Industry · Form 5500 business code 333900
Other General Purpose 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.
256 retirement plans in other general purpose machinery mfg with 100 or more participants filed Form 5500 for plan year 2024 (237 defined contribution, 19 defined benefit). All Form 5500 pension filers in the group reported 250,127 participant records and $24.5B in net assets.
The median defined contribution plan held $78,101 per participant, well above the national median of $53,031, and its employer put in $2,393 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $173 per participant against $123 nationally.
Employers contributed $470M and participants $770M during the year, and the plans paid out $2.79B in benefits.
In 2009 the same group numbered 259 plans with $8.71B; by 2024 it was 256 plans (down 1%) and $24.5B (up 182%). 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 | $78,101 | $53,031 | $68,574 | $86,234 |
| Employer contributions per active participant | $2,393 | $2,174 | $3,638 | $10,244 |
| Schedule C compensation per participant | $173 | $123 | $363 | $344 |
| Schedule C compensation, share of net assets | 0.27% | 0.26% | 0.56% | 0.42% |
| Administrative expenses per participant | $170 | $116 | $556 | $527 |
Medians across plans with 100 or more participants (232 DC and 19 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 | $51,118 | $78,101 | $117,493 | 232 |
| Employer contributions per active participant | $1,427 | $2,393 | $4,008 | 224 |
| Schedule C compensation per participant | $76.67 | $173 | $301 | 217 |
| Administrative expenses per participant | $72.50 | $170 | $301 | 221 |
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 | 36 | 19,698 | $2.41B | $58.2M | $96.1M | $84,671 | $198 |
| 2024 | 256 | 250,127 | $24.5B | $470M | $770M | $78,101 | $173 |
| 2023 | 258 | 236,646 | $22.3B | $472M | $717M | $71,528 | $159 |
| 2022 | 285 | 243,680 | $20.8B | $561M | $854M | $56,872 | $139 |
| 2021 | 282 | 257,911 | $25.4B | $426M | $645M | $70,600 | $141 |
| 2020 | 284 | 280,564 | $28.1B | $493M | $760M | $66,930 | $124 |
| 2019 | 282 | 291,756 | $24.7B | $523M | $756M | $57,847 | $117 |
| 2018 | 268 | 274,330 | $20.8B | $668M | $650M | $51,402 | $103 |
| 2017 | 252 | 267,097 | $20.6B | $450M | $594M | $56,620 | $109 |
| 2016 | 249 | 230,275 | $15.6B | $411M | $517M | $48,184 | $76.81 |
| 2015 | 247 | 220,714 | $13.5B | $360M | $465M | $48,258 | $72.96 |
| 2014 | 239 | 210,214 | $12.4B | $274M | $388M | $48,152 | $59.55 |
| 2013 | 234 | 200,151 | $11.7B | $241M | $354M | $46,667 | $57.08 |
| 2012 | 239 | 201,208 | $10.3B | $324M | $342M | $40,180 | $63.35 |
| 2011 | 239 | 208,791 | $9.60B | $358M | $317M | $37,597 | $51.11 |
| 2010 | 239 | 218,209 | $9.98B | $411M | $331M | $38,177 | $46.38 |
| 2009 | 259 | 223,109 | $8.71B | $367M | $318M | $33,499 | $38.77 |
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 256 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 256 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Parker Defined Benefit Pension Plan | Parker Hannifin Corporation | OH | DB | 37,405 | $3.40B | $90,865 | — | $203 |
| Precision Castparts Corp. 401(k) Retirement Savings Plan | Precision Castparts Corp. | OR | DC | 23,698 | $2.48B | $104,796 | $3,399 | $44.42 |
| Pitney Bowes Pension Plan | Pitney Bowes Inc. | CT | DB | 17,744 | $958M | $53,981 | — | $352 |
| Wood 401(k) Plan | Wood Group U.S. Holdings, Inc. | TX | DC | 14,256 | $2.11B | $148,149 | $3,739 | $82.75 |
| Pitney Bowes Inc. 401(k) Plan | Pitney Bowes Inc. | CT | DC | 12,907 | $1.74B | $134,584 | $4,163 | $52.51 |
| Nidec Motor Corporation Employee Savings Investment Plan | Nidec Motor Corporation | MO | DC | 6,019 | $650M | $107,983 | $3,914 | $106 |
| Idex Corporation Savings Plan | Idex Corporation | IL | DC | 6,007 | $962M | $160,183 | $6,744 | $118 |
| Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan | Donaldson Company, Inc. | MN | DC | 5,936 | $943M | $158,810 | $5,283 | $84.96 |
| Sulzer Employee Savings Plan | Sulzer US Holding Inc. | TX | DC | 3,512 | $547M | $155,724 | $8,357 | $128 |
| Kone Inc. Employees' Retirement Plan | Kone Inc. | IL | DB | 3,058 | $166M | $54,401 | — | $536 |
| Sunstate Equipment Co., LLC Retirement Savings Plan and Trust | Sunstate Equipment Co., LLC | AZ | DC | 2,941 | $164M | $55,774 | $2,036 | $96.86 |
