401(k) · DOL Form 5500 · 2022

Huffman Welding & Machine, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
71
Participants Small participant base
40th
Percentile by assets National rank
$41,485
Avg per participant Low balance/head
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Official DOL plan name: Huffman Welding & Machine, Inc. 401(k) Plan · Sponsored by Huffman Welding & Machine, Inc. · Iowa · Wholesale Trade

$3M in assets, 71 participants

Huffman Welding & Machine, Inc.'s Huffman Welding & Machine, Inc. 401(k) Plan reported $3M in total assets and 71 participants in its 2022 DOL Form 5500 filing, ranking in the 40th 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.

  • #1,876 in Wholesale Trade (6,843 peers)

Huffman Welding & Machine, Inc. multi-year trail

Huffman Welding & Machine, Inc.'s plans moved +22.2% in assets from 2022 to 2024; this filing shows Huffman Welding & Machine, Inc. 401(k) Plan at $3M / 71 participants.

#1,876
in Wholesale Trade (6,843 peers)
-12.5%
assets change YoY

The plan reported a net loss of $419K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Huffman Welding & Machine, Inc. 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Huffman Welding & Machine, Inc. 401(k) Plan vs every filed plan by assets

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

$2,945,467 40th percentile higher than 40% 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

Huffman Welding & Machine, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Huffman Welding & Machine, Inc. 401(k) Plan is a small filing (71 participants) on this national headcount ladder.

DOL schedule card

Filing strip 421108853 · Huffman Welding & Machine, Inc. PY 2022 · 401(k)

Huffman Welding & Machine, Inc. 401(k) Plan · $3M · 71 · 40th

  • 5500 $3M
  • ASSETS 71
  • PCT 40th
  • EIN 401(k)
  • RANK near Cumberland Watersports, Inc. 401(k) Plan
  • PHOTO ind #1876

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 Wholesale Trade retirement plans → · Plans in Iowa →

Huffman Welding & Machine, Inc. 401(k) Plan in the asset neighbourhood

Huffman Welding & Machine, Inc. 401(k) PlanHuffman Welding & Machine, I…$3MCumberland Watersports, Inc. 401(k) PlanCumberland Watersports, Inc.…$3MTailored Companies, Et. Al. Retirement PlanTailored Companies, Et. Al. …$3MVita Inc 401(k)$3MHeller Pension Associates, Inc. 401(k) Profit Sha Ring Plan & TrustHeller Pension Associates, I…$3M
End-of-year total assets ($M) among Huffman Welding & Machine, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Huffman Welding & Machine, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Huffman Welding & Machine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 22.219260986458174% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.95M $3.6M ▲ +22.0%
Year Plans Participants Total Assets
2022 1 71 $3M
2023 1 76 $4M
2024 1 78 $4M

Huffman Welding & Machine, Inc. filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$419K
Employer EIN421108853
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Iowa

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

Huffman Welding & Machine, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Huffman Welding & Machine, Inc. 401(k) Plan, Total assets ($B): 0.002945467 · Participants: 71Huffman Welding & Machine, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Huffman Welding & Machine, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Huffman Welding & Machine, Inc. 401(k) Plan side-by-side with 3 peers →

Huffman Welding & Machine, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Cumberland Watersports, Inc. 401(k) Plan in TN ($3M); by covered participants it is Human Resource Training, Inc. 401(k) Profit Sharing Plan in AZ (71 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (71 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 Huffman Welding & Machine, Inc. 401(k) Plan assets move in 2022? ▼
Huffman Welding & Machine, Inc. 401(k) Plan pulled back noticeably - down 12.5% during 2022, from $3M to $3M. Reported net income was -$419K.
How have Huffman Welding & Machine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Huffman Welding & Machine, Inc.'s sponsor-wide assets grew 22.2%, from $3M to $4M.
Which 401(k) plans are similar in size to Huffman Welding & Machine, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cumberland Watersports, Inc. 401(k) Plan in TN ($3M, 4 participants).
Which 401(k) plans cover a similar participant headcount to Huffman Welding & Machine, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Human Resource Training, Inc. 401(k) Profit Sharing Plan in AZ (71 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 421108853.

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.