401(k) · DOL Form 5500 · 2023

Martin Engineering Company 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
221
Participants Below avg headcount
83rd
Percentile by assets National rank
$188,073
Avg per participant Above avg balance/head
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Official DOL plan name: Martin Engineering Company 401(k) Profit Sharing Plan · Sponsored by Martin Engineering Company · Illinois · Manufacturing

$42M in assets, 221 participants

Martin Engineering Company's Martin Engineering Company 401(k) Profit Sharing Plan reported $42M in total assets and 221 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,320 in Manufacturing (18,722 peers)

Coverage in Illinois

Martin Engineering Company 401(k) Profit Sharing Plan covers 221 participants in Illinois, about 28% of the average Illinois filer (state average ~779 per filing). Assets: $42M.

#14,320
in Manufacturing (18,722 peers)
+20.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Martin Engineering Company 401(k) Profit Sharing Plan's outsized position by total assets

Martin Engineering Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$41,564,030 Top 17% higher than 83% 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

Martin Engineering Company 401(k) Profit Sharing 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. Martin Engineering Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (221 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Martin Engineering Company 401(k) Profit Sharing Plan reported net income rose from -$9M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Martin Engineering Company 401(k) Profit Sharing Plan end-of-year assets rose from $34M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Martin Engineering Company 401(k) Profit Sharing Plan reported participants rose from 213 in the plan year 2022 filing to 221 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 362336135 · Martin Engineering Company PY 2023 · 401(k)

Martin Engineering Company 401(k) Profit Sharing Plan · $42M · 221 · 83rd

  • PART $42M
  • PART 221
  • PART 83rd
  • PART 401(k)
  • PART near Custom-Pak, Inc. Employees 401(k) Retirement Plan
  • PART ind #14320

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 Illinois →

Martin Engineering Company 401(k) Profit Sharing Plan in the asset neighbourhood

Enanta Pharmaceuticals, Inc. 401(k) Profit Sharing Plan & TrustEnanta Pharmaceuticals, Inc.…$42MValley Strong Credit Union Plan and TrustValley Strong Credit Union P…$42MMartin Engineering Company 401(k) Profit Sharing PlanMartin Engineering Company 4…$42MCustom-Pak, Inc. Employees 401(k) Retirement PlanCustom-Pak, Inc. Employees 4…$42MHmh 401(k) Plan$42M
End-of-year total assets ($M) among Martin Engineering Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$42M
Net Income$7M
Employer EIN362336135
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martin Engineering Company)

Sponsor-wide plan assets over time

All Martin Engineering Company plans reported in each filing year

Latest sponsor-wide plan assets
$45M 32.27762756606613% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $34.4M $45.5M ▲ +32.3%
Year Plans Participants Total Assets
2022 1 213 $34M
2023 1 221 $42M
2024 1 240 $45M

Nearby 401(k) Plans in Illinois

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

Martin Engineering Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Martin Engineering Company 401(k) Profit Sharing Plan, Total assets ($B): 0.04156403 · Participants: 221Martin Engineering Company 401(k) Profit Sharing PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Martin Engineering Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Martin Engineering Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Martin Engineering Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Custom-Pak, Inc. Employees 401(k) Retirement Plan in IA ($42M); by covered participants it is Skin Cancer and Cosmetic Dermatology 401(k) Plan a in GA (221 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (221 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 Martin Engineering Company 401(k) Profit Sharing Plan assets move in 2023? ▼
Martin Engineering Company 401(k) Profit Sharing Plan grew sharply - up 20.8% during 2023, from $34M to $42M. Reported net income was $7M.
How have Martin Engineering Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Martin Engineering Company's sponsor-wide assets grew 32.3%, from $34M to $45M.
Where does Martin Engineering Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Martin Engineering Company 401(k) Profit Sharing Plan ranks in the 83rd 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 Martin Engineering Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Custom-Pak, Inc. Employees 401(k) Retirement Plan in IA ($42M, 728 participants).
Which 401(k) plans cover a similar participant headcount to Martin Engineering Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Skin Cancer and Cosmetic Dermatology 401(k) Plan a in GA (221 participants, $3M 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 362336135.

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.