Glenn Machine Works, Inc. 401(k) Plan

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team · June 18, 2026

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

Sponsored by Glenn Machine Works, Inc. · Mississippi · Manufacturing

What the 2023 filing shows

Glenn Machine Works, Inc. 401(k) Plan holds $7M for 158 participants — about $46,728 per participant, down 11.6% over the 2022 plan year.

$7M
total plan assets (2022 EOY): 158
covered participants: $46,728
avg assets per participant: -11.6%
assets change YoY

The plan reported a net loss of $972K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$7M

Participants

158

State

Mississippi

Industry

Manufacturing

What the Filing Says About Glenn Machine Works, Inc. 401(k) Plan

Glenn Machine Works, Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Glenn Machine Works, Inc., headquartered in Mississippi. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 158 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 640470007, and the plan has been effective since 2007-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2022 to $7M at year-end — a decline of 11.6%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-971,732 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)	$8M
Total Assets (End of Year)	$7M
Net Assets (End of Year)	$7M
Net Income	$-971,732
Plan Type	Profit Sharing
Employer EIN	640470007
Plan Effective Date	2007-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Glenn Machine Works, Inc.)

Year	Plans	Participants	Total Assets
2022	1	158	$7M
2023	1	162	$9M
2024	1	166	$10M

Nearby Profit Sharing Plans in Mississippi

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

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First National Bankers Bankshares, Inc. 401(k) Plan $35M · 153

Compare Glenn Machine Works, Inc. 401(k) Plan side-by-side with 3 peers →

Related Data

Guides

Frequently Asked Questions

How much money is in the Glenn Machine Works, Inc. 401(k) Plan? ▼

As of the 2022 Form 5500 filing, Glenn Machine Works, Inc. 401(k) Plan holds $7M in total assets with 158 participants. It is sponsored by Glenn Machine Works, Inc..

What type of plan is Glenn Machine Works, Inc. 401(k) Plan? ▼

Glenn Machine Works, Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 2007-01-01. The plan is filed with the U.S. Department of Labor under EIN 640470007.

Who sponsors the Glenn Machine Works, Inc. 401(k) Plan? ▼

Glenn Machine Works, Inc. 401(k) Plan is sponsored by Glenn Machine Works, Inc., located in Mississippi. The sponsor's EIN is 640470007 and the plan operates in the Manufacturing industry.

How did Glenn Machine Works, Inc. 401(k) Plan perform in 2022? ▼

Glenn Machine Works, Inc. 401(k) Plan declined by 11.6% during 2022, moving from $8M to $7M in total assets. Net income was $-971,732.

Where can I find official filings for Glenn Machine Works, Inc. 401(k) Plan? ▼

Official Form 5500 filings for Glenn Machine Works, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 640470007 or plan name at efast.dol.gov.

How does Glenn Machine Works, Inc. 401(k) Plan compare to other plans? ▼

You can compare Glenn Machine Works, Inc. 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.