401(k) · DOL Form 5500 · 2023

Max-Tech, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
420
Participants Below avg headcount
62nd
Percentile by assets National rank
$28,223
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Max-Tech Inc. 401(k) Profit Sharing Plan · Sponsored by Max-Tech, Inc. · Minnesota · Wholesale Trade

$12M in assets, 420 participants

Max-Tech, Inc.'s Max-Tech Inc. 401(k) Profit Sharing Plan reported $12M in total assets and 420 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.

  • #3,480 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Max-Tech Inc. 401(k) Profit Sharing Plan covers 420 participants in Minnesota, about 37% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#3,480
in Wholesale Trade (6,309 peers)
+46.4%
assets growth YoY

Max-Tech Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Max-Tech Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,853,464 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

Max-Tech 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. Max-Tech Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (420 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Max-Tech Inc. 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Max-Tech Inc. 401(k) Profit Sharing Plan reported participants rose from 283 in the plan year 2022 filing to 420 in the plan year 2023 filing.
  • Max-Tech Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 203705624 · Max-Tech, Inc. PY 2023 · 401(k)

Max-Tech Inc. 401(k) Profit Sharing Plan · $12M · 420 · 62nd

  • PART $12M
  • PART 420
  • PART 62nd
  • PART 401(k)
  • PART near Buy-Lo Quality Food Stores Inc 401(k) Profit Sharing
  • PART ind #3480

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Max-Tech Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Max-Tech Inc. 401(k) Profit Sharing PlanMax-Tech Inc. 401(k) Profit …$12MBuy-Lo Quality Food Stores Inc 401(k) Profit SharingBuy-Lo Quality Food Stores I…$12MInstitute of Community Services, Inc. 403(b) Retirement PlanInstitute of Community Servi…$12MWinston Management, LLC 401(k) PlanWinston Management, LLC 401(…$12MEngineered Fluid Inc Retirement Savings PlanEngineered Fluid Inc Retirem…$12M
End-of-year total assets ($M) among Max-Tech Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$12M
Net Income$4M
Employer EIN203705624
Plan Effective Date1979-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Max-Tech, Inc.)

Sponsor-wide plan assets over time

All Max-Tech, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 87.88846674314773% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $8.1M $15.2M ▲ +87.8%
Year Plans Participants Total Assets
2022 1 283 $8M
2023 1 420 $12M
2024 1 669 $15M

Nearby 401(k) Plans in Minnesota

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

Max-Tech Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Max-Tech Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.011853464 · Participants: 420Max-Tech Inc. 401(k) Profit Sharing PlanUnitedhealth 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
Max-Tech Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Max-Tech Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Max-Tech Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Buy-Lo Quality Food Stores Inc 401(k) Profit Sharing in AL ($12M); by covered participants it is Mitsui Kinzoku North American 401(k) Retirement Plan in IN (420 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (420 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 Max-Tech Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Max-Tech Inc. 401(k) Profit Sharing Plan surged - up 46.4% during 2023, from $8M to $12M. Reported net income was $4M.
How have Max-Tech, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Max-Tech, Inc.'s sponsor-wide assets grew 87.9%, from $8M to $15M.
Which 401(k) plans are similar in size to Max-Tech Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Buy-Lo Quality Food Stores Inc 401(k) Profit Sharing in AL ($12M, 379 participants).
Which 401(k) plans cover a similar participant headcount to Max-Tech Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mitsui Kinzoku North American 401(k) Retirement Plan in IN (420 participants, $36M 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 203705624.

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.