401(k) · DOL Form 5500 · 2023

Parker Motor Freight 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
136
Participants Small participant base
46th
Percentile by assets National rank
$40,479
Avg per participant Low balance/head
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Official DOL plan name: Als Profit Sharing 401(k) Plan · Sponsored by Parker Motor Freight · Michigan · Transportation & Warehousing

$6M in assets, 136 participants

Parker Motor Freight's Als Profit Sharing 401(k) Plan reported $6M in total assets and 136 participants in its 2023 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.

  • #1,563 in Transportation & Warehousing (3,362 peers)

Coverage in Michigan

Als Profit Sharing 401(k) Plan covers 136 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#1,563
in Transportation & Warehousing (3,362 peers)
+47.7%
assets growth YoY

Als Profit Sharing 401(k) Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Als Profit Sharing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,505,129 46th percentile higher than 46% of 127,068 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 2023

Als Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Als Profit Sharing 401(k) Plan sits mid-pack in the medium band (136 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Als Profit Sharing 401(k) Plan reported net income rose from $205K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Als Profit Sharing 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Als Profit Sharing 401(k) Plan reported participants rose from 103 in the plan year 2022 filing to 136 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381280018 · Parker Motor Freight PY 2023 · 401(k)

Als Profit Sharing 401(k) Plan · $6M · 136 · 46th

  • TYPE $6M
  • NET 136
  • BOOK 46th
  • VS-ST 401(k)
  • BOY near Children's Center of Monmouth County, Inc. 401(k) Plan
  • SCH ind #1563

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Als Profit Sharing 401(k) Plan in the asset neighbourhood

Als Profit Sharing 401(k) PlanAls Profit Sharing 401(k) Pl…$6MChildren's Center of Monmouth County, Inc. 401(k) PlanChildren's Center of Monmout…$6MFyi - for Your Information, Inc. 401(k) PlanFyi - for Your Information, …$6MGrant Shenon, Aplc 401(k) Profit Sharing PlanGrant Shenon, Aplc 401(k) Pr…$6MBarker, Castro & Steinback LLC 401(k) Plan and TrustBarker, Castro & Steinback L…$6M
End-of-year total assets ($M) among Als Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN381280018
Plan Effective Date1953-11-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Parker Motor Freight)

Sponsor-wide plan assets over time

All Parker Motor Freight plans reported in each filing year

Latest sponsor-wide plan assets
$7M 74.98307822114076% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.73M $6.52M ▲ +74.8%
Year Plans Participants Total Assets
2022 1 103 $4M
2023 1 136 $6M
2024 1 172 $7M

Nearby 401(k) Plans in Michigan

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

Als Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Als Profit Sharing 401(k) Plan, Total assets ($B): 0.005505129 · Participants: 136Als Profit Sharing 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Als Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Als Profit Sharing 401(k) Plan side-by-side with 3 peers →

Als Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Children's Center of Monmouth County, Inc. 401(k) Plan in NJ ($6M); by covered participants it is Testout Corporation Safe Harbor 401(k) Plan in UT (136 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (136 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Als Profit Sharing 401(k) Plan assets move in 2023? ▼
Als Profit Sharing 401(k) Plan surged - up 47.7% during 2023, from $4M to $6M. Reported net income was $2M.
How have Parker Motor Freight plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Parker Motor Freight's sponsor-wide assets grew 75.0%, from $4M to $7M.
Which 401(k) plans are similar in size to Als Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Children's Center of Monmouth County, Inc. 401(k) Plan in NJ ($6M, 225 participants).
Which 401(k) plans cover a similar participant headcount to Als Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Testout Corporation Safe Harbor 401(k) Plan in UT (136 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381280018.

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.