TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN

Reviewed byPlainRetire Editorial, Retirement Plans Editorial Team · June 8, 2026

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

TAYLOR MACHINE WORKS, INC.

This Profit Sharing plan holds $14M in total assets and serves 476 participants as of 2022. It is sponsored by TAYLOR MACHINE WORKS, INC. in Mississippi. The plan reported a net loss of $2M for the year.

Total Assets (2023)

$14M

Participants

476

State

Mississippi

Industry

Manufacturing

What the Filing Says About TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN

TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN is a Profit Sharing retirement plan sponsored by TAYLOR MACHINE WORKS, INC., headquartered in Mississippi. As of the 2022 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 476 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 640281745, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $16M at the beginning of 2022 to $14M at year-end — a decline of 15.1%. Net assets (after liabilities) closed the year at $14M, with reported net income of $-2,246,609 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 — 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)	$16M
Total Assets (End of Year)	$14M
Net Assets (End of Year)	$14M
Net Income	$-2,246,609
Plan Type	Profit Sharing
Employer EIN	640281745
Plan Effective Date	1997-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (TAYLOR MACHINE WORKS, INC.)

Year	Plans	Participants	Total Assets
2022	1	476	$14M
2023	1	467	$16M
2024	1	480	$19M

Nearby Profit Sharing Plans in Mississippi

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

NORTH MISSISSIPPI HEALTH SERVICES 403(B) PLAN $390M · 7,294
THE TAYLOR GROUP, INC. 401(K) PLAN $102M · 1,094
MISSISSIPPI METHODIST HOSPITAL AND REHABILITATION CENTER RETIREMENT PLAN $53M · 756
KING'S DAUGHTERS MEDICAL CENTER RETIREMENT PLAN $41M · 729
FIRST NATIONAL BANKERS BANKSHARES, INC. 401(K) PLAN $35M · 153

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Frequently Asked Questions

How much money is in the TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN? ▼

As of the 2022 Form 5500 filing, TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN holds $14M in total assets with 476 participants. It is sponsored by TAYLOR MACHINE WORKS, INC..

What type of plan is TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN? ▼

TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN is a Profit Sharing plan. It has been effective since 1997-01-01. The plan is filed with the U.S. Department of Labor under EIN 640281745.

Who sponsors the TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN? ▼

TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN is sponsored by TAYLOR MACHINE WORKS, INC., located in Mississippi. The sponsor's EIN is 640281745 and the plan operates in the Manufacturing industry.

How did TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN perform in 2022? ▼

TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN declined by 15.1% during 2022, moving from $16M to $14M in total assets. Net income was $-2,246,609.

Where can I find official filings for TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN? ▼

Official Form 5500 filings for TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 640281745 or plan name at efast.dol.gov.

How does TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN compare to other plans? ▼

You can compare TAYLOR MACHINE WORKS, INC. BARGAINING UNIT 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in Mississippi on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.