401(k) · DOL Form 5500 · 2024

Fastco Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
105
Participants Small participant base
44th
Percentile by assets National rank
$53,622
Avg per participant Low balance/head
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Official DOL plan name: Fastco Industries, Inc. 401(k) Plan · Sponsored by Fastco Industries, Inc. · Michigan · Manufacturing

$6M in assets, 105 participants

Fastco Industries, Inc.'s Fastco Industries, Inc. 401(k) Plan reported $6M in total assets and 105 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #4,879 in Manufacturing (17,777 peers)

Coverage in Michigan

Fastco Industries, Inc. 401(k) Plan covers 105 participants in Michigan, about 16% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#4,879
in Manufacturing (17,777 peers)
-4.6%
assets change YoY

The plan reported a net loss of $271K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Fastco Industries, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Fastco Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$5,630,307 44th percentile higher than 44% 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

Fastco Industries, Inc. 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. Fastco Industries, Inc. 401(k) Plan sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fastco Industries, Inc. 401(k) Plan reported net income fell from -$145K in the plan year 2023 filing to -$271K in the plan year 2024 filing.
  • Fastco Industries, Inc. 401(k) Plan reported participants fell from 114 in the plan year 2023 filing to 105 in the plan year 2024 filing.
  • Fastco Industries, Inc. 401(k) Plan end-of-year assets fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 382253225 · Fastco Industries, Inc. PY 2024 · 401(k)

Fastco Industries, Inc. 401(k) Plan · $6M · 105 · 44th

  • 5500 $6M
  • 5500 105
  • 5500 44th
  • 5500 401(k)
  • 5500 near Elkhart Hourly Employees Retirement Savings Plan
  • 5500 ind #4879

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 →

Fastco Industries, Inc. 401(k) Plan in the asset neighbourhood

Fastco Industries, Inc. 401(k) PlanFastco Industries, Inc. 401(…$6MElkhart Hourly Employees Retirement Savings PlanElkhart Hourly Employees Ret…$6MSeymour Duncan 401(k) Profit Sharing PlanSeymour Duncan 401(k) Profit…$6MBalda C Brewer 401(k) Plan$6MMn Head & Neck Pain Clinic 401(k) Savings PlanMn Head & Neck Pain Clinic 4…$6M
End-of-year total assets ($M) among Fastco Industries, Inc. 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)$6M
Net Income-$271K
Employer EIN382253225
Plan Effective Date1978-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fastco Industries, Inc.)

Sponsor-wide plan assets over time

All Fastco Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 6.879662998840608% vs 2022
2024 filing year
$5.4M$5.6M$5.8M$6M$6.2M 202220232024 $6.05M $5.63M ▼ -6.9%
Year Plans Participants Total Assets
2022 1 114 $6M
2023 1 114 $6M
2024 1 105 $6M

Nearby 401(k) Plans in Michigan

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

Fastco Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Fastco Industries, Inc. 401(k) Plan, Total assets ($B): 0.005630307 · Participants: 105Fastco Industries, Inc. 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
Fastco Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Fastco Industries, Inc. 401(k) Plan side-by-side with 3 peers →

Fastco Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Elkhart Hourly Employees Retirement Savings Plan in MO ($6M); by covered participants it is Medwest Associates, Inc. Profit Sharing Plan in IL (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Fastco Industries, Inc. 401(k) Plan assets move in 2024? ▼
Fastco Industries, Inc. 401(k) Plan edged down modestly - down 4.6% during 2024, from $6M to $6M. Reported net income was -$271K.
How have Fastco Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fastco Industries, Inc.'s sponsor-wide assets declined 6.9%, from $6M to $6M.
Which 401(k) plans are similar in size to Fastco Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Elkhart Hourly Employees Retirement Savings Plan in MO ($6M, 108 participants).
Which 401(k) plans cover a similar participant headcount to Fastco Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Medwest Associates, Inc. Profit Sharing Plan in IL (105 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 382253225.

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.