401(k) · DOL Form 5500 · 2022

Altra Industrial Motion Corp 401(k) Plan

Data updated 2026-08-11

$262M
Total assets
3,412
Participants
96th
Percentile by assets
$76,681
Avg per participant
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Official DOL plan name: Altra Industrial Motion Corp. 401(k) Savings Plan · Sponsored by Altra Industrial Motion Corp · Massachusetts · Manufacturing

$262M in assets, 3,412 participants

Altra Industrial Motion Corp's Altra Industrial Motion Corp. 401(k) Savings Plan reported $262M in total assets and 3,412 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #19,431 in Manufacturing (20,602 peers)

Coverage in Massachusetts

Altra Industrial Motion Corp. 401(k) Savings Plan covers 3,412 participants in Massachusetts, 5.2x the typical Massachusetts plan (state average ~659 per filing). Assets: $262M.

$262M
total plan assets (2022 EOY)
3,412
covered participants
96th
percentile by assets (of 139,126 plans)
$76,681
avg assets per participant

The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Altra Industrial Motion Corp. 401(k) Savings Plan reports 3,412 participants - 5.2x that state average ($262M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$306M
Net Assets (End of Year)$262M
Net Income-$45M
Employer EIN611478870
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Altra Industrial Motion Corp)

$278M$280M$282M$284M$286M$288M 20222023 $280M $286M ▲ +2.3%
Total plan assets by year, all Altra Industrial Motion Corp plans on file
Year Plans Participants Total Assets
2022 2 3,629 $280M
2023 2 3,466 $286M

Nearby 401(k) Plans in Massachusetts

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

Altra Industrial Motion Corp. 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Altra Industrial Motion Corp. 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -50510152025 Total assets ($B) Participants Altra Industrial Mot…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Altra Industrial Motion Corp. 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Altra Industrial Motion Corp. 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Altra Industrial Motion Corp. 401(k) Savings Plan assets move in 2022?
Altra Industrial Motion Corp. 401(k) Savings Plan pulled back noticeably - down 14.4% during 2022, from $306M to $262M. Reported net income was -$45M.
How have Altra Industrial Motion Corp plan assets changed over time?
Across 2 plan years on file (2022-2023), Altra Industrial Motion Corp's sponsor-wide assets grew 2.3%, from $280M to $286M.
Where does Altra Industrial Motion Corp. 401(k) Savings Plan rank by assets among Form 5500 filers?
Altra Industrial Motion Corp. 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Altra Industrial Motion Corp. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is American Woodmark Corporation Retirement Savings Plan in VA ($262M, 7,809 participants).

Next read for Altra Industrial Motion Corp. 401(k) Sav…

Filing takeaways

Ways to act on Altra Industrial Motion Corp. 401(k) Savings Plan's numbers.

  • By total assets, Altra Industrial Motion Corp. 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Altra Industrial Motion Corp's sponsor-wide assets have grown 2.3% since 2022 across 2 plan years on file. More Manufacturing plans