National Machine Group 401k Savings Plan — Form 5500 plan (National Machine Company)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, National Machine Group 401k Savings Plan is a benefit plan reported by National Machine Company under EIN 34-1011007 and plan number 001. The latest loaded filing year is 2023. The filing reports 455 participants and $35,756,564 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$35.8MPlan net assets, end of year$35,756,564
Participants455Covered participants reported
Assets / participant$78.6KComputed: assets ÷ participants$78,586 (computed)
Provider compensation$78.4K2 Schedule C provider row(s)$78,383
Plan sponsor
National Machine Company
EIN
34-1011007
Plan number
001
Plan type
2
Location
Stow, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023455H, C20240731141735NAL0036790192001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$35.8M total assets
Net assets$35.8MLiabilities$0
Money in vs. money out
Total income / additions$9M
Total expenses$1.9M
Benefits paid / distributions$1.8M
Contributions
Employer$999.5K
Participant$2M
Full reported line items

Net assets

Total assets (EOY)
$35,756,564
Total liabilities (EOY)
$0
Net assets (EOY)
$35,756,564
Net assets (BOY)
$28,625,787

Income & contributions

Employer contributions
$999,492
Participant contributions
$2,040,704
Total contributions
$3,370,438
Total income / additions
$9,032,104

Expenses & distributions

Benefits paid
$1,822,645
Administrative expenses
$78,682
Total expenses
$1,901,327
Net increase / (decrease)
$7,130,777
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T. Rowe Price Rps, IncNONE$45,809not reported in the loaded dataset2023
Highland Consulting AssocNONE$32,574not reported in the loaded dataset2023

Related Form 5500 pages