401(k) · DOL Form 5500 · 2022

Mcgill Associates, P.a. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
131
Participants Small participant base
73rd
Percentile by assets National rank
$115,202
Avg per participant Below avg balance/head
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Official DOL plan name: Mcgill Associates, P.a. Profit Sharing Plan and Trust · Sponsored by Mcgill Associates, P.a. · North Carolina · Professional & Technical Services

$15M in assets, 131 participants

Mcgill Associates, P.a.'s Mcgill Associates, P.a. Profit Sharing Plan and Trust reported $15M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #15,571 in Professional & Technical Services (21,562 peers)

Coverage in North Carolina

Mcgill Associates, P.a. Profit Sharing Plan and Trust covers 131 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $15M.

#15,571
in Professional & Technical Services (21,562 peers)
-19.3%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcgill Associates, P.a. Profit Sharing Plan and Trust's outsized position by total assets

Mcgill Associates, P.a. Profit Sharing Plan and Trust vs every filed plan by assets

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

$15,091,425 Top 27% higher than 73% 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

Mcgill Associates, P.a. Profit Sharing Plan and Trust 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. Mcgill Associates, P.a. Profit Sharing Plan and Trust sits mid-pack in the medium band (131 participants).

EBSA filing schedule strip

Filing strip 561396980 · Mcgill Associates, P.a. PY 2022 · 401(k)

Mcgill Associates, P.a. Profit Sharing Plan and Trust · $15M · 131 · 73rd

  • ASSETS $15M
  • PCT 131
  • EIN 73rd
  • RANK 401(k)
  • PHOTO near Jimway, Inc. 401(k) Plan
  • IND ind #15571

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Mcgill Associates, P.a. Profit Sharing Plan and Trust in the asset neighbourhood

Mcgill Associates, P.a. Profit Sharing Plan and TrustMcgill Associates, P.a. Prof…$15MJimway, Inc. 401(k) Plan$15MUniseal 401(k) Plan$15MThe Wittern Group Non-Bargaining 401(k) PlanThe Wittern Group Non-Bargai…$15MDehay & Elliston, LLP 401(k) Profit Sharing PlanDehay & Elliston, LLP 401(k)…$15M
End-of-year total assets ($M) among Mcgill Associates, P.a. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$15M
Net Income-$4M
Employer EIN561396980
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcgill Associates, P.a.)

Sponsor-wide plan assets over time

All Mcgill Associates, P.a. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 37.06400820333401% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15.1M $20.7M ▲ +37.0%
Year Plans Participants Total Assets
2022 1 131 $15M
2023 1 144 $18M
2024 1 170 $21M

Nearby 401(k) Plans in North Carolina

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

Mcgill Associates, P.a. Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Mcgill Associates, P.a. Profit Sharing Plan and Trust, Total assets ($B): 0.015091425 · Participants: 131Mcgill Associates, P.a. Profit Sharing Plan and TrustThe 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
Mcgill Associates, P.a. Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mcgill Associates, P.a. Profit Sharing Plan and Trust side-by-side with 3 peers →

Mcgill Associates, P.a. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Jimway, Inc. 401(k) Plan in CA ($15M); by covered participants it is Premium Brands Holdings Corporation Retirement Plan in WA (131 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (131 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 Mcgill Associates, P.a. Profit Sharing Plan and Trust assets move in 2022? ▼
Mcgill Associates, P.a. Profit Sharing Plan and Trust declined sharply - down 19.3% during 2022, from $19M to $15M. Reported net income was -$4M.
How have Mcgill Associates, P.a. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcgill Associates, P.a.'s sponsor-wide assets grew 37.1%, from $15M to $21M.
Which 401(k) plans are similar in size to Mcgill Associates, P.a. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Jimway, Inc. 401(k) Plan in CA ($15M, 119 participants).
Which 401(k) plans cover a similar participant headcount to Mcgill Associates, P.a. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Premium Brands Holdings Corporation Retirement Plan in WA (131 participants, $4M 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 561396980.

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.