Mco Transport Retirement Savings Plan
ERISA Form 5500 plan record drawn from DOL EBSA โ verify with linked source filings below.
Sponsored by Mco Transport, Inc. ยท North Carolina ยท Transportation & Warehousing
What the 2023 filing shows
Mco Transport Retirement Savings Plan holds $589K for 100 participants - about $5,893 per participant, down 78.0% over the 2022 plan year.
- $589K
- total plan assets (2022 EOY)
- 100
- covered participants
- $5,893
- avg assets per participant
- -78.0%
- assets change YoY
The plan reported a net loss of $2M for the year โ a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Mco Transport Retirement Savings Plan
Mco Transport Retirement Savings Plan is a 401(k) retirement plan sponsored by Mco Transport, Inc., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $589K in total end-of-year assets and covers 100 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 561004019, and the plan has been effective since 1975-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $3M at the beginning of 2022 to $589K at year-end โ a decline of 78.0%. Net assets (after liabilities) closed the year at $589K, with reported net income of $-2,083,531 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $3M |
| Total Assets (End of Year) | $589K |
| Net Assets (End of Year) | $589K |
| Net Income | $-2,083,531 |
| Plan Type | 401(k) |
| Employer EIN | 561004019 |
| Plan Effective Date | 1975-01-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans โ same state, same plan type โ ranked by total assets.
- The Bank of America 401(k) Plan $54.8B ยท 173,899
- Honeywell 401(k) Plan $15.4B ยท 40,004
- Duke Energy Retirement Savings Plan $10.4B ยท 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B ยท 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B ยท 24,174
Related Data
Guides
Frequently Asked Questions
How much money is in the Mco Transport Retirement Savings Plan? ▼
What type of plan is Mco Transport Retirement Savings Plan? ▼
Who sponsors the Mco Transport Retirement Savings Plan? ▼
How did Mco Transport Retirement Savings Plan perform in 2022? ▼
Where can I find official filings for Mco Transport Retirement Savings Plan? ▼
How does Mco Transport Retirement Savings Plan compare to other plans? ▼
Explore PlainRetire
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) โ original filing retrieval by EIN 561004019.
Reference: IRS Publication 560 โ Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B โ Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology โ how this data is sourced, computed, and verified.