Industry · Form 5500 business code 332110
Forging & Stamping: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
194 retirement plans in forging & stamping with 100 or more participants filed Form 5500 for plan year 2024 (177 defined contribution, 17 defined benefit). All Form 5500 pension filers in the group reported 143,783 participant records and $13.1B in net assets.
The median defined contribution plan held $52,315 per participant, close to the national median of $53,031, and its employer put in $1,602 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $173 per participant against $123 nationally.
Employers contributed $266M and participants $379M during the year, and the plans paid out $1.78B in benefits.
In 2009 the same group numbered 311 plans with $8.28B; by 2024 it was 194 plans (down 38%) and $13.1B (up 58%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $52,315 | $53,031 | $59,694 | $86,234 |
| Employer contributions per active participant | $1,602 | $2,174 | $3,539 | $10,244 |
| Schedule C compensation per participant | $173 | $123 | $195 | $344 |
| Schedule C compensation, share of net assets | 0.36% | 0.26% | 0.32% | 0.42% |
| Administrative expenses per participant | $164 | $116 | $257 | $527 |
Medians across plans with 100 or more participants (171 DC and 16 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $34,893 | $52,315 | $79,615 | 171 |
| Employer contributions per active participant | $955 | $1,602 | $2,585 | 169 |
| Schedule C compensation per participant | $105 | $173 | $259 | 157 |
| Administrative expenses per participant | $96.57 | $164 | $250 | 166 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 28 | 12,624 | $857M | $24.5M | $42.8M | $55,194 | $185 |
| 2024 | 194 | 143,783 | $13.1B | $266M | $379M | $52,315 | $173 |
| 2023 | 205 | 144,241 | $12.3B | $282M | $368M | $47,321 | $144 |
| 2022 | 220 | 150,373 | $11.1B | $240M | $358M | $40,498 | $136 |
| 2021 | 230 | 146,362 | $12.4B | $240M | $315M | $45,981 | $156 |
| 2020 | 241 | 160,877 | $12.8B | $211M | $299M | $44,420 | $120 |
| 2019 | 245 | 168,627 | $11.6B | $237M | $307M | $39,863 | $105 |
| 2018 | 244 | 167,809 | $10.3B | $231M | $301M | $34,355 | $97.60 |
| 2017 | 252 | 167,901 | $11.0B | $280M | $276M | $36,384 | $78.88 |
| 2016 | 261 | 168,226 | $10.2B | $382M | $267M | $32,388 | $69.64 |
| 2015 | 270 | 173,120 | $9.68B | $280M | $268M | $32,167 | $62.49 |
| 2014 | 268 | 177,568 | $10.2B | $269M | $254M | $35,547 | $56.22 |
| 2013 | 271 | 177,554 | $10.2B | $275M | $242M | $34,553 | $45.49 |
| 2012 | 275 | 180,354 | $9.23B | $321M | $234M | $29,247 | $48.47 |
| 2011 | 280 | 183,955 | $8.67B | $324M | $222M | $26,415 | $39.62 |
| 2010 | 287 | 189,067 | $9.06B | $269M | $201M | $28,002 | $44.78 |
| 2009 | 311 | 201,602 | $8.28B | $211M | $192M | $25,362 | $44.28 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 193 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 193 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Itw Savings and Investment Plan | Illinois Tool Works Inc. | IL | DC | 27,157 | $4.19B | $154,334 | $6,487 | $76.07 |
| Itw Retirement Accumulation Plan | Illinois Tool Works Inc. | IL | DB | 19,834 | $1.29B | $65,098 | $3,786 | — |
| Jennmar Group 401(k) & Profit Sharing Plan | Jennmar Intermediate Holdings, LLC | PA | DC | 3,899 | $196M | $50,302 | $2,470 | $65.25 |
| Ai-Cares Retirement Savings Plan | Ai-Cares, LLC | MI | DC | 3,498 | $87.4M | $24,993 | $1,168 | $53.04 |
| Challenge Mfg. Company Profit Sharing and Retirement Savings Plan | Challenge Mfg. Holdings | MI | DC | 3,398 | $90.9M | $26,749 | $2,217 | $165 |
| Wilsonart Savings & Investment Plan | Wilsonart LLC | TX | DC | 3,146 | $363M | $115,238 | $5,232 | $108 |
| The Shape Family of Companies Retirement Plan | Shape Corp. Biosolutions, LLC | MI | DC | 3,119 | $180M | $57,792 | $3,781 | $85.56 |
| Victaulic Salaried 401(k) Plan | Victaulic | PA | DC | 2,926 | $430M | $146,999 | $5,519 | $138 |
| Challenge Mfg. Holdings, Inc. Employee Stock Ownership Plan | Challenge Mfg. Holdings, Inc. | MI | DC | 2,227 | $48.7M | $21,861 | $907 | — |
| Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust | Martin Sprocket & Gear, Inc. | TX | DC | 1,935 | $226M | $116,793 | — | $472 |
| Midway Products Group, Inc. 401(k) Plan | Midway Products Group, Inc. | MI | DC | 1,864 | $112M | $60,174 | $1,049 | $95.45 |
