401(k) · DOL Form 5500 · 2023

Maxon Precision Motors, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
103
Participants Small participant base
77th
Percentile by assets National rank
$253,995
Avg per participant Above avg balance/head
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Official DOL plan name: Maxon Precision Motors Profit Sharing Plan · Sponsored by Maxon Precision Motors, Inc. · Massachusetts · Professional & Technical Services

$26M in assets, 103 participants

Maxon Precision Motors, Inc.'s Maxon Precision Motors Profit Sharing Plan reported $26M in total assets and 103 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #15,758 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Maxon Precision Motors Profit Sharing Plan covers 103 participants in Massachusetts, about 16% of the average Massachusetts filer (state average ~659 per filing). Assets: $26M.

#15,758
in Professional & Technical Services (20,321 peers)
+21.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Maxon Precision Motors Profit Sharing Plan's outsized position by total assets

Maxon Precision Motors Profit Sharing Plan vs every filed plan by assets

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

$26,161,521 Top 23% higher than 77% 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

Maxon Precision Motors Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Maxon Precision Motors Profit Sharing Plan sits mid-pack in the medium band (103 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Maxon Precision Motors Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Maxon Precision Motors Profit Sharing Plan end-of-year assets rose from $21M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Maxon Precision Motors Profit Sharing Plan reported participants rose from 88 in the plan year 2022 filing to 103 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 942685884 · Maxon Precision Motors, Inc. PY 2023 · 401(k)

Maxon Precision Motors Profit Sharing Plan · $26M · 103 · 77th

  • VS-ST $26M
  • VS-ST 103
  • VS-ST 77th
  • VS-ST 401(k)
  • VS-ST near Emj Corporation Retirement Plan
  • VS-ST ind #15758

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Maxon Precision Motors Profit Sharing Plan in the asset neighbourhood

Maxon Precision Motors Profit Sharing PlanMaxon Precision Motors Profi…$26MEmj Corporation Retirement PlanEmj Corporation Retirement P…$26MParkway Corporation Retirement PlanParkway Corporation Retireme…$26MUnited Gilsonite Laboratories Savings and Profit Sharing PlanUnited Gilsonite Laboratorie…$26MWnb 401(k) Plan$26M
End-of-year total assets ($M) among Maxon Precision Motors Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN942685884
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maxon Precision Motors, Inc.)

Sponsor-wide plan assets over time

All Maxon Precision Motors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 38.81873438809146% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.5M $29.8M ▲ +38.8%
Year Plans Participants Total Assets
2022 1 88 $21M
2023 1 103 $26M
2024 1 102 $30M

Nearby 401(k) Plans in Massachusetts

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

Maxon Precision Motors Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Maxon Precision Motors Profit Sharing Plan, Total assets ($B): 0.026161521 · Participants: 103Maxon Precision Motors Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Maxon Precision Motors Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Maxon Precision Motors Profit Sharing Plan side-by-side with 3 peers →

Maxon Precision Motors Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Emj Corporation Retirement Plan in TN ($26M); by covered participants it is Obstetrics & Gynecology of Indiana, P.C. 401(k) Profit Sharing Plan in IN (103 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Similar participant headcount

Nearest other-state filings by covered participants (103 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 Maxon Precision Motors Profit Sharing Plan assets move in 2023? ▼
Maxon Precision Motors Profit Sharing Plan grew sharply - up 21.9% during 2023, from $21M to $26M. Reported net income was $5M.
How have Maxon Precision Motors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Maxon Precision Motors, Inc.'s sponsor-wide assets grew 38.8%, from $21M to $30M.
Where does Maxon Precision Motors Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Maxon Precision Motors Profit Sharing Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Maxon Precision Motors Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Emj Corporation Retirement Plan in TN ($26M, 244 participants).
Which 401(k) plans cover a similar participant headcount to Maxon Precision Motors Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Obstetrics & Gynecology of Indiana, P.C. 401(k) Profit Sharing Plan in IN (103 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 942685884.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.