401(k)
2022 plan-year 401(k) DOL Form 5500

Mech-Tronics Employees' Profit Sharing and Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Mech-Tronics Limited Partnership ยท Illinois ยท Manufacturing

What the 2023 filing shows

Mech-Tronics Employees' Profit Sharing and Retirement Plan holds $15M for 91 participants - about $163,505 per participant, down 13.7% over the 2022 plan year.

$15M
total plan assets (2022 EOY)
91
covered participants
$163,505
avg assets per participant
-13.7%
assets change YoY

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

Total Assets (2023)
$15M
Participants
91
State
Industry
Manufacturing

What the Filing Says About Mech-Tronics Employees' Profit Sharing and Retirement Plan

Mech-Tronics Employees' Profit Sharing and Retirement Plan is a 401(k) retirement plan sponsored by Mech-Tronics Limited Partnership, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 91 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 364202627, and the plan has been effective since 1972-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $17M at the beginning of 2022 to $15M at year-end โ€” a decline of 13.7%. Net assets (after liabilities) closed the year at $15M, with reported net income of $-2,362,011 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$17M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$-2,362,011
Plan Type401(k)
Employer EIN364202627
Plan Effective Date1972-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mech-Tronics Limited Partnership)

Year Plans Participants Total Assets
2022 1 91 $15M
2023 1 88 $15M
2024 1 84 $17M

Nearby 401(k) Plans in Illinois

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Frequently Asked Questions

How much money is in the Mech-Tronics Employees' Profit Sharing and Retirement Plan?
As of the 2022 Form 5500 filing, Mech-Tronics Employees' Profit Sharing and Retirement Plan holds $15M in total assets with 91 participants. It is sponsored by Mech-Tronics Limited Partnership.
What type of plan is Mech-Tronics Employees' Profit Sharing and Retirement Plan?
Mech-Tronics Employees' Profit Sharing and Retirement Plan is a 401(k) plan. It has been effective since 1972-10-01. The plan is filed with the U.S. Department of Labor under EIN 364202627.
Who sponsors the Mech-Tronics Employees' Profit Sharing and Retirement Plan?
Mech-Tronics Employees' Profit Sharing and Retirement Plan is sponsored by Mech-Tronics Limited Partnership, located in Illinois. The sponsor's EIN is 364202627 and the plan operates in the Manufacturing industry.
How did Mech-Tronics Employees' Profit Sharing and Retirement Plan perform in 2022?
Mech-Tronics Employees' Profit Sharing and Retirement Plan declined by 13.7% during 2022, moving from $17M to $15M in total assets. Net income was $-2,362,011.
Where can I find official filings for Mech-Tronics Employees' Profit Sharing and Retirement Plan?
Official Form 5500 filings for Mech-Tronics Employees' Profit Sharing and Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 364202627 or plan name at efast.dol.gov.
How does Mech-Tronics Employees' Profit Sharing and Retirement Plan compare to other plans?
You can compare Mech-Tronics Employees' Profit Sharing and Retirement Plan against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 364202627.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.