401(k) · DOL Form 5500 · 2023

Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
214
Participants Below avg headcount
76th
Percentile by assets National rank
$112,023
Avg per participant Below avg balance/head
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Official DOL plan name: Mts Seating 401(k) Plan & Trust · Sponsored by Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating · Michigan · Manufacturing

$24M in assets, 214 participants

Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating's Mts Seating 401(k) Plan & Trust reported $24M in total assets and 214 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,454 in Manufacturing (18,722 peers)

Coverage in Michigan

Mts Seating 401(k) Plan & Trust covers 214 participants in Michigan, about 34% of the average Michigan filer (state average ~638 per filing). Assets: $24M.

#12,454
in Manufacturing (18,722 peers)
+16.7%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Mts Seating 401(k) Plan & Trust's outsized position by total assets

Mts Seating 401(k) Plan & Trust vs every filed plan by assets

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

$23,972,974 Top 24% higher than 76% 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

Mts Seating 401(k) Plan & Trust 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. Mts Seating 401(k) Plan & Trust sits mid-pack in the medium band (214 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mts Seating 401(k) Plan & Trust reported net income rose from -$6M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mts Seating 401(k) Plan & Trust end-of-year assets rose from $21M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Mts Seating 401(k) Plan & Trust reported participants fell from 223 in the plan year 2022 filing to 214 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381543409 · Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating PY 2023 · 401(k)

Mts Seating 401(k) Plan & Trust · $24M · 214 · 76th

  • BOY $24M
  • BOY 214
  • BOY 76th
  • BOY 401(k)
  • BOY near Uniek, Inc. Employees' Retirement Plan
  • BOY ind #12454

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 →

Mts Seating 401(k) Plan & Trust in the asset neighbourhood

Golden Bank National Association 401(k) Retirement Savings PlanGolden Bank National Associa…$24MMts Seating 401(k) Plan & TrustMts Seating 401(k) Plan & Tr…$24MUniek, Inc. Employees' Retirement PlanUniek, Inc. Employees' Retir…$24MRobertson-Ryan & Associates, Inc. 401(k) Savings PlanRobertson-Ryan & Associates,…$24MMarcolin U.S.a. Eyewear Corp. 401(k) PlanMarcolin U.S.a. Eyewear Corp…$24M
End-of-year total assets ($M) among Mts Seating 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$3M
Employer EIN381543409
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating)

Sponsor-wide plan assets over time

All Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating plans reported in each filing year

Latest sponsor-wide plan assets
$25M 21.19935623021879% vs 2022
2024 filing year
$20M$22M$24M$26M 202220232024 $20.5M $24.9M ▲ +21.2%
Year Plans Participants Total Assets
2022 1 223 $21M
2023 1 214 $24M
2024 1 281 $25M

Nearby 401(k) Plans in Michigan

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

Mts Seating 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Mts Seating 401(k) Plan & Trust, Total assets ($B): 0.023972974 · Participants: 214Mts Seating 401(k) Plan & TrustGeneral 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
Mts Seating 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Mts Seating 401(k) Plan & Trust side-by-side with 3 peers →

Mts Seating 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Uniek, Inc. Employees' Retirement Plan in WI ($24M); by covered participants it is Schoeneck Containers, Inc. 401(k) Plan in WI (214 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (214 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 Mts Seating 401(k) Plan & Trust assets move in 2023? ▼
Mts Seating 401(k) Plan & Trust grew sharply - up 16.7% during 2023, from $21M to $24M. Reported net income was $3M.
How have Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michigan Tube Swagers & Fabricators Inc. Dba Mts Seating's sponsor-wide assets grew 21.2%, from $21M to $25M.
Where does Mts Seating 401(k) Plan & Trust rank by assets among Form 5500 filers? ▼
Mts Seating 401(k) Plan & Trust ranks in the 76th 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 Mts Seating 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Uniek, Inc. Employees' Retirement Plan in WI ($24M, 145 participants).
Which 401(k) plans cover a similar participant headcount to Mts Seating 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Schoeneck Containers, Inc. 401(k) Plan in WI (214 participants, $7M 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 381543409.

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.