401(k) · DOL Form 5500 · 2024

Heavy Machines, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
147
Participants Small participant base
66th
Percentile by assets National rank
$108,375
Avg per participant Below avg balance/head
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Official DOL plan name: Heavy Machines, Inc. 401(k)/Profit Sharing Plan · Sponsored by Heavy Machines, Inc. · Tennessee · Wholesale Trade

$16M in assets, 147 participants

Heavy Machines, Inc.'s Heavy Machines, Inc. 401(k)/Profit Sharing Plan reported $16M in total assets and 147 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #3,599 in Wholesale Trade (6,080 peers)

Coverage in Tennessee

Heavy Machines, Inc. 401(k)/Profit Sharing Plan covers 147 participants in Tennessee, about 13% of the average Tennessee filer (state average ~1,126 per filing). Assets: $16M.

#3,599
in Wholesale Trade (6,080 peers)
-1.9%
assets change YoY

The plan reported a net loss of $302K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Heavy Machines, Inc. 401(k)/Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Heavy Machines, Inc. 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$15,931,170 Top 34% higher than 66% 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

Heavy Machines, Inc. 401(k)/Profit Sharing 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. Heavy Machines, Inc. 401(k)/Profit Sharing Plan sits mid-pack in the medium band (147 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heavy Machines, Inc. 401(k)/Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to -$302K in the plan year 2024 filing.
  • Heavy Machines, Inc. 401(k)/Profit Sharing Plan reported participants fell from 168 in the plan year 2023 filing to 147 in the plan year 2024 filing.
  • Heavy Machines, Inc. 401(k)/Profit Sharing Plan end-of-year assets fell from $17M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 620850651 · Heavy Machines, Inc. PY 2024 · 401(k)

Heavy Machines, Inc. 401(k)/Profit Sharing Plan · $16M · 147 · 66th

  • SCH $16M
  • EBSA 147
  • PART 66th
  • TYPE 401(k)
  • NET near Allied Electric, Inc. 401(k) Savings and Retirement Plan
  • BOOK ind #3599

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 Wholesale Trade retirement plans → · Plans in Tennessee →

Heavy Machines, Inc. 401(k)/Profit Sharing Plan in the asset neighbourhood

Heavy Machines, Inc. 401(k)/Profit Sharing PlanHeavy Machines, Inc. 401(k)/…$16MAllied Electric, Inc. 401(k) Savings and Retirement PlanAllied Electric, Inc. 401(k)…$16MGalena Associates 401(k) Plan$16MSoutheastern Property Management LLC 401(k) PlanSoutheastern Property Manage…$16MKiwanis International 401(k) PlanKiwanis International 401(k)…$16M
End-of-year total assets ($M) among Heavy Machines, Inc. 401(k)/Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$16M
Net Income-$302K
Employer EIN620850651
Plan Effective Date1988-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heavy Machines, Inc.)

Sponsor-wide plan assets over time

All Heavy Machines, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 167.33521848745355% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $13.3M $35.7M ▲ +167.3%
Year Plans Participants Total Assets
2022 1 155 $13M
2023 1 168 $17M
2024 2 328 $36M

Nearby 401(k) Plans in Tennessee

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

Heavy Machines, Inc. 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Heavy Machines, Inc. 401(k)/Profit Sharing Plan, Total assets ($B): 0.01593117 · Participants: 147Heavy Machines, Inc. 401(k)/Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Heavy Machines, Inc. 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Heavy Machines, Inc. 401(k)/Profit Sharing Plan side-by-side with 3 peers →

Heavy Machines, Inc. 401(k)/Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Allied Electric, Inc. 401(k) Savings and Retirement Plan in MI ($16M); by covered participants it is Sabinal Administrative Services, LLC 401(k) Plan in TX (147 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (147 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 Heavy Machines, Inc. 401(k)/Profit Sharing Plan assets move in 2024? ▼
Heavy Machines, Inc. 401(k)/Profit Sharing Plan edged down modestly - down 1.9% during 2024, from $16M to $16M. Reported net income was -$302K.
How have Heavy Machines, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Heavy Machines, Inc.'s sponsor-wide assets grew 167.3%, from $13M to $36M.
Which 401(k) plans are similar in size to Heavy Machines, Inc. 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Allied Electric, Inc. 401(k) Savings and Retirement Plan in MI ($16M, 122 participants).
Which 401(k) plans cover a similar participant headcount to Heavy Machines, Inc. 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sabinal Administrative Services, LLC 401(k) Plan in TX (147 participants, $15M 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 620850651.

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.