401(k) · DOL Form 5500 · 2024

General Grind and Machine, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
312
Participants Below avg headcount
79th
Percentile by assets National rank
$105,451
Avg per participant Below avg balance/head
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Official DOL plan name: General Grind and Machine, Inc. Profit Sharing Plan and Trust · Sponsored by General Grind and Machine, Inc. · Illinois · Manufacturing

$33M in assets, 312 participants

General Grind and Machine, Inc.'s General Grind and Machine, Inc. Profit Sharing Plan and Trust reported $33M in total assets and 312 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #12,540 in Manufacturing (17,777 peers)

Coverage in Illinois

General Grind and Machine, Inc. Profit Sharing Plan and Trust covers 312 participants in Illinois, about 40% of the average Illinois filer (state average ~779 per filing). Assets: $33M.

#12,540
in Manufacturing (17,777 peers)
+10.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

General Grind and Machine, Inc. Profit Sharing Plan and Trust's outsized position by total assets

General Grind and Machine, Inc. Profit Sharing Plan and Trust vs every filed plan by assets

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

$32,900,757 Top 21% higher than 79% 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

General Grind and Machine, Inc. 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. General Grind and Machine, Inc. Profit Sharing Plan and Trust sits mid-pack in the medium band (312 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • General Grind and Machine, Inc. Profit Sharing Plan and Trust reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • General Grind and Machine, Inc. Profit Sharing Plan and Trust reported participants fell from 348 in the plan year 2023 filing to 312 in the plan year 2024 filing.
  • General Grind and Machine, Inc. Profit Sharing Plan and Trust end-of-year assets rose from $30M in the plan year 2023 filing to $33M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 363049009 · General Grind and Machine, Inc. PY 2024 · 401(k)

General Grind and Machine, Inc. Profit Sharing Plan and Trust · $33M · 312 · 79th

  • RANK $33M
  • PHOTO 312
  • IND 79th
  • EOY 401(k)
  • 5500 near Clark-Reliance LLC 401(k) and Profit Sharing Plan
  • ASSETS ind #12540

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 Illinois →

General Grind and Machine, Inc. Profit Sharing Plan and Trust in the asset neighbourhood

General Grind and Machine, Inc. Profit Sharing Plan and TrustGeneral Grind and Machine, I…$33MClark-Reliance LLC 401(k) and Profit Sharing PlanClark-Reliance LLC 401(k) an…$33MCitizens Medical Center, Inc. 401(k) and Pension TrustCitizens Medical Center, Inc…$33MViewpointe Archive Services 401(k) PlanViewpointe Archive Services …$33MFreedom Graphic Systems Retirement PlanFreedom Graphic Systems Reti…$33M
End-of-year total assets ($M) among General Grind and Machine, Inc. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$33M
Net Income$3M
Employer EIN363049009
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Grind and Machine, Inc.)

Sponsor-wide plan assets over time

All General Grind and Machine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33M 26.534014637302633% vs 2022
2024 filing year
$25M$30M$35M 202220232024 $26M $32.9M ▲ +26.5%
Year Plans Participants Total Assets
2022 1 277 $26M
2023 1 348 $30M
2024 1 312 $33M

Nearby 401(k) Plans in Illinois

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

General Grind and Machine, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants General Grind and Machine, Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.032900757 · Participants: 312General Grind and Machine, Inc. Profit Sharing Plan and TrustAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
General Grind and Machine, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare General Grind and Machine, Inc. Profit Sharing Plan and Trust side-by-side with 3 peers →

General Grind and Machine, Inc. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Clark-Reliance LLC 401(k) and Profit Sharing Plan in OH ($33M); by covered participants it is Sirote & Permutt, P.C. Profit Sharing 401(k) Plan in AL (312 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (312 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 General Grind and Machine, Inc. Profit Sharing Plan and Trust assets move in 2024? ▼
General Grind and Machine, Inc. Profit Sharing Plan and Trust grew at a solid clip - up 10.3% during 2024, from $30M to $33M. Reported net income was $3M.
How have General Grind and Machine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Grind and Machine, Inc.'s sponsor-wide assets grew 26.5%, from $26M to $33M.
Where does General Grind and Machine, Inc. Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
General Grind and Machine, Inc. Profit Sharing Plan and Trust ranks in the 79th 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 General Grind and Machine, Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Clark-Reliance LLC 401(k) and Profit Sharing Plan in OH ($33M, 253 participants).
Which 401(k) plans cover a similar participant headcount to General Grind and Machine, Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Sirote & Permutt, P.C. Profit Sharing 401(k) Plan in AL (312 participants, $115M 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 363049009.

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.