401(k) · DOL Form 5500 · 2024

Speed Wrench, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
164
Participants Small participant base
57th
Percentile by assets National rank
$65,169
Avg per participant Low balance/head
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Official DOL plan name: Speed Wrench 401(k) Profit Sharing Plan · Sponsored by Speed Wrench, Inc. · Michigan · Other Services

$11M in assets, 164 participants

Speed Wrench, Inc.'s Speed Wrench 401(k) Profit Sharing Plan reported $11M in total assets and 164 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #5,826 in Other Services (7,719 peers)

Coverage in Michigan

Speed Wrench 401(k) Profit Sharing Plan covers 164 participants in Michigan, about 26% of the average Michigan filer (state average ~638 per filing). Assets: $11M.

#5,826
in Other Services (7,719 peers)
+25.2%
assets growth YoY

Speed Wrench 401(k) Profit Sharing Plan's mid-pack asset rank among Other Services and all filers

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

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

$10,687,658 Top 43% higher than 57% 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

Speed Wrench 401(k) Profit Sharing 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. Speed Wrench 401(k) Profit Sharing Plan sits mid-pack in the medium band (164 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Speed Wrench 401(k) Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Speed Wrench 401(k) Profit Sharing Plan reported participants rose from 152 in the plan year 2023 filing to 164 in the plan year 2024 filing.
  • Speed Wrench 401(k) Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 382834301 · Speed Wrench, Inc. PY 2024 · 401(k)

Speed Wrench 401(k) Profit Sharing Plan · $11M · 164 · 57th

  • EBSA $11M
  • PART 164
  • TYPE 57th
  • NET 401(k)
  • BOOK near Abstrakt Marketing Group LLC 401(k) Profit Sharing Plan and Trust
  • VS-ST ind #5826

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 Other Services retirement plans → · Plans in Michigan →

Speed Wrench 401(k) Profit Sharing Plan in the asset neighbourhood

Speed Wrench 401(k) Profit Sharing PlanSpeed Wrench 401(k) Profit S…$11MAbstrakt Marketing Group LLC 401(k) Profit Sharing Plan and TrustAbstrakt Marketing Group LLC…$11MAgamerica Lending LLC 401(k) PlanAgamerica Lending LLC 401(k)…$11MStanding Rock Community Grant School 401(k)Standing Rock Community Gran…$11MBaker Motor Company of Charleston, Inc. 401(k) Profit Sharing PlanBaker Motor Company of Charl…$11M
End-of-year total assets ($M) among Speed Wrench 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN382834301
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Speed Wrench, Inc.)

Sponsor-wide plan assets over time

All Speed Wrench, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 53.137870302966725% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.6M $26.9M ▲ +53.1%
Year Plans Participants Total Assets
2022 2 281 $18M
2023 2 313 $24M
2024 2 328 $27M

Nearby 401(k) Plans in Michigan

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

Speed Wrench 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Speed Wrench 401(k) Profit Sharing Plan, Total assets ($B): 0.010687658 · Participants: 164Speed Wrench 401(k) Profit Sharing 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
Speed Wrench 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Speed Wrench 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Abstrakt Marketing Group LLC 401(k) Profit Sharing Plan and Trust in MO ($11M); by covered participants it is Meadows Bank 401(k) Retirement Plan in NV (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 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 Speed Wrench 401(k) Profit Sharing Plan assets move in 2024? ▼
Speed Wrench 401(k) Profit Sharing Plan grew sharply - up 25.2% during 2024, from $9M to $11M. Reported net income was $2M.
How have Speed Wrench, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Speed Wrench, Inc.'s sponsor-wide assets grew 53.1%, from $18M to $27M.
Which 401(k) plans are similar in size to Speed Wrench 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Abstrakt Marketing Group LLC 401(k) Profit Sharing Plan and Trust in MO ($11M, 411 participants).
Which 401(k) plans cover a similar participant headcount to Speed Wrench 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Meadows Bank 401(k) Retirement Plan in NV (164 participants, $20M 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 382834301.

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.