401(k) · DOL Form 5500 · 2022

General Grind and Machine, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
277
Participants Below avg headcount
81st
Percentile by assets National rank
$93,868
Avg per participant Below avg balance/head
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Official DOL plan name: General Grind and Machine, Inc. Profit Sharing Plan and Trust · Sponsored by General Grind and Machine, Inc. · Illinois · Manufacturing

$26M in assets, 277 participants

General Grind and Machine, Inc.'s General Grind and Machine, Inc. Profit Sharing Plan and Trust reported $26M in total assets and 277 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #15,050 in Manufacturing (20,602 peers)

Coverage in Illinois

General Grind and Machine, Inc. Profit Sharing Plan and Trust covers 277 participants in Illinois, about 36% of the average Illinois filer (state average ~779 per filing). Assets: $26M.

#15,050
in Manufacturing (20,602 peers)
-14.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

General Grind and Machine, Inc. Profit Sharing Plan and Trust's outsized position by total assets

General Grind and Machine, Inc. Profit Sharing Plan and Trust vs every filed plan by assets

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

$26,001,512 Top 19% higher than 81% 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

General Grind and Machine, Inc. Profit Sharing Plan and Trust 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. General Grind and Machine, Inc. Profit Sharing Plan and Trust sits mid-pack in the medium band (277 participants).

EBSA filing schedule strip

Filing strip 363049009 · General Grind and Machine, Inc. PY 2022 · 401(k)

General Grind and Machine, Inc. Profit Sharing Plan and Trust · $26M · 277 · 81st

  • 5500 $26M
  • ASSETS 277
  • PCT 81st
  • EIN 401(k)
  • RANK near Advanced Programs, Inc. 401(k) Plan
  • PHOTO ind #15050

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 Illinois →

General Grind and Machine, Inc. Profit Sharing Plan and Trust in the asset neighbourhood

General Grind and Machine, Inc. Profit Sharing Plan and TrustGeneral Grind and Machine, I…$26MAdvanced Programs, Inc. 401(k) PlanAdvanced Programs, Inc. 401(…$26MRonco Employees 401(k) Savings PlanRonco Employees 401(k) Savin…$26MFish & Richardson Associates' 401(k) PlanFish & Richardson Associates…$26MMarx/Okubo Associates, Ltd. 401(k) Profit Sharing Plan and TrustMarx/Okubo Associates, Ltd. …$26M
End-of-year total assets ($M) among General Grind and Machine, Inc. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$26M
Net Income-$4M
Employer EIN363049009
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Grind and Machine, Inc.)

Sponsor-wide plan assets over time

All General Grind and Machine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33M 26.534014637302633% vs 2022
2024 filing year
$25M$30M$35M 202220232024 $26M $32.9M ▲ +26.5%
Year Plans Participants Total Assets
2022 1 277 $26M
2023 1 348 $30M
2024 1 312 $33M

Nearby 401(k) Plans in Illinois

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

General Grind and Machine, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants General Grind and Machine, Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.026001512 · Participants: 277General Grind and Machine, Inc. Profit Sharing Plan and TrustState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
General Grind and Machine, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants

General Grind and Machine, Inc. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Advanced Programs, Inc. 401(k) Plan in MD ($26M); by covered participants it is Lindamood 401(k) and Profit Sharing Plan in TX (277 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (277 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 General Grind and Machine, Inc. Profit Sharing Plan and Trust assets move in 2022?
General Grind and Machine, Inc. Profit Sharing Plan and Trust pulled back noticeably - down 14.0% during 2022, from $30M to $26M. Reported net income was -$4M.
How have General Grind and Machine, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), General Grind and Machine, Inc.'s sponsor-wide assets grew 26.5%, from $26M to $33M.
Where does General Grind and Machine, Inc. Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
General Grind and Machine, Inc. Profit Sharing Plan and Trust ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to General Grind and Machine, Inc. Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Advanced Programs, Inc. 401(k) Plan in MD ($26M, 141 participants).
Which 401(k) plans cover a similar participant headcount to General Grind and Machine, Inc. Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Lindamood 401(k) and Profit Sharing Plan in TX (277 participants, $1M in assets).