401(k) · DOL Form 5500 · 2022

Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees

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

$2M
Total assets
188
Participants
11th
Percentile by assets

Sponsored by Martinrea Industries, Inc. · Michigan · Manufacturing

What the 2022 filing shows

Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees holds $2M for 188 participants - about $10,318 per participant, among the smaller plans by assets on file, down 3.8% over the 2022 plan year.

$2M
total plan assets (2022 EOY)
188
covered participants
11th
percentile by assets (of 84,055 plans)
$10,318
avg assets per participant

The plan reported a net loss of $76K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$2M
Participants
188
State
Industry
Manufacturing

What the Filing Says About Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees

Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees is a 401(k) retirement plan sponsored by Martinrea Industries, Inc., headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 188 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 020534783, and the plan has been effective since 2005-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2022 to $2M at year-end - a decline of 3.8%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-76,061 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)$2M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-76,061
Plan Type401(k)
Employer EIN020534783
Plan Effective Date2005-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martinrea Industries, Inc.)

Year Plans Participants Total Assets
2022 2 3,284 $89M
2023 1 3,103 $104M
2024 1 3,212 $121M

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees?
As of the 2022 Form 5500 filing, Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees holds $2M in total assets with 188 participants. It is sponsored by Martinrea Industries, Inc..
What type of plan is Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees?
Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees is a 401(k) plan. It has been effective since 2005-06-01. The plan is filed with the U.S. Department of Labor under EIN 020534783.
Who sponsors the Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees?
Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees is sponsored by Martinrea Industries, Inc., located in Michigan. The sponsor's EIN is 020534783 and the plan operates in the Manufacturing industry.
How did Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees perform in 2022?
Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees declined by 3.8% during 2022, moving from $2M to $2M in total assets. Net income was $-76,061.
Where can I find official filings for Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees?
Official Form 5500 filings for Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 020534783 or plan name at efast.dol.gov.
How does Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees compare to other plans?
You can compare Martinrea Industries, Inc. Employees Savings and Investment Plan - Icon Union Employees against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

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 020534783.

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.