401(k) · DOL Form 5500 · 2024

Metal Craft Machine & Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
266
Participants Below avg headcount
75th
Percentile by assets National rank
$99,384
Avg per participant Below avg balance/head
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Official DOL plan name: Metal Craft Machine & Engineering Inc, 401(k) Plan · Sponsored by Metal Craft Machine & Engineering, Inc. · Minnesota · Manufacturing

$26M in assets, 266 participants

Metal Craft Machine & Engineering, Inc.'s Metal Craft Machine & Engineering Inc, 401(k) Plan reported $26M in total assets and 266 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #11,748 in Manufacturing (17,777 peers)

Coverage in Minnesota

Metal Craft Machine & Engineering Inc, 401(k) Plan covers 266 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $26M.

#11,748
in Manufacturing (17,777 peers)
+11.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Metal Craft Machine & Engineering Inc, 401(k) Plan's outsized position by total assets

Metal Craft Machine & Engineering Inc, 401(k) Plan vs every filed plan by assets

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

$26,436,174 Top 25% higher than 75% 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

Metal Craft Machine & Engineering Inc, 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. Metal Craft Machine & Engineering Inc, 401(k) Plan sits mid-pack in the medium band (266 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Metal Craft Machine & Engineering Inc, 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Metal Craft Machine & Engineering Inc, 401(k) Plan end-of-year assets rose from $24M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Metal Craft Machine & Engineering Inc, 401(k) Plan reported participants rose from 262 in the plan year 2023 filing to 266 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411457386 · Metal Craft Machine & Engineering, Inc. PY 2024 · 401(k)

Metal Craft Machine & Engineering Inc, 401(k) Plan · $26M · 266 · 75th

  • BOY $26M
  • BOY 266
  • BOY 75th
  • BOY 401(k)
  • BOY near Service Management Group 401(k) Plan
  • BOY ind #11748

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 Minnesota →

Metal Craft Machine & Engineering Inc, 401(k) Plan in the asset neighbourhood

Metal Craft Machine & Engineering Inc, 401(k) PlanMetal Craft Machine & Engine…$26MService Management Group 401(k) PlanService Management Group 401…$26MAccident Fund Holdings, Inc. Represented Employees' Savings PlanAccident Fund Holdings, Inc.…$26MBelfint Lyons & Shuman P.a. 401(k) Savings PlanBelfint Lyons & Shuman P.a. …$26MWeber Automotive Management, LLC 401(k) and Profit Sharing PlanWeber Automotive Management,…$26M
End-of-year total assets ($M) among Metal Craft Machine & Engineering Inc, 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$26M
Net Income$3M
Employer EIN411457386
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metal Craft Machine & Engineering, Inc.)

Sponsor-wide plan assets over time

All Metal Craft Machine & Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 47.60226621252487% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.9M $26.4M ▲ +47.6%
Year Plans Participants Total Assets
2022 1 297 $18M
2023 1 262 $24M
2024 1 266 $26M

Nearby 401(k) Plans in Minnesota

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

Metal Craft Machine & Engineering Inc, 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Metal Craft Machine & Engineering Inc, 401(k) Plan, Total assets ($B): 0.026436174 · Participants: 266Metal Craft Machine & Engineering Inc, 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Metal Craft Machine & Engineering Inc, 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Metal Craft Machine & Engineering Inc, 401(k) Plan side-by-side with 3 peers →

Metal Craft Machine & Engineering Inc, 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Service Management Group 401(k) Plan in MO ($26M); by covered participants it is Full-O-Pep Appliances, Inc. 401(k) Savings Plan in IN (266 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (266 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 Metal Craft Machine & Engineering Inc, 401(k) Plan assets move in 2024? ▼
Metal Craft Machine & Engineering Inc, 401(k) Plan grew at a solid clip - up 11.4% during 2024, from $24M to $26M. Reported net income was $3M.
How have Metal Craft Machine & Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metal Craft Machine & Engineering, Inc.'s sponsor-wide assets grew 47.6%, from $18M to $26M.
Where does Metal Craft Machine & Engineering Inc, 401(k) Plan rank by assets among Form 5500 filers? ▼
Metal Craft Machine & Engineering Inc, 401(k) Plan ranks in the 75th 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 Metal Craft Machine & Engineering Inc, 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Service Management Group 401(k) Plan in MO ($26M, 178 participants).
Which 401(k) plans cover a similar participant headcount to Metal Craft Machine & Engineering Inc, 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Full-O-Pep Appliances, Inc. 401(k) Savings Plan in IN (266 participants, $6M 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 411457386.

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.