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

Mcmahon Transport Group, LLC Profit Sharing Plan & Trust

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

Sponsored by Mcmahon Transport Group, LLC Β· Illinois Β· Transportation & Warehousing

What the 2023 filing shows

Mcmahon Transport Group, LLC Profit Sharing Plan & Trust holds $128K for 72 participants - about $1,771 per participant, down 96.6% over the 2022 plan year.

$128K
total plan assets (2022 EOY)
72
covered participants
$1,771
avg assets per participant
-96.6%
assets change YoY

The plan reported a net loss of $80K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$128K
Participants
72
State
Industry
Transportation & Warehousing

What the Filing Says About Mcmahon Transport Group, LLC Profit Sharing Plan & Trust

Mcmahon Transport Group, LLC Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Mcmahon Transport Group, LLC, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $128K in total end-of-year assets and covers 72 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 264542080, and the plan has been effective since 1991-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $128K at year-end β€” a decline of 96.6%. Net assets (after liabilities) closed the year at $128K, with reported net income of $-80,169 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 β€” 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)$4M
Total Assets (End of Year)$128K
Net Assets (End of Year)$128K
Net Income$-80,169
Plan Type401(k)
Employer EIN264542080
Plan Effective Date1991-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Frequently Asked Questions

How much money is in the Mcmahon Transport Group, LLC Profit Sharing Plan & Trust?
As of the 2022 Form 5500 filing, Mcmahon Transport Group, LLC Profit Sharing Plan & Trust holds $128K in total assets with 72 participants. It is sponsored by Mcmahon Transport Group, LLC.
What type of plan is Mcmahon Transport Group, LLC Profit Sharing Plan & Trust?
Mcmahon Transport Group, LLC Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 1991-05-01. The plan is filed with the U.S. Department of Labor under EIN 264542080.
Who sponsors the Mcmahon Transport Group, LLC Profit Sharing Plan & Trust?
Mcmahon Transport Group, LLC Profit Sharing Plan & Trust is sponsored by Mcmahon Transport Group, LLC, located in Illinois. The sponsor's EIN is 264542080 and the plan operates in the Transportation & Warehousing industry.
How did Mcmahon Transport Group, LLC Profit Sharing Plan & Trust perform in 2022?
Mcmahon Transport Group, LLC Profit Sharing Plan & Trust declined by 96.6% during 2022, moving from $4M to $128K in total assets. Net income was $-80,169.
Where can I find official filings for Mcmahon Transport Group, LLC Profit Sharing Plan & Trust?
Official Form 5500 filings for Mcmahon Transport Group, LLC Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 264542080 or plan name at efast.dol.gov.
How does Mcmahon Transport Group, LLC Profit Sharing Plan & Trust compare to other plans?
You can compare Mcmahon Transport Group, LLC Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in Illinois 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) β€” original filing retrieval by EIN 264542080.

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

Reference: IRS Publication 590-B β€” 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.