| Cmta-Gmpp & Allied Workers Local 164B Pension Trust | Jt. Board of Trustees - Cmta-Gmpp & Allied Workers Local 164B Pension | CA | DB | 1,843 | $118M | $63,843 | $3,292 | $496 |
| Non-Union Employees 401(k) Plan | Megalodon Midco, LLC | MI | DC | 1,746 | $146M | $83,363 | $2,822 | $180 |
| The Matcor - Matsu Retirement Savings Plan | Matcor Automotive (Michigan), Inc. | MI | DC | 1,433 | $41.4M | $28,910 | $423 | $151 |
| Twin Cities & Vicinity Conference Board Pension Trust | Twin Cities & Vicinity Conference Board | MN | DB | 1,221 | $28.9M | $23,657 | — | $121 |
| Rittal 401(k) Plan | Rittal North America LLC | OH | DC | 1,117 | $57.3M | $51,324 | $2,568 | $145 |
| Victaulic Retirement Plan for Bargaining Unit Employees | Victaulic Company | PA | DB | 1,096 | $135M | $123,433 | — | $97.50 |
| Retirement Savings Plan of the Ford Meter Box Company, Inc. | Ford Meter Box Company, Inc. | IN | DC | 1,079 | $170M | $157,976 | $3,978 | $95.43 |
| Ironform 401(k) Plan | Detroit Tool Metal Products | MO | DC | 1,071 | $23.2M | $21,628 | $977 | $20.83 |
| Thai Summit America Corporation Profit Sharing & 401(k) Plan | Thai Summit America Corporation | MI | DC | 1,065 | $56.0M | $52,557 | $1,124 | $237 |
| Aluminum Precision Products, Inc. Employee Stock Ownership Plan | Aluminum Precision Products, Inc. | CA | DC | 1,002 | $57.3M | $57,158 | $3,623 | — |
| Toa (USA) 401(k) Plan | Toa (USA), LLC | IN | DC | 989 | $34.0M | $34,393 | $2,106 | $135 |
| North American Stamping Group 401(k) Plan | Nasg Tennessee South, LLC | TN | DC | 915 | $33.4M | $36,530 | $1,888 | $314 |
| Penn United Technologies, Inc. Employee Stock Ownership Plan | Penn United Technologies, Inc. | PA | DC | 890 | $141M | $158,601 | $3,418 | $12.76 |
| Penn United Technologies, Inc. 401(k) Plan | Penn United Technologies, Inc. | PA | DC | 838 | $95.2M | $113,584 | $3,421 | $201 |
| TN Americas Holdings Inc. 401(k) Retirement Savings Plan | TN Americas Holdings Inc. | GA | DC | 768 | $29.4M | $38,305 | $1,216 | $165 |
| Hatch Stamping Company 401(k) Plan | Hatch Stamping Company | MI | DC | 746 | $21.1M | $28,318 | $376 | $157 |
| Kapco, Inc. 401(k) Profit Sharing Plan | Kapco, Inc. | WI | DC | 726 | $22.8M | $31,468 | $1,003 | $135 |
| E & E Manufacturing Company, Inc. 401(k) Plan | E & E Manufacturing Company, Inc. | MI | DC | 724 | $31.5M | $43,525 | $1,334 | $12.71 |
| G. S. Precision, Inc. 401(k) Employee Savings Plan & Trust | G. S. Precision, Inc. | VT | DC | 698 | $35.3M | $50,556 | $1,377 | $307 |
| Victaulic Bargaining Unit 401(k) Plan | Victaulic | PA | DC | 695 | $15.3M | $21,971 | $1,456 | $86.70 |
| The Retirement Pension Plan for Salaried Employees of Victaulic Company | Victaulic Company | PA | DB | 674 | $234M | $346,779 | — | $276 |
| Flexco Pension Plan | Flexible Steel Lacing Company | IL | DB | 673 | $80.4M | $119,536 | — | $0.07 |
| The Ridgeview Industries Retirement Savings Plan | Ridgeview Industries, Inc. | MI | DC | 667 | $47.7M | $71,515 | $2,225 | $127 |
| Modern Forge Companies Employee Retirement Benefit Plan | Modern Forge Services, LLC | IN | DC | 639 | $70.4M | $110,169 | $1,959 | $165 |
| Mpi Engineered Technologies, LLC 401(k) Profit Sharing Plan & Trust | Mpi Engineered Technologies, LLC | IN | DC | 638 | $8.3M | $12,979 | $998 | $210 |
| A.G. Simpson (USA) Inc. Retirement Plan | A.G. Simpson USA Inc. | MI | DC | 630 | $15.9M | $25,188 | $630 | $25.13 |
| Precision Resource 401(k) Retirement Savings Plan | Precision Resource, Inc. | CT | DC | 610 | $62.1M | $101,836 | $2,860 | $233 |
| Scot Forge Company 401(k) Plan | Scot Forge Company | IL | DC | 600 | $63.2M | $105,391 | $1,170 | $118 |
| Western Industries, Inc. Employees Pension Plan | Western Industries, Inc. | MI | DB | 592 | $18.1M | $30,567 | — | $308 |
By plan size
By state
Questions and answers
How many retirement plans are there in forging & stamping?
194 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 251 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in forging & stamping?
The median defined contribution plan reported $52,315 in net assets per participant (middle half of plans: $34,893 to $79,615); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in forging & stamping?
The median defined contribution plan received $1,602 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in forging & stamping?
Among defined contribution plans that report any Schedule C compensation, the median was $173 per participant and 0.36% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.