401(k) · DOL Form 5500 · 2024

Makita USA, Inc. 401(k) Plan

Data updated 2026-08-25

$99M
Total assets Below avg plan size
714
Participants Below avg headcount
90th
Percentile by assets National rank
$138,820
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Makita Shared Savings Plan · Sponsored by Makita USA, Inc. · California · Manufacturing

$99M in assets, 714 participants

Makita USA, Inc.'s Makita Shared Savings Plan reported $99M in total assets and 714 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,245 in Manufacturing (17,777 peers)

Where Makita Shared Savings Plan sits by assets

Makita Shared Savings Plan sits in the top 10% of all filed plans by assets, $99M for 714 participants (~$138,820/participant), up 6.8% in 2024.

#15,245
in Manufacturing (17,777 peers)
+6.8%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Makita Shared Savings Plan's outsized position by total assets

Makita Shared Savings Plan vs every filed plan by assets

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

$99,117,720 Top 10% higher than 90% 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

Makita Shared Savings 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. Makita Shared Savings Plan sits mid-pack in the medium band (714 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Makita Shared Savings Plan reported net income fell from $11M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Makita Shared Savings Plan reported participants fell from 952 in the plan year 2023 filing to 714 in the plan year 2024 filing.
  • Makita Shared Savings Plan end-of-year assets rose from $93M in the plan year 2023 filing to $99M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 132672211 · Makita USA, Inc. PY 2024 · 401(k)

Makita Shared Savings Plan · $99M · 714 · 90th

  • ASSETS $99M
  • PCT 714
  • EIN 90th
  • RANK 401(k)
  • PHOTO near Lumbermens Merchandising Corporation Savings and Retirement Plan
  • IND ind #15245

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 California →

Makita Shared Savings Plan in the asset neighbourhood

Pipe Fitters Local Union No. 120 Annuity FundPipe Fitters Local Union No.…$99MMakita Shared Savings Plan$99MLumbermens Merchandising Corporation Savings and Retirement PlanLumbermens Merchandising Cor…$99MMclarens, LLC Defined Contribution 401(k) PlanMclarens, LLC Defined Contri…$99MLincoln Technical Institute, Inc 401(k) PlanLincoln Technical Institute,…$99M
End-of-year total assets ($M) among Makita Shared Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$99M
Net Income$6M
Employer EIN132672211
Plan Effective Date1986-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Makita USA, Inc.)

Sponsor-wide plan assets over time

All Makita USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$99M 20.51425754640021% vs 2022
2024 filing year
$80M$90M$100M$110M 202220232024 $82.3M $99.1M ▲ +20.5%
Year Plans Participants Total Assets
2022 1 865 $82M
2023 1 952 $93M
2024 1 714 $99M

Nearby 401(k) Plans in California

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

Makita Shared Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Makita Shared Savings Plan, Total assets ($B): 0.09911772 · Participants: 714Makita Shared Savings PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Makita Shared Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Makita Shared Savings Plan side-by-side with 3 peers →

Makita Shared Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Lumbermens Merchandising Corporation Savings and Retirement Plan in PA ($99M); by covered participants it is The Scott Fetzer Retirement Savings Plan in OH (714 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (714 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 Makita Shared Savings Plan assets move in 2024? ▼
Makita Shared Savings Plan grew at a solid clip - up 6.8% during 2024, from $93M to $99M. Reported net income was $6M.
How have Makita USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Makita USA, Inc.'s sponsor-wide assets grew 20.5%, from $82M to $99M.
Where does Makita Shared Savings Plan rank by assets among Form 5500 filers? ▼
Makita Shared Savings Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Makita Shared Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lumbermens Merchandising Corporation Savings and Retirement Plan in PA ($99M, 205 participants).
Which 401(k) plans cover a similar participant headcount to Makita Shared Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Scott Fetzer Retirement Savings Plan in OH (714 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 132672211.

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.