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

Microtech Knives, Inc. 401(k) P/S Plan

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

Sponsored by Microtech Knives, Inc. ยท North Carolina ยท Wholesale Trade

What the 2023 filing shows

Microtech Knives, Inc. 401(k) P/S Plan holds $1M for 145 participants - about $8,579 per participant, up 31.0% over the 2022 plan year.

$1M
total plan assets (2022 EOY)
145
covered participants
$8,579
avg assets per participant
+31.0%
assets growth YoY
Total Assets (2023)
$1M
Participants
145
Industry
Wholesale Trade

What the Filing Says About Microtech Knives, Inc. 401(k) P/S Plan

Microtech Knives, Inc. 401(k) P/S Plan is a 401(k) retirement plan sponsored by Microtech Knives, Inc., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 145 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 202585549, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $950K at the beginning of 2022 to $1M at year-end โ€” a gain of 31.0%. Net assets (after liabilities) closed the year at $1M, with reported net income of $294K 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 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)$950K
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$294K
Plan Type401(k)
Employer EIN202585549
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Frequently Asked Questions

How much money is in the Microtech Knives, Inc. 401(k) P/S Plan?
As of the 2022 Form 5500 filing, Microtech Knives, Inc. 401(k) P/S Plan holds $1M in total assets with 145 participants. It is sponsored by Microtech Knives, Inc..
What type of plan is Microtech Knives, Inc. 401(k) P/S Plan?
Microtech Knives, Inc. 401(k) P/S Plan is a 401(k) plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 202585549.
Who sponsors the Microtech Knives, Inc. 401(k) P/S Plan?
Microtech Knives, Inc. 401(k) P/S Plan is sponsored by Microtech Knives, Inc., located in North Carolina. The sponsor's EIN is 202585549 and the plan operates in the Wholesale Trade industry.
How did Microtech Knives, Inc. 401(k) P/S Plan perform in 2022?
Microtech Knives, Inc. 401(k) P/S Plan grew by 31.0% during 2022, moving from $950K to $1M in total assets. Net income was $294K.
Where can I find official filings for Microtech Knives, Inc. 401(k) P/S Plan?
Official Form 5500 filings for Microtech Knives, Inc. 401(k) P/S Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 202585549 or plan name at efast.dol.gov.
How does Microtech Knives, Inc. 401(k) P/S Plan compare to other plans?
You can compare Microtech Knives, Inc. 401(k) P/S 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 202585549.

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.