401(k) · DOL Form 5500 · 2022

Mccombs Steel Company, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
96
Participants Small participant base
52nd
Percentile by assets National rank
$55,339
Avg per participant Low balance/head
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Official DOL plan name: Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Mccombs Steel Company, Inc. · North Carolina · Manufacturing

$5M in assets, 96 participants

Mccombs Steel Company, Inc.'s Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan reported $5M in total assets and 96 participants in its 2022 DOL Form 5500 filing, ranking in the 52nd 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.

  • #7,357 in Manufacturing (20,602 peers)

Mccombs Steel Company, Inc. multi-year trail

Mccombs Steel Company, Inc.'s plans moved +37.1% in assets from 2022 to 2024; this filing shows Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan at $5M / 96 participants.

#7,357
in Manufacturing (20,602 peers)
-26.5%
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.

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$5,312,587 Top 48% higher than 52% 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

Mccombs Steel Company, Inc. 401(k) Profit Sharing 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. Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan is a small filing (96 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 561451250 · Mccombs Steel Company, Inc. PY 2022 · 401(k)

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan · $5M · 96 · 52nd

  • RANK $5M
  • RANK 96
  • RANK 52nd
  • RANK 401(k)
  • RANK near David & Margaret Home. Inc. 401(k) Retirement Plan
  • RANK ind #7357

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 →

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Mccombs Steel Company, Inc. 401(k) Profit Sharing PlanMccombs Steel Company, Inc. …$5MDavid & Margaret Home. Inc. 401(k) Retirement PlanDavid & Margaret Home. Inc. …$5MPrecision Electronic Glass, Inc. 401(k) Profit Sharing PlanPrecision Electronic Glass, …$5MMerritt Woodwork 401(k) Profit Sharing PlanMerritt Woodwork 401(k) Prof…$5MBrainscope Company, Inc. 401(k) Retirement PlanBrainscope Company, Inc. 401…$5M
End-of-year total assets ($M) among Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Mccombs Steel Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mccombs Steel Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 37.10448412421293% vs 2022
2024 filing year
$5M$6M$7M$8M 202220232024 $5.31M $7.28M ▲ +37.1%
Year Plans Participants Total Assets
2022 1 96 $5M
2023 1 107 $6M
2024 1 100 $7M

Mccombs Steel Company, Inc. filing trail (2022)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$2M
Employer EIN561451250
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.005312587 · Participants: 96Mccombs Steel Company, Inc. 401(k) Profit Sharing 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
Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is David & Margaret Home. Inc. 401(k) Retirement Plan in CA ($5M); by covered participants it is Educate, Inc. 401(k) Retirement Savings Plan in MD (96 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (96 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 Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan declined sharply - down 26.5% during 2022, from $7M to $5M. Reported net income was -$2M.
How have Mccombs Steel Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mccombs Steel Company, Inc.'s sponsor-wide assets grew 37.1%, from $5M to $7M.
Which 401(k) plans are similar in size to Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is David & Margaret Home. Inc. 401(k) Retirement Plan in CA ($5M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Educate, Inc. 401(k) Retirement Savings Plan in MD (96 participants, N/A in assets).