401(k) · DOL Form 5500 · 2023

Mcmichael Mills, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
264
Participants Below avg headcount
56th
Percentile by assets National rank
$34,369
Avg per participant Low balance/head
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Official DOL plan name: Mcmichael Mills, Inc. 401(k) Savings Plan · Sponsored by Mcmichael Mills, Inc. · North Carolina · Manufacturing

$9M in assets, 264 participants

Mcmichael Mills, Inc.'s Mcmichael Mills, Inc. 401(k) Savings Plan reported $9M in total assets and 264 participants in its 2023 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.

  • #7,895 in Manufacturing (18,722 peers)

Coverage in North Carolina

Mcmichael Mills, Inc. 401(k) Savings Plan covers 264 participants in North Carolina, about 32% of the average North Carolina filer (state average ~819 per filing). Assets: $9M.

#7,895
in Manufacturing (18,722 peers)
+15.5%
assets growth YoY

Mcmichael Mills, Inc. 401(k) Savings Plan's mid-pack asset rank among Manufacturing and all filers

Mcmichael Mills, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,073,527 Top 44% higher than 56% of 127,068 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 2023

Mcmichael Mills, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcmichael Mills, Inc. 401(k) Savings Plan sits mid-pack in the medium band (264 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcmichael Mills, Inc. 401(k) Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Mcmichael Mills, Inc. 401(k) Savings Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561833391 · Mcmichael Mills, Inc. PY 2023 · 401(k)

Mcmichael Mills, Inc. 401(k) Savings Plan · $9M · 264 · 56th

  • 5500 $9M
  • 5500 264
  • 5500 56th
  • 5500 401(k)
  • 5500 near Jewel-Craft, Inc. Profit Sharing Plan
  • 5500 ind #7895

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 →

Mcmichael Mills, Inc. 401(k) Savings Plan in the asset neighbourhood

Mcmichael Mills, Inc. 401(k) Savings PlanMcmichael Mills, Inc. 401(k)…$9MJewel-Craft, Inc. Profit Sharing PlanJewel-Craft, Inc. Profit Sha…$9MThe Bartley Corporation Savings PlanThe Bartley Corporation Savi…$9MUnity Medical Center 401(k) Profit Sharing PlanUnity Medical Center 401(k) …$9MNaehas Inc 401(k) Profit Sharing Plan & TrustNaehas Inc 401(k) Profit Sha…$9M
End-of-year total assets ($M) among Mcmichael Mills, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN561833391
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcmichael Mills, Inc.)

Sponsor-wide plan assets over time

All Mcmichael Mills, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 0.9765246170035019% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M 202220232024 $7.86M $7.93M ▲ +0.9%
Year Plans Participants Total Assets
2022 1 263 $8M
2023 1 264 $9M
2024 1 269 $8M

Nearby 401(k) Plans in North Carolina

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

Mcmichael Mills, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Mcmichael Mills, Inc. 401(k) Savings Plan, Total assets ($B): 0.009073527 · Participants: 264Mcmichael Mills, Inc. 401(k) Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Mcmichael Mills, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Mcmichael Mills, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Jewel-Craft, Inc. Profit Sharing Plan in KY ($9M); by covered participants it is Rocky Mountain Ser/Jobs for Progress Employee Retirement Plan in CO (264 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (264 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mcmichael Mills, Inc. 401(k) Savings Plan assets move in 2023?
Mcmichael Mills, Inc. 401(k) Savings Plan grew sharply - up 15.5% during 2023, from $8M to $9M. Reported net income was $1M.
How have Mcmichael Mills, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcmichael Mills, Inc.'s sponsor-wide assets grew 1.0%, from $8M to $8M.
Which 401(k) plans are similar in size to Mcmichael Mills, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Jewel-Craft, Inc. Profit Sharing Plan in KY ($9M, 190 participants).
Which 401(k) plans cover a similar participant headcount to Mcmichael Mills, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Rocky Mountain Ser/Jobs for Progress Employee Retirement Plan in CO (264 participants, $4M in assets).