401(k) Β· DOL Form 5500 Β· 2023

Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$16M
Total assets
303
Participants
47th
Percentile by assets

Sponsored by Martinrea Heavy Stampings Inc. Β· Michigan Β· Manufacturing

What the 2023 filing shows

Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan holds $16M for 303 participants - about $53,162 per participant, in the lower half of filed plans by assets, up 11.5% over the 2023 plan year.

$16M
total plan assets (2023 EOY)
303
covered participants
47th
percentile by assets (of 72,800 plans)
$53,162
avg assets per participant
Total Assets (2023)
$16M
Participants
303
State
Industry
Manufacturing

What the Filing Says About Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan

Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan is a 401(k) retirement plan sponsored by Martinrea Heavy Stampings Inc., headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $16M in total end-of-year assets and covers 303 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 432113040, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2023 to $16M at year-end - a gain of 11.5%. Net assets (after liabilities) closed the year at $16M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$14M
Total Assets (End of Year)$16M
Net Assets (End of Year)$16M
Net Income$2M
Plan Type401(k)
Employer EIN432113040
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martinrea Heavy Stampings Inc.)

Year Plans Participants Total Assets
2022 1 365 $14M
2023 1 303 $16M
2024 1 263 $16M

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan?
As of the 2023 Form 5500 filing, Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan holds $16M in total assets with 303 participants. It is sponsored by Martinrea Heavy Stampings Inc..
What type of plan is Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan?
Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan is a 401(k) plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 432113040.
Who sponsors the Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan?
Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan is sponsored by Martinrea Heavy Stampings Inc., located in Michigan. The sponsor's EIN is 432113040 and the plan operates in the Manufacturing industry.
How did Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan perform in 2023?
Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan grew by 11.5% during 2023, moving from $14M to $16M in total assets. Net income was $2M.
Where can I find official filings for Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan?
Official Form 5500 filings for Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 432113040 or plan name at efast.dol.gov.
How does Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan compare to other plans?
You can compare Martinrea Heavy Stampings Inc. Shelbyville Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 432113040.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.