401(k) · DOL Form 5500 · 2023

Electric Machinery Company LLC 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
78
Participants Small participant base
68th
Percentile by assets National rank
$201,393
Avg per participant Above avg balance/head
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Official DOL plan name: Electric Machinery Company LLC 401(k) Plan for Union Employees · Sponsored by Electric Machinery Company LLC · Minnesota · Manufacturing

$16M in assets, 78 participants

Electric Machinery Company LLC's Electric Machinery Company LLC 401(k) Plan for Union Employees reported $16M in total assets and 78 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,628 in Manufacturing (18,722 peers)

Electric Machinery Company LLC multi-year trail

Electric Machinery Company LLC's plans moved +19.0% in assets from 2022 to 2024; this filing shows Electric Machinery Company LLC 401(k) Plan for Union Employees at $16M / 78 participants.

#10,628
in Manufacturing (18,722 peers)
+5.6%
assets growth YoY

Electric Machinery Company LLC 401(k) Plan for Union Employees's outsized position by total assets

Electric Machinery Company LLC 401(k) Plan for Union Employees vs every filed plan by assets

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

$15,708,687 Top 32% higher than 68% 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

Electric Machinery Company LLC 401(k) Plan for Union Employees among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electric Machinery Company LLC 401(k) Plan for Union Employees is a small filing (78 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electric Machinery Company LLC 401(k) Plan for Union Employees reported net income rose from -$5M in the plan year 2022 filing to $835K in the plan year 2023 filing.
  • Electric Machinery Company LLC 401(k) Plan for Union Employees end-of-year assets rose from $15M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Electric Machinery Company LLC 401(k) Plan for Union Employees reported participants rose from 75 in the plan year 2022 filing to 78 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 522147192 · Electric Machinery Company LLC PY 2023 · 401(k)

Electric Machinery Company LLC 401(k) Plan for Union Employees · $16M · 78 · 68th

  • RANK $16M
  • RANK 78
  • RANK 68th
  • RANK 401(k)
  • RANK near Lawter, Inc. 401(k) Plan
  • RANK ind #10628

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 Minnesota →

Electric Machinery Company LLC 401(k) Plan for Union Employees in the asset neighbourhood

Electric Machinery Company LLC 401(k) Plan for Union EmployeesElectric Machinery Company L…$16MLawter, Inc. 401(k) Plan$16MMercer-Zimmerman, Inc. Profit Sharing 401(k) PlanMercer-Zimmerman, Inc. Profi…$16MRedwood Software, Inc. 401(k) PlanRedwood Software, Inc. 401(k…$16MC&c Sales, Inc. Profit Sharing PlanC&c Sales, Inc. Profit Shari…$16M
End-of-year total assets ($M) among Electric Machinery Company LLC 401(k) Plan for Union Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Electric Machinery Company LLC multi-year asset trail

Sponsor-wide plan assets over time

All Electric Machinery Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$18M 18.961353014277712% vs 2022
2024 filing year
$14M$15M$16M$17M$18M 202220232024 $14.9M $17.7M ▲ +19.0%
Year Plans Participants Total Assets
2022 1 75 $15M
2023 1 78 $16M
2024 1 99 $18M

Electric Machinery Company LLC filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$835K
Employer EIN522147192
Plan Effective Date1999-03-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Electric Machinery Company LLC 401(k) Plan for Union Employees vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Electric Machinery Company LLC 401(k) Plan for Union Employees, Total assets ($B): 0.015708687 · Participants: 78Electric Machinery Company LLC 401(k) Plan for Union EmployeesUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Electric Machinery Company LLC 401(k) Plan for Union Employees vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Electric Machinery Company LLC 401(k) Plan for Union Employees side-by-side with 3 peers →

Electric Machinery Company LLC 401(k) Plan for Union Employees's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Lawter, Inc. 401(k) Plan in IL ($16M); by covered participants it is Rasi 401(k) Plan in CO (78 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (78 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 Electric Machinery Company LLC 401(k) Plan for Union Employees assets move in 2023? ▼
Electric Machinery Company LLC 401(k) Plan for Union Employees grew at a solid clip - up 5.6% during 2023, from $15M to $16M. Reported net income was $835K.
How have Electric Machinery Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Electric Machinery Company LLC's sponsor-wide assets grew 19.0%, from $15M to $18M.
Which 401(k) plans are similar in size to Electric Machinery Company LLC 401(k) Plan for Union Employees? ▼
Among 401(k) plans in other states, the closest by assets is Lawter, Inc. 401(k) Plan in IL ($16M, 97 participants).
Which 401(k) plans cover a similar participant headcount to Electric Machinery Company LLC 401(k) Plan for Union Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Rasi 401(k) Plan in CO (78 participants, N/A 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 522147192.

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.