401(k) · DOL Form 5500 · 2024

Belfor USA Group, Inc. 401(k) Plan

Data updated 2026-07-24

$173M
Total assets
1,767
Participants
94th
Percentile by assets
$98,020
Avg per participant
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Official DOL plan name: Belfor Group 401(k) Plan · Sponsored by Belfor USA Group, Inc. · Michigan · Construction

$173M in assets, 1,767 participants

Belfor USA Group, Inc.'s Belfor Group 401(k) Plan reported $173M in total assets and 1,767 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 116,472 plans)

Coverage in Michigan

Belfor Group 401(k) Plan covers 1,767 participants in Michigan, 2.8x the typical Michigan plan (state average ~632 per filing). Assets: $173M.

$173M
total plan assets (2024 EOY)
1,767
covered participants
94th
percentile by assets (of 116,472 plans)
$98,020
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Belfor Group 401(k) Plan reported net income rose from $22M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Belfor Group 401(k) Plan reported participants fell from 2,221 in the plan year 2023 filing to 1,767 in the plan year 2024 filing.
  • Belfor Group 401(k) Plan end-of-year assets rose from $144M in the plan year 2023 filing to $173M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Belfor Group 401(k) Plan reports 1,767 participants - 2.8x that state average ($173M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$144M
Net Assets (End of Year)$173M
Net Income$29M
Employer EIN841309171
Plan Effective Date1964-05-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Belfor USA Group, Inc.)

$100M$120M$140M$160M$180M 202220232024 $122M $173M ▲ +41.5%
Total plan assets by year, all Belfor USA Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,121 $122M
2023 1 2,221 $144M
2024 1 1,767 $173M

Nearby 401(k) Plans in Michigan

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

Belfor Group 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Belfor Group 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 Belfor Group 401(k) …General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Belfor Group 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Belfor Group 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Belfor Group 401(k) Plan assets move in 2024?
Belfor Group 401(k) Plan grew sharply - up 20.2% during 2024, from $144M to $173M. Reported net income was $29M.
How have Belfor USA Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Belfor USA Group, Inc.'s sponsor-wide assets grew 41.5%, from $122M to $173M.
Where does Belfor Group 401(k) Plan rank by assets among Form 5500 filers?
Belfor Group 401(k) Plan ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Belfor Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is J. J. Keller & Associates, Inc. Employees' 401(k) Savings and Retirement Plan in WI ($173M, 1,878 participants).

Filing takeaways

Ways to act on Belfor Group 401(k) Plan's numbers.

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 841309171.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.