401(k) · DOL Form 5500 · 2023

Quality Metalcraft, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
199
Participants Below avg headcount
51st
Percentile by assets National rank
$35,121
Avg per participant Low balance/head
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Official DOL plan name: Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group · Sponsored by Quality Metalcraft, Inc. · Michigan · Manufacturing

$7M in assets, 199 participants

Quality Metalcraft, Inc.'s Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group reported $7M in total assets and 199 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #6,593 in Manufacturing (18,722 peers)

Coverage in Michigan

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group covers 199 participants in Michigan, about 31% of the average Michigan filer (state average ~638 per filing). Assets: $7M.

#6,593
in Manufacturing (18,722 peers)
+15.7%
assets growth YoY

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group's mid-pack asset rank among Manufacturing and all filers

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group vs every filed plan by assets

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

$6,989,025 Top 49% higher than 51% 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

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group 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. Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group sits mid-pack in the medium band (199 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group reported net income rose from -$1M in the plan year 2022 filing to $961K in the plan year 2023 filing.
  • Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group reported participants rose from 189 in the plan year 2022 filing to 199 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381743919 · Quality Metalcraft, Inc. PY 2023 · 401(k)

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group · $7M · 199 · 51st

  • TYPE $7M
  • TYPE 199
  • TYPE 51st
  • TYPE 401(k)
  • TYPE near Midwest Recover-Care 401(k) Plan
  • TYPE ind #6593

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 →

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group in the asset neighbourhood

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented GroupQuality Metalcraft, Inc. Pro…$7MMidwest Recover-Care 401(k) PlanMidwest Recover-Care 401(k) …$7MHfw Profit Sharing Plan$7MLukos, LLC 401(k) Plan$7MAshok Melvani, M.D., Inc. 401(k) Profit Sharing PlanAshok Melvani, M.D., Inc. 40…$7M
End-of-year total assets ($M) among Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$961K
Employer EIN381743919
Plan Effective Date2018-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quality Metalcraft, Inc.)

Sponsor-wide plan assets over time

All Quality Metalcraft, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$43M 35.8642575919508% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $31.3M $42.6M ▲ +35.8%
Year Plans Participants Total Assets
2022 2 461 $31M
2023 2 475 $37M
2024 2 459 $43M

Nearby 401(k) Plans in Michigan

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

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group, Total assets ($B): 0.006989025 · Participants: 199Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented GroupGeneral 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
Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group vs. nearby 401(k) plans in Michigan, assets vs. participants

Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Midwest Recover-Care 401(k) Plan in NY ($7M); by covered participants it is Una's Nonprofit Retirement Solution in UT (199 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (199 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 Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group assets move in 2023?
Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group grew sharply - up 15.7% during 2023, from $6M to $7M. Reported net income was $961K.
How have Quality Metalcraft, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Quality Metalcraft, Inc.'s sponsor-wide assets grew 35.9%, from $31M to $43M.
Which 401(k) plans are similar in size to Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group?
Among 401(k) plans in other states, the closest by assets is Midwest Recover-Care 401(k) Plan in NY ($7M, 3,550 participants).
Which 401(k) plans cover a similar participant headcount to Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group?
Among 401(k) plans in other states, the closest by covered participants is Una's Nonprofit Retirement Solution in UT (199 participants, $987K in assets).