401(k) · DOL Form 5500 · 2023

Mtech Mechanical Technologies Group, Inc. 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
543
Participants Below avg headcount
86th
Percentile by assets National rank
$99,977
Avg per participant Below avg balance/head
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Official DOL plan name: Mtech 401(k) Plan · Sponsored by Mtech Mechanical Technologies Group, Inc. · Colorado · Construction

$54M in assets, 543 participants

Mtech Mechanical Technologies Group, Inc.'s Mtech 401(k) Plan reported $54M in total assets and 543 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,599 in Construction (9,030 peers)

Where Mtech 401(k) Plan sits by assets

Mtech 401(k) Plan sits in the top quartile of all filed plans by assets, $54M for 543 participants (~$99,977/participant), up 23.0% in 2023.

#7,599
in Construction (9,030 peers)
+23.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Mtech 401(k) Plan's outsized position by total assets

Mtech 401(k) Plan vs every filed plan by assets

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

$54,287,437 Top 14% higher than 86% 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

Mtech 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. Mtech 401(k) Plan sits mid-pack in the medium band (543 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mtech 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Mtech 401(k) Plan end-of-year assets rose from $44M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Mtech 401(k) Plan reported participants rose from 530 in the plan year 2022 filing to 543 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 731639381 · Mtech Mechanical Technologies Group, Inc. PY 2023 · 401(k)

Mtech 401(k) Plan · $54M · 543 · 86th

  • TYPE $54M
  • TYPE 543
  • TYPE 86th
  • TYPE 401(k)
  • TYPE near Miller's Health Systems, Inc. Profit Sharing Plan
  • TYPE ind #7599

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 Construction retirement plans → · Plans in Colorado →

Mtech 401(k) Plan in the asset neighbourhood

Purcell Tire & Rubber Company 401(k) PlanPurcell Tire & Rubber Compan…$54MMtech 401(k) Plan$54MMiller's Health Systems, Inc. Profit Sharing PlanMiller's Health Systems, Inc…$54MGill Studios, Inc. Profit Sharing and 401(k) Plan and TrustGill Studios, Inc. Profit Sh…$54MOpen Road 401(k) Plan$54M
End-of-year total assets ($M) among Mtech 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$54M
Net Income$10M
Employer EIN731639381
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mtech Mechanical Technologies Group, Inc.)

Sponsor-wide plan assets over time

All Mtech Mechanical Technologies Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60M 35.91282724841059% vs 2022
2024 filing year
$40M$45M$50M$55M$60M$65M 202220232024 $44.1M $60M ▲ +35.9%
Year Plans Participants Total Assets
2022 1 530 $44M
2023 1 543 $54M
2024 1 597 $60M

Nearby 401(k) Plans in Colorado

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

Mtech 401(k) Plan vs. nearby 401(k) plans in Colorado, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Mtech 401(k) Plan, Total assets ($B): 0.054287437 · Participants: 543Mtech 401(k) PlanDavita Retirement Savings Plan, Total assets ($B): 3.326219779 · Participants: 57711Davita Retirement Savings PlanBall Corporation 401(k) and Employee Stock Ownership Plan, Total assets ($B): 2.806549522 · Participants: 10349Ball Corporation 401(k) and Employee Stock Ownership PlanEmpower Retirement, LLC 401(k) Savings Plan, Total assets ($B): 1.852270164 · Participants: 10036Empower Retirement, LLC 401(k) Savings PlanWoodward Retirement Savings Plan, Total assets ($B): 1.765770435 · Participants: 5847Woodward Retirement Savings PlanArcadis U.S., Inc. Retirement Savings Plan, Total assets ($B): 1.686655183 · Participants: 5491Arcadis U.S., Inc. Retirement Savings Plan
Mtech 401(k) Plan vs. nearby 401(k) plans in Colorado, assets vs. participants
Compare Mtech 401(k) Plan side-by-side with 3 peers →

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

Outside Colorado, the nearest 401(k) by assets is Miller's Health Systems, Inc. Profit Sharing Plan in IN ($54M); by covered participants it is Visiting Physicians Association 401(k) Plan in MI (543 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (543 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 Mtech 401(k) Plan assets move in 2023? ▼
Mtech 401(k) Plan grew sharply - up 23.0% during 2023, from $44M to $54M. Reported net income was $10M.
How have Mtech Mechanical Technologies Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mtech Mechanical Technologies Group, Inc.'s sponsor-wide assets grew 35.9%, from $44M to $60M.
Where does Mtech 401(k) Plan rank by assets among Form 5500 filers? ▼
Mtech 401(k) Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mtech 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Miller's Health Systems, Inc. Profit Sharing Plan in IN ($54M, 1,752 participants).
Which 401(k) plans cover a similar participant headcount to Mtech 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Visiting Physicians Association 401(k) Plan in MI (543 participants, N/A 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 731639381.

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.