401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-11

$26M
Total assets
266
Participants
75th
Percentile by assets
$99,384
Avg per participant
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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.

  • 75th percentile by assets (of 123,622 plans)
  • #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.

$26M
total plan assets (2024 EOY)
266
covered participants
75th
percentile by assets (of 123,622 plans)
$99,384
avg assets per participant

Where Metal Craft Machine & Engineering Inc, 401(k) Plan sits 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 $2,010,000,000 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

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 →

State
Minnesota
Industry
Manufacturing

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Metal Craft Machine & Engineering Inc, 401(k) Plan reports 266 participants - about 24% of that state average ($26M EOY assets).

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.)

$15M$20M$25M$30M 202220232024 $17.9M $26.4M ▲ +47.6%
Total plan assets by year, all Metal Craft Machine & Engineering, Inc. plans on file
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 ($B) Participants Metal Craft Machine …, Total assets ($B): 0.026436174 · Participants: 266Metal Craft Machine …Wells Fargo & Compan…, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Compan…Unitedhealth Group 4…, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 4…Medtronic Savings an…, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings an…U.S. Bank 401(k) Sav…, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Sav…
Metal Craft Machine & Engineering Inc, 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Metal Craft Machine & Engineering Inc, 4… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Metal Craft Machine & Engineering Inc, 401(k) Plan by total assets, not by location.

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).

Next read for Metal Craft Machine & Engineering Inc, 4…

Filing takeaways

Ways to act on Metal Craft Machine & Engineering Inc, 401(k) Plan's numbers.

  • By total assets, Metal Craft Machine & Engineering Inc, 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Metal Craft Machine & Engineering, Inc.'s sponsor-wide assets have grown 47.6% since 2022 across 3 plan years on file. More Manufacturing plans

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.