401(k) · DOL Form 5500 · 2023

Niles Precision Company 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
144
Participants Small participant base
74th
Percentile by assets National rank
$145,894
Avg per participant Above avg balance/head
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Official DOL plan name: Niles Precision Company Employees' Profit Sharing/401(k) Plan · Sponsored by Niles Precision Company · Michigan · Manufacturing

$21M in assets, 144 participants

Niles Precision Company's Niles Precision Company Employees' Profit Sharing/401(k) Plan reported $21M in total assets and 144 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,913 in Manufacturing (18,722 peers)

Coverage in Michigan

Niles Precision Company Employees' Profit Sharing/401(k) Plan covers 144 participants in Michigan, about 23% of the average Michigan filer (state average ~638 per filing). Assets: $21M.

#11,913
in Manufacturing (18,722 peers)
+8.5%
assets growth YoY

Niles Precision Company Employees' Profit Sharing/401(k) Plan's outsized position by total assets

Niles Precision Company Employees' Profit Sharing/401(k) Plan vs every filed plan by assets

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

$21,008,665 Top 26% higher than 74% 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

Niles Precision Company Employees' Profit Sharing/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. Niles Precision Company Employees' Profit Sharing/401(k) Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Niles Precision Company Employees' Profit Sharing/401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Niles Precision Company Employees' Profit Sharing/401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Niles Precision Company Employees' Profit Sharing/401(k) Plan reported participants fell from 148 in the plan year 2022 filing to 144 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381351498 · Niles Precision Company PY 2023 · 401(k)

Niles Precision Company Employees' Profit Sharing/401(k) Plan · $21M · 144 · 74th

  • ASSETS $21M
  • PCT 144
  • EIN 74th
  • RANK 401(k)
  • PHOTO near Entertainment Technology Partners, LLC (Etp) 401(k) Plan
  • IND ind #11913

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 Michigan →

Niles Precision Company Employees' Profit Sharing/401(k) Plan in the asset neighbourhood

Niles Precision Company Employees' Profit Sharing/401(k) PlanNiles Precision Company Empl…$21MEntertainment Technology Partners, LLC (Etp) 401(k) PlanEntertainment Technology Par…$21MCaxton Alternative Management LP Savings & Profit Sharing PlanCaxton Alternative Managemen…$21MJaeger Lumber & Supply Company, Inc. 401(k) Profit Sharing PlanJaeger Lumber & Supply Compa…$21MAbility Partners Retirement PlanAbility Partners Retirement …$21M
End-of-year total assets ($M) among Niles Precision Company Employees' Profit Sharing/401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN381351498
Plan Effective Date1963-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Niles Precision Company)

Sponsor-wide plan assets over time

All Niles Precision Company plans reported in each filing year

Latest sponsor-wide plan assets
$23M 20.13949868377292% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19.4M $23.3M ▲ +20.1%
Year Plans Participants Total Assets
2022 1 148 $19M
2023 1 144 $21M
2024 1 145 $23M

Nearby 401(k) Plans in Michigan

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

Niles Precision Company Employees' Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Niles Precision Company Employees' Profit Sharing/401(k) Plan, Total assets ($B): 0.021008665 · Participants: 144Niles Precision Company Employees' Profit Sharing/401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Niles Precision Company Employees' Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Niles Precision Company Employees' Profit Sharing/401(k) Plan side-by-side with 3 peers →

Niles Precision Company Employees' Profit Sharing/401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Entertainment Technology Partners, LLC (Etp) 401(k) Plan in FL ($21M); by covered participants it is Eagle Granite 401(k) Plan in GA (144 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Niles Precision Company Employees' Profit Sharing/401(k) Plan assets move in 2023? ▼
Niles Precision Company Employees' Profit Sharing/401(k) Plan grew at a solid clip - up 8.5% during 2023, from $19M to $21M. Reported net income was $2M.
How have Niles Precision Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Niles Precision Company's sponsor-wide assets grew 20.1%, from $19M to $23M.
Which 401(k) plans are similar in size to Niles Precision Company Employees' Profit Sharing/401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Entertainment Technology Partners, LLC (Etp) 401(k) Plan in FL ($21M, 347 participants).
Which 401(k) plans cover a similar participant headcount to Niles Precision Company Employees' Profit Sharing/401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eagle Granite 401(k) Plan in GA (144 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 381351498.

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.