Major Tool & Machine, Inc. 401(k) Plan: Login, Facts & Contact Information
Major Tool & Machine, Inc. 401(k) Login
471 former Major Tool & Machine, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Major Tool & Machine, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 29, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $15.0 million went into the plan in contributions, $4.44 million of it from the employer (30%).
- $16.8 million was paid out to participants.
- Investment and other income added $20.6 million.
- Administrative expenses were $190,856, about $99 per account.
How the Major Tool & Machine, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 410 | $43.1 million | $1.02 million | $2.32 million |
| 2020 | 425 | $56.6 million | $1.07 million | $2.37 million |
| 2021 | 443 | $66.3 million | $1.20 million | $3.59 million |
| 2022 | 461 | $80.3 million | $1.28 million | $4.75 million |
| 2023 | 1,212 | $133.2 million | $2.94 million | $12.3 million |
| 2024 | 1,774 | $151.9 million | $4.44 million | $16.8 million |
Major Tool & Machine, Inc. 401(k) Contact Information
Questions about the Major Tool & Machine, Inc. 401(k)
Does Major Tool & Machine, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $4.44 million, 30% of all contributions.
Does the Major Tool & Machine, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Major Tool & Machine, Inc 401(k) plan?
1,774 participants at the start of plan year 2024, 1,536 of them active employees, and 471 former employees who still had money in the plan.
What is the average 401(k) balance at Major Tool & Machine, Inc?
About $78,830 per account: $151.9 million in plan assets across 1,927 accounts with a balance at the end of plan year 2024.
Who manages the Major Tool & Machine, Inc 401(k) accounts?
Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Major Tool & Machine, Inc. How do I access my 401(k)?
Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.