401(k) · DOL Form 5500 · 2023

Maxitrol Company 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
227
Participants Below avg headcount
82nd
Percentile by assets National rank
$167,899
Avg per participant Above avg balance/head
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Official DOL plan name: Maxitrol Company Employees Profit Sharing Plan & Trust · Sponsored by Maxitrol Company · Michigan · Manufacturing

$38M in assets, 227 participants

Maxitrol Company's Maxitrol Company Employees Profit Sharing Plan & Trust reported $38M in total assets and 227 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #14,056 in Manufacturing (18,722 peers)

Coverage in Michigan

Maxitrol Company Employees Profit Sharing Plan & Trust covers 227 participants in Michigan, about 36% of the average Michigan filer (state average ~638 per filing). Assets: $38M.

#14,056
in Manufacturing (18,722 peers)
+10.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Maxitrol Company Employees Profit Sharing Plan & Trust's outsized position by total assets

Maxitrol Company Employees Profit Sharing Plan & Trust vs every filed plan by assets

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

$38,113,088 Top 18% higher than 82% 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

Maxitrol Company Employees Profit Sharing Plan & Trust 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. Maxitrol Company Employees Profit Sharing Plan & Trust sits mid-pack in the medium band (227 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Maxitrol Company Employees Profit Sharing Plan & Trust reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Maxitrol Company Employees Profit Sharing Plan & Trust end-of-year assets rose from $34M in the plan year 2022 filing to $38M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381247737 · Maxitrol Company PY 2023 · 401(k)

Maxitrol Company Employees Profit Sharing Plan & Trust · $38M · 227 · 82nd

  • EBSA $38M
  • EBSA 227
  • EBSA 82nd
  • EBSA 401(k)
  • EBSA near Remco, Inc. Employees 401(k) Plan
  • EBSA ind #14056

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 Michigan →

Maxitrol Company Employees Profit Sharing Plan & Trust in the asset neighbourhood

Remco, Inc. Employees 401(k) PlanRemco, Inc. Employees 401(k)…$38MMaxitrol Company Employees Profit Sharing Plan & TrustMaxitrol Company Employees P…$38MSound Employees Retirement PlanSound Employees Retirement P…$38MM-D Building Products, Inc. 401(k) PlanM-D Building Products, Inc. …$38MLegacy 401(k) Plan$38M
End-of-year total assets ($M) among Maxitrol Company Employees Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$38M
Net Income$4M
Employer EIN381247737
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maxitrol Company)

Sponsor-wide plan assets over time

All Maxitrol Company plans reported in each filing year

Latest sponsor-wide plan assets
$40M 15.429226055498424% vs 2022
2024 filing year
$32M$34M$36M$38M$40M$42M 202220232024 $34.4M $39.7M ▲ +15.4%
Year Plans Participants Total Assets
2022 1 225 $34M
2023 1 227 $38M
2024 1 214 $40M

Nearby 401(k) Plans in Michigan

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

Maxitrol Company Employees Profit Sharing Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Maxitrol Company Employees Profit Sharing Plan & Trust, Total assets ($B): 0.038113088 · Participants: 227Maxitrol Company Employees Profit Sharing Plan & TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Maxitrol Company Employees Profit Sharing Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Maxitrol Company Employees Profit Sharing Plan & Trust side-by-side with 3 peers →

Maxitrol Company Employees Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Remco, Inc. Employees 401(k) Plan in PA ($38M); by covered participants it is Care Hawaii, Inc. 401(k) Retirement Savings Plan in HI (227 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (227 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 Maxitrol Company Employees Profit Sharing Plan & Trust assets move in 2023? ▼
Maxitrol Company Employees Profit Sharing Plan & Trust grew at a solid clip - up 10.9% during 2023, from $34M to $38M. Reported net income was $4M.
How have Maxitrol Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Maxitrol Company's sponsor-wide assets grew 15.4%, from $34M to $40M.
Where does Maxitrol Company Employees Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Maxitrol Company Employees Profit Sharing Plan & Trust ranks in the 82nd 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 Maxitrol Company Employees Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Remco, Inc. Employees 401(k) Plan in PA ($38M, 559 participants).
Which 401(k) plans cover a similar participant headcount to Maxitrol Company Employees Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Care Hawaii, Inc. 401(k) Retirement Savings Plan in HI (227 participants, $2M 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 381247737.

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.