401(k) · DOL Form 5500 · 2024

Hirotec America, Inc. 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
545
Participants Below avg headcount
87th
Percentile by assets National rank
$124,547
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hirotec America, Inc. 401(k) Plan · Sponsored by Hirotec America, Inc. · Michigan · Professional & Technical Services

$68M in assets, 545 participants

Hirotec America, Inc.'s Hirotec America, Inc. 401(k) Plan reported $68M in total assets and 545 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.

  • #17,813 in Professional & Technical Services (20,173 peers)

Where Hirotec America, Inc. 401(k) Plan sits by assets

Hirotec America, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $68M for 545 participants (~$124,547/participant), up 14.3% in 2024.

#17,813
in Professional & Technical Services (20,173 peers)
+14.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Hirotec America, Inc. 401(k) Plan's outsized position by total assets

Hirotec America, Inc. 401(k) Plan vs every filed plan by assets

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

$67,878,029 Top 13% higher than 87% 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

Hirotec America, 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. Hirotec America, Inc. 401(k) Plan sits mid-pack in the medium band (545 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hirotec America, Inc. 401(k) Plan reported net income fell from $11M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Hirotec America, Inc. 401(k) Plan reported participants rose from 462 in the plan year 2023 filing to 545 in the plan year 2024 filing.
  • Hirotec America, Inc. 401(k) Plan end-of-year assets rose from $59M in the plan year 2023 filing to $68M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 382792919 · Hirotec America, Inc. PY 2024 · 401(k)

Hirotec America, Inc. 401(k) Plan · $68M · 545 · 87th

  • EOY $68M
  • EOY 545
  • EOY 87th
  • EOY 401(k)
  • EOY near Bank First Retirement Plan
  • EOY ind #17813

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Hirotec America, Inc. 401(k) Plan in the asset neighbourhood

Bfpe International, Inc. 401(k) PlanBfpe International, Inc. 401…$68MHirotec America, Inc. 401(k) PlanHirotec America, Inc. 401(k)…$68MBank First Retirement Plan$68MHospice of the Bluegrass 401(k) Retirement Savings PlanHospice of the Bluegrass 401…$68MMathis Brothers 401(k) Plan$68M
End-of-year total assets ($M) among Hirotec America, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$68M
Net Income$8M
Employer EIN382792919
Plan Effective Date1992-06-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Hirotec America, Inc.)

Sponsor-wide plan assets over time

All Hirotec America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$68M 38.97901755156536% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $48.8M $67.9M ▲ +39.0%
Year Plans Participants Total Assets
2022 1 397 $49M
2023 1 462 $59M
2024 1 545 $68M

Nearby 401(k) Plans in Michigan

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

Hirotec America, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Hirotec America, Inc. 401(k) Plan, Total assets ($B): 0.067878029 · Participants: 545Hirotec America, 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
Hirotec America, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Hirotec America, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Bank First Retirement Plan in WI ($68M); by covered participants it is Coalition 401(k) Plan in CA (545 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Similar participant headcount

Nearest other-state filings by covered participants (545 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 Hirotec America, Inc. 401(k) Plan assets move in 2024? ▼
Hirotec America, Inc. 401(k) Plan grew at a solid clip - up 14.3% during 2024, from $59M to $68M. Reported net income was $8M.
How have Hirotec America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hirotec America, Inc.'s sponsor-wide assets grew 39.0%, from $49M to $68M.
Where does Hirotec America, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Hirotec America, Inc. 401(k) Plan ranks in the 87th 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 Hirotec America, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bank First Retirement Plan in WI ($68M, 391 participants).
Which 401(k) plans cover a similar participant headcount to Hirotec America, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Coalition 401(k) Plan in CA (545 participants, $39M 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 382792919.

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.