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

Engel Machinery, Inc 401(k) Savings Plan

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

Sponsored by Engel Machinery, Inc · Pennsylvania · Manufacturing

What the 2023 filing shows

Engel Machinery, Inc 401(k) Savings Plan holds $25M for 225 participants — about $110,483 per participant, down 18.8% over the 2022 plan year.

$25M
total plan assets (2022 EOY)
225
covered participants
$110,483
avg assets per participant
-18.8%
assets change YoY

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.

Total Assets (2023)
$25M
Participants
225
State
Industry
Manufacturing

What the Filing Says About Engel Machinery, Inc 401(k) Savings Plan

Engel Machinery, Inc 401(k) Savings Plan is a 401(k) retirement plan sponsored by Engel Machinery, Inc, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 225 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 232532651, and the plan has been effective since 1991-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $31M at the beginning of 2022 to $25M at year-end — a decline of 18.8%. Net assets (after liabilities) closed the year at $25M, with reported net income of $-5,747,811 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)$31M
Total Assets (End of Year)$25M
Net Assets (End of Year)$25M
Net Income$-5,747,811
Plan Type401(k)
Employer EIN232532651
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Engel Machinery, Inc)

Year Plans Participants Total Assets
2022 1 225 $25M
2023 1 239 $31M
2024 1 248 $35M

Nearby 401(k) Plans in Pennsylvania

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Frequently Asked Questions

How much money is in the Engel Machinery, Inc 401(k) Savings Plan?
As of the 2022 Form 5500 filing, Engel Machinery, Inc 401(k) Savings Plan holds $25M in total assets with 225 participants. It is sponsored by Engel Machinery, Inc.
What type of plan is Engel Machinery, Inc 401(k) Savings Plan?
Engel Machinery, Inc 401(k) Savings Plan is a 401(k) plan. It has been effective since 1991-01-01. The plan is filed with the U.S. Department of Labor under EIN 232532651.
Who sponsors the Engel Machinery, Inc 401(k) Savings Plan?
Engel Machinery, Inc 401(k) Savings Plan is sponsored by Engel Machinery, Inc, located in Pennsylvania. The sponsor's EIN is 232532651 and the plan operates in the Manufacturing industry.
How did Engel Machinery, Inc 401(k) Savings Plan perform in 2022?
Engel Machinery, Inc 401(k) Savings Plan declined by 18.8% during 2022, moving from $31M to $25M in total assets. Net income was $-5,747,811.
Where can I find official filings for Engel Machinery, Inc 401(k) Savings Plan?
Official Form 5500 filings for Engel Machinery, Inc 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 232532651 or plan name at efast.dol.gov.
How does Engel Machinery, Inc 401(k) Savings Plan compare to other plans?
You can compare Engel Machinery, Inc 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania 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) — original filing retrieval by EIN 232532651.

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

Reference: IRS Publication 590-B — 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.