401(k) · DOL Form 5500 · 2023

The North Carolina Mutual Wholesale Drug Company, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
109
Participants Small participant base
73rd
Percentile by assets National rank
$189,469
Avg per participant Above avg balance/head
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Official DOL plan name: Mutual Drug 401(k) Plan · Sponsored by The North Carolina Mutual Wholesale Drug Company, Inc. · North Carolina · Wholesale Trade

$21M in assets, 109 participants

The North Carolina Mutual Wholesale Drug Company, Inc.'s Mutual Drug 401(k) Plan reported $21M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #4,434 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Mutual Drug 401(k) Plan covers 109 participants in North Carolina, about 13% of the average North Carolina filer (state average ~819 per filing). Assets: $21M.

#4,434
in Wholesale Trade (6,309 peers)
+7.4%
assets growth YoY

Mutual Drug 401(k) Plan's outsized position by total assets

Mutual Drug 401(k) Plan vs every filed plan by assets

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

$20,652,124 Top 27% higher than 73% 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

Mutual Drug 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. Mutual Drug 401(k) Plan sits mid-pack in the medium band (109 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mutual Drug 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Mutual Drug 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Mutual Drug 401(k) Plan reported participants fell from 113 in the plan year 2022 filing to 109 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 560576951 · The North Carolina Mutual Wholesale Drug Company, Inc. PY 2023 · 401(k)

Mutual Drug 401(k) Plan · $21M · 109 · 73rd

  • TYPE $21M
  • NET 109
  • BOOK 73rd
  • VS-ST 401(k)
  • BOY near Zo Skin Health, Inc. 401(k) Profit Sharing Plan
  • SCH ind #4434

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Mutual Drug 401(k) Plan in the asset neighbourhood

Mutual Drug 401(k) Plan$21MZo Skin Health, Inc. 401(k) Profit Sharing PlanZo Skin Health, Inc. 401(k) …$21MBobby Cox Companies, Inc. 401(k) Savings PlanBobby Cox Companies, Inc. 40…$21MOmega Healthcare Investors, Inc.401(k) and Profit Sharing PlanOmega Healthcare Investors, …$21MLa Maestra Family Clinic, Inc. 401(k) PlanLa Maestra Family Clinic, In…$21M
End-of-year total assets ($M) among Mutual Drug 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$1M
Employer EIN560576951
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The North Carolina Mutual Wholesale Drug Company, Inc.)

Sponsor-wide plan assets over time

All The North Carolina Mutual Wholesale Drug Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 17.880633847795142% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19.2M $22.7M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 113 $19M
2023 1 109 $21M
2024 1 99 $23M

Nearby 401(k) Plans in North Carolina

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

Mutual Drug 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Mutual Drug 401(k) Plan, Total assets ($B): 0.020652124 · Participants: 109Mutual Drug 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
Mutual Drug 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mutual Drug 401(k) Plan side-by-side with 3 peers →

Mutual Drug 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Zo Skin Health, Inc. 401(k) Profit Sharing Plan in CA ($21M); by covered participants it is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (109 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 Mutual Drug 401(k) Plan assets move in 2023? ▼
Mutual Drug 401(k) Plan grew at a solid clip - up 7.4% during 2023, from $19M to $21M. Reported net income was $1M.
How have The North Carolina Mutual Wholesale Drug Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The North Carolina Mutual Wholesale Drug Company, Inc.'s sponsor-wide assets grew 17.9%, from $19M to $23M.
Which 401(k) plans are similar in size to Mutual Drug 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Zo Skin Health, Inc. 401(k) Profit Sharing Plan in CA ($21M, 317 participants).
Which 401(k) plans cover a similar participant headcount to Mutual Drug 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants, $7M 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 560576951.

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.