401(k) · DOL Form 5500 · 2023

Montreat College 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
173
Participants Small participant base
56th
Percentile by assets National rank
$50,183
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Montreat College Retirement Plan · Sponsored by Montreat College · North Carolina · Educational Services

$9M in assets, 173 participants

Montreat College's Montreat College Retirement Plan reported $9M in total assets and 173 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.

  • #1,441 in Educational Services (3,735 peers)

Coverage in North Carolina

Montreat College Retirement Plan covers 173 participants in North Carolina, about 21% of the average North Carolina filer (state average ~819 per filing). Assets: $9M.

#1,441
in Educational Services (3,735 peers)
+13.9%
assets growth YoY

Montreat College Retirement Plan's mid-pack asset rank among Educational Services and all filers

Montreat College Retirement Plan vs every filed plan by assets

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

$8,681,586 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

Montreat College Retirement 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. Montreat College Retirement Plan sits mid-pack in the medium band (173 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Montreat College Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Montreat College Retirement Plan reported participants rose from 143 in the plan year 2022 filing to 173 in the plan year 2023 filing.
  • Montreat College Retirement 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 →

Plan-year Form 5500 strip

Filing strip 560543261 · Montreat College PY 2023 · 401(k)

Montreat College Retirement Plan · $9M · 173 · 56th

  • PHOTO $9M
  • PHOTO 173
  • PHOTO 56th
  • PHOTO 401(k)
  • PHOTO near Budd Van Lines, Inc. Savings and Retirement Plan
  • PHOTO ind #1441

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 Educational Services retirement plans → · Plans in North Carolina →

Montreat College Retirement Plan in the asset neighbourhood

Montreat College Retirement PlanMontreat College Retirement …$9MBudd Van Lines, Inc. Savings and Retirement PlanBudd Van Lines, Inc. Savings…$9MTax Deferred Annuity Plan for Employees of Welllife Network Inc.Tax Deferred Annuity Plan fo…$9MNew Jersey's Finest Bagels, LLC Pension PlanNew Jersey's Finest Bagels, …$9MCarroll Management Group, LLC 401(k) Retirement PlanCarroll Management Group, LL…$9M
End-of-year total assets ($M) among Montreat College Retirement 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 EIN560543261
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Montreat College)

Sponsor-wide plan assets over time

All Montreat College plans reported in each filing year

Latest sponsor-wide plan assets
$10M 26.706885693292747% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.62M $9.66M ▲ +26.8%
Year Plans Participants Total Assets
2022 1 143 $8M
2023 1 173 $9M
2024 1 198 $10M

Nearby 401(k) Plans in North Carolina

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

Montreat College Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Montreat College Retirement Plan, Total assets ($B): 0.008681586 · Participants: 173Montreat College Retirement 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
Montreat College Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Montreat College Retirement Plan side-by-side with 3 peers →

Montreat College Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Budd Van Lines, Inc. Savings and Retirement Plan in NJ ($9M); by covered participants it is Ace Fix-It Hardware 401(k) Plan in PA (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Montreat College Retirement Plan assets move in 2023? ▼
Montreat College Retirement Plan grew at a solid clip - up 13.9% during 2023, from $8M to $9M. Reported net income was $1M.
How have Montreat College plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Montreat College's sponsor-wide assets grew 26.7%, from $8M to $10M.
Which 401(k) plans are similar in size to Montreat College Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Budd Van Lines, Inc. Savings and Retirement Plan in NJ ($9M, 222 participants).
Which 401(k) plans cover a similar participant headcount to Montreat College Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ace Fix-It Hardware 401(k) Plan in PA (173 participants, N/A 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 560543261.

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.