401(k) · DOL Form 5500 · 2023

Hamlin Tool & Machine Company, Inc 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
17
Participants Small participant base
39th
Percentile by assets National rank
$217,537
Avg per participant Above avg balance/head
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Official DOL plan name: Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust · Sponsored by Hamlin Tool & Machine Company, Inc · Michigan · Manufacturing

$4M in assets, 17 participants

Hamlin Tool & Machine Company, Inc's Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust reported $4M in total assets and 17 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

  • #4,149 in Manufacturing (18,722 peers)

2023 asset change

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust grew sharply 15.6% in 2023 ($3M → $4M) for 17 participants.

#4,149
in Manufacturing (18,722 peers)
+15.6%
assets growth YoY

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust's mid-pack asset rank among Manufacturing and all filers

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust vs every filed plan by assets

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

$3,698,137 39th percentile higher than 39% 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

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust reported net income rose from $174K in the plan year 2022 filing to $499K in the plan year 2023 filing.
  • Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381968450 · Hamlin Tool & Machine Company, Inc PY 2023 · 401(k)

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust · $4M · 17 · 39th

  • IND $4M
  • IND 17
  • IND 39th
  • IND 401(k)
  • IND near International Technical Coatings, Inc. Retirement Plan
  • IND ind #4149

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 →

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust in the asset neighbourhood

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & TrustHamlin Tool & Machine Compan…$4MInternational Technical Coatings, Inc. Retirement PlanInternational Technical Coat…$4MM. Palazola Produce Company 401(k) Profit Sharing PlanM. Palazola Produce Company …$4MInteframe 401(k) Profit Sharing PlanInteframe 401(k) Profit Shar…$4MSimplify Healthcare 401(k) Profit Sharing PlanSimplify Healthcare 401(k) P…$4M
End-of-year total assets ($M) among Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hamlin Tool & Machine Company, Inc years around the 2023 move

Sponsor-wide plan assets over time

All Hamlin Tool & Machine Company, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$3M 3.541063559923311% vs 2022
2024 filing year
$3M$3.2M$3.4M$3.6M$3.8M 202220232024 $3.2M $3.09M ▼ -3.4%
Year Plans Participants Total Assets
2022 1 17 $3M
2023 1 17 $4M
2024 1 20 $3M

2023 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$499K
Employer EIN381968450
Plan Effective Date1983-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust, Total assets ($B): 0.003698137 · Participants: 17Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & TrustGeneral 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
Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust side-by-side with 3 peers →

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is International Technical Coatings, Inc. Retirement Plan in AZ ($4M); by covered participants it is Surgical Associates of La Jolla Medical Group Inc. Profit Sharing Plan in CA (17 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17 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 Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust assets move in 2023? ▼
Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust grew sharply - up 15.6% during 2023, from $3M to $4M. Reported net income was $499K.
How have Hamlin Tool & Machine Company, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hamlin Tool & Machine Company, Inc's sponsor-wide assets declined 3.5%, from $3M to $3M.
Which 401(k) plans are similar in size to Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is International Technical Coatings, Inc. Retirement Plan in AZ ($4M, 350 participants).
Which 401(k) plans cover a similar participant headcount to Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Surgical Associates of La Jolla Medical Group Inc. Profit Sharing Plan in CA (17 participants, $6M 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 381968450.

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.