401(k) · DOL Form 5500 · 2023

Metal Craft Machine & Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
262
Participants Below avg headcount
76th
Percentile by assets National rank
$90,573
Avg per participant Below avg balance/head
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Official DOL plan name: Metal Craft Machine & Engineering Inc, 401(k) Plan · Sponsored by Metal Craft Machine & Engineering, Inc. · Minnesota · Manufacturing

$24M in assets, 262 participants

Metal Craft Machine & Engineering, Inc.'s Metal Craft Machine & Engineering Inc, 401(k) Plan reported $24M in total assets and 262 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,413 in Manufacturing (18,722 peers)

Coverage in Minnesota

Metal Craft Machine & Engineering Inc, 401(k) Plan covers 262 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $24M.

#12,413
in Manufacturing (18,722 peers)
+32.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Metal Craft Machine & Engineering Inc, 401(k) Plan's outsized position by total assets

Metal Craft Machine & Engineering Inc, 401(k) Plan vs every filed plan by assets

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

$23,730,105 Top 24% higher than 76% 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

Metal Craft Machine & Engineering Inc, 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. Metal Craft Machine & Engineering Inc, 401(k) Plan sits mid-pack in the medium band (262 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metal Craft Machine & Engineering Inc, 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Metal Craft Machine & Engineering Inc, 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Metal Craft Machine & Engineering Inc, 401(k) Plan reported participants fell from 297 in the plan year 2022 filing to 262 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411457386 · Metal Craft Machine & Engineering, Inc. PY 2023 · 401(k)

Metal Craft Machine & Engineering Inc, 401(k) Plan · $24M · 262 · 76th

  • PHOTO $24M
  • IND 262
  • EOY 76th
  • 5500 401(k)
  • ASSETS near Mei Rigging and Crating LLC 401(k) Profit Sharing Plan and Trust
  • PCT ind #12413

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 Minnesota →

Metal Craft Machine & Engineering Inc, 401(k) Plan in the asset neighbourhood

Metal Craft Machine & Engineering Inc, 401(k) PlanMetal Craft Machine & Engine…$24MMei Rigging and Crating LLC 401(k) Profit Sharing Plan and TrustMei Rigging and Crating LLC …$24MCes 401(k) Plan$24MElectricom 401(k) Savings PlanElectricom 401(k) Savings Pl…$24MMoveero, Inc. Retirement Plan$24M
End-of-year total assets ($M) among Metal Craft Machine & Engineering Inc, 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$24M
Net Income$6M
Employer EIN411457386
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metal Craft Machine & Engineering, Inc.)

Sponsor-wide plan assets over time

All Metal Craft Machine & Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 47.60226621252487% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.9M $26.4M ▲ +47.6%
Year Plans Participants Total Assets
2022 1 297 $18M
2023 1 262 $24M
2024 1 266 $26M

Nearby 401(k) Plans in Minnesota

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

Metal Craft Machine & Engineering Inc, 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Metal Craft Machine & Engineering Inc, 401(k) Plan, Total assets ($B): 0.023730105 · Participants: 262Metal Craft Machine & Engineering Inc, 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Metal Craft Machine & Engineering Inc, 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Metal Craft Machine & Engineering Inc, 401(k) Plan side-by-side with 3 peers →

Metal Craft Machine & Engineering Inc, 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Mei Rigging and Crating LLC 401(k) Profit Sharing Plan and Trust in OR ($24M); by covered participants it is Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan in IN (262 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (262 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 Metal Craft Machine & Engineering Inc, 401(k) Plan assets move in 2023? ▼
Metal Craft Machine & Engineering Inc, 401(k) Plan surged - up 32.5% during 2023, from $18M to $24M. Reported net income was $6M.
How have Metal Craft Machine & Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metal Craft Machine & Engineering, Inc.'s sponsor-wide assets grew 47.6%, from $18M to $26M.
Where does Metal Craft Machine & Engineering Inc, 401(k) Plan rank by assets among Form 5500 filers? ▼
Metal Craft Machine & Engineering Inc, 401(k) Plan ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Metal Craft Machine & Engineering Inc, 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mei Rigging and Crating LLC 401(k) Profit Sharing Plan and Trust in OR ($24M, 820 participants).
Which 401(k) plans cover a similar participant headcount to Metal Craft Machine & Engineering Inc, 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan in IN (262 participants, N/A 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 411457386.

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.