401(k) · DOL Form 5500 · 2024
The Kresge Foundation 401(k) Plan
Data updated 2026-08-11
- $63M
- Total assets
- 120
- Participants
- 87th
- Percentile by assets
- $525,800
- Avg per participant
Official DOL plan name: The Kresge Foundation Employee Savings Plan · Sponsored by The Kresge Foundation · Michigan · Other Services
$63M in assets, 120 participants
The Kresge Foundation's The Kresge Foundation Employee Savings Plan reported $63M in total assets and 120 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 123,622 plans)
- #7,280 in Other Services (7,719 peers)
Coverage in Michigan
The Kresge Foundation Employee Savings Plan covers 120 participants in Michigan, about 19% of the average Michigan filer (state average ~638 per filing). Assets: $63M.
- $63M
- total plan assets (2024 EOY)
- 120
- covered participants
- 87th
- percentile by assets (of 123,622 plans)
- $525,800
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Kresge Foundation Employee Savings Plan end-of-year assets rose from $53M in the plan year 2023 filing to $63M in the plan year 2024 filing.
- The Kresge Foundation Employee Savings Plan reported net income fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.
- The Kresge Foundation Employee Savings Plan reported participants rose from 113 in the plan year 2023 filing to 120 in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. The Kresge Foundation Employee Savings Plan reports 120 participants - about 19% of that state average ($63M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $53M |
|---|---|
| Net Assets (End of Year) | $63M |
| Net Income | $11M |
| Employer EIN | 381359217 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Kresge Foundation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 113 | $40M |
| 2023 | 1 | 113 | $53M |
| 2024 | 1 | 120 | $63M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Kresge Foundation Employee Savings 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Kresge Foundation Employee Savings Plan by total assets, not by location.
Frequently Asked Questions
How did The Kresge Foundation Employee Savings Plan assets move in 2024? ▼
How have The Kresge Foundation plan assets changed over time? ▼
Where does The Kresge Foundation Employee Savings Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on The Kresge Foundation Employee Savings Plan's numbers.
- By total assets, The Kresge Foundation Employee Savings 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
- The Kresge Foundation's sponsor-wide assets have grown 55.8% since 2022 across 3 plan years on file. More Other Services plans