401(k) · DOL Form 5500 · 2023

United Grinding & Machine Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
22
Participants Small participant base
42nd
Percentile by assets National rank
$202,478
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: United Grinding & Machine Co. 401(k) Profit Sharing Plan · Sponsored by United Grinding & Machine Company · Ohio · Manufacturing

$4M in assets, 22 participants

United Grinding & Machine Company's United Grinding & Machine Co. 401(k) Profit Sharing Plan reported $4M in total assets and 22 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,746 in Manufacturing (18,722 peers)

2023 asset change

United Grinding & Machine Co. 401(k) Profit Sharing Plan grew at a solid clip 14.7% in 2023 ($4M → $4M) for 22 participants.

#4,746
in Manufacturing (18,722 peers)
+14.7%
assets growth YoY

United Grinding & Machine Co. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

United Grinding & Machine Co. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$4,454,507 42nd percentile higher than 42% 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

United Grinding & Machine Co. 401(k) Profit Sharing 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. United Grinding & Machine Co. 401(k) Profit Sharing Plan is a small filing (22 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • United Grinding & Machine Co. 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $570K in the plan year 2023 filing.
  • United Grinding & Machine Co. 401(k) Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 341009199 · United Grinding & Machine Company PY 2023 · 401(k)

United Grinding & Machine Co. 401(k) Profit Sharing Plan · $4M · 22 · 42nd

  • EBSA $4M
  • PART 22
  • TYPE 42nd
  • NET 401(k)
  • BOOK near Forethought Technologies Inc. 401(k) Plan
  • VS-ST ind #4746

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 Ohio →

United Grinding & Machine Co. 401(k) Profit Sharing Plan in the asset neighbourhood

United Grinding & Machine Co. 401(k) Profit Sharing PlanUnited Grinding & Machine Co…$4MForethought Technologies Inc. 401(k) PlanForethought Technologies Inc…$4MR&m Freight, Inc. 401(k) Plan$4MFamily Dealership Group Employee Savings PlanFamily Dealership Group Empl…$4MPrimus Software Corporation 401(k) Profit Sharing PlanPrimus Software Corporation …$4M
End-of-year total assets ($M) among United Grinding & Machine Co. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

United Grinding & Machine Company years around the 2023 move

Sponsor-wide plan assets over time

All United Grinding & Machine Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 6.456264562388167% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $3.88M $3.63M ▼ -6.4%
Year Plans Participants Total Assets
2022 1 22 $4M
2023 1 22 $4M
2024 1 20 $4M

2023 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$570K
Employer EIN341009199
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

United Grinding & Machine Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants United Grinding & Machine Co. 401(k) Profit Sharing Plan, Total assets ($B): 0.004454507 · Participants: 22United Grinding & Machine Co. 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
United Grinding & Machine Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

United Grinding & Machine Co. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Forethought Technologies Inc. 401(k) Plan in CA ($4M); by covered participants it is Acm Ventures, Inc. 401(k) Profit Sharing Plan in NC (22 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (22 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 United Grinding & Machine Co. 401(k) Profit Sharing Plan assets move in 2023?
United Grinding & Machine Co. 401(k) Profit Sharing Plan grew at a solid clip - up 14.7% during 2023, from $4M to $4M. Reported net income was $570K.
How have United Grinding & Machine Company plan assets changed over time?
Across 3 plan years on file (2022-2024), United Grinding & Machine Company's sponsor-wide assets declined 6.5%, from $4M to $4M.
Which 401(k) plans are similar in size to United Grinding & Machine Co. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Forethought Technologies Inc. 401(k) Plan in CA ($4M, 93 participants).
Which 401(k) plans cover a similar participant headcount to United Grinding & Machine Co. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Acm Ventures, Inc. 401(k) Profit Sharing Plan in NC (22 participants, $553K in assets).