401(k) · DOL Form 5500 · 2023

Northern Machine Tool Company 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
19
Participants Small participant base
49th
Percentile by assets National rank
$329,019
Avg per participant High balance/head
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Official DOL plan name: Northern Machine Tool Company 401(k) Profit Sharing Plan · Sponsored by Northern Machine Tool Company · Michigan · Manufacturing

$6M in assets, 19 participants

Northern Machine Tool Company's Northern Machine Tool Company 401(k) Profit Sharing Plan reported $6M in total assets and 19 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.

  • #6,095 in Manufacturing (18,722 peers)

2023 asset change

Northern Machine Tool Company 401(k) Profit Sharing Plan grew sharply 15.3% in 2023 ($5M → $6M) for 19 participants.

#6,095
in Manufacturing (18,722 peers)
+15.3%
assets growth YoY

Northern Machine Tool Company 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Northern Machine Tool Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$6,251,352 49th percentile higher than 49% 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

Northern Machine Tool Company 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. Northern Machine Tool Company 401(k) Profit Sharing Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northern Machine Tool Company 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $830K in the plan year 2023 filing.
  • Northern Machine Tool Company 401(k) Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Northern Machine Tool Company 401(k) Profit Sharing Plan reported participants rose from 17 in the plan year 2022 filing to 19 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381749993 · Northern Machine Tool Company PY 2023 · 401(k)

Northern Machine Tool Company 401(k) Profit Sharing Plan · $6M · 19 · 49th

  • BOOK $6M
  • BOOK 19
  • BOOK 49th
  • BOOK 401(k)
  • BOOK near Mso Colorado, LLC Retirement Savings Plan
  • BOOK ind #6095

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 →

Northern Machine Tool Company 401(k) Profit Sharing Plan in the asset neighbourhood

Northern Machine Tool Company 401(k) Profit Sharing PlanNorthern Machine Tool Compan…$6MMso Colorado, LLC Retirement Savings PlanMso Colorado, LLC Retirement…$6MNomad Nurses, Inc. 401(k) PlanNomad Nurses, Inc. 401(k) Pl…$6MGreenshades Employee Company, LLC - 401(k)Greenshades Employee Company…$6MNoble People, LLC 401(k) Plan$6M
End-of-year total assets ($M) among Northern Machine Tool Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Northern Machine Tool Company years around the 2023 move

Sponsor-wide plan assets over time

All Northern Machine Tool Company plans reported in each filing year

Latest sponsor-wide plan assets
$6M 9.037319650648094% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.42M $5.91M ▲ +9.0%
Year Plans Participants Total Assets
2022 1 17 $5M
2023 1 19 $6M
2024 1 19 $6M

2023 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$830K
Employer EIN381749993
Plan Effective Date1988-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Northern Machine Tool Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Northern Machine Tool Company 401(k) Profit Sharing Plan, Total assets ($B): 0.006251352 · Participants: 19Northern Machine Tool Company 401(k) Profit Sharing 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
Northern Machine Tool Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Northern Machine Tool Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Northern Machine Tool Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Mso Colorado, LLC Retirement Savings Plan in CO ($6M); by covered participants it is Williams, Robinson Et Al 401(k) Plan & Trust in MO (19 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (19 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 Northern Machine Tool Company 401(k) Profit Sharing Plan assets move in 2023? ▼
Northern Machine Tool Company 401(k) Profit Sharing Plan grew sharply - up 15.3% during 2023, from $5M to $6M. Reported net income was $830K.
How have Northern Machine Tool Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Machine Tool Company's sponsor-wide assets grew 9.0%, from $5M to $6M.
Which 401(k) plans are similar in size to Northern Machine Tool Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mso Colorado, LLC Retirement Savings Plan in CO ($6M, 32 participants).
Which 401(k) plans cover a similar participant headcount to Northern Machine Tool Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Williams, Robinson Et Al 401(k) Plan & Trust in MO (19 participants, $3M 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 381749993.

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.