401(k) · DOL Form 5500 · 2023

Morton Grinding, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
182
Participants Below avg headcount
60th
Percentile by assets National rank
$59,114
Avg per participant Low balance/head
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Official DOL plan name: Morton Grinding, Inc. 401(k) Plan · Sponsored by Morton Grinding, Inc. · California · Manufacturing

$11M in assets, 182 participants

Morton Grinding, Inc.'s Morton Grinding, Inc. 401(k) Plan reported $11M in total assets and 182 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,753 in Manufacturing (18,722 peers)

Coverage in California

Morton Grinding, Inc. 401(k) Plan covers 182 participants in California, about 29% of the average California filer (state average ~630 per filing). Assets: $11M.

#8,753
in Manufacturing (18,722 peers)
+8.8%
assets growth YoY

Morton Grinding, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Morton Grinding, Inc. 401(k) Plan vs every filed plan by assets

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

$10,758,683 Top 40% higher than 60% 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

Morton Grinding, Inc. 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. Morton Grinding, Inc. 401(k) Plan sits mid-pack in the medium band (182 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Morton Grinding, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $862K in the plan year 2023 filing.
  • Morton Grinding, Inc. 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Morton Grinding, Inc. 401(k) Plan reported participants rose from 172 in the plan year 2022 filing to 182 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 952487459 · Morton Grinding, Inc. PY 2023 · 401(k)

Morton Grinding, Inc. 401(k) Plan · $11M · 182 · 60th

  • BOY $11M
  • SCH 182
  • EBSA 60th
  • PART 401(k)
  • TYPE near Mahalak Auto Group 401(k) Plan
  • NET ind #8753

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 California →

Morton Grinding, Inc. 401(k) Plan in the asset neighbourhood

Morton Grinding, Inc. 401(k) PlanMorton Grinding, Inc. 401(k)…$11MMahalak Auto Group 401(k) PlanMahalak Auto Group 401(k) Pl…$11MTreatt USA 401(k) Profit Sharing Plan & TrustTreatt USA 401(k) Profit Sha…$11MThames Valley Council for Community Action, Inc. Employee Contribution PlanThames Valley Council for Co…$11MMed James, Inc. Retirement Savings Profit Sharing PlanMed James, Inc. Retirement S…$11M
End-of-year total assets ($M) among Morton Grinding, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$862K
Employer EIN952487459
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Morton Grinding, Inc.)

Sponsor-wide plan assets over time

All Morton Grinding, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 12.786574852289135% vs 2022
2024 filing year
$9.5M$10M$10.5M$11M$11.5M 202220232024 $9.89M $11.2M ▲ +12.7%
Year Plans Participants Total Assets
2022 1 172 $10M
2023 1 182 $11M
2024 1 170 $11M

Nearby 401(k) Plans in California

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

Morton Grinding, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Morton Grinding, Inc. 401(k) Plan, Total assets ($B): 0.010758683 · Participants: 182Morton Grinding, Inc. 401(k) PlanWells 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
Morton Grinding, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Morton Grinding, Inc. 401(k) Plan side-by-side with 3 peers →

Morton Grinding, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Mahalak Auto Group 401(k) Plan in MI ($11M); by covered participants it is Broadmoor Management Company 401(k) Profit Sharing Plan in NE (182 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (182 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 Morton Grinding, Inc. 401(k) Plan assets move in 2023? ▼
Morton Grinding, Inc. 401(k) Plan grew at a solid clip - up 8.8% during 2023, from $10M to $11M. Reported net income was $862K.
How have Morton Grinding, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Morton Grinding, Inc.'s sponsor-wide assets grew 12.8%, from $10M to $11M.
Which 401(k) plans are similar in size to Morton Grinding, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mahalak Auto Group 401(k) Plan in MI ($11M, 256 participants).
Which 401(k) plans cover a similar participant headcount to Morton Grinding, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Broadmoor Management Company 401(k) Profit Sharing Plan in NE (182 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 952487459.

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.