401(k) · DOL Form 5500 · 2022

Mackay Communications, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
153
Participants Small participant base
69th
Percentile by assets National rank
$81,831
Avg per participant Below avg balance/head
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Official DOL plan name: Mackay Communications, Inc. Employee Retirement Savings Plan and Trust · Sponsored by Mackay Communications, Inc. · North Carolina · Wholesale Trade

$13M in assets, 153 participants

Mackay Communications, Inc.'s Mackay Communications, Inc. Employee Retirement Savings Plan and Trust reported $13M in total assets and 153 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,349 in Wholesale Trade (6,843 peers)

Coverage in North Carolina

Mackay Communications, Inc. Employee Retirement Savings Plan and Trust covers 153 participants in North Carolina, about 19% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

#4,349
in Wholesale Trade (6,843 peers)
-10.6%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mackay Communications, Inc. Employee Retirement Savings Plan and Trust's outsized position by total assets

Mackay Communications, Inc. Employee Retirement Savings Plan and Trust vs every filed plan by assets

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

$12,520,067 Top 31% higher than 69% 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

Mackay Communications, Inc. Employee Retirement Savings Plan and Trust 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. Mackay Communications, Inc. Employee Retirement Savings Plan and Trust sits mid-pack in the medium band (153 participants).

Plan-year Form 5500 strip

Filing strip 561550100 · Mackay Communications, Inc. PY 2022 · 401(k)

Mackay Communications, Inc. Employee Retirement Savings Plan and Trust · $13M · 153 · 69th

  • VS-ST $13M
  • VS-ST 153
  • VS-ST 69th
  • VS-ST 401(k)
  • VS-ST near Power Plant Management Services, LLC 401(k) Profit Sharing Plan
  • VS-ST ind #4349

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 →

Mackay Communications, Inc. Employee Retirement Savings Plan and Trust in the asset neighbourhood

Mackay Communications, Inc. Employee Retirement Savings Plan and TrustMackay Communications, Inc. …$13MPower Plant Management Services, LLC 401(k) Profit Sharing PlanPower Plant Management Servi…$13ME.G.O. North America, Inc. 401(k) Profit Sharing PlanE.G.O. North America, Inc. 4…$13MJci 401(k) Plan$13MAqua Engineers, Inc. 401(k) Profit Sharing PlanAqua Engineers, Inc. 401(k) …$13M
End-of-year total assets ($M) among Mackay Communications, Inc. Employee Retirement Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$13M
Net Income-$1M
Employer EIN561550100
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mackay Communications, Inc.)

Sponsor-wide plan assets over time

All Mackay Communications, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$49M 31.070466457643786% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37.5M $49.1M ▲ +31.1%
Year Plans Participants Total Assets
2022 2 288 $37M
2023 2 298 $42M
2024 2 320 $49M

Nearby 401(k) Plans in North Carolina

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

Mackay Communications, Inc. Employee Retirement Savings Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Mackay Communications, Inc. Employee Retirement Savings Plan and Trust, Total assets ($B): 0.012520067 · Participants: 153Mackay Communications, Inc. Employee Retirement Savings Plan and TrustThe 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
Mackay Communications, Inc. Employee Retirement Savings Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Mackay Communications, Inc. Employee Retirement Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Power Plant Management Services, LLC 401(k) Profit Sharing Plan in TX ($13M); by covered participants it is Btc Mobility, LLC 401(k) Retirement Plan in MA (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Mackay Communications, Inc. Employee Retirement Savings Plan and Trust assets move in 2022?
Mackay Communications, Inc. Employee Retirement Savings Plan and Trust pulled back noticeably - down 10.6% during 2022, from $14M to $13M. Reported net income was -$1M.
How have Mackay Communications, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mackay Communications, Inc.'s sponsor-wide assets grew 31.1%, from $37M to $49M.
Which 401(k) plans are similar in size to Mackay Communications, Inc. Employee Retirement Savings Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Power Plant Management Services, LLC 401(k) Profit Sharing Plan in TX ($13M, 34 participants).
Which 401(k) plans cover a similar participant headcount to Mackay Communications, Inc. Employee Retirement Savings Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Btc Mobility, LLC 401(k) Retirement Plan in MA (153 participants, N/A in assets).