401(k) · DOL Form 5500 · 2023

Sanks Machining, Inc. 401(k) Plan

Data updated 2026-08-25

$821K
Total assets Small plan by assets
14
Participants Small participant base
22nd
Percentile by assets National rank
$58,644
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sanks Machining, Inc. · Sponsored by Sanks Machining, Inc. · Illinois · Manufacturing

$821K in assets, 14 participants

Sanks Machining, Inc.'s Sanks Machining, Inc. reported $821K in total assets and 14 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #1,762 in Manufacturing (18,722 peers)

Sanks Machining, Inc. multi-year trail

Sanks Machining, Inc.'s plans moved +108.7% in assets from 2022 to 2024; this filing shows Sanks Machining, Inc. at $821K / 14 participants.

#1,762
in Manufacturing (18,722 peers)
+42.8%
assets growth YoY

Sanks Machining, Inc. among the smaller filed plans by assets

Sanks Machining, Inc. vs every filed plan by assets

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

$821,022 22nd percentile higher than 22% 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

Sanks Machining, Inc. among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sanks Machining, Inc. is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sanks Machining, Inc. reported net income fell from $575K in the plan year 2022 filing to $246K in the plan year 2023 filing.
  • Sanks Machining, Inc. end-of-year assets rose from $575K in the plan year 2022 filing to $821K in the plan year 2023 filing.
  • Sanks Machining, Inc. reported participants rose from N/A in the plan year 2022 filing to 14 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 364130409 · Sanks Machining, Inc. PY 2023 · 401(k)

Sanks Machining, Inc. · $821K · 14 · 22nd

  • SCH $821K
  • SCH 14
  • SCH 22nd
  • SCH 401(k)
  • SCH near Valera Health 401(k) Plan
  • SCH ind #1762

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 →

Sanks Machining, Inc. in the asset neighbourhood

Sanks Machining, Inc.$821KValera Health 401(k) Plan$821KThomas Arvid Fine Art, Inc. 401(k) PlanThomas Arvid Fine Art, Inc. …$821KMetro 401(k) Plan$821KNotthewolf Retirement Plan$821K
End-of-year total assets ($M) among Sanks Machining, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Sanks Machining, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Sanks Machining, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 108.65728562083316% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M$1.4M 202220232024 $0.57M $1.2M ▲ +110.5%
Year Plans Participants Total Assets
2022 1 N/A $575K
2023 1 14 $821K
2024 1 14 $1M

Sanks Machining, Inc. filing trail (2023)

Total Assets (Beginning of Year)$575K
Net Assets (End of Year)$821K
Net Income$246K
Employer EIN364130409
Plan Effective Date2022-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Sanks Machining, Inc. vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Sanks Machining, Inc., Total assets ($B): 0.000821022 · Participants: 14Sanks Machining, Inc.Accenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Sanks Machining, Inc. vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Sanks Machining, Inc. side-by-side with 3 peers →

Sanks Machining, Inc.'s out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Valera Health 401(k) Plan in NY ($821K); by covered participants it is Gibbs Maintenance, Profit Sharing Plan and Trust in CA (14 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($821K here).

Similar participant headcount

Nearest other-state filings by covered participants (14 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 Sanks Machining, Inc. assets move in 2023? ▼
Sanks Machining, Inc. surged - up 42.8% during 2023, from $575K to $821K. Reported net income was $246K.
How have Sanks Machining, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sanks Machining, Inc.'s sponsor-wide assets grew 108.7%, from $575K to $1M.
Where does Sanks Machining, Inc. rank by assets among Form 5500 filers? ▼
Sanks Machining, Inc. ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Sanks Machining, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Valera Health 401(k) Plan in NY ($821K, 106 participants).
Which 401(k) plans cover a similar participant headcount to Sanks Machining, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Gibbs Maintenance, Profit Sharing Plan and Trust in CA (14 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 364130409.

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.