401(k) · DOL Form 5500 · 2023

Kovatch Castings 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
179
Participants Small participant base
62nd
Percentile by assets National rank
$65,072
Avg per participant Low balance/head
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Official DOL plan name: Kovatch Castings, Inc. 401(k) Profit Sharing Plan · Sponsored by Kovatch Castings · Ohio · Manufacturing

$12M in assets, 179 participants

Kovatch Castings's Kovatch Castings, Inc. 401(k) Profit Sharing Plan reported $12M in total assets and 179 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #9,150 in Manufacturing (18,722 peers)

Coverage in Ohio

Kovatch Castings, Inc. 401(k) Profit Sharing Plan covers 179 participants in Ohio, about 23% of the average Ohio filer (state average ~765 per filing). Assets: $12M.

#9,150
in Manufacturing (18,722 peers)
+20.0%
assets growth YoY

Kovatch Castings, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Kovatch Castings, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,647,812 Top 38% higher than 62% 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

Kovatch Castings, Inc. 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. Kovatch Castings, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (179 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kovatch Castings, Inc. 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Kovatch Castings, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Kovatch Castings, Inc. 401(k) Profit Sharing Plan reported participants rose from 166 in the plan year 2022 filing to 179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 341198748 · Kovatch Castings PY 2023 · 401(k)

Kovatch Castings, Inc. 401(k) Profit Sharing Plan · $12M · 179 · 62nd

  • IND $12M
  • EOY 179
  • 5500 62nd
  • ASSETS 401(k)
  • PCT near Mckinley Packaging, Inc. 401(k) Plan
  • EIN ind #9150

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 →

Kovatch Castings, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Kovatch Castings, Inc. 401(k) Profit Sharing PlanKovatch Castings, Inc. 401(k…$12MMckinley Packaging, Inc. 401(k) PlanMckinley Packaging, Inc. 401…$12MFwb 401(k) Profit Sharing PlanFwb 401(k) Profit Sharing Pl…$12MCedar Lake 401(k) Retirement Savings PlanCedar Lake 401(k) Retirement…$12MSt. John's Commmunity Health 403(b) PlanSt. John's Commmunity Health…$12M
End-of-year total assets ($M) among Kovatch Castings, Inc. 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)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN341198748
Plan Effective Date1988-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kovatch Castings)

Sponsor-wide plan assets over time

All Kovatch Castings plans reported in each filing year

Latest sponsor-wide plan assets
$22M 30.967140025415603% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $16.9M $22.2M ▲ +31.0%
Year Plans Participants Total Assets
2022 2 319 $17M
2023 2 342 $22M
2024 2 386 $22M

Nearby 401(k) Plans in Ohio

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

Kovatch Castings, Inc. 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 ($B) Participants Kovatch Castings, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.011647812 · Participants: 179Kovatch Castings, Inc. 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
Kovatch Castings, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Kovatch Castings, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Kovatch Castings, Inc. 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 Mckinley Packaging, Inc. 401(k) Plan in TX ($12M); by covered participants it is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Kovatch Castings, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Kovatch Castings, Inc. 401(k) Profit Sharing Plan grew sharply - up 20.0% during 2023, from $10M to $12M. Reported net income was $2M.
How have Kovatch Castings plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kovatch Castings's sponsor-wide assets grew 31.0%, from $17M to $22M.
Which 401(k) plans are similar in size to Kovatch Castings, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mckinley Packaging, Inc. 401(k) Plan in TX ($12M, 445 participants).
Which 401(k) plans cover a similar participant headcount to Kovatch Castings, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants, $4M 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 341198748.

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.