401(k) · DOL Form 5500 · 2024

Onward Manufacturing Company 401(k) Plan

Data updated 2026-08-25

$866K
Total assets Small plan by assets
111
Participants Small participant base
22nd
Percentile by assets National rank
$7,798
Avg per participant Low balance/head
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Official DOL plan name: Onward Manufacturing 401(k) Plan · Sponsored by Onward Manufacturing Company · Indiana · Manufacturing

$866K in assets, 111 participants

Onward Manufacturing Company's Onward Manufacturing 401(k) Plan reported $866K in total assets and 111 participants in its 2024 DOL Form 5500 filing, ranking in the 22nd 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.

  • #1,592 in Manufacturing (17,777 peers)

Coverage in Indiana

Onward Manufacturing 401(k) Plan covers 111 participants in Indiana, about 21% of the average Indiana filer (state average ~541 per filing). Assets: $866K.

#1,592
in Manufacturing (17,777 peers)
+10.7%
assets growth YoY

Onward Manufacturing 401(k) Plan among the smaller filed plans by assets

Onward Manufacturing 401(k) Plan vs every filed plan by assets

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

$865,546 22nd percentile higher than 22% 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

Onward Manufacturing 401(k) 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. Onward Manufacturing 401(k) Plan sits mid-pack in the medium band (111 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Onward Manufacturing 401(k) Plan reported net income fell from $265K in the plan year 2023 filing to $84K in the plan year 2024 filing.
  • Onward Manufacturing 401(k) Plan reported participants fell from 147 in the plan year 2023 filing to 111 in the plan year 2024 filing.
  • Onward Manufacturing 401(k) Plan end-of-year assets rose from $782K in the plan year 2023 filing to $866K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 208294184 · Onward Manufacturing Company PY 2024 · 401(k)

Onward Manufacturing 401(k) Plan · $866K · 111 · 22nd

  • NET $866K
  • NET 111
  • NET 22nd
  • NET 401(k)
  • NET near Law Firm of David S. Zweig, Cross-Tested 401(k) Profit Sharing Plan
  • NET ind #1592

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 →

Onward Manufacturing 401(k) Plan in the asset neighbourhood

Onward Manufacturing 401(k) PlanOnward Manufacturing 401(k) …$866KLaw Firm of David S. Zweig, Cross-Tested 401(k) Profit Sharing PlanLaw Firm of David S. Zweig, …$866KBleecker Financial Group Retirement PlanBleecker Financial Group Ret…$865KBig M Auto Supply Limited 401(k) PlanBig M Auto Supply Limited 40…$866KExpedited Delivery Services, Inc. 401(k) PlanExpedited Delivery Services,…$866K
End-of-year total assets ($M) among Onward Manufacturing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$782K
Net Assets (End of Year)$866K
Net Income$84K
Employer EIN208294184
Plan Effective Date2021-05-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Onward Manufacturing Company)

Sponsor-wide plan assets over time

All Onward Manufacturing Company plans reported in each filing year

Latest sponsor-wide plan assets
$866K 64.45648642332327% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M 202220232024 $0.53M $0.87M ▲ +64.2%
Year Plans Participants Total Assets
2022 1 278 $526K
2023 1 147 $782K
2024 1 111 $866K

Nearby 401(k) Plans in Indiana

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

Onward Manufacturing 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Onward Manufacturing 401(k) Plan, Total assets ($B): 0.000865546 · Participants: 111Onward Manufacturing 401(k) PlanThe 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
Onward Manufacturing 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Onward Manufacturing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Law Firm of David S. Zweig, Cross-Tested 401(k) Profit Sharing Plan in CA ($866K); by covered participants it is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Onward Manufacturing 401(k) Plan assets move in 2024?
Onward Manufacturing 401(k) Plan grew at a solid clip - up 10.7% during 2024, from $782K to $866K. Reported net income was $84K.
How have Onward Manufacturing Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Onward Manufacturing Company's sponsor-wide assets grew 64.5%, from $526K to $866K.
Where does Onward Manufacturing 401(k) Plan rank by assets among Form 5500 filers?
Onward Manufacturing 401(k) Plan ranks in the 22nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Onward Manufacturing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Law Firm of David S. Zweig, Cross-Tested 401(k) Profit Sharing Plan in CA ($866K, 4 participants).
Which 401(k) plans cover a similar participant headcount to Onward Manufacturing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (111 participants, $2M in assets).