401(k) · DOL Form 5500 · 2024

Foster, Swift, Collins & Smith, P.C. 401(k) Plan

Data updated 2026-08-11

$83M
Total assets: 202
Participants: 89th
Percentile by assets: $409,625
Avg per participant

Official DOL plan name: Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan · Sponsored by Foster, Swift, Collins & Smith, P.C. · Michigan · Professional & Technical Services

$83M in assets, 202 participants

Foster, Swift, Collins & Smith, P.C.'s Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan reported $83M in total assets and 202 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

89th percentile by assets (of 123,622 plans)
#18,176 in Professional & Technical Services (20,173 peers)

Coverage in Michigan

Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan covers 202 participants in Michigan, about 32% of the average Michigan filer (state average ~638 per filing). Assets: $83M.

$83M
total plan assets (2024 EOY): 202
covered participants: 89th
percentile by assets (of 123,622 plans): $409,625
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan sits by total assets

Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan vs every filed plan by assets

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

$82,744,316 Top 11% higher than 89% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan reported net income fell from $10M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan reported participants rose from 182 in the plan year 2023 filing to 202 in the plan year 2024 filing.
Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan end-of-year assets fell from $85M in the plan year 2023 filing to $83M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Professional & Technical Services

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan reports 202 participants - about 32% of that state average ($83M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$85M
Net Assets (End of Year)	$83M
Net Income	-$2M
Employer EIN	381904703
Plan Effective Date	1970-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Foster, Swift, Collins & Smith, P.C.)

Total plan assets by year, all Foster, Swift, Collins & Smith, P.C. plans on file

Year	Plans	Participants	Total Assets
2022	1	201	$75M
2023	1	182	$85M
2024	1	202	$83M

Nearby 401(k) Plans in Michigan

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

Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497

Compare Foster, Swift, Collins & Smith, P.C. Emp… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan by total assets, not by location.

Socotec, Inc. Profit Sharing Plan (NY) $83M · 458
Cpc Logistics, Inc. Employees 401(k) Retirement Plan (MO) $83M · 3,929
Meridian Industries, Inc. Retirement Plan (WI) $83M · 1,058
Universal Property & Casualty 401(k) Profit Sharing Plan (FL) $83M · 1,191

Frequently Asked Questions

How did Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan assets move in 2024? ▼

Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan edged down modestly - down 2.1% during 2024, from $85M to $83M. Reported net income was -$2M.

How have Foster, Swift, Collins & Smith, P.C. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Foster, Swift, Collins & Smith, P.C.'s sponsor-wide assets grew 11.0%, from $75M to $83M.

Where does Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan ranks in the 89th 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 Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Socotec, Inc. Profit Sharing Plan in NY ($83M, 458 participants).

Next read for Foster, Swift, Collins & Smith, P.C. Emp…

Filing takeaways

Ways to act on Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan's numbers.

By total assets, Foster, Swift, Collins & Smith, P.C. Employee Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Foster, Swift, Collins & Smith, P.C.'s sponsor-wide assets have grown 11.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans

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 381904703.