401(k) · DOL Form 5500 · 2022

Stowers Machinery Corporation 401(k) Plan

Data updated 2026-08-11

$68M
Total assets
396
Participants
90th
Percentile by assets
$172,718
Avg per participant
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Official DOL plan name: Stowers Machinery Corporation 401(k) Plan · Sponsored by Stowers Machinery Corporation · Tennessee · Other Services

$68M in assets, 396 participants

Stowers Machinery Corporation's Stowers Machinery Corporation 401(k) Plan reported $68M in total assets and 396 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #8,067 in Other Services (8,398 peers)

Coverage in Tennessee

Stowers Machinery Corporation 401(k) Plan covers 396 participants in Tennessee, about 35% of the average Tennessee filer (state average ~1,126 per filing). Assets: $68M.

$68M
total plan assets (2022 EOY)
396
covered participants
90th
percentile by assets (of 139,126 plans)
$172,718
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Stowers Machinery Corporation 401(k) Plan sits by total assets

Stowers Machinery Corporation 401(k) Plan vs every filed plan by assets

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

$68,396,367 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Stowers Machinery Corporation 401(k) Plan reports 396 participants - about 35% of that state average ($68M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$68M
Net Income-$9M
Employer EIN620636387
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Stowers Machinery Corporation)

$60M$70M$80M$90M 202220232024 $68.4M $87.4M ▲ +27.8%
Total plan assets by year, all Stowers Machinery Corporation plans on file
Year Plans Participants Total Assets
2022 1 396 $68M
2023 1 438 $81M
2024 1 493 $87M

Nearby 401(k) Plans in Tennessee

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

Stowers Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Stowers Machinery Co…, Total assets ($B): 0.068396367 · Participants: 396Stowers Machinery Co…Fedex Corporation Re…, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Re…Hca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper …, Total assets ($B): 4.178827147 · Participants: 11839International Paper …Federal Express Corp…, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corp…Chs/Community Health…, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health…
Stowers Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Stowers Machinery Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Stowers Machinery Corporation 401(k) Plan assets move in 2022?
Stowers Machinery Corporation 401(k) Plan pulled back noticeably - down 11.2% during 2022, from $77M to $68M. Reported net income was -$9M.
How have Stowers Machinery Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Stowers Machinery Corporation's sponsor-wide assets grew 27.8%, from $68M to $87M.
Where does Stowers Machinery Corporation 401(k) Plan rank by assets among Form 5500 filers?
Stowers Machinery Corporation 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Stowers Machinery Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Progressive Physician Associates, Inc. Retirement Savings Plan in PA ($68M, 96 participants).

Next read for Stowers Machinery Corporation 401(k) Pla…

Filing takeaways

Ways to act on Stowers Machinery Corporation 401(k) Plan's numbers.

  • By total assets, Stowers Machinery Corporation 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
  • Stowers Machinery Corporation's sponsor-wide assets have grown 27.8% since 2022 across 3 plan years on file. More Other Services plans