401(k) · DOL Form 5500 · 2024

Johnson Machine Works 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
72
Participants Small participant base
63rd
Percentile by assets National rank
$194,545
Avg per participant Above avg balance/head
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Official DOL plan name: Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan · Sponsored by Johnson Machine Works · Iowa · Manufacturing

$14M in assets, 72 participants

Johnson Machine Works's Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan reported $14M in total assets and 72 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #8,987 in Manufacturing (17,777 peers)

Johnson Machine Works multi-year trail

Johnson Machine Works's plans moved +26.0% in assets from 2022 to 2024; this filing shows Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan at $14M / 72 participants.

#8,987
in Manufacturing (17,777 peers)
+19.4%
assets growth YoY

Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$14,007,247 Top 37% higher than 63% 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

Johnson Machine Works, Inc. Profit Sharing and 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. Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan is a small filing (72 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan reported net income rose from $611K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan end-of-year assets rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan reported participants rose from 69 in the plan year 2023 filing to 72 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 420639871 · Johnson Machine Works PY 2024 · 401(k)

Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan · $14M · 72 · 63rd

  • 5500 $14M
  • 5500 72
  • 5500 63rd
  • 5500 401(k)
  • 5500 near Banner 401(k) Plan
  • 5500 ind #8987

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 Iowa →

Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan in the asset neighbourhood

Johnson Machine Works, Inc. Profit Sharing and 401(k) PlanJohnson Machine Works, Inc. …$14MBanner 401(k) Plan$14MChicago Rivet & Machine Co. Profit Sharing PlanChicago Rivet & Machine Co. …$14MStanley Pearlman Enterprises 401(k) PlanStanley Pearlman Enterprises…$14MGeneral Produce Distribution Company, LLC Retirement PlanGeneral Produce Distribution…$14M
End-of-year total assets ($M) among Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Johnson Machine Works multi-year asset trail

Sponsor-wide plan assets over time

All Johnson Machine Works plans reported in each filing year

Latest sponsor-wide plan assets
$14M 25.989456720412047% vs 2022
2024 filing year
$10M$11M$12M$13M$14M$15M 202220232024 $11.1M $14M ▲ +26.0%
Year Plans Participants Total Assets
2022 1 72 $11M
2023 1 69 $12M
2024 1 72 $14M

Johnson Machine Works filing trail (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN420639871
Plan Effective Date1966-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Iowa

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

Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan, Total assets ($B): 0.014007247 · Participants: 72Johnson Machine Works, Inc. Profit Sharing and 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan side-by-side with 3 peers →

Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Banner 401(k) Plan in LA ($14M); by covered participants it is Malonebailey LLP 401(k) Profit Sharing Plan in TX (72 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (72 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 Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan assets move in 2024? ▼
Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan grew sharply - up 19.4% during 2024, from $12M to $14M. Reported net income was $2M.
How have Johnson Machine Works plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Johnson Machine Works's sponsor-wide assets grew 26.0%, from $11M to $14M.
Which 401(k) plans are similar in size to Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Banner 401(k) Plan in LA ($14M, 212 participants).
Which 401(k) plans cover a similar participant headcount to Johnson Machine Works, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Malonebailey LLP 401(k) Profit Sharing Plan in TX (72 participants, $5M 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 420639871.

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.