401(k) · DOL Form 5500 · 2024

Bowers and Associates Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
5
Participants Small participant base
27th
Percentile by assets National rank
$301,770
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bowers and Associates 401(k)/Profit Sharing Plan · Sponsored by Bowers and Associates Inc. · Michigan · Professional & Technical Services

$2M in assets, 5 participants

Bowers and Associates Inc.'s Bowers and Associates 401(k)/Profit Sharing Plan reported $2M in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #4,445 in Professional & Technical Services (20,173 peers)

Bowers and Associates Inc. multi-year trail

Bowers and Associates Inc.'s plans moved +14.0% in assets from 2022 to 2024; this filing shows Bowers and Associates 401(k)/Profit Sharing Plan at $2M / 5 participants.

#4,445
in Professional & Technical Services (20,173 peers)
-5.9%
assets change YoY

Bowers and Associates 401(k)/Profit Sharing Plan among the smaller filed plans by assets

Bowers and Associates 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$1,508,852 27th percentile higher than 27% 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

Bowers and Associates 401(k)/Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bowers and Associates 401(k)/Profit Sharing Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bowers and Associates 401(k)/Profit Sharing Plan reported net income fell from $280K in the plan year 2023 filing to $232K in the plan year 2024 filing.
  • Bowers and Associates 401(k)/Profit Sharing Plan reported participants fell from 6 in the plan year 2023 filing to 5 in the plan year 2024 filing.
  • Bowers and Associates 401(k)/Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 382766101 · Bowers and Associates Inc. PY 2024 · 401(k)

Bowers and Associates 401(k)/Profit Sharing Plan · $2M · 5 · 27th

  • BOY $2M
  • SCH 5
  • EBSA 27th
  • PART 401(k)
  • TYPE near Marathon Foods, Inc. 401(k) Savings Plan
  • NET ind #4445

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 →

Bowers and Associates 401(k)/Profit Sharing Plan in the asset neighbourhood

Bowers and Associates 401(k)/Profit Sharing PlanBowers and Associates 401(k)…$2MMarathon Foods, Inc. 401(k) Savings PlanMarathon Foods, Inc. 401(k) …$2MDias Management Inc. 401(k) PlanDias Management Inc. 401(k) …$2MSherbrooke Capital II 401(k) Savings PlanSherbrooke Capital II 401(k)…$2MSquint Metrics LLC 401(k) Profit Sharing PlanSquint Metrics LLC 401(k) Pr…$2M
End-of-year total assets ($M) among Bowers and Associates 401(k)/Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Bowers and Associates Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bowers and Associates Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 14.038891907886233% vs 2022
2024 filing year
$1.2M$1.3M$1.4M$1.5M$1.6M$1.7M 202220232024 $1.32M $1.51M ▲ +14.4%
Year Plans Participants Total Assets
2022 1 7 $1M
2023 1 6 $2M
2024 1 5 $2M

Bowers and Associates Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$232K
Employer EIN382766101
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Bowers and Associates 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 ($B) Participants Bowers and Associates 401(k)/Profit Sharing Plan, Total assets ($B): 0.001508852 · Participants: 5Bowers and Associates 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
Bowers and Associates 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Bowers and Associates 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 Marathon Foods, Inc. 401(k) Savings Plan in MN ($2M); by covered participants it is Nasr Psychiatric Services 401(k) Plan in IN (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Bowers and Associates 401(k)/Profit Sharing Plan assets move in 2024?
Bowers and Associates 401(k)/Profit Sharing Plan pulled back noticeably - down 5.9% during 2024, from $2M to $2M. Reported net income was $232K.
How have Bowers and Associates Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bowers and Associates Inc.'s sponsor-wide assets grew 14.0%, from $1M to $2M.
Which 401(k) plans are similar in size to Bowers and Associates 401(k)/Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Marathon Foods, Inc. 401(k) Savings Plan in MN ($2M, 3 participants).
Which 401(k) plans cover a similar participant headcount to Bowers and Associates 401(k)/Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Nasr Psychiatric Services 401(k) Plan in IN (5 participants, N/A in assets).