Defined Benefit (Pension) · DOL Form 5500 · 2023

Makino Inc. Pension Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
60
Participants Small participant base
84th
Percentile by assets National rank
$717,766
Avg per participant High balance/head
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Official DOL plan name: Makino Inc. Pension Plan · Sponsored by Makino Inc. · Ohio · Manufacturing

$43M in assets, 60 participants

Makino Inc.'s Makino Inc. Pension Plan reported $43M in total assets and 60 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #14,413 in Manufacturing (18,722 peers)

Where Makino Inc. Pension Plan sits by assets

Makino Inc. Pension Plan sits in the top quartile of all filed plans by assets, $43M for 60 participants (~$717,766/participant), up 19.8% in 2023.

#14,413
in Manufacturing (18,722 peers)
+19.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Makino Inc. Pension Plan's outsized position by total assets

Makino Inc. Pension Plan vs every filed plan by assets

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

$43,065,978 Top 16% higher than 84% 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

Makino Inc. Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Makino Inc. Pension Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Makino Inc. Pension Plan reported net income rose from -$8M in the plan year 2022 filing to $284K in the plan year 2023 filing.
  • Makino Inc. Pension Plan end-of-year assets rose from $36M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Makino Inc. Pension Plan reported participants rose from 57 in the plan year 2022 filing to 60 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 310352460 · Makino Inc. PY 2023 · Defined Benefit (Pension)

Makino Inc. Pension Plan · $43M · 60 · 84th

  • ASSETS $43M
  • PCT 60
  • EIN 84th
  • RANK Defined Benefit (Pension)
  • PHOTO near Pension Plan for Hourly Employees of Garlock Sealing Technologies LLC (Palmyra, Ny)
  • IND ind #14413

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 →

Makino Inc. Pension Plan in the asset neighbourhood

Retirement Plan for Employees of the Carnegie Hall CorporationRetirement Plan for Employee…$43MLake Michigan Credit Union Cash Balance Defined Benefit Plan and TrustLake Michigan Credit Union C…$43MMakino Inc. Pension Plan$43MPension Plan for Hourly Employees of Garlock Sealing Technologies LLC (Palmyra, Ny)Pension Plan for Hourly Empl…$43MOneida Healthcare Center Pension PlanOneida Healthcare Center Pen…$43M
End-of-year total assets ($M) among Makino Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$43M
Net Income$284K
Employer EIN310352460
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Makino Inc.)

Sponsor-wide plan assets over time

All Makino Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$173M 20.659772026554002% vs 2022
2024 filing year
$140M$150M$160M$170M$180M 202220232024 $144M $173M ▲ +20.7%
Year Plans Participants Total Assets
2022 3 492 $144M
2023 3 545 $159M
2024 2 578 $173M

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Makino Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Makino Inc. Pension Plan, Total assets ($B): 0.043065978 · Participants: 60Makino Inc. Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Makino Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Makino Inc. Pension Plan side-by-side with 3 peers →

Makino Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Pension Plan for Hourly Employees of Garlock Sealing Technologies LLC (Palmyra, Ny) in NC ($43M); by covered participants it is Riverspring Licensed Home Care Services Agency, Inc. Pension Plan in NY (60 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (60 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 Makino Inc. Pension Plan assets move in 2023? ▼
Makino Inc. Pension Plan grew sharply - up 19.8% during 2023, from $36M to $43M. Reported net income was $284K.
How have Makino Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Makino Inc.'s sponsor-wide assets grew 20.7%, from $144M to $173M.
Where does Makino Inc. Pension Plan rank by assets among Form 5500 filers? ▼
Makino Inc. Pension Plan ranks in the 84th 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 Defined Benefit (Pension) plans are similar in size to Makino Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Hourly Employees of Garlock Sealing Technologies LLC (Palmyra, Ny) in NC ($43M, 99 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Makino Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Riverspring Licensed Home Care Services Agency, Inc. Pension Plan in NY (60 participants, N/A 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 310352460.

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.