401(k) · DOL Form 5500 · 2023

M-B Industries Incorporated 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
78
Participants Small participant base
35th
Percentile by assets National rank
$35,563
Avg per participant Low balance/head
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Official DOL plan name: M-B Industries, Inc. 401(k) Plan · Sponsored by M-B Industries Incorporated · North Carolina · Manufacturing

$3M in assets, 78 participants

M-B Industries Incorporated's M-B Industries, Inc. 401(k) Plan reported $3M in total assets and 78 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,430 in Manufacturing (18,722 peers)

M-B Industries Incorporated multi-year trail

M-B Industries Incorporated's plans moved -39.2% in assets from 2022 to 2024; this filing shows M-B Industries, Inc. 401(k) Plan at $3M / 78 participants.

#3,430
in Manufacturing (18,722 peers)
-15.9%
assets change YoY

The plan reported a net loss of $523K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

M-B Industries, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

M-B Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$2,773,947 35th percentile higher than 35% 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

M-B Industries, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. M-B Industries, Inc. 401(k) Plan is a small filing (78 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • M-B Industries, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to -$523K in the plan year 2023 filing.
  • M-B Industries, Inc. 401(k) Plan end-of-year assets fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • M-B Industries, Inc. 401(k) Plan reported participants fell from 84 in the plan year 2022 filing to 78 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 210515635 · M-B Industries Incorporated PY 2023 · 401(k)

M-B Industries, Inc. 401(k) Plan · $3M · 78 · 35th

  • NET $3M
  • NET 78
  • NET 35th
  • NET 401(k)
  • NET near D'angelo International, LLC 401(k) Retirement Plan
  • NET ind #3430

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 →

M-B Industries, Inc. 401(k) Plan in the asset neighbourhood

M-B Industries, Inc. 401(k) PlanM-B Industries, Inc. 401(k) …$3MD'angelo International, LLC 401(k) Retirement PlanD'angelo International, LLC …$3MMkgcs LLC$3MTilting Point Media 401(k) Savings PlanTilting Point Media 401(k) S…$3MFriedwald Center 401(k) Plan$3M
End-of-year total assets ($M) among M-B Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

M-B Industries Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All M-B Industries Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$2M 39.19210052770737% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $3.3M $2M ▼ -39.4%
Year Plans Participants Total Assets
2022 1 84 $3M
2023 1 78 $3M
2024 1 65 $2M

M-B Industries Incorporated filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$523K
Employer EIN210515635
Plan Effective Date1963-03-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

M-B Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants M-B Industries, Inc. 401(k) Plan, Total assets ($B): 0.002773947 · Participants: 78M-B Industries, Inc. 401(k) 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
M-B Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare M-B Industries, Inc. 401(k) Plan side-by-side with 3 peers →

M-B Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is D'angelo International, LLC 401(k) Retirement Plan in WA ($3M); by covered participants it is Rasi 401(k) Plan in CO (78 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (78 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 M-B Industries, Inc. 401(k) Plan assets move in 2023? ▼
M-B Industries, Inc. 401(k) Plan declined sharply - down 15.9% during 2023, from $3M to $3M. Reported net income was -$523K.
How have M-B Industries Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), M-B Industries Incorporated's sponsor-wide assets declined 39.2%, from $3M to $2M.
Which 401(k) plans are similar in size to M-B Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is D'angelo International, LLC 401(k) Retirement Plan in WA ($3M, 4 participants).
Which 401(k) plans cover a similar participant headcount to M-B Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rasi 401(k) Plan in CO (78 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 210515635.

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.