401(k) · DOL Form 5500 · 2024

Parker Machine Company Incorporated 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
17
Participants Small participant base
35th
Percentile by assets National rank
$193,392
Avg per participant Above avg balance/head
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Official DOL plan name: Parker Machine Company Incorporated 401(k) Plan · Sponsored by Parker Machine Company Incorporated · New York · Manufacturing

$3M in assets, 17 participants

Parker Machine Company Incorporated's Parker Machine Company Incorporated 401(k) Plan reported $3M in total assets and 17 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,320 in Manufacturing (17,777 peers)

Parker Machine Company Incorporated multi-year trail

Parker Machine Company Incorporated's plans moved +13.6% in assets from 2022 to 2024; this filing shows Parker Machine Company Incorporated 401(k) Plan at $3M / 17 participants.

#3,320
in Manufacturing (17,777 peers)
+15.0%
assets growth YoY

Parker Machine Company Incorporated 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Parker Machine Company Incorporated 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,287,656 35th percentile higher than 35% of 123,620 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 2024

Parker Machine Company Incorporated 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Parker Machine Company Incorporated 401(k) Plan is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Parker Machine Company Incorporated 401(k) Plan reported net income rose from -$35K in the plan year 2023 filing to $429K in the plan year 2024 filing.
  • Parker Machine Company Incorporated 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Parker Machine Company Incorporated 401(k) Plan reported participants fell from 18 in the plan year 2023 filing to 17 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 141641775 · Parker Machine Company Incorporated PY 2024 · 401(k)

Parker Machine Company Incorporated 401(k) Plan · $3M · 17 · 35th

  • EOY $3M
  • EOY 17
  • EOY 35th
  • EOY 401(k)
  • EOY near Arp Sciences LLC 401(k) Plan
  • EOY ind #3320

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 New York →

Parker Machine Company Incorporated 401(k) Plan in the asset neighbourhood

Parker Machine Company Incorporated 401(k) PlanParker Machine Company Incor…$3MArp Sciences LLC 401(k) Plan$3MColormasters, LLC 401(k) Retirement PlanColormasters, LLC 401(k) Ret…$3MHansen Storage Company Salary Savings PlanHansen Storage Company Salar…$3MBob Dickman Tire Center Profit Sharing PlanBob Dickman Tire Center Prof…$3M
End-of-year total assets ($M) among Parker Machine Company Incorporated 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Parker Machine Company Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All Parker Machine Company Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$3M 13.639202714076593% vs 2022
2024 filing year
$2.8M$3M$3.2M$3.4M 202220232024 $2.89M $3.29M ▲ +13.8%
Year Plans Participants Total Assets
2022 1 18 $3M
2023 1 18 $3M
2024 1 17 $3M

Parker Machine Company Incorporated filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$429K
Employer EIN141641775
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Parker Machine Company Incorporated 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Parker Machine Company Incorporated 401(k) Plan, Total assets ($B): 0.003287656 · Participants: 17Parker Machine Company Incorporated 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Parker Machine Company Incorporated 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Parker Machine Company Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Arp Sciences LLC 401(k) Plan in MD ($3M); by covered participants it is Knowledge Commerce Group Gainesville, Inc. 401(k) Plan in VA (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 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Parker Machine Company Incorporated 401(k) Plan assets move in 2024?
Parker Machine Company Incorporated 401(k) Plan grew sharply - up 15.0% during 2024, from $3M to $3M. Reported net income was $429K.
How have Parker Machine Company Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Parker Machine Company Incorporated's sponsor-wide assets grew 13.6%, from $3M to $3M.
Which 401(k) plans are similar in size to Parker Machine Company Incorporated 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Arp Sciences LLC 401(k) Plan in MD ($3M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Parker Machine Company Incorporated 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Knowledge Commerce Group Gainesville, Inc. 401(k) Plan in VA (17 participants, $343K in assets).