401(k) · DOL Form 5500 · 2024

Schwab Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
88
Participants Small participant base
45th
Percentile by assets National rank
$66,711
Avg per participant Below avg balance/head
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Official DOL plan name: Schwab Industries, Inc. 401(k) Profit Sharing Plan · Sponsored by Schwab Industries, Inc. · Michigan · Manufacturing

$6M in assets, 88 participants

Schwab Industries, Inc.'s Schwab Industries, Inc. 401(k) Profit Sharing Plan reported $6M in total assets and 88 participants in its 2024 DOL Form 5500 filing, ranking in the 45th 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.

  • #5,032 in Manufacturing (17,777 peers)

Schwab Industries, Inc. multi-year trail

Schwab Industries, Inc.'s plans moved +28.7% in assets from 2022 to 2024; this filing shows Schwab Industries, Inc. 401(k) Profit Sharing Plan at $6M / 88 participants.

#5,032
in Manufacturing (17,777 peers)
+9.6%
assets growth YoY

Schwab Industries, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Schwab Industries, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$5,870,587 45th percentile higher than 45% 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

Schwab Industries, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schwab Industries, Inc. 401(k) Profit Sharing Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schwab Industries, Inc. 401(k) Profit Sharing Plan reported net income fell from $796K in the plan year 2023 filing to $512K in the plan year 2024 filing.
  • Schwab Industries, Inc. 401(k) Profit Sharing Plan reported participants fell from 104 in the plan year 2023 filing to 88 in the plan year 2024 filing.
  • Schwab Industries, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 382556594 · Schwab Industries, Inc. PY 2024 · 401(k)

Schwab Industries, Inc. 401(k) Profit Sharing Plan · $6M · 88 · 45th

  • TYPE $6M
  • TYPE 88
  • TYPE 45th
  • TYPE 401(k)
  • TYPE near Brainscope Company, Inc. 401(k) Retirement Plan
  • TYPE ind #5032

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 →

Schwab Industries, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Schwab Industries, Inc. 401(k) Profit Sharing PlanSchwab Industries, Inc. 401(…$6MBrainscope Company, Inc. 401(k) Retirement PlanBrainscope Company, Inc. 401…$6MFrawner Corporation 401(k) PlanFrawner Corporation 401(k) P…$6MTgs Holdings, LLC 401(k) Plan$6MW. D. Distributing, Inc. 401(k) Profit Sharing PlanW. D. Distributing, Inc. 401…$6M
End-of-year total assets ($M) among Schwab Industries, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Schwab Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Schwab Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 28.656892788680377% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M$6.5M 202220232024 $4.56M $5.87M ▲ +28.7%
Year Plans Participants Total Assets
2022 1 89 $5M
2023 1 104 $5M
2024 1 88 $6M

Schwab Industries, Inc. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$512K
Employer EIN382556594
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Schwab Industries, Inc. 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 ($B) Participants Schwab Industries, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.005870587 · Participants: 88Schwab Industries, Inc. 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
Schwab Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Schwab Industries, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Schwab Industries, Inc. 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 Brainscope Company, Inc. 401(k) Retirement Plan in MD ($6M); by covered participants it is Gana-A'yoo Limited 401(k) Retirement Plan in AK (88 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (88 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 Schwab Industries, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Schwab Industries, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 9.6% during 2024, from $5M to $6M. Reported net income was $512K.
How have Schwab Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schwab Industries, Inc.'s sponsor-wide assets grew 28.7%, from $5M to $6M.
Which 401(k) plans are similar in size to Schwab Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brainscope Company, Inc. 401(k) Retirement Plan in MD ($6M, 29 participants).
Which 401(k) plans cover a similar participant headcount to Schwab Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gana-A'yoo Limited 401(k) Retirement Plan in AK (88 participants, $2M 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 382556594.

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.