401(k) · DOL Form 5500 · 2024

C B S Boring & Machine Co., Inc. Plan

Data updated 2026-05-15

$12M
Total assets
147
Participants
60th
Percentile by assets
$82,748
Avg per participant

Sponsored by C B S Boring & Machine Co., Inc. · Michigan · Manufacturing

What the 2024 filing shows

C B S Boring & Machine Co., Inc. Plan holds $12M for 147 participants - about $82,748 per participant, above the median plan by assets, up 8.4% over the 2024 plan year.

$12M
total plan assets (2024 EOY)
147
covered participants
60th
percentile by assets (of 116,472 plans)
$82,748
avg assets per participant
State
Industry
Manufacturing

401(k) · DOL Form 5500 · 2024

What the Filing Says About C B S Boring & Machine Co., Inc. Plan

C B S Boring & Machine Co., Inc. Plan is a 401(k) retirement plan sponsored by C B S Boring & Machine Co., Inc., headquartered in Michigan. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers 147 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 381850421, and the plan has been effective since 1985-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $11M at the beginning of 2024 to $12M at year-end - up 8.4%. Net assets (after liabilities) closed the year at $12M, with reported net income of $939K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years C B S Boring & Machine Co., Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $10M to $12M, a gain of 19.1%, while reported participants moved from 118 to 147 (+24.6%). The strongest year on file by total sponsor assets was 2024 at $12M; the softest was 2022 at $10M. Year-by-year, sponsor-wide filings show: 2022 - $10M in assets across 1 plan covering 118 participants; 2023 - $11M in assets across 1 plan covering 162 participants; 2024 - $12M in assets across 1 plan covering 147 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank C B S Boring & Machine Co., Inc. Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$12M
Net Assets (End of Year)$12M
Net Income$939K
Plan Type401(k)
Employer EIN381850421
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (C B S Boring & Machine Co., Inc.)

Year Plans Participants Total Assets
2022 1 118 $10M
2023 1 162 $11M
2024 1 147 $12M

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the C B S Boring & Machine Co., Inc. Plan?
As of the 2024 Form 5500 filing, C B S Boring & Machine Co., Inc. Plan holds $12M in total assets with 147 participants. It is sponsored by C B S Boring & Machine Co., Inc..
What type of plan is C B S Boring & Machine Co., Inc. Plan?
C B S Boring & Machine Co., Inc. Plan is a 401(k) plan. It has been effective since 1985-07-01. The plan is filed with the U.S. Department of Labor under EIN 381850421.
Who sponsors the C B S Boring & Machine Co., Inc. Plan?
C B S Boring & Machine Co., Inc. Plan is sponsored by C B S Boring & Machine Co., Inc., located in Michigan. The sponsor's EIN is 381850421 and the plan operates in the Manufacturing industry.
How did C B S Boring & Machine Co., Inc. Plan perform in 2024?
C B S Boring & Machine Co., Inc. Plan grew at a solid clip - up 8.4% during 2024, moving from $11M to $12M in total assets. Net income was $939K.

What this filing means

Ways to act on C B S Boring & Machine Co., Inc. Plan's numbers.

  • By total assets, C B S Boring & Machine Co., Inc. Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • C B S Boring & Machine Co., Inc.'s sponsor-wide assets have grown 19.1% since 2022 across 3 plan years on file. More Manufacturing plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 381850421.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.