401(k) · DOL Form 5500 · 2024

Inductoheat, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
112
Participants Small participant base
81st
Percentile by assets National rank
$351,897
Avg per participant High balance/head
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Official DOL plan name: Inductoheat, Inc. Retirement Savings Plan · Sponsored by Inductoheat, Inc. · Michigan · Manufacturing

$39M in assets, 112 participants

Inductoheat, Inc.'s Inductoheat, Inc. Retirement Savings Plan reported $39M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,105 in Manufacturing (17,777 peers)

Coverage in Michigan

Inductoheat, Inc. Retirement Savings Plan covers 112 participants in Michigan, about 18% of the average Michigan filer (state average ~638 per filing). Assets: $39M.

#13,105
in Manufacturing (17,777 peers)
+5.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Inductoheat, Inc. Retirement Savings Plan's outsized position by total assets

Inductoheat, Inc. Retirement Savings Plan vs every filed plan by assets

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

$39,412,454 Top 19% higher than 81% 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

Inductoheat, Inc. Retirement Savings 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. Inductoheat, Inc. Retirement Savings Plan sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Inductoheat, Inc. Retirement Savings Plan reported net income rose from $203K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Inductoheat, Inc. Retirement Savings Plan end-of-year assets rose from $38M in the plan year 2023 filing to $39M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 381694184 · Inductoheat, Inc. PY 2024 · 401(k)

Inductoheat, Inc. Retirement Savings Plan · $39M · 112 · 81st

  • EOY $39M
  • 5500 112
  • ASSETS 81st
  • PCT 401(k)
  • EIN near Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust
  • RANK ind #13105

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 →

Inductoheat, Inc. Retirement Savings Plan in the asset neighbourhood

Scott's Recreation Employee Stock Ownership PlanScott's Recreation Employee …$39MInductoheat, Inc. Retirement Savings PlanInductoheat, Inc. Retirement…$39MPhe, Inc. Employees 401(k) and Profit Sharing Plan and TrustPhe, Inc. Employees 401(k) a…$39MAdvancion Corporation 401(k) and Profit Sharing PlanAdvancion Corporation 401(k)…$39MPro2serve 401(k) Plan$39M
End-of-year total assets ($M) among Inductoheat, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$39M
Net Income$2M
Employer EIN381694184
Plan Effective Date2008-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inductoheat, Inc.)

Sponsor-wide plan assets over time

All Inductoheat, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 5.5970196541032795% vs 2022
2024 filing year
$37M$38M$39M$40M 202220232024 $37.3M $39.4M ▲ +5.6%
Year Plans Participants Total Assets
2022 1 112 $37M
2023 1 113 $38M
2024 1 112 $39M

Nearby 401(k) Plans in Michigan

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

Inductoheat, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Inductoheat, Inc. Retirement Savings Plan, Total assets ($B): 0.039412454 · Participants: 112Inductoheat, Inc. Retirement Savings 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
Inductoheat, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Inductoheat, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust in NC ($39M); by covered participants it is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 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 Inductoheat, Inc. Retirement Savings Plan assets move in 2024?
Inductoheat, Inc. Retirement Savings Plan grew at a solid clip - up 5.0% during 2024, from $38M to $39M. Reported net income was $2M.
How have Inductoheat, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Inductoheat, Inc.'s sponsor-wide assets grew 5.6%, from $37M to $39M.
Where does Inductoheat, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Inductoheat, Inc. Retirement Savings Plan ranks in the 81st 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 Inductoheat, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust in NC ($39M, 256 participants).
Which 401(k) plans cover a similar participant headcount to Inductoheat, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants, N/A in assets).