Industry · Form 5500 business code 333310
Commercial & Service Industry Machinery Mfg: 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.
For plan year 2024, 95 retirement plans in commercial & service industry machinery mfg with 100 or more participants filed Form 5500: 90 defined contribution and 5 defined benefit. They reported 95,485 participant records and $8.74B in net assets, counting every plan on the form.
The median defined contribution plan held $69,469 per participant, well above the national median of $53,031, and its employer put in $2,255 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $148 per participant against $123 nationally.
Employers contributed $191M and participants $333M during the year, and the plans paid out $1.05B in benefits.
In 2009 the same group numbered 92 plans with $1.74B; by 2024 it was 95 plans (up 3%) and $8.74B (up 401%). 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 | $69,469 | $53,031 | $52,178 | $86,234 |
| Employer contributions per active participant | $2,255 | $2,174 | $15,221 | $10,244 |
| Schedule C compensation per participant | $148 | $123 | $215 | $344 |
| Schedule C compensation, share of net assets | 0.27% | 0.26% | 0.43% | 0.42% |
| Administrative expenses per participant | $125 | $116 | $771 | $527 |
Medians across plans with 100 or more participants (84 DC and 5 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 | $38,537 | $69,469 | $116,055 | 84 |
| Employer contributions per active participant | $1,153 | $2,255 | $3,701 | 83 |
| Schedule C compensation per participant | $77.57 | $148 | $275 | 77 |
| Administrative expenses per participant | $62.91 | $125 | $246 | 80 |
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 | 17 | 12,437 | $1.71B | $38.8M | $54.3M | $91,524 | $126 |
| 2024 | 95 | 95,485 | $8.74B | $191M | $333M | $69,469 | $148 |
| 2023 | 90 | 80,407 | $6.72B | $162M | $286M | $62,687 | $129 |
| 2022 | 93 | 95,378 | $6.82B | $182M | $323M | $49,577 | $128 |
| 2021 | 81 | 87,420 | $7.73B | $147M | $268M | $67,778 | $146 |
| 2020 | 74 | 75,613 | $6.34B | $123M | $199M | $59,964 | $137 |
| 2019 | 76 | 53,097 | $4.03B | $68.7M | $126M | $56,934 | $113 |
| 2018 | 78 | 52,143 | $3.42B | $64.8M | $117M | $44,925 | $82.61 |
| 2017 | 78 | 51,735 | $3.60B | $60.4M | $107M | $56,243 | $97.82 |
| 2016 | 85 | 52,259 | $3.15B | $61.5M | $101M | $49,838 | $69.12 |
| 2015 | 91 | 51,357 | $2.89B | $56.6M | $99.3M | $42,115 | $53.34 |
| 2014 | 94 | 52,698 | $2.96B | $84.6M | $92.4M | $41,826 | $53.55 |
| 2013 | 92 | 53,096 | $2.82B | $71.8M | $90.4M | $47,217 | $50.38 |
| 2012 | 92 | 54,134 | $2.46B | $56.3M | $84.3M | $35,686 | $31.70 |
| 2011 | 89 | 51,917 | $2.12B | $51.7M | $71.9M | $33,111 | $46.26 |
| 2010 | 89 | 46,621 | $1.93B | $59.2M | $66.3M | $34,234 | $56.05 |
| 2009 | 92 | 50,194 | $1.74B | $46.9M | $69.4M | $28,478 | $39.02 |
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 97 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 97 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Dover Corporation Retirement Savings Plan | Dover Corporation | IL | DC | 18,306 | $1.86B | $101,660 | $4,313 | $77.57 |
| The Middleby Corporation Profit Sharing Plan | The Middleby Corporation | IL | DC | 7,665 | $378M | $49,309 | $852 | $22.36 |
| Ali Group Retirement Plan | Ali Group North America Corporation | IL | DC | 5,425 | $479M | $88,357 | $2,634 | $107 |
| Mettler-Toledo, LLC Enhanced Retirement Savings Plan | Mettler-Toledo, LLC | OH | DC | 5,035 | $883M | $175,307 | $4,472 | $49.44 |
| Clopay Ames Pension Plan | The Ames Companies, Inc. | FL | DB | 3,527 | $132M | $37,298 | $4,157 | $161 |
| Machinists Retirement and Savings Plan | Board of Trustees of the Machinists Retirement and Savings Plan | WA | DC | 3,233 | $107M | $33,020 | $1,547 | $171 |
| Fidelity Building Services Group 401(k) | Fidelity Engineering, LLC | MD | DC | 2,775 | $152M | $54,650 | $2,022 | $162 |
| Madix, Inc. 401(k) Profit Sharing Plan | Madix, Inc. | TX | DC | 2,501 | $72.9M | $29,147 | $882 | $85.82 |
| Thorlabs, Inc. 401(k) Retirement Plan | Thorlabs, Inc. | NJ | DC | 2,201 | $184M | $83,780 | $2,579 | $87.91 |
| Symbotic LLC 401(k) Plan | Symbotic LLC | MA | DC | 2,029 | $88.9M | $43,790 | $3,317 | $124 |
| Bunn-O-Matic Corporation 401(k) Savings Plan and Trust | Bunn-O-Matic Corporation | IL | DC | 2,019 | $151M | $74,909 | $1,303 | $98.88 |
