401(k) · DOL Form 5500 · 2024

United Grinding & Machine Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
20
Participants Small participant base
37th
Percentile by assets National rank
$181,669
Avg per participant Above avg balance/head
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Official DOL plan name: United Grinding & Machine Co. 401(k) Profit Sharing Plan · Sponsored by United Grinding & Machine Company · Ohio · Manufacturing

$4M in assets, 20 participants

United Grinding & Machine Company's United Grinding & Machine Co. 401(k) Profit Sharing Plan reported $4M in total assets and 20 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #3,567 in Manufacturing (17,777 peers)

2024 asset change

United Grinding & Machine Co. 401(k) Profit Sharing Plan declined sharply 18.4% in 2024 ($4M → $4M) for 20 participants.

#3,567
in Manufacturing (17,777 peers)
-18.4%
assets change YoY

The plan reported a net loss of $821K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

United Grinding & Machine Co. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

United Grinding & Machine Co. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,633,379 37th percentile higher than 37% 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

United Grinding & Machine Co. 401(k) Profit Sharing 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. United Grinding & Machine Co. 401(k) Profit Sharing Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Grinding & Machine Co. 401(k) Profit Sharing Plan reported net income fell from $570K in the plan year 2023 filing to -$821K in the plan year 2024 filing.
  • United Grinding & Machine Co. 401(k) Profit Sharing Plan end-of-year assets fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • United Grinding & Machine Co. 401(k) Profit Sharing Plan reported participants fell from 22 in the plan year 2023 filing to 20 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 341009199 · United Grinding & Machine Company PY 2024 · 401(k)

United Grinding & Machine Co. 401(k) Profit Sharing Plan · $4M · 20 · 37th

  • BOY $4M
  • BOY 20
  • BOY 37th
  • BOY 401(k)
  • BOY near P&r Industries, Inc. Employees' Savings and Profit Sharing Plan
  • BOY ind #3567

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 Ohio →

United Grinding & Machine Co. 401(k) Profit Sharing Plan in the asset neighbourhood

United Grinding & Machine Co. 401(k) Profit Sharing PlanUnited Grinding & Machine Co…$4MP&r Industries, Inc. Employees' Savings and Profit Sharing PlanP&r Industries, Inc. Employe…$4MEzcom Software Inc. 401(k) PlanEzcom Software Inc. 401(k) P…$4M403(b) Thrift Plan for Employees of Hiv/Aids Alliance for Region Two (Haart), Inc. D/B/a Open Health Care Clinic403(b) Thrift Plan for Emplo…$4MPotomac Healthcare Solutions, LLC Retirement Savings PlanPotomac Healthcare Solutions…$4M
End-of-year total assets ($M) among United Grinding & Machine Co. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

United Grinding & Machine Company years around the 2024 move

Sponsor-wide plan assets over time

All United Grinding & Machine Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 6.456264562388167% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $3.88M $3.63M ▼ -6.4%
Year Plans Participants Total Assets
2022 1 22 $4M
2023 1 22 $4M
2024 1 20 $4M

2024 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$821K
Employer EIN341009199
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

United Grinding & Machine Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants United Grinding & Machine Co. 401(k) Profit Sharing Plan, Total assets ($B): 0.003633379 · Participants: 20United Grinding & Machine Co. 401(k) Profit Sharing PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
United Grinding & Machine Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

United Grinding & Machine Co. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is P&r Industries, Inc. Employees' Savings and Profit Sharing Plan in NY ($4M); by covered participants it is Aae 401(k) Retirement Plan in MN (20 participants). Same-state nearby plans are listed separately above.

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 United Grinding & Machine Co. 401(k) Profit Sharing Plan assets move in 2024?
United Grinding & Machine Co. 401(k) Profit Sharing Plan declined sharply - down 18.4% during 2024, from $4M to $4M. Reported net income was -$821K.
How have United Grinding & Machine Company plan assets changed over time?
Across 3 plan years on file (2022-2024), United Grinding & Machine Company's sponsor-wide assets declined 6.5%, from $4M to $4M.
Which 401(k) plans are similar in size to United Grinding & Machine Co. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is P&r Industries, Inc. Employees' Savings and Profit Sharing Plan in NY ($4M, 26 participants).
Which 401(k) plans cover a similar participant headcount to United Grinding & Machine Co. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Aae 401(k) Retirement Plan in MN (20 participants, N/A in assets).