401(k) · DOL Form 5500 · 2023

Mclaughlin Gormley King Company 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
183
Participants Below avg headcount
85th
Percentile by assets National rank
$257,101
Avg per participant Above avg balance/head
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Official DOL plan name: Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan · Sponsored by Mclaughlin Gormley King Company · Minnesota · Manufacturing

$47M in assets, 183 participants

Mclaughlin Gormley King Company's Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan reported $47M in total assets and 183 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,645 in Manufacturing (18,722 peers)

Coverage in Minnesota

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan covers 183 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $47M.

#14,645
in Manufacturing (18,722 peers)
+26.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan's outsized position by total assets

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan vs every filed plan by assets

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

$47,049,503 Top 15% higher than 85% 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

Mclaughlin Gormley King Company Profit Sharing and Employee Savings 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. Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan sits mid-pack in the medium band (183 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan reported net income rose from -$9M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan end-of-year assets rose from $37M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan reported participants rose from 174 in the plan year 2022 filing to 183 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410403600 · Mclaughlin Gormley King Company PY 2023 · 401(k)

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan · $47M · 183 · 85th

  • 5500 $47M
  • ASSETS 183
  • PCT 85th
  • EIN 401(k)
  • RANK near Fox Communities Credit Union Capital Accumulation Plan
  • PHOTO ind #14645

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 Minnesota →

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan in the asset neighbourhood

Mclaughlin Gormley King Company Profit Sharing and Employee Savings PlanMclaughlin Gormley King Comp…$47MFox Communities Credit Union Capital Accumulation PlanFox Communities Credit Union…$47MCole, Scott & Kissane, PA 401(k) PlanCole, Scott & Kissane, PA 40…$47MExoduspoint Capital Management LP 401(k) PlanExoduspoint Capital Manageme…$47MAndrews Mcmeel Universal Profit Sharing and 401(k) PlanAndrews Mcmeel Universal Pro…$47M
End-of-year total assets ($M) among Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$47M
Net Income$10M
Employer EIN410403600
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mclaughlin Gormley King Company)

Sponsor-wide plan assets over time

All Mclaughlin Gormley King Company plans reported in each filing year

Latest sponsor-wide plan assets
$55M 48.630931994168805% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $37.1M $55.2M ▲ +48.6%
Year Plans Participants Total Assets
2022 1 174 $37M
2023 1 183 $47M
2024 1 193 $55M

Nearby 401(k) Plans in Minnesota

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

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan, Total assets ($B): 0.047049503 · Participants: 183Mclaughlin Gormley King Company Profit Sharing and Employee Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan side-by-side with 3 peers →

Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Fox Communities Credit Union Capital Accumulation Plan in WI ($47M); by covered participants it is Ncc Ee , LLC 401(k) Profit Sharing Plan and Trust in VA (183 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (183 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 Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan assets move in 2023? ▼
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan grew sharply - up 26.7% during 2023, from $37M to $47M. Reported net income was $10M.
How have Mclaughlin Gormley King Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mclaughlin Gormley King Company's sponsor-wide assets grew 48.6%, from $37M to $55M.
Where does Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan rank by assets among Form 5500 filers? ▼
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fox Communities Credit Union Capital Accumulation Plan in WI ($47M, 448 participants).
Which 401(k) plans cover a similar participant headcount to Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ncc Ee , LLC 401(k) Profit Sharing Plan and Trust in VA (183 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 410403600.

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.