401(k) · DOL Form 5500 · 2024

Maspeth Welding Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
125
Participants Small participant base
53rd
Percentile by assets National rank
$69,773
Avg per participant Below avg balance/head
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Official DOL plan name: Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Maspeth Welding Inc. · New York · Management of Enterprises

$9M in assets, 125 participants

Maspeth Welding Inc.'s Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust reported $9M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #422 in Management of Enterprises (1,133 peers)

Coverage in New York

Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust covers 125 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $9M.

#422
in Management of Enterprises (1,133 peers)
-3.3%
assets change YoY

The plan reported a net loss of $297K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Management of Enterprises and all filers

Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$8,721,636 Top 47% higher than 53% 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

Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust 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. Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2024

  • Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to -$297K in the plan year 2024 filing.
  • Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust reported participants fell from 157 in the plan year 2022 filing to 125 in the plan year 2024 filing.
  • Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $9M in the plan year 2022 filing to $9M in the plan year 2024 filing.

See the national 2022→2024 release diff →

EBSA filing schedule strip

Filing strip 112424307 · Maspeth Welding Inc. PY 2024 · 401(k)

Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust · $9M · 125 · 53rd

  • EBSA $9M
  • EBSA 125
  • EBSA 53rd
  • EBSA 401(k)
  • EBSA near Patriot Bank, N.a. 401(k) Savings Plan
  • EBSA ind #422

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 Management of Enterprises retirement plans → · Plans in New York →

Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Maspeth Welding Inc. 401(k) Profit Sharing Plan and TrustMaspeth Welding Inc. 401(k) …$9MPatriot Bank, N.a. 401(k) Savings PlanPatriot Bank, N.a. 401(k) Sa…$9MBestway Rental, Inc. 401(k) PlanBestway Rental, Inc. 401(k) …$9MThe Growing Place Nursery & Flower Farm, Inc. Profit Sharing & 401(k) PlanThe Growing Place Nursery & …$9MNorthwest Michigan Surgery Center 401(k) Plan and TrustNorthwest Michigan Surgery C…$9M
End-of-year total assets ($M) among Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income-$297K
Employer EIN112424307
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maspeth Welding Inc.)

Sponsor-wide plan assets over time

All Maspeth Welding Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 2.344084800107394% vs 2022
2024 filing year
$8.5M$8.6M$8.7M$8.8M 20222024 $8.52M $8.72M ▲ +2.3%
Year Plans Participants Total Assets
2022 1 157 $9M
2024 1 125 $9M

Nearby 401(k) Plans in New York

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

Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.008721636 · Participants: 125Maspeth Welding Inc. 401(k) Profit Sharing Plan and TrustIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants
Compare Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is Patriot Bank, N.a. 401(k) Savings Plan in CT ($9M); by covered participants it is Portland Forge Interim Manufacturing Plan in IN (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 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 Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust edged down modestly - down 3.3% during 2024, from $9M to $9M. Reported net income was -$297K.
How have Maspeth Welding Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2024), Maspeth Welding Inc.'s sponsor-wide assets grew 2.3%, from $9M to $9M.
Which 401(k) plans are similar in size to Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Patriot Bank, N.a. 401(k) Savings Plan in CT ($9M, 114 participants).
Which 401(k) plans cover a similar participant headcount to Maspeth Welding Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Portland Forge Interim Manufacturing Plan in IN (125 participants, $2M 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 112424307.

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.