401(k) · DOL Form 5500 · 2023

Simonds Machinery Company 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
9
Participants Small participant base
37th
Percentile by assets National rank
$373,939
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Simonds Machinery Company 401(k) Profit Sharing Plan & Trust · Sponsored by Simonds Machinery Company · California · Other Services

$3M in assets, 9 participants

Simonds Machinery Company's Simonds Machinery Company 401(k) Profit Sharing Plan & Trust reported $3M in total assets and 9 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #4,788 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Simonds Machinery Company 401(k) Profit Sharing Plan & Trust ranks #4,788 of 7,857 2023 filers by assets (596% of the sector average)-$3M for 9 participants.

#4,788
in Other Services (7,857 peers)
+26.4%
assets growth YoY

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Other Services and all filers

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$3,365,450 37th percentile higher than 37% 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

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Simonds Machinery Company 401(k) Profit Sharing Plan & Trust is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Simonds Machinery Company 401(k) Profit Sharing Plan & Trust reported net income rose from -$403K in the plan year 2022 filing to $702K in the plan year 2023 filing.
  • Simonds Machinery Company 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Simonds Machinery Company 401(k) Profit Sharing Plan & Trust reported participants fell from 10 in the plan year 2022 filing to 9 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 940870490 · Simonds Machinery Company PY 2023 · 401(k)

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust · $3M · 9 · 37th

  • VS-ST $3M
  • VS-ST 9
  • VS-ST 37th
  • VS-ST 401(k)
  • VS-ST near The Company 401(k) Plan
  • VS-ST ind #4788

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 Other Services retirement plans → · Plans in California →

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Simonds Machinery Company 401(k) Profit Sharing Plan & TrustSimonds Machinery Company 40…$3MThe Company 401(k) Plan$3MTurnbridge 401(k) Retirement Savings PlanTurnbridge 401(k) Retirement…$3MJuvo Plus Inc. 401(k) Plan$3MStafford Transport Inc 401(k) Profit Sharing Plan & TrustStafford Transport Inc 401(k…$3M
End-of-year total assets ($M) among Simonds Machinery Company 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$702K
Employer EIN940870490
Plan Effective Date1974-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Simonds Machinery Company)

Sponsor-wide plan assets over time

All Simonds Machinery Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 54.25007669924021% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.66M $4.11M ▲ +54.5%
Year Plans Participants Total Assets
2022 1 10 $3M
2023 1 9 $3M
2024 1 9 $4M

Nearby 401(k) Plans in California

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

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Simonds Machinery Company 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.00336545 · Participants: 9Simonds Machinery Company 401(k) Profit Sharing Plan & TrustWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Simonds Machinery Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in California, assets vs. participants
Compare Simonds Machinery Company 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is The Company 401(k) Plan in IN ($3M); by covered participants it is Consumer Construction of N. Virginia Inc. 401(k) Plan in VA (9 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Simonds Machinery Company 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Simonds Machinery Company 401(k) Profit Sharing Plan & Trust grew sharply - up 26.4% during 2023, from $3M to $3M. Reported net income was $702K.
How have Simonds Machinery Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simonds Machinery Company's sponsor-wide assets grew 54.3%, from $3M to $4M.
Which 401(k) plans are similar in size to Simonds Machinery Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is The Company 401(k) Plan in IN ($3M, 41 participants).
Which 401(k) plans cover a similar participant headcount to Simonds Machinery Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Consumer Construction of N. Virginia Inc. 401(k) Plan in VA (9 participants, $459K 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 940870490.

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.