401(k) · DOL Form 5500 · 2022

Monroe Hardware Company 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
101
Participants Small participant base
50th
Percentile by assets National rank
$48,911
Avg per participant Low balance/head
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Official DOL plan name: Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan · Sponsored by Monroe Hardware Company · North Carolina · Wholesale Trade

$5M in assets, 101 participants

Monroe Hardware Company's Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan reported $5M in total assets and 101 participants in its 2022 DOL Form 5500 filing, ranking in the 50th 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.

  • #2,616 in Wholesale Trade (6,843 peers)

Coverage in North Carolina

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan covers 101 participants in North Carolina, about 12% of the average North Carolina filer (state average ~819 per filing). Assets: $5M.

#2,616
in Wholesale Trade (6,843 peers)
-28.3%
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.

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan vs every filed plan by assets

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

$4,940,052 Top 50% higher than 50% 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

Monroe Hardware Company 401(k) Retirement and Profit Sharing 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. Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan sits mid-pack in the medium band (101 participants).

Form 5500 schedule snapshot

Filing strip 560325288 · Monroe Hardware Company PY 2022 · 401(k)

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan · $5M · 101 · 50th

  • EBSA $5M
  • PART 101
  • TYPE 50th
  • NET 401(k)
  • BOOK near Bpr/Rico Manufacturing Inc 401(k) Profit Sharing Plan
  • VS-ST ind #2616

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan in the asset neighbourhood

Monroe Hardware Company 401(k) Retirement and Profit Sharing PlanMonroe Hardware Company 401(…$5MBpr/Rico Manufacturing Inc 401(k) Profit Sharing PlanBpr/Rico Manufacturing Inc 4…$5MG & T Ortho 401(k) Plan and TrustG & T Ortho 401(k) Plan and …$5MThe Cleveland-Cliffs Steel Corporation Thrift PlanThe Cleveland-Cliffs Steel C…$5MSonas Home Health Care Group 401(k) and Profit Sharing TrustSonas Home Health Care Group…$5M
End-of-year total assets ($M) among Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$2M
Employer EIN560325288
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Monroe Hardware Company)

Sponsor-wide plan assets over time

All Monroe Hardware Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 24.259198081315745% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $4.94M $3.74M ▼ -24.3%
Year Plans Participants Total Assets
2022 1 101 $5M
2023 1 71 $5M
2024 1 93 $4M

Nearby 401(k) Plans in North Carolina

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

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan, Total assets ($B): 0.004940052 · Participants: 101Monroe Hardware Company 401(k) Retirement and 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
Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan side-by-side with 3 peers →

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Bpr/Rico Manufacturing Inc 401(k) Profit Sharing Plan in OH ($5M); by covered participants it is General Service Bureau and Early Out Services Employees Savings Plan in NE (101 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (101 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 Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan assets move in 2022? ▼
Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan declined sharply - down 28.3% during 2022, from $7M to $5M. Reported net income was -$2M.
How have Monroe Hardware Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Monroe Hardware Company's sponsor-wide assets declined 24.3%, from $5M to $4M.
Which 401(k) plans are similar in size to Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bpr/Rico Manufacturing Inc 401(k) Profit Sharing Plan in OH ($5M, 97 participants).
Which 401(k) plans cover a similar participant headcount to Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is General Service Bureau and Early Out Services Employees Savings Plan in NE (101 participants, N/A 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 560325288.

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.