401(k)
2022 plan-year 401(k) DOL Form 5500

Mckim & Creed, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Mckim & Creed, Inc. ยท North Carolina ยท Professional & Technical Services

What the 2023 filing shows

Mckim & Creed, Inc. 401(k) Plan holds $35M for 669 participants - about $51,660 per participant, down 19.3% over the 2022 plan year.

$35M
total plan assets (2022 EOY)
669
covered participants
$51,660
avg assets per participant
-19.3%
assets change YoY

The plan reported a net loss of $8M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$35M
Participants
669
Industry
Professional & Technical Services

What the Filing Says About Mckim & Creed, Inc. 401(k) Plan

Mckim & Creed, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Mckim & Creed, Inc., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 669 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 562136769, and the plan has been effective since 1981-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $43M at the beginning of 2022 to $35M at year-end โ€” a decline of 19.3%. Net assets (after liabilities) closed the year at $35M, with reported net income of $-8,257,123 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$43M
Total Assets (End of Year)$35M
Net Assets (End of Year)$35M
Net Income$-8,257,123
Plan Type401(k)
Employer EIN562136769
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mckim & Creed, Inc.)

Year Plans Participants Total Assets
2022 2 1,459 $106M
2023 2 1,643 $128M
2024 2 1,771 $153M

Nearby 401(k) Plans in North Carolina

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Frequently Asked Questions

How much money is in the Mckim & Creed, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Mckim & Creed, Inc. 401(k) Plan holds $35M in total assets with 669 participants. It is sponsored by Mckim & Creed, Inc..
What type of plan is Mckim & Creed, Inc. 401(k) Plan?
Mckim & Creed, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1981-01-01. The plan is filed with the U.S. Department of Labor under EIN 562136769.
Who sponsors the Mckim & Creed, Inc. 401(k) Plan?
Mckim & Creed, Inc. 401(k) Plan is sponsored by Mckim & Creed, Inc., located in North Carolina. The sponsor's EIN is 562136769 and the plan operates in the Professional & Technical Services industry.
How did Mckim & Creed, Inc. 401(k) Plan perform in 2022?
Mckim & Creed, Inc. 401(k) Plan declined by 19.3% during 2022, moving from $43M to $35M in total assets. Net income was $-8,257,123.
Where can I find official filings for Mckim & Creed, Inc. 401(k) Plan?
Official Form 5500 filings for Mckim & Creed, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 562136769 or plan name at efast.dol.gov.
How does Mckim & Creed, Inc. 401(k) Plan compare to other plans?
You can compare Mckim & Creed, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 562136769.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.