401(k) · DOL Form 5500 · 2023

Motor Controls, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
253
Participants Below avg headcount
53rd
Percentile by assets National rank
$30,516
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Motor Controls Inc. 401(k) Plan · Sponsored by Motor Controls, Inc. · Texas · Manufacturing

$8M in assets, 253 participants

Motor Controls, Inc.'s Motor Controls Inc. 401(k) Plan reported $8M in total assets and 253 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #7,089 in Manufacturing (18,722 peers)

Coverage in Texas

Motor Controls Inc. 401(k) Plan covers 253 participants in Texas, about 37% of the average Texas filer (state average ~688 per filing). Assets: $8M.

#7,089
in Manufacturing (18,722 peers)
+25.6%
assets growth YoY

Motor Controls Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Motor Controls Inc. 401(k) Plan vs every filed plan by assets

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

$7,720,478 Top 47% higher than 53% 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 Controls Inc. 401(k) 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. Motor Controls Inc. 401(k) Plan sits mid-pack in the medium band (253 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Motor Controls Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Motor Controls Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Motor Controls Inc. 401(k) Plan reported participants rose from 241 in the plan year 2022 filing to 253 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 751725350 · Motor Controls, Inc. PY 2023 · 401(k)

Motor Controls Inc. 401(k) Plan · $8M · 253 · 53rd

  • BOOK $8M
  • BOOK 253
  • BOOK 53rd
  • BOOK 401(k)
  • BOOK near Valgroup North America, Inc. 401(k) Plan
  • BOOK ind #7089

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 Texas →

Motor Controls Inc. 401(k) Plan in the asset neighbourhood

Motor Controls Inc. 401(k) PlanMotor Controls Inc. 401(k) P…$8MValgroup North America, Inc. 401(k) PlanValgroup North America, Inc.…$8MAxcient 401(k) and Profit Sharing PlanAxcient 401(k) and Profit Sh…$8MAtrium Health and Senior Living 401(k) PlanAtrium Health and Senior Liv…$8MMilvets Systems Technology, Inc. 401(k) Profit Sharing Plan and TrustMilvets Systems Technology, …$8M
End-of-year total assets ($M) among Motor Controls Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN751725350
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Motor Controls, Inc.)

Sponsor-wide plan assets over time

All Motor Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 57.10548108570694% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.15M $9.66M ▲ +57.1%
Year Plans Participants Total Assets
2022 1 241 $6M
2023 1 253 $8M
2024 1 216 $10M

Nearby 401(k) Plans in Texas

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

Motor Controls Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Motor Controls Inc. 401(k) Plan, Total assets ($B): 0.007720478 · Participants: 253Motor Controls Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Motor Controls Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Motor Controls Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Valgroup North America, Inc. 401(k) Plan in OH ($8M); by covered participants it is Helm Group, Inc. 401(k) Plan in IL (253 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (253 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 Controls Inc. 401(k) Plan assets move in 2023?
Motor Controls Inc. 401(k) Plan grew sharply - up 25.6% during 2023, from $6M to $8M. Reported net income was $2M.
How have Motor Controls, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Motor Controls, Inc.'s sponsor-wide assets grew 57.1%, from $6M to $10M.
Which 401(k) plans are similar in size to Motor Controls Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Valgroup North America, Inc. 401(k) Plan in OH ($8M, 137 participants).
Which 401(k) plans cover a similar participant headcount to Motor Controls Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Helm Group, Inc. 401(k) Plan in IL (253 participants, $56M in assets).