401(k) · DOL Form 5500 · 2023

Stowers Machinery Corporation 401(k) Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
438
Participants Below avg headcount
90th
Percentile by assets National rank
$184,891
Avg per participant Above avg balance/head
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Official DOL plan name: Stowers Machinery Corporation 401(k) Plan · Sponsored by Stowers Machinery Corporation · Tennessee · Other Services

$81M in assets, 438 participants

Stowers Machinery Corporation's Stowers Machinery Corporation 401(k) Plan reported $81M in total assets and 438 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,540 in Other Services (7,857 peers)

Coverage in Tennessee

Stowers Machinery Corporation 401(k) Plan covers 438 participants in Tennessee, about 39% of the average Tennessee filer (state average ~1,126 per filing). Assets: $81M.

#7,540
in Other Services (7,857 peers)
+18.4%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Stowers Machinery Corporation 401(k) Plan's outsized position by total assets

Stowers Machinery Corporation 401(k) Plan vs every filed plan by assets

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

$80,982,452 Top 10% higher than 90% 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

Stowers Machinery Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Stowers Machinery Corporation 401(k) Plan sits mid-pack in the medium band (438 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Stowers Machinery Corporation 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Stowers Machinery Corporation 401(k) Plan end-of-year assets rose from $68M in the plan year 2022 filing to $81M in the plan year 2023 filing.
  • Stowers Machinery Corporation 401(k) Plan reported participants rose from 396 in the plan year 2022 filing to 438 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 620636387 · Stowers Machinery Corporation PY 2023 · 401(k)

Stowers Machinery Corporation 401(k) Plan · $81M · 438 · 90th

  • PART $81M
  • PART 438
  • PART 90th
  • PART 401(k)
  • PART near Confluent Medical Technologies 401(k) Plan
  • PART ind #7540

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 Tennessee →

Stowers Machinery Corporation 401(k) Plan in the asset neighbourhood

Msa Professional Services, Inc. Savings PlanMsa Professional Services, I…$81MStowers Machinery Corporation 401(k) PlanStowers Machinery Corporatio…$81MConfluent Medical Technologies 401(k) PlanConfluent Medical Technologi…$81MMadison Gas and Electric Company 401(k) Retirement Accumulation Plan for Bargaining EmployeesMadison Gas and Electric Com…$81MBackoffice Associates, LLC Dba Syniti Profit Sharing PlanBackoffice Associates, LLC D…$81M
End-of-year total assets ($M) among Stowers Machinery Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$81M
Net Income$13M
Employer EIN620636387
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Stowers Machinery Corporation)

Sponsor-wide plan assets over time

All Stowers Machinery Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$87M 27.824637235483575% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $68.4M $87.4M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 396 $68M
2023 1 438 $81M
2024 1 493 $87M

Nearby 401(k) Plans in Tennessee

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

Stowers Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Stowers Machinery Corporation 401(k) Plan, Total assets ($B): 0.080982452 · Participants: 438Stowers Machinery Corporation 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Stowers Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Stowers Machinery Corporation 401(k) Plan side-by-side with 3 peers →

Stowers Machinery Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Confluent Medical Technologies 401(k) Plan in CA ($81M); by covered participants it is Woodloch Pines Inc. 401(k) Plan in PA (438 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (438 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 Stowers Machinery Corporation 401(k) Plan assets move in 2023? ▼
Stowers Machinery Corporation 401(k) Plan grew sharply - up 18.4% during 2023, from $68M to $81M. Reported net income was $13M.
How have Stowers Machinery Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Stowers Machinery Corporation's sponsor-wide assets grew 27.8%, from $68M to $87M.
Where does Stowers Machinery Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Stowers Machinery Corporation 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Stowers Machinery Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Confluent Medical Technologies 401(k) Plan in CA ($81M, 768 participants).
Which 401(k) plans cover a similar participant headcount to Stowers Machinery Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Woodloch Pines Inc. 401(k) Plan in PA (438 participants, $12M 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 620636387.

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.