401(k) · DOL Form 5500 · 2024

Ai-Cares, LLC 401(k) Plan

Data updated 2026-08-11

$59M
Total assets
1,886
Participants
86th
Percentile by assets
$31,179
Avg per participant
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Official DOL plan name: Ai-Cares Retirement Savings Plan · Sponsored by Ai-Cares, LLC · Michigan · Manufacturing

$59M in assets, 1,886 participants

Ai-Cares, LLC's Ai-Cares Retirement Savings Plan reported $59M in total assets and 1,886 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 123,622 plans)
  • #14,193 in Manufacturing (17,777 peers)

Coverage in Michigan

Ai-Cares Retirement Savings Plan covers 1,886 participants in Michigan, 3.0x the typical Michigan plan (state average ~638 per filing). Assets: $59M.

$59M
total plan assets (2024 EOY)
1,886
covered participants
86th
percentile by assets (of 123,622 plans)
$31,179
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ai-Cares Retirement Savings Plan reported net income rose from $10M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Ai-Cares Retirement Savings Plan end-of-year assets fell from $75M in the plan year 2023 filing to $59M in the plan year 2024 filing.
  • Ai-Cares Retirement Savings Plan reported participants fell from 2,296 in the plan year 2023 filing to 1,886 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 638 participants across 4,220 plans. Ai-Cares Retirement Savings Plan reports 1,886 participants - 3.0x that state average ($59M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$59M
Net Income$16M
Employer EIN300211408
Plan Effective Date2003-12-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Ai-Cares, LLC)

$0M$100M$200M$300M$400M 202220232024 $64.6M $286M ▲ +342.0%
Total plan assets by year, all Ai-Cares, LLC plans on file
Year Plans Participants Total Assets
2022 1 2,390 $65M
2023 1 2,296 $75M
2024 4 9,238 $286M

Nearby 401(k) Plans in Michigan

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

Ai-Cares Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Ai-Cares Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Ai-Cares Retirement …General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Ai-Cares Retirement Savings 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 Ai-Cares Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Ai-Cares Retirement Savings Plan assets move in 2024?
Ai-Cares Retirement Savings Plan surged - up 36.4% during 2024, from $43M to $59M. Reported net income was $16M.
How have Ai-Cares, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Ai-Cares, LLC's sponsor-wide assets grew 342.0%, from $65M to $286M.
Where does Ai-Cares Retirement Savings Plan rank by assets among Form 5500 filers?
Ai-Cares Retirement Savings Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ai-Cares Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Beacon Retirement Savings 401(a) Plan in IN ($59M, 1,523 participants).

Next read for Ai-Cares Retirement Savings Plan

Filing takeaways

Ways to act on Ai-Cares Retirement Savings Plan's numbers.