401(k) · DOL Form 5500 · 2024

Mike Schaap Builders, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
97
Participants Small participant base
49th
Percentile by assets National rank
$74,998
Avg per participant Below avg balance/head
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Official DOL plan name: Msb/Bws 401(k) Plan · Sponsored by Mike Schaap Builders, Inc. · Michigan · Construction

$7M in assets, 97 participants

Mike Schaap Builders, Inc.'s Msb/Bws 401(k) Plan reported $7M in total assets and 97 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #4,312 in Construction (9,039 peers)

Mike Schaap Builders, Inc. multi-year trail

Mike Schaap Builders, Inc.'s plans moved +16.9% in assets from 2023 to 2024; this filing shows Msb/Bws 401(k) Plan at $7M / 97 participants.

#4,312
in Construction (9,039 peers)
+16.9%
assets growth YoY

Msb/Bws 401(k) Plan's mid-pack asset rank among Construction and all filers

Msb/Bws 401(k) Plan vs every filed plan by assets

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

$7,274,805 49th percentile higher than 49% 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

Msb/Bws 401(k) 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. Msb/Bws 401(k) Plan is a small filing (97 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Msb/Bws 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Msb/Bws 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Msb/Bws 401(k) Plan reported participants fell from 98 in the plan year 2023 filing to 97 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 382853965 · Mike Schaap Builders, Inc. PY 2024 · 401(k)

Msb/Bws 401(k) Plan · $7M · 97 · 49th

  • PHOTO $7M
  • PHOTO 97
  • PHOTO 49th
  • PHOTO 401(k)
  • PHOTO near Mini-Systems, Inc. Retirement Plan
  • PHOTO ind #4312

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 Construction retirement plans → · Plans in Michigan →

Msb/Bws 401(k) Plan in the asset neighbourhood

Townsend and Associates, Inc. 401(k) Profit Sharing PlanTownsend and Associates, Inc…$7MOahu Country Club 401(k) Plan$7MMsb/Bws 401(k) Plan$7MMini-Systems, Inc. Retirement PlanMini-Systems, Inc. Retiremen…$7MJusticeworks Youthcare Inc 401(k) Profit Sharing PlanJusticeworks Youthcare Inc 4…$7M
End-of-year total assets ($M) among Msb/Bws 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mike Schaap Builders, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mike Schaap Builders, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 16.908020571220668% vs 2023
2024 filing year
$6M$6.5M$7M$7.5M 20232024 $6.22M $7.27M ▲ +16.9%
Year Plans Participants Total Assets
2023 1 98 $6M
2024 1 97 $7M

Mike Schaap Builders, Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN382853965
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Msb/Bws 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Msb/Bws 401(k) Plan, Total assets ($B): 0.007274805 · Participants: 97Msb/Bws 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
Msb/Bws 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Msb/Bws 401(k) Plan side-by-side with 3 peers →

Msb/Bws 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Mini-Systems, Inc. Retirement Plan in MA ($7M); by covered participants it is Employee Benefit Plan of Suburban Access, Inc. in IL (97 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (97 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 Msb/Bws 401(k) Plan assets move in 2024? ▼
Msb/Bws 401(k) Plan grew sharply - up 16.9% during 2024, from $6M to $7M. Reported net income was $1M.
How have Mike Schaap Builders, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Mike Schaap Builders, Inc.'s sponsor-wide assets grew 16.9%, from $6M to $7M.
Which 401(k) plans are similar in size to Msb/Bws 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mini-Systems, Inc. Retirement Plan in MA ($7M, 113 participants).
Which 401(k) plans cover a similar participant headcount to Msb/Bws 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Employee Benefit Plan of Suburban Access, Inc. in IL (97 participants, $4M 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 382853965.

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.