401(k) · DOL Form 5500 · 2024

Shifting Gears, Inc. 401(k) Plan

Data updated 2026-08-25

$697K
Total assets Small plan by assets
12
Participants Small participant base
20th
Percentile by assets National rank
$58,122
Avg per participant Low balance/head
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Official DOL plan name: Shifting Gears, Inc. 401(k) Plan · Sponsored by Shifting Gears, Inc. · Wyoming · Other Services

$697K in assets, 12 participants

Shifting Gears, Inc.'s Shifting Gears, Inc. 401(k) Plan reported $697K in total assets and 12 participants in its 2024 DOL Form 5500 filing, ranking in the 20th 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.

  • #3,273 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Shifting Gears, Inc. 401(k) Plan ranks #3,273 of 7,719 2024 filers by assets (2878% of the sector average)-$697K for 12 participants.

#3,273
in Other Services (7,719 peers)
+122.1%
assets growth YoY

Shifting Gears, Inc. 401(k) Plan among the smaller filed plans by assets

Shifting Gears, Inc. 401(k) Plan vs every filed plan by assets

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

$697,468 20th percentile higher than 20% 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

Shifting Gears, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shifting Gears, Inc. 401(k) Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shifting Gears, Inc. 401(k) Plan reported net income rose from $215K in the plan year 2023 filing to $383K in the plan year 2024 filing.
  • Shifting Gears, Inc. 401(k) Plan end-of-year assets rose from $501K in the plan year 2023 filing to $697K in the plan year 2024 filing.
  • Shifting Gears, Inc. 401(k) Plan reported participants rose from 10 in the plan year 2023 filing to 12 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 842210658 · Shifting Gears, Inc. PY 2024 · 401(k)

Shifting Gears, Inc. 401(k) Plan · $697K · 12 · 20th

  • PART $697K
  • PART 12
  • PART 20th
  • PART 401(k)
  • PART near Journeypure Management Corp. 401(k) Profit Sharing Plan & Trust
  • PART ind #3273

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 Other Services retirement plans → · Plans in Wyoming →

Shifting Gears, Inc. 401(k) Plan in the asset neighbourhood

Shifting Gears, Inc. 401(k) PlanShifting Gears, Inc. 401(k) …$697KJourneypure Management Corp. 401(k) Profit Sharing Plan & TrustJourneypure Management Corp.…$697KAirville Hnw 401(k)$697KAllied Systems 401(k) Plan$697KBruno's Little Italy, Inc. 401(k) PlanBruno's Little Italy, Inc. 4…$698K
End-of-year total assets ($M) among Shifting Gears, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$314K
Net Assets (End of Year)$697K
Net Income$383K
Employer EIN842210658
Plan Effective Date2019-06-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Shifting Gears, Inc.)

Sponsor-wide plan assets over time

All Shifting Gears, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 474.06834038499255% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M$2M 202220232024 $0.29M $1.64M ▲ +465.5%
Year Plans Participants Total Assets
2022 1 10 $286K
2023 1 10 $501K
2024 4 33 $2M

Nearby 401(k) Plans in Wyoming

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

Shifting Gears, Inc. 401(k) Plan vs. nearby 401(k) plans in Wyoming, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -50050100150200 Total assets ($M) Participants Shifting Gears, Inc. 401(k) Plan, Total assets ($M): 0.697468 · Participants: 12Shifting Gears, Inc. 401(k) PlanAdmiral Beverage Corporation 401(k) Plan, Total assets ($M): 168.555174 · Participants: 1570Admiral Beverage Corporation 401(k) PlanWyoming Machinery Company Profit Sharing 401(k) Plan, Total assets ($M): 144.128487 · Participants: 741Wyoming Machinery Company Profit Sharing 401(k) PlanTrihydro Corporation 401(k) Plan, Total assets ($M): 114.600552 · Participants: 599Trihydro Corporation 401(k) PlanTrue Companies Employees' 401(k) Savings Plan, Total assets ($M): 72.031245 · Participants: 965True Companies Employees' 401(k) Savings PlanNeiman Enterprises, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($M): 47.753327 · Participants: 452Neiman Enterprises, Inc. 401(k) Profit Sharing Plan & Trust
Shifting Gears, Inc. 401(k) Plan vs. nearby 401(k) plans in Wyoming, assets vs. participants
Compare Shifting Gears, Inc. 401(k) Plan side-by-side with 3 peers →

Shifting Gears, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Wyoming, the nearest 401(k) by assets is Journeypure Management Corp. 401(k) Profit Sharing Plan & Trust in FL ($697K); by covered participants it is Hoyt Hayes, Jr. Construction, Inc. Profit Sharing Plan in TN (12 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($697K here).

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Shifting Gears, Inc. 401(k) Plan assets move in 2024? ▼
Shifting Gears, Inc. 401(k) Plan surged - up 122.1% during 2024, from $314K to $697K. Reported net income was $383K.
How have Shifting Gears, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shifting Gears, Inc.'s sponsor-wide assets grew 474.1%, from $286K to $2M.
Where does Shifting Gears, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Shifting Gears, Inc. 401(k) Plan ranks in the 20th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Shifting Gears, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Journeypure Management Corp. 401(k) Profit Sharing Plan & Trust in FL ($697K, 397 participants).
Which 401(k) plans cover a similar participant headcount to Shifting Gears, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hoyt Hayes, Jr. Construction, Inc. Profit Sharing Plan in TN (12 participants, $9M 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 842210658.

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.