401(k) · DOL Form 5500 · 2022

Mcgihon Quality Tools, Inc. 401(k) Plan

Data updated 2026-08-25

$287K
Total assets Small plan by assets
1
Participants Small participant base
13th
Percentile by assets National rank
$287,429
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mcgihon Quality Tools Retirement Plan · Sponsored by Mcgihon Quality Tools, Inc. · Pennsylvania · Retail Trade

$287K in assets, 1 participants

Mcgihon Quality Tools, Inc.'s Mcgihon Quality Tools Retirement Plan reported $287K in total assets and 1 participant in its 2022 DOL Form 5500 filing, ranking in the 13th 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.

  • #1,944 in Retail Trade (9,519 peers)

What the 2022 filing shows

Mcgihon Quality Tools Retirement Plan holds $287K for 1 participant - about $287,429 per participant, among the smaller plans by assets on file.

#1,944
in Retail Trade (9,519 peers)
-1.9%
assets change YoY

The plan reported a net loss of $6K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcgihon Quality Tools Retirement Plan among the smaller filed plans by assets

Mcgihon Quality Tools Retirement Plan vs every filed plan by assets

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

$287,429 13th percentile higher than 13% 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

Mcgihon Quality Tools Retirement Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcgihon Quality Tools Retirement Plan is a micro filing (1 participant), the leftmost band.

Plan-year Form 5500 strip

Filing strip 471217413 · Mcgihon Quality Tools, Inc. PY 2022 · 401(k)

Mcgihon Quality Tools Retirement Plan · $287K · 1 · 13th

  • RANK $287K
  • PHOTO 1
  • IND 13th
  • EOY 401(k)
  • 5500 near Wise Ventures Inc. 401(k) Plan
  • ASSETS ind #1944

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 Retail Trade retirement plans → · Plans in Pennsylvania →

Mcgihon Quality Tools Retirement Plan in the asset neighbourhood

Mcgihon Quality Tools Retirement PlanMcgihon Quality Tools Retire…$287KWise Ventures Inc. 401(k) PlanWise Ventures Inc. 401(k) Pl…$287KElefent Enterprises, Inc. 401(k) Profit Sharing PlanElefent Enterprises, Inc. 40…$287KAngle Detailing Inc 401(k) Profit Sharing Plan & TrustAngle Detailing Inc 401(k) P…$287KSfj Enterprises, Inc. 401(k) Profit Sharing PlanSfj Enterprises, Inc. 401(k)…$287K
End-of-year total assets ($M) among Mcgihon Quality Tools Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$293K
Net Assets (End of Year)$287K
Net Income-$6K
Employer EIN471217413
Plan Effective Date2014-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcgihon Quality Tools, Inc.)

Sponsor-wide plan assets over time

All Mcgihon Quality Tools, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$302K 4.903471813908826% vs 2022
2024 filing year
$0.28M$0.29M$0.3M$0.3M$0.31M 202220232024 $0.29M $0.3M ▲ +3.4%
Year Plans Participants Total Assets
2022 1 1 $287K
2023 1 1 $296K
2024 1 1 $302K

Nearby 401(k) Plans in Pennsylvania

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

Mcgihon Quality Tools Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Mcgihon Quality Tools Retirement Plan, Total assets ($B): 0.000287429 · Participants: 1Mcgihon Quality Tools Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Mcgihon Quality Tools Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Mcgihon Quality Tools Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Wise Ventures Inc. 401(k) Plan in ID ($287K); by covered participants it is Kellow Corporation 401(k) Profit Sharing Plan in WI (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Mcgihon Quality Tools Retirement Plan assets move in 2022?
Mcgihon Quality Tools Retirement Plan edged down modestly - down 1.9% during 2022, from $293K to $287K. Reported net income was -$6K.
How have Mcgihon Quality Tools, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcgihon Quality Tools, Inc.'s sponsor-wide assets grew 4.9%, from $287K to $302K.
Where does Mcgihon Quality Tools Retirement Plan rank by assets among Form 5500 filers?
Mcgihon Quality Tools Retirement Plan ranks in the 13th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Mcgihon Quality Tools Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Wise Ventures Inc. 401(k) Plan in ID ($287K, 1 participant).
Which 401(k) plans cover a similar participant headcount to Mcgihon Quality Tools Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Kellow Corporation 401(k) Profit Sharing Plan in WI (1 participant, N/A in assets).