| Sonny's Enterprises, LLC 401(k) Profit Plan | Sonny's Enterprises, LLC | FL | DC | 1,787 | $54.4M | $30,441 | $1,435 | $177 |
| Ariens Company Retirement Savings Plan | Ariens Company | WI | DC | 1,743 | $141M | $80,978 | $641 | $68.42 |
| National Carwash Solutions Savings Plan | National Carwash Solutions | IA | DC | 1,693 | $71.6M | $42,294 | $1,245 | $165 |
| Superior Industries, Inc. 401(k) Retirement Plan | Superior Industries, Inc. | MN | DC | 1,687 | $116M | $69,039 | $3,043 | $264 |
| Mettler Toledo Retirement Plan | Mettler-Toledo, LLC | OH | DB | 1,679 | $90.4M | $53,828 | $22,104 | $215 |
| Viapath 401(k) Plan | Global Tellink Corporation | VA | DC | 1,468 | $95.4M | $64,980 | $2,987 | $165 |
| Henny Penny Corporation Employee Stock Ownership Plan | Henny Penny Corporation | OH | DC | 1,326 | $334M | $251,912 | $12,525 | $0.00 |
| Henny Penny Corporation Employees 401(k) Retirement Plan | Henny Penny Corporation | OH | DC | 1,243 | $133M | $106,748 | $4,481 | $159 |
| Employee Owned Brands, Inc. 401(k) Plan | Employee Owned Brands, Inc. | IA | DC | 1,202 | $65.6M | $54,577 | $256 | $208 |
| Kingdom Enterprises, Inc. 401(k) Plan | Kingdom Enterprises, Inc. | MN | DC | 1,138 | $94.0M | $82,585 | — | $114 |
| Time Manufacturing Company 401(k) Plan | Time Manufacturing Company | TX | DC | 1,137 | $33.2M | $29,205 | $914 | $322 |
| Ricoh Electronics, Inc. Employees' Savings and Retirement Plan | Ricoh Electronics, Inc. | GA | DC | 1,071 | $161M | $150,044 | $3,253 | $117 |
| Diakonia Group, LLC 401(k) Profit Sharing Plan | Diakonia Group, LLC | TN | DC | 976 | $46.8M | $47,950 | $4,392 | $126 |
| Bell and Howell 401(k) Savings Plan | Bell and Howell, LLC | NC | DC | 966 | $145M | $149,662 | $2 | $109 |
| Nilfisk Group U.S. 401(k) Retirement Plan | Nilfisk, Inc. | MN | DC | 949 | $99.8M | $105,125 | $3,929 | $117 |
| Kingdom Enterprises, Inc. Employee Stock Ownership Plan | Kingdom Enterprises, Inc. | MN | DC | 871 | $528M | $606,492 | $4,205 | — |
| Employee Owned Brands, Inc. Employee Stock Ownership Plan | Employee Owned Brands, Inc. | IA | DC | 857 | $875M | $1,021,210 | $505 | — |
| Graham Corporation Incentive Savings Plan | Graham Corporation | NY | DC | 804 | $97.7M | $121,564 | $6,317 | $223 |
| Foley, Incorporated 401(k) Plan | Foley, Incorporated | NJ | DC | 777 | $124M | $159,507 | $3,607 | $140 |
| Syntegon Technology Retirement Savings Plan | Syntegon US Holding Inc. | WI | DC | 690 | $81.2M | $117,673 | $9,715 | $97.34 |
| Flowco Productions LLC 401(k) Plan | Flowco Productions LLC | TX | DC | 653 | $15.4M | $23,507 | $2,015 | $93.14 |
| Kollsman, Inc. Defined Benefit Retirement Plan | Elbitamerica, Inc. | TX | DB | 621 | $58.9M | $94,777 | $13,685 | $200 |
| Methods Machine Tools, Inc. Retirement Savings Plan | Methods Machine Tools, Inc. | MA | DC | 498 | $60.2M | $120,930 | $998 | $205 |
| Feldmeier Equipment, Inc. 401(k) Plan | Feldmeier Equipment, Inc. | NY | DC | 467 | $34.5M | $73,924 | $1,481 | $148 |
| Diligent Robotics, Inc. 401(k) Plan | Diligent Robotics, Inc. | TX | DC | 433 | $2.1M | $4,933 | $0 | $15.03 |
| Sewer Equipment Co. of America 401(k) Plan | Sewer Equipment Company of America | IL | DC | 430 | $12.1M | $28,105 | $997 | $133 |
| Wilcox Industries Corp. 401(k) Plan | Wilcox Industries Corp. | NH | DC | 428 | $18.3M | $42,781 | $2,323 | $134 |
| Fimco, Inc. 401(k) Savings Plan | Fimco, Inc. | SD | DC | 423 | $16.5M | $38,938 | $1,017 | $164 |
| Mi-T-M Corporation 401(k) Plan | Mi-T-M Corporation | IA | DC | 406 | $31.7M | $78,156 | $1,848 | $451 |
By plan size
By state
Questions and answers
How many retirement plans are there in commercial & service industry machinery mfg?
95 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 133 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 commercial & service industry machinery mfg?
The median defined contribution plan reported $69,469 in net assets per participant (middle half of plans: $38,537 to $116,055); 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 commercial & service industry machinery mfg?
The median defined contribution plan received $2,255 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 commercial & service industry machinery mfg?
Among defined contribution plans that report any Schedule C compensation, the median was $148 per participant and 0.27% 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.