401(k) · DOL Form 5500 · 2023

Millington Elevator & Supply Co. 401(k) Plan

Data updated 2026-08-25

$848K
Total assets Small plan by assets
8
Participants Small participant base
22nd
Percentile by assets National rank
$106,021
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Millington Elevator 401(k) Plan · Sponsored by Millington Elevator & Supply Co. · Michigan · Manufacturing

$848K in assets, 8 participants

Millington Elevator & Supply Co.'s Millington Elevator 401(k) Plan reported $848K in total assets and 8 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.

  • #1,790 in Manufacturing (18,722 peers)

2023 asset change

Millington Elevator 401(k) Plan declined sharply 15.2% in 2023 ($1000K → $848K) for 8 participants.

#1,790
in Manufacturing (18,722 peers)
-15.2%
assets change YoY

The plan reported a net loss of $152K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Millington Elevator 401(k) Plan among the smaller filed plans by assets

Millington Elevator 401(k) Plan vs every filed plan by assets

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

$848,167 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

Millington Elevator 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Millington Elevator 401(k) Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Millington Elevator 401(k) Plan reported net income fell from -$122K in the plan year 2022 filing to -$152K in the plan year 2023 filing.
  • Millington Elevator 401(k) Plan end-of-year assets fell from $1000K in the plan year 2022 filing to $848K in the plan year 2023 filing.
  • Millington Elevator 401(k) Plan reported participants fell from 9 in the plan year 2022 filing to 8 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 382276675 · Millington Elevator & Supply Co. PY 2023 · 401(k)

Millington Elevator 401(k) Plan · $848K · 8 · 22nd

  • PCT $848K
  • EIN 8
  • RANK 22nd
  • PHOTO 401(k)
  • IND near Acrylic Ventures Inc. 401(k) Plan
  • EOY ind #1790

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 Michigan →

Millington Elevator 401(k) Plan in the asset neighbourhood

Millington Elevator 401(k) PlanMillington Elevator 401(k) P…$848KAcrylic Ventures Inc. 401(k) PlanAcrylic Ventures Inc. 401(k)…$848KDirect Urgent Care, Inc. 401(k) PlanDirect Urgent Care, Inc. 401…$848KSnowden Eye Care 401(k)$848KStorybook Adventure Academy Inc. 401(k) PlanStorybook Adventure Academy …$848K
End-of-year total assets ($M) among Millington Elevator 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Millington Elevator & Supply Co. years around the 2023 move

Sponsor-wide plan assets over time

All Millington Elevator & Supply Co. plans reported in each filing year

Latest sponsor-wide plan assets
$991K 0.8807462038698424% vs 2022
2024 filing year
$0.8M$0.85M$0.9M$0.95M$1M$1.05M 202220232024 $1M $0.99M ▼ -1.0%
Year Plans Participants Total Assets
2022 1 9 $1000K
2023 1 8 $848K
2024 1 8 $991K

2023 asset-move particulars

Total Assets (Beginning of Year)$1000K
Net Assets (End of Year)$848K
Net Income-$152K
Employer EIN382276675
Plan Effective Date2014-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Millington Elevator 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Millington Elevator 401(k) Plan, Total assets ($B): 0.000848167 · Participants: 8Millington Elevator 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Millington Elevator 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Millington Elevator 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Acrylic Ventures Inc. 401(k) Plan in IL ($848K); by covered participants it is Burke Optometry, Inc. 401(k) Plan in CA (8 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($848K here).

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Millington Elevator 401(k) Plan assets move in 2023?
Millington Elevator 401(k) Plan declined sharply - down 15.2% during 2023, from $1000K to $848K. Reported net income was -$152K.
How have Millington Elevator & Supply Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Millington Elevator & Supply Co.'s sponsor-wide assets declined 0.9%, from $1000K to $991K.
Where does Millington Elevator 401(k) Plan rank by assets among Form 5500 filers?
Millington Elevator 401(k) Plan 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 Millington Elevator 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Acrylic Ventures Inc. 401(k) Plan in IL ($848K, 11 participants).
Which 401(k) plans cover a similar participant headcount to Millington Elevator 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Burke Optometry, Inc. 401(k) Plan in CA (8 participants, $263K in assets).