401(k) · DOL Form 5500 · 2022

The North Carolina Mutual Wholesale Drug Company, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
113
Participants Small participant base
77th
Percentile by assets National rank
$170,149
Avg per participant Above avg balance/head
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Official DOL plan name: Mutual Drug 401(k) Plan · Sponsored by The North Carolina Mutual Wholesale Drug Company, Inc. · North Carolina · Wholesale Trade

$19M in assets, 113 participants

The North Carolina Mutual Wholesale Drug Company, Inc.'s Mutual Drug 401(k) Plan reported $19M in total assets and 113 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,067 in Wholesale Trade (6,843 peers)

Coverage in North Carolina

Mutual Drug 401(k) Plan covers 113 participants in North Carolina, about 14% of the average North Carolina filer (state average ~819 per filing). Assets: $19M.

#5,067
in Wholesale Trade (6,843 peers)
-27.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mutual Drug 401(k) Plan's outsized position by total assets

Mutual Drug 401(k) Plan vs every filed plan by assets

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

$19,226,824 Top 23% higher than 77% 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

Mutual Drug 401(k) 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. Mutual Drug 401(k) Plan sits mid-pack in the medium band (113 participants).

Plan-year Form 5500 strip

Filing strip 560576951 · The North Carolina Mutual Wholesale Drug Company, Inc. PY 2022 · 401(k)

Mutual Drug 401(k) Plan · $19M · 113 · 77th

  • SCH $19M
  • SCH 113
  • SCH 77th
  • SCH 401(k)
  • SCH near Orthopaedic Associates, Inc. 401(k) Profit Sharing Plan
  • SCH ind #5067

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 →

Mutual Drug 401(k) Plan in the asset neighbourhood

Mutual Drug 401(k) Plan$19MOrthopaedic Associates, Inc. 401(k) Profit Sharing PlanOrthopaedic Associates, Inc.…$19MTilson Built Company 401(k) Profit Sharing PlanTilson Built Company 401(k) …$19MVt Mobile Aerospace Engineering, Inc. 401(k) PlanVt Mobile Aerospace Engineer…$19MOutset Medical 401(k) Plan$19M
End-of-year total assets ($M) among Mutual Drug 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$19M
Net Income-$7M
Employer EIN560576951
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The North Carolina Mutual Wholesale Drug Company, Inc.)

Sponsor-wide plan assets over time

All The North Carolina Mutual Wholesale Drug Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 17.880633847795142% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19.2M $22.7M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 113 $19M
2023 1 109 $21M
2024 1 99 $23M

Nearby 401(k) Plans in North Carolina

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

Mutual Drug 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Mutual Drug 401(k) Plan, Total assets ($B): 0.019226824 · Participants: 113Mutual Drug 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
Mutual Drug 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mutual Drug 401(k) Plan side-by-side with 3 peers →

Mutual Drug 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Orthopaedic Associates, Inc. 401(k) Profit Sharing Plan in IN ($19M); by covered participants it is Clinical Computer Systems, Inc. Employees' Profit Sharing 401(k) Plan in IL (113 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (113 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 Mutual Drug 401(k) Plan assets move in 2022? ▼
Mutual Drug 401(k) Plan declined sharply - down 27.5% during 2022, from $27M to $19M. Reported net income was -$7M.
How have The North Carolina Mutual Wholesale Drug Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The North Carolina Mutual Wholesale Drug Company, Inc.'s sponsor-wide assets grew 17.9%, from $19M to $23M.
Where does Mutual Drug 401(k) Plan rank by assets among Form 5500 filers? ▼
Mutual Drug 401(k) Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mutual Drug 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Orthopaedic Associates, Inc. 401(k) Profit Sharing Plan in IN ($19M, 126 participants).
Which 401(k) plans cover a similar participant headcount to Mutual Drug 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Clinical Computer Systems, Inc. Employees' Profit Sharing 401(k) Plan in IL (113 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 560576951.

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.