401(k)
2023 plan-year 401(k) DOL Form 5500

Mestek, Inc. 401(k) & Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Mestek, Inc. Β· Massachusetts Β· Manufacturing

What the 2023 filing shows

Mestek, Inc. 401(k) & Profit Sharing Plan holds $143M for 1,043 participants - about $136,667 per participant, up 8.4% over the 2023 plan year.

$143M
total plan assets (2023 EOY)
1,043
covered participants
$136,667
avg assets per participant
+8.4%
assets growth YoY
Total Assets (2023)
$143M
Participants
1,043
Industry
Manufacturing

What the Filing Says About Mestek, Inc. 401(k) & Profit Sharing Plan

Mestek, Inc. 401(k) & Profit Sharing Plan is a 401(k) retirement plan sponsored by Mestek, Inc., headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $143M in total end-of-year assets and covers 1,043 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 250661650, and the plan has been effective since 1988-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $132M at the beginning of 2023 to $143M at year-end β€” a gain of 8.4%. Net assets (after liabilities) closed the year at $143M, with reported net income of $11M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$132M
Total Assets (End of Year)$143M
Net Assets (End of Year)$143M
Net Income$11M
Plan Type401(k)
Employer EIN250661650
Plan Effective Date1988-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mestek, Inc.)

Year Plans Participants Total Assets
2022 2 1,251 $145M
2023 2 1,405 $155M
2024 2 1,161 $160M

Nearby 401(k) Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the Mestek, Inc. 401(k) & Profit Sharing Plan?
As of the 2023 Form 5500 filing, Mestek, Inc. 401(k) & Profit Sharing Plan holds $143M in total assets with 1,043 participants. It is sponsored by Mestek, Inc..
What type of plan is Mestek, Inc. 401(k) & Profit Sharing Plan?
Mestek, Inc. 401(k) & Profit Sharing Plan is a 401(k) plan. It has been effective since 1988-08-01. The plan is filed with the U.S. Department of Labor under EIN 250661650.
Who sponsors the Mestek, Inc. 401(k) & Profit Sharing Plan?
Mestek, Inc. 401(k) & Profit Sharing Plan is sponsored by Mestek, Inc., located in Massachusetts. The sponsor's EIN is 250661650 and the plan operates in the Manufacturing industry.
How did Mestek, Inc. 401(k) & Profit Sharing Plan perform in 2023?
Mestek, Inc. 401(k) & Profit Sharing Plan grew by 8.4% during 2023, moving from $132M to $143M in total assets. Net income was $11M.
Where can I find official filings for Mestek, Inc. 401(k) & Profit Sharing Plan?
Official Form 5500 filings for Mestek, Inc. 401(k) & Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 250661650 or plan name at efast.dol.gov.
How does Mestek, Inc. 401(k) & Profit Sharing Plan compare to other plans?
You can compare Mestek, Inc. 401(k) & Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 250661650.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.