401(k) · DOL Form 5500 · 2024

Quality Machine & Tool Works, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
53
Participants Small participant base
34th
Percentile by assets National rank
$58,045
Avg per participant Low balance/head
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Official DOL plan name: Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan · Sponsored by Quality Machine & Tool Works, Inc. · Indiana · Manufacturing

$3M in assets, 53 participants

Quality Machine & Tool Works, Inc.'s Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan reported $3M in total assets and 53 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,183 in Manufacturing (17,777 peers)

Quality Machine & Tool Works, Inc. multi-year trail

Quality Machine & Tool Works, Inc.'s plans moved +13.9% in assets from 2022 to 2024; this filing shows Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan at $3M / 53 participants.

#3,183
in Manufacturing (17,777 peers)
-1.3%
assets change YoY

The plan reported a net loss of $42K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan vs every filed plan by assets

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

$3,076,360 34th percentile higher than 34% 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

Quality Machine & Tool Works, Inc. Tax Savings & Retirement 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. Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan is a small filing (53 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan reported net income fell from $417K in the plan year 2023 filing to -$42K in the plan year 2024 filing.
  • Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan reported participants fell from 59 in the plan year 2023 filing to 53 in the plan year 2024 filing.
  • Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan end-of-year assets fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 351376014 · Quality Machine & Tool Works, Inc. PY 2024 · 401(k)

Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan · $3M · 53 · 34th

  • EIN $3M
  • EIN 53
  • EIN 34th
  • EIN 401(k)
  • EIN near Guam Radiology Consultants 401(k) Retirement Savings Plan
  • EIN ind #3183

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 Indiana →

Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan in the asset neighbourhood

Quality Machine & Tool Works, Inc. Tax Savings & Retirement PlanQuality Machine & Tool Works…$3MGuam Radiology Consultants 401(k) Retirement Savings PlanGuam Radiology Consultants 4…$3MMedalist Golf Club, Inc. 401(k) Profit Sharing Plan and TrustMedalist Golf Club, Inc. 401…$3MPayson Fruit Growers 401(k) Profit Sharing PlanPayson Fruit Growers 401(k) …$3MCarden Jennings Publishing 401(k) PlanCarden Jennings Publishing 4…$3M
End-of-year total assets ($M) among Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Quality Machine & Tool Works, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Quality Machine & Tool Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 13.914746493439745% vs 2022
2024 filing year
$2.6M$2.8M$3M$3.2M 202220232024 $2.7M $3.08M ▲ +14.1%
Year Plans Participants Total Assets
2022 1 55 $3M
2023 1 59 $3M
2024 1 53 $3M

Quality Machine & Tool Works, Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$42K
Employer EIN351376014
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan, Total assets ($B): 0.00307636 · Participants: 53Quality Machine & Tool Works, Inc. Tax Savings & Retirement PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan side-by-side with 3 peers →

Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Guam Radiology Consultants 401(k) Retirement Savings Plan in GU ($3M); by covered participants it is Belmont Day School, Corp 401(k) Plan in VA (53 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (53 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 Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan assets move in 2024? ▼
Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan edged down modestly - down 1.3% during 2024, from $3M to $3M. Reported net income was -$42K.
How have Quality Machine & Tool Works, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quality Machine & Tool Works, Inc.'s sponsor-wide assets grew 13.9%, from $3M to $3M.
Which 401(k) plans are similar in size to Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Guam Radiology Consultants 401(k) Retirement Savings Plan in GU ($3M, 172 participants).
Which 401(k) plans cover a similar participant headcount to Quality Machine & Tool Works, Inc. Tax Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Belmont Day School, Corp 401(k) Plan in VA (53 participants, N/A 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 351376014.

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.