401(k) · DOL Form 5500 · 2023

Metal Technologies of Indiana, LLC 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
593
Participants Below avg headcount
87th
Percentile by assets National rank
$101,318
Avg per participant Below avg balance/head
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Official DOL plan name: Mti 401(k) Plan · Sponsored by Metal Technologies of Indiana, LLC · Indiana · Manufacturing

$60M in assets, 593 participants

Metal Technologies of Indiana, LLC's Mti 401(k) Plan reported $60M in total assets and 593 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,244 in Manufacturing (18,722 peers)

Where Mti 401(k) Plan sits by assets

Mti 401(k) Plan sits in the top quartile of all filed plans by assets, $60M for 593 participants (~$101,318/participant), up 23.9% in 2023.

#15,244
in Manufacturing (18,722 peers)
+23.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Mti 401(k) Plan's outsized position by total assets

Mti 401(k) Plan vs every filed plan by assets

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

$60,081,663 Top 13% higher than 87% 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

Mti 401(k) 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. Mti 401(k) Plan sits mid-pack in the medium band (593 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mti 401(k) Plan reported net income rose from -$13M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Mti 401(k) Plan end-of-year assets rose from $48M in the plan year 2022 filing to $60M in the plan year 2023 filing.
  • Mti 401(k) Plan reported participants rose from 576 in the plan year 2022 filing to 593 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 352068586 · Metal Technologies of Indiana, LLC PY 2023 · 401(k)

Mti 401(k) Plan · $60M · 593 · 87th

  • VS-ST $60M
  • VS-ST 593
  • VS-ST 87th
  • VS-ST 401(k)
  • VS-ST near Merchants Financial Group, Inc. 401(k) Savings Plan
  • VS-ST ind #15244

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 Indiana →

Mti 401(k) Plan in the asset neighbourhood

Ready Pac Foods, Inc. 401(k) Retirement Savings PlanReady Pac Foods, Inc. 401(k)…$60MFranklin Energy and Am Conservation 401(k) PlanFranklin Energy and Am Conse…$60MMti 401(k) Plan$60MMerchants Financial Group, Inc. 401(k) Savings PlanMerchants Financial Group, I…$60MZelle LLP Profit Sharing/401(k) PlanZelle LLP Profit Sharing/401…$60M
End-of-year total assets ($M) among Mti 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$60M
Net Income$11M
Employer EIN352068586
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metal Technologies of Indiana, LLC)

Sponsor-wide plan assets over time

All Metal Technologies of Indiana, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$74M 41.92835512589064% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $52M $73.7M ▲ +41.9%
Year Plans Participants Total Assets
2022 2 681 $52M
2023 2 699 $64M
2024 2 731 $74M

Nearby 401(k) Plans in Indiana

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

Mti 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Mti 401(k) Plan, Total assets ($B): 0.060081663 · Participants: 593Mti 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Mti 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Mti 401(k) Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest 401(k) by assets is Merchants Financial Group, Inc. 401(k) Savings Plan in MN ($60M); by covered participants it is The Dewinter Group 401(k) Plan in CA (593 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (593 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 Mti 401(k) Plan assets move in 2023? ▼
Mti 401(k) Plan grew sharply - up 23.9% during 2023, from $48M to $60M. Reported net income was $11M.
How have Metal Technologies of Indiana, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metal Technologies of Indiana, LLC's sponsor-wide assets grew 41.9%, from $52M to $74M.
Where does Mti 401(k) Plan rank by assets among Form 5500 filers? ▼
Mti 401(k) Plan ranks in the 87th 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 Mti 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Merchants Financial Group, Inc. 401(k) Savings Plan in MN ($60M, 451 participants).
Which 401(k) plans cover a similar participant headcount to Mti 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Dewinter Group 401(k) Plan in CA (593 participants, $20M 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 352068586.

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.