401(k) · DOL Form 5500 · 2022
Major Tool & Machine, Inc. 401(k) Plan
Data updated 2026-08-25
- $80M
- Total assets Below avg plan size
- 391
- Participants Below avg headcount
- 91st
- Percentile by assets National rank
- $205,403
- Avg per participant Above avg balance/head
Official DOL plan name: Major Tool & Machine Inc. Personal Savings Plan · Sponsored by Major Tool & Machine, Inc. · Indiana · Manufacturing
$80M in assets, 391 participants
Major Tool & Machine, Inc.'s Major Tool & Machine Inc. Personal Savings Plan reported $80M in total assets and 391 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.
- #17,946 in Manufacturing (20,602 peers)
Where Major Tool & Machine Inc. Personal Savings Plan sits by assets
Major Tool & Machine Inc. Personal Savings Plan sits in the top 10% of all filed plans by assets, $80M for 391 participants (~$205,403/participant), up 21.1% in 2022.
- #17,946
- in Manufacturing (20,602 peers)
- +21.1%
- assets growth YoY
- 0.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Major Tool & Machine Inc. Personal Savings Plan's outsized position by total assets
Major Tool & Machine Inc. Personal Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$80,312,639 Top 9% higher than 91% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Major Tool & Machine Inc. Personal Savings 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. Major Tool & Machine Inc. Personal Savings Plan sits mid-pack in the medium band (391 participants).
EBSA filing schedule strip
Filing strip 350848038 · Major Tool & Machine, Inc. PY 2022 · 401(k)
Major Tool & Machine Inc. Personal Savings Plan · $80M · 391 · 91st
- EBSA $80M
- PART 391
- TYPE 91st
- NET 401(k)
- BOOK near Highland Clinic, a P.M.C. 401(k) Profit Sharing Plan
- VS-ST ind #17946
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 Indiana →
Major Tool & Machine Inc. Personal Savings Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $66M |
|---|---|
| Net Assets (End of Year) | $80M |
| Net Income | -$15M |
| Employer EIN | 350848038 |
| Plan Effective Date | 1995-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Major Tool & Machine, Inc.)
Sponsor-wide plan assets over time
All Major Tool & Machine, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $152M 89.14344851748677% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 391 | $80M |
| 2023 | 1 | 1,044 | $133M |
| 2024 | 1 | 1,443 | $152M |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Elevance Health 401(k) Plan $9.5B · 71,898
- The Lilly Employee 401(k) Plan $8.9B · 15,607
- Cummins Retirement and Savings Plan $4.4B · 23,710
- Iu Health 401(k) Savings Plan $3.2B · 39,243
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.0B · 8,632
Major Tool & Machine Inc. Personal Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Highland Clinic, a P.M.C. 401(k) Profit Sharing Plan in LA ($80M); by covered participants it is Koroseal Interior Products Retirement Savings Plan and Trust in OH (391 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($80M here).
- Highland Clinic, a P.M.C. 401(k) Profit Sharing Plan (LA) $80M · 213
- Iron Bow Technologies, LLC 401(k) Plan (VA) $80M · 925
- Relation Insurance, Inc. Retirement Savings Plan (KS) $80M · 1,046
- Calspan Corporation 401(k) Plan (NY) $80M · 563
Similar participant headcount
Nearest other-state filings by covered participants (391 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.