401(k) · DOL Form 5500 · 2024

Shannon Precision Fastener, LLC 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
280
Participants Below avg headcount
83rd
Percentile by assets National rank
$162,769
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Esp, Mrp, Spf Retirement Plan · Sponsored by Shannon Precision Fastener, LLC · Michigan · Manufacturing

$46M in assets, 280 participants

Shannon Precision Fastener, LLC's Esp, Mrp, Spf Retirement Plan reported $46M in total assets and 280 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #13,523 in Manufacturing (17,777 peers)

Coverage in Michigan

Esp, Mrp, Spf Retirement Plan covers 280 participants in Michigan, about 44% of the average Michigan filer (state average ~638 per filing). Assets: $46M.

#13,523
in Manufacturing (17,777 peers)
+150.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Esp, Mrp, Spf Retirement Plan's outsized position by total assets

Esp, Mrp, Spf Retirement Plan vs every filed plan by assets

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

$45,575,250 Top 17% higher than 83% 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

Esp, Mrp, Spf Retirement 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. Esp, Mrp, Spf Retirement Plan sits mid-pack in the medium band (280 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Esp, Mrp, Spf Retirement Plan reported net income rose from $3M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Esp, Mrp, Spf Retirement Plan end-of-year assets rose from $18M in the plan year 2023 filing to $46M in the plan year 2024 filing.
  • Esp, Mrp, Spf Retirement Plan reported participants rose from 253 in the plan year 2023 filing to 280 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 421630807 · Shannon Precision Fastener, LLC PY 2024 · 401(k)

Esp, Mrp, Spf Retirement Plan · $46M · 280 · 83rd

  • TYPE $46M
  • TYPE 280
  • TYPE 83rd
  • TYPE 401(k)
  • TYPE near Hawaii Stevedores 401(k) Plan for Collectively Bargained Employees
  • TYPE ind #13523

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 →

Esp, Mrp, Spf Retirement Plan in the asset neighbourhood

Asi 401(k) Profit Sharing PlanAsi 401(k) Profit Sharing Pl…$46MFresh Direct 401(k) Plan$46MEsp, Mrp, Spf Retirement Plan$46MHawaii Stevedores 401(k) Plan for Collectively Bargained EmployeesHawaii Stevedores 401(k) Pla…$46MAlita Care & Affiliates 401(k) PlanAlita Care & Affiliates 401(…$46M
End-of-year total assets ($M) among Esp, Mrp, Spf Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$46M
Net Income$9M
Employer EIN421630807
Plan Effective Date2005-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shannon Precision Fastener, LLC)

Sponsor-wide plan assets over time

All Shannon Precision Fastener, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$46M 208.68031372720074% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $14.8M $45.6M ▲ +208.8%
Year Plans Participants Total Assets
2022 1 237 $15M
2023 1 253 $18M
2024 1 280 $46M

Nearby 401(k) Plans in Michigan

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

Esp, Mrp, Spf Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Esp, Mrp, Spf Retirement Plan, Total assets ($B): 0.04557525 · Participants: 280Esp, Mrp, Spf Retirement 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
Esp, Mrp, Spf Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Esp, Mrp, Spf Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Hawaii Stevedores 401(k) Plan for Collectively Bargained Employees in CA ($46M); by covered participants it is T.W. Ponessa & Associates Counseling Services, Inc. 401(k) Plan in PA (280 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($46M here).

Similar participant headcount

Nearest other-state filings by covered participants (280 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 Esp, Mrp, Spf Retirement Plan assets move in 2024?
Esp, Mrp, Spf Retirement Plan surged - up 150.4% during 2024, from $18M to $46M. Reported net income was $9M.
How have Shannon Precision Fastener, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Shannon Precision Fastener, LLC's sponsor-wide assets grew 208.7%, from $15M to $46M.
Where does Esp, Mrp, Spf Retirement Plan rank by assets among Form 5500 filers?
Esp, Mrp, Spf Retirement Plan ranks in the 83rd 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 Esp, Mrp, Spf Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Hawaii Stevedores 401(k) Plan for Collectively Bargained Employees in CA ($46M, 466 participants).
Which 401(k) plans cover a similar participant headcount to Esp, Mrp, Spf Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is T.W. Ponessa & Associates Counseling Services, Inc. 401(k) Plan in PA (280 participants, $3M in assets).