401(k) · DOL Form 5500 · 2023

Mazak Corporation 401(k) Plan

Data updated 2026-08-25

$170M
Total assets Near avg plan size
797
Participants Near avg headcount
94th
Percentile by assets National rank
$213,261
Avg per participant Above avg balance/head
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Official DOL plan name: Mazak Employee Shared Savings Plan · Sponsored by Mazak Corporation · Kentucky · Manufacturing

$170M in assets, 797 participants

Mazak Corporation's Mazak Employee Shared Savings Plan reported $170M in total assets and 797 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #17,022 in Manufacturing (18,722 peers)

Where Mazak Employee Shared Savings Plan sits by assets

Mazak Employee Shared Savings Plan sits in the top 10% of all filed plans by assets, $170M for 797 participants (~$213,261/participant), up 13.3% in 2023.

#17,022
in Manufacturing (18,722 peers)
+13.3%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Mazak Employee Shared Savings Plan's outsized position by total assets

Mazak Employee Shared Savings Plan vs every filed plan by assets

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

$169,969,042 Top 6% higher than 94% 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

Mazak Employee Shared 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. Mazak Employee Shared Savings Plan sits mid-pack in the medium band (797 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mazak Employee Shared Savings Plan reported net income rose from -$31M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Mazak Employee Shared Savings Plan end-of-year assets rose from $150M in the plan year 2022 filing to $170M in the plan year 2023 filing.
  • Mazak Employee Shared Savings Plan reported participants rose from 775 in the plan year 2022 filing to 797 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 112161864 · Mazak Corporation PY 2023 · 401(k)

Mazak Employee Shared Savings Plan · $170M · 797 · 94th

  • RANK $170M
  • RANK 797
  • RANK 94th
  • RANK 401(k)
  • RANK near Management Science Associates, Inc. Employee Savings and Profit Sharing Plan
  • RANK ind #17022

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 Kentucky →

Mazak Employee Shared Savings Plan in the asset neighbourhood

Eab Global, Inc. 401(k) Plan$170MMazak Employee Shared Savings PlanMazak Employee Shared Saving…$170MManagement Science Associates, Inc. Employee Savings and Profit Sharing PlanManagement Science Associate…$170MScan Group 401(k) Plan$170MBrooks Automation US, LLC. 401(k) PlanBrooks Automation US, LLC. 4…$170M
End-of-year total assets ($M) among Mazak Employee Shared Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$150M
Net Assets (End of Year)$170M
Net Income$20M
Employer EIN112161864
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mazak Corporation)

Sponsor-wide plan assets over time

All Mazak Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$181M 20.44885555461543% vs 2022
2024 filing year
$140M$150M$160M$170M$180M$190M 202220232024 $150M $181M ▲ +20.4%
Year Plans Participants Total Assets
2022 1 775 $150M
2023 1 797 $170M
2024 1 835 $181M

Nearby 401(k) Plans in Kentucky

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

Mazak Employee Shared Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Mazak Employee Shared Savings Plan, Total assets ($B): 0.169969042 · Participants: 797Mazak Employee Shared Savings PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Mazak Employee Shared Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Mazak Employee Shared Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Management Science Associates, Inc. Employee Savings and Profit Sharing Plan in PA ($170M); by covered participants it is Tep Holdings 401(k) Plan in NC (797 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($170M here).

Similar participant headcount

Nearest other-state filings by covered participants (797 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 Mazak Employee Shared Savings Plan assets move in 2023?
Mazak Employee Shared Savings Plan grew at a solid clip - up 13.3% during 2023, from $150M to $170M. Reported net income was $20M.
How have Mazak Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mazak Corporation's sponsor-wide assets grew 20.4%, from $150M to $181M.
Where does Mazak Employee Shared Savings Plan rank by assets among Form 5500 filers?
Mazak Employee Shared Savings Plan ranks in the 94th 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 Mazak Employee Shared Savings Plan?
Among 401(k) plans in other states, the closest by assets is Management Science Associates, Inc. Employee Savings and Profit Sharing Plan in PA ($170M, 516 participants).
Which 401(k) plans cover a similar participant headcount to Mazak Employee Shared Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Tep Holdings 401(k) Plan in NC (797 participants, $32M in assets).