peers)
+24.8%
assets growth YoY

Burnips Equipment Company 401(k) Plan's mid-pack asset rank among Other Services and all filers

Burnips Equipment Company 401(k) Plan vs every filed plan by assets

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

$7,252,864 49th percentile higher than 49% 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

Burnips Equipment Company 401(k) 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. Burnips Equipment Company 401(k) Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Burnips Equipment Company 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Burnips Equipment Company 401(k) Plan reported participants rose from 132 in the plan year 2023 filing to 153 in the plan year 2024 filing.
  • Burnips Equipment Company 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 381992969 · Burnips Equipment Company PY 2024 · 401(k)

Burnips Equipment Company 401(k) Plan · $7M · 153 · 49th

  • 5500 $7M
  • 5500 153
  • 5500 49th
  • 5500 401(k)
  • 5500 near Yield10 Bioscience Employee 401(k) Plan
  • 5500 ind #5358

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 Other Services retirement plans → · Plans in Michigan →

Burnips Equipment Company 401(k) Plan in the asset neighbourhood

Burnips Equipment Company 401(k) PlanBurnips Equipment Company 40…$7MYield10 Bioscience Employee 401(k) PlanYield10 Bioscience Employee …$7MParadowski Creative 401(k) Retirement PlanParadowski Creative 401(k) R…$7MTraffic Engineers, Inc. Profit Sharing PlanTraffic Engineers, Inc. Prof…$7MMgs, Inc. 401(k) Plan$7M
End-of-year total assets ($M) among Burnips Equipment Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN381992969
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Burnips Equipment Company)

Sponsor-wide plan assets over time

All Burnips Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
$7M 72.82636331770885% vs 2022
2024 filing year
$3M$4M$5M$6M$7M$8M 202220232024 $4.2M $7.25M ▲ +72.6%
Year Plans Participants Total Assets
2022 1 130 $4M
2023 1 132 $6M
2024 1 153 $7M

Nearby 401(k) Plans in Michigan

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

Burnips Equipment Company 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Burnips Equipment Company 401(k) Plan, Total assets ($B): 0.007252864 · Participants: 153Burnips Equipment Company 401(k) 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
Burnips Equipment Company 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Burnips Equipment Company 401(k) Plan side-by-side with 3 peers →

Burnips Equipment Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Yield10 Bioscience Employee 401(k) Plan in MA ($7M); by covered participants it is American Guardian Warranty 401(k) Plan in IL (153 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Burnips Equipment Company 401(k) Plan assets move in 2024? ▼
Burnips Equipment Company 401(k) Plan grew sharply - up 24.8% during 2024, from $6M to $7M. Reported net income was $1M.
How have Burnips Equipment Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Burnips Equipment Company's sponsor-wide assets grew 72.8%, from $4M to $7M.
Which 401(k) plans are similar in size to Burnips Equipment Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Yield10 Bioscience Employee 401(k) Plan in MA ($7M, 13 participants).
Which 401(k) plans cover a similar participant headcount to Burnips Equipment Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Guardian Warranty 401(k) Plan in IL (153 participants, N/A 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 381992969.

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.