401(k) · DOL Form 5500 · 2022

United Grinding & Machine Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
22
Participants Small participant base
45th
Percentile by assets National rank
$176,552
Avg per participant Above avg balance/head
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Official DOL plan name: United Grinding & Machine Co. 401(k) Profit Sharing Plan · Sponsored by United Grinding & Machine Company · Ohio · Manufacturing

$4M in assets, 22 participants

United Grinding & Machine Company's United Grinding & Machine Co. 401(k) Profit Sharing Plan reported $4M in total assets and 22 participants in its 2022 DOL Form 5500 filing, ranking in the 45th 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.

  • #5,909 in Manufacturing (20,602 peers)

2022 asset change

United Grinding & Machine Co. 401(k) Profit Sharing Plan declined sharply 24.4% in 2022 ($5M → $4M) for 22 participants.

#5,909
in Manufacturing (20,602 peers)
-24.4%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

United Grinding & Machine Co. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

United Grinding & Machine Co. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,884,150 45th percentile higher than 45% 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

United Grinding & Machine Co. 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. United Grinding & Machine Co. 401(k) Profit Sharing Plan is a small filing (22 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 341009199 · United Grinding & Machine Company PY 2022 · 401(k)

United Grinding & Machine Co. 401(k) Profit Sharing Plan · $4M · 22 · 45th

  • PCT $4M
  • EIN 22
  • RANK 45th
  • PHOTO 401(k)
  • IND near Jackson Automotive Group 401(k) Plan
  • EOY ind #5909

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 →

United Grinding & Machine Co. 401(k) Profit Sharing Plan in the asset neighbourhood

United Grinding & Machine Co. 401(k) Profit Sharing PlanUnited Grinding & Machine Co…$4MJackson Automotive Group 401(k) PlanJackson Automotive Group 401…$4MHenry 401(k) Plan$4MBoys & Girls Clubs of Greater Tarrant County Employees Retirement PlanBoys & Girls Clubs of Greate…$4MTui USA 401(k) Plan$4M
End-of-year total assets ($M) among United Grinding & Machine Co. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

United Grinding & Machine Company years around the 2022 move

Sponsor-wide plan assets over time

All United Grinding & Machine Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 6.456264562388167% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $3.88M $3.63M ▼ -6.4%
Year Plans Participants Total Assets
2022 1 22 $4M
2023 1 22 $4M
2024 1 20 $4M

2022 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$1M
Employer EIN341009199
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

United Grinding & Machine Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants United Grinding & Machine Co. 401(k) Profit Sharing Plan, Total assets ($B): 0.00388415 · Participants: 22United Grinding & Machine Co. 401(k) 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
United Grinding & Machine Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

United Grinding & Machine Co. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Jackson Automotive Group 401(k) Plan in GA ($4M); by covered participants it is Bi-Lo Distributors, Ltd. 401(k) Plan in NY (22 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (22 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 United Grinding & Machine Co. 401(k) Profit Sharing Plan assets move in 2022?
United Grinding & Machine Co. 401(k) Profit Sharing Plan declined sharply - down 24.4% during 2022, from $5M to $4M. Reported net income was -$1M.
How have United Grinding & Machine Company plan assets changed over time?
Across 3 plan years on file (2022-2024), United Grinding & Machine Company's sponsor-wide assets declined 6.5%, from $4M to $4M.
Which 401(k) plans are similar in size to United Grinding & Machine Co. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Jackson Automotive Group 401(k) Plan in GA ($4M, 136 participants).
Which 401(k) plans cover a similar participant headcount to United Grinding & Machine Co. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Bi-Lo Distributors, Ltd. 401(k) Plan in NY (22 participants, $2M in assets).