401(k) · DOL Form 5500 · 2024

Michelman, Inc. 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
238
Participants Below avg headcount
84th
Percentile by assets National rank
$210,078
Avg per participant Above avg balance/head
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Official DOL plan name: Michelman, Inc. Retirement and Savings Plan · Sponsored by Michelman, Inc. · Ohio · Manufacturing

$50M in assets, 238 participants

Michelman, Inc.'s Michelman, Inc. Retirement and Savings Plan reported $50M in total assets and 238 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #13,764 in Manufacturing (17,777 peers)

Coverage in Ohio

Michelman, Inc. Retirement and Savings Plan covers 238 participants in Ohio, about 31% of the average Ohio filer (state average ~765 per filing). Assets: $50M.

#13,764
in Manufacturing (17,777 peers)
-0.4%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $210K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Michelman, Inc. Retirement and Savings Plan's outsized position by total assets

Michelman, Inc. Retirement and Savings Plan vs every filed plan by assets

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

$49,998,527 Top 16% higher than 84% 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

Michelman, Inc. Retirement and Savings 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. Michelman, Inc. Retirement and Savings Plan sits mid-pack in the medium band (238 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michelman, Inc. Retirement and Savings Plan reported net income fell from $8M in the plan year 2023 filing to -$210K in the plan year 2024 filing.
  • Michelman, Inc. Retirement and Savings Plan reported participants fell from 250 in the plan year 2023 filing to 238 in the plan year 2024 filing.
  • Michelman, Inc. Retirement and Savings Plan end-of-year assets fell from $50M in the plan year 2023 filing to $50M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 310527168 · Michelman, Inc. PY 2024 · 401(k)

Michelman, Inc. Retirement and Savings Plan · $50M · 238 · 84th

  • BOY $50M
  • SCH 238
  • EBSA 84th
  • PART 401(k)
  • TYPE near Tocqueville Management Corporation Tax Deferred Savings Plan
  • NET ind #13764

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 Ohio →

Michelman, Inc. Retirement and Savings Plan in the asset neighbourhood

Truckpro, LLC 401(k) Plan$50MNaviga Inc. 401(k) Plan$50MMichelman, Inc. Retirement and Savings PlanMichelman, Inc. Retirement a…$50MTocqueville Management Corporation Tax Deferred Savings PlanTocqueville Management Corpo…$50MHancock Estabrook, LLP Retirement PlanHancock Estabrook, LLP Retir…$50M
End-of-year total assets ($M) among Michelman, Inc. Retirement and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$50M
Net Income-$210K
Employer EIN310527168
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michelman, Inc.)

Sponsor-wide plan assets over time

All Michelman, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$50M 19.849793581413415% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $41.7M $50M ▲ +19.8%
Year Plans Participants Total Assets
2022 1 239 $42M
2023 1 250 $50M
2024 1 238 $50M

Nearby 401(k) Plans in Ohio

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

Michelman, Inc. Retirement and Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Michelman, Inc. Retirement and Savings Plan, Total assets ($B): 0.049998527 · Participants: 238Michelman, Inc. Retirement and Savings PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Michelman, Inc. Retirement and Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Michelman, Inc. Retirement and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Tocqueville Management Corporation Tax Deferred Savings Plan in NY ($50M); by covered participants it is Prevailing Multiple Employer Plan in PA (238 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($50M here).

Similar participant headcount

Nearest other-state filings by covered participants (238 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 Michelman, Inc. Retirement and Savings Plan assets move in 2024?
Michelman, Inc. Retirement and Savings Plan held essentially flat - down 0.4% during 2024, from $50M to $50M. Reported net income was -$210K.
How have Michelman, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Michelman, Inc.'s sponsor-wide assets grew 19.8%, from $42M to $50M.
Where does Michelman, Inc. Retirement and Savings Plan rank by assets among Form 5500 filers?
Michelman, Inc. Retirement and Savings Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Michelman, Inc. Retirement and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Tocqueville Management Corporation Tax Deferred Savings Plan in NY ($50M, 75 participants).
Which 401(k) plans cover a similar participant headcount to Michelman, Inc. Retirement and Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Prevailing Multiple Employer Plan in PA (238 participants, N/A in assets).