401(k) · DOL Form 5500 · 2024

Mechdyne Corporation 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
228
Participants Below avg headcount
72nd
Percentile by assets National rank
$97,254
Avg per participant Below avg balance/head
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Official DOL plan name: Mechdyne Corporation 401(k) Plan · Sponsored by Mechdyne Corporation · Iowa · Professional & Technical Services

$22M in assets, 228 participants

Mechdyne Corporation's Mechdyne Corporation 401(k) Plan reported $22M in total assets and 228 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #14,467 in Professional & Technical Services (20,173 peers)

Coverage in Iowa

Mechdyne Corporation 401(k) Plan covers 228 participants in Iowa, about 37% of the average Iowa filer (state average ~609 per filing). Assets: $22M.

#14,467
in Professional & Technical Services (20,173 peers)
+13.5%
assets growth YoY

Mechdyne Corporation 401(k) Plan's outsized position by total assets

Mechdyne Corporation 401(k) Plan vs every filed plan by assets

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

$22,173,905 Top 28% higher than 72% 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

Mechdyne Corporation 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. Mechdyne Corporation 401(k) Plan sits mid-pack in the medium band (228 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mechdyne Corporation 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Mechdyne Corporation 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Mechdyne Corporation 401(k) Plan reported participants fell from 259 in the plan year 2023 filing to 228 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 421460417 · Mechdyne Corporation PY 2024 · 401(k)

Mechdyne Corporation 401(k) Plan · $22M · 228 · 72nd

  • NET $22M
  • BOOK 228
  • VS-ST 72nd
  • BOY 401(k)
  • SCH near Norcal Rental Group 401(k) Plan
  • EBSA ind #14467

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 Professional & Technical Services retirement plans → · Plans in Iowa →

Mechdyne Corporation 401(k) Plan in the asset neighbourhood

Hunterdon Orthopedic Institute 401(k) Profit Sharing Plan & TrustHunterdon Orthopedic Institu…$22MFunai Corporation, Inc. 401(k) and Profit Sharing PlanFunai Corporation, Inc. 401(…$22MMechdyne Corporation 401(k) PlanMechdyne Corporation 401(k) …$22MNorcal Rental Group 401(k) PlanNorcal Rental Group 401(k) P…$22MClimate Pros LLC 401(k) Profit Sharing Plan and TrustClimate Pros LLC 401(k) Prof…$22M
End-of-year total assets ($M) among Mechdyne Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN421460417
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mechdyne Corporation)

Sponsor-wide plan assets over time

All Mechdyne Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$22M 39.065334458454096% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $15.9M $22.2M ▲ +39.1%
Year Plans Participants Total Assets
2022 1 293 $16M
2023 1 259 $20M
2024 1 228 $22M

Nearby 401(k) Plans in Iowa

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

Mechdyne Corporation 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Mechdyne Corporation 401(k) Plan, Total assets ($B): 0.022173905 · Participants: 228Mechdyne Corporation 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Mechdyne Corporation 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest 401(k) by assets is Norcal Rental Group 401(k) Plan in CA ($22M); by covered participants it is Bell Incorporated Employees Profit Sharing Plan in GA (228 participants). Same-state nearby plans are listed separately above.

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 Mechdyne Corporation 401(k) Plan assets move in 2024?
Mechdyne Corporation 401(k) Plan grew at a solid clip - up 13.5% during 2024, from $20M to $22M. Reported net income was $3M.
How have Mechdyne Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mechdyne Corporation's sponsor-wide assets grew 39.1%, from $16M to $22M.
Which 401(k) plans are similar in size to Mechdyne Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Norcal Rental Group 401(k) Plan in CA ($22M, 203 participants).
Which 401(k) plans cover a similar participant headcount to Mechdyne Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bell Incorporated Employees Profit Sharing Plan in GA (228 participants, N/A in assets).