401(k) · DOL Form 5500 · 2023

Millat Industries 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
142
Participants Small participant base
60th
Percentile by assets National rank
$74,521
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Millat Industries Corporation 401(k) Profit Sharing Plan · Sponsored by Millat Industries · Ohio · Manufacturing

$11M in assets, 142 participants

Millat Industries's Millat Industries Corporation 401(k) Profit Sharing Plan reported $11M in total assets and 142 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,671 in Manufacturing (18,722 peers)

Coverage in Ohio

Millat Industries Corporation 401(k) Profit Sharing Plan covers 142 participants in Ohio, about 19% of the average Ohio filer (state average ~765 per filing). Assets: $11M.

#8,671
in Manufacturing (18,722 peers)
+19.1%
assets growth YoY

Millat Industries Corporation 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Millat Industries Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,582,027 Top 40% higher than 60% 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

Millat Industries Corporation 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. Millat Industries Corporation 401(k) Profit Sharing Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Millat Industries Corporation 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Millat Industries Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Millat Industries Corporation 401(k) Profit Sharing Plan reported participants rose from 135 in the plan year 2022 filing to 142 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 310780542 · Millat Industries PY 2023 · 401(k)

Millat Industries Corporation 401(k) Profit Sharing Plan · $11M · 142 · 60th

  • BOY $11M
  • BOY 142
  • BOY 60th
  • BOY 401(k)
  • BOY near Distributor Service, Inc. 401(k) Plan
  • BOY ind #8671

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 Ohio →

Millat Industries Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Millat Industries Corporation 401(k) Profit Sharing PlanMillat Industries Corporatio…$11MDistributor Service, Inc. 401(k) PlanDistributor Service, Inc. 40…$11MCommunity Legal Aid 401(k) PlanCommunity Legal Aid 401(k) P…$11MVcna Prairie, Inc. Savings Plan for Union EmployeesVcna Prairie, Inc. Savings P…$11MCigarette Store 401(k) Plan$11M
End-of-year total assets ($M) among Millat Industries Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN310780542
Plan Effective Date1972-06-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Millat Industries)

Sponsor-wide plan assets over time

All Millat Industries plans reported in each filing year

Latest sponsor-wide plan assets
$11M 23.490989044039054% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.88M $11M ▲ +23.5%
Year Plans Participants Total Assets
2022 1 135 $9M
2023 1 142 $11M
2024 1 141 $11M

Nearby 401(k) Plans in Ohio

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

Millat Industries Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Millat Industries Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.010582027 · Participants: 142Millat Industries Corporation 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Millat Industries Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Millat Industries Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

Millat Industries Corporation 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Distributor Service, Inc. 401(k) Plan in PA ($11M); by covered participants it is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (142 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 Millat Industries Corporation 401(k) Profit Sharing Plan assets move in 2023? ▼
Millat Industries Corporation 401(k) Profit Sharing Plan grew sharply - up 19.1% during 2023, from $9M to $11M. Reported net income was $2M.
How have Millat Industries plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Millat Industries's sponsor-wide assets grew 23.5%, from $9M to $11M.
Which 401(k) plans are similar in size to Millat Industries Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Distributor Service, Inc. 401(k) Plan in PA ($11M, 134 participants).
Which 401(k) plans cover a similar participant headcount to Millat Industries Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants, $12M 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 310780542.

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.