| Valmet, Inc. Retirement Savings Plan | Valmet, Inc. | GA | DC | 2,750 | $432M | $156,955 | $2,442 | $98.30 |
| Kone Inc. Employee Savings Plan | Kone Inc. | IL | DC | 2,602 | $467M | $179,630 | $4,973 | $137 |
| Valmet, Inc. Pension Plan and Trust | Valmet Inc. | GA | DC | 2,541 | $86.1M | $33,877 | $4,029 | $15.41 |
| Duravant 401(k) Plan | Duravant LLC | IL | DC | 2,302 | $163M | $70,746 | $3,167 | $166 |
| Smart Care Solutions 401(k) Plan | Eec Acquisitions, LLC DBA Smart Care Equipment Solutions | MN | DC | 2,288 | $61.1M | $26,696 | $1,321 | $121 |
| Donaldson Company, Inc. Salaried Employees Pension Plan | Donaldson Company, Inc. | MN | DB | 2,170 | $174M | $80,352 | — | $250 |
| Amsted Industries Incorporated Defined Benefit Pension Plan | Amsted Industries Incorporated | IL | DB | 2,052 | $141M | $68,574 | $12,273 | $381 |
| Macdermid, Incorporated Employees' Pension Plan | Macdermid, Incorporated | CT | DB | 2,022 | $164M | $81,032 | — | $361 |
| Inserv 401(k) Plan | Integrated Service Company LLC | OK | DC | 1,968 | $28.6M | $14,548 | $372 | $48.64 |
| Babcock Power Savings Plan | Babcock Power Inc. | MA | DC | 1,877 | $225M | $119,699 | $3,753 | $133 |
| Grundfos Pumps Corporation 401(k) Profit Sharing Plan | Grundfos Pumps Corporation | IL | DC | 1,840 | $283M | $153,563 | $5,164 | $142 |
| Hydro-Gear Retirement Plan | Hydro-Gear Limited Partnership | IL | DC | 1,818 | $68.8M | $37,844 | $2,110 | $149 |
| Local 808 Ibt Pension Plan | Joint Board of Trustees of Local 808 Ibt Pension Fund | NY | DB | 1,784 | $70.1M | $39,298 | $3,552 | $291 |
| Haas Automation, Inc. 401(k) Profit Sharing Plan | Haas Automation, Inc. | CA | DC | 1,777 | $356M | $200,369 | $6,645 | $35.13 |
| Kuka Retirement Savings Plan | Kuka Systems North America LLC | MI | DC | 1,669 | $222M | $132,814 | $2,334 | $211 |
| MTD Products Inc. Pension Plan | MTD Products Inc. | OH | DB | 1,632 | $101M | $61,617 | $1,130 | $506 |
| Enerflex Inc. and Subsidiaries Matched Savings Plan | Enerflex Inc. | TX | DC | 1,559 | $124M | $79,806 | $4,612 | $47.17 |
| Element Solutions Inc. Employee Savings and 401(k) Plan | Element Solutions Inc. | CT | DC | 1,433 | $311M | $217,142 | $7,301 | $174 |
| Donaldson Company, Inc. Hourly Employees Pension Plan | Donaldson Company, Inc. | MN | DB | 1,410 | $96.6M | $68,500 | — | $234 |
| Spatco Energy Solutions 401(k) Plan | Spatco Energy Solutions, LLC | NC | DC | 1,377 | $38.2M | $27,706 | $1,123 | $77.09 |
| Angstrom Automotive Group, LLC 401(k) Plan | Angstrom Automotive Group, LLC | MI | DC | 1,254 | $17.3M | $13,775 | $776 | $14.59 |
| Sew-Eurodrive, Inc. Profit SHARING/401(K) Retirement Plan | Sew-Eurodrive, Inc. | SC | DC | 1,220 | $238M | $195,060 | $10,912 | $164 |
| Scot Industries, Inc. Profit Sharing Trust | Scot Industries, Inc. | TX | DC | 1,192 | $190M | $159,484 | $9,613 | — |
| Hydac Technology Corp. 401(k) Retirement Plan | Hydac Technology Corporation | PA | DC | 1,191 | $81.8M | $68,707 | $2,619 | $268 |
| Coesia North America 401(k) Retirement Savings Plan | R.a Jones & Co. | VA | DC | 1,152 | $214M | $185,657 | $5,062 | $268 |
| Rebuild Manufacturing 401(k) Plan | Rebuild Manufacturing, LLC | MA | DC | 1,111 | $66.1M | $59,491 | $4,486 | $50.10 |
| Quantum Corporation Employee Savings and Investment Plan | Quantum Corporation | CA | DC | 1,090 | $268M | $245,432 | $3,442 | $96.72 |
| Buckeye Corrugated, Inc. 401(k) Plan and Trust | Buckeye Corrugated, Inc. | OH | DC | 1,041 | $63.4M | $60,925 | $1,982 | $119 |
| Tramec, LLC 401(k) Plan | Tramec LLC | KS | DC | 976 | $28.5M | $29,189 | $1,322 | $131 |
By plan size
By state
Questions and answers
How many retirement plans are there in other general purpose machinery mfg?
256 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 357 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 other general purpose machinery mfg?
The median defined contribution plan reported $78,101 in net assets per participant (middle half of plans: $51,118 to $117,493); 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 other general purpose machinery mfg?
The median defined contribution plan received $2,393 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 other general purpose machinery mfg?
Among defined contribution plans that report any Schedule C compensation, the median was $173 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.