401(k) · DOL Form 5500 · 2022

Mechanical Systems & Services 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
592
Participants Below avg headcount
78th
Percentile by assets National rank
$36,082
Avg per participant Low balance/head
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Official DOL plan name: Mechanical Systems & Services, Inc. Retirement Savings Plan · Sponsored by Mechanical Systems & Services · North Carolina · Construction

$21M in assets, 592 participants

Mechanical Systems & Services's Mechanical Systems & Services, Inc. Retirement Savings Plan reported $21M in total assets and 592 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #7,698 in Construction (9,927 peers)

Where Mechanical Systems & Services, Inc. Retirement Savings Plan sits by assets

Mechanical Systems & Services, Inc. Retirement Savings Plan sits in the top quartile of all filed plans by assets, $21M for 592 participants (~$36,082/participant), down 13.0% in 2022.

#7,698
in Construction (9,927 peers)
-13.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mechanical Systems & Services, Inc. Retirement Savings Plan's outsized position by total assets

Mechanical Systems & Services, Inc. Retirement Savings Plan vs every filed plan by assets

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

$21,360,350 Top 22% higher than 78% 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

Mechanical Systems & Services, Inc. Retirement 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. Mechanical Systems & Services, Inc. Retirement Savings Plan sits mid-pack in the medium band (592 participants).

DOL schedule card

Filing strip 561973119 · Mechanical Systems & Services PY 2022 · 401(k)

Mechanical Systems & Services, Inc. Retirement Savings Plan · $21M · 592 · 78th

  • RANK $21M
  • RANK 592
  • RANK 78th
  • RANK 401(k)
  • RANK near China Merchants Bank 401(k) Plan
  • RANK ind #7698

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 Construction retirement plans → · Plans in North Carolina →

Mechanical Systems & Services, Inc. Retirement Savings Plan in the asset neighbourhood

Mechanical Systems & Services, Inc. Retirement Savings PlanMechanical Systems & Service…$21MChina Merchants Bank 401(k) PlanChina Merchants Bank 401(k) …$21MThe Citizens Bank Ksop Plan$21MModern Litho, Inc. Retirement PlanModern Litho, Inc. Retiremen…$21MLong Fence Company, Inc. Profit Sharing PlanLong Fence Company, Inc. Pro…$21M
End-of-year total assets ($M) among Mechanical Systems & Services, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$21M
Net Income-$3M
Employer EIN561973119
Plan Effective Date1997-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mechanical Systems & Services)

Sponsor-wide plan assets over time

All Mechanical Systems & Services plans reported in each filing year

Latest sponsor-wide plan assets
$34M 58.872373345942364% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $21.4M $33.9M ▲ +58.9%
Year Plans Participants Total Assets
2022 1 592 $21M
2023 1 607 $28M
2024 1 670 $34M

Nearby 401(k) Plans in North Carolina

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

Mechanical Systems & Services, Inc. Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Mechanical Systems & Services, Inc. Retirement Savings Plan, Total assets ($B): 0.02136035 · Participants: 592Mechanical Systems & Services, Inc. Retirement 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
Mechanical Systems & Services, Inc. Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mechanical Systems & Services, Inc. Retirement Savings Plan side-by-side with 3 peers →

Mechanical Systems & Services, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is China Merchants Bank 401(k) Plan in NY ($21M); by covered participants it is Ming Entertainment Group LLC 401(k) Plan in CA (592 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (592 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 Mechanical Systems & Services, Inc. Retirement Savings Plan assets move in 2022? ▼
Mechanical Systems & Services, Inc. Retirement Savings Plan pulled back noticeably - down 13.0% during 2022, from $25M to $21M. Reported net income was -$3M.
How have Mechanical Systems & Services plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mechanical Systems & Services's sponsor-wide assets grew 58.9%, from $21M to $34M.
Where does Mechanical Systems & Services, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Mechanical Systems & Services, Inc. Retirement Savings Plan ranks in the 78th 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 Mechanical Systems & Services, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is China Merchants Bank 401(k) Plan in NY ($21M, 93 participants).
Which 401(k) plans cover a similar participant headcount to Mechanical Systems & Services, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ming Entertainment Group LLC 401(k) Plan in CA (592 participants, $37K 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 561973119.

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.