401(k) · DOL Form 5500 · 2024

Stowers Machinery Corporation 401(k) Plan

Data updated 2026-08-25

$87M
Total assets Below avg plan size
493
Participants Below avg headcount
89th
Percentile by assets National rank
$177,338
Avg per participant Above avg balance/head
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Official DOL plan name: Stowers Machinery Corporation 401(k) Plan · Sponsored by Stowers Machinery Corporation · Tennessee · Other Services

$87M in assets, 493 participants

Stowers Machinery Corporation's Stowers Machinery Corporation 401(k) Plan reported $87M in total assets and 493 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,409 in Other Services (7,719 peers)

Coverage in Tennessee

Stowers Machinery Corporation 401(k) Plan covers 493 participants in Tennessee, about 44% of the average Tennessee filer (state average ~1,126 per filing). Assets: $87M.

#7,409
in Other Services (7,719 peers)
+8.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Stowers Machinery Corporation 401(k) Plan's outsized position by total assets

Stowers Machinery Corporation 401(k) Plan vs every filed plan by assets

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

$87,427,408 Top 11% higher than 89% 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

Stowers Machinery Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Stowers Machinery Corporation 401(k) Plan sits mid-pack in the medium band (493 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Stowers Machinery Corporation 401(k) Plan reported net income fell from $13M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Stowers Machinery Corporation 401(k) Plan reported participants rose from 438 in the plan year 2023 filing to 493 in the plan year 2024 filing.
  • Stowers Machinery Corporation 401(k) Plan end-of-year assets rose from $81M in the plan year 2023 filing to $87M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 620636387 · Stowers Machinery Corporation PY 2024 · 401(k)

Stowers Machinery Corporation 401(k) Plan · $87M · 493 · 89th

  • BOOK $87M
  • BOOK 493
  • BOOK 89th
  • BOOK 401(k)
  • BOOK near Axway Inc. 401(k) Plan
  • BOOK ind #7409

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 Tennessee →

Stowers Machinery Corporation 401(k) Plan in the asset neighbourhood

Vaughn Industries, LLC 401(k) Profit Sharing PlanVaughn Industries, LLC 401(k…$87MStowers Machinery Corporation 401(k) PlanStowers Machinery Corporatio…$87MAxway Inc. 401(k) Plan$87MAi-Cares Retirement Savings PlanAi-Cares Retirement Savings …$87MDeutsch Family Wine & Spirits 401(k) Savings PlanDeutsch Family Wine & Spirit…$87M
End-of-year total assets ($M) among Stowers Machinery Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$81M
Net Assets (End of Year)$87M
Net Income$6M
Employer EIN620636387
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Stowers Machinery Corporation)

Sponsor-wide plan assets over time

All Stowers Machinery Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$87M 27.824637235483575% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $68.4M $87.4M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 396 $68M
2023 1 438 $81M
2024 1 493 $87M

Nearby 401(k) Plans in Tennessee

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

Stowers Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Stowers Machinery Corporation 401(k) Plan, Total assets ($B): 0.087427408 · Participants: 493Stowers Machinery Corporation 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Stowers Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Stowers Machinery Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Axway Inc. 401(k) Plan in AZ ($87M); by covered participants it is Well Care Home Health Care Retirement Savings Plan in NC (493 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($87M here).

Similar participant headcount

Nearest other-state filings by covered participants (493 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 Stowers Machinery Corporation 401(k) Plan assets move in 2024?
Stowers Machinery Corporation 401(k) Plan grew at a solid clip - up 8.0% during 2024, from $81M to $87M. Reported net income was $6M.
How have Stowers Machinery Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Stowers Machinery Corporation's sponsor-wide assets grew 27.8%, from $68M to $87M.
Where does Stowers Machinery Corporation 401(k) Plan rank by assets among Form 5500 filers?
Stowers Machinery Corporation 401(k) Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Stowers Machinery Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Axway Inc. 401(k) Plan in AZ ($87M, 328 participants).
Which 401(k) plans cover a similar participant headcount to Stowers Machinery Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Well Care Home Health Care Retirement Savings Plan in NC (493 participants, $16M in assets).