401(k) · DOL Form 5500 · 2024

Sanks Machining, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
14
Participants Small participant base
25th
Percentile by assets National rank
$85,665
Avg per participant Below avg balance/head
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Official DOL plan name: Sanks Machining, Inc. · Sponsored by Sanks Machining, Inc. · Illinois · Manufacturing

$1M in assets, 14 participants

Sanks Machining, Inc.'s Sanks Machining, Inc. reported $1M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #1,885 in Manufacturing (17,777 peers)

Sanks Machining, Inc. multi-year trail

Sanks Machining, Inc.'s plans moved +108.7% in assets from 2022 to 2024; this filing shows Sanks Machining, Inc. at $1M / 14 participants.

#1,885
in Manufacturing (17,777 peers)
+46.1%
assets growth YoY

Sanks Machining, Inc. among the smaller filed plans by assets

Sanks Machining, Inc. vs every filed plan by assets

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

$1,199,312 25th percentile higher than 25% 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

Sanks Machining, Inc. among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sanks Machining, Inc. is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sanks Machining, Inc. reported net income rose from $246K in the plan year 2023 filing to $378K in the plan year 2024 filing.
  • Sanks Machining, Inc. end-of-year assets rose from $821K in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 364130409 · Sanks Machining, Inc. PY 2024 · 401(k)

Sanks Machining, Inc. · $1M · 14 · 25th

  • BOOK $1M
  • VS-ST 14
  • BOY 25th
  • SCH 401(k)
  • EBSA near Trew Audio, Inc. 401(k) Plan
  • PART ind #1885

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 Illinois →

Sanks Machining, Inc. in the asset neighbourhood

Sanks Machining, Inc.$1MTrew Audio, Inc. 401(k) Plan$1MBethesda Health Clinic 401(k) Profit Sharing Plan and TrustBethesda Health Clinic 401(k…$1MThe Publick House Retirement PlanThe Publick House Retirement…$1MS&a Miller Group Retirement PlanS&a Miller Group Retirement …$1M
End-of-year total assets ($M) among Sanks Machining, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Sanks Machining, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Sanks Machining, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 108.65728562083316% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M$1.4M 202220232024 $0.57M $1.2M ▲ +110.5%
Year Plans Participants Total Assets
2022 1 N/A $575K
2023 1 14 $821K
2024 1 14 $1M

Sanks Machining, Inc. filing trail (2024)

Total Assets (Beginning of Year)$821K
Net Assets (End of Year)$1M
Net Income$378K
Employer EIN364130409
Plan Effective Date2022-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Sanks Machining, Inc. vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Sanks Machining, Inc., Total assets ($B): 0.001199312 · Participants: 14Sanks Machining, Inc.Accenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Sanks Machining, Inc. vs. nearby 401(k) plans in Illinois, assets vs. participants

Sanks Machining, Inc.'s out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Trew Audio, Inc. 401(k) Plan in TN ($1M); by covered participants it is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (14 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 Sanks Machining, Inc. assets move in 2024?
Sanks Machining, Inc. surged - up 46.1% during 2024, from $821K to $1M. Reported net income was $378K.
How have Sanks Machining, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sanks Machining, Inc.'s sponsor-wide assets grew 108.7%, from $575K to $1M.
Where does Sanks Machining, Inc. rank by assets among Form 5500 filers?
Sanks Machining, Inc. ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which 401(k) plans are similar in size to Sanks Machining, Inc.?
Among 401(k) plans in other states, the closest by assets is Trew Audio, Inc. 401(k) Plan in TN ($1M, 31 participants).
Which 401(k) plans cover a similar participant headcount to Sanks Machining, Inc.?
Among 401(k) plans in other states, the closest by covered participants is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants, $3M in assets).