401(k) · DOL Form 5500 · 2022

Material Handling Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
39
Participants Small participant base
52nd
Percentile by assets National rank
$140,918
Avg per participant Near avg balance/head
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Official DOL plan name: Material Handling Technologies, Inc. 401(k) Plan · Sponsored by Material Handling Technologies, Inc. · North Carolina · Manufacturing

$5M in assets, 39 participants

Material Handling Technologies, Inc.'s Material Handling Technologies, Inc. 401(k) Plan reported $5M in total assets and 39 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.

  • #7,541 in Manufacturing (20,602 peers)

Material Handling Technologies, Inc. multi-year trail

Material Handling Technologies, Inc.'s plans moved +15.3% in assets from 2022 to 2024; this filing shows Material Handling Technologies, Inc. 401(k) Plan at $5M / 39 participants.

#7,541
in Manufacturing (20,602 peers)
-8.8%
assets change YoY

The plan reported a net loss of $530K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Material Handling Technologies, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Material Handling Technologies, Inc. 401(k) Plan vs every filed plan by assets

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

$5,495,788 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

Material Handling Technologies, Inc. 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. Material Handling Technologies, Inc. 401(k) Plan is a small filing (39 participants) on this national headcount ladder.

DOL schedule card

Filing strip 561774920 · Material Handling Technologies, Inc. PY 2022 · 401(k)

Material Handling Technologies, Inc. 401(k) Plan · $5M · 39 · 52nd

  • NET $5M
  • NET 39
  • NET 52nd
  • NET 401(k)
  • NET near Ellis, Painter, Ratterree & Adams, LLP 401(k) Plan
  • NET ind #7541

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 →

Material Handling Technologies, Inc. 401(k) Plan in the asset neighbourhood

Material Handling Technologies, Inc. 401(k) PlanMaterial Handling Technologi…$5MEllis, Painter, Ratterree & Adams, LLP 401(k) PlanEllis, Painter, Ratterree & …$5MWhip Media Group 401(k) Plan$5MRocket Lawyer 401(k) Plan$5MHelp Scout 401(k) Plan$5M
End-of-year total assets ($M) among Material Handling Technologies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Material Handling Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Material Handling Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 15.307431800498856% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.5M $6.34M ▲ +15.3%
Year Plans Participants Total Assets
2022 1 39 $5M
2023 1 44 $6M
2024 1 43 $6M

Material Handling Technologies, Inc. filing trail (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$530K
Employer EIN561774920
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Material Handling Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Material Handling Technologies, Inc. 401(k) Plan, Total assets ($B): 0.005495788 · Participants: 39Material Handling Technologies, Inc. 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
Material Handling Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Material Handling Technologies, Inc. 401(k) Plan side-by-side with 3 peers →

Material Handling Technologies, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ellis, Painter, Ratterree & Adams, LLP 401(k) Plan in GA ($5M); by covered participants it is Patton Electronics Company 401(k) Plan in MD (39 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (39 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 Material Handling Technologies, Inc. 401(k) Plan assets move in 2022? ▼
Material Handling Technologies, Inc. 401(k) Plan pulled back noticeably - down 8.8% during 2022, from $6M to $5M. Reported net income was -$530K.
How have Material Handling Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Material Handling Technologies, Inc.'s sponsor-wide assets grew 15.3%, from $5M to $6M.
Which 401(k) plans are similar in size to Material Handling Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ellis, Painter, Ratterree & Adams, LLP 401(k) Plan in GA ($5M, 29 participants).
Which 401(k) plans cover a similar participant headcount to Material Handling Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Patton Electronics Company 401(k) Plan in MD (39 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 561774920.

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.