401(k) · DOL Form 5500 · 2022

M-B Industries Incorporated 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
84
Participants Small participant base
42nd
Percentile by assets National rank
$39,244
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: M-B Industries, Inc. 401(k) Plan · Sponsored by M-B Industries Incorporated · North Carolina · Manufacturing

$3M in assets, 84 participants

M-B Industries Incorporated's M-B Industries, Inc. 401(k) Plan reported $3M in total assets and 84 participants in its 2022 DOL Form 5500 filing, ranking in the 42nd 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.

  • #5,251 in Manufacturing (20,602 peers)

M-B Industries Incorporated multi-year trail

M-B Industries Incorporated's plans moved -39.2% in assets from 2022 to 2024; this filing shows M-B Industries, Inc. 401(k) Plan at $3M / 84 participants.

#5,251
in Manufacturing (20,602 peers)
-38.6%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

M-B Industries, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

M-B Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$3,296,524 42nd percentile higher than 42% 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

M-B Industries, Inc. 401(k) 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. M-B Industries, Inc. 401(k) Plan is a small filing (84 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 210515635 · M-B Industries Incorporated PY 2022 · 401(k)

M-B Industries, Inc. 401(k) Plan · $3M · 84 · 42nd

  • EIN $3M
  • EIN 84
  • EIN 42nd
  • EIN 401(k)
  • EIN near Wessels Company Employees' Savings and Investment Plan
  • EIN ind #5251

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 →

M-B Industries, Inc. 401(k) Plan in the asset neighbourhood

M-B Industries, Inc. 401(k) PlanM-B Industries, Inc. 401(k) …$3MWessels Company Employees' Savings and Investment PlanWessels Company Employees' S…$3MJenkins Linc-Merc, Inc. 401(k) PlanJenkins Linc-Merc, Inc. 401(…$3MFmh Material Handling Solutions, Inc. 401(k) PlanFmh Material Handling Soluti…$3MSeabold Group 401(k) Retirement Savings PlanSeabold Group 401(k) Retirem…$3M
End-of-year total assets ($M) among M-B Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

M-B Industries Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All M-B Industries Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$2M 39.19210052770737% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $3.3M $2M ▼ -39.4%
Year Plans Participants Total Assets
2022 1 84 $3M
2023 1 78 $3M
2024 1 65 $2M

M-B Industries Incorporated filing trail (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$3M
Net Income-$2M
Employer EIN210515635
Plan Effective Date1963-03-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

M-B Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants M-B Industries, Inc. 401(k) Plan, Total assets ($B): 0.003296524 · Participants: 84M-B Industries, Inc. 401(k) 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
M-B Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

M-B Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Wessels Company Employees' Savings and Investment Plan in IN ($3M); by covered participants it is Kate Somerville Skincare, LLC 401(k) Ps Plan in CA (84 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (84 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 M-B Industries, Inc. 401(k) Plan assets move in 2022?
M-B Industries, Inc. 401(k) Plan contracted severely - down 38.6% during 2022, from $5M to $3M. Reported net income was -$2M.
How have M-B Industries Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), M-B Industries Incorporated's sponsor-wide assets declined 39.2%, from $3M to $2M.
Which 401(k) plans are similar in size to M-B Industries, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Wessels Company Employees' Savings and Investment Plan in IN ($3M, 127 participants).
Which 401(k) plans cover a similar participant headcount to M-B Industries, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Kate Somerville Skincare, LLC 401(k) Ps Plan in CA (84 participants, N/A in assets).