401(k) · DOL Form 5500 · 2024
Quality Machine & Automation Inc. 401(k) Plan
Data updated 2026-08-25
- $8M
- Total assets Small plan by assets
- 30
- Participants Small participant base
- 52nd
- Percentile by assets National rank
- $279,882
- Avg per participant High balance/head
Official DOL plan name: Quality Machine & Automation Inc. Employee Stock Ownership Plan · Sponsored by Quality Machine & Automation Inc. · Michigan · Manufacturing
$8M in assets, 30 participants
Quality Machine & Automation Inc.'s Quality Machine & Automation Inc. Employee Stock Ownership Plan reported $8M in total assets and 30 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.
- #6,531 in Manufacturing (17,777 peers)
Quality Machine & Automation Inc. multi-year trail
Quality Machine & Automation Inc.'s plans moved +49.2% in assets from 2022 to 2024; this filing shows Quality Machine & Automation Inc. Employee Stock Ownership Plan at $8M / 30 participants.
- #6,531
- in Manufacturing (17,777 peers)
- +23.1%
- assets growth YoY
Quality Machine & Automation Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers
Quality Machine & Automation Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$8,396,470 Top 48% higher than 52% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Quality Machine & Automation Inc. Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Quality Machine & Automation Inc. Employee Stock Ownership Plan is a small filing (30 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Quality Machine & Automation Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Quality Machine & Automation Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Quality Machine & Automation Inc. Employee Stock Ownership Plan reported participants rose from 27 in the plan year 2023 filing to 30 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 383382723 · Quality Machine & Automation Inc. PY 2024 · 401(k)
Quality Machine & Automation Inc. Employee Stock Ownership Plan · $8M · 30 · 52nd
- 5500 $8M
- 5500 30
- 5500 52nd
- 5500 401(k)
- 5500 near Demmer Investments IV Inc 401(k) Profit Sharing Plan & Trust
- 5500 ind #6531
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 Michigan →
Quality Machine & Automation Inc. Employee Stock Ownership Plan in the asset neighbourhood
Quality Machine & Automation Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Quality Machine & Automation Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $8M 49.24887367490381% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 26 | $6M |
| 2023 | 1 | 27 | $7M |
| 2024 | 1 | 30 | $8M |
Quality Machine & Automation Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | $2M |
| Employer EIN | 383382723 |
| Plan Effective Date | 2020-02-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Quality Machine & Automation Inc. Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Demmer Investments IV Inc 401(k) Profit Sharing Plan & Trust in MN ($8M); by covered participants it is Katy Ivy Kids Inc. 401(k) Plan in TX (30 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8M here).
Similar participant headcount
Nearest other-state filings by covered participants (30 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.