401(k) · DOL Form 5500 · 2022

Mclaughlin Gormley King Company 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
174
Participants Small participant base
85th
Percentile by assets National rank
$213,375
Avg per participant Above avg balance/head
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Official DOL plan name: Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan · Sponsored by Mclaughlin Gormley King Company · Minnesota · Manufacturing

$37M in assets, 174 participants

Mclaughlin Gormley King Company's Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan reported $37M in total assets and 174 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,231 in Manufacturing (20,602 peers)

Coverage in Minnesota

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan covers 174 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $37M.

#16,231
in Manufacturing (20,602 peers)
-18.7%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan's outsized position by total assets

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan vs every filed plan by assets

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

$37,127,228 Top 15% higher than 85% 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

Mclaughlin Gormley King Company Profit Sharing and Employee 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. Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan sits mid-pack in the medium band (174 participants).

Plan-year Form 5500 strip

Filing strip 410403600 · Mclaughlin Gormley King Company PY 2022 · 401(k)

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan · $37M · 174 · 85th

  • BOY $37M
  • BOY 174
  • BOY 85th
  • BOY 401(k)
  • BOY near Delaney Radiologists, P.a. 401(k) Profit-Sharing Plan and Trust
  • BOY ind #16231

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 Minnesota →

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan in the asset neighbourhood

Mclaughlin Gormley King Company Profit Sharing and Employee Savings PlanMclaughlin Gormley King Comp…$37MDelaney Radiologists, P.a. 401(k) Profit-Sharing Plan and TrustDelaney Radiologists, P.a. 4…$37MProfit Sharing Plan & Trust of South Carolina Oncology Associates, P. a.Profit Sharing Plan & Trust …$37MI.C. Thomasson Associates, Inc. 401(k) Retirement PlanI.C. Thomasson Associates, I…$37MQualis 401(k) Plan$37M
End-of-year total assets ($M) among Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$37M
Net Income-$9M
Employer EIN410403600
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mclaughlin Gormley King Company)

Sponsor-wide plan assets over time

All Mclaughlin Gormley King Company plans reported in each filing year

Latest sponsor-wide plan assets
$55M 48.630931994168805% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $37.1M $55.2M ▲ +48.6%
Year Plans Participants Total Assets
2022 1 174 $37M
2023 1 183 $47M
2024 1 193 $55M

Nearby 401(k) Plans in Minnesota

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

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan, Total assets ($B): 0.037127228 · Participants: 174Mclaughlin Gormley King Company Profit Sharing and Employee Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan side-by-side with 3 peers →

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Delaney Radiologists, P.a. 401(k) Profit-Sharing Plan and Trust in NC ($37M); by covered participants it is Decarolis Truck Rental, Inc. P/S & Savings Plan in NY (174 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (174 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 Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan assets move in 2022? ▼
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan declined sharply - down 18.7% during 2022, from $46M to $37M. Reported net income was -$9M.
How have Mclaughlin Gormley King Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mclaughlin Gormley King Company's sponsor-wide assets grew 48.6%, from $37M to $55M.
Where does Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan rank by assets among Form 5500 filers? ▼
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Delaney Radiologists, P.a. 401(k) Profit-Sharing Plan and Trust in NC ($37M, 122 participants).
Which 401(k) plans cover a similar participant headcount to Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Decarolis Truck Rental, Inc. P/S & Savings Plan in NY (174 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410403600.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.