401(k) · DOL Form 5500 · 2022

Monarch Knitting Machinery Corporation 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
24
Participants Small participant base
51st
Percentile by assets National rank
$217,963
Avg per participant Above avg balance/head
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Official DOL plan name: Monarch Knitting Machinery Corporation 401(k) Plan · Sponsored by Monarch Knitting Machinery Corporation · North Carolina · Manufacturing

$5M in assets, 24 participants

Monarch Knitting Machinery Corporation's Monarch Knitting Machinery Corporation 401(k) Plan reported $5M in total assets and 24 participants in its 2022 DOL Form 5500 filing, ranking in the 51st 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.

  • #7,276 in Manufacturing (20,602 peers)

2022 asset change

Monarch Knitting Machinery Corporation 401(k) Plan pulled back noticeably 10.4% in 2022 ($6M → $5M) for 24 participants.

#7,276
in Manufacturing (20,602 peers)
-10.4%
assets change YoY

The plan reported a net loss of $608K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Monarch Knitting Machinery Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Monarch Knitting Machinery Corporation 401(k) Plan vs every filed plan by assets

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

$5,231,109 Top 49% higher than 51% 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

Monarch Knitting Machinery Corporation 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. Monarch Knitting Machinery Corporation 401(k) Plan is a small filing (24 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 112030281 · Monarch Knitting Machinery Corporation PY 2022 · 401(k)

Monarch Knitting Machinery Corporation 401(k) Plan · $5M · 24 · 51st

  • ASSETS $5M
  • ASSETS 24
  • ASSETS 51st
  • ASSETS 401(k)
  • ASSETS near Millar, Inc. 401(k) Plan
  • ASSETS ind #7276

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 →

Monarch Knitting Machinery Corporation 401(k) Plan in the asset neighbourhood

Monarch Knitting Machinery Corporation 401(k) PlanMonarch Knitting Machinery C…$5MMillar, Inc. 401(k) Plan$5MRussell a. Farrow (U.S.) Inc 401(k) PlanRussell a. Farrow (U.S.) Inc…$5MThomas J. Galligan, Dds Gerard M. Villa, Dds, LLP Profit Sharing PlanThomas J. Galligan, Dds Gera…$5MRightway Fasteners, Inc. Retirement Savings PlanRightway Fasteners, Inc. Ret…$5M
End-of-year total assets ($M) among Monarch Knitting Machinery Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Monarch Knitting Machinery Corporation years around the 2022 move

Sponsor-wide plan assets over time

All Monarch Knitting Machinery Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$5M 7.688025617512463% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $5.23M $4.83M ▼ -7.6%
Year Plans Participants Total Assets
2022 1 24 $5M
2023 1 24 $6M
2024 1 24 $5M

2022 asset-move particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$608K
Employer EIN112030281
Plan Effective Date1992-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Monarch Knitting Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Monarch Knitting Machinery Corporation 401(k) Plan, Total assets ($B): 0.005231109 · Participants: 24Monarch Knitting Machinery Corporation 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
Monarch Knitting Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Monarch Knitting Machinery Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Millar, Inc. 401(k) Plan in TX ($5M); by covered participants it is Storybook Homes, LLC 401(k) Plan in NV (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 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 Monarch Knitting Machinery Corporation 401(k) Plan assets move in 2022?
Monarch Knitting Machinery Corporation 401(k) Plan pulled back noticeably - down 10.4% during 2022, from $6M to $5M. Reported net income was -$608K.
How have Monarch Knitting Machinery Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Monarch Knitting Machinery Corporation's sponsor-wide assets declined 7.7%, from $5M to $5M.
Which 401(k) plans are similar in size to Monarch Knitting Machinery Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Millar, Inc. 401(k) Plan in TX ($5M, 99 participants).
Which 401(k) plans cover a similar participant headcount to Monarch Knitting Machinery Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Storybook Homes, LLC 401(k) Plan in NV (24 participants, N/A in assets).