401(k) · DOL Form 5500 · 2023

Mechdyne Corporation 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
259
Participants Below avg headcount
72nd
Percentile by assets National rank
$75,454
Avg per participant Below avg balance/head
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Official DOL plan name: Mechdyne Corporation 401(k) Plan · Sponsored by Mechdyne Corporation · Iowa · Professional & Technical Services

$20M in assets, 259 participants

Mechdyne Corporation's Mechdyne Corporation 401(k) Plan reported $20M in total assets and 259 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #14,627 in Professional & Technical Services (20,321 peers)

Coverage in Iowa

Mechdyne Corporation 401(k) Plan covers 259 participants in Iowa, about 43% of the average Iowa filer (state average ~609 per filing). Assets: $20M.

#14,627
in Professional & Technical Services (20,321 peers)
+22.6%
assets growth YoY

Mechdyne Corporation 401(k) Plan's outsized position by total assets

Mechdyne Corporation 401(k) Plan vs every filed plan by assets

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

$19,542,620 Top 28% higher than 72% 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

Mechdyne Corporation 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. Mechdyne Corporation 401(k) Plan sits mid-pack in the medium band (259 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mechdyne Corporation 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Mechdyne Corporation 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Mechdyne Corporation 401(k) Plan reported participants fell from 293 in the plan year 2022 filing to 259 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 421460417 · Mechdyne Corporation PY 2023 · 401(k)

Mechdyne Corporation 401(k) Plan · $20M · 259 · 72nd

  • ASSETS $20M
  • PCT 259
  • EIN 72nd
  • RANK 401(k)
  • PHOTO near Block Electric Co., Inc. Employees' Profit Sharing Trust
  • IND ind #14627

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 Professional & Technical Services retirement plans → · Plans in Iowa →

Mechdyne Corporation 401(k) Plan in the asset neighbourhood

Mechdyne Corporation 401(k) PlanMechdyne Corporation 401(k) …$20MBlock Electric Co., Inc. Employees' Profit Sharing TrustBlock Electric Co., Inc. Emp…$20MNational Multifamily Housing Council Profit Sharing 401(k) PlanNational Multifamily Housing…$20MUfcw Local 888 and Employers 401(k) PlanUfcw Local 888 and Employers…$20MWestern Dairy Transport, LLC Employee's 401(k) PlanWestern Dairy Transport, LLC…$20M
End-of-year total assets ($M) among Mechdyne Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$4M
Employer EIN421460417
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mechdyne Corporation)

Sponsor-wide plan assets over time

All Mechdyne Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$22M 39.065334458454096% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $15.9M $22.2M ▲ +39.1%
Year Plans Participants Total Assets
2022 1 293 $16M
2023 1 259 $20M
2024 1 228 $22M

Nearby 401(k) Plans in Iowa

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

Mechdyne Corporation 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Mechdyne Corporation 401(k) Plan, Total assets ($B): 0.01954262 · Participants: 259Mechdyne Corporation 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Mechdyne Corporation 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Mechdyne Corporation 401(k) Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Block Electric Co., Inc. Employees' Profit Sharing Trust in IL ($20M); by covered participants it is Sunrise Carpentry, Inc. Retirement Plan in NV (259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (259 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 Mechdyne Corporation 401(k) Plan assets move in 2023? ▼
Mechdyne Corporation 401(k) Plan grew sharply - up 22.6% during 2023, from $16M to $20M. Reported net income was $4M.
How have Mechdyne Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mechdyne Corporation's sponsor-wide assets grew 39.1%, from $16M to $22M.
Which 401(k) plans are similar in size to Mechdyne Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Block Electric Co., Inc. Employees' Profit Sharing Trust in IL ($20M, 21 participants).
Which 401(k) plans cover a similar participant headcount to Mechdyne Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sunrise Carpentry, Inc. Retirement Plan in NV (259 participants, $4M 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 421460417.

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.