401(k) · DOL Form 5500 · 2024

Methods Machine Tools, Inc. 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
307
Participants Below avg headcount
86th
Percentile by assets National rank
$196,167
Avg per participant Above avg balance/head
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Official DOL plan name: Methods Machine Tools, Inc. Retirement Savings Plan · Sponsored by Methods Machine Tools, Inc. · Massachusetts · Manufacturing

$60M in assets, 307 participants

Methods Machine Tools, Inc.'s Methods Machine Tools, Inc. Retirement Savings Plan reported $60M in total assets and 307 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,242 in Manufacturing (17,777 peers)

Coverage in Massachusetts

Methods Machine Tools, Inc. Retirement Savings Plan covers 307 participants in Massachusetts, about 47% of the average Massachusetts filer (state average ~659 per filing). Assets: $60M.

#14,242
in Manufacturing (17,777 peers)
+11.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Methods Machine Tools, Inc. Retirement Savings Plan's outsized position by total assets

Methods Machine Tools, Inc. Retirement Savings Plan vs every filed plan by assets

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

$60,223,125 Top 14% higher than 86% 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

Methods Machine Tools, Inc. Retirement 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. Methods Machine Tools, Inc. Retirement Savings Plan sits mid-pack in the medium band (307 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Methods Machine Tools, Inc. Retirement Savings Plan reported participants fell from 396 in the plan year 2023 filing to 307 in the plan year 2024 filing.
  • Methods Machine Tools, Inc. Retirement Savings Plan reported net income rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Methods Machine Tools, Inc. Retirement Savings Plan end-of-year assets rose from $54M in the plan year 2023 filing to $60M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 042254513 · Methods Machine Tools, Inc. PY 2024 · 401(k)

Methods Machine Tools, Inc. Retirement Savings Plan · $60M · 307 · 86th

  • BOOK $60M
  • VS-ST 307
  • BOY 86th
  • SCH 401(k)
  • EBSA near Jefferson Homebuilders, Inc. Employees' Profit Sharing Plan
  • PART ind #14242

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 Massachusetts →

Methods Machine Tools, Inc. Retirement Savings Plan in the asset neighbourhood

Tax Deferred Annuity Plan of Adapt Community NetworkTax Deferred Annuity Plan of…$60MResonetics 401(k) Plan$60MMethods Machine Tools, Inc. Retirement Savings PlanMethods Machine Tools, Inc. …$60MJefferson Homebuilders, Inc. Employees' Profit Sharing PlanJefferson Homebuilders, Inc.…$60MSan Joaquin Valley College, Inc. 401(k) Profit Sharing PlanSan Joaquin Valley College, …$60M
End-of-year total assets ($M) among Methods Machine Tools, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$60M
Net Income$6M
Employer EIN042254513
Plan Effective Date1969-08-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Methods Machine Tools, Inc.)

Sponsor-wide plan assets over time

All Methods Machine Tools, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60M 22.64783006169607% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $49.1M $60.2M ▲ +22.6%
Year Plans Participants Total Assets
2022 1 380 $49M
2023 1 396 $54M
2024 1 307 $60M

Nearby 401(k) Plans in Massachusetts

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

Methods Machine Tools, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Methods Machine Tools, Inc. Retirement Savings Plan, Total assets ($B): 0.060223125 · Participants: 307Methods Machine Tools, Inc. Retirement Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Methods Machine Tools, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Methods Machine Tools, Inc. Retirement Savings Plan side-by-side with 3 peers →

Methods Machine Tools, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Jefferson Homebuilders, Inc. Employees' Profit Sharing Plan in VA ($60M); by covered participants it is Enghouse Interactive 401(k) Plan in NJ (307 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (307 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 Methods Machine Tools, Inc. Retirement Savings Plan assets move in 2024? ▼
Methods Machine Tools, Inc. Retirement Savings Plan grew at a solid clip - up 11.1% during 2024, from $54M to $60M. Reported net income was $6M.
How have Methods Machine Tools, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Methods Machine Tools, Inc.'s sponsor-wide assets grew 22.6%, from $49M to $60M.
Where does Methods Machine Tools, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Methods Machine Tools, Inc. Retirement Savings Plan ranks in the 86th 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 Methods Machine Tools, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jefferson Homebuilders, Inc. Employees' Profit Sharing Plan in VA ($60M, 502 participants).
Which 401(k) plans cover a similar participant headcount to Methods Machine Tools, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Enghouse Interactive 401(k) Plan in NJ (307 participants, $103M 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 042254513.

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.