401(k) · DOL Form 5500 · 2024

Our Next Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
320
Participants Below avg headcount
52nd
Percentile by assets National rank
$25,995
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: One 401(k) and Profit Sharing Plan · Sponsored by Our Next Energy, Inc. · Michigan · Manufacturing

$8M in assets, 320 participants

Our Next Energy, Inc.'s One 401(k) and Profit Sharing Plan reported $8M in total assets and 320 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,490 in Manufacturing (17,777 peers)

2024 asset change

One 401(k) and Profit Sharing Plan grew at a solid clip 9.4% in 2024 ($8M → $8M) for 320 participants.

#6,490
in Manufacturing (17,777 peers)
+9.4%
assets growth YoY

One 401(k) and Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

One 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$8,318,471 Top 48% higher than 52% 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

One 401(k) and Profit Sharing 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. One 401(k) and Profit Sharing Plan sits mid-pack in the medium band (320 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • One 401(k) and Profit Sharing Plan reported participants rose from 157 in the plan year 2023 filing to 320 in the plan year 2024 filing.
  • One 401(k) and Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $713K in the plan year 2024 filing.
  • One 401(k) and Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 852051268 · Our Next Energy, Inc. PY 2024 · 401(k)

One 401(k) and Profit Sharing Plan · $8M · 320 · 52nd

  • 5500 $8M
  • 5500 320
  • 5500 52nd
  • 5500 401(k)
  • 5500 near Roberts Aircraft Co. 401(k) Plan
  • 5500 ind #6490

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 →

One 401(k) and Profit Sharing Plan in the asset neighbourhood

One 401(k) and Profit Sharing PlanOne 401(k) and Profit Sharin…$8MRoberts Aircraft Co. 401(k) PlanRoberts Aircraft Co. 401(k) …$8MLenoble Lumber Company, Inc. Incentive Savings TrustLenoble Lumber Company, Inc.…$8MCape Associates, Inc. 401(k) Profit Sharing PlanCape Associates, Inc. 401(k)…$8ME. E. Wine, Inc. 401(k) Plan$8M
End-of-year total assets ($M) among One 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Our Next Energy, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Our Next Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 9.374974113995194% vs 2023
2024 filing year
$7.5M$8M$8.5M 20232024 $7.61M $8.32M ▲ +9.3%
Year Plans Participants Total Assets
2023 1 157 $8M
2024 1 320 $8M

2024 asset-move particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$713K
Employer EIN852051268
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

One 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants One 401(k) and Profit Sharing Plan, Total assets ($B): 0.008318471 · Participants: 320One 401(k) and 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
One 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare One 401(k) and Profit Sharing Plan side-by-side with 3 peers →

One 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Roberts Aircraft Co. 401(k) Plan in WY ($8M); by covered participants it is Dominion Electric Supply Company, Inc. 401(k) Profit Sharing Plan in VA (320 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (320 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 One 401(k) and Profit Sharing Plan assets move in 2024? ▼
One 401(k) and Profit Sharing Plan grew at a solid clip - up 9.4% during 2024, from $8M to $8M. Reported net income was $713K.
How have Our Next Energy, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Our Next Energy, Inc.'s sponsor-wide assets grew 9.4%, from $8M to $8M.
Which 401(k) plans are similar in size to One 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Roberts Aircraft Co. 401(k) Plan in WY ($8M, 113 participants).
Which 401(k) plans cover a similar participant headcount to One 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dominion Electric Supply Company, Inc. 401(k) Profit Sharing Plan in VA (320 participants, N/A 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 852051268.

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.