401(k) · DOL Form 5500 · 2024

Materials Processing, Inc. 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
305
Participants Below avg headcount
80th
Percentile by assets National rank
$114,557
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Employees Savings and Investment Plan of Materials Processing Inc. · Sponsored by Materials Processing, Inc. · Indiana · Manufacturing

$35M in assets, 305 participants

Materials Processing, Inc.'s Employees Savings and Investment Plan of Materials Processing Inc. reported $35M in total assets and 305 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #12,736 in Manufacturing (17,777 peers)

Where Employees Savings and Investment Plan of Materials Processing Inc. sits by assets

Employees Savings and Investment Plan of Materials Processing Inc. sits in the top quartile of all filed plans by assets, $35M for 305 participants (~$114,557/participant), up 4.7% in 2024.

#12,736
in Manufacturing (17,777 peers)
+4.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Employees Savings and Investment Plan of Materials Processing Inc.'s outsized position by total assets

Employees Savings and Investment Plan of Materials Processing Inc. vs every filed plan by assets

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

$34,939,974 Top 20% higher than 80% 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

Employees Savings and Investment Plan of Materials Processing Inc. 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. Employees Savings and Investment Plan of Materials Processing Inc. sits mid-pack in the medium band (305 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Employees Savings and Investment Plan of Materials Processing Inc. reported net income rose from $467K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Employees Savings and Investment Plan of Materials Processing Inc. end-of-year assets rose from $33M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Employees Savings and Investment Plan of Materials Processing Inc. reported participants rose from 299 in the plan year 2023 filing to 305 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351343660 · Materials Processing, Inc. PY 2024 · 401(k)

Employees Savings and Investment Plan of Materials Processing Inc. · $35M · 305 · 80th

  • VS-ST $35M
  • BOY 305
  • SCH 80th
  • EBSA 401(k)
  • PART near In Touch Ministries Retirement Plan
  • TYPE ind #12736

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 →

Employees Savings and Investment Plan of Materials Processing Inc. in the asset neighbourhood

Employees Savings and Investment Plan of Materials Processing Inc.Employees Savings and Invest…$35MIn Touch Ministries Retirement PlanIn Touch Ministries Retireme…$35MCooper Steel Employee Savings and Retirement PlanCooper Steel Employee Saving…$35MJoseph J. Albanese, Inc. 401(k) Profit Sharing PlanJoseph J. Albanese, Inc. 401…$35MPinnacle Employee Services, LLC 401(k) and Profit Sharing PlanPinnacle Employee Services, …$35M
End-of-year total assets ($M) among Employees Savings and Investment Plan of Materials Processing Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$35M
Net Income$2M
Employer EIN351343660
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Materials Processing, Inc.)

Sponsor-wide plan assets over time

All Materials Processing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 50.09570213622735% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $37.3M $56M ▲ +50.1%
Year Plans Participants Total Assets
2022 2 652 $37M
2023 2 570 $47M
2024 2 581 $56M

Nearby 401(k) Plans in Indiana

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

Employees Savings and Investment Plan of Materials Processing Inc. vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Employees Savings and Investment Plan of Materials Processing Inc., Total assets ($B): 0.034939974 · Participants: 305Employees Savings and Investment Plan of Materials Processing Inc.The 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
Employees Savings and Investment Plan of Materials Processing Inc. vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Employees Savings and Investment Plan of Materials Processing Inc. side-by-side with 3 peers →

Employees Savings and Investment Plan of Materials Processing Inc.'s out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is In Touch Ministries Retirement Plan in GA ($35M); by covered participants it is Ineight Inc. 401(k) Plan in AZ (305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (305 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 Employees Savings and Investment Plan of Materials Processing Inc. assets move in 2024? ▼
Employees Savings and Investment Plan of Materials Processing Inc. edged up modestly - up 4.7% during 2024, from $33M to $35M. Reported net income was $2M.
How have Materials Processing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Materials Processing, Inc.'s sponsor-wide assets grew 50.1%, from $37M to $56M.
Where does Employees Savings and Investment Plan of Materials Processing Inc. rank by assets among Form 5500 filers? ▼
Employees Savings and Investment Plan of Materials Processing Inc. ranks in the 80th 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 Employees Savings and Investment Plan of Materials Processing Inc.? ▼
Among 401(k) plans in other states, the closest by assets is In Touch Ministries Retirement Plan in GA ($35M, 173 participants).
Which 401(k) plans cover a similar participant headcount to Employees Savings and Investment Plan of Materials Processing Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Ineight Inc. 401(k) Plan in AZ (305 participants, $42M 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 351343660.

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.