401(k) · DOL Form 5500 · 2023

Motor Parts and Equipment Corp 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
1,066
Participants Near avg headcount
62nd
Percentile by assets National rank
$11,166
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust · Sponsored by Motor Parts and Equipment Corp · Illinois · Retail Trade

$12M in assets, 1,066 participants

Motor Parts and Equipment Corp's Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust reported $12M in total assets and 1,066 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #6,162 in Retail Trade (8,414 peers)

Motor Parts and Equipment Corp multi-year trail

Motor Parts and Equipment Corp's plans moved +46.4% in assets from 2022 to 2024; this filing shows Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust at $12M / 1,066 participants.

#6,162
in Retail Trade (8,414 peers)
+33.9%
assets growth YoY

Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Retail Trade and all filers

Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$11,903,262 Top 38% higher than 62% 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

Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust lands in the large band (1,066 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust reported participants rose from 592 in the plan year 2022 filing to 1,066 in the plan year 2023 filing.
  • Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $9M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 361508055 · Motor Parts and Equipment Corp PY 2023 · 401(k)

Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust · $12M · 1,066 · 62nd

  • TYPE $12M
  • NET 1,066
  • BOOK 62nd
  • VS-ST 401(k)
  • BOY near Control Concepts, Inc. Retirement Plan
  • SCH ind #6162

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 Retail Trade retirement plans → · Plans in Illinois →

Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & TrustMotor Parts and Equipment Co…$12MControl Concepts, Inc. Retirement PlanControl Concepts, Inc. Retir…$12MWestlake Dermatology 401(k) Profit Sharing PlanWestlake Dermatology 401(k) …$12MPhysicians' Practice Enhancement, LLC 401(k) Profit Sharing PlanPhysicians' Practice Enhance…$12MStandard Fusee Corporation 401(k) Retirement PlanStandard Fusee Corporation 4…$12M
End-of-year total assets ($M) among Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Motor Parts and Equipment Corp multi-year asset trail

Sponsor-wide plan assets over time

All Motor Parts and Equipment Corp plans reported in each filing year

Latest sponsor-wide plan assets
$13M 46.38771127238469% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $8.89M $13M ▲ +46.5%
Year Plans Participants Total Assets
2022 1 592 $9M
2023 1 1,066 $12M
2024 2 2,731 $13M

Motor Parts and Equipment Corp filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN361508055
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.011903262 · Participants: 1066Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & TrustAccenture 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
Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Illinois, assets vs. participants

Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Control Concepts, Inc. Retirement Plan in MN ($12M); by covered participants it is Passavant Memorial Homes Union Employees 401(k) Plan in PA (1,066 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,066 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 Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust assets move in 2023?
Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust surged - up 33.9% during 2023, from $9M to $12M. Reported net income was $3M.
How have Motor Parts and Equipment Corp plan assets changed over time?
Across 3 plan years on file (2022-2024), Motor Parts and Equipment Corp's sponsor-wide assets grew 46.4%, from $9M to $13M.
Which 401(k) plans are similar in size to Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Control Concepts, Inc. Retirement Plan in MN ($12M, 65 participants).
Which 401(k) plans cover a similar participant headcount to Motor Parts and Equipment Corp 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Passavant Memorial Homes Union Employees 401(k) Plan in PA (1,066 participants, $4M in assets).