401(k) · DOL Form 5500 · 2023

Makita USA, Inc. 401(k) Plan

Data updated 2026-08-25

$93M
Total assets Below avg plan size
952
Participants Near avg headcount
91st
Percentile by assets National rank
$97,519
Avg per participant Below avg balance/head
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Official DOL plan name: Makita Shared Savings Plan · Sponsored by Makita USA, Inc. · California · Manufacturing

$93M in assets, 952 participants

Makita USA, Inc.'s Makita Shared Savings Plan reported $93M in total assets and 952 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #16,108 in Manufacturing (18,722 peers)

Where Makita Shared Savings Plan sits by assets

Makita Shared Savings Plan sits in the top 10% of all filed plans by assets, $93M for 952 participants (~$97,519/participant), up 12.9% in 2023.

#16,108
in Manufacturing (18,722 peers)
+12.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Makita Shared Savings Plan's outsized position by total assets

Makita Shared Savings Plan vs every filed plan by assets

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

$92,837,913 Top 9% higher than 91% 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

Makita 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. Makita Shared Savings Plan sits mid-pack in the medium band (952 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Makita Shared Savings Plan reported net income rose from -$14M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Makita Shared Savings Plan end-of-year assets rose from $82M in the plan year 2022 filing to $93M in the plan year 2023 filing.
  • Makita Shared Savings Plan reported participants rose from 865 in the plan year 2022 filing to 952 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 132672211 · Makita USA, Inc. PY 2023 · 401(k)

Makita Shared Savings Plan · $93M · 952 · 91st

  • 5500 $93M
  • 5500 952
  • 5500 91st
  • 5500 401(k)
  • 5500 near The 401(k) Plan of Ucc Holdco, LLC
  • 5500 ind #16108

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 California →

Makita Shared Savings Plan in the asset neighbourhood

Baird Holm LLP Profit Sharing PlanBaird Holm LLP Profit Sharin…$93MU.S. Physical Therapy, Inc. 401(k) Salary Savings PlanU.S. Physical Therapy, Inc. …$93MRoux Associates, Inc. Profit Sharing/401(k) PlanRoux Associates, Inc. Profit…$93MMakita Shared Savings Plan$93MThe 401(k) Plan of Ucc Holdco, LLCThe 401(k) Plan of Ucc Holdc…$93M
End-of-year total assets ($M) among Makita 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)$82M
Net Assets (End of Year)$93M
Net Income$11M
Employer EIN132672211
Plan Effective Date1986-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Makita USA, Inc.)

Sponsor-wide plan assets over time

All Makita USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$99M 20.51425754640021% vs 2022
2024 filing year
$80M$90M$100M$110M 202220232024 $82.3M $99.1M ▲ +20.5%
Year Plans Participants Total Assets
2022 1 865 $82M
2023 1 952 $93M
2024 1 714 $99M

Nearby 401(k) Plans in California

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

Makita Shared Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Makita Shared Savings Plan, Total assets ($B): 0.092837913 · Participants: 952Makita Shared Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Makita Shared Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Makita Shared Savings Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is The 401(k) Plan of Ucc Holdco, LLC in IL ($93M); by covered participants it is Newman Technology, Inc. 401(k) Savings & Retirement Plan in OH (952 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (952 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 Makita Shared Savings Plan assets move in 2023? ▼
Makita Shared Savings Plan grew at a solid clip - up 12.9% during 2023, from $82M to $93M. Reported net income was $11M.
How have Makita USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Makita USA, Inc.'s sponsor-wide assets grew 20.5%, from $82M to $99M.
Where does Makita Shared Savings Plan rank by assets among Form 5500 filers? ▼
Makita Shared Savings Plan ranks in the 91st 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 Makita Shared Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The 401(k) Plan of Ucc Holdco, LLC in IL ($93M, 229 participants).
Which 401(k) plans cover a similar participant headcount to Makita Shared Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Newman Technology, Inc. 401(k) Savings & Retirement Plan in OH (952 participants, $62M 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 132672211.

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.