401(k) · DOL Form 5500 · 2024

Bergstrom Operating Company, Inc 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
197
Participants Below avg headcount
45th
Percentile by assets National rank
$30,739
Avg per participant Low balance/head
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Official DOL plan name: Thornton & Grooms Retirement Plan · Sponsored by Bergstrom Operating Company, Inc · Michigan · Construction

$6M in assets, 197 participants

Bergstrom Operating Company, Inc's Thornton & Grooms Retirement Plan reported $6M in total assets and 197 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.

  • #3,986 in Construction (9,039 peers)

Coverage in Michigan

Thornton & Grooms Retirement Plan covers 197 participants in Michigan, about 31% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#3,986
in Construction (9,039 peers)
+21.2%
assets growth YoY

Thornton & Grooms Retirement Plan's mid-pack asset rank among Construction and all filers

Thornton & Grooms Retirement Plan vs every filed plan by assets

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

$6,055,522 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

Thornton & Grooms Retirement 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. Thornton & Grooms Retirement Plan sits mid-pack in the medium band (197 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thornton & Grooms Retirement Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Thornton & Grooms Retirement Plan reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Thornton & Grooms Retirement Plan reported participants rose from 166 in the plan year 2023 filing to 197 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 061730468 · Bergstrom Operating Company, Inc PY 2024 · 401(k)

Thornton & Grooms Retirement Plan · $6M · 197 · 45th

  • 5500 $6M
  • 5500 197
  • 5500 45th
  • 5500 401(k)
  • 5500 near Advantage Wound Care 401(k) Plan
  • 5500 ind #3986

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 →

Thornton & Grooms Retirement Plan in the asset neighbourhood

Thornton & Grooms Retirement PlanThornton & Grooms Retirement…$6MAdvantage Wound Care 401(k) PlanAdvantage Wound Care 401(k) …$6MMsi-Viking Gage 401(k) Plan$6MAdam's Garden of Eden 401(k) PlanAdam's Garden of Eden 401(k)…$6MOmnium Realty Services (Texas), Inc. 401(k) PlanOmnium Realty Services (Texa…$6M
End-of-year total assets ($M) among Thornton & Grooms Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN061730468
Plan Effective Date2005-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Bergstrom Operating Company, Inc)

Sponsor-wide plan assets over time

All Bergstrom Operating Company, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$6M 64.31548893414977% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.69M $6.06M ▲ +64.2%
Year Plans Participants Total Assets
2022 1 135 $4M
2023 1 166 $5M
2024 1 197 $6M

Nearby 401(k) Plans in Michigan

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

Thornton & Grooms Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Thornton & Grooms Retirement Plan, Total assets ($B): 0.006055522 · Participants: 197Thornton & Grooms Retirement 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
Thornton & Grooms Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Thornton & Grooms Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Advantage Wound Care 401(k) Plan in CA ($6M); by covered participants it is Applied Mechanical Systems, Inc. 401(k) Profit Sharing Plan in OH (197 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (197 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 Thornton & Grooms Retirement Plan assets move in 2024?
Thornton & Grooms Retirement Plan grew sharply - up 21.2% during 2024, from $5M to $6M. Reported net income was $1M.
How have Bergstrom Operating Company, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Bergstrom Operating Company, Inc's sponsor-wide assets grew 64.3%, from $4M to $6M.
Which 401(k) plans are similar in size to Thornton & Grooms Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Advantage Wound Care 401(k) Plan in CA ($6M, 150 participants).
Which 401(k) plans cover a similar participant headcount to Thornton & Grooms Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Applied Mechanical Systems, Inc. 401(k) Profit Sharing Plan in OH (197 participants, $17M in assets).