401(k) · DOL Form 5500 · 2022

Midrex Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
161
Participants Small participant base
87th
Percentile by assets National rank
$293,245
Avg per participant High balance/head
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Official DOL plan name: Midrex 401(k) Plan · Sponsored by Midrex Technologies, Inc. · North Carolina · Professional & Technical Services

$47M in assets, 161 participants

Midrex Technologies, Inc.'s Midrex 401(k) Plan reported $47M in total assets and 161 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #19,078 in Professional & Technical Services (21,562 peers)

Coverage in North Carolina

Midrex 401(k) Plan covers 161 participants in North Carolina, about 20% of the average North Carolina filer (state average ~819 per filing). Assets: $47M.

#19,078
in Professional & Technical Services (21,562 peers)
-17.7%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midrex 401(k) Plan's outsized position by total assets

Midrex 401(k) Plan vs every filed plan by assets

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

$47,212,417 Top 13% higher than 87% 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

Midrex 401(k) Plan 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. Midrex 401(k) Plan sits mid-pack in the medium band (161 participants).

Published 5500 schedule card

Filing strip 521791274 · Midrex Technologies, Inc. PY 2022 · 401(k)

Midrex 401(k) Plan · $47M · 161 · 87th

  • 5500 $47M
  • ASSETS 161
  • PCT 87th
  • EIN 401(k)
  • RANK near Superior Air-Ground Ambulance Service, Inc. Profit Sharing 401(k) Plan
  • PHOTO ind #19078

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 North Carolina →

Midrex 401(k) Plan in the asset neighbourhood

Hal Leonard LLC Deferred Compensation Profit Sharing PlanHal Leonard LLC Deferred Com…$47MMidrex 401(k) Plan$47MSuperior Air-Ground Ambulance Service, Inc. Profit Sharing 401(k) PlanSuperior Air-Ground Ambulanc…$47MExco Resources, Inc. 401(k) PlanExco Resources, Inc. 401(k) …$47MCogent Communications, Inc. 401(k) PlanCogent Communications, Inc. …$47M
End-of-year total assets ($M) among Midrex 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$47M
Net Income-$10M
Employer EIN521791274
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midrex Technologies, Inc.)

Sponsor-wide plan assets over time

All Midrex Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60M 26.8504215744769% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $47.2M $59.9M ▲ +26.9%
Year Plans Participants Total Assets
2022 1 161 $47M
2023 1 158 $57M
2024 1 194 $60M

Nearby 401(k) Plans in North Carolina

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

Midrex 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Midrex 401(k) Plan, Total assets ($B): 0.047212417 · Participants: 161Midrex 401(k) PlanThe 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
Midrex 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Midrex 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Superior Air-Ground Ambulance Service, Inc. Profit Sharing 401(k) Plan in IL ($47M); by covered participants it is Bartley Healthcare, Inc. 401(k) Plan in NJ (161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (161 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 Midrex 401(k) Plan assets move in 2022?
Midrex 401(k) Plan declined sharply - down 17.7% during 2022, from $57M to $47M. Reported net income was -$10M.
How have Midrex Technologies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Midrex Technologies, Inc.'s sponsor-wide assets grew 26.9%, from $47M to $60M.
Where does Midrex 401(k) Plan rank by assets among Form 5500 filers?
Midrex 401(k) Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Midrex 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Superior Air-Ground Ambulance Service, Inc. Profit Sharing 401(k) Plan in IL ($47M, 3,585 participants).
Which 401(k) plans cover a similar participant headcount to Midrex 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bartley Healthcare, Inc. 401(k) Plan in NJ (161 participants, N/A in assets).