401(k) · DOL Form 5500 · 2024

Thai Summit America Corporation 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
983
Participants Near avg headcount
85th
Percentile by assets National rank
$56,941
Avg per participant Low balance/head
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Official DOL plan name: Thai Summit America Corporation Profit Sharing & 401(k) Plan · Sponsored by Thai Summit America Corporation · Michigan · Manufacturing

$56M in assets, 983 participants

Thai Summit America Corporation's Thai Summit America Corporation Profit Sharing & 401(k) Plan reported $56M in total assets and 983 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,068 in Manufacturing (17,777 peers)

Where Thai Summit America Corporation Profit Sharing & 401(k) Plan sits by assets

Thai Summit America Corporation Profit Sharing & 401(k) Plan sits in the top quartile of all filed plans by assets, $56M for 983 participants (~$56,941/participant), down 10.8% in 2024.

#14,068
in Manufacturing (17,777 peers)
-10.8%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thai Summit America Corporation Profit Sharing & 401(k) Plan's outsized position by total assets

Thai Summit America Corporation Profit Sharing & 401(k) Plan vs every filed plan by assets

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

$55,973,130 Top 15% higher than 85% 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

Thai Summit America Corporation Profit Sharing & 401(k) 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. Thai Summit America Corporation Profit Sharing & 401(k) Plan sits mid-pack in the medium band (983 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thai Summit America Corporation Profit Sharing & 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to -$7M in the plan year 2024 filing.
  • Thai Summit America Corporation Profit Sharing & 401(k) Plan end-of-year assets fell from $63M in the plan year 2023 filing to $56M in the plan year 2024 filing.
  • Thai Summit America Corporation Profit Sharing & 401(k) Plan reported participants rose from 960 in the plan year 2023 filing to 983 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 382617507 · Thai Summit America Corporation PY 2024 · 401(k)

Thai Summit America Corporation Profit Sharing & 401(k) Plan · $56M · 983 · 85th

  • EOY $56M
  • 5500 983
  • ASSETS 85th
  • PCT 401(k)
  • EIN near Retirement Path Pooled Employer Plan
  • RANK ind #14068

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 →

Thai Summit America Corporation Profit Sharing & 401(k) Plan in the asset neighbourhood

Marshall Wace North America LP 401(k) Profit Sharing & TrustMarshall Wace North America …$56MDcca Retirement Savings Plan$56MThai Summit America Corporation Profit Sharing & 401(k) PlanThai Summit America Corporat…$56MRetirement Path Pooled Employer PlanRetirement Path Pooled Emplo…$56MMatthews International Capital Management, LLC 401(k) PlanMatthews International Capit…$56M
End-of-year total assets ($M) among Thai Summit America Corporation Profit Sharing & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$56M
Net Income-$7M
Employer EIN382617507
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thai Summit America Corporation)

Sponsor-wide plan assets over time

All Thai Summit America Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$56M 0.6986841599414352% vs 2022
2024 filing year
$55M$60M$65M 202220232024 $56.4M $56M ▼ -0.7%
Year Plans Participants Total Assets
2022 1 855 $56M
2023 1 960 $63M
2024 1 983 $56M

Nearby 401(k) Plans in Michigan

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

Thai Summit America Corporation Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Thai Summit America Corporation Profit Sharing & 401(k) Plan, Total assets ($B): 0.05597313 · Participants: 983Thai Summit America Corporation Profit Sharing & 401(k) 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
Thai Summit America Corporation Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Thai Summit America Corporation Profit Sharing & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Retirement Path Pooled Employer Plan in NJ ($56M); by covered participants it is Holland & Hart Retirement Savings Plan in CO (983 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (983 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 Thai Summit America Corporation Profit Sharing & 401(k) Plan assets move in 2024?
Thai Summit America Corporation Profit Sharing & 401(k) Plan pulled back noticeably - down 10.8% during 2024, from $63M to $56M. Reported net income was -$7M.
How have Thai Summit America Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Thai Summit America Corporation's sponsor-wide assets declined 0.7%, from $56M to $56M.
Where does Thai Summit America Corporation Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers?
Thai Summit America Corporation Profit Sharing & 401(k) Plan ranks in the 85th 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 Thai Summit America Corporation Profit Sharing & 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Retirement Path Pooled Employer Plan in NJ ($56M, 911 participants).
Which 401(k) plans cover a similar participant headcount to Thai Summit America Corporation Profit Sharing & 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Holland & Hart Retirement Savings Plan in CO (983 participants, $525M in assets).