401(k) · DOL Form 5500 · 2024

Sietsema Farms Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
201
Participants Below avg headcount
63rd
Percentile by assets National rank
$70,665
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sietsema Farms 401(k) Plan · Sponsored by Sietsema Farms Inc. · Michigan · Agriculture, Forestry & Fishing

$14M in assets, 201 participants

Sietsema Farms Inc.'s Sietsema Farms 401(k) Plan reported $14M in total assets and 201 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #844 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in Michigan

Sietsema Farms 401(k) Plan covers 201 participants in Michigan, about 32% of the average Michigan filer (state average ~638 per filing). Assets: $14M.

#844
in Agriculture, Forestry & Fishing (1,217 peers)
+8.5%
assets growth YoY

Sietsema Farms 401(k) Plan's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers

Sietsema Farms 401(k) Plan vs every filed plan by assets

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

$14,203,742 Top 37% higher than 63% 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

Sietsema Farms 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. Sietsema Farms 401(k) Plan sits mid-pack in the medium band (201 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sietsema Farms 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sietsema Farms 401(k) Plan end-of-year assets rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Sietsema Farms 401(k) Plan reported participants fell from 205 in the plan year 2023 filing to 201 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 383001620 · Sietsema Farms Inc. PY 2024 · 401(k)

Sietsema Farms 401(k) Plan · $14M · 201 · 63rd

  • IND $14M
  • IND 201
  • IND 63rd
  • IND 401(k)
  • IND near Fred Smith Plumbing & Heating Co. Inc. 401(k) Profit Sharing Plan
  • IND ind #844

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Michigan →

Sietsema Farms 401(k) Plan in the asset neighbourhood

Selking International 401(k) PlanSelking International 401(k)…$14MSietsema Farms 401(k) Plan$14MFred Smith Plumbing & Heating Co. Inc. 401(k) Profit Sharing PlanFred Smith Plumbing & Heatin…$14MMetcor, Ltd Profit Sharing PlanMetcor, Ltd Profit Sharing P…$14MAnvil Builders, Inc. 401(k) Profit Sharing PlanAnvil Builders, Inc. 401(k) …$14M
End-of-year total assets ($M) among Sietsema Farms 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN383001620
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sietsema Farms Inc.)

Sponsor-wide plan assets over time

All Sietsema Farms Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 34.90899081606795% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $10.5M $14.2M ▲ +34.9%
Year Plans Participants Total Assets
2022 1 203 $11M
2023 1 205 $13M
2024 1 201 $14M

Nearby 401(k) Plans in Michigan

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

Sietsema Farms 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Sietsema Farms 401(k) Plan, Total assets ($B): 0.014203742 · Participants: 201Sietsema Farms 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
Sietsema Farms 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Sietsema Farms 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Fred Smith Plumbing & Heating Co. Inc. 401(k) Profit Sharing Plan in NY ($14M); by covered participants it is Osi Digital, Inc. 401(k) Plan in CA (201 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (201 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 Sietsema Farms 401(k) Plan assets move in 2024?
Sietsema Farms 401(k) Plan grew at a solid clip - up 8.5% during 2024, from $13M to $14M. Reported net income was $2M.
How have Sietsema Farms Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sietsema Farms Inc.'s sponsor-wide assets grew 34.9%, from $11M to $14M.
Which 401(k) plans are similar in size to Sietsema Farms 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Fred Smith Plumbing & Heating Co. Inc. 401(k) Profit Sharing Plan in NY ($14M, 242 participants).
Which 401(k) plans cover a similar participant headcount to Sietsema Farms 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Osi Digital, Inc. 401(k) Plan in CA (201 participants, $21M in assets).