401(k) · DOL Form 5500 · 2022

Machinists, Inc. 401(k) Savings Plan & Trust

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

$20M
Total assets
132
Participants
63th
Percentile by assets

Sponsored by Machinists, Inc. · Washington · Manufacturing

What the 2022 filing shows

Machinists, Inc. 401(k) Savings Plan & Trust holds $20M for 132 participants - about $150,737 per participant, above the median plan by assets, down 14.8% over the 2022 plan year.

$20M
total plan assets (2022 EOY)
132
covered participants
63th
percentile by assets (of 84,055 plans)
$150,737
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$20M
Participants
132
State
Industry
Manufacturing

What the Filing Says About Machinists, Inc. 401(k) Savings Plan & Trust

Machinists, Inc. 401(k) Savings Plan & Trust is a 401(k) retirement plan sponsored by Machinists, Inc., headquartered in Washington. As of the 2022 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 132 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 910694678, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $23M at the beginning of 2022 to $20M at year-end - a decline of 14.8%. Net assets (after liabilities) closed the year at $20M, with reported net income of $-3,443,877 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)$23M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$-3,443,877
Plan Type401(k)
Employer EIN910694678
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Machinists, Inc.)

Year Plans Participants Total Assets
2022 1 132 $20M
2023 1 121 $22M
2024 1 119 $22M

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Frequently Asked Questions

How much money is in the Machinists, Inc. 401(k) Savings Plan & Trust?
As of the 2022 Form 5500 filing, Machinists, Inc. 401(k) Savings Plan & Trust holds $20M in total assets with 132 participants. It is sponsored by Machinists, Inc..
What type of plan is Machinists, Inc. 401(k) Savings Plan & Trust?
Machinists, Inc. 401(k) Savings Plan & Trust is a 401(k) plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 910694678.
Who sponsors the Machinists, Inc. 401(k) Savings Plan & Trust?
Machinists, Inc. 401(k) Savings Plan & Trust is sponsored by Machinists, Inc., located in Washington. The sponsor's EIN is 910694678 and the plan operates in the Manufacturing industry.
How did Machinists, Inc. 401(k) Savings Plan & Trust perform in 2022?
Machinists, Inc. 401(k) Savings Plan & Trust declined by 14.8% during 2022, moving from $23M to $20M in total assets. Net income was $-3,443,877.
Where can I find official filings for Machinists, Inc. 401(k) Savings Plan & Trust?
Official Form 5500 filings for Machinists, Inc. 401(k) Savings Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 910694678 or plan name at efast.dol.gov.
How does Machinists, Inc. 401(k) Savings Plan & Trust compare to other plans?
You can compare Machinists, Inc. 401(k) Savings Plan & Trust against other 401(k) plans on the plan type page, or view plans in Washington on the state page. PlainRetire tracks all 133,317 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 910694678.

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.