401(k) ยท DOL Form 5500 ยท 2022

Marcone Group 401(k) Plan

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

$18M
Total assets
275
Participants
60th
Percentile by assets

Sponsored by Marcone Group ยท South Carolina ยท Manufacturing

What the 2022 filing shows

Marcone Group 401(k) Plan holds $18M for 275 participants - about $63,747 per participant, above the median plan by assets, down 13.2% over the 2022 plan year.

$18M
total plan assets (2022 EOY)
275
covered participants
60th
percentile by assets (of 84,055 plans)
$63,747
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$18M
Participants
275
Industry
Manufacturing

What the Filing Says About Marcone Group 401(k) Plan

Marcone Group 401(k) Plan is a 401(k) retirement plan sponsored by Marcone Group, headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $18M in total end-of-year assets and covers 275 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 571073133, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2022 to $18M at year-end - a decline of 13.2%. Net assets (after liabilities) closed the year at $18M, with reported net income of $-2,672,182 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.

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, 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)$20M
Total Assets (End of Year)$18M
Net Assets (End of Year)$18M
Net Income$-2,672,182
Plan Type401(k)
Employer EIN571073133
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Marcone Group 401(k) Plan?
As of the 2022 Form 5500 filing, Marcone Group 401(k) Plan holds $18M in total assets with 275 participants. It is sponsored by Marcone Group.
What type of plan is Marcone Group 401(k) Plan?
Marcone Group 401(k) Plan is a 401(k) plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 571073133.
Who sponsors the Marcone Group 401(k) Plan?
Marcone Group 401(k) Plan is sponsored by Marcone Group, located in South Carolina. The sponsor's EIN is 571073133 and the plan operates in the Manufacturing industry.
How did Marcone Group 401(k) Plan perform in 2022?
Marcone Group 401(k) Plan declined by 13.2% during 2022, moving from $20M to $18M in total assets. Net income was $-2,672,182.
Where can I find official filings for Marcone Group 401(k) Plan?
Official Form 5500 filings for Marcone Group 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 571073133 or plan name at efast.dol.gov.
How does Marcone Group 401(k) Plan compare to other plans?
You can compare Marcone Group 401(k) Plan against other 401(k) plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

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) - original filing retrieval by EIN 571073133.

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

Reference: IRS Publication 590-B, 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.