401(k) · DOL Form 5500 · 2022

Industrial Maintenance, Welding & Machining Company, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
96
Participants Small participant base
48th
Percentile by assets National rank
$45,206
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Industrial Maintenance, Welding & Machining 401(k) Plan · Sponsored by Industrial Maintenance, Welding & Machining Company, Inc. · Indiana · Manufacturing

$4M in assets, 96 participants

Industrial Maintenance, Welding & Machining Company, Inc.'s Industrial Maintenance, Welding & Machining 401(k) Plan reported $4M in total assets and 96 participants in its 2022 DOL Form 5500 filing, ranking in the 48th 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.

  • #6,389 in Manufacturing (20,602 peers)

2022 asset change

Industrial Maintenance, Welding & Machining 401(k) Plan declined sharply 16.8% in 2022 ($5M → $4M) for 96 participants.

#6,389
in Manufacturing (20,602 peers)
-16.8%
assets change YoY

The plan reported a net loss of $877K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industrial Maintenance, Welding & Machining 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Industrial Maintenance, Welding & Machining 401(k) Plan vs every filed plan by assets

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

$4,339,778 48th percentile higher than 48% 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

Industrial Maintenance, Welding & Machining 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. Industrial Maintenance, Welding & Machining 401(k) Plan is a small filing (96 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 351347953 · Industrial Maintenance, Welding & Machining Company, Inc. PY 2022 · 401(k)

Industrial Maintenance, Welding & Machining 401(k) Plan · $4M · 96 · 48th

  • PHOTO $4M
  • IND 96
  • EOY 48th
  • 5500 401(k)
  • ASSETS near Max International Converters, Inc. 401(k) Profit Sharing Plan
  • PCT ind #6389

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 →

Industrial Maintenance, Welding & Machining 401(k) Plan in the asset neighbourhood

Industrial Maintenance, Welding & Machining 401(k) PlanIndustrial Maintenance, Weld…$4MMax International Converters, Inc. 401(k) Profit Sharing PlanMax International Converters…$4MAnaconda Inc 401(k) Plan$4MShults Auto Group 401(k) Plan$4MManson Construction Co. Non-Union Craft 401(k) PlanManson Construction Co. Non-…$4M
End-of-year total assets ($M) among Industrial Maintenance, Welding & Machining 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$877K
Employer EIN351347953
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Industrial Maintenance, Welding & Machining 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Industrial Maintenance, Welding & Machining 401(k) Plan, Total assets ($B): 0.004339778 · Participants: 96Industrial Maintenance, Welding & Machining 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Industrial Maintenance, Welding & Machining 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Industrial Maintenance, Welding & Machining 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Max International Converters, Inc. 401(k) Profit Sharing Plan in PA ($4M); by covered participants it is Carolina Hearts Home Care 401(k) P/S Plan in NC (96 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (96 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 Industrial Maintenance, Welding & Machining 401(k) Plan assets move in 2022?
Industrial Maintenance, Welding & Machining 401(k) Plan declined sharply - down 16.8% during 2022, from $5M to $4M. Reported net income was -$877K.
Which 401(k) plans are similar in size to Industrial Maintenance, Welding & Machining 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Max International Converters, Inc. 401(k) Profit Sharing Plan in PA ($4M, 31 participants).
Which 401(k) plans cover a similar participant headcount to Industrial Maintenance, Welding & Machining 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Carolina Hearts Home Care 401(k) P/S Plan in NC (96 participants, $46K in assets).