401(k) · DOL Form 5500 · 2022

Material Handling Industry 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
34
Participants Small participant base
61st
Percentile by assets National rank
$247,149
Avg per participant Above avg balance/head
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Official DOL plan name: Material Handling Industry Thrift Plan · Sponsored by Material Handling Industry · North Carolina · Other Services

$8M in assets, 34 participants

Material Handling Industry's Material Handling Industry Thrift Plan reported $8M in total assets and 34 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #6,495 in Other Services (8,398 peers)

Material Handling Industry multi-year trail

Material Handling Industry's plans moved +54.6% in assets from 2022 to 2024; this filing shows Material Handling Industry Thrift Plan at $8M / 34 participants.

#6,495
in Other Services (8,398 peers)
-11.5%
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.

Material Handling Industry Thrift Plan's mid-pack asset rank among Other Services and all filers

Material Handling Industry Thrift Plan vs every filed plan by assets

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

$8,403,077 Top 39% higher than 61% 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

Material Handling Industry Thrift Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Material Handling Industry Thrift Plan is a small filing (34 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 561596147 · Material Handling Industry PY 2022 · 401(k)

Material Handling Industry Thrift Plan · $8M · 34 · 61st

  • PCT $8M
  • PCT 34
  • PCT 61st
  • PCT 401(k)
  • PCT near Personal Resources Investment & Strategic Management, Inc. 401(k) Profit Sharing Plan
  • PCT ind #6495

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 Other Services retirement plans → · Plans in North Carolina →

Material Handling Industry Thrift Plan in the asset neighbourhood

Material Handling Industry Thrift PlanMaterial Handling Industry T…$8MPersonal Resources Investment & Strategic Management, Inc. 401(k) Profit Sharing PlanPersonal Resources Investmen…$8MHasa, Inc. Retirement Savings PlanHasa, Inc. Retirement Saving…$8MNew Energy Works of Rochester, Inc. 401 (K) Profit Sharing PlanNew Energy Works of Rocheste…$8MPediatric Associates of Greater Salem, Inc. 401(k) Profit Sharing PlanPediatric Associates of Grea…$8M
End-of-year total assets ($M) among Material Handling Industry Thrift Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Material Handling Industry multi-year asset trail

Sponsor-wide plan assets over time

All Material Handling Industry plans reported in each filing year

Latest sponsor-wide plan assets
$13M 54.552873905594346% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $8.4M $13M ▲ +54.6%
Year Plans Participants Total Assets
2022 1 34 $8M
2023 1 38 $10M
2024 1 44 $13M

Material Handling Industry filing trail (2022)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN561596147
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Material Handling Industry Thrift Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Material Handling Industry Thrift Plan, Total assets ($B): 0.008403077 · Participants: 34Material Handling Industry Thrift 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
Material Handling Industry Thrift Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Material Handling Industry Thrift Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Personal Resources Investment & Strategic Management, Inc. 401(k) Profit Sharing Plan in CA ($8M); by covered participants it is Taylor Automotive Group 401(k) Plan in TN (34 participants). Same-state nearby plans are listed separately above.

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 Material Handling Industry Thrift Plan assets move in 2022?
Material Handling Industry Thrift Plan pulled back noticeably - down 11.5% during 2022, from $9M to $8M. Reported net income was -$1M.
How have Material Handling Industry plan assets changed over time?
Across 3 plan years on file (2022-2024), Material Handling Industry's sponsor-wide assets grew 54.6%, from $8M to $13M.
Which 401(k) plans are similar in size to Material Handling Industry Thrift Plan?
Among 401(k) plans in other states, the closest by assets is Personal Resources Investment & Strategic Management, Inc. 401(k) Profit Sharing Plan in CA ($8M, 6 participants).
Which 401(k) plans cover a similar participant headcount to Material Handling Industry Thrift Plan?
Among 401(k) plans in other states, the closest by covered participants is Taylor Automotive Group 401(k) Plan in TN (34 participants, $3M in assets).