401(k) · DOL Form 5500 · 2023

Maxon Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
127
Participants Small participant base
79th
Percentile by assets National rank
$234,520
Avg per participant Above avg balance/head
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Official DOL plan name: Maxon Industries 401(k) Plan · Sponsored by Maxon Industries, Inc. · California · Wholesale Trade

$30M in assets, 127 participants

Maxon Industries, Inc.'s Maxon Industries 401(k) Plan reported $30M in total assets and 127 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #4,941 in Wholesale Trade (6,309 peers)

Coverage in California

Maxon Industries 401(k) Plan covers 127 participants in California, about 20% of the average California filer (state average ~630 per filing). Assets: $30M.

#4,941
in Wholesale Trade (6,309 peers)
+14.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Maxon Industries 401(k) Plan's outsized position by total assets

Maxon Industries 401(k) Plan vs every filed plan by assets

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

$29,784,039 Top 21% higher than 79% 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

Maxon Industries 401(k) 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. Maxon Industries 401(k) Plan sits mid-pack in the medium band (127 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Maxon Industries 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Maxon Industries 401(k) Plan end-of-year assets rose from $26M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Maxon Industries 401(k) Plan reported participants fell from 130 in the plan year 2022 filing to 127 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 954386345 · Maxon Industries, Inc. PY 2023 · 401(k)

Maxon Industries 401(k) Plan · $30M · 127 · 79th

  • SCH $30M
  • SCH 127
  • SCH 79th
  • SCH 401(k)
  • SCH near Hanna Holdings, Inc. 401(k) Plan
  • SCH ind #4941

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 California →

Maxon Industries 401(k) Plan in the asset neighbourhood

Maxon Industries 401(k) Plan$30MHanna Holdings, Inc. 401(k) PlanHanna Holdings, Inc. 401(k) …$30MGopher Resource, LLC Tax Deferred Savings Plan & TrustGopher Resource, LLC Tax Def…$30MTeco 401(k) Plan and Trust$30MPremier Magnesia LLC Savings and Profit Sharing PlanPremier Magnesia LLC Savings…$30M
End-of-year total assets ($M) among Maxon Industries 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN954386345
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maxon Industries, Inc.)

Sponsor-wide plan assets over time

All Maxon Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 33.53617384198952% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.1M $34.8M ▲ +33.6%
Year Plans Participants Total Assets
2022 1 130 $26M
2023 1 127 $30M
2024 1 131 $35M

Nearby 401(k) Plans in California

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

Maxon Industries 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Maxon Industries 401(k) Plan, Total assets ($B): 0.029784039 · Participants: 127Maxon Industries 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Maxon Industries 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Maxon Industries 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Hanna Holdings, Inc. 401(k) Plan in PA ($30M); by covered participants it is Coal City Cob Company & Dfw Tank Cleaning 401(k) Plan in TX (127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (127 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 Maxon Industries 401(k) Plan assets move in 2023?
Maxon Industries 401(k) Plan grew at a solid clip - up 14.2% during 2023, from $26M to $30M. Reported net income was $4M.
How have Maxon Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Maxon Industries, Inc.'s sponsor-wide assets grew 33.5%, from $26M to $35M.
Where does Maxon Industries 401(k) Plan rank by assets among Form 5500 filers?
Maxon Industries 401(k) Plan ranks in the 79th 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 401(k) plans are similar in size to Maxon Industries 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hanna Holdings, Inc. 401(k) Plan in PA ($30M, 330 participants).
Which 401(k) plans cover a similar participant headcount to Maxon Industries 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Coal City Cob Company & Dfw Tank Cleaning 401(k) Plan in TX (127 participants, N/A in assets).