401(k) · DOL Form 5500 · 2024

Max-Tech, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
669
Participants Below avg headcount
65th
Percentile by assets National rank
$22,740
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Max-Tech Inc. 401(k) Profit Sharing Plan · Sponsored by Max-Tech, Inc. · Minnesota · Wholesale Trade

$15M in assets, 669 participants

Max-Tech, Inc.'s Max-Tech Inc. 401(k) Profit Sharing Plan reported $15M in total assets and 669 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #3,508 in Wholesale Trade (6,080 peers)

Max-Tech, Inc. multi-year trail

Max-Tech, Inc.'s plans moved +87.9% in assets from 2022 to 2024; this filing shows Max-Tech Inc. 401(k) Profit Sharing Plan at $15M / 669 participants.

#3,508
in Wholesale Trade (6,080 peers)
+28.3%
assets growth YoY

Max-Tech Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Max-Tech Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$15,213,316 Top 35% higher than 65% 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

Max-Tech Inc. 401(k) Profit Sharing 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. Max-Tech Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (669 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Max-Tech Inc. 401(k) Profit Sharing Plan reported participants rose from 420 in the plan year 2023 filing to 669 in the plan year 2024 filing.
  • Max-Tech Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Max-Tech Inc. 401(k) Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 203705624 · Max-Tech, Inc. PY 2024 · 401(k)

Max-Tech Inc. 401(k) Profit Sharing Plan · $15M · 669 · 65th

  • PHOTO $15M
  • IND 669
  • EOY 65th
  • 5500 401(k)
  • ASSETS near Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan
  • PCT ind #3508

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Max-Tech Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Max-Tech Inc. 401(k) Profit Sharing PlanMax-Tech Inc. 401(k) Profit …$15MIndependent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) PlanIndependent Southern Bancsha…$15MLco 401(k) Plan$15MInvestor Group Services, LLC 401(k) PlanInvestor Group Services, LLC…$15MAssociated General Contractors of Maine 401(k) Profit Sharing Plan and TrustAssociated General Contracto…$15M
End-of-year total assets ($M) among Max-Tech Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Max-Tech, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Max-Tech, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 87.88846674314773% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $8.1M $15.2M ▲ +87.8%
Year Plans Participants Total Assets
2022 1 283 $8M
2023 1 420 $12M
2024 1 669 $15M

Max-Tech, Inc. filing trail (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN203705624
Plan Effective Date1979-12-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Max-Tech Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Max-Tech Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.015213316 · Participants: 669Max-Tech Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Max-Tech Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Max-Tech Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Max-Tech Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan in TN ($15M); by covered participants it is Mature Care of Standifer Place 401(k) Plan in TN (669 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (669 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 Max-Tech Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Max-Tech Inc. 401(k) Profit Sharing Plan grew sharply - up 28.3% during 2024, from $12M to $15M. Reported net income was $3M.
How have Max-Tech, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Max-Tech, Inc.'s sponsor-wide assets grew 87.9%, from $8M to $15M.
Which 401(k) plans are similar in size to Max-Tech Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan in TN ($15M, 101 participants).
Which 401(k) plans cover a similar participant headcount to Max-Tech Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mature Care of Standifer Place 401(k) Plan in TN (669 participants, $4M 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 203705624.

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.