401(k) · DOL Form 5500 · 2023

Mate Precision Technologies 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
269
Participants Below avg headcount
89th
Percentile by assets National rank
$266,149
Avg per participant High balance/head
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Official DOL plan name: Mate Precision Technologies Employee Retirement Savings Plan · Sponsored by Mate Precision Technologies · Minnesota · Manufacturing

$72M in assets, 269 participants

Mate Precision Technologies's Mate Precision Technologies Employee Retirement Savings Plan reported $72M in total assets and 269 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,618 in Manufacturing (18,722 peers)

Coverage in Minnesota

Mate Precision Technologies Employee Retirement Savings Plan covers 269 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $72M.

#15,618
in Manufacturing (18,722 peers)
+16.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Mate Precision Technologies Employee Retirement Savings Plan's outsized position by total assets

Mate Precision Technologies Employee Retirement Savings Plan vs every filed plan by assets

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

$71,594,211 Top 11% higher than 89% 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

Mate Precision Technologies Employee Retirement Savings 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. Mate Precision Technologies Employee Retirement Savings Plan sits mid-pack in the medium band (269 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mate Precision Technologies Employee Retirement Savings Plan reported net income rose from -$23M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Mate Precision Technologies Employee Retirement Savings Plan end-of-year assets rose from $62M in the plan year 2022 filing to $72M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 410881512 · Mate Precision Technologies PY 2023 · 401(k)

Mate Precision Technologies Employee Retirement Savings Plan · $72M · 269 · 89th

  • VS-ST $72M
  • VS-ST 269
  • VS-ST 89th
  • VS-ST 401(k)
  • VS-ST near American Sugar Refining & Subsidiaries Hourly Savings and Investment Plan
  • VS-ST ind #15618

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 Minnesota →

Mate Precision Technologies Employee Retirement Savings Plan in the asset neighbourhood

Harrington Industrial Plastics 401(k) PlanHarrington Industrial Plasti…$72MGirl Scouts of the United States of America 401(k) PlanGirl Scouts of the United St…$72MMate Precision Technologies Employee Retirement Savings PlanMate Precision Technologies …$72MAmerican Sugar Refining & Subsidiaries Hourly Savings and Investment PlanAmerican Sugar Refining & Su…$72MOne Member Retirement Plan$72M
End-of-year total assets ($M) among Mate Precision Technologies Employee Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$72M
Net Income$10M
Employer EIN410881512
Plan Effective Date1967-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mate Precision Technologies)

Sponsor-wide plan assets over time

All Mate Precision Technologies plans reported in each filing year

Latest sponsor-wide plan assets
$84M 35.794442839387784% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $61.5M $83.6M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 269 $62M
2023 1 269 $72M
2024 1 271 $84M

Nearby 401(k) Plans in Minnesota

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

Mate Precision Technologies Employee Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Mate Precision Technologies Employee Retirement Savings Plan, Total assets ($B): 0.071594211 · Participants: 269Mate Precision Technologies Employee Retirement Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Mate Precision Technologies Employee Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Mate Precision Technologies Employee Retirement Savings Plan side-by-side with 3 peers →

Mate Precision Technologies Employee Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is American Sugar Refining & Subsidiaries Hourly Savings and Investment Plan in NY ($72M); by covered participants it is The Polo Club of Boca Raton, Poa, Inc. 401(k) Profit Sharing Plan in FL (269 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (269 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 Mate Precision Technologies Employee Retirement Savings Plan assets move in 2023? ▼
Mate Precision Technologies Employee Retirement Savings Plan grew sharply - up 16.3% during 2023, from $62M to $72M. Reported net income was $10M.
How have Mate Precision Technologies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mate Precision Technologies's sponsor-wide assets grew 35.8%, from $62M to $84M.
Where does Mate Precision Technologies Employee Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Mate Precision Technologies Employee Retirement Savings Plan ranks in the 89th 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 Mate Precision Technologies Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Sugar Refining & Subsidiaries Hourly Savings and Investment Plan in NY ($72M, 1,295 participants).
Which 401(k) plans cover a similar participant headcount to Mate Precision Technologies Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Polo Club of Boca Raton, Poa, Inc. 401(k) Profit Sharing Plan in FL (269 participants, $11M 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 410881512.

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.