401(k) · DOL Form 5500 · 2022

Mcmichael Mills, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
263
Participants Below avg headcount
60th
Percentile by assets National rank
$29,875
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mcmichael Mills, Inc. 401(k) Savings Plan · Sponsored by Mcmichael Mills, Inc. · North Carolina · Manufacturing

$8M in assets, 263 participants

Mcmichael Mills, Inc.'s Mcmichael Mills, Inc. 401(k) Savings Plan reported $8M in total assets and 263 participants in its 2022 DOL Form 5500 filing, ranking in the 60th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,459 in Manufacturing (20,602 peers)

Coverage in North Carolina

Mcmichael Mills, Inc. 401(k) Savings Plan covers 263 participants in North Carolina, about 32% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#9,459
in Manufacturing (20,602 peers)
-14.3%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcmichael Mills, Inc. 401(k) Savings Plan's mid-pack asset rank among Manufacturing and all filers

Mcmichael Mills, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,857,252 Top 40% higher than 60% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Mcmichael Mills, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcmichael Mills, Inc. 401(k) Savings Plan sits mid-pack in the medium band (263 participants).

Published 5500 schedule card

Filing strip 561833391 · Mcmichael Mills, Inc. PY 2022 · 401(k)

Mcmichael Mills, Inc. 401(k) Savings Plan · $8M · 263 · 60th

  • TYPE $8M
  • TYPE 263
  • TYPE 60th
  • TYPE 401(k)
  • TYPE near Gamma Construction Company, Inc. 401(k) Plan
  • TYPE ind #9459

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →

Mcmichael Mills, Inc. 401(k) Savings Plan in the asset neighbourhood

Mcmichael Mills, Inc. 401(k) Savings PlanMcmichael Mills, Inc. 401(k)…$8MGamma Construction Company, Inc. 401(k) PlanGamma Construction Company, …$8MGulf Coast Manufacturing, L.L.C. Profit Sharing 40 1(K) PlanGulf Coast Manufacturing, L.…$8MDlc Management 401(k) Plan$8MThe Groom Construction Co., Inc. 401(k) PlanThe Groom Construction Co., …$8M
End-of-year total assets ($M) among Mcmichael Mills, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN561833391
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcmichael Mills, Inc.)

Sponsor-wide plan assets over time

All Mcmichael Mills, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 0.9765246170035019% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M 202220232024 $7.86M $7.93M ▲ +0.9%
Year Plans Participants Total Assets
2022 1 263 $8M
2023 1 264 $9M
2024 1 269 $8M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mcmichael Mills, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Mcmichael Mills, Inc. 401(k) Savings Plan, Total assets ($B): 0.007857252 · Participants: 263Mcmichael Mills, Inc. 401(k) Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Mcmichael Mills, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Mcmichael Mills, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Gamma Construction Company, Inc. 401(k) Plan in TX ($8M); by covered participants it is 2nd Watch 401(k) Plan in WA (263 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (263 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mcmichael Mills, Inc. 401(k) Savings Plan assets move in 2022?
Mcmichael Mills, Inc. 401(k) Savings Plan pulled back noticeably - down 14.3% during 2022, from $9M to $8M. Reported net income was -$1M.
How have Mcmichael Mills, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcmichael Mills, Inc.'s sponsor-wide assets grew 1.0%, from $8M to $8M.
Which 401(k) plans are similar in size to Mcmichael Mills, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Gamma Construction Company, Inc. 401(k) Plan in TX ($8M, 163 participants).
Which 401(k) plans cover a similar participant headcount to Mcmichael Mills, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is 2nd Watch 401(k) Plan in WA (263 participants, $11M in assets).