401(k) · DOL Form 5500 · 2024

Simonds Machinery Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
9
Participants Small participant base
39th
Percentile by assets National rank
$456,409
Avg per participant High balance/head
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Official DOL plan name: Simonds Machinery Company 401(k) Profit Sharing Plan & Trust · Sponsored by Simonds Machinery Company · California · Other Services

$4M in assets, 9 participants

Simonds Machinery Company's Simonds Machinery Company 401(k) Profit Sharing Plan & Trust reported $4M in total assets and 9 participants in its 2024 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.

  • #4,753 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Simonds Machinery Company 401(k) Profit Sharing Plan & Trust ranks #4,753 of 7,719 2024 filers by assets (489% of the sector average)-$4M for 9 participants.

#4,753
in Other Services (7,719 peers)
+22.1%
assets growth YoY

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Other Services and all filers

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$4,107,678 39th percentile higher than 39% 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

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Simonds Machinery Company 401(k) Profit Sharing Plan & Trust is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Simonds Machinery Company 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Simonds Machinery Company 401(k) Profit Sharing Plan & Trust reported net income rose from $702K in the plan year 2023 filing to $742K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 940870490 · Simonds Machinery Company PY 2024 · 401(k)

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust · $4M · 9 · 39th

  • EBSA $4M
  • PART 9
  • TYPE 39th
  • NET 401(k)
  • BOOK near Envirovac Holdings 401(k) Savings Plan
  • VS-ST ind #4753

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 Other Services retirement plans → · Plans in California →

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Simonds Machinery Company 401(k) Profit Sharing Plan & TrustSimonds Machinery Company 40…$4MEnvirovac Holdings 401(k) Savings PlanEnvirovac Holdings 401(k) Sa…$4MThe Caldwell Foundation 401(k) PlanThe Caldwell Foundation 401(…$4MAts Drilling Employees 401(k) PlanAts Drilling Employees 401(k…$4MStonehedge Funding, LLC 401(k) PlanStonehedge Funding, LLC 401(…$4M
End-of-year total assets ($M) among Simonds Machinery Company 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$742K
Employer EIN940870490
Plan Effective Date1974-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Simonds Machinery Company)

Sponsor-wide plan assets over time

All Simonds Machinery Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 54.25007669924021% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.66M $4.11M ▲ +54.5%
Year Plans Participants Total Assets
2022 1 10 $3M
2023 1 9 $3M
2024 1 9 $4M

Nearby 401(k) Plans in California

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

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Simonds Machinery Company 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.004107678 · Participants: 9Simonds Machinery Company 401(k) Profit Sharing Plan & TrustGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Simonds Machinery Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in California, assets vs. participants
Compare Simonds Machinery Company 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Simonds Machinery Company 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Envirovac Holdings 401(k) Savings Plan in GA ($4M); by covered participants it is Greene-Niesen Insurance Agency Inc Savings & Retirement Plan in WI (9 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Simonds Machinery Company 401(k) Profit Sharing Plan & Trust assets move in 2024? ▼
Simonds Machinery Company 401(k) Profit Sharing Plan & Trust grew sharply - up 22.1% during 2024, from $3M to $4M. Reported net income was $742K.
How have Simonds Machinery Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simonds Machinery Company's sponsor-wide assets grew 54.3%, from $3M to $4M.
Which 401(k) plans are similar in size to Simonds Machinery Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Envirovac Holdings 401(k) Savings Plan in GA ($4M, 368 participants).
Which 401(k) plans cover a similar participant headcount to Simonds Machinery Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Greene-Niesen Insurance Agency Inc Savings & Retirement Plan in WI (9 participants, $684K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 940870490.

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.