401(k) · DOL Form 5500 · 2022

Machine Concepts, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
98
Participants Small participant base
76th
Percentile by assets National rank
$189,187
Avg per participant Above avg balance/head
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Official DOL plan name: Machine Concepts, Inc. Profit Sharing Plan · Sponsored by Machine Concepts, Inc. · Ohio · Manufacturing

$19M in assets, 98 participants

Machine Concepts, Inc.'s Machine Concepts, Inc. Profit Sharing Plan reported $19M in total assets and 98 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #13,744 in Manufacturing (20,602 peers)

Where Machine Concepts, Inc. Profit Sharing Plan sits by assets

Machine Concepts, Inc. Profit Sharing Plan sits in the top quartile of all filed plans by assets, $19M for 98 participants (~$189,187/participant), down 14.1% in 2022.

#13,744
in Manufacturing (20,602 peers)
-14.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Machine Concepts, Inc. Profit Sharing Plan's outsized position by total assets

Machine Concepts, Inc. Profit Sharing Plan vs every filed plan by assets

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

$18,540,333 Top 24% higher than 76% 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

Machine Concepts, Inc. 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. Machine Concepts, Inc. Profit Sharing Plan is a small filing (98 participants) on this national headcount ladder.

DOL schedule card

Filing strip 341759317 · Machine Concepts, Inc. PY 2022 · 401(k)

Machine Concepts, Inc. Profit Sharing Plan · $19M · 98 · 76th

  • PHOTO $19M
  • IND 98
  • EOY 76th
  • 5500 401(k)
  • ASSETS near Axa Assistance USA, Inc. 401(k) Plan
  • PCT ind #13744

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 Ohio →

Machine Concepts, Inc. Profit Sharing Plan in the asset neighbourhood

Machine Concepts, Inc. Profit Sharing PlanMachine Concepts, Inc. Profi…$19MAxa Assistance USA, Inc. 401(k) PlanAxa Assistance USA, Inc. 401…$19MHughes Pittman & Gupton LLP Retirement Savings PlanHughes Pittman & Gupton LLP …$19MAdvance Business Systems & Supply Company 401(k) Plan and TrustAdvance Business Systems & S…$19MTatonduk Outfitters Limited Retirement Savings PlanTatonduk Outfitters Limited …$19M
End-of-year total assets ($M) among Machine Concepts, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$19M
Net Income-$3M
Employer EIN341759317
Plan Effective Date1995-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Machine Concepts, Inc.)

Sponsor-wide plan assets over time

All Machine Concepts, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 10.75709373720526% vs 2022
2024 filing year
$18M$19M$20M$21M$22M 202220232024 $18.5M $20.5M ▲ +10.7%
Year Plans Participants Total Assets
2022 1 98 $19M
2023 1 105 $22M
2024 1 110 $21M

Nearby 401(k) Plans in Ohio

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

Machine Concepts, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Machine Concepts, Inc. Profit Sharing Plan, Total assets ($B): 0.018540333 · Participants: 98Machine Concepts, Inc. Profit Sharing PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Machine Concepts, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Machine Concepts, Inc. Profit Sharing Plan side-by-side with 3 peers →

Machine Concepts, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Axa Assistance USA, Inc. 401(k) Plan in IL ($19M); by covered participants it is Sierra7 401(k) Plan in VA (98 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (98 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 Machine Concepts, Inc. Profit Sharing Plan assets move in 2022? ▼
Machine Concepts, Inc. Profit Sharing Plan pulled back noticeably - down 14.1% during 2022, from $22M to $19M. Reported net income was -$3M.
How have Machine Concepts, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Machine Concepts, Inc.'s sponsor-wide assets grew 10.8%, from $19M to $21M.
Where does Machine Concepts, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Machine Concepts, Inc. Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Machine Concepts, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Axa Assistance USA, Inc. 401(k) Plan in IL ($19M, 208 participants).
Which 401(k) plans cover a similar participant headcount to Machine Concepts, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sierra7 401(k) Plan in VA (98 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 341759317.

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.