401(k) · DOL Form 5500 · 2023

Mill Masters Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
25
Participants Small participant base
26th
Percentile by assets National rank
$51,847
Avg per participant Low balance/head
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Official DOL plan name: Mill Masters, Inc. 401(k) Plan · Sponsored by Mill Masters Inc. · Tennessee · Manufacturing

$1M in assets, 25 participants

Mill Masters Inc.'s Mill Masters, Inc. 401(k) Plan reported $1M in total assets and 25 participants in its 2023 DOL Form 5500 filing, ranking in the 26th 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.

  • #2,194 in Manufacturing (18,722 peers)

2023 asset change

Mill Masters, Inc. 401(k) Plan grew sharply 22.7% in 2023 ($1M → $1M) for 25 participants.

#2,194
in Manufacturing (18,722 peers)
+22.7%
assets growth YoY

Mill Masters, Inc. 401(k) Plan among the smaller filed plans by assets

Mill Masters, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,296,174 26th percentile higher than 26% of 127,068 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 2023

Mill Masters, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mill Masters, Inc. 401(k) Plan is a small filing (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mill Masters, Inc. 401(k) Plan reported net income rose from -$71K in the plan year 2022 filing to $239K in the plan year 2023 filing.
  • Mill Masters, Inc. 401(k) Plan end-of-year assets rose from $1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Mill Masters, Inc. 401(k) Plan reported participants rose from 24 in the plan year 2022 filing to 25 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 621501520 · Mill Masters Inc. PY 2023 · 401(k)

Mill Masters, Inc. 401(k) Plan · $1M · 25 · 26th

  • BOY $1M
  • SCH 25
  • EBSA 26th
  • PART 401(k)
  • TYPE near Patterson Precision Manufacturing, Inc. 401(k) Plan
  • NET ind #2194

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 Tennessee →

Mill Masters, Inc. 401(k) Plan in the asset neighbourhood

Mill Masters, Inc. 401(k) PlanMill Masters, Inc. 401(k) Pl…$1MPatterson Precision Manufacturing, Inc. 401(k) PlanPatterson Precision Manufact…$1MThe 29 Group, Inc. 401(k) PlanThe 29 Group, Inc. 401(k) Pl…$1MClj Consulting & Contracting 401(k) Profit Sharing PlanClj Consulting & Contracting…$1MInnovative Choices, Inc. 401(k) Profit Sharing PlanInnovative Choices, Inc. 401…$1M
End-of-year total assets ($M) among Mill Masters, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mill Masters Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Mill Masters Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 1.2235327070258977% vs 2022
2024 filing year
$1M$1.1M$1.2M$1.3M$1.4M 202220232024 $1.06M $1.07M ▲ +0.9%
Year Plans Participants Total Assets
2022 1 24 $1M
2023 1 25 $1M
2024 1 28 $1M

2023 asset-move particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$239K
Employer EIN621501520
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

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

Mill Masters, Inc. 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Mill Masters, Inc. 401(k) Plan, Total assets ($B): 0.001296174 · Participants: 25Mill Masters, Inc. 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Mill Masters, Inc. 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Mill Masters, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Patterson Precision Manufacturing, Inc. 401(k) Plan in MI ($1M); by covered participants it is Pyromet 401(k) Plan in PA (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mill Masters, Inc. 401(k) Plan assets move in 2023?
Mill Masters, Inc. 401(k) Plan grew sharply - up 22.7% during 2023, from $1M to $1M. Reported net income was $239K.
How have Mill Masters Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mill Masters Inc.'s sponsor-wide assets grew 1.2%, from $1M to $1M.
Which 401(k) plans are similar in size to Mill Masters, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Patterson Precision Manufacturing, Inc. 401(k) Plan in MI ($1M, 15 participants).
Which 401(k) plans cover a similar participant headcount to Mill Masters, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Pyromet 401(k) Plan in PA (25 participants, N/A in assets).