401(k) · DOL Form 5500 · 2022

Metalworks, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
192
Participants Below avg headcount
73rd
Percentile by assets National rank
$79,310
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Metalworks, Inc. Profit Sharing and Retirement Plan · Sponsored by Metalworks, Inc. · Michigan · Manufacturing

$15M in assets, 192 participants

Metalworks, Inc.'s Metalworks, Inc. Profit Sharing and Retirement Plan reported $15M in total assets and 192 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #12,836 in Manufacturing (20,602 peers)

Coverage in Michigan

Metalworks, Inc. Profit Sharing and Retirement Plan covers 192 participants in Michigan, about 30% of the average Michigan filer (state average ~638 per filing). Assets: $15M.

#12,836
in Manufacturing (20,602 peers)
-13.8%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Metalworks, Inc. Profit Sharing and Retirement Plan's outsized position by total assets

Metalworks, Inc. Profit Sharing and Retirement Plan vs every filed plan by assets

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

$15,227,429 Top 27% higher than 73% 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

Metalworks, Inc. Profit Sharing and Retirement 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. Metalworks, Inc. Profit Sharing and Retirement Plan sits mid-pack in the medium band (192 participants).

Form 5500 schedule snapshot

Filing strip 381898020 · Metalworks, Inc. PY 2022 · 401(k)

Metalworks, Inc. Profit Sharing and Retirement Plan · $15M · 192 · 73rd

  • SCH $15M
  • EBSA 192
  • PART 73rd
  • TYPE 401(k)
  • NET near Hurst Boiler & Welding Co., Inc. 401(k) Plan
  • BOOK ind #12836

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 →

Metalworks, Inc. Profit Sharing and Retirement Plan in the asset neighbourhood

Metalworks, Inc. Profit Sharing and Retirement PlanMetalworks, Inc. Profit Shar…$15MHurst Boiler & Welding Co., Inc. 401(k) PlanHurst Boiler & Welding Co., …$15MTip Top Poultry, Inc. Retirement / Savings 401(k) PlanTip Top Poultry, Inc. Retire…$15MThe American Legion Employees' Salary Savings PlanThe American Legion Employee…$15MNexion Health, Inc. 401(k) Plan and TrustNexion Health, Inc. 401(k) P…$15M
End-of-year total assets ($M) among Metalworks, Inc. Profit Sharing and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$15M
Net Income-$2M
Employer EIN381898020
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metalworks, Inc.)

Sponsor-wide plan assets over time

All Metalworks, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 6.252887470366797% vs 2022
2024 filing year
$15M$15.5M$16M$16.5M 202220232024 $15.2M $16.2M ▲ +6.2%
Year Plans Participants Total Assets
2022 1 192 $15M
2023 1 202 $15M
2024 1 210 $16M

Nearby 401(k) Plans in Michigan

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

Metalworks, Inc. Profit Sharing and Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Metalworks, Inc. Profit Sharing and Retirement Plan, Total assets ($B): 0.015227429 · Participants: 192Metalworks, Inc. Profit Sharing and Retirement 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
Metalworks, Inc. Profit Sharing and Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Metalworks, Inc. Profit Sharing and Retirement Plan side-by-side with 3 peers →

Metalworks, Inc. Profit Sharing and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Hurst Boiler & Welding Co., Inc. 401(k) Plan in GA ($15M); by covered participants it is Discovery Living, Inc. 401(k) Plan in IA (192 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (192 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 Metalworks, Inc. Profit Sharing and Retirement Plan assets move in 2022? ▼
Metalworks, Inc. Profit Sharing and Retirement Plan pulled back noticeably - down 13.8% during 2022, from $18M to $15M. Reported net income was -$2M.
How have Metalworks, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metalworks, Inc.'s sponsor-wide assets grew 6.3%, from $15M to $16M.
Which 401(k) plans are similar in size to Metalworks, Inc. Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hurst Boiler & Welding Co., Inc. 401(k) Plan in GA ($15M, 177 participants).
Which 401(k) plans cover a similar participant headcount to Metalworks, Inc. Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Discovery Living, Inc. 401(k) Plan in IA (192 participants, $2M 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 381898020.

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.