401(k) · DOL Form 5500 · 2022

Mate Precision Technologies 401(k) Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
269
Participants Below avg headcount
90th
Percentile by assets National rank
$228,766
Avg per participant Above avg balance/head
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Official DOL plan name: Mate Precision Technologies Employee Retirement Savings Plan · Sponsored by Mate Precision Technologies · Minnesota · Manufacturing

$62M in assets, 269 participants

Mate Precision Technologies's Mate Precision Technologies Employee Retirement Savings Plan reported $62M in total assets and 269 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #17,424 in Manufacturing (20,602 peers)

Coverage in Minnesota

Mate Precision Technologies Employee Retirement Savings Plan covers 269 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $62M.

#17,424
in Manufacturing (20,602 peers)
-26.8%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mate Precision Technologies Employee Retirement Savings Plan's outsized position by total assets

Mate Precision Technologies Employee Retirement Savings Plan vs every filed plan by assets

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

$61,538,153 Top 10% higher than 90% 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

Mate Precision Technologies Employee Retirement Savings 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. Mate Precision Technologies Employee Retirement Savings Plan sits mid-pack in the medium band (269 participants).

EBSA filing schedule strip

Filing strip 410881512 · Mate Precision Technologies PY 2022 · 401(k)

Mate Precision Technologies Employee Retirement Savings Plan · $62M · 269 · 90th

  • PART $62M
  • PART 269
  • PART 90th
  • PART 401(k)
  • PART near American Institute for Cpcu Savings Plan
  • PART ind #17424

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 Minnesota →

Mate Precision Technologies Employee Retirement Savings Plan in the asset neighbourhood

Cnhi, LLC 401(k) Plan$62MOmnimax International, LLC Retirement and Savings PlanOmnimax International, LLC R…$62MMate Precision Technologies Employee Retirement Savings PlanMate Precision Technologies …$62MAmerican Institute for Cpcu Savings PlanAmerican Institute for Cpcu …$62MV-T Industries, Inc. Retirement/Savings PlanV-T Industries, Inc. Retirem…$62M
End-of-year total assets ($M) among Mate Precision Technologies Employee Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$84M
Net Assets (End of Year)$62M
Net Income-$23M
Employer EIN410881512
Plan Effective Date1967-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mate Precision Technologies)

Sponsor-wide plan assets over time

All Mate Precision Technologies plans reported in each filing year

Latest sponsor-wide plan assets
$84M 35.794442839387784% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $61.5M $83.6M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 269 $62M
2023 1 269 $72M
2024 1 271 $84M

Nearby 401(k) Plans in Minnesota

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

Mate Precision Technologies Employee Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Mate Precision Technologies Employee Retirement Savings Plan, Total assets ($B): 0.061538153 · Participants: 269Mate Precision Technologies Employee Retirement Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Mate Precision Technologies Employee Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Mate Precision Technologies Employee Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is American Institute for Cpcu Savings Plan in PA ($62M); by covered participants it is Werner Affiliated Companies Employees Savings Trust in NE (269 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($62M here).

Similar participant headcount

Nearest other-state filings by covered participants (269 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 Mate Precision Technologies Employee Retirement Savings Plan assets move in 2022?
Mate Precision Technologies Employee Retirement Savings Plan declined sharply - down 26.8% during 2022, from $84M to $62M. Reported net income was -$23M.
How have Mate Precision Technologies plan assets changed over time?
Across 3 plan years on file (2022-2024), Mate Precision Technologies's sponsor-wide assets grew 35.8%, from $62M to $84M.
Where does Mate Precision Technologies Employee Retirement Savings Plan rank by assets among Form 5500 filers?
Mate Precision Technologies Employee Retirement Savings Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Mate Precision Technologies Employee Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is American Institute for Cpcu Savings Plan in PA ($62M, 285 participants).
Which 401(k) plans cover a similar participant headcount to Mate Precision Technologies Employee Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Werner Affiliated Companies Employees Savings Trust in NE (269 participants, $12M in assets).