401(k) · DOL Form 5500 · 2022

Industrial Magnetics, Inc 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
208
Participants Below avg headcount
79th
Percentile by assets National rank
$109,183
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Imi Holding Corporation 401(k) Profit Sharing Plan · Sponsored by Industrial Magnetics, Inc · Michigan · Manufacturing

$23M in assets, 208 participants

Industrial Magnetics, Inc's Imi Holding Corporation 401(k) Profit Sharing Plan reported $23M in total assets and 208 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #14,535 in Manufacturing (20,602 peers)

Coverage in Michigan

Imi Holding Corporation 401(k) Profit Sharing Plan covers 208 participants in Michigan, about 33% of the average Michigan filer (state average ~638 per filing). Assets: $23M.

#14,535
in Manufacturing (20,602 peers)
-11.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Imi Holding Corporation 401(k) Profit Sharing Plan's outsized position by total assets

Imi Holding Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$22,710,044 Top 21% higher than 79% 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

Imi Holding Corporation 401(k) Profit Sharing Plan 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. Imi Holding Corporation 401(k) Profit Sharing Plan sits mid-pack in the medium band (208 participants).

EBSA filing schedule strip

Filing strip 381684048 · Industrial Magnetics, Inc PY 2022 · 401(k)

Imi Holding Corporation 401(k) Profit Sharing Plan · $23M · 208 · 79th

  • BOOK $23M
  • VS-ST 208
  • BOY 79th
  • SCH 401(k)
  • EBSA near Koeller Nebeker Carlson & Haluck, LLP 401(k) Plan
  • PART ind #14535

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 →

Imi Holding Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Imi Holding Corporation 401(k) Profit Sharing PlanImi Holding Corporation 401(…$23MKoeller Nebeker Carlson & Haluck, LLP 401(k) PlanKoeller Nebeker Carlson & Ha…$23MNercon Eng. & Mfg. Inc .Retirement Savings PlanNercon Eng. & Mfg. Inc .Reti…$23MDelaware North Companies Gaming and Entertainment Inc. West Virginia Retirement Savings PlanDelaware North Companies Gam…$23MKem Krest Profit Sharing & Retirement PlanKem Krest Profit Sharing & R…$23M
End-of-year total assets ($M) among Imi Holding Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$23M
Net Income-$3M
Employer EIN381684048
Plan Effective Date1973-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Industrial Magnetics, Inc)

Sponsor-wide plan assets over time

All Industrial Magnetics, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$29M 26.103370825701617% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $22.7M $28.6M ▲ +26.1%
Year Plans Participants Total Assets
2022 1 208 $23M
2023 1 220 $27M
2024 1 220 $29M

Nearby 401(k) Plans in Michigan

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

Imi Holding Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Imi Holding Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.022710044 · Participants: 208Imi Holding Corporation 401(k) Profit Sharing PlanGeneral 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
Imi Holding Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Imi Holding Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

Imi Holding Corporation 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Koeller Nebeker Carlson & Haluck, LLP 401(k) Plan in CA ($23M); by covered participants it is Markforged, Inc Retirement Plan in MA (208 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (208 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 Imi Holding Corporation 401(k) Profit Sharing Plan assets move in 2022? ▼
Imi Holding Corporation 401(k) Profit Sharing Plan pulled back noticeably - down 11.4% during 2022, from $26M to $23M. Reported net income was -$3M.
How have Industrial Magnetics, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Industrial Magnetics, Inc's sponsor-wide assets grew 26.1%, from $23M to $29M.
Where does Imi Holding Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Imi Holding Corporation 401(k) Profit Sharing Plan ranks in the 79th 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 Imi Holding Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Koeller Nebeker Carlson & Haluck, LLP 401(k) Plan in CA ($23M, 191 participants).
Which 401(k) plans cover a similar participant headcount to Imi Holding Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Markforged, Inc Retirement Plan in MA (208 participants, $4M 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 381684048.

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.