401(k) · DOL Form 5500 · 2024

Hamlin Tool & Machine Company, Inc 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
20
Participants Small participant base
34th
Percentile by assets National rank
$154,306
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust · Sponsored by Hamlin Tool & Machine Company, Inc · Michigan · Manufacturing

$3M in assets, 20 participants

Hamlin Tool & Machine Company, Inc's Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust reported $3M in total assets and 20 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,187 in Manufacturing (17,777 peers)

2024 asset change

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust declined sharply 16.5% in 2024 ($4M → $3M) for 20 participants.

#3,187
in Manufacturing (17,777 peers)
-16.5%
assets change YoY

The plan reported a net loss of $612K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust's mid-pack asset rank among Manufacturing and all filers

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust vs every filed plan by assets

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

$3,086,113 34th percentile higher than 34% 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

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust reported net income fell from $499K in the plan year 2023 filing to -$612K in the plan year 2024 filing.
  • Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust reported participants rose from 17 in the plan year 2023 filing to 20 in the plan year 2024 filing.
  • Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust end-of-year assets fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 381968450 · Hamlin Tool & Machine Company, Inc PY 2024 · 401(k)

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust · $3M · 20 · 34th

  • PART $3M
  • PART 20
  • PART 34th
  • PART 401(k)
  • PART near Demeter LP Employees' Profit Sharing Plan
  • PART ind #3187

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 →

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust in the asset neighbourhood

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & TrustHamlin Tool & Machine Compan…$3MDemeter LP Employees' Profit Sharing PlanDemeter LP Employees' Profit…$3MEtopus 401(k) Profit Sharing PlanEtopus 401(k) Profit Sharing…$3MHoliday Auto Group/Defender 401(k) PlanHoliday Auto Group/Defender …$3MIzumi International, Inc. 401(k) Profit Sharing PlanIzumi International, Inc. 40…$3M
End-of-year total assets ($M) among Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hamlin Tool & Machine Company, Inc years around the 2024 move

Sponsor-wide plan assets over time

All Hamlin Tool & Machine Company, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$3M 3.541063559923311% vs 2022
2024 filing year
$3M$3.2M$3.4M$3.6M$3.8M 202220232024 $3.2M $3.09M ▼ -3.4%
Year Plans Participants Total Assets
2022 1 17 $3M
2023 1 17 $4M
2024 1 20 $3M

2024 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$612K
Employer EIN381968450
Plan Effective Date1983-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust, Total assets ($B): 0.003086113 · Participants: 20Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Demeter LP Employees' Profit Sharing Plan in IN ($3M); by covered participants it is Aae 401(k) Retirement Plan in MN (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 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 Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust assets move in 2024?
Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust declined sharply - down 16.5% during 2024, from $4M to $3M. Reported net income was -$612K.
How have Hamlin Tool & Machine Company, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Hamlin Tool & Machine Company, Inc's sponsor-wide assets declined 3.5%, from $3M to $3M.
Which 401(k) plans are similar in size to Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Demeter LP Employees' Profit Sharing Plan in IN ($3M, 3 participants).
Which 401(k) plans cover a similar participant headcount to Hamlin Tool & Machine Company, Inc. Employees Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Aae 401(k) Retirement Plan in MN (20 participants, N/A in assets).