401(k) · DOL Form 5500 · 2022

Material Handling Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$97M
Total assets Below avg plan size
2,298
Participants Above avg headcount
93rd
Percentile by assets National rank
$42,315
Avg per participant Low balance/head
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Official DOL plan name: Material Handling Systems, Inc. 401(k) Profit Sharing Plan · Sponsored by Material Handling Systems, Inc. · Kentucky · Professional & Technical Services

$97M in assets, 2,298 participants

Material Handling Systems, Inc.'s Material Handling Systems, Inc. 401(k) Profit Sharing Plan reported $97M in total assets and 2,298 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #20,198 in Professional & Technical Services (21,562 peers)

Coverage in Kentucky

Material Handling Systems, Inc. 401(k) Profit Sharing Plan covers 2,298 participants in Kentucky, 3.6x the typical Kentucky plan (state average ~647 per filing). Assets: $97M.

#20,198
in Professional & Technical Services (21,562 peers)
+2.6%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Material Handling Systems, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

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

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

$97,240,213 Top 7% higher than 93% 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 Systems, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Material Handling Systems, Inc. 401(k) Profit Sharing Plan lands in the large band (2,298 participants).

EBSA filing schedule strip

Filing strip 611350369 · Material Handling Systems, Inc. PY 2022 · 401(k)

Material Handling Systems, Inc. 401(k) Profit Sharing Plan · $97M · 2,298 · 93rd

  • SCH $97M
  • EBSA 2,298
  • PART 93rd
  • TYPE 401(k)
  • NET near Immucor, Inc. 401(k) Savings Plan
  • BOOK ind #20198

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 Professional & Technical Services retirement plans → · Plans in Kentucky →

Material Handling Systems, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

The Walman Optical Company 401(k) PlanThe Walman Optical Company 4…$97MOhio National Life Insurance Co 401(k) Pension Plan for EmployeesOhio National Life Insurance…$97MMaterial Handling Systems, Inc. 401(k) Profit Sharing PlanMaterial Handling Systems, I…$97MImmucor, Inc. 401(k) Savings PlanImmucor, Inc. 401(k) Savings…$97MSophos, Inc 401(k) Savings PlanSophos, Inc 401(k) Savings P…$97M
End-of-year total assets ($M) among Material Handling Systems, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Kentucky filing particulars

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$97M
Net Income$2M
Employer EIN611350369
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Material Handling Systems, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$148M 52.20825565242232% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $97.2M $148M ▲ +52.2%
Year Plans Participants Total Assets
2022 1 2,298 $97M
2023 1 2,275 $147M
2024 1 1,783 $148M

Nearby 401(k) Plans in Kentucky

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

Material Handling Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants Material Handling Systems, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.097240213 · Participants: 2298Material Handling Systems, Inc. 401(k) Profit Sharing PlanHumana Retirement Savings Plan, Total assets ($B): 6.44425797 · Participants: 44930Humana Retirement Savings PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 6.066519058 · Participants: 85671Commonspirit Health 401(k) Retirement Savings PlanUPS/Ipa 401 (K) Savings Plan, Total assets ($B): 1.16367227 · Participants: 2992UPS/Ipa 401 (K) Savings PlanLexmark Savings Plan, Total assets ($B): 1.059618486 · Participants: 1811Lexmark Savings PlanKindred 401 (K) Plan, Total assets ($B): 0.969290029 · Participants: 22132Kindred 401 (K) Plan
Material Handling Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Material Handling Systems, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest 401(k) by assets is Immucor, Inc. 401(k) Savings Plan in GA ($97M); by covered participants it is Von Maur 401(k) Retirement Plan in IA (2,298 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,298 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 Systems, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Material Handling Systems, Inc. 401(k) Profit Sharing Plan edged up modestly - up 2.6% during 2022, from $95M to $97M. Reported net income was $2M.
How have Material Handling Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Material Handling Systems, Inc.'s sponsor-wide assets grew 52.2%, from $97M to $148M.
Where does Material Handling Systems, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Material Handling Systems, Inc. 401(k) Profit Sharing Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Material Handling Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Immucor, Inc. 401(k) Savings Plan in GA ($97M, 661 participants).
Which 401(k) plans cover a similar participant headcount to Material Handling Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Von Maur 401(k) Retirement Plan in IA (2,298 participants, $86M 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 611350369.

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.