401(k) · DOL Form 5500 · 2023

Material Control, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
369
Participants Below avg headcount
75th
Percentile by assets National rank
$63,270
Avg per participant Low balance/head
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Official DOL plan name: Material Control, Inc. 401(k) Plan · Sponsored by Material Control, Inc. · Illinois · Manufacturing

$23M in assets, 369 participants

Material Control, Inc.'s Material Control, Inc. 401(k) Plan reported $23M in total assets and 369 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #12,348 in Manufacturing (18,722 peers)

Coverage in Illinois

Material Control, Inc. 401(k) Plan covers 369 participants in Illinois, about 47% of the average Illinois filer (state average ~779 per filing). Assets: $23M.

#12,348
in Manufacturing (18,722 peers)
+9.2%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Material Control, Inc. 401(k) Plan's outsized position by total assets

Material Control, Inc. 401(k) Plan vs every filed plan by assets

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

$23,346,629 Top 25% higher than 75% 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

Material Control, Inc. 401(k) 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. Material Control, Inc. 401(k) Plan sits mid-pack in the medium band (369 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Material Control, Inc. 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Material Control, Inc. 401(k) Plan reported participants rose from 322 in the plan year 2022 filing to 369 in the plan year 2023 filing.
  • Material Control, Inc. 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $23M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 362644494 · Material Control, Inc. PY 2023 · 401(k)

Material Control, Inc. 401(k) Plan · $23M · 369 · 75th

  • TYPE $23M
  • TYPE 369
  • TYPE 75th
  • TYPE 401(k)
  • TYPE near Sight & Sound Ministries, Inc. Retirement Savings Plan
  • TYPE ind #12348

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 Illinois →

Material Control, Inc. 401(k) Plan in the asset neighbourhood

Material Control, Inc. 401(k) PlanMaterial Control, Inc. 401(k…$23MSight & Sound Ministries, Inc. Retirement Savings PlanSight & Sound Ministries, In…$23MBarbizon Company 401(k) Savings PlanBarbizon Company 401(k) Savi…$23MF.M. Howell & Company Part III Retirement Savings Plan 401(k)F.M. Howell & Company Part I…$23MBrechbuhler Scales, Inc. 401(k) Retirement Savings PlanBrechbuhler Scales, Inc. 401…$23M
End-of-year total assets ($M) among Material Control, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$2M
Employer EIN362644494
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Material Control, Inc.)

Sponsor-wide plan assets over time

All Material Control, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 24.05245475359449% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.4M $26.5M ▲ +24.1%
Year Plans Participants Total Assets
2022 1 322 $21M
2023 1 369 $23M
2024 1 389 $27M

Nearby 401(k) Plans in Illinois

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

Material Control, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Material Control, Inc. 401(k) Plan, Total assets ($B): 0.023346629 · Participants: 369Material Control, Inc. 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Material Control, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Material Control, Inc. 401(k) Plan side-by-side with 3 peers →

Material Control, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Sight & Sound Ministries, Inc. Retirement Savings Plan in PA ($23M); by covered participants it is Koroseal Interior Products Retirement Savings Plan and Trust in OH (369 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (369 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 Material Control, Inc. 401(k) Plan assets move in 2023? ▼
Material Control, Inc. 401(k) Plan grew at a solid clip - up 9.2% during 2023, from $21M to $23M. Reported net income was $2M.
How have Material Control, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Material Control, Inc.'s sponsor-wide assets grew 24.1%, from $21M to $27M.
Where does Material Control, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Material Control, Inc. 401(k) Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Material Control, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sight & Sound Ministries, Inc. Retirement Savings Plan in PA ($23M, 720 participants).
Which 401(k) plans cover a similar participant headcount to Material Control, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Koroseal Interior Products Retirement Savings Plan and Trust in OH (369 participants, $32M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 362644494.

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.