401(k) · DOL Form 5500 · 2024
Verstand Engineering, Inc. 401(k) Plan
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 8
- Participants Small participant base
- 27th
- Percentile by assets National rank
- $187,771
- Avg per participant Above avg balance/head
Official DOL plan name: Verstand Engineering, Inc. Profit Sharing & 401(k) Plan · Sponsored by Verstand Engineering, Inc. · Michigan · Professional & Technical Services
$2M in assets, 8 participants
Verstand Engineering, Inc.'s Verstand Engineering, Inc. Profit Sharing & 401(k) Plan reported $2M in total assets and 8 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.
- #4,436 in Professional & Technical Services (20,173 peers)
Verstand Engineering, Inc. multi-year trail
Verstand Engineering, Inc.'s plans moved -54.2% in assets from 2022 to 2024; this filing shows Verstand Engineering, Inc. Profit Sharing & 401(k) Plan at $2M / 8 participants.
- #4,436
- in Professional & Technical Services (20,173 peers)
- -6.3%
- assets change YoY
The plan reported a net loss of $101K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Verstand Engineering, Inc. Profit Sharing & 401(k) Plan among the smaller filed plans by assets
Verstand Engineering, Inc. Profit Sharing & 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,502,168 27th percentile higher than 27% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Verstand Engineering, Inc. Profit Sharing & 401(k) Plan among micro filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Verstand Engineering, Inc. Profit Sharing & 401(k) Plan is a micro filing (8 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Verstand Engineering, Inc. Profit Sharing & 401(k) Plan reported net income rose from -$2M in the plan year 2023 filing to -$101K in the plan year 2024 filing.
- Verstand Engineering, Inc. Profit Sharing & 401(k) Plan reported participants fell from 9 in the plan year 2023 filing to 8 in the plan year 2024 filing.
- Verstand Engineering, Inc. Profit Sharing & 401(k) Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 381654478 · Verstand Engineering, Inc. PY 2024 · 401(k)
Verstand Engineering, Inc. Profit Sharing & 401(k) Plan · $2M · 8 · 27th
- NET $2M
- NET 8
- NET 27th
- NET 401(k)
- NET near Captain Timothy S. Nilsen, Inc 401(k) Psp
- NET ind #4436
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 Professional & Technical Services retirement plans → · Plans in Michigan →
Verstand Engineering, Inc. Profit Sharing & 401(k) Plan in the asset neighbourhood
Verstand Engineering, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Verstand Engineering, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2M 54.15026470529883% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 10 | $3M |
| 2023 | 1 | 9 | $2M |
| 2024 | 1 | 8 | $2M |
Verstand Engineering, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$101K |
| Employer EIN | 381654478 |
| Plan Effective Date | 1973-09-30 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Verstand Engineering, Inc. 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 Captain Timothy S. Nilsen, Inc 401(k) Psp in NY ($2M); by covered participants it is The Raymond Company Pension Services, LLC 401(k) Plan in AZ (8 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (8 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.