401(k) · DOL Form 5500 · 2022

Mcgee Corporation 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
115
Participants Small participant base
56th
Percentile by assets National rank
$55,675
Avg per participant Low balance/head
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Official DOL plan name: Savings Plan for the Employees of Mcgee Corporation · Sponsored by Mcgee Corporation · North Carolina · Manufacturing

$6M in assets, 115 participants

Mcgee Corporation's Savings Plan for the Employees of Mcgee Corporation reported $6M in total assets and 115 participants in its 2022 DOL Form 5500 filing, ranking in the 56th 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.

  • #8,399 in Manufacturing (20,602 peers)

Coverage in North Carolina

Savings Plan for the Employees of Mcgee Corporation covers 115 participants in North Carolina, about 14% of the average North Carolina filer (state average ~819 per filing). Assets: $6M.

#8,399
in Manufacturing (20,602 peers)
-12.1%
assets change YoY

The plan reported a net loss of $880K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Savings Plan for the Employees of Mcgee Corporation's mid-pack asset rank among Manufacturing and all filers

Savings Plan for the Employees of Mcgee Corporation vs every filed plan by assets

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

$6,402,677 Top 44% higher than 56% 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

Savings Plan for the Employees of Mcgee Corporation 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. Savings Plan for the Employees of Mcgee Corporation sits mid-pack in the medium band (115 participants).

Plan-year Form 5500 strip

Filing strip 560505320 · Mcgee Corporation PY 2022 · 401(k)

Savings Plan for the Employees of Mcgee Corporation · $6M · 115 · 56th

  • BOY $6M
  • SCH 115
  • EBSA 56th
  • PART 401(k)
  • TYPE near Built in, Inc. Plan
  • NET ind #8399

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 Manufacturing retirement plans → · Plans in North Carolina →

Savings Plan for the Employees of Mcgee Corporation in the asset neighbourhood

Savings Plan for the Employees of Mcgee CorporationSavings Plan for the Employe…$6MBuilt in, Inc. Plan$6MGac Shipping (USA), Inc. 401(k) Savings PlanGac Shipping (USA), Inc. 401…$6MNexom (US), Inc. 401(k) Plan$6MWestview Nursing Care & Rehabilitation Center, Inc. Savings & Retirement PlanWestview Nursing Care & Reha…$6M
End-of-year total assets ($M) among Savings Plan for the Employees of Mcgee Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$880K
Employer EIN560505320
Plan Effective Date1993-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcgee Corporation)

Sponsor-wide plan assets over time

All Mcgee Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$8M 28.273751744778004% vs 2022
2024 filing year
$6M$7M$8M$9M 202220232024 $6.4M $8.21M ▲ +28.3%
Year Plans Participants Total Assets
2022 1 115 $6M
2023 1 121 $8M
2024 1 133 $8M

Nearby 401(k) Plans in North Carolina

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

Savings Plan for the Employees of Mcgee Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Savings Plan for the Employees of Mcgee Corporation, Total assets ($B): 0.006402677 · Participants: 115Savings Plan for the Employees of Mcgee CorporationThe 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
Savings Plan for the Employees of Mcgee Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Savings Plan for the Employees of Mcgee Corporation side-by-side with 3 peers →

Savings Plan for the Employees of Mcgee Corporation's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Built in, Inc. Plan in IL ($6M); by covered participants it is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Savings Plan for the Employees of Mcgee Corporation assets move in 2022? ▼
Savings Plan for the Employees of Mcgee Corporation pulled back noticeably - down 12.1% during 2022, from $7M to $6M. Reported net income was -$880K.
How have Mcgee Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcgee Corporation's sponsor-wide assets grew 28.3%, from $6M to $8M.
Which 401(k) plans are similar in size to Savings Plan for the Employees of Mcgee Corporation? ▼
Among 401(k) plans in other states, the closest by assets is Built in, Inc. Plan in IL ($6M, 168 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for the Employees of Mcgee Corporation? ▼
Among 401(k) plans in other states, the closest by covered participants is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants, N/A in assets).

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 560505320.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.