401(k) · DOL Form 5500 · 2023

Material Handling Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
44
Participants Small participant base
49th
Percentile by assets National rank
$142,162
Avg per participant Near avg balance/head
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Official DOL plan name: Material Handling Technologies, Inc. 401(k) Plan · Sponsored by Material Handling Technologies, Inc. · North Carolina · Manufacturing

$6M in assets, 44 participants

Material Handling Technologies, Inc.'s Material Handling Technologies, Inc. 401(k) Plan reported $6M in total assets and 44 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.

  • #6,097 in Manufacturing (18,722 peers)

Material Handling Technologies, Inc. multi-year trail

Material Handling Technologies, Inc.'s plans moved +15.3% in assets from 2022 to 2024; this filing shows Material Handling Technologies, Inc. 401(k) Plan at $6M / 44 participants.

#6,097
in Manufacturing (18,722 peers)
+13.8%
assets growth YoY

Material Handling Technologies, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

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

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

$6,255,112 49th percentile higher than 49% 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 Handling Technologies, 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. Material Handling Technologies, Inc. 401(k) Plan is a small filing (44 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Material Handling Technologies, Inc. 401(k) Plan reported net income rose from -$530K in the plan year 2022 filing to $759K in the plan year 2023 filing.
  • Material Handling Technologies, Inc. 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Material Handling Technologies, Inc. 401(k) Plan reported participants rose from 39 in the plan year 2022 filing to 44 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 561774920 · Material Handling Technologies, Inc. PY 2023 · 401(k)

Material Handling Technologies, Inc. 401(k) Plan · $6M · 44 · 49th

  • EBSA $6M
  • PART 44
  • TYPE 49th
  • NET 401(k)
  • BOOK near Tri-Area Community Health 401(k) Safe Harbor Plan
  • VS-ST ind #6097

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 →

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

Material Handling Technologies, Inc. 401(k) PlanMaterial Handling Technologi…$6MTri-Area Community Health 401(k) Safe Harbor PlanTri-Area Community Health 40…$6MBahwan Cybertek Inc 401(k) Profit Sharing Plan & TrustBahwan Cybertek Inc 401(k) P…$6MRmi Direct Marketing, Inc. 401(k) PlanRmi Direct Marketing, Inc. 4…$6MRemo Inc 401(k) Profit Sharing Plan & TrustRemo Inc 401(k) Profit Shari…$6M
End-of-year total assets ($M) among Material Handling Technologies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Material Handling Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Material Handling Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 15.307431800498856% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.5M $6.34M ▲ +15.3%
Year Plans Participants Total Assets
2022 1 39 $5M
2023 1 44 $6M
2024 1 43 $6M

Material Handling Technologies, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$759K
Employer EIN561774920
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Material Handling Technologies, 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 ($B) Participants Material Handling Technologies, Inc. 401(k) Plan, Total assets ($B): 0.006255112 · Participants: 44Material Handling Technologies, 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
Material Handling Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Material Handling Technologies, Inc. 401(k) Plan side-by-side with 3 peers →

Material Handling Technologies, 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 Tri-Area Community Health 401(k) Safe Harbor Plan in VA ($6M); by covered participants it is Stancy Health Care Corp. 401(k) Plan in AZ (44 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (44 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 Handling Technologies, Inc. 401(k) Plan assets move in 2023? ▼
Material Handling Technologies, Inc. 401(k) Plan grew at a solid clip - up 13.8% during 2023, from $5M to $6M. Reported net income was $759K.
How have Material Handling Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Material Handling Technologies, Inc.'s sponsor-wide assets grew 15.3%, from $5M to $6M.
Which 401(k) plans are similar in size to Material Handling Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tri-Area Community Health 401(k) Safe Harbor Plan in VA ($6M, 135 participants).
Which 401(k) plans cover a similar participant headcount to Material Handling Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Stancy Health Care Corp. 401(k) Plan in AZ (44 participants, $1M 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 561774920.

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.