Defined Benefit (Pension) · DOL Form 5500 · 2023

Makino, Inc. Pension Plan

Data updated 2026-08-25

$20K
Total assets Small plan by assets
N/A
Participants Small participant base
2nd
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

Official DOL plan name: Makino Inc. Pension Plan for Bargaining Unit Employees · Sponsored by Makino, Inc. · Ohio · Manufacturing

$20K in assets, N/A participants

Makino, Inc.'s Makino Inc. Pension Plan for Bargaining Unit Employees reported $20K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.

  • #168 in Manufacturing (18,722 peers)

Makino, Inc. multi-year trail

Makino, Inc.'s plans moved +20.7% in assets from 2022 to 2024; this filing shows Makino Inc. Pension Plan for Bargaining Unit Employees at $20K / N/A participants.

#168
in Manufacturing (18,722 peers)
-99.7%
assets change YoY

The plan reported a net loss of $547K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Makino Inc. Pension Plan for Bargaining Unit Employees among the smaller filed plans by assets

Makino Inc. Pension Plan for Bargaining Unit Employees vs every filed plan by assets

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

$20,097 2nd percentile higher than 2% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Makino Inc. Pension Plan for Bargaining Unit Employees end-of-year assets fell from $7M in the plan year 2022 filing to $20K in the plan year 2023 filing.
  • Makino Inc. Pension Plan for Bargaining Unit Employees reported net income rose from -$2M in the plan year 2022 filing to -$547K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

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

Makino Inc. Pension Plan for Bargaining Unit Employees · $20K · N/A · 2nd

  • EBSA $20K
  • EBSA N/A
  • EBSA 2nd
  • EBSA Defined Benefit (Pension)
  • EBSA near Employees Retirement Plan of Hubbard LLC
  • EBSA ind #168

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 for Bargaining Unit Employees in the asset neighbourhood

Makino Inc. Pension Plan for Bargaining Unit EmployeesMakino Inc. Pension Plan for…$20KEmployees Retirement Plan of Hubbard LLCEmployees Retirement Plan of…$21KDucks Unlimited, Inc. Pension PlanDucks Unlimited, Inc. Pensio…$22KRoofers Union Local No. 211 Pension PlanRoofers Union Local No. 211 …$18KMymichigan Health Employees' Pension PlanMymichigan Health Employees'…$17K
End-of-year total assets ($M) among Makino Inc. Pension Plan for Bargaining Unit Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Makino, Inc. multi-year asset trail

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

Makino, Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)N/A
Net Income-$547K
Employer EIN310352460
Plan Effective Date1962-08-31
Filing StatusFILING RECEIVED

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 for Bargaining Unit Employees vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Makino Inc. Pension Plan for Bargaining Unit Employees, Total assets ($B): 0.000020097 · Participants: 0Makino Inc. Pension Plan for Bargaining Unit EmployeesFirstenergy 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 for Bargaining Unit Employees vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Makino Inc. Pension Plan for Bargaining Unit Employees's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Ohio, the nearest Defined Benefit (Pension) by end-of-year assets is Employees Retirement Plan of Hubbard LLC in TN at $21K (this filing: $20K).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20K here).

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 for Bargaining Unit Employees assets move in 2023? ▼
Makino Inc. Pension Plan for Bargaining Unit Employees contracted severely - down 99.7% during 2023, from $7M to $20K. Reported net income was -$547K.
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 for Bargaining Unit Employees rank by assets among Form 5500 filers? ▼
Makino Inc. Pension Plan for Bargaining Unit Employees ranks in the 2nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Makino Inc. Pension Plan for Bargaining Unit Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employees Retirement Plan of Hubbard LLC in TN ($21K, 30 participants).