401(k) · DOL Form 5500 · 2023

Megalodon Midco, LLC 401(k) Plan

Data updated 2026-08-11

$145M
Total assets
1,386
Participants
93rd
Percentile by assets
$104,855
Avg per participant
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Official DOL plan name: Non-Union Employees 401(k) Plan · Sponsored by Megalodon Midco, LLC · Michigan · Manufacturing

$145M in assets, 1,386 participants

Megalodon Midco, LLC's Non-Union Employees 401(k) Plan reported $145M in total assets and 1,386 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,832 in Manufacturing (18,722 peers)

Coverage in Michigan

Non-Union Employees 401(k) Plan covers 1,386 participants in Michigan, 2.2x the typical Michigan plan (state average ~638 per filing). Assets: $145M.

$145M
total plan assets (2023 EOY)
1,386
covered participants
93rd
percentile by assets (of 127,072 plans)
$104,855
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Non-Union Employees 401(k) Plan sits by total assets

Non-Union Employees 401(k) Plan vs every filed plan by assets

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

$145,328,796 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Non-Union Employees 401(k) Plan reports 1,386 participants - 2.2x that state average ($145M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$148M
Net Assets (End of Year)$145M
Net Income-$3M
Employer EIN873643212
Plan Effective Date1988-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Megalodon Midco, LLC)

$145M$146M$146M$147M$147M 20232024 $147M $146M ▼ -0.8%
Total plan assets by year, all Megalodon Midco, LLC plans on file
Year Plans Participants Total Assets
2023 2 1,473 $147M
2024 1 839 $146M

Nearby 401(k) Plans in Michigan

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

Non-Union Employees 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Non-Union Employees …, Total assets ($B): 0.145328796 · Participants: 1386Non-Union Employees …General Motors Retir…, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Com…The General Motors P…, Total assets ($B): 8.580684909 · Participants: 40393The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-E…
Non-Union Employees 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Non-Union Employees 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Non-Union Employees 401(k) Plan assets move in 2023?
Non-Union Employees 401(k) Plan edged down modestly - down 2.1% during 2023, from $148M to $145M. Reported net income was -$3M.
How have Megalodon Midco, LLC plan assets changed over time?
Across 2 plan years on file (2023-2024), Megalodon Midco, LLC's sponsor-wide assets declined 0.8%, from $147M to $146M.
Where does Non-Union Employees 401(k) Plan rank by assets among Form 5500 filers?
Non-Union Employees 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Non-Union Employees 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Clearing House Incentive Account Plan in NY ($145M, 469 participants).

Next read for Non-Union Employees 401(k) Plan

Filing takeaways

Ways to act on Non-Union Employees 401(k) Plan's numbers.