401(k) · DOL Form 5500 · 2024

Michigan Pallet, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
184
Participants Below avg headcount
46th
Percentile by assets National rank
$33,851
Avg per participant Low balance/head
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Official DOL plan name: Michigan Pallet, Inc. 401(k) Plan · Sponsored by Michigan Pallet, Inc. · Michigan · Manufacturing

$6M in assets, 184 participants

Michigan Pallet, Inc.'s Michigan Pallet, Inc. 401(k) Plan reported $6M in total assets and 184 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #5,252 in Manufacturing (17,777 peers)

Coverage in Michigan

Michigan Pallet, Inc. 401(k) Plan covers 184 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#5,252
in Manufacturing (17,777 peers)
+2.8%
assets growth YoY

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

Michigan Pallet, Inc. 401(k) Plan vs every filed plan by assets

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

$6,228,604 46th percentile higher than 46% 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

Michigan Pallet, 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. Michigan Pallet, Inc. 401(k) Plan sits mid-pack in the medium band (184 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michigan Pallet, Inc. 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $168K in the plan year 2024 filing.
  • Michigan Pallet, Inc. 401(k) Plan reported participants fell from 193 in the plan year 2023 filing to 184 in the plan year 2024 filing.
  • Michigan Pallet, Inc. 401(k) Plan end-of-year assets rose 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 382904761 · Michigan Pallet, Inc. PY 2024 · 401(k)

Michigan Pallet, Inc. 401(k) Plan · $6M · 184 · 46th

  • 5500 $6M
  • 5500 184
  • 5500 46th
  • 5500 401(k)
  • 5500 near Westerlay Orchids, L.P. 401(k) Plan
  • 5500 ind #5252

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 →

Michigan Pallet, Inc. 401(k) Plan in the asset neighbourhood

Michigan Pallet, Inc. 401(k) PlanMichigan Pallet, Inc. 401(k)…$6MWesterlay Orchids, L.P. 401(k) PlanWesterlay Orchids, L.P. 401(…$6MTulsa Zoo Management, Inc. 401(k) PlanTulsa Zoo Management, Inc. 4…$6MWimmer Brothers Savings & Retirement PlanWimmer Brothers Savings & Re…$6MMnet Financial, LLC, Profit Sharing PlanMnet Financial, LLC, Profit …$6M
End-of-year total assets ($M) among Michigan Pallet, 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$168K
Employer EIN382904761
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Pallet, Inc.)

Sponsor-wide plan assets over time

All Michigan Pallet, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 29.380210901697605% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M$6.5M 202220232024 $4.81M $6.23M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 177 $5M
2023 1 193 $6M
2024 1 184 $6M

Nearby 401(k) Plans in Michigan

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

Michigan Pallet, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Michigan Pallet, Inc. 401(k) Plan, Total assets ($B): 0.006228604 · Participants: 184Michigan Pallet, 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
Michigan Pallet, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Michigan Pallet, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Westerlay Orchids, L.P. 401(k) Plan in CA ($6M); by covered participants it is Tusimple 401(k) Plan in CA (184 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (184 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 Michigan Pallet, Inc. 401(k) Plan assets move in 2024? ▼
Michigan Pallet, Inc. 401(k) Plan edged up modestly - up 2.8% during 2024, from $6M to $6M. Reported net income was $168K.
How have Michigan Pallet, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michigan Pallet, Inc.'s sponsor-wide assets grew 29.4%, from $5M to $6M.
Which 401(k) plans are similar in size to Michigan Pallet, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Westerlay Orchids, L.P. 401(k) Plan in CA ($6M, 89 participants).
Which 401(k) plans cover a similar participant headcount to Michigan Pallet, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tusimple 401(k) Plan in CA (184 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 382904761.

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.