401(k) · DOL Form 5500 · 2022
Micron Precision, LLC 401(k) Plan
Data updated 2026-08-25
- $9M
- Total assets Small plan by assets
- 206
- Participants Below avg headcount
- 62nd
- Percentile by assets National rank
- $43,013
- Avg per participant Low balance/head
Official DOL plan name: King Machine of Charlotte 401(k) Plan · Sponsored by Micron Precision, LLC · North Carolina · Construction
$9M in assets, 206 participants
Micron Precision, LLC's King Machine of Charlotte 401(k) Plan reported $9M in total assets and 206 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.
- #6,169 in Construction (9,927 peers)
Coverage in North Carolina
King Machine of Charlotte 401(k) Plan covers 206 participants in North Carolina, about 25% of the average North Carolina filer (state average ~819 per filing). Assets: $9M.
- #6,169
- in Construction (9,927 peers)
- -21.3%
- assets change YoY
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
King Machine of Charlotte 401(k) Plan's mid-pack asset rank among Construction and all filers
King Machine of Charlotte 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$8,860,581 Top 38% higher than 62% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
King Machine of Charlotte 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. King Machine of Charlotte 401(k) Plan sits mid-pack in the medium band (206 participants).
Form 5500 schedule snapshot
Filing strip 561892737 · Micron Precision, LLC PY 2022 · 401(k)
King Machine of Charlotte 401(k) Plan · $9M · 206 · 62nd
- 5500 $9M
- 5500 206
- 5500 62nd
- 5500 401(k)
- 5500 near Sowash Practices 401(k) Plan
- 5500 ind #6169
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 Construction retirement plans → · Plans in North Carolina →
King Machine of Charlotte 401(k) Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | -$2M |
| Employer EIN | 561892737 |
| Plan Effective Date | 1998-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Micron Precision, LLC)
Sponsor-wide plan assets over time
All Micron Precision, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $11M 18.660085608381664% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 206 | $9M |
| 2023 | 1 | 186 | $10M |
| 2024 | 1 | 193 | $11M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
King Machine of Charlotte 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Sowash Practices 401(k) Plan in TX ($9M); by covered participants it is Westrec Properties, Inc. & Affiliated Companies 401(k) Plan in CA (206 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($9M here).
- Sowash Practices 401(k) Plan (TX) $9M · 302
- Sowash Practices 401(k) Plan (TX) $9M · 293
- Glenn Thurman, Inc. 401(k) Profit Sharing Plan (TX) $9M · 241
- Marketresearch.Com, Inc. 401(k) Plan (MD) $9M · 81
Similar participant headcount
Nearest other-state filings by covered participants (206 participants); asset peers above are excluded.
- Westrec Properties, Inc. & Affiliated Companies 401(k) Plan (CA) 206 · 0 off
- Austin Gastroenterology, P.a. 401(k) Profit Sharing Plan (TX) 206 · 0 off
- American Linehaul Corporation 401(k) Profit Sharing Plan & Trust (NJ) 206 · 0 off
- American Linehaul Corporation 401(k) Profit Sharing Plan & Trust (NJ) 206 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.