401(k) · DOL Form 5500 · 2022

Northern Machine Tool Company 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
17
Participants Small participant base
52nd
Percentile by assets National rank
$318,903
Avg per participant High balance/head
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Official DOL plan name: Northern Machine Tool Company 401(k) Profit Sharing Plan · Sponsored by Northern Machine Tool Company · Michigan · Manufacturing

$5M in assets, 17 participants

Northern Machine Tool Company's Northern Machine Tool Company 401(k) Profit Sharing Plan reported $5M in total assets and 17 participants in its 2022 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.

  • #7,472 in Manufacturing (20,602 peers)

2022 asset change

Northern Machine Tool Company 401(k) Profit Sharing Plan contracted severely 31.0% in 2022 ($8M → $5M) for 17 participants.

#7,472
in Manufacturing (20,602 peers)
-31.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northern Machine Tool Company 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Northern Machine Tool Company 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$5,421,353 Top 48% higher than 52% of 139,123 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 2022

Northern Machine Tool Company 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northern Machine Tool Company 401(k) Profit Sharing Plan is a small filing (17 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 381749993 · Northern Machine Tool Company PY 2022 · 401(k)

Northern Machine Tool Company 401(k) Profit Sharing Plan · $5M · 17 · 52nd

  • EIN $5M
  • EIN 17
  • EIN 52nd
  • EIN 401(k)
  • EIN near Stannah Stairlifts, Inc. 401(k) Plan
  • EIN ind #7472

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 →

Northern Machine Tool Company 401(k) Profit Sharing Plan in the asset neighbourhood

Northern Machine Tool Company 401(k) Profit Sharing PlanNorthern Machine Tool Compan…$5MStannah Stairlifts, Inc. 401(k) PlanStannah Stairlifts, Inc. 401…$5MMills Automotive Group, LLC 401(k) PlanMills Automotive Group, LLC …$5MMeridian Brands LLC 401(k) Employees Savings PlanMeridian Brands LLC 401(k) E…$5MLong Reimer Winegar LLP 401(k) PlanLong Reimer Winegar LLP 401(…$5M
End-of-year total assets ($M) among Northern Machine Tool Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Northern Machine Tool Company years around the 2022 move

Sponsor-wide plan assets over time

All Northern Machine Tool Company plans reported in each filing year

Latest sponsor-wide plan assets
$6M 9.037319650648094% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.42M $5.91M ▲ +9.0%
Year Plans Participants Total Assets
2022 1 17 $5M
2023 1 19 $6M
2024 1 19 $6M

2022 asset-move particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$5M
Net Income-$2M
Employer EIN381749993
Plan Effective Date1988-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Northern Machine Tool Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Northern Machine Tool Company 401(k) Profit Sharing Plan, Total assets ($B): 0.005421353 · Participants: 17Northern Machine Tool Company 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The 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): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Northern Machine Tool Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Northern Machine Tool Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Northern Machine Tool Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Stannah Stairlifts, Inc. 401(k) Plan in MA ($5M); by covered participants it is Seed Enhancements, LLC 401(k) Plan in ID (17 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northern Machine Tool Company 401(k) Profit Sharing Plan assets move in 2022? ▼
Northern Machine Tool Company 401(k) Profit Sharing Plan contracted severely - down 31.0% during 2022, from $8M to $5M. Reported net income was -$2M.
How have Northern Machine Tool Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Machine Tool Company's sponsor-wide assets grew 9.0%, from $5M to $6M.
Which 401(k) plans are similar in size to Northern Machine Tool Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stannah Stairlifts, Inc. 401(k) Plan in MA ($5M, 93 participants).
Which 401(k) plans cover a similar participant headcount to Northern Machine Tool Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Seed Enhancements, LLC 401(k) Plan in ID (17 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381749993.

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.