401(k) · DOL Form 5500 · 2022

Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
223
Participants Below avg headcount
78th
Percentile by assets National rank
$92,092
Avg per participant Below avg balance/head
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Official DOL plan name: Mts Seating 401(k) Plan & Trust · Sponsored by Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating · Michigan · Manufacturing

$21M in assets, 223 participants

Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating's Mts Seating 401(k) Plan & Trust reported $21M in total assets and 223 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #14,154 in Manufacturing (20,602 peers)

Coverage in Michigan

Mts Seating 401(k) Plan & Trust covers 223 participants in Michigan, about 35% of the average Michigan filer (state average ~638 per filing). Assets: $21M.

#14,154
in Manufacturing (20,602 peers)
-23.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mts Seating 401(k) Plan & Trust's outsized position by total assets

Mts Seating 401(k) Plan & Trust vs every filed plan by assets

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

$20,536,534 Top 22% higher than 78% 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

Mts Seating 401(k) Plan & Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mts Seating 401(k) Plan & Trust sits mid-pack in the medium band (223 participants).

Form 5500 schedule snapshot

Filing strip 381543409 · Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating PY 2022 · 401(k)

Mts Seating 401(k) Plan & Trust · $21M · 223 · 78th

  • NET $21M
  • BOOK 223
  • VS-ST 78th
  • BOY 401(k)
  • SCH near North Bay Drywall, Inc. Profit Sharing Plan and Trust
  • EBSA ind #14154

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 Michigan →

Mts Seating 401(k) Plan & Trust in the asset neighbourhood

Mts Seating 401(k) Plan & TrustMts Seating 401(k) Plan & Tr…$21MNorth Bay Drywall, Inc. Profit Sharing Plan and TrustNorth Bay Drywall, Inc. Prof…$21MGastroenterology Consultants and Nevada Endoscopy Management 401(k) Profit Sharing PlanGastroenterology Consultants…$21MImpact Xm Retirement Plan$21MMidcountry Bank 401(k) Plan$21M
End-of-year total assets ($M) among Mts Seating 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$21M
Net Income-$6M
Employer EIN381543409
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating)

Sponsor-wide plan assets over time

All Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating plans reported in each filing year

Latest sponsor-wide plan assets
$25M 21.19935623021879% vs 2022
2024 filing year
$20M$22M$24M$26M 202220232024 $20.5M $24.9M ▲ +21.2%
Year Plans Participants Total Assets
2022 1 223 $21M
2023 1 214 $24M
2024 1 281 $25M

Nearby 401(k) Plans in Michigan

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

Mts Seating 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Mts Seating 401(k) Plan & Trust, Total assets ($B): 0.020536534 · Participants: 223Mts Seating 401(k) Plan & TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Mts Seating 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Mts Seating 401(k) Plan & Trust side-by-side with 3 peers →

Mts Seating 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is North Bay Drywall, Inc. Profit Sharing Plan and Trust in CA ($21M); by covered participants it is Expro Americas, LLC 401(k) Retirement Savings Plan in TX (223 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (223 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 Mts Seating 401(k) Plan & Trust assets move in 2022? ▼
Mts Seating 401(k) Plan & Trust declined sharply - down 23.4% during 2022, from $27M to $21M. Reported net income was -$6M.
How have Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating's sponsor-wide assets grew 21.2%, from $21M to $25M.
Where does Mts Seating 401(k) Plan & Trust rank by assets among Form 5500 filers? ▼
Mts Seating 401(k) Plan & Trust ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mts Seating 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is North Bay Drywall, Inc. Profit Sharing Plan and Trust in CA ($21M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Mts Seating 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Expro Americas, LLC 401(k) Retirement Savings Plan in TX (223 participants, N/A in assets).

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) - original filing retrieval by EIN 381543409.

Read our methodology - how this data is sourced, computed, and verified